AWX Stock | | | USD 3.18 0.10 3.05% |
Avalon Holdings financial indicator trend analysis is way more than just evaluating Avalon Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avalon Holdings is a good investment. Please check the relationship between Avalon Holdings Gross Profit and its Interest Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Avalon Stock please use our
How to Invest in Avalon Holdings guide.
Gross Profit vs Interest Expense
Gross Profit vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avalon Holdings Gross Profit account and
Interest Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Avalon Holdings' Gross Profit and Interest Expense is 0.65. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Avalon Holdings, assuming nothing else is changed. The correlation between historical values of Avalon Holdings' Gross Profit and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Avalon Holdings are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Gross Profit i.e., Avalon Holdings' Gross Profit and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Avalon Holdings minus its cost of goods sold. It is profit before Avalon Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Avalon Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avalon Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Avalon Stock please use our
How to Invest in Avalon Holdings guide.At this time, Avalon Holdings'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.8
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 13.6M | 14.0M | 13.8M | 10.5M | Total Revenue | 70.4M | 81.2M | 80.5M | 64.3M |
Avalon Holdings fundamental ratios Correlations
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Avalon Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avalon Holdings fundamental ratios Accounts
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Additional Tools for Avalon Stock Analysis
When running Avalon Holdings' price analysis, check to
measure Avalon Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avalon Holdings is operating at the current time. Most of Avalon Holdings' value examination focuses on studying past and present price action to
predict the probability of Avalon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avalon Holdings' price. Additionally, you may evaluate how the addition of Avalon Holdings to your portfolios can decrease your overall portfolio volatility.