AWX Stock | | | USD 3.15 0.03 0.94% |
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 Total Revenue and its Income Before Tax 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.
Total Revenue vs Income Before Tax
Total Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avalon Holdings Total Revenue account and
Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Avalon Holdings' Total Revenue and Income Before Tax is -0.12. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax 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' Total Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Avalon Holdings are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Revenue i.e., Avalon Holdings' Total Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Avalon Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Avalon Holdings income statement and is an important metric when analyzing Avalon Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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
Click cells to compare fundamentals
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.