Avid Historical Balance Sheet

CDMO Stock

USD 12.30 0.05 0.41%

Trend analysis of Avid Bioservices balance sheet accounts such as Short Long Term Debt Total of 218.2 M, Other Current Liabilities of 9.1 M or Total Current Liabilities of 74.1 M provides information on Avid Bioservices' total assets, liabilities, and equity, which is the actual value of Avid Bioservices to its prevalent stockholders. By breaking down trends over time using Avid Bioservices balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

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Covid

Financial Statement Analysis is much more than just reviewing and examining Avid Bioservices latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Avid Bioservices is a good buy for the upcoming year.

Avid Bioservices Inventory

31.89 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avid Bioservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.

About Avid Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Avid Bioservices at a specified time, usually calculated after every quarter, six months, or one year. Avid Bioservices Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avid Bioservices and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avid currently owns. An asset can also be divided into two categories, current and non-current.

Avid Bioservices Balance Sheet Chart

At this time, Avid Bioservices' Accounts Payable is very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 244.2 M, while Total Stockholder Equity is likely to drop about 38.7 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Additional Paid In Capital Capital Stock

Add Fundamental

Total Assets

Total assets refers to the total amount of Avid Bioservices assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Avid Bioservices books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Avid Bioservices balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Avid Bioservices are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Additional Paid In Capital

Additional Paid In Capital (or APIC) is an accounting term found on Avid Bioservices Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Avid Bioservices Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Avid Bioservices shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most accounts from Avid Bioservices' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Avid Bioservices current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Avid Bioservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.At this time, Avid Bioservices' Accounts Payable is very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 244.2 M, while Total Stockholder Equity is likely to drop about 38.7 M.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	182.5M	189.2M	207.8M	218.2M
Total Assets	429.8M	451.1M	336.6M	353.4M

Short Long Term Debt Total Total Assets

Avid Bioservices balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Cash	Cash And Short Term Investments	Inventory	Non Currrent Assets Other	Short Term Debt	Other Assets	Long Term Debt
Total Assets		0.95	0.93	0.87	0.8	0.89	0.77	-0.35	0.84	0.95	0.93	0.82	0.95	0.49	0.42	0.97	0.86	0.76	0.74	0.41	0.41	0.82	0.78	0.49	0.89	0.85
Short Long Term Debt Total	0.95		0.93	0.78	0.59	0.95	0.89	-0.27	0.86	0.94	0.96	0.75	1.0	0.6	0.24	0.99	0.94	0.65	0.8	0.28	0.28	0.74	0.73	0.35	0.94	0.9
Other Current Liab	0.93	0.93		0.79	0.67	0.87	0.78	-0.32	0.77	0.89	0.91	0.8	0.93	0.57	0.35	0.93	0.84	0.69	0.75	0.35	0.35	0.73	0.59	0.44	0.83	0.83
Total Current Liabilities	0.87	0.78	0.79		0.64	0.74	0.55	-0.62	0.77	0.75	0.83	0.82	0.78	0.49	0.62	0.86	0.72	0.82	0.59	0.49	0.49	0.85	0.79	0.32	0.69	0.69
Total Stockholder Equity	0.8	0.59	0.67	0.64		0.52	0.37	-0.23	0.53	0.73	0.6	0.63	0.59	0.07	0.55	0.62	0.45	0.67	0.43	0.47	0.47	0.65	0.57	0.66	0.56	0.54
Property Plant And Equipment Net	0.89	0.95	0.87	0.74	0.52		0.95	-0.31	0.93	0.95	0.9	0.74	0.95	0.69	0.24	0.94	1.0	0.46	0.76	0.03	0.03	0.81	0.74	0.44	0.96	0.87
Net Debt	0.77	0.89	0.78	0.55	0.37	0.95		-0.1	0.85	0.9	0.8	0.58	0.89	0.65	0.01	0.85	0.96	0.23	0.71	-0.2	-0.2	0.71	0.65	0.4	0.94	0.81
Retained Earnings	-0.35	-0.27	-0.32	-0.62	-0.23	-0.31	-0.1		-0.36	-0.22	-0.43	-0.72	-0.26	-0.44	-0.88	-0.35	-0.32	-0.49	-0.38	-0.32	-0.32	-0.43	-0.27	0.02	-0.19	-0.4
Accounts Payable	0.84	0.86	0.77	0.77	0.53	0.93	0.85	-0.36		0.88	0.83	0.66	0.86	0.57	0.31	0.88	0.92	0.47	0.65	0.07	0.07	0.8	0.73	0.56	0.85	0.77
Non Current Assets Total	0.95	0.94	0.89	0.75	0.73	0.95	0.9	-0.22	0.88		0.88	0.74	0.94	0.53	0.28	0.93	0.92	0.53	0.72	0.12	0.12	0.84	0.76	0.58	0.95	0.85
Net Receivables	0.93	0.96	0.91	0.83	0.6	0.9	0.8	-0.43	0.83	0.88		0.87	0.96	0.52	0.39	0.96	0.89	0.72	0.9	0.36	0.36	0.73	0.67	0.33	0.85	0.95
Common Stock Shares Outstanding	0.82	0.75	0.8	0.82	0.63	0.74	0.58	-0.72	0.66	0.74	0.87		0.75	0.51	0.7	0.8	0.71	0.71	0.84	0.39	0.39	0.69	0.53	0.25	0.66	0.87
Non Current Liabilities Total	0.95	1.0	0.93	0.78	0.59	0.95	0.89	-0.26	0.86	0.94	0.96	0.75		0.6	0.23	0.99	0.94	0.65	0.79	0.28	0.28	0.74	0.73	0.35	0.94	0.89
Other Current Assets	0.49	0.6	0.57	0.49	0.07	0.69	0.65	-0.44	0.57	0.53	0.52	0.51	0.6		0.21	0.6	0.73	0.23	0.34	-0.1	-0.1	0.55	0.47	-0.04	0.66	0.46
Other Stockholder Equity	0.42	0.24	0.35	0.62	0.55	0.24	0.01	-0.88	0.31	0.28	0.39	0.7	0.23	0.21		0.33	0.21	0.59	0.31	0.46	0.46	0.46	0.28	0.21	0.15	0.35
Total Liab	0.97	0.99	0.93	0.86	0.62	0.94	0.85	-0.35	0.88	0.93	0.96	0.8	0.99	0.6	0.33		0.93	0.71	0.78	0.34	0.34	0.79	0.77	0.36	0.92	0.88
Property Plant And Equipment Gross	0.86	0.94	0.84	0.72	0.45	1.0	0.96	-0.32	0.92	0.92	0.89	0.71	0.94	0.73	0.21	0.93		0.44	0.75	0.0	0.0	0.79	0.74	0.38	0.96	0.86
Total Current Assets	0.76	0.65	0.69	0.82	0.67	0.46	0.23	-0.49	0.47	0.53	0.72	0.71	0.65	0.23	0.59	0.71	0.44		0.52	0.89	0.89	0.5	0.55	0.13	0.45	0.56
Intangible Assets	0.74	0.8	0.75	0.59	0.43	0.76	0.71	-0.38	0.65	0.72	0.9	0.84	0.79	0.34	0.31	0.78	0.75	0.52		0.23	0.23	0.48	0.38	0.21	0.69	0.97
Cash	0.41	0.28	0.35	0.49	0.47	0.03	-0.2	-0.32	0.07	0.12	0.36	0.39	0.28	-0.1	0.46	0.34	0.0	0.89	0.23		1.0	0.07	0.2	-0.1	0.04	0.22
Cash And Short Term Investments	0.41	0.28	0.35	0.49	0.47	0.03	-0.2	-0.32	0.07	0.12	0.36	0.39	0.28	-0.1	0.46	0.34	0.0	0.89	0.23	1.0		0.07	0.2	-0.1	0.04	0.22
Inventory	0.82	0.74	0.73	0.85	0.65	0.81	0.71	-0.43	0.8	0.84	0.73	0.69	0.74	0.55	0.46	0.79	0.79	0.5	0.48	0.07	0.07		0.88	0.58	0.77	0.62
Non Currrent Assets Other	0.78	0.73	0.59	0.79	0.57	0.74	0.65	-0.27	0.73	0.76	0.67	0.53	0.73	0.47	0.28	0.77	0.74	0.55	0.38	0.2	0.2	0.88		0.34	0.78	0.54
Short Term Debt	0.49	0.35	0.44	0.32	0.66	0.44	0.4	0.02	0.56	0.58	0.33	0.25	0.35	-0.04	0.21	0.36	0.38	0.13	0.21	-0.1	-0.1	0.58	0.34		0.36	0.29
Other Assets	0.89	0.94	0.83	0.69	0.56	0.96	0.94	-0.19	0.85	0.95	0.85	0.66	0.94	0.66	0.15	0.92	0.96	0.45	0.69	0.04	0.04	0.77	0.78	0.36		0.83
Long Term Debt	0.85	0.9	0.83	0.69	0.54	0.87	0.81	-0.4	0.77	0.85	0.95	0.87	0.89	0.46	0.35	0.88	0.86	0.56	0.97	0.22	0.22	0.62	0.54	0.29	0.83

Click cells to compare fundamentals

Avid Bioservices Account Relationship Matchups

Avid Bioservices balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	107.6M	265.5M	429.8M	451.1M	336.6M	353.4M
Short Long Term Debt Total	26.9M	118.2M	182.5M	189.2M	207.8M	218.2M
Other Current Liab	3.8M	8.2M	9.5M	11.2M	8.7M	9.1M
Total Current Liabilities	44.5M	70.9M	75.8M	73.7M	70.6M	74.1M
Total Stockholder Equity	41.9M	77.7M	174.5M	189.5M	60.9M	38.7M
Property Plant And Equipment Net	47.2M	56.1M	129.8M	220.1M	227.7M	239.1M
Net Debt	(9.4M)	(51.7M)	56.4M	150.7M	169.7M	178.2M
Retained Earnings	(571.1M)	(559.9M)	(431.4M)	(430.8M)	(571.9M)	(543.3M)
Accounts Payable	5.9M	9.3M	9.5M	24.6M	20.7M	21.7M
Non Current Assets Total	47.9M	57.7M	249.8M	338.6M	232.6M	244.2M
Net Receivables	11.9M	25.0M	25.9M	27.9M	29.0M	30.5M
Common Stock Shares Outstanding	56.3M	59.4M	70.5M	63.8M	63.2M	66.4M
Liabilities And Stockholders Equity	107.6M	265.5M	429.8M	451.1M	336.6M	353.4M
Non Current Liabilities Total	21.2M	116.8M	179.6M	187.9M	205.1M	215.4M
Other Current Assets	712K	1.1M	1.9M	2.1M	6.5M	6.8M
Other Stockholder Equity	612.9M	637.5M	605.8M	620.2M	632.7M	364.2M
Total Liab	65.7M	187.8M	255.3M	261.6M	275.7M	289.5M
Property Plant And Equipment Gross	47.2M	56.1M	129.8M	220.1M	264.3M	277.5M
Total Current Assets	59.8M	207.8M	180.0M	112.5M	104.0M	109.2M
Cash	36.3M	169.9M	126.2M	38.5M	38.1M	36.3M
Cash And Short Term Investments	36.3M	169.9M	126.2M	38.5M	38.1M	36.3M
Inventory	10.9M	11.9M	26.1M	43.9M	30.4M	31.9M
Short Term Debt	5.6M	2.7M	3.5M	142.0M	2.8M	2.7M
Other Assets	652K	1.6M	120.1M	118.5M	136.2M	143.0M
Property Plant Equipment	27.1M	37.5M	93.0M	177.4M	204.0M	214.2M
Current Deferred Revenue	29.1M	50.8M	53.8M	37.4M	39.9M	41.9M
Retained Earnings Total Equity	(571.1M)	(559.9M)	(431.4M)	(430.8M)	(387.7M)	(407.1M)
Deferred Long Term Liab	2.2M	2.1M	900K	3.5M	4.0M	4.2M
Net Tangible Assets	41.9M	77.7M	174.5M	189.5M	217.9M	228.8M
Capital Surpluse	612.9M	637.5M	605.8M	620.2M	713.3M	623.0M

Pair Trading with Avid Bioservices

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avid Bioservices position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avid Bioservices will appreciate offsetting losses from the drop in the long position's value.

Moving against Avid Stock

0.73	TCHH	Trustcash Holdings	Pair Corr
0.61	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.6	EQ	Equillium	Pair Corr
0.6	VALN	Valneva SE ADR	Pair Corr
0.54	PFE	Pfizer Inc Aggressive Push	Pair Corr

The ability to find closely correlated positions to Avid Bioservices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avid Bioservices when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avid Bioservices - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avid Bioservices to buy it.

The correlation of Avid Bioservices is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avid Bioservices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avid Bioservices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avid Bioservices can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Avid Bioservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avid Bioservices' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avid Bioservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avid Bioservices Stock:

How To Invest In Avid

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Is Avid Stock a good investment?

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What is Avid Bioservices' Net Worth?

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To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avid Bioservices. If investors know Avid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avid Bioservices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.80)

Earnings Share

(2.29)

Revenue Per Share

2.245

Quarterly Revenue Growth

0.065

Return On Assets

(0.03)

The market value of Avid Bioservices is measured differently than its book value, which is the value of Avid that is recorded on the company's balance sheet. Investors also form their own opinion of Avid Bioservices' value that differs from its market value or its book value, called intrinsic value, which is Avid Bioservices' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avid Bioservices' market value can be influenced by many factors that don't directly affect Avid Bioservices' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Avid Bioservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avid Bioservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avid Bioservices' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Avid Historical Balance Sheet

Avid Bioservices Inventory

31.89 Million

About Avid Balance Sheet Analysis

Avid Bioservices Balance Sheet Chart

Total Assets

Total Current Liabilities

Additional Paid In Capital

Capital Stock

Avid Bioservices balance sheet Correlations

Avid Bioservices Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avid Bioservices balance sheet Accounts

Pair Trading with Avid Bioservices

Moving against Avid Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Total Liab	+ 0.97	Total Assets

Other Stockholder Equity	- 0.88	Retained Earnings
Common Stock Shares Outstanding	- 0.72	Retained Earnings
Retained Earnings	- 0.62	Total Current Liabilities
Total Current Assets	- 0.49	Retained Earnings
Other Current Assets	- 0.44	Retained Earnings
Inventory	- 0.43	Retained Earnings