Avangrid Historical Balance Sheet

AGR Stock

USD 36.23 0.15 0.42%

Trend analysis of Avangrid balance sheet accounts such as Total Assets of 46.2 B, Short and Long Term Debt Total of 12.8 B or Other Current Liab of 1.3 B provides information on Avangrid's total assets, liabilities, and equity, which is the actual value of Avangrid to its prevalent stockholders. By breaking down trends over time using Avangrid 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

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Avangrid 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 Avangrid is a good buy for the upcoming year.

Avangrid Inventory

519.75 Million

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

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

About Avangrid Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Avangrid at a specified time, usually calculated after every quarter, six months, or one year. Avangrid Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avangrid 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 Avangrid currently owns. An asset can also be divided into two categories, current and non-current.

Avangrid Balance Sheet Chart

At this time, Avangrid's Net Debt is relatively stable compared to the past year. As of 11/22/2024, Retained Earnings is likely to grow to about 2.1 B, while Common Stock Total Equity is likely to drop slightly above 2.6 M.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab

Add Fundamental

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Avangrid 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 Avangrid 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.

Most accounts from Avangrid's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Avangrid 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 Avangrid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.At this time, Avangrid's Net Debt is relatively stable compared to the past year. As of 11/22/2024, Retained Earnings is likely to grow to about 2.1 B, while Common Stock Total Equity is likely to drop slightly above 2.6 M.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	8.6B	9.4B	12.2B	12.8B
Total Assets	39.5B	41.1B	44.0B	46.2B

Short Long Term Debt Total Total Assets

Avangrid balance sheet Correlations

	Common Stock Shares Outstanding	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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Common Stock Shares Outstanding		0.87	0.81	0.87	0.84	0.87	0.87	0.79	0.86	0.87	0.28	0.87	0.54	0.26	0.88	-0.6	0.86	0.79	0.74	0.85	0.86	0.86	0.84	0.65	-0.6	0.5
Total Assets	0.87		0.94	0.96	0.95	0.99	1.0	0.91	1.0	0.98	0.37	1.0	0.63	0.35	0.98	-0.86	0.99	0.9	0.77	0.99	1.0	0.97	0.95	0.78	-0.86	0.52
Short Long Term Debt Total	0.81	0.94		0.91	0.95	0.9	0.95	0.99	0.92	0.95	0.41	0.93	0.43	0.4	0.92	-0.73	0.94	0.83	0.88	0.89	0.95	0.93	0.93	0.84	-0.73	0.68
Other Current Liab	0.87	0.96	0.91		0.97	0.96	0.96	0.9	0.96	0.95	0.21	0.96	0.7	0.17	0.96	-0.81	0.93	0.9	0.84	0.95	0.95	0.96	0.89	0.84	-0.81	0.65
Total Current Liabilities	0.84	0.95	0.95	0.97		0.94	0.97	0.96	0.95	0.97	0.18	0.95	0.61	0.15	0.96	-0.78	0.92	0.89	0.88	0.93	0.95	0.96	0.87	0.91	-0.78	0.71
Total Stockholder Equity	0.87	0.99	0.9	0.96	0.94		0.99	0.87	0.99	0.97	0.35	0.99	0.67	0.32	0.97	-0.88	0.98	0.9	0.74	1.0	0.98	0.97	0.93	0.75	-0.88	0.48
Property Plant And Equipment Net	0.87	1.0	0.95	0.96	0.97	0.99		0.92	0.99	0.99	0.36	1.0	0.61	0.33	0.98	-0.86	0.99	0.9	0.79	0.99	0.99	0.97	0.94	0.8	-0.85	0.55
Net Debt	0.79	0.91	0.99	0.9	0.96	0.87	0.92		0.9	0.94	0.32	0.91	0.43	0.31	0.91	-0.7	0.91	0.84	0.91	0.86	0.93	0.92	0.89	0.88	-0.69	0.75
Retained Earnings	0.86	1.0	0.92	0.96	0.95	0.99	0.99	0.9		0.97	0.33	1.0	0.66	0.3	0.97	-0.88	0.99	0.89	0.74	0.99	0.99	0.96	0.92	0.78	-0.88	0.5
Accounts Payable	0.87	0.98	0.95	0.95	0.97	0.97	0.99	0.94	0.97		0.33	0.98	0.57	0.3	0.99	-0.81	0.96	0.91	0.83	0.97	0.98	0.98	0.93	0.8	-0.81	0.58
Cash	0.28	0.37	0.41	0.21	0.18	0.35	0.36	0.32	0.33	0.33		0.35	-0.25	0.99	0.26	-0.31	0.44	0.18	0.19	0.35	0.39	0.32	0.59	-0.07	-0.31	-0.08
Non Current Assets Total	0.87	1.0	0.93	0.96	0.95	0.99	1.0	0.91	1.0	0.98	0.35		0.64	0.33	0.98	-0.87	0.99	0.9	0.76	0.99	0.99	0.97	0.94	0.78	-0.87	0.52
Non Currrent Assets Other	0.54	0.63	0.43	0.7	0.61	0.67	0.61	0.43	0.66	0.57	-0.25	0.64		-0.27	0.66	-0.66	0.58	0.71	0.41	0.67	0.59	0.62	0.47	0.53	-0.66	0.35
Cash And Short Term Investments	0.26	0.35	0.4	0.17	0.15	0.32	0.33	0.31	0.3	0.3	0.99	0.33	-0.27		0.24	-0.3	0.43	0.14	0.16	0.32	0.37	0.28	0.57	-0.1	-0.3	-0.12
Net Receivables	0.88	0.98	0.92	0.96	0.96	0.97	0.98	0.91	0.97	0.99	0.26	0.98	0.66	0.24		-0.79	0.96	0.94	0.83	0.97	0.97	0.98	0.93	0.79	-0.79	0.58
Common Stock Total Equity	-0.6	-0.86	-0.73	-0.81	-0.78	-0.88	-0.86	-0.7	-0.88	-0.81	-0.31	-0.87	-0.66	-0.3	-0.79		-0.85	-0.71	-0.48	-0.9	-0.85	-0.79	-0.76	-0.63	1.0	-0.25
Non Current Liabilities Total	0.86	0.99	0.94	0.93	0.92	0.98	0.99	0.91	0.99	0.96	0.44	0.99	0.58	0.43	0.96	-0.85		0.86	0.73	0.97	1.0	0.94	0.96	0.74	-0.85	0.48
Inventory	0.79	0.9	0.83	0.9	0.89	0.9	0.9	0.84	0.89	0.91	0.18	0.9	0.71	0.14	0.94	-0.71	0.86		0.82	0.9	0.88	0.95	0.86	0.73	-0.71	0.64
Other Current Assets	0.74	0.77	0.88	0.84	0.88	0.74	0.79	0.91	0.74	0.83	0.19	0.76	0.41	0.16	0.83	-0.48	0.73	0.82		0.72	0.77	0.87	0.79	0.82	-0.48	0.89
Other Stockholder Equity	0.85	0.99	0.89	0.95	0.93	1.0	0.99	0.86	0.99	0.97	0.35	0.99	0.67	0.32	0.97	-0.9	0.97	0.9	0.72		0.98	0.96	0.93	0.74	-0.89	0.47
Total Liab	0.86	1.0	0.95	0.95	0.95	0.98	0.99	0.93	0.99	0.98	0.39	0.99	0.59	0.37	0.97	-0.85	1.0	0.88	0.77	0.98		0.95	0.95	0.79	-0.85	0.53
Property Plant And Equipment Gross	0.86	0.97	0.93	0.96	0.96	0.97	0.97	0.92	0.96	0.98	0.32	0.97	0.62	0.28	0.98	-0.79	0.94	0.95	0.87	0.96	0.95		0.94	0.8	-0.79	0.65
Total Current Assets	0.84	0.95	0.93	0.89	0.87	0.93	0.94	0.89	0.92	0.93	0.59	0.94	0.47	0.57	0.93	-0.76	0.96	0.86	0.79	0.93	0.95	0.94		0.65	-0.76	0.51
Short Term Debt	0.65	0.78	0.84	0.84	0.91	0.75	0.8	0.88	0.78	0.8	-0.07	0.78	0.53	-0.1	0.79	-0.63	0.74	0.73	0.82	0.74	0.79	0.8	0.65		-0.63	0.83
Common Stock	-0.6	-0.86	-0.73	-0.81	-0.78	-0.88	-0.85	-0.69	-0.88	-0.81	-0.31	-0.87	-0.66	-0.3	-0.79	1.0	-0.85	-0.71	-0.48	-0.89	-0.85	-0.79	-0.76	-0.63		-0.25
Current Deferred Revenue	0.5	0.52	0.68	0.65	0.71	0.48	0.55	0.75	0.5	0.58	-0.08	0.52	0.35	-0.12	0.58	-0.25	0.48	0.64	0.89	0.47	0.53	0.65	0.51	0.83	-0.25

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Avangrid Account Relationship Matchups

Avangrid balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	309.5M	309.6M	358.6M	387.2M	387.2M	406.5M
Total Assets	34.4B	37.8B	39.5B	41.1B	44.0B	46.2B
Short Long Term Debt Total	8.1B	11.3B	8.6B	9.4B	12.2B	12.8B
Other Current Liab	711M	708M	870M	1.0B	1.2B	1.3B
Total Current Liabilities	3.6B	3.1B	3.3B	4.4B	5.2B	5.5B
Total Stockholder Equity	15.2B	15.2B	19.1B	19.4B	19.6B	20.6B
Property Plant And Equipment Net	25.3B	26.9B	29.0B	31.2B	33.1B	34.7B
Net Debt	7.9B	9.8B	7.1B	9.3B	12.1B	12.7B
Retained Earnings	1.7B	1.7B	1.7B	1.9B	2.0B	2.1B
Accounts Payable	1.4B	1.5B	1.6B	2.0B	1.9B	2.0B
Cash	36M	178M	1.5B	1.5B	69M	175.5M
Non Current Assets Total	32.4B	34.0B	35.7B	37.9B	40.6B	42.6B
Non Currrent Assets Other	311M	331M	374M	2.5B	2.9B	3.1B
Cash And Short Term Investments	36M	178M	1.8B	1.5B	69M	86.5M
Net Receivables	1.1B	1.2B	1.3B	1.7B	1.6B	1.7B
Liabilities And Stockholders Equity	34.4B	37.8B	39.5B	41.1B	44.0B	46.2B
Non Current Liabilities Total	15.2B	18.9B	16.2B	16.4B	18.1B	19.0B
Inventory	251M	262M	343M	503M	495M	519.8M
Other Current Assets	300M	553M	680M	893M	1.2B	1.3B
Total Liab	18.8B	22.0B	19.5B	20.8B	23.3B	24.5B
Property Plant And Equipment Gross	25.2B	26.9B	39.6B	42.7B	45.5B	47.8B
Total Current Assets	2.0B	2.0B	3.8B	3.2B	3.4B	3.6B
Accumulated Other Comprehensive Income	(95M)	(111M)	(273M)	(180M)	(25M)	(26.3M)
Short Term Debt	1.3B	636M	549M	1B	2.0B	2.1B
Current Deferred Revenue	140M	141M	204M	271M	806M	846.3M
Intangible Assets	314M	305M	293M	281M	284M	319.3M
Other Liab	8.4B	8.2B	8.1B	7.9B	9.1B	8.8B
Net Tangible Assets	11.8B	15.2B	19.1B	19.4B	22.3B	14.9B
Other Assets	2.8B	3.9B	2.5B	2.7B	2.4B	2.4B
Long Term Debt	6.7B	7.5B	7.9B	8.2B	10.0B	6.9B
Deferred Long Term Liab	2.6B	2.6B	2.3B	2.3B	2.1B	2.1B
Long Term Investments	708M	736M	621M	486M	764M	593.8M
Short Long Term Debt	1.3B	620M	533M	980M	2.0B	2.1B
Property Plant Equipment	25.4B	26.8B	28.9B	31.0B	35.6B	24.2B
Noncontrolling Interest In Consolidated Entity	349M	617M	885M	962M	865.8M	822.5M

Pair Trading with Avangrid

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 Avangrid 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 Avangrid will appreciate offsetting losses from the drop in the long position's value.

Moving against Avangrid Stock

0.51	EBR	Centrais Electricas	Pair Corr
0.35	ES	Eversource Energy	Pair Corr

The ability to find closely correlated positions to Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid 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 Avangrid - 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 Avangrid to buy it.

The correlation of Avangrid 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 Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid 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 Avangrid 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

Additional Tools for Avangrid Stock Analysis

When running Avangrid's price analysis, check to measure Avangrid's 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 Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.

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Avangrid Historical Balance Sheet

Avangrid Inventory

519.75 Million

About Avangrid Balance Sheet Analysis

Avangrid Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Avangrid balance sheet Correlations

Avangrid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avangrid balance sheet Accounts

Pair Trading with Avangrid

Moving against Avangrid Stock

Additional Tools for Avangrid Stock Analysis

COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Other Stockholder Equity	- 0.9	Common Stock Total Equity
Common Stock	- 0.89	Other Stockholder Equity
Common Stock	- 0.88	Retained Earnings
Common Stock Total Equity	- 0.88	Retained Earnings
Common Stock	- 0.88	Total Stockholder Equity
Common Stock Total Equity	- 0.88	Total Stockholder Equity