AvidXchange Debt Ratio from 2010 to 2024

AVDX Stock  USD 11.15  0.01  0.09%   
AvidXchange Holdings Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.03 in 2024. During the period from 2010 to 2024, AvidXchange Holdings Debt Ratio regression line of annual values had r-squared of  0.66 and arithmetic mean of  0.13. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.03139825
Current Value
0.0298
Quarterly Volatility
0.05211326
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange Holdings' main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 3.62. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Latest AvidXchange Holdings' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of AvidXchange Holdings over the last few years. It is AvidXchange Holdings' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AvidXchange Holdings' overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

AvidXchange Debt Ratio Regression Statistics

Arithmetic Mean0.13
Geometric Mean0.12
Coefficient Of Variation39.01
Mean Deviation0.04
Median0.17
Standard Deviation0.05
Sample Variance0
Range0.1355
R-Value(0.81)
Mean Square Error0.001
R-Squared0.66
Significance0.0002
Slope(0.01)
Total Sum of Squares0.04

AvidXchange Debt Ratio History

2024 0.0298
2023 0.0314
2022 0.0682
2021 0.0843
2020 0.14

Other Fundumenentals of AvidXchange Holdings

AvidXchange Holdings Debt Ratio component correlations

-0.41-0.030.660.640.360.240.720.740.62-0.73-0.320.690.72-0.330.790.72-0.80.730.70.7-0.69-0.620.54
-0.41-0.86-0.95-0.96-0.92-0.97-0.9-0.89-0.940.840.36-0.92-0.910.23-0.88-0.870.86-0.86-0.91-0.860.770.78-0.66
-0.03-0.860.680.70.820.920.640.620.72-0.59-0.070.680.650.080.550.59-0.520.620.640.59-0.56-0.450.4
0.66-0.950.681.00.860.870.970.960.96-0.93-0.40.970.97-0.30.980.94-0.970.940.960.93-0.87-0.840.74
0.64-0.960.71.00.870.890.970.970.96-0.93-0.370.970.97-0.270.980.94-0.970.950.970.94-0.86-0.820.69
0.36-0.920.820.860.870.90.850.820.88-0.75-0.330.860.85-0.240.790.83-0.780.790.850.76-0.69-0.720.61
0.24-0.970.920.870.890.90.830.810.87-0.77-0.240.850.84-0.120.780.8-0.760.80.830.78-0.72-0.660.56
0.72-0.90.640.970.970.850.830.990.97-0.93-0.340.991.0-0.280.980.98-0.980.970.990.93-0.88-0.810.69
0.74-0.890.620.960.970.820.810.990.94-0.96-0.250.970.98-0.180.990.95-0.980.990.970.96-0.9-0.750.61
0.62-0.940.720.960.960.880.870.970.94-0.86-0.460.990.98-0.370.930.98-0.930.910.990.89-0.78-0.880.73
-0.730.84-0.59-0.93-0.93-0.75-0.77-0.93-0.96-0.860.1-0.91-0.920.01-0.96-0.850.94-0.98-0.88-0.930.980.62-0.59
-0.320.36-0.07-0.4-0.37-0.33-0.24-0.34-0.25-0.460.1-0.39-0.370.98-0.33-0.480.38-0.14-0.42-0.180.010.82-0.74
0.69-0.920.680.970.970.860.850.990.970.99-0.91-0.391.0-0.310.960.98-0.960.950.990.9-0.87-0.840.74
0.72-0.910.650.970.970.850.841.00.980.98-0.92-0.371.0-0.30.970.99-0.970.960.990.91-0.87-0.830.71
-0.330.230.08-0.3-0.27-0.24-0.12-0.28-0.18-0.370.010.98-0.31-0.3-0.26-0.440.31-0.07-0.36-0.09-0.060.76-0.68
0.79-0.880.550.980.980.790.780.980.990.93-0.96-0.330.960.97-0.260.94-1.00.980.970.96-0.89-0.80.66
0.72-0.870.590.940.940.830.80.980.950.98-0.85-0.480.980.99-0.440.94-0.950.910.990.87-0.79-0.880.75
-0.80.86-0.52-0.97-0.97-0.78-0.76-0.98-0.98-0.930.940.38-0.96-0.970.31-1.0-0.95-0.96-0.97-0.950.870.82-0.68
0.73-0.860.620.940.950.790.80.970.990.91-0.98-0.140.950.96-0.070.980.91-0.960.940.96-0.94-0.670.56
0.7-0.910.640.960.970.850.830.990.970.99-0.88-0.420.990.99-0.360.970.99-0.970.940.92-0.81-0.860.69
0.7-0.860.590.930.940.760.780.930.960.89-0.93-0.180.90.91-0.090.960.87-0.950.960.92-0.84-0.680.46
-0.690.77-0.56-0.87-0.86-0.69-0.72-0.88-0.9-0.780.980.01-0.87-0.87-0.06-0.89-0.790.87-0.94-0.81-0.840.53-0.59
-0.620.78-0.45-0.84-0.82-0.72-0.66-0.81-0.75-0.880.620.82-0.84-0.830.76-0.8-0.880.82-0.67-0.86-0.680.53-0.86
0.54-0.660.40.740.690.610.560.690.610.73-0.59-0.740.740.71-0.680.660.75-0.680.560.690.46-0.59-0.86
Click cells to compare fundamentals

About AvidXchange Holdings Financial Statements

AvidXchange Holdings investors use historical fundamental indicators, such as AvidXchange Holdings' Debt Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.03  0.03 
Cash Flow To Debt Ratio 0.11  0.11 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for AvidXchange Stock Analysis

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