AvidXchange Short Term Coverage Ratios from 2010 to 2024

AVDX Stock  USD 11.15  0.01  0.09%   
AvidXchange Holdings Short Term Coverage Ratios yearly trend continues to be fairly stable with very little volatility. Short Term Coverage Ratios is likely to outpace its year average in 2024. During the period from 2010 to 2024, AvidXchange Holdings Short Term Coverage Ratios regression line of annual values had significance of  0.0002 and arithmetic mean of (44.93). View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
1.0274772
Current Value
1.08
Quarterly Volatility
26.69257377
 
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' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of AvidXchange Holdings over the last few years. It is AvidXchange Holdings' Short Term Coverage Ratios 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.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

AvidXchange Short Term Coverage Ratios Regression Statistics

Arithmetic Mean(44.93)
Coefficient Of Variation(59.41)
Mean Deviation22.48
Median(61.79)
Standard Deviation26.69
Sample Variance712.49
Range62.871
R-Value0.82
Mean Square Error254.19
R-Squared0.67
Significance0.0002
Slope4.88
Total Sum of Squares9,975

AvidXchange Short Term Coverage Ratios History

2024 1.08
2023 1.03
2022 -3.47
2021 -10.53
2020 -44.13

About AvidXchange Holdings Financial Statements

AvidXchange Holdings investors use historical fundamental indicators, such as AvidXchange Holdings' Short Term Coverage Ratios, 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
Short Term Coverage Ratios 1.03  1.08 

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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.