Avante Logixx Stock Working Capital

XX Stock  CAD 1.17  0.02  1.68%   
Avante Logixx fundamentals help investors to digest information that contributes to Avante Logixx's financial success or failures. It also enables traders to predict the movement of Avante Stock. The fundamental analysis module provides a way to measure Avante Logixx's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avante Logixx stock.
Last ReportedProjected for Next Year
Net Working Capital6.5 M7.3 M
Change In Working Capital-22.4 K-23.5 K
Net Working Capital is likely to climb to about 7.3 M in 2024, whereas Change In Working Capital is likely to drop (23.5 K) in 2024.
  
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Avante Logixx Company Working Capital Analysis

Avante Logixx's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Avante Logixx Working Capital

    
  6.52 M  
Most of Avante Logixx's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avante Logixx is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Avante Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Avante Logixx is extremely important. It helps to project a fair market value of Avante Stock properly, considering its historical fundamentals such as Working Capital. Since Avante Logixx's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avante Logixx's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avante Logixx's interrelated accounts and indicators.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Avante Capital Lease Obligations

Capital Lease Obligations

1.35 Million

At this time, Avante Logixx's Capital Lease Obligations is fairly stable compared to the past year.
As per the company's disclosures, Avante Logixx has a Working Capital of 6.52 M. This is 97.98% lower than that of the Electronic Equipment, Instruments & Components sector and 89.46% lower than that of the Information Technology industry. The working capital for all Canada stocks is 99.56% higher than that of the company.

Avante Logixx Current Valuation Drivers

We derive many important indicators used in calculating different scores of Avante Logixx from analyzing Avante Logixx's financial statements. These drivers represent accounts that assess Avante Logixx's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avante Logixx's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap17.2M32.2M20.5M26.2M23.1M3.7M
Enterprise Value31.8M44.5M29.9M18.2M18.6M18.2M

Avante Fundamentals

About Avante Logixx Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Avante Logixx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avante Logixx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avante Logixx based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Avante Stock Analysis

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