Ava Inventory vs Other Assets Analysis
AVA Stock | 0.13 0.01 7.14% |
Ava Risk financial indicator trend analysis is way more than just evaluating Ava Risk Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ava Risk Group is a good investment. Please check the relationship between Ava Risk Inventory and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ava Risk Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Inventory vs Other Assets
Inventory vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ava Risk Group Inventory account and Other Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Ava Risk's Inventory and Other Assets is 0.09. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Assets in the same time period over historical financial statements of Ava Risk Group, assuming nothing else is changed. The correlation between historical values of Ava Risk's Inventory and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Ava Risk Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Inventory i.e., Ava Risk's Inventory and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Inventory
Other Assets
Most indicators from Ava Risk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ava Risk Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Ava Risk Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Issuance Of Capital Stock is likely to gain to about 5.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 14.7M | 22.9M | 12.1M | 12.7M | Total Revenue | 18.6M | 28.6M | 30.1M | 22.9M |
Ava Risk fundamental ratios Correlations
Click cells to compare fundamentals
Ava Risk Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ava Risk fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.7M | 43.3M | 30.4M | 37.1M | 36.1M | 27.7M | |
Other Current Liab | 4.4M | 7.0M | 3.1M | 2.9M | 3.0M | 2.6M | |
Total Current Liabilities | 7.5M | 10.6M | 4.0M | 6.5M | 6.9M | 5.1M | |
Total Stockholder Equity | 25.4M | 32.0M | 25.9M | 29.3M | 27.9M | 22.0M | |
Other Liab | 354K | 379K | 319K | 634K | 729.1K | 765.6K | |
Accounts Payable | 2.3M | 3.4M | 786K | 1.5M | 1.6M | 2.1M | |
Cash | 7.7M | 17.3M | 15.2M | 5.5M | 5.1M | 7.9M | |
Other Assets | 1.0 | 4.4M | 96K | 75K | 86.3K | 81.9K | |
Net Receivables | 8.1M | 10.7M | 4.7M | 8.4M | 9.0M | 6.5M | |
Inventory | 3.9M | 3.1M | 3.3M | 7.5M | 6.6M | 3.7M | |
Other Current Assets | 568K | 495K | 400K | 670K | 738K | 717.1K | |
Total Liab | 8.3M | 11.2M | 4.5M | 7.8M | 8.1M | 5.6M | |
Intangible Assets | 12.0M | 10.8M | 6.0M | 13.6M | 6.7M | 5.0M | |
Common Stock | 58.3M | 59.1M | 50.8M | 53.8M | 57.9M | 48.9M | |
Property Plant Equipment | 1.3M | 805K | 740K | 1.4M | 1.6M | 1.0M | |
Property Plant And Equipment Net | 1.3M | 805K | 740K | 1.4M | 1.8M | 1.1M | |
Net Debt | (7.0M) | (16.9M) | (14.9M) | (2.7M) | (2.1M) | (2.2M) | |
Retained Earnings | (30.6M) | (24.1M) | (22.6M) | (23.6M) | (29.3M) | (30.7M) | |
Non Current Assets Total | 13.4M | 11.7M | 6.8M | 15.0M | 14.6M | 8.3M | |
Non Currrent Assets Other | (5.4M) | (5.0M) | (2.1M) | (9.5M) | 46K | 48.3K | |
Cash And Short Term Investments | 7.7M | 17.3M | 15.2M | 5.5M | 5.1M | 9.1M | |
Common Stock Shares Outstanding | 243.0M | 247.8M | 246.1M | 255.0M | 263.4M | 190.4M | |
Liabilities And Stockholders Equity | 33.7M | 43.3M | 30.4M | 37.1M | 36.1M | 30.8M | |
Non Current Liabilities Total | 762K | 599.0K | 472K | 1.3M | 1.2M | 1.3M | |
Other Stockholder Equity | (27.7M) | (35.0M) | (28.2M) | (30.2M) | (1.0) | (1.05) | |
Total Current Assets | 20.3M | 31.6M | 23.6M | 22.0M | 21.4M | 21.1M | |
Accumulated Other Comprehensive Income | (2.3M) | (2.9M) | (2.3M) | (959K) | (726K) | (762.3K) | |
Short Term Debt | 305K | 210K | 131K | 2.2M | 2.3M | 2.4M | |
Net Tangible Assets | 17.8M | 25.6M | 20.0M | 21.2M | 19.0M | 15.9M | |
Current Deferred Revenue | 452K | 431K | 218K | 225K | 278K | 383.5K | |
Deferred Long Term Liab | 4.4M | 4.4M | 4.6M | 5.5M | 6.3M | 3.7M | |
Property Plant And Equipment Gross | 1.3M | 5.1M | 5.2M | 6.3M | 7.2M | 7.5M | |
Long Term Debt Total | 408K | 220K | 153K | 660K | 759K | 797.0K | |
Net Invested Capital | 25.4M | 32.0M | 25.9M | 31.8M | 30.1M | 28.3M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Ava Stock Analysis
When running Ava Risk's price analysis, check to measure Ava Risk'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 Ava Risk is operating at the current time. Most of Ava Risk's value examination focuses on studying past and present price action to predict the probability of Ava Risk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ava Risk's price. Additionally, you may evaluate how the addition of Ava Risk to your portfolios can decrease your overall portfolio volatility.