Avalo Net Receivables vs Accounts Payable Analysis

AVTX Stock  USD 9.23  0.12  1.32%   
Avalo Therapeutics financial indicator trend analysis is way more than just evaluating Avalo Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avalo Therapeutics is a good investment. Please check the relationship between Avalo Therapeutics Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Avalo Stock please use our How to Invest in Avalo Therapeutics guide.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avalo Therapeutics Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avalo Therapeutics' Net Receivables and Accounts Payable is 0.41. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Avalo Therapeutics, assuming nothing else is changed. The correlation between historical values of Avalo Therapeutics' Net Receivables and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Avalo Therapeutics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., Avalo Therapeutics' Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Avalo Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Avalo Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Avalo Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avalo Therapeutics 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 Avalo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Avalo Stock please use our How to Invest in Avalo Therapeutics guide.At this time, Avalo Therapeutics' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 32.5 K in 2024, whereas Discontinued Operations is likely to drop (32.6 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M4.2M3.4M5.6M
Depreciation And Amortization1.7M166K158K150.1K

Avalo Therapeutics fundamental ratios Correlations

0.90.850.780.61-0.27-0.480.450.660.82-0.090.68-0.070.190.540.560.570.810.210.610.63-0.30.830.540.480.31
0.90.960.640.580.04-0.360.580.440.89-0.10.47-0.230.180.540.420.650.640.180.580.48-0.130.910.660.610.3
0.850.960.550.590.08-0.370.610.480.8-0.170.5-0.320.220.490.40.690.650.10.630.440.120.840.60.60.22
0.780.640.550.41-0.38-0.350.150.380.71-0.350.43-0.05-0.430.470.47-0.040.570.40.160.46-0.460.660.380.210.33
0.610.580.590.41-0.27-0.870.570.590.35-0.010.630.280.150.530.850.430.64-0.190.380.5-0.010.33-0.120.04-0.16
-0.270.040.08-0.38-0.270.18-0.18-0.70.2-0.25-0.69-0.05-0.02-0.52-0.220.07-0.620.09-0.07-0.770.420.130.390.42-0.42
-0.48-0.36-0.37-0.35-0.870.18-0.15-0.38-0.320.22-0.38-0.65-0.02-0.39-0.99-0.19-0.370.15-0.15-0.240.01-0.10.13-0.10.52
0.450.580.610.150.57-0.18-0.150.550.190.450.58-0.480.350.540.130.610.63-0.060.640.650.170.41-0.05-0.070.42
0.660.440.480.380.59-0.7-0.380.550.130.310.99-0.140.480.470.40.570.95-0.140.670.87-0.070.3-0.050.010.35
0.820.890.80.710.350.2-0.320.190.13-0.330.15-0.03-0.050.350.40.390.360.410.370.2-0.260.880.810.70.13
-0.09-0.1-0.17-0.35-0.01-0.250.220.450.31-0.330.29-0.120.570.02-0.260.350.21-0.160.440.39-0.09-0.13-0.24-0.220.3
0.680.470.50.430.63-0.69-0.380.580.990.150.29-0.160.440.460.40.550.97-0.160.650.85-0.110.35-0.07-0.020.39
-0.07-0.23-0.32-0.050.28-0.05-0.65-0.48-0.14-0.03-0.12-0.16-0.05-0.030.63-0.22-0.23-0.19-0.35-0.23-0.28-0.34-0.23-0.01-0.68
0.190.180.22-0.430.15-0.02-0.020.350.48-0.050.570.44-0.05-0.03-0.050.850.38-0.290.650.30.170.10.10.240.08
0.540.540.490.470.53-0.52-0.390.540.470.350.020.46-0.03-0.030.430.240.53-0.080.110.74-0.270.290.040.060.36
0.560.420.40.470.85-0.22-0.990.130.40.4-0.260.40.63-0.050.430.160.41-0.090.140.28-0.090.17-0.070.13-0.45
0.570.650.69-0.040.430.07-0.190.610.570.390.350.55-0.220.850.240.160.6-0.150.810.450.170.530.390.480.19
0.810.640.650.570.64-0.62-0.370.630.950.360.210.97-0.230.380.530.410.6-0.030.690.87-0.180.550.120.110.47
0.210.180.10.4-0.190.090.15-0.06-0.140.41-0.16-0.16-0.19-0.29-0.08-0.09-0.15-0.030.240.01-0.140.220.26-0.080.06
0.610.580.630.160.38-0.07-0.150.640.670.370.440.65-0.350.650.110.140.810.690.240.540.220.490.30.260.2
0.630.480.440.460.5-0.77-0.240.650.870.20.390.85-0.230.30.740.280.450.870.010.54-0.320.33-0.03-0.070.59
-0.3-0.130.12-0.46-0.010.420.010.17-0.07-0.26-0.09-0.11-0.280.17-0.27-0.090.17-0.18-0.140.22-0.32-0.28-0.150.0-0.46
0.830.910.840.660.330.13-0.10.410.30.88-0.130.35-0.340.10.290.170.530.550.220.490.33-0.280.770.640.46
0.540.660.60.38-0.120.390.13-0.05-0.050.81-0.24-0.07-0.230.10.04-0.070.390.120.260.3-0.03-0.150.770.910.23
0.480.610.60.210.040.42-0.1-0.070.010.7-0.22-0.02-0.010.240.060.130.480.11-0.080.26-0.070.00.640.91-0.01
0.310.30.220.33-0.16-0.420.520.420.350.130.30.39-0.680.080.36-0.450.190.470.060.20.59-0.460.460.23-0.01
Click cells to compare fundamentals

Avalo Therapeutics Account Relationship Matchups

Avalo Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.1M43.8M80.2M33.4M21.0M37.3M
Other Current Liab10.1M12.2M16.0M12.7M3.6M3.5M
Total Current Liabilities12.2M15.2M19.9M22.1M4.6M4.4M
Total Stockholder Equity21.0M24.6M23.1M(10.9M)7.3M8.3M
Property Plant And Equipment Net1.4M1.6M2.7M2.4M2.0M1.1M
Net Debt(2.3M)(18.5M)(21.8M)6.2M(6.9M)(7.2M)
Retained Earnings(114.3M)(177.8M)(262.2M)(303.8M)(335.1M)(318.4M)
Accounts Payable2.1M2.6M3.4M2.9M446K423.7K
Cash3.6M18.9M54.6M13.2M7.4M7.0M
Non Current Assets Total18.4M17.8M18.4M17.0M12.6M16.6M
Non Currrent Assets Other102K149K1.2M131K117.9K112.0K
Cash And Short Term Investments11.2M18.9M54.6M13.2M7.4M7.0M
Common Stock Shares Outstanding19.8K25.5K36.2K39.2K277.7K291.6K
Liabilities And Stockholders Equity36.1M43.8M80.2M33.4M21.0M37.3M
Non Current Liabilities Total3.0M4.0M37.2M22.2M9.1M12.1M
Other Current Assets707K4.9M2.4M1.3M844K1.4M
Other Stockholder Equity135.2M202.3M285.1M292.9M342.4M359.6M
Total Liab15.1M19.2M57.1M44.3M13.7M13.0M
Total Current Assets17.7M26.0M61.8M16.4M8.4M8.0M
Common Stock44K75K113K9K1K950.0
Short Long Term Debt Total1.3M426.3K32.8M19.4M537K510.2K
Current Deferred Revenue(155.8K)10.9M16.0M88K101.2K96.1K
Short Term Debt155.8K426K485K6.5M537K510.2K
Net Receivables5.2M2.2M4.8M1.9M136K129.2K
Inventory1.1M21K3K38K20K0.0
Other Liab1.8M2.9M4.4M7.0M6.3M5.8M
Net Tangible Assets4.2M8.6M8.6M(25.3M)(22.8M)(21.7M)
Other Assets101.9K148.6K1.2M1.00.90.86
Net Invested Capital21.0M24.6M55.9M8.5M7.3M6.9M
Property Plant And Equipment Gross1.4M1.6M3.0M2.8M2.5M1.9M
Non Current Liabilities Other1.1M3.9M4.3M3.7M3.4M3.3M
Net Working Capital5.6M10.8M42.0M(5.7M)3.8M3.6M
Intangible Assets31.2M2.4M1.6M38K34.2K32.5K
Property Plant Equipment1.4M1.6M2.7M2.4M2.8M1.6M
Capital Stock47.2K76.3K113K9K1K950.0

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