Avante Historical Balance Sheet
XX Stock | CAD 1.17 0.02 1.68% |
Trend analysis of Avante Logixx balance sheet accounts such as Total Assets of 19.2 M, Total Current Liabilities of 7.1 M, Total Stockholder Equity of 8.8 M or Accounts Payable of 4.5 M provides information on Avante Logixx's total assets, liabilities, and equity, which is the actual value of Avante Logixx to its prevalent stockholders. By breaking down trends over time using Avante Logixx balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Avante Logixx latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Avante Logixx is a good buy for the upcoming year.
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About Avante Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Avante Logixx at a specified time, usually calculated after every quarter, six months, or one year. Avante Logixx Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avante Logixx and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avante currently owns. An asset can also be divided into two categories, current and non-current.
Avante Logixx Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Avante Logixx assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Avante Logixx books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Avante Logixx balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Avante Logixx are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents Avante Logixx 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 Avante Logixx 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Avante Logixx balance sheet. This account contains Avante Logixx investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Avante Logixx fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from Avante Logixx's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Avante Logixx current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Avante Logixx. 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. At this time, Avante Logixx's Other Liabilities is fairly stable compared to the past year. Long Term Debt is likely to climb to about 10.2 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 7.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 17.9M | 7.4M | 8.9M | 7.1M | Total Assets | 42.9M | 25.6M | 25.2M | 19.2M |
Avante Logixx balance sheet Correlations
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Avante Logixx Account Relationship Matchups
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Avante Logixx balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 49.1M | 44.1M | 42.9M | 25.6M | 25.2M | 19.2M | |
Total Current Liabilities | 19.1M | 16.0M | 17.9M | 7.4M | 8.9M | 7.1M | |
Total Stockholder Equity | 14.5M | 11.6M | 16.1M | 16.8M | 13.5M | 8.8M | |
Net Debt | 14.6M | 12.3M | 9.4M | (8.0M) | (4.7M) | (4.4M) | |
Retained Earnings | (7.4M) | (10.3M) | (15.7M) | (15.7M) | (18.7M) | (17.8M) | |
Accounts Payable | 10.0M | 10.4M | 6.2M | 4.2M | 4.6M | 4.5M | |
Cash | 1.3M | 1.6M | 354.1K | 10.1M | 6.0M | 6.3M | |
Cash And Short Term Investments | 1.3M | 1.6M | 354.1K | 10.1M | 6.0M | 6.3M | |
Liabilities And Stockholders Equity | 49.1M | 44.1M | 42.9M | 25.6M | 25.2M | 19.2M | |
Other Current Assets | 771.1K | 496.6K | 29.6M | 192.7K | 591.8K | 562.2K | |
Other Stockholder Equity | 1.5M | 1.5M | 1.6M | 2.3M | 2.4M | 3.0M | |
Total Liab | 34.2M | 32.5M | 26.9M | 8.8M | 11.7M | 10.3M | |
Total Current Assets | 21.0M | 22.6M | 35.0M | 17.3M | 15.4M | 11.1M | |
Net Receivables | 17.1M | 18.9M | 4.1M | 6.1M | 7.7M | 5.4M | |
Other Current Liab | 158.5K | 3.0M | 8.5M | 1.4M | 1.6M | 1.4M | |
Property Plant And Equipment Net | 4.0M | 3.9M | 1.7M | 2.4M | 2.3M | 1.5M | |
Current Deferred Revenue | 3.2M | 3.0M | 2.3M | 2.1M | 2.4M | 2.4M | |
Non Current Assets Total | 28.1M | 21.5M | 8.0M | 8.3M | 9.8M | 9.2M | |
Inventory | 1.8M | 1.6M | 936.2K | 929.4K | 1.1M | 1.2M | |
Short Long Term Debt Total | 16.0M | 13.9M | 9.7M | 2.1M | 1.4M | 1.3M | |
Non Current Liabilities Total | 15.1M | 16.4M | 9.0M | 1.4M | 2.8M | 4.4M | |
Short Term Debt | 5.7M | 2.6M | 949.0K | 1.1M | 562.1K | 533.9K | |
Net Tangible Assets | 2.6M | (6.8M) | (4.0M) | 11.3M | 10.2M | 10.7M | |
Other Assets | (2.0) | (1.0) | 2.0 | 1.0 | 0.9 | 0.86 | |
Short Long Term Debt | 4.9M | 1.9M | 443.4K | 500K | 89.7K | 85.2K | |
Intangible Assets | 10.6M | 5.9M | 1.7M | 1.9M | 2.5M | 4.4M | |
Property Plant Equipment | 2.3M | 3.8M | 3.7M | 1.7M | 1.9M | 2.0M | |
Other Liab | 1.6M | 4.9M | 5.2M | 8.8M | 10.1M | 10.6M | |
Long Term Debt | 516.1K | 8.6M | 9.9M | 8.4M | 9.7M | 10.2M | |
Good Will | 8.2M | 10.5M | 9.6M | 3.0M | 4.5M | 5.5M | |
Non Currrent Assets Other | 98.8K | 275.5K | 13.4K | (1.0) | (0.9) | (0.85) | |
Capital Lease Obligations | 2.4M | 2.2M | 840.7K | 1.6M | 1.4M | 1.3M | |
Net Invested Capital | 28.0M | 23.4M | 24.9M | 17.3M | 13.6M | 15.9M | |
Net Working Capital | 1.9M | 6.6M | 17.1M | 9.9M | 6.5M | 7.3M |
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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.