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.
 
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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.

Avante Logixx Inventory

1.19 Million

  
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.

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

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.

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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

Cash refers to the most liquid asset of Avante Logixx, which is listed under current asset account on Avante Logixx balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Avante Logixx customers. The amounts must be unrestricted with restricted cash listed in a different Avante Logixx account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Liabilities17.9M7.4M8.9M7.1M
Total Assets42.9M25.6M25.2M19.2M

Avante Logixx balance sheet Correlations

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Avante Logixx Account Relationship Matchups

Avante Logixx balance sheet Accounts

201920202021202220232024 (projected)
Total Assets49.1M44.1M42.9M25.6M25.2M19.2M
Total Current Liabilities19.1M16.0M17.9M7.4M8.9M7.1M
Total Stockholder Equity14.5M11.6M16.1M16.8M13.5M8.8M
Net Debt14.6M12.3M9.4M(8.0M)(4.7M)(4.4M)
Retained Earnings(7.4M)(10.3M)(15.7M)(15.7M)(18.7M)(17.8M)
Accounts Payable10.0M10.4M6.2M4.2M4.6M4.5M
Cash1.3M1.6M354.1K10.1M6.0M6.3M
Cash And Short Term Investments1.3M1.6M354.1K10.1M6.0M6.3M
Liabilities And Stockholders Equity49.1M44.1M42.9M25.6M25.2M19.2M
Other Current Assets771.1K496.6K29.6M192.7K591.8K562.2K
Other Stockholder Equity1.5M1.5M1.6M2.3M2.4M3.0M
Total Liab34.2M32.5M26.9M8.8M11.7M10.3M
Total Current Assets21.0M22.6M35.0M17.3M15.4M11.1M
Net Receivables17.1M18.9M4.1M6.1M7.7M5.4M
Other Current Liab158.5K3.0M8.5M1.4M1.6M1.4M
Property Plant And Equipment Net4.0M3.9M1.7M2.4M2.3M1.5M
Current Deferred Revenue3.2M3.0M2.3M2.1M2.4M2.4M
Non Current Assets Total28.1M21.5M8.0M8.3M9.8M9.2M
Inventory1.8M1.6M936.2K929.4K1.1M1.2M
Short Long Term Debt Total16.0M13.9M9.7M2.1M1.4M1.3M
Non Current Liabilities Total15.1M16.4M9.0M1.4M2.8M4.4M
Short Term Debt5.7M2.6M949.0K1.1M562.1K533.9K
Net Tangible Assets2.6M(6.8M)(4.0M)11.3M10.2M10.7M
Other Assets(2.0)(1.0)2.01.00.90.86
Short Long Term Debt4.9M1.9M443.4K500K89.7K85.2K
Intangible Assets10.6M5.9M1.7M1.9M2.5M4.4M
Property Plant Equipment2.3M3.8M3.7M1.7M1.9M2.0M
Other Liab1.6M4.9M5.2M8.8M10.1M10.6M
Long Term Debt516.1K8.6M9.9M8.4M9.7M10.2M
Good Will8.2M10.5M9.6M3.0M4.5M5.5M
Non Currrent Assets Other98.8K275.5K13.4K(1.0)(0.9)(0.85)
Capital Lease Obligations2.4M2.2M840.7K1.6M1.4M1.3M
Net Invested Capital28.0M23.4M24.9M17.3M13.6M15.9M
Net Working Capital1.9M6.6M17.1M9.9M6.5M7.3M

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