Advent Wireless Financials

AWI Stock  CAD 0.80  0.00  0.00%   
We were able to interpolate thirty-two available fundamental indicators for Advent Wireless, which can be compared to its peers. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Advent Wireless to be traded at C$0.792 in 90 days. Key indicators impacting Advent Wireless' financial strength include:
Operating Margin
0.0444
PE Ratio
80
Profit Margin
(0.12)
Short Ratio
0.02
Return On Equity
0.0074
  
Understanding current and past Advent Wireless Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Advent Wireless' financial statements are interrelated, with each one affecting the others. For example, an increase in Advent Wireless' assets may result in an increase in income on the income statement.
The data published in Advent Wireless' official financial statements usually reflect Advent Wireless' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Advent Wireless. For example, before you start analyzing numbers published by Advent accountants, it's critical to develop an understanding of what Advent Wireless' liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Advent Wireless' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Advent Wireless' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Advent Wireless' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Advent Wireless. Please utilize our Beneish M Score to check the likelihood of Advent Wireless' management manipulating its earnings.

Advent Wireless Stock Summary

Advent Wireless competes with Apple, Berkshire Hathaway, Alphabet, Microsoft Corp, and JPMorgan Chase. Advent-AWI Holdings Inc., together with its subsidiaries, sells cellular and wireless products, services, and accessories in Canada. Advent-AWI Holdings Inc. was incorporated in 1984 and is based in Vancouver, Canada. ADVENT AWI is traded on TSX Venture Exchange in Canada.
Foreign Associate
  USA
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA0076421019
Business Address550 West Broadway,
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Phone604 428 0028
CurrencyCAD - Canadian Dollar
You should never invest in Advent Wireless without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Advent Stock, because this is throwing your money away. Analyzing the key information contained in Advent Wireless' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Advent Wireless Key Financial Ratios

Generally speaking, Advent Wireless' financial ratios allow both analysts and investors to convert raw data from Advent Wireless' financial statements into concise, actionable information that can be used to evaluate the performance of Advent Wireless over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Advent Wireless reports annually and quarterly.

Advent Wireless Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets21.1M20.2M19.2M17.1M15.4M16.1M
Other Current Liab835.4K805.9K651.0K682.7K614.4K882.2K
Net Tangible Assets19.4M18.4M17.0M15.9M18.3M18.7M
Retained Earnings13.6M12.6M11.3M9.7M11.2M13.1M
Accounts Payable1.4M1.3M1.7M1.4M1.2M1.6M
Cash9.6M10.0M9.2M6.4M5.7M8.7M
Other Assets1.8M1.1M1.3M983.1K884.8K1.4M
Net Receivables1.0M848.3K1.0M593.0K533.7K507.0K
Inventory107.3K140.5K540.7K69.8K62.8K59.6K
Total Liab2.7M2.7M2.9M2.4M2.2M2.7M
Total Current Assets17.9M17.0M16.4M15.5M17.8M18.4M
Intangible Assets4.0K1.5K450K323.7K372.3K390.9K
Net Invested Capital18.6M17.7M16.5M14.8M13.3M14.0M
Net Working Capital15.6M14.7M13.8M13.1M11.8M11.6M

Advent Wireless Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Advent Wireless' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense4.5K11.3K13.9K10.0K32.1K33.8K
Total Revenue6.3M4.1M5.6M5.5M5.6M8.5M
Gross Profit3.0M2.1M2.5M3.0M3.0M3.6M
Operating Income(399.5K)(719.0K)(834.2K)266.4K60.4K57.3K
Ebit(500.6K)(785.2K)344.5K222.6K200.4K190.3K
Cost Of Revenue3.4M2.0M3.2M2.5M2.6M4.9M
Income Before Tax1.0M928.0K(762.0K)421.5K219.6K208.6K
Net Income828.0K827.9K(719.5K)(929.4K)(688.7K)(654.3K)
Income Tax Expense816.9K159.4K67.7K138.6K124.7K118.5K
Minority Interest(12.7K)19.6K(28.3K)(34.1K)(30.2K)(31.7K)
Tax Provision159.4K67.7K(70.8K)113.1K109.3K212.4K
Net Interest Income187.4K86.7K386.078.0K64.0K58.0K
Interest Income293.0K154.3K75.1K131.8K144.4K125.2K
Ebitda1.3M1.2M(411.7K)663.2K596.9K403.8K

Advent Wireless Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Advent Wireless. It measures of how well Advent is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Advent Wireless brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Advent had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Advent Wireless has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory346.4K(33.2K)(55.8K)470.9K284.6K298.8K
Investments2.0M1.0M(4.3K)(1.7M)(3.6M)(3.4M)
Change In Cash842.1K413.4K(826.1K)(2.2M)(5.3M)(5.1M)
Depreciation245.4K304.8K236.9K231.8K208.1K221.6K
Capital Expenditures1.8K32.3K16.9K4.5K3.5K3.3K
Net Income828.0K827.9K(719.5K)(929.4K)(688.7K)(654.3K)
Change To Netincome782.1K(1.9M)(1.7M)362.7K326.4K342.7K
End Period Cash Flow9.6M10.0M9.2M6.4M2.3M2.2M
Free Cash Flow(1.3M)(858.8K)(105.3K)333.6K(870.9K)(827.4K)
Other Non Cash Items(288.5K)(142.9K)(51.2K)(121.8K)(112.3K)(106.7K)

Advent Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Advent Wireless's current stock value. Our valuation model uses many indicators to compare Advent Wireless value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advent Wireless competition to find correlations between indicators driving Advent Wireless's intrinsic value. More Info.
Advent Wireless is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Advent Wireless is roughly  14.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Advent Wireless by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Advent Wireless' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Advent Wireless' earnings, one of the primary drivers of an investment's value.

Advent Wireless Systematic Risk

Advent Wireless' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Advent Wireless volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Advent Wireless correlated with the market. If Beta is less than 0 Advent Wireless generally moves in the opposite direction as compared to the market. If Advent Wireless Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Advent Wireless is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Advent Wireless is generally in the same direction as the market. If Beta > 1 Advent Wireless moves generally in the same direction as, but more than the movement of the benchmark.

Advent Wireless Total Assets Over Time

About Advent Wireless Financials

What exactly are Advent Wireless Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Advent Wireless' income statement, its balance sheet, and the statement of cash flows. Potential Advent Wireless investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Advent Wireless investors may use each financial statement separately, they are all related. The changes in Advent Wireless's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Advent Wireless's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Advent Wireless Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Advent Wireless is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Advent has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Advent Wireless' financials are consistent with your investment objective using the following steps:
  • Review Advent Wireless' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Advent Wireless' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Advent Wireless' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Advent Wireless' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Advent Wireless Thematic Clasifications

Advent Wireless is part of several thematic ideas from Wireless to Office Supplies. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

Advent Wireless April 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Advent Wireless help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Advent Wireless. We use our internally-developed statistical techniques to arrive at the intrinsic value of Advent Wireless based on widely used predictive technical indicators. In general, we focus on analyzing Advent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Advent Wireless's daily price indicators and compare them against related drivers.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Wireless. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Advent Wireless' price analysis, check to measure Advent Wireless' 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 Advent Wireless is operating at the current time. Most of Advent Wireless' value examination focuses on studying past and present price action to predict the probability of Advent Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advent Wireless' price. Additionally, you may evaluate how the addition of Advent Wireless to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Advent Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advent Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advent Wireless' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.