Avangrid Net Debt vs Non Current Liabilities Total Analysis

AGR Stock

USD 36.05 0.21 0.59%

Avangrid financial indicator trend analysis is way more than just evaluating Avangrid prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avangrid is a good investment. Please check the relationship between Avangrid Net Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avangrid Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Avangrid's Net Debt and Non Current Liabilities Total is 0.91. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Avangrid, assuming nothing else is changed. The correlation between historical values of Avangrid's Net Debt and Non Current Liabilities Total 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 Debt of Avangrid are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Avangrid's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Non Current Liabilities Total

Most indicators from Avangrid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avangrid 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 Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.At this time, Avangrid's Selling General Administrative is relatively stable compared to the past year. As of 05/21/2024, Enterprise Value is likely to grow to about 25.9 B, though Tax Provision is likely to grow to (8.6 M).

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.6B	2.8B	2.9B
Total Revenue	7.0B	7.9B	8.3B	8.7B

Gross Profit Total Revenue

Avangrid fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Common Stock Shares Outstanding		0.87	0.79	0.71	0.84	0.87	0.87	0.79	0.86	0.87	0.28	0.87	0.54	0.26	0.88	-0.6	0.86	0.79	0.8	0.85	0.86	0.86	0.84	0.65	-0.6	0.5
Total Assets	0.87		0.92	0.78	0.95	0.99	1.0	0.91	1.0	0.98	0.37	1.0	0.63	0.35	0.98	-0.86	0.99	0.9	0.79	0.99	1.0	0.97	0.95	0.78	-0.86	0.52
Short Long Term Debt Total	0.79	0.92		0.55	0.94	0.87	0.93	0.99	0.89	0.93	0.43	0.91	0.38	0.42	0.9	-0.7	0.92	0.83	0.86	0.87	0.94	0.92	0.93	0.83	-0.7	0.7
Other Current Liab	0.71	0.78	0.55		0.63	0.81	0.76	0.53	0.78	0.75	0.4	0.78	0.49	0.4	0.75	-0.78	0.77	0.6	0.37	0.81	0.75	0.69	0.74	0.31	-0.78	-0.06
Total Current Liabilities	0.84	0.95	0.94	0.63		0.94	0.97	0.96	0.95	0.97	0.18	0.95	0.61	0.15	0.96	-0.78	0.92	0.89	0.89	0.93	0.95	0.96	0.87	0.91	-0.78	0.71
Total Stockholder Equity	0.87	0.99	0.87	0.81	0.94		0.99	0.87	0.99	0.97	0.35	0.99	0.67	0.32	0.97	-0.88	0.98	0.9	0.76	1.0	0.98	0.97	0.93	0.75	-0.88	0.48
Property Plant And Equipment Net	0.87	1.0	0.93	0.76	0.97	0.99		0.92	0.99	0.99	0.36	1.0	0.61	0.33	0.98	-0.86	0.99	0.9	0.8	0.99	0.99	0.97	0.94	0.8	-0.85	0.55
Net Debt	0.79	0.91	0.99	0.53	0.96	0.87	0.92		0.9	0.94	0.32	0.91	0.43	0.31	0.91	-0.7	0.91	0.84	0.89	0.86	0.93	0.92	0.89	0.88	-0.69	0.75
Retained Earnings	0.86	1.0	0.89	0.78	0.95	0.99	0.99	0.9		0.97	0.33	1.0	0.66	0.3	0.97	-0.88	0.99	0.89	0.77	0.99	0.99	0.96	0.92	0.78	-0.88	0.5
Accounts Payable	0.87	0.98	0.93	0.75	0.97	0.97	0.99	0.94	0.97		0.33	0.98	0.57	0.3	0.99	-0.81	0.96	0.91	0.82	0.97	0.98	0.98	0.93	0.8	-0.81	0.58
Cash	0.28	0.37	0.43	0.4	0.18	0.35	0.36	0.32	0.33	0.33		0.35	-0.25	0.99	0.26	-0.31	0.44	0.18	0.11	0.35	0.39	0.32	0.59	-0.07	-0.31	-0.08
Non Current Assets Total	0.87	1.0	0.91	0.78	0.95	0.99	1.0	0.91	1.0	0.98	0.35		0.64	0.33	0.98	-0.87	0.99	0.9	0.78	0.99	0.99	0.97	0.94	0.78	-0.87	0.52
Non Currrent Assets Other	0.54	0.63	0.38	0.49	0.61	0.67	0.61	0.43	0.66	0.57	-0.25	0.64		-0.27	0.66	-0.66	0.58	0.71	0.5	0.67	0.59	0.62	0.47	0.53	-0.66	0.35
Cash And Short Term Investments	0.26	0.35	0.42	0.4	0.15	0.32	0.33	0.31	0.3	0.3	0.99	0.33	-0.27		0.24	-0.3	0.43	0.14	0.08	0.32	0.37	0.28	0.57	-0.1	-0.3	-0.12
Net Receivables	0.88	0.98	0.9	0.75	0.96	0.97	0.98	0.91	0.97	0.99	0.26	0.98	0.66	0.24		-0.79	0.96	0.94	0.83	0.97	0.97	0.98	0.93	0.79	-0.79	0.58
Common Stock Total Equity	-0.6	-0.86	-0.7	-0.78	-0.78	-0.88	-0.86	-0.7	-0.88	-0.81	-0.31	-0.87	-0.66	-0.3	-0.79		-0.85	-0.71	-0.49	-0.9	-0.85	-0.79	-0.76	-0.63	1.0	-0.25
Non Current Liabilities Total	0.86	0.99	0.92	0.77	0.92	0.98	0.99	0.91	0.99	0.96	0.44	0.99	0.58	0.43	0.96	-0.85		0.86	0.75	0.97	1.0	0.94	0.96	0.74	-0.85	0.48
Inventory	0.79	0.9	0.83	0.6	0.89	0.9	0.9	0.84	0.89	0.91	0.18	0.9	0.71	0.14	0.94	-0.71	0.86		0.81	0.9	0.88	0.95	0.86	0.73	-0.71	0.64
Other Current Assets	0.8	0.79	0.86	0.37	0.89	0.76	0.8	0.89	0.77	0.82	0.11	0.78	0.5	0.08	0.83	-0.49	0.75	0.81		0.74	0.79	0.86	0.77	0.86	-0.49	0.88
Other Stockholder Equity	0.85	0.99	0.87	0.81	0.93	1.0	0.99	0.86	0.99	0.97	0.35	0.99	0.67	0.32	0.97	-0.9	0.97	0.9	0.74		0.98	0.96	0.93	0.74	-0.89	0.47
Total Liab	0.86	1.0	0.94	0.75	0.95	0.98	0.99	0.93	0.99	0.98	0.39	0.99	0.59	0.37	0.97	-0.85	1.0	0.88	0.79	0.98		0.95	0.95	0.79	-0.85	0.53
Property Plant And Equipment Gross	0.86	0.97	0.92	0.69	0.96	0.97	0.97	0.92	0.96	0.98	0.32	0.97	0.62	0.28	0.98	-0.79	0.94	0.95	0.86	0.96	0.95		0.94	0.8	-0.79	0.65
Total Current Assets	0.84	0.95	0.93	0.74	0.87	0.93	0.94	0.89	0.92	0.93	0.59	0.94	0.47	0.57	0.93	-0.76	0.96	0.86	0.77	0.93	0.95	0.94		0.65	-0.76	0.51
Short Term Debt	0.65	0.78	0.83	0.31	0.91	0.75	0.8	0.88	0.78	0.8	-0.07	0.78	0.53	-0.1	0.79	-0.63	0.74	0.73	0.86	0.74	0.79	0.8	0.65		-0.63	0.83
Common Stock	-0.6	-0.86	-0.7	-0.78	-0.78	-0.88	-0.85	-0.69	-0.88	-0.81	-0.31	-0.87	-0.66	-0.3	-0.79	1.0	-0.85	-0.71	-0.49	-0.89	-0.85	-0.79	-0.76	-0.63		-0.25
Current Deferred Revenue	0.5	0.52	0.7	-0.06	0.71	0.48	0.55	0.75	0.5	0.58	-0.08	0.52	0.35	-0.12	0.58	-0.25	0.48	0.64	0.88	0.47	0.53	0.65	0.51	0.83	-0.25

Click cells to compare fundamentals

Avangrid Account Relationship Matchups

Avangrid fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	309.5M	309.6M	358.6M	387.2M	387.2M	406.5M
Total Assets	34.4B	37.8B	39.5B	41.1B	44.0B	46.2B
Short Long Term Debt Total	8.1B	11.3B	8.6B	9.4B	12.2B	12.8B
Other Current Liab	711M	789M	929M	1.1B	493M	333.7M
Total Current Liabilities	3.6B	3.1B	3.3B	4.4B	5.2B	5.5B
Total Stockholder Equity	15.2B	15.2B	19.1B	19.4B	19.6B	20.6B
Property Plant And Equipment Net	25.3B	26.9B	29.0B	31.2B	33.1B	34.7B
Net Debt	7.9B	9.8B	7.1B	9.3B	12.1B	12.7B
Retained Earnings	1.7B	1.7B	1.7B	1.9B	2.0B	2.1B
Accounts Payable	1.4B	1.5B	1.6B	2.0B	1.9B	2.0B
Cash	36M	178M	1.5B	1.5B	69M	175.5M
Non Current Assets Total	32.4B	34.0B	35.7B	37.9B	40.6B	42.6B
Non Currrent Assets Other	311M	331M	374M	2.5B	2.9B	3.1B
Cash And Short Term Investments	36M	178M	1.8B	1.5B	69M	86.5M
Net Receivables	1.1B	1.2B	1.3B	1.7B	1.6B	1.7B
Liabilities And Stockholders Equity	34.4B	37.8B	39.5B	41.1B	44.0B	46.2B
Non Current Liabilities Total	15.2B	18.9B	16.2B	16.4B	18.1B	19.0B
Inventory	251M	262M	343M	503M	495M	519.8M
Other Current Assets	300M	327M	401M	453M	734M	770.7M
Total Liab	18.8B	22.0B	19.5B	20.8B	23.3B	24.5B
Property Plant And Equipment Gross	25.2B	26.9B	39.6B	42.7B	45.5B	47.8B
Total Current Assets	2.0B	2.0B	3.8B	3.2B	3.4B	3.6B
Accumulated Other Comprehensive Income	(95M)	(111M)	(273M)	(180M)	(25M)	(26.3M)
Short Term Debt	1.3B	636M	549M	1B	2.0B	2.1B
Current Deferred Revenue	140M	141M	204M	271M	806M	846.3M
Intangible Assets	314M	305M	293M	281M	284M	319.3M
Other Liab	8.4B	8.2B	8.1B	7.9B	9.1B	8.8B
Net Tangible Assets	11.8B	15.2B	19.1B	19.4B	22.3B	14.9B
Other Assets	2.8B	3.9B	2.5B	2.7B	2.4B	2.4B
Long Term Debt	6.7B	7.5B	7.9B	8.2B	10.0B	6.9B
Deferred Long Term Liab	2.6B	2.6B	2.3B	2.3B	2.1B	2.1B
Long Term Investments	708M	736M	621M	486M	764M	593.8M
Short Long Term Debt	1.3B	620M	533M	980M	2.0B	2.1B
Property Plant Equipment	25.4B	26.8B	28.9B	31.0B	35.6B	24.2B
Noncontrolling Interest In Consolidated Entity	349M	617M	885M	962M	865.8M	822.5M

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When determining whether Avangrid is a strong investment it is important to analyze Avangrid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avangrid's future performance. For an informed investment choice regarding Avangrid Stock, refer to the following important reports:

How To Invest In Avangrid

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Is Avangrid Stock a good investment?

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What is Avangrid's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.

Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Avangrid Stock analysis

When running Avangrid's price analysis, check to measure Avangrid'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 Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.

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Is Avangrid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avangrid. If investors know Avangrid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avangrid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.44

Dividend Share

1.76

Earnings Share

2.31

Revenue Per Share

21.352

Quarterly Revenue Growth

(0.02)

The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avangrid's market value can be influenced by many factors that don't directly affect Avangrid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid's 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.

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Avangrid Net Debt vs Non Current Liabilities Total Analysis

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Liabilities Total

Avangrid fundamental ratios Correlations

Avangrid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avangrid fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Avangrid Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Other Stockholder Equity	- 0.9	Common Stock Total Equity
Common Stock	- 0.89	Other Stockholder Equity
Common Stock	- 0.88	Retained Earnings
Common Stock Total Equity	- 0.88	Retained Earnings
Common Stock	- 0.88	Total Stockholder Equity
Common Stock Total Equity	- 0.88	Total Stockholder Equity