Aveanna Non Current Assets Total vs Current Deferred Revenue Analysis

AVAH Stock  USD 2.91  0.25  9.40%   
Aveanna Healthcare financial indicator trend analysis is way more than just evaluating Aveanna Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aveanna Healthcare is a good investment. Please check the relationship between Aveanna Healthcare Non Current Assets Total and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aveanna Healthcare Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Current Deferred Revenue

Non Current Assets Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aveanna Healthcare Non Current Assets Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aveanna Healthcare's Non Current Assets Total and Current Deferred Revenue is 0.58. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Aveanna Healthcare Holdings, assuming nothing else is changed. The correlation between historical values of Aveanna Healthcare's Non Current Assets Total and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Aveanna Healthcare Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Current Assets Total i.e., Aveanna Healthcare's Non Current Assets Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Aveanna Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aveanna Healthcare 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 Aveanna Healthcare Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
As of now, Aveanna Healthcare's Enterprise Value Over EBITDA is increasing as compared to previous years. The Aveanna Healthcare's current Enterprise Value Multiple is estimated to increase to 29.05, while Tax Provision is projected to decrease to under 21.9 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization35.4M38.8M30.1M32.9M
Interest Income253K679K548K481.4K

Aveanna Healthcare fundamental ratios Correlations

0.80.61-0.75-0.72-0.11-0.30.710.390.410.730.61-0.210.330.74-0.43-0.38-0.610.690.460.160.060.820.46-0.010.69
0.80.73-0.91-0.84-0.02-0.360.910.610.720.830.85-0.140.540.95-0.35-0.52-0.470.920.470.370.430.950.470.190.95
0.610.73-0.73-0.620.27-0.040.470.650.680.970.780.420.390.77-0.35-0.53-0.590.610.930.160.230.880.930.050.61
-0.75-0.91-0.730.75-0.340.14-0.71-0.65-0.51-0.76-0.93-0.14-0.64-0.850.20.410.37-0.8-0.5-0.5-0.52-0.94-0.5-0.34-0.82
-0.72-0.84-0.620.750.140.73-0.85-0.8-0.79-0.68-0.790.12-0.04-0.950.770.820.79-0.97-0.30.130.02-0.81-0.30.31-0.91
-0.11-0.020.27-0.340.140.61-0.390.1-0.160.080.440.860.44-0.050.380.270.18-0.150.360.430.320.180.360.44-0.11
-0.3-0.36-0.040.140.730.61-0.64-0.53-0.56-0.14-0.20.50.53-0.550.870.780.66-0.660.260.60.42-0.220.260.7-0.56
0.710.910.47-0.71-0.85-0.39-0.640.550.710.630.62-0.50.290.88-0.48-0.6-0.450.930.150.170.280.760.150.00.94
0.390.610.65-0.65-0.80.1-0.530.550.590.620.70.24-0.030.78-0.63-0.91-0.640.740.4-0.160.120.670.4-0.240.63
0.410.720.68-0.51-0.79-0.16-0.560.710.590.710.680.00.080.84-0.64-0.67-0.640.810.45-0.120.010.690.45-0.270.83
0.730.830.97-0.76-0.680.08-0.140.630.620.710.750.190.430.84-0.37-0.55-0.590.70.860.210.270.920.860.070.7
0.610.850.78-0.93-0.790.44-0.20.620.70.680.750.340.490.86-0.34-0.48-0.490.810.550.320.350.910.550.160.83
-0.21-0.140.42-0.140.120.860.5-0.50.240.00.190.340.12-0.050.120.02-0.07-0.20.560.050.050.120.560.1-0.21
0.330.540.39-0.64-0.040.440.530.29-0.030.080.430.490.120.290.580.330.390.230.370.970.870.530.370.910.36
0.740.950.77-0.85-0.95-0.05-0.550.880.780.840.840.86-0.050.29-0.6-0.74-0.670.970.480.10.220.930.48-0.080.96
-0.43-0.35-0.350.20.770.380.87-0.48-0.63-0.64-0.37-0.340.120.58-0.60.850.93-0.62-0.140.730.61-0.36-0.140.84-0.5
-0.38-0.52-0.530.410.820.270.78-0.6-0.91-0.67-0.55-0.480.020.33-0.740.850.79-0.73-0.270.470.18-0.53-0.270.56-0.6
-0.61-0.47-0.590.370.790.180.66-0.45-0.64-0.64-0.59-0.49-0.070.39-0.670.930.79-0.62-0.440.580.54-0.56-0.440.72-0.52
0.690.920.61-0.8-0.97-0.15-0.660.930.740.810.70.81-0.20.230.97-0.62-0.73-0.620.270.070.20.850.27-0.110.98
0.460.470.93-0.5-0.30.360.260.150.40.450.860.550.560.370.48-0.14-0.27-0.440.270.170.170.671.00.110.28
0.160.370.16-0.50.130.430.60.17-0.16-0.120.210.320.050.970.10.730.470.580.070.170.910.340.170.980.2
0.060.430.23-0.520.020.320.420.280.120.010.270.350.050.870.220.610.180.540.20.170.910.370.170.910.28
0.820.950.88-0.94-0.810.18-0.220.760.670.690.920.910.120.530.93-0.36-0.53-0.560.850.670.340.370.670.170.86
0.460.470.93-0.5-0.30.360.260.150.40.450.860.550.560.370.48-0.14-0.27-0.440.271.00.170.170.670.110.28
-0.010.190.05-0.340.310.440.70.0-0.24-0.270.070.160.10.91-0.080.840.560.72-0.110.110.980.910.170.110.01
0.690.950.61-0.82-0.91-0.11-0.560.940.630.830.70.83-0.210.360.96-0.5-0.6-0.520.980.280.20.280.860.280.01
Click cells to compare fundamentals

Aveanna Healthcare Account Relationship Matchups

Aveanna Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.4M149.6M129.0M249.6M141.6M137.7M
Total Current Liabilities168.5M260.4M344.8M326.5M354.8M303.1M
Other Liab54.4M82.6M64.3M62.5M71.9M69.7M
Net Tangible Assets(1.0B)(1.1B)(1.3B)(1.3B)(1.1B)(1.2B)
Retained Earnings(400.6M)(457.6M)(574.7M)(1.2B)(1.4B)(1.3B)
Accounts Payable66.4M56.7M52.6M44.6M30.1M38.5M
Other Assets31.3M34.5M33.4M27.4M24.6M25.0M
Net Receivables164.3M180.9M225.3M225.6M245.8M226.0M
Other Current Assets8.6M11.3M9.2M9.8M25.1M13.0M
Total Current Assets186.3M340.6M279.2M269.8M314.9M294.4M
Common Stock1.4M1.4M1.8M1.9M1.9M1.6M
Property Plant Equipment80.5M78.9M31.4M22.8M20.5M38.5M

Currently Active Assets on Macroaxis

When determining whether Aveanna Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aveanna Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aveanna Healthcare Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aveanna Healthcare Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aveanna Healthcare Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Aveanna Healthcare information on this page should be used as a complementary analysis to other Aveanna Healthcare'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 CEOs Directory module to screen CEOs from public companies around the world.

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When running Aveanna Healthcare's price analysis, check to measure Aveanna Healthcare'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 Aveanna Healthcare is operating at the current time. Most of Aveanna Healthcare's value examination focuses on studying past and present price action to predict the probability of Aveanna Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aveanna Healthcare's price. Additionally, you may evaluate how the addition of Aveanna Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Aveanna Healthcare'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 Aveanna Healthcare. If investors know Aveanna 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 Aveanna Healthcare 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
12
Earnings Share
(0.60)
Revenue Per Share
10.062
Quarterly Revenue Growth
0.052
Return On Assets
0.0427
The market value of Aveanna Healthcare is measured differently than its book value, which is the value of Aveanna that is recorded on the company's balance sheet. Investors also form their own opinion of Aveanna Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Aveanna Healthcare'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 Aveanna Healthcare's market value can be influenced by many factors that don't directly affect Aveanna Healthcare'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 Aveanna Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aveanna Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aveanna Healthcare'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.