Aveanna Other Current Assets vs Short Long Term Debt Total Analysis

AVAH Stock  USD 2.92  0.01  0.34%   
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 Other Current Assets and its Short Long Term Debt Total 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.

Other Current Assets vs Short Long Term Debt Total

Other Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aveanna Healthcare Other Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aveanna Healthcare's Other Current Assets and Short Long Term Debt Total is 0.84. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Long Term Debt Total 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 Other Current Assets and Short Long Term Debt 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 Other Current Assets of Aveanna Healthcare Holdings are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Current Assets i.e., Aveanna Healthcare's Other Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Long Term Debt Total

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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Aveanna Stock analysis

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.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
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.