American Accounts Payable vs Intangible Assets Analysis

AVD Stock  USD 8.76  0.02  0.23%   
American Vanguard financial indicator trend analysis is way more than just evaluating American Vanguard prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Vanguard is a good investment. Please check the relationship between American Vanguard Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Vanguard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade American Stock refer to our How to Trade American Stock guide.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Vanguard Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between American Vanguard's Accounts Payable and Intangible Assets is 0.89. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of American Vanguard, assuming nothing else is changed. The correlation between historical values of American Vanguard's Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of American Vanguard are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., American Vanguard's Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents American Vanguard 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 American Vanguard 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from American Vanguard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Vanguard 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 American Vanguard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade American Stock refer to our How to Trade American Stock guide.At present, American Vanguard's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit213.2M241.4M165.9M91.3M
Total Revenue556.9M609.6M579.4M608.3M

American Vanguard fundamental ratios Correlations

0.830.730.920.970.950.790.99-0.020.99-0.02-0.020.980.720.840.950.120.470.980.780.99-0.050.90.910.740.72
0.830.610.630.740.730.980.77-0.140.81-0.08-0.140.850.440.990.83-0.090.260.880.770.84-0.160.70.720.530.49
0.730.610.730.660.80.570.70.010.65-0.120.010.730.420.610.760.210.170.750.680.78-0.660.490.590.490.46
0.920.630.730.850.960.570.910.130.9-0.270.130.930.550.620.820.020.270.920.780.9-0.070.790.90.590.57
0.970.740.660.850.90.70.99-0.010.970.16-0.010.920.850.750.920.260.650.90.640.950.040.940.860.830.83
0.950.730.80.960.90.680.950.060.93-0.160.060.950.60.730.890.090.340.950.830.95-0.140.790.840.650.63
0.790.980.570.570.70.680.73-0.350.770.0-0.350.810.380.980.83-0.090.250.830.740.8-0.170.650.680.450.41
0.990.770.70.910.990.950.73-0.020.980.05-0.020.960.770.770.940.180.520.950.740.980.00.910.890.780.76
-0.02-0.140.010.13-0.010.06-0.35-0.02-0.01-0.321.0-0.040.2-0.21-0.210.030.05-0.02-0.08-0.030.110.10.020.260.28
0.990.810.650.90.970.930.770.98-0.01-0.05-0.010.960.720.810.890.060.540.950.720.940.020.950.930.730.71
-0.02-0.08-0.12-0.270.16-0.160.00.05-0.32-0.05-0.32-0.150.470.010.150.730.55-0.16-0.310.010.220.04-0.170.370.42
-0.02-0.140.010.13-0.010.06-0.35-0.021.0-0.01-0.32-0.040.2-0.21-0.210.030.05-0.02-0.08-0.030.110.10.020.260.28
0.980.850.730.930.920.950.810.96-0.040.96-0.15-0.040.60.840.92-0.010.340.990.830.97-0.070.860.920.650.62
0.720.440.420.550.850.60.380.770.20.720.470.20.60.460.670.540.870.570.220.690.170.830.590.930.97
0.840.990.610.620.750.730.980.77-0.210.810.01-0.210.840.460.86-0.020.280.870.770.85-0.150.70.710.550.51
0.950.830.760.820.920.890.830.94-0.210.890.15-0.210.920.670.860.250.390.930.790.97-0.150.770.780.710.69
0.12-0.090.210.020.260.09-0.090.180.030.060.730.03-0.010.54-0.020.250.490.0-0.210.18-0.10.11-0.070.450.5
0.470.260.170.270.650.340.250.520.050.540.550.050.340.870.280.390.490.3-0.110.40.20.710.420.730.79
0.980.880.750.920.90.950.830.95-0.020.95-0.16-0.020.990.570.870.930.00.30.860.97-0.120.830.90.640.6
0.780.770.680.780.640.830.740.74-0.080.72-0.31-0.080.830.220.770.79-0.21-0.110.860.81-0.130.50.660.370.3
0.990.840.780.90.950.950.80.98-0.030.940.01-0.030.970.690.850.970.180.40.970.81-0.110.840.860.740.72
-0.05-0.16-0.66-0.070.04-0.14-0.170.00.110.020.220.11-0.070.17-0.15-0.15-0.10.2-0.12-0.13-0.110.140.010.110.13
0.90.70.490.790.940.790.650.910.10.950.040.10.860.830.70.770.110.710.830.50.840.140.890.780.79
0.910.720.590.90.860.840.680.890.020.93-0.170.020.920.590.710.78-0.070.420.90.660.860.010.890.590.57
0.740.530.490.590.830.650.450.780.260.730.370.260.650.930.550.710.450.730.640.370.740.110.780.590.99
0.720.490.460.570.830.630.410.760.280.710.420.280.620.970.510.690.50.790.60.30.720.130.790.570.99
Click cells to compare fundamentals

American Vanguard Account Relationship Matchups

American Vanguard fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets670.1M667.2M694.2M726.3M799.4M839.4M
Short Long Term Debt Total160.2M119.8M78.1M76.2M162.1M170.2M
Other Current Liab62.0M64.9M87.8M81.7M90.0M94.5M
Total Current Liabilities138.6M161.0M223.1M266.6M230.5M242.0M
Total Stockholder Equity344.2M360.7M372.7M370.0M370.0M388.5M
Property Plant And Equipment Net67.8M77.6M91.5M95.2M97.0M101.8M
Net Debt153.6M103.9M61.8M55.9M150.7M158.2M
Retained Earnings274.1M288.2M304.4M328.7M332.9M349.5M
Cash6.6M15.9M16.3M20.3M11.4M6.1M
Non Current Assets Total333.9M345.8M352.2M337.7M367.4M385.7M
Non Currrent Assets Other21.2M18.6M13.4M7.9M9.1M9.7M
Cash And Short Term Investments6.6M15.9M16.3M20.3M11.4M6.1M
Net Receivables155.8M130.6M158.9M168.2M194.8M204.5M
Common Stock Shares Outstanding29.7M30.0M30.4M29.9M28.5M28.3M
Liabilities And Stockholders Equity670.1M667.2M694.2M726.3M799.4M839.4M
Non Current Liabilities Total187.3M145.5M98.4M89.7M198.9M208.8M
Inventory163.3M163.8M154.3M184.2M219.6M230.5M
Other Current Assets10.5M11.1M12.5M15.9M6.3M5.7M
Other Stockholder Equity72.4M78.5M78.7M50.0M39.6M35.2M
Total Liab325.9M306.4M321.4M356.3M429.4M450.8M
Property Plant And Equipment Gross67.8M77.6M91.5M95.2M217.6M228.5M
Total Current Assets336.2M321.4M342M388.6M432.0M453.6M
Accumulated Other Comprehensive Income(5.7M)(9.3M)(13.8M)(12.2M)(6.0M)(6.3M)
Short Term Debt4.9M4.2M5.1M5.3M6.1M8.7M
Intangible Assets198.4M197.5M197.8M184.7M172.5M181.1M
Accounts Payable64.9M59.3M67.1M69M68.8M72.3M
Common Stock Total Equity3.3M3.4M3.4M3.4M4.0M2.7M
Common Stock3.3M3.4M3.4M3.4M3.5M2.7M
Other Liab32.0M29.9M25.3M18.8M21.6M13.3M
Other Assets21.2M700.5M28.8M10.9M1.00.95
Long Term Debt148.8M107.4M52.2M51.5M138.9M145.8M
Property Plant Equipment56.5M77.6M91.5M70.9M81.5M47.8M
Current Deferred Revenue6.8M32.7M63.1M110.6M65.6M68.8M
Net Tangible Assets99.2M111.1M128.6M138.3M159.1M136.7M
Good Will46.6M52.1M46.3M47.0M51.2M53.8M
Retained Earnings Total Equity274.1M288.2M304.4M328.7M378.1M266.5M
Capital Surpluse90.6M96.6M101.5M105.6M121.5M84.3M

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When determining whether American Vanguard is a strong investment it is important to analyze American Vanguard'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 American Vanguard's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Vanguard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade American Stock refer to our How to Trade American Stock guide.
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Is American Vanguard'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 American Vanguard. If investors know American 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 American Vanguard 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
(0.18)
Dividend Share
0.12
Earnings Share
0.25
Revenue Per Share
21.06
Quarterly Revenue Growth
0.082
The market value of American Vanguard is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Vanguard's value that differs from its market value or its book value, called intrinsic value, which is American Vanguard'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 American Vanguard's market value can be influenced by many factors that don't directly affect American Vanguard'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 American Vanguard's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Vanguard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Vanguard'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.