Avadel Retained Earnings vs Short Term Investments Analysis
AVDL Stock | USD 18.31 0.15 0.83% |
Avadel Pharmaceuticals financial indicator trend analysis is way more than just evaluating Avadel Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avadel Pharmaceuticals is a good investment. Please check the relationship between Avadel Pharmaceuticals Retained Earnings and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avadel Pharmaceuticals PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Retained Earnings vs Short Term Investments
Retained Earnings vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avadel Pharmaceuticals Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Avadel Pharmaceuticals' Retained Earnings and Short Term Investments is -0.05. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Avadel Pharmaceuticals PLC, assuming nothing else is changed. The correlation between historical values of Avadel Pharmaceuticals' Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Avadel Pharmaceuticals PLC are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Avadel Pharmaceuticals' Retained Earnings and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Short Term Investments
Short Term Investments is an item under the current assets section of Avadel Pharmaceuticals balance sheet. It contains any investments Avadel Pharmaceuticals PLC undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Avadel Pharmaceuticals can easily liquidate in the marketplace.Most indicators from Avadel Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avadel Pharmaceuticals 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 Avadel Pharmaceuticals PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. At this time, Avadel Pharmaceuticals' Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 153.4 M this year, although the value of Discontinued Operations will most likely fall to about 4.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.9M | 12.3M | 9.9M | 10.4M | Depreciation And Amortization | 979K | 4.8M | 1.8M | 1.7M |
Avadel Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Avadel Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avadel Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 151.4M | 311.6M | 247.3M | 132.8M | 261.1M | 138.0M | |
Short Long Term Debt Total | 124.7M | 130.5M | 145.0M | 131.0M | 35.4M | 38.3M | |
Other Current Liab | 3.9M | 5.2M | 5.3M | 9.3M | 24.5M | 15.3M | |
Total Current Liabilities | 36.0M | 15.1M | 21M | 55.8M | 36.9M | 29.7M | |
Total Stockholder Equity | (29.2M) | 162.3M | 78.2M | (21.1M) | 87.7M | 47.1M | |
Property Plant And Equipment Net | 4.2M | 3.0M | 2.9M | 2.6M | 3.2M | 3.0M | |
Net Debt | 114.9M | 58.8M | 94.3M | 57.0M | 4.2M | 4.0M | |
Retained Earnings | (391.2M) | (384.2M) | (447.8M) | (585.2M) | (745.5M) | (708.2M) | |
Accounts Payable | 6.1M | 2.9M | 7.7M | 7.9M | 11.4M | 6.3M | |
Cash | 9.8M | 71.7M | 50.7M | 74.0M | 31.2M | 28.3M | |
Non Current Assets Total | 69.1M | 48.2M | 54.8M | 31.9M | 126.9M | 133.3M | |
Non Currrent Assets Other | 39.3M | 24.9M | 33.8M | (60.0M) | 10.2M | 7.4M | |
Cash And Short Term Investments | 64.2M | 221.4M | 157.2M | 96.5M | 105.1M | 72.6M | |
Net Receivables | 10.4M | 3.3M | 2.4M | 2.2M | 13.4M | 9.7M | |
Common Stock Shares Outstanding | 37.4M | 54.9M | 58.5M | 60.1M | 80.2M | 84.2M | |
Liabilities And Stockholders Equity | 151.4M | 311.6M | 247.3M | 132.8M | 261.1M | 138.0M | |
Non Current Liabilities Total | 144.7M | 134.3M | 148.0M | 98.1M | 136.5M | 143.4M | |
Inventory | 6.2M | 4.8M | 3.6M | 0.0 | 10.4M | 10.9M | |
Other Current Assets | 4.3M | 38.7M | 32.8M | 2.1M | 5.3M | 5.6M | |
Other Stockholder Equity | 384.4M | 566.9M | 549.3M | 589.8M | 855.5M | 898.2M | |
Total Liab | 180.6M | 149.4M | 169.0M | 153.9M | 173.4M | 90.9M | |
Property Plant And Equipment Gross | 10.6M | 8.2M | 2.9M | 2.6M | 14.0M | 12.4M | |
Total Current Assets | 82.4M | 263.5M | 192.5M | 100.8M | 134.2M | 91.1M | |
Accumulated Other Comprehensive Income | (22.8M) | (21.1M) | (23.9M) | (26.3M) | (23.2M) | (22.0M) | |
Short Term Debt | 645K | 474K | 900K | 38.6M | 934K | 887.3K | |
Common Stock Total Equity | 427K | 429K | 583K | 586K | 527.4K | 501.0K | |
Common Stock | 429K | 583K | 586K | 628K | 898K | 853.1K | |
Other Liab | 20.6M | 4.2M | 3.9M | 5.7M | 6.6M | 6.3M | |
Current Deferred Revenue | 114K | 25.4M | 6.5M | 7.2M | 8.2M | 4.2M | |
Other Assets | 39.2M | 28.4M | 35.0M | 12.6M | 14.4M | 10.2M | |
Long Term Debt | 121.7M | 128.2M | 142.4M | 91.6M | 105.4M | 110.6M | |
Property Plant Equipment | 544K | 359K | 285K | 2.6M | 2.3M | 2.2M | |
Short Term Investments | 54.4M | 149.7M | 106.5M | 22.5M | 73.9M | 64.8M | |
Net Tangible Assets | (48.5M) | 145.4M | 61.4M | (38.0M) | (43.7M) | (41.5M) | |
Retained Earnings Total Equity | (358.0M) | (391.2M) | (384.2M) | (447.8M) | (403.0M) | (423.1M) | |
Long Term Debt Total | 115.7M | 121.7M | 128.2M | 142.4M | 163.8M | 171.9M | |
Capital Surpluse | 433.8M | 434.4M | 566.9M | 549.3M | 631.8M | 491.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avadel Pharmaceuticals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avadel Pharmaceuticals' short interest history, or implied volatility extrapolated from Avadel Pharmaceuticals options trading.
Pair Trading with Avadel Pharmaceuticals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avadel Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avadel Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Moving together with Avadel Stock
0.61 | DXR | Daxor | PairCorr |
Moving against Avadel Stock
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The ability to find closely correlated positions to Avadel Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avadel Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avadel Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avadel Pharmaceuticals PLC to buy it.
The correlation of Avadel Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avadel Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avadel Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avadel Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avadel Pharmaceuticals PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Avadel Pharmaceuticals information on this page should be used as a complementary analysis to other Avadel Pharmaceuticals' 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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Is Avadel Pharmaceuticals' 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 Avadel Pharmaceuticals. If investors know Avadel 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 Avadel Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.00) | Revenue Per Share 0.349 | Quarterly Revenue Growth (1.00) | Return On Assets (0.58) | Return On Equity (4.81) |
The market value of Avadel Pharmaceuticals is measured differently than its book value, which is the value of Avadel that is recorded on the company's balance sheet. Investors also form their own opinion of Avadel Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Avadel Pharmaceuticals' 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 Avadel Pharmaceuticals' market value can be influenced by many factors that don't directly affect Avadel Pharmaceuticals' 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 Avadel Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avadel Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avadel Pharmaceuticals' 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.