AvidXchange Total Cash From Operating Activities vs Total Assets Analysis
| AVDX Stock | USD 11.29 0.01 0.09% |
AvidXchange Holdings financial indicator trend analysis is way more than just evaluating AvidXchange Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AvidXchange Holdings is a good investment. Please check the relationship between AvidXchange Holdings Total Cash From Operating Activities and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange 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 unemployment. For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.
Total Cash From Operating Activities vs Total Assets
Total Cash From Operating Activities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvidXchange Holdings Total Cash From Operating Activities account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AvidXchange Holdings' Total Cash From Operating Activities and Total Assets is -0.22. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Assets in the same time period over historical financial statements of AvidXchange Holdings, assuming nothing else is changed. The correlation between historical values of AvidXchange Holdings' Total Cash From Operating Activities and Total 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 Total Cash From Operating Activities of AvidXchange Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Cash From Operating Activities i.e., AvidXchange Holdings' Total Cash From Operating Activities and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.22 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Cash From Operating Activities
Total Assets
Total assets refers to the total amount of AvidXchange Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AvidXchange Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from AvidXchange Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AvidXchange Holdings 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 AvidXchange 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 unemployment. For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.At this time, AvidXchange Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.35 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 148.3M | 198.5M | 223.5M | 165.2M | Total Revenue | 248.4M | 316.4M | 380.7M | 281.8M |
AvidXchange Holdings fundamental ratios Correlations
Click cells to compare fundamentals
AvidXchange Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AvidXchange Holdings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 99.7M | 213.1M | 1.3B | 1.4B | 1.7B | 1.8B | |
| Net Tangible Assets | (571.6M) | (689.2M) | 456.7M | 392.8M | 451.7M | 474.3M | |
| Retained Earnings | (423.6M) | (672.3M) | (871.9M) | (974.8M) | (1.0B) | (971.1M) | |
| Accounts Payable | 10.9M | 25.4M | 17.1M | 13.5M | 16.8M | 10.6M | |
| Total Current Assets | 308.3M | 432.3M | 1.9B | 1.8B | 2.1B | 2.2B | |
| Common Stock | 44.0K | 50.1K | 197K | 199K | 204K | 214.2K | |
| Other Current Liab | 82.9M | 178.1M | 1.3B | 1.4B | 1.6B | 1.7B | |
| Other Liab | 10.4M | 16.6M | 26.4M | 20.9M | 24.0M | 25.2M | |
| Other Assets | 23.6M | 26.0M | 32.5M | 33.5M | 1.0 | 0.95 | |
| Other Stockholder Equity | 11.8M | 161.1M | 1.6B | 1.6B | 1.7B | 931.0M | |
| Property Plant Equipment | 82.1M | 90.0M | 109.5M | 103.9M | 119.5M | 84.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AvidXchange Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AvidXchange Holdings' 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 Avidxchange Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidxchange Holdings Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange 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 unemployment. For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.Note that the AvidXchange Holdings information on this page should be used as a complementary analysis to other AvidXchange Holdings' 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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Is AvidXchange Holdings' 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 AvidXchange Holdings. If investors know AvidXchange 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 AvidXchange Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 1.967 | Quarterly Revenue Growth 0.216 | Return On Assets (0.01) | Return On Equity (0.05) |
The market value of AvidXchange Holdings is measured differently than its book value, which is the value of AvidXchange that is recorded on the company's balance sheet. Investors also form their own opinion of AvidXchange Holdings' value that differs from its market value or its book value, called intrinsic value, which is AvidXchange Holdings' 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 AvidXchange Holdings' market value can be influenced by many factors that don't directly affect AvidXchange Holdings' 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 AvidXchange Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if AvidXchange Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AvidXchange Holdings' 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.