Aviat Total Current Assets vs Non Currrent Assets Other Analysis

AVNW Stock  USD 30.91  0.02  0.06%   
Aviat Networks financial indicator trend analysis is way more than just evaluating Aviat Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aviat Networks is a good investment. Please check the relationship between Aviat Networks Total Current Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aviat Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Aviat Stock please use our How to Invest in Aviat Networks guide.

Total Current Assets vs Non Currrent Assets Other

Total Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aviat Networks Total Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aviat Networks' Total Current Assets and Non Currrent Assets Other is -0.13. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Aviat Networks, assuming nothing else is changed. The correlation between historical values of Aviat Networks' Total Current Assets and Non Currrent Assets Other 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 Current Assets of Aviat Networks are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., Aviat Networks' Total Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Aviat Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aviat Networks 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 Aviat Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Aviat Stock please use our How to Invest in Aviat Networks guide.At this time, Aviat Networks' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 10.9 M in 2024, whereas Discontinued Operations is likely to drop slightly above 415.7 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit109.2M124.2M142.8M101.0M
Total Revenue303.0M346.6M398.6M354.2M

Aviat Networks fundamental ratios Correlations

-0.720.430.810.95-0.2-0.38-0.060.870.290.760.270.890.30.60.650.310.720.460.82-0.20.89-0.880.24-0.280.18
-0.720.04-0.38-0.730.380.010.28-0.550.13-0.840.13-0.710.14-0.78-0.560.23-0.16-0.55-0.410.38-0.440.880.170.34-0.33
0.430.040.720.30.62-0.87-0.230.390.88-0.190.840.180.890.040.60.770.750.260.740.620.75-0.220.8-0.36-0.52
0.81-0.380.720.640.29-0.6-0.260.890.560.290.510.760.590.430.620.580.890.521.00.290.95-0.560.64-0.48-0.28
0.95-0.730.30.64-0.29-0.350.00.730.240.840.250.820.220.560.550.20.570.40.65-0.290.76-0.890.11-0.140.23
-0.20.380.620.29-0.29-0.6-0.37-0.050.64-0.630.63-0.160.68-0.230.280.390.120.160.311.00.150.410.79-0.31-0.78
-0.380.01-0.87-0.6-0.35-0.60.47-0.27-0.990.12-0.98-0.17-0.76-0.22-0.59-0.49-0.54-0.49-0.63-0.6-0.630.24-0.650.460.66
-0.060.28-0.23-0.260.0-0.370.47-0.06-0.420.06-0.42-0.11-0.02-0.67-0.490.3-0.03-0.88-0.3-0.37-0.120.21-0.10.820.57
0.87-0.550.390.890.73-0.05-0.27-0.060.220.530.170.930.330.50.470.360.750.440.87-0.050.87-0.630.36-0.330.12
0.290.130.880.560.240.64-0.99-0.420.22-0.230.990.080.770.110.510.540.540.410.580.640.58-0.120.67-0.41-0.68
0.76-0.84-0.190.290.84-0.630.120.060.53-0.23-0.230.73-0.270.660.36-0.260.190.340.31-0.630.39-0.86-0.34-0.070.55
0.270.130.840.510.250.63-0.98-0.420.170.99-0.230.060.760.090.490.510.490.40.540.630.54-0.110.65-0.34-0.7
0.89-0.710.180.760.82-0.16-0.17-0.110.930.080.730.060.140.650.50.080.540.530.76-0.160.75-0.720.17-0.30.21
0.30.140.890.590.220.68-0.76-0.020.330.77-0.270.760.14-0.20.380.790.590.040.590.680.62-0.040.81-0.11-0.43
0.6-0.780.040.430.56-0.23-0.22-0.670.50.110.660.090.65-0.20.6-0.410.20.90.47-0.230.4-0.74-0.21-0.680.06
0.65-0.560.60.620.550.28-0.59-0.490.470.510.360.490.50.380.60.130.440.60.680.280.67-0.610.4-0.55-0.2
0.310.230.770.580.20.39-0.490.30.360.54-0.260.510.080.79-0.410.130.75-0.250.550.390.62-0.040.770.11-0.31
0.72-0.160.750.890.570.12-0.54-0.030.750.540.190.490.540.590.20.440.750.260.870.120.89-0.50.56-0.29-0.16
0.46-0.550.260.520.40.16-0.49-0.880.440.410.340.40.530.040.90.6-0.250.260.560.160.42-0.540.08-0.81-0.36
0.82-0.410.741.00.650.31-0.63-0.30.870.580.310.540.760.590.470.680.550.870.560.310.95-0.580.65-0.5-0.29
-0.20.380.620.29-0.291.0-0.6-0.37-0.050.64-0.630.63-0.160.68-0.230.280.390.120.160.310.150.410.79-0.31-0.78
0.89-0.440.750.950.760.15-0.63-0.120.870.580.390.540.750.620.40.670.620.890.420.950.15-0.650.57-0.35-0.13
-0.880.88-0.22-0.56-0.890.410.240.21-0.63-0.12-0.86-0.11-0.72-0.04-0.74-0.61-0.04-0.5-0.54-0.580.41-0.650.060.32-0.26
0.240.170.80.640.110.79-0.65-0.10.360.67-0.340.650.170.81-0.210.40.770.560.080.650.790.570.06-0.17-0.6
-0.280.34-0.36-0.48-0.14-0.310.460.82-0.33-0.41-0.07-0.34-0.3-0.11-0.68-0.550.11-0.29-0.81-0.5-0.31-0.350.32-0.170.38
0.18-0.33-0.52-0.280.23-0.780.660.570.12-0.680.55-0.70.21-0.430.06-0.2-0.31-0.16-0.36-0.29-0.78-0.13-0.26-0.60.38
Click cells to compare fundamentals

Aviat Networks Account Relationship Matchups

Aviat Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets179.8M297.7M323.9M364.5M419.2M332.0M
Short Long Term Debt Total12.7M4.0M2.9M2.8M2.5M2.4M
Other Current Liab29.7M30.9M27.8M25.0M28.8M36.3M
Total Current Liabilities94.0M96.4M104.5M130.1M149.6M115.1M
Total Stockholder Equity68.7M183.3M201.8M220.1M198.1M145.1M
Property Plant And Equipment Net20.4M15.5M11.6M12.0M10.8M10.3M
Net Debt(28.9M)(44.0M)(34.0M)(19.5M)(17.5M)(18.4M)
Retained Earnings(730.7M)(620.6M)(599.4M)(587.9M)(529.1M)(555.6M)
Accounts Payable32.0M32.4M42.4M60.1M69.2M46.7M
Cash41.6M47.9M36.9M22.2M25.6M24.3M
Non Current Assets Total39.9M127.4M117.5M126.8M145.8M92.7M
Cash And Short Term Investments41.6M47.9M47.8M22.2M20.0M19.0M
Net Receivables72.7M85.7M119.0M160.2M184.3M96.0M
Common Stock Shares Outstanding10.9M11.7M11.8M11.9M13.6M11.5M
Liabilities And Stockholders Equity179.8M297.7M323.9M364.5M419.2M332.0M
Non Current Liabilities Total17.2M17.9M17.7M14.3M16.5M20.8M
Inventory15.2M24.9M27.2M33.1M29.8M40.0M
Other Current Assets10.4M9.6M12.4M22.2M25.5M21.4M
Other Stockholder Equity814.3M818.2M817.1M823.9M947.5M660.5M
Total Liab111.1M114.3M122.2M144.4M166.1M132.5M
Property Plant And Equipment Gross20.4M15.5M11.6M12.0M10.8M10.3M
Total Current Assets140.0M170.2M206.4M237.7M273.4M239.4M
Accumulated Other Comprehensive Income(15.0M)(14.3M)(16.0M)(16.0M)(18.4M)(19.3M)
Short Term Debt10.4M769K513K610K549K521.6K
Non Currrent Assets Other6.7M8.4M10.4M13.7M15.8M16.5M
Other Liab14.8M14.7M15.3M12.2M14.0M14.4M
Other Assets19.5M111.9M105.9M100.6M115.7M121.5M
Property Plant Equipment20.4M15.5M11.6M9.5M8.5M8.1M
Current Deferred Revenue21.9M32.3M33.7M44.3M39.8M26.8M
Net Tangible Assets68.7M183.3M201.8M205.9M236.8M127.9M

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When determining whether Aviat Networks is a strong investment it is important to analyze Aviat Networks' 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 Aviat Networks' future performance. For an informed investment choice regarding Aviat Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aviat Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Aviat Stock please use our How to Invest in Aviat Networks guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is Aviat Networks' 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 Aviat Networks. If investors know Aviat 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 Aviat Networks 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
(0.34)
Earnings Share
1.12
Revenue Per Share
32.383
Quarterly Revenue Growth
0.337
Return On Assets
0.0468
The market value of Aviat Networks is measured differently than its book value, which is the value of Aviat that is recorded on the company's balance sheet. Investors also form their own opinion of Aviat Networks' value that differs from its market value or its book value, called intrinsic value, which is Aviat Networks' 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 Aviat Networks' market value can be influenced by many factors that don't directly affect Aviat Networks' 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 Aviat Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aviat Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aviat Networks' 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.