| AVNW Stock | | | USD 30.77 0.38 1.22% |
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 Stockholder Equity and its Cash 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 closely tied 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 Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aviat Networks Total Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Aviat Networks' Total Stockholder Equity and Cash is 0.24. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Stockholder Equity and Cash 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 Stockholder Equity of Aviat Networks are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Aviat Networks' Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Cash
Cash refers to the most liquid asset of Aviat Networks, which is listed under current asset account on Aviat Networks balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aviat Networks customers. The amounts must be unrestricted with restricted cash listed in a different Aviat Networks account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 closely tied 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.
Aviat Networks fundamental ratios Correlations
Click cells to compare fundamentals
Aviat Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aviat Networks fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for Aviat Stock Analysis
When running Aviat Networks' price analysis, check to
measure Aviat Networks' 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 Aviat Networks is operating at the current time. Most of Aviat Networks' value examination focuses on studying past and present price action to
predict the probability of Aviat Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aviat Networks' price. Additionally, you may evaluate how the addition of Aviat Networks to your portfolios can decrease your overall portfolio volatility.