Avantor Inventory vs Intangible Assets Analysis
AVTR Stock | USD 24.90 0.03 0.12% |
Avantor financial indicator trend analysis is way more than just evaluating Avantor prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avantor is a good investment. Please check the relationship between Avantor Inventory and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Avantor Stock, please use our How to Invest in Avantor guide.
Inventory vs Intangible Assets
Inventory vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avantor Inventory account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Avantor's Inventory and Intangible Assets is 0.97. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Avantor, assuming nothing else is changed. The correlation between historical values of Avantor's Inventory 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 Inventory of Avantor 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 Inventory i.e., Avantor's Inventory and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Avantor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avantor 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 Avantor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Avantor Stock, please use our How to Invest in Avantor guide.At this time, Avantor's Tax Provision is relatively stable compared to the past year. As of 05/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Selling General Administrative is likely to drop slightly above 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.5B | 2.6B | 2.4B | 1.7B | Total Revenue | 7.4B | 4.9B | 7.0B | 4.9B |
Avantor fundamental ratios Correlations
Click cells to compare fundamentals
Avantor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avantor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.8B | 9.9B | 13.9B | 13.5B | 13.0B | 11.2B | |
Other Current Liab | 232.3M | 313.6M | 401M | (195M) | 411.2M | 216.9M | |
Total Current Liabilities | 1.1B | 1.2B | 1.5B | 1.7B | 1.5B | 1.3B | |
Total Stockholder Equity | 2.5B | 2.7B | 4.2B | 4.9B | 5.3B | 5.5B | |
Other Liab | 1.1B | 1.0B | 1.3B | 940.2M | 1.1B | 1.1B | |
Net Tangible Assets | (5.5B) | (5.2B) | (7.3B) | (4.9B) | (4.4B) | (4.7B) | |
Retained Earnings | (203.7M) | (88.7M) | 483.9M | 1.2B | 1.5B | 1.6B | |
Accounts Payable | 560.2M | 678.9M | 755.1M | 758.2M | 625.9M | 622.3M | |
Cash | 186.7M | 286.6M | 301.7M | 372.9M | 262.9M | 253.5M | |
Other Assets | 72.9M | 219M | 233.1M | 174.8M | 201.0M | 139.5M | |
Long Term Debt | 5.0B | 4.9B | 7.0B | 5.9B | 5.3B | 5.9B | |
Net Receivables | 988.8M | 1.1B | 1.2B | 1.2B | 1.2B | 1.0B | |
Good Will | 2.8B | 2.9B | 5.3B | 5.7B | 5.7B | 3.9B | |
Common Stock Shares Outstanding | 401.2M | 583.4M | 599.6M | 679.4M | 678.4M | 608.6M | |
Inventory | 711.2M | 739.6M | 872M | 913.5M | 828.1M | 763.5M | |
Other Current Assets | 134.8M | 91.4M | 81.4M | 153.1M | 143.7M | 112.0M | |
Other Stockholder Equity | 196.9M | (2.7B) | 1.0B | (100.3M) | (115.3M) | (109.6M) | |
Total Liab | 7.3B | 7.2B | 9.7B | 8.6B | 7.7B | 9.4B | |
Short Long Term Debt | 93.5M | 26.4M | 45.2M | 364.2M | 259.9M | 145.0M | |
Total Current Assets | 2.0B | 2.2B | 2.5B | 2.7B | 2.4B | 2.2B | |
Short Term Debt | 93.5M | 26.4M | 45.2M | 364.2M | 259.9M | 145.0M | |
Intangible Assets | 4.2B | 4.0B | 5.1B | 4.1B | 3.8B | 4.3B | |
Common Stock | 1.7B | 1.7B | 2.8B | 3.8B | 3.8B | 4.0B | |
Property Plant Equipment | 689.3M | 549.9M | 705.5M | 727M | 836.1M | 650.2M | |
Short Long Term Debt Total | 5.1B | 4.9B | 7.0B | 6.3B | 5.5B | 4.9B | |
Property Plant And Equipment Net | 557M | 549.9M | 705.5M | 727M | 737.5M | 713.3M | |
Current Deferred Revenue | 188.5M | 223.8M | 249.5M | 731.4M | 183.3M | 323.1M | |
Net Debt | 4.9B | 4.6B | 6.7B | 5.9B | 5.3B | 4.7B | |
Non Current Assets Total | 7.8B | 7.7B | 11.4B | 10.8B | 10.6B | 10.2B | |
Non Currrent Assets Other | 205.2M | 216.7M | 233.1M | 293.5M | 358.3M | 232.9M | |
Cash And Short Term Investments | 186.7M | 286.6M | 301.7M | 372.9M | 262.9M | 279.9M | |
Common Stock Total Equity | 1.7B | 1.7B | 2.8B | 3.8B | 4.4B | 4.6B | |
Long Term Debt Total | 5.0B | 4.9B | 7.0B | 5.9B | 5.3B | 4.9B | |
Liabilities And Stockholders Equity | 9.8B | 9.9B | 13.9B | 13.5B | 13.0B | 12.6B | |
Non Current Liabilities Total | 6.2B | 6.0B | 8.2B | 7.0B | 6.2B | 6.6B | |
Net Invested Capital | 6.6B | 6.6B | 10.2B | 11.1B | 10.8B | 8.4B | |
Property Plant And Equipment Gross | 557M | 549M | 1.2B | 1.2B | 1.4B | 961.5M | |
Accumulated Other Comprehensive Income | (85.9M) | 21.7M | (43.2M) | (100.3M) | (69M) | (72.5M) | |
Non Current Liabilities Other | 428.2M | 398.1M | 358.4M | 295.4M | 350.3M | 281.3M | |
Net Working Capital | 947M | 988.2M | 1.0B | 999.1M | 904.6M | 1.0B |
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Is Avantor'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 Avantor. If investors know Avantor 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 Avantor 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 (0.51) | Earnings Share 0.38 | Revenue Per Share 10.151 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0388 |
The market value of Avantor is measured differently than its book value, which is the value of Avantor that is recorded on the company's balance sheet. Investors also form their own opinion of Avantor's value that differs from its market value or its book value, called intrinsic value, which is Avantor'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 Avantor's market value can be influenced by many factors that don't directly affect Avantor'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 Avantor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantor'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.