Avantor Net Borrowings vs Depreciation Analysis

AVTR Stock

USD 23.83 0.41 1.69%

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 Net Borrowings and its Depreciation 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 closely tied 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.

Net Borrowings vs Depreciation

Net Borrowings vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avantor Net Borrowings account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Avantor's Net Borrowings and Depreciation is -0.16. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Depreciation in the same time period over historical financial statements of Avantor, assuming nothing else is changed. The correlation between historical values of Avantor's Net Borrowings and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Avantor are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Borrowings i.e., Avantor's Net Borrowings and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Depreciation

Depreciation indicates how much of Avantor value has been used up. For tax purposes Avantor can deduct the cost of the tangible assets it purchases as business expenses. However, Avantor must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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 closely tied 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 06/07/2024, 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

Gross Profit Total Revenue

Avantor fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.53	0.99	0.62	0.95	-0.79	0.55	0.99	0.95	0.9	0.96	0.99	0.97	0.64	1.0	0.92	0.07	0.88	0.72	0.99	0.72	0.96	0.57	0.98	-0.59	0.12
Other Current Liab	0.53		0.48	0.32	0.61	-0.48	0.16	0.52	0.37	0.6	0.52	0.54	0.47	0.19	0.51	0.37	0.23	0.47	-0.04	0.51	-0.04	0.56	0.26	0.55	-0.46	-0.15
Total Current Liabilities	0.99	0.48		0.64	0.92	-0.76	0.57	0.99	0.97	0.91	0.94	0.99	0.97	0.67	1.0	0.94	0.07	0.86	0.76	1.0	0.76	0.95	0.6	0.98	-0.62	0.11
Total Stockholder Equity	0.62	0.32	0.64		0.39	-0.02	0.83	0.61	0.72	0.73	0.39	0.63	0.72	0.74	0.62	0.62	0.46	0.21	0.54	0.64	0.54	0.44	1.0	0.6	-0.7	0.39
Other Liab	0.95	0.61	0.92	0.39		-0.92	0.34	0.94	0.83	0.79	0.99	0.94	0.85	0.41	0.95	0.85	0.0	0.97	0.56	0.93	0.56	0.99	0.33	0.94	-0.54	-0.07
Net Tangible Assets	-0.79	-0.48	-0.76	-0.02	-0.92		-0.05	-0.79	-0.64	-0.58	-0.93	-0.78	-0.65	-0.2	-0.79	-0.68	0.24	-0.97	-0.44	-0.77	-0.44	-0.9	0.05	-0.78	0.24	0.18
Retained Earnings	0.55	0.16	0.57	0.83	0.34	-0.05		0.49	0.61	0.57	0.38	0.51	0.69	0.85	0.53	0.56	0.05	0.27	0.71	0.53	0.71	0.36	0.83	0.55	-0.48	0.73
Accounts Payable	0.99	0.52	0.99	0.61	0.94	-0.79	0.49		0.96	0.91	0.95	1.0	0.94	0.61	1.0	0.91	0.1	0.88	0.68	1.0	0.68	0.97	0.56	0.96	-0.63	0.02
Cash	0.95	0.37	0.97	0.72	0.83	-0.64	0.61	0.96		0.94	0.86	0.96	0.95	0.76	0.96	0.88	0.16	0.76	0.74	0.97	0.74	0.87	0.68	0.9	-0.61	0.16
Other Assets	0.9	0.6	0.91	0.73	0.79	-0.58	0.57	0.91	0.94		0.79	0.91	0.91	0.77	0.9	0.75	0.31	0.68	0.56	0.91	0.56	0.82	0.68	0.85	-0.59	0.16
Long Term Debt	0.96	0.52	0.94	0.39	0.99	-0.93	0.38	0.95	0.86	0.79		0.94	0.87	0.47	0.95	0.85	-0.07	0.98	0.62	0.94	0.62	0.99	0.33	0.94	-0.46	0.02
Net Receivables	0.99	0.54	0.99	0.63	0.94	-0.78	0.51	1.0	0.96	0.91	0.94		0.95	0.61	1.0	0.93	0.1	0.87	0.69	1.0	0.69	0.96	0.58	0.97	-0.66	0.02
Good Will	0.97	0.47	0.97	0.72	0.85	-0.65	0.69	0.94	0.95	0.91	0.87	0.95		0.77	0.96	0.9	0.09	0.78	0.8	0.96	0.8	0.87	0.68	0.95	-0.54	0.31
Common Stock Shares Outstanding	0.64	0.19	0.67	0.74	0.41	-0.2	0.85	0.61	0.76	0.77	0.47	0.61	0.77		0.62	0.55	0.05	0.37	0.7	0.63	0.7	0.45	0.73	0.58	-0.37	0.61
Inventory	1.0	0.51	1.0	0.62	0.95	-0.79	0.53	1.0	0.96	0.9	0.95	1.0	0.96	0.62		0.93	0.09	0.88	0.72	1.0	0.72	0.97	0.57	0.98	-0.63	0.06
Other Current Assets	0.92	0.37	0.94	0.62	0.85	-0.68	0.56	0.91	0.88	0.75	0.85	0.93	0.9	0.55	0.93		-0.04	0.79	0.84	0.94	0.84	0.87	0.58	0.95	-0.7	0.03
Other Stockholder Equity	0.07	0.23	0.07	0.46	0.0	0.24	0.05	0.1	0.16	0.31	-0.07	0.1	0.09	0.05	0.09	-0.04		-0.21	-0.22	0.09	-0.22	0.03	0.46	0.06	-0.3	-0.03
Total Liab	0.88	0.47	0.86	0.21	0.97	-0.97	0.27	0.88	0.76	0.68	0.98	0.87	0.78	0.37	0.88	0.79	-0.21		0.58	0.86	0.58	0.96	0.15	0.87	-0.38	-0.04
Short Long Term Debt	0.72	-0.04	0.76	0.54	0.56	-0.44	0.71	0.68	0.74	0.56	0.62	0.69	0.8	0.7	0.72	0.84	-0.22	0.58		0.72	1.0	0.59	0.53	0.75	-0.4	0.42
Total Current Assets	0.99	0.51	1.0	0.64	0.93	-0.77	0.53	1.0	0.97	0.91	0.94	1.0	0.96	0.63	1.0	0.94	0.09	0.86	0.72		0.72	0.96	0.59	0.97	-0.65	0.05
Short Term Debt	0.72	-0.04	0.76	0.54	0.56	-0.44	0.71	0.68	0.74	0.56	0.62	0.69	0.8	0.7	0.72	0.84	-0.22	0.58	1.0	0.72		0.59	0.53	0.75	-0.4	0.42
Intangible Assets	0.96	0.56	0.95	0.44	0.99	-0.9	0.36	0.97	0.87	0.82	0.99	0.96	0.87	0.45	0.97	0.87	0.03	0.96	0.59	0.96	0.59		0.38	0.95	-0.55	-0.06
Common Stock	0.57	0.26	0.6	1.0	0.33	0.05	0.83	0.56	0.68	0.68	0.33	0.58	0.68	0.73	0.57	0.58	0.46	0.15	0.53	0.59	0.53	0.38		0.55	-0.69	0.4
Property Plant Equipment	0.98	0.55	0.98	0.6	0.94	-0.78	0.55	0.96	0.9	0.85	0.94	0.97	0.95	0.58	0.98	0.95	0.06	0.87	0.75	0.97	0.75	0.95	0.55		-0.62	0.11
Short Long Term Debt Total	-0.59	-0.46	-0.62	-0.7	-0.54	0.24	-0.48	-0.63	-0.61	-0.59	-0.46	-0.66	-0.54	-0.37	-0.63	-0.7	-0.3	-0.38	-0.4	-0.65	-0.4	-0.55	-0.69	-0.62		0.23
Property Plant And Equipment Net	0.12	-0.15	0.11	0.39	-0.07	0.18	0.73	0.02	0.16	0.16	0.02	0.02	0.31	0.61	0.06	0.03	-0.03	-0.04	0.42	0.05	0.42	-0.06	0.4	0.11	0.23

Click cells to compare fundamentals

Avantor Account Relationship Matchups

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for Avantor Stock Analysis

When running Avantor's price analysis, check to measure Avantor's 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 Avantor is operating at the current time. Most of Avantor's value examination focuses on studying past and present price action to predict the probability of Avantor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avantor's price. Additionally, you may evaluate how the addition of Avantor to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Avantor Net Borrowings vs Depreciation Analysis

Net Borrowings vs Depreciation

Net Borrowings vs Depreciation Correlation Analysis

Correlation Coefficient

Net Borrowings

Depreciation

Avantor fundamental ratios Correlations

Avantor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avantor fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Avantor Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Assets
Inventory	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Accounts Payable
Inventory	+ 1.0	Accounts Payable

Total Liab	- 0.97	Net Tangible Assets
Long Term Debt	- 0.93	Net Tangible Assets
Net Tangible Assets	- 0.92	Other Liab
Intangible Assets	- 0.9	Net Tangible Assets
Inventory	- 0.79	Net Tangible Assets
Accounts Payable	- 0.79	Net Tangible Assets