Avantor Other Liab vs Retained Earnings Analysis

AVTR Stock

USD 25.11 0.82 3.38%

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 Other Liab and its Retained Earnings 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.

Other Liab vs Retained Earnings

Other Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avantor Other Liab account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.

The correlation between Avantor's Other Liab and Retained Earnings is 0.34. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Avantor, assuming nothing else is changed. The correlation between historical values of Avantor's Other Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Avantor are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Liab i.e., Avantor's Other Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Liab

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 05/15/2024, 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

Pair Trading with Avantor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avantor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avantor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avantor Stock

0.71

Agilent Technologies Financial Report 28th of May 2024

Pair Corr

Moving against Avantor Stock

0.66	ME	23Andme Holding	Pair Corr
0.65	KA	Kineta Inc	Pair Corr
0.58	SABSW	SAB Biotherapeutics	Pair Corr
0.56	DMTK	DermTech	Pair Corr
0.41	VCYT	Veracyte	Pair Corr

The ability to find closely correlated positions to Avantor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avantor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avantor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avantor to buy it.

The correlation of Avantor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avantor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avantor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avantor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Avantor is a strong investment it is important to analyze Avantor's 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 Avantor's future performance. For an informed investment choice regarding Avantor Stock, refer to the following important reports:

How To Invest In Avantor

Details

Is Avantor Stock a good investment?

Details

What is Avantor's Net Worth?

Details

Largest Life Sciences Tools & Services Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

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.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary 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.

	Bonds Directory Find actively traded corporate debentures issued by US companies
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Transaction History View history of all your transactions and understand their impact on performance
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Global Correlations Find global opportunities by holding instruments from different markets
	Volatility Analysis Get historical volatility and risk analysis based on latest market data

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.

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 Other Liab vs Retained Earnings Analysis

Other Liab vs Retained Earnings

Other Liab vs Retained Earnings Correlation Analysis

Correlation Coefficient

Other Liab

Retained Earnings

Avantor fundamental ratios Correlations

Avantor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avantor fundamental ratios Accounts

Pair Trading with Avantor

Moving together with Avantor Stock

Moving against Avantor Stock

Complementary 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