Avantor Total Current Liabilities vs Common Stock Shares Outstanding 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 Total Current Liabilities and its Common Stock Shares Outstanding 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.

Total Current Liabilities vs Common Stock Shares Outstanding

Total Current Liabilities vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avantor Total Current Liabilities account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Avantor's Total Current Liabilities and Common Stock Shares Outstanding is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Avantor, assuming nothing else is changed. The correlation between historical values of Avantor's Total Current Liabilities and Common Stock Shares Outstanding 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 Liabilities of Avantor are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Liabilities i.e., Avantor's Total Current Liabilities and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Avantor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Avantor are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit2.5B2.6B2.4B1.7B
Total Revenue7.4B4.9B7.0B4.9B

Avantor fundamental ratios Correlations

0.530.990.620.95-0.790.550.990.950.90.960.990.970.641.00.920.070.880.720.990.720.960.570.98-0.590.12
0.530.480.320.61-0.480.160.520.370.60.520.540.470.190.510.370.230.47-0.040.51-0.040.560.260.55-0.46-0.15
0.990.480.640.92-0.760.570.990.970.910.940.990.970.671.00.940.070.860.761.00.760.950.60.98-0.620.11
0.620.320.640.39-0.020.830.610.720.730.390.630.720.740.620.620.460.210.540.640.540.441.00.6-0.70.39
0.950.610.920.39-0.920.340.940.830.790.990.940.850.410.950.850.00.970.560.930.560.990.330.94-0.54-0.07
-0.79-0.48-0.76-0.02-0.92-0.05-0.79-0.64-0.58-0.93-0.78-0.65-0.2-0.79-0.680.24-0.97-0.44-0.77-0.44-0.90.05-0.780.240.18
0.550.160.570.830.34-0.050.490.610.570.380.510.690.850.530.560.050.270.710.530.710.360.830.55-0.480.73
0.990.520.990.610.94-0.790.490.960.910.951.00.940.611.00.910.10.880.681.00.680.970.560.96-0.630.02
0.950.370.970.720.83-0.640.610.960.940.860.960.950.760.960.880.160.760.740.970.740.870.680.9-0.610.16
0.90.60.910.730.79-0.580.570.910.940.790.910.910.770.90.750.310.680.560.910.560.820.680.85-0.590.16
0.960.520.940.390.99-0.930.380.950.860.790.940.870.470.950.85-0.070.980.620.940.620.990.330.94-0.460.02
0.990.540.990.630.94-0.780.511.00.960.910.940.950.611.00.930.10.870.691.00.690.960.580.97-0.660.02
0.970.470.970.720.85-0.650.690.940.950.910.870.950.770.960.90.090.780.80.960.80.870.680.95-0.540.31
0.640.190.670.740.41-0.20.850.610.760.770.470.610.770.620.550.050.370.70.630.70.450.730.58-0.370.61
1.00.511.00.620.95-0.790.531.00.960.90.951.00.960.620.930.090.880.721.00.720.970.570.98-0.630.06
0.920.370.940.620.85-0.680.560.910.880.750.850.930.90.550.93-0.040.790.840.940.840.870.580.95-0.70.03
0.070.230.070.460.00.240.050.10.160.31-0.070.10.090.050.09-0.04-0.21-0.220.09-0.220.030.460.06-0.3-0.03
0.880.470.860.210.97-0.970.270.880.760.680.980.870.780.370.880.79-0.210.580.860.580.960.150.87-0.38-0.04
0.72-0.040.760.540.56-0.440.710.680.740.560.620.690.80.70.720.84-0.220.580.721.00.590.530.75-0.40.42
0.990.511.00.640.93-0.770.531.00.970.910.941.00.960.631.00.940.090.860.720.720.960.590.97-0.650.05
0.72-0.040.760.540.56-0.440.710.680.740.560.620.690.80.70.720.84-0.220.581.00.720.590.530.75-0.40.42
0.960.560.950.440.99-0.90.360.970.870.820.990.960.870.450.970.870.030.960.590.960.590.380.95-0.55-0.06
0.570.260.61.00.330.050.830.560.680.680.330.580.680.730.570.580.460.150.530.590.530.380.55-0.690.4
0.980.550.980.60.94-0.780.550.960.90.850.940.970.950.580.980.950.060.870.750.970.750.950.55-0.620.11
-0.59-0.46-0.62-0.7-0.540.24-0.48-0.63-0.61-0.59-0.46-0.66-0.54-0.37-0.63-0.7-0.3-0.38-0.4-0.65-0.4-0.55-0.69-0.620.23
0.12-0.150.110.39-0.070.180.730.020.160.160.020.020.310.610.060.03-0.03-0.040.420.050.42-0.060.40.110.23
Click cells to compare fundamentals

Avantor Account Relationship Matchups

Avantor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B9.9B13.9B13.5B13.0B11.2B
Other Current Liab232.3M313.6M401M(195M)411.2M216.9M
Total Current Liabilities1.1B1.2B1.5B1.7B1.5B1.3B
Total Stockholder Equity2.5B2.7B4.2B4.9B5.3B5.5B
Other Liab1.1B1.0B1.3B940.2M1.1B1.1B
Net Tangible Assets(5.5B)(5.2B)(7.3B)(4.9B)(4.4B)(4.7B)
Retained Earnings(203.7M)(88.7M)483.9M1.2B1.5B1.6B
Accounts Payable560.2M678.9M755.1M758.2M625.9M622.3M
Cash186.7M286.6M301.7M372.9M262.9M253.5M
Other Assets72.9M219M233.1M174.8M201.0M139.5M
Long Term Debt5.0B4.9B7.0B5.9B5.3B5.9B
Net Receivables988.8M1.1B1.2B1.2B1.2B1.0B
Good Will2.8B2.9B5.3B5.7B5.7B3.9B
Common Stock Shares Outstanding401.2M583.4M599.6M679.4M678.4M608.6M
Inventory711.2M739.6M872M913.5M828.1M763.5M
Other Current Assets134.8M91.4M81.4M153.1M143.7M112.0M
Other Stockholder Equity196.9M(2.7B)1.0B(100.3M)(115.3M)(109.6M)
Total Liab7.3B7.2B9.7B8.6B7.7B9.4B
Short Long Term Debt93.5M26.4M45.2M364.2M259.9M145.0M
Total Current Assets2.0B2.2B2.5B2.7B2.4B2.2B
Short Term Debt93.5M26.4M45.2M364.2M259.9M145.0M
Intangible Assets4.2B4.0B5.1B4.1B3.8B4.3B
Common Stock1.7B1.7B2.8B3.8B3.8B4.0B
Property Plant Equipment689.3M549.9M705.5M727M836.1M650.2M
Short Long Term Debt Total5.1B4.9B7.0B6.3B5.5B4.9B
Property Plant And Equipment Net557M549.9M705.5M727M737.5M713.3M
Current Deferred Revenue188.5M223.8M249.5M731.4M183.3M323.1M
Net Debt4.9B4.6B6.7B5.9B5.3B4.7B
Non Current Assets Total7.8B7.7B11.4B10.8B10.6B10.2B
Non Currrent Assets Other205.2M216.7M233.1M293.5M358.3M232.9M
Cash And Short Term Investments186.7M286.6M301.7M372.9M262.9M279.9M
Common Stock Total Equity1.7B1.7B2.8B3.8B4.4B4.6B
Long Term Debt Total5.0B4.9B7.0B5.9B5.3B4.9B
Liabilities And Stockholders Equity9.8B9.9B13.9B13.5B13.0B12.6B
Non Current Liabilities Total6.2B6.0B8.2B7.0B6.2B6.6B
Net Invested Capital6.6B6.6B10.2B11.1B10.8B8.4B
Property Plant And Equipment Gross557M549M1.2B1.2B1.4B961.5M
Accumulated Other Comprehensive Income(85.9M)21.7M(43.2M)(100.3M)(69M)(72.5M)
Non Current Liabilities Other428.2M398.1M358.4M295.4M350.3M281.3M
Net Working Capital947M988.2M1.0B999.1M904.6M1.0B

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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:
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.
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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.