Advent Historical Balance Sheet

AWI Stock  CAD 0.80  0.00  0.00%   
Trend analysis of Advent Wireless balance sheet accounts such as Other Current Liab of 882.2 K, Total Current Liabilities of 2.5 M or Total Stockholder Equity of 13.3 M provides information on Advent Wireless' total assets, liabilities, and equity, which is the actual value of Advent Wireless to its prevalent stockholders. By breaking down trends over time using Advent Wireless balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Advent Wireless latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Advent Wireless is a good buy for the upcoming year.

Advent Wireless Inventory

31,582.75

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Wireless. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Advent Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Advent Wireless at a specified time, usually calculated after every quarter, six months, or one year. Advent Wireless Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Advent Wireless and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Advent currently owns. An asset can also be divided into two categories, current and non-current.

Advent Wireless Balance Sheet Chart

Advent Wireless Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Advent Wireless uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Advent Wireless' Intangible Assets are fairly stable compared to the past year.

Total Assets

Total assets refers to the total amount of Advent Wireless assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Advent Wireless books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Advent Wireless balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Advent Wireless 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.

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.
Most accounts from Advent Wireless' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Advent Wireless current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Advent Wireless. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Advent Wireless' Intangible Assets are fairly stable compared to the past year.
 2021 2022 2023 2024 (projected)
Other Current Liabilities651.0K682.7K614.4K882.2K
Total Assets19.2M17.1M17.3M15.9M

Advent Wireless balance sheet Correlations

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0.680.630.430.020.430.450.460.530.540.10.460.610.550.320.760.610.770.81-0.65-0.57-0.37-0.47-0.80.320.49
0.330.63-0.14-0.64-0.190.970.820.210.9-0.480.470.990.270.360.860.620.740.83-0.83-0.64-0.82-0.82-0.840.360.71
0.890.43-0.140.390.99-0.260.020.46-0.080.580.23-0.110.820.580.130.380.420.26-0.080.050.350.19-0.120.580.3
0.080.02-0.640.390.48-0.76-0.550.06-0.550.39-0.35-0.60.07-0.48-0.46-0.45-0.3-0.460.520.510.610.70.42-0.48-0.66
0.850.43-0.190.990.48-0.31-0.020.47-0.110.590.19-0.170.770.470.110.330.40.22-0.060.080.390.21-0.080.470.21
0.20.450.97-0.26-0.76-0.310.850.160.91-0.540.450.950.150.330.820.560.670.76-0.83-0.61-0.84-0.87-0.740.330.71
0.410.460.820.02-0.55-0.020.850.470.94-0.250.650.830.220.380.890.70.860.81-0.86-0.43-0.88-0.82-0.760.380.79
0.50.530.210.460.060.470.160.470.410.630.60.170.170.30.610.440.660.62-0.61-0.42-0.38-0.46-0.570.30.5
0.330.540.9-0.08-0.55-0.110.910.940.41-0.30.580.880.190.30.90.620.80.84-0.87-0.61-0.87-0.83-0.830.30.75
0.30.1-0.480.580.390.59-0.54-0.250.63-0.30.21-0.520.130.27-0.110.040.010.050.11-0.110.310.23-0.020.270.09
0.410.460.470.23-0.350.190.450.650.60.580.210.430.190.460.70.70.690.74-0.61-0.5-0.55-0.54-0.740.460.71
0.360.610.99-0.11-0.6-0.170.950.830.170.88-0.520.430.320.350.830.620.740.8-0.79-0.53-0.8-0.77-0.80.350.68
0.930.550.270.820.070.770.150.220.170.190.130.190.320.720.280.470.520.44-0.24-0.110.130.0-0.310.720.49
0.710.320.360.58-0.480.470.330.380.30.30.270.460.350.720.390.610.510.58-0.42-0.41-0.15-0.32-0.441.00.83
0.50.760.860.13-0.460.110.820.890.610.9-0.110.70.830.280.390.760.930.95-0.94-0.67-0.8-0.87-0.90.390.78
0.640.610.620.38-0.450.330.560.70.440.620.040.70.620.470.610.760.830.78-0.61-0.37-0.46-0.57-0.720.610.75
0.740.770.740.42-0.30.40.670.860.660.80.010.690.740.520.510.930.830.9-0.87-0.46-0.64-0.72-0.810.510.78
0.610.810.830.26-0.460.220.760.810.620.840.050.740.80.440.580.950.780.9-0.9-0.77-0.72-0.8-0.960.580.87
-0.43-0.65-0.83-0.080.52-0.06-0.83-0.86-0.61-0.870.11-0.61-0.79-0.24-0.42-0.94-0.61-0.87-0.90.710.820.940.81-0.42-0.79
-0.2-0.57-0.640.050.510.08-0.61-0.43-0.42-0.61-0.11-0.5-0.53-0.11-0.41-0.67-0.37-0.46-0.770.710.540.690.77-0.41-0.66
-0.05-0.37-0.820.350.610.39-0.84-0.88-0.38-0.870.31-0.55-0.80.13-0.15-0.8-0.46-0.64-0.720.820.540.870.76-0.15-0.63
-0.18-0.47-0.820.190.70.21-0.87-0.82-0.46-0.830.23-0.54-0.770.0-0.32-0.87-0.57-0.72-0.80.940.690.870.74-0.32-0.72
-0.48-0.8-0.84-0.120.42-0.08-0.74-0.76-0.57-0.83-0.02-0.74-0.8-0.31-0.44-0.9-0.72-0.81-0.960.810.770.760.74-0.44-0.78
0.710.320.360.58-0.480.470.330.380.30.30.270.460.350.721.00.390.610.510.58-0.42-0.41-0.15-0.32-0.440.83
0.60.490.710.3-0.660.210.710.790.50.750.090.710.680.490.830.780.750.780.87-0.79-0.66-0.63-0.72-0.780.83
Click cells to compare fundamentals

Advent Wireless Account Relationship Matchups

Advent Wireless balance sheet Accounts

201920202021202220232024 (projected)
Total Assets21.1M20.2M19.2M17.1M17.3M15.9M
Other Current Liab835.4K805.9K651.0K682.7K614.4K882.2K
Total Current Liabilities2.3M2.3M2.7M2.4M2.5M2.5M
Total Stockholder Equity18.4M17.5M16.3M14.6M14.2M13.3M
Net Tangible Assets19.4M18.4M17.0M15.9M18.3M18.7M
Retained Earnings13.6M12.6M11.3M9.7M9.3M9.3M
Accounts Payable1.4M1.3M1.7M1.4M1.2M1.5M
Cash9.6M10.0M9.2M6.4M9.0M8.6M
Other Assets1.8M1.1M1.3M983.1K884.8K1.4M
Net Receivables1.0M848.3K1.0M593.0K811.7K1.2M
Short Term Investments5.3M4.0M4.0M6.1M2.0M1.9M
Inventory107.3K140.5K540.7K69.8K33.2K31.6K
Total Liab2.7M2.7M2.9M2.4M3.0M2.6M
Total Current Assets17.9M17.0M16.4M15.5M15.2M13.3M
Property Plant Equipment887.8K966.1K851.8K621.3K559.2K1.0M
Non Current Assets Total3.2M3.2M2.8M1.7M2.1M2.5M
Non Current Liabilities Total336.5K438.3K343.8K23.4K484.9K279.4K
Intangible Assets4.0K1.5K450K323.7K372.3K390.9K
Net Invested Capital18.6M17.7M16.5M14.8M14.3M13.6M
Net Working Capital15.6M14.7M13.8M13.1M12.7M11.4M

Pair Trading with Advent Wireless

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 Advent Wireless 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 Advent Wireless will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Advent Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advent Wireless 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 Advent Wireless - 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 Advent Wireless to buy it.
The correlation of Advent Wireless 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 Advent Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advent Wireless 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 Advent Wireless 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 CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Wireless. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Please note, there is a significant difference between Advent Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advent Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advent Wireless' 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.