AvidXchange Tangible Book Value Per Share from 2010 to 2024

AVDX Stock  USD 10.59  0.14  1.34%   
AvidXchange Holdings Tangible Book Value Per Share yearly trend continues to be fairly stable with very little volatility. Tangible Book Value Per Share will likely drop to 1.25 in 2024. During the period from 2010 to 2024, AvidXchange Holdings Tangible Book Value Per Share regression line of annual values had r-squared of  0.44 and arithmetic mean of  1.06. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
2.00962744
Current Value
1.25
Quarterly Volatility
0.55957519
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many exotic indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 3.62. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
This module can also supplement AvidXchange Holdings' financial leverage analysis and stock options assessment as well as various AvidXchange Holdings Technical models . Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Latest AvidXchange Holdings' Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of AvidXchange Holdings over the last few years. It is AvidXchange Holdings' Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AvidXchange Holdings' overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

AvidXchange Tangible Book Value Per Share Regression Statistics

Arithmetic Mean1.06
Geometric Mean0.96
Coefficient Of Variation52.79
Mean Deviation0.44
Median0.76
Standard Deviation0.56
Sample Variance0.31
Range1.5897
R-Value0.66
Mean Square Error0.19
R-Squared0.44
Significance0.01
Slope0.08
Total Sum of Squares4.38

AvidXchange Tangible Book Value Per Share History

2024 1.25
2023 2.01
2022 1.98
2021 2.32
2020 0.73

About AvidXchange Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include AvidXchange Holdings income statement, its balance sheet, and the statement of cash flows. AvidXchange Holdings investors use historical funamental indicators, such as AvidXchange Holdings's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although AvidXchange Holdings investors may use each financial statement separately, they are all related. The changes in AvidXchange Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AvidXchange Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AvidXchange Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 2.01  1.25 

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When determining whether AvidXchange Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AvidXchange Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avidxchange Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidxchange Holdings Stock:
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.
Note that the AvidXchange Holdings information on this page should be used as a complementary analysis to other AvidXchange Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Is AvidXchange Holdings' 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 AvidXchange Holdings. If investors know AvidXchange 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 AvidXchange Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
1.967
Quarterly Revenue Growth
0.216
Return On Assets
(0.01)
Return On Equity
(0.05)
The market value of AvidXchange Holdings is measured differently than its book value, which is the value of AvidXchange that is recorded on the company's balance sheet. Investors also form their own opinion of AvidXchange Holdings' value that differs from its market value or its book value, called intrinsic value, which is AvidXchange Holdings' 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 AvidXchange Holdings' market value can be influenced by many factors that don't directly affect AvidXchange Holdings' 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 AvidXchange Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if AvidXchange Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AvidXchange Holdings' 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.