Avista Ebit vs Non Recurring Analysis
AVA Stock | USD 38.44 0.24 0.63% |
Avista financial indicator trend analysis is way more than just evaluating Avista prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avista is a good investment. Please check the relationship between Avista Ebit and its Non Recurring accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avista. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.
Ebit vs Non Recurring
Ebit vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avista Ebit account and Non Recurring. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Avista's Ebit and Non Recurring is -0.19. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Avista, assuming nothing else is changed. The correlation between historical values of Avista's Ebit and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Avista are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Ebit i.e., Avista's Ebit and Non Recurring go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
Non Recurring
Most indicators from Avista's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avista 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 Avista. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.At present, Avista's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas Discontinued Operations is forecasted to decline to about 4.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 941.8M | 974.3M | 1.0B | 764.0M | Total Revenue | 1.4B | 1.7B | 1.8B | 1.9B |
Avista fundamental ratios Correlations
Click cells to compare fundamentals
Avista Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avista fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 66.3M | 68.1M | 70.1M | 73.1M | 76.5M | 60.2M | |
Total Assets | 6.1B | 6.4B | 6.9B | 7.4B | 7.7B | 5.1B | |
Short Long Term Debt Total | 2.3B | 2.4B | 2.6B | 2.9B | 3.0B | 1.6B | |
Other Current Liab | 98.1M | 88.4M | 138.1M | 269.0M | 166.3M | 158.0M | |
Total Current Liabilities | 530.7M | 505.9M | 913.1M | 964.5M | 775.2M | 771.7M | |
Total Stockholder Equity | 1.9B | 2.0B | 2.2B | 2.3B | 2.5B | 1.4B | |
Property Plant And Equipment Net | 4.9B | 5.1B | 5.4B | 5.6B | 5.8B | 3.3B | |
Net Debt | 2.2B | 2.4B | 2.6B | 2.9B | 3.0B | 1.6B | |
Retained Earnings | 738.8M | 758.0M | 785.6M | 811.5M | 841.4M | 883.4M | |
Accounts Payable | 110.2M | 106.6M | 133.1M | 203.0M | 143.3M | 180.3M | |
Cash | 9.9M | 14.2M | 22.2M | 13.4M | 35.0M | 41.2M | |
Non Current Assets Total | 5.8B | 6.1B | 6.4B | 6.7B | 7.0B | 4.2B | |
Non Currrent Assets Other | 23.4M | 30.4M | 19.6M | 230.4M | 15.8M | 15.0M | |
Cash And Short Term Investments | 9.9M | 14.2M | 22.2M | 13.4M | 35.0M | 48.3M | |
Net Receivables | 177.7M | 213.6M | 232.7M | 286.5M | 246.0M | 212.3M | |
Common Stock Total Equity | 1.2B | 1.3B | 1.4B | 1.5B | 1.8B | 919.3M | |
Liabilities And Stockholders Equity | 6.1B | 6.4B | 6.9B | 7.4B | 7.7B | 5.1B | |
Non Current Liabilities Total | 3.6B | 3.9B | 3.8B | 4.1B | 4.4B | 2.7B | |
Inventory | 66.6M | 67.5M | 84.7M | 107.7M | 160.0M | 168.0M | |
Other Current Assets | 26.9M | 20.0M | 49.1M | 199.7M | 156.3M | 148.5M | |
Other Stockholder Equity | (10.3M) | 47.3M | 43.5M | 39.7M | 35.7M | 33.9M | |
Total Liab | 4.1B | 4.4B | 4.7B | 5.1B | 5.2B | 3.7B | |
Property Plant And Equipment Gross | 4.9B | 5.1B | 7.5B | 7.9B | 8.1B | 8.5B | |
Total Current Assets | 305.1M | 344.0M | 434.5M | 721.8M | 661.8M | 707.8M | |
Accumulated Other Comprehensive Income | (10.3M) | (14.4M) | (11.0M) | (2.1M) | (357K) | (339.2K) | |
Common Stock | 1.2B | 1.3B | 1.4B | 1.5B | 1.6B | 940.7M | |
Other Liab | 1.6B | 1.8B | 1.8B | 1.7B | 1.9B | 1.1B | |
Other Assets | 717.2M | 1.0B | 1.1B | 858.8M | 987.6M | 630.5M | |
Long Term Debt | 1.9B | 2.0B | 1.9B | 2.3B | 2.6B | 1.5B | |
Short Term Investments | 2.3M | 5.3M | 589K | 8.5M | 3.7M | 3.5M | |
Short Term Debt | 237.8M | 210.2M | 541.4M | 484.1M | 364M | 236.2M | |
Property Plant Equipment | 4.8B | 5.0B | 5.2B | 5.4B | 6.3B | 3.5B | |
Current Deferred Revenue | 84.6M | 100.7M | 100.6M | 8.5M | 101.6M | 68.1M | |
Net Tangible Assets | 1.9B | 2.0B | 2.1B | 2.3B | 2.6B | 1.8B | |
Retained Earnings Total Equity | 738.8M | 758.0M | 785.6M | 811.5M | 933.3M | 589.1M | |
Long Term Debt Total | 1.8B | 2.0B | 1.9B | 2.3B | 2.6B | 1.8B |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avista. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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Is Avista'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 Avista. If investors know Avista 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 Avista 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 0.247 | Dividend Share 1.855 | Earnings Share 2.42 | Revenue Per Share 24.452 | Quarterly Revenue Growth 0.284 |
The market value of Avista is measured differently than its book value, which is the value of Avista that is recorded on the company's balance sheet. Investors also form their own opinion of Avista's value that differs from its market value or its book value, called intrinsic value, which is Avista'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 Avista's market value can be influenced by many factors that don't directly affect Avista'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 Avista's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avista is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avista'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.