Avista Ebit vs Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses

Ebit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avista Ebit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Avista's Ebit and Total Operating Expenses is -0.55. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Ebit i.e., Avista's Ebit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ebit

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Profit941.8M974.3M1.0B764.0M
Total Revenue1.4B1.7B1.8B1.9B

Avista fundamental ratios Correlations

0.980.960.070.730.950.970.950.840.3-0.160.97-0.44-0.250.770.950.980.570.140.050.980.750.450.960.50.83
0.980.99-0.020.750.980.980.980.890.26-0.250.99-0.34-0.340.740.970.990.630.080.091.00.830.440.980.610.89
0.960.99-0.060.70.990.981.00.840.19-0.290.99-0.27-0.370.70.990.980.580.030.110.970.790.381.00.660.88
0.07-0.02-0.060.42-0.13-0.1-0.09-0.210.780.67-0.1-0.10.720.5-0.06-0.08-0.050.650.040.02-0.090.61-0.06-0.56-0.25
0.730.750.70.420.650.650.680.70.660.20.68-0.240.110.850.670.650.640.270.320.780.80.750.690.230.62
0.950.980.99-0.130.650.981.00.840.11-0.360.99-0.24-0.440.640.990.980.550.00.080.960.770.310.990.710.89
0.970.980.98-0.10.650.980.980.840.11-0.341.0-0.34-0.410.640.950.990.49-0.040.050.970.720.260.970.660.87
0.950.981.0-0.090.681.00.980.840.15-0.330.99-0.25-0.410.680.990.980.570.020.10.960.780.350.990.680.88
0.840.890.84-0.210.70.840.840.840.21-0.310.86-0.37-0.430.620.80.870.790.00.090.910.930.440.820.570.8
0.30.260.190.780.660.110.110.150.210.710.14-0.350.680.770.170.180.380.560.170.310.350.890.18-0.440.07
-0.16-0.25-0.290.670.2-0.36-0.34-0.33-0.310.71-0.33-0.290.980.33-0.27-0.29-0.030.280.2-0.2-0.190.53-0.29-0.75-0.34
0.970.990.99-0.10.680.991.00.990.860.14-0.33-0.32-0.40.660.970.990.540.00.060.980.760.310.980.670.89
-0.44-0.34-0.27-0.1-0.24-0.24-0.34-0.25-0.37-0.35-0.29-0.32-0.22-0.49-0.24-0.38-0.20.060.28-0.38-0.25-0.27-0.250.11-0.23
-0.25-0.34-0.370.720.11-0.44-0.41-0.41-0.430.680.98-0.4-0.220.26-0.36-0.37-0.180.290.15-0.29-0.320.44-0.37-0.77-0.4
0.770.740.70.50.850.640.640.680.620.770.330.66-0.490.260.680.680.560.380.180.770.670.820.690.070.57
0.950.970.99-0.060.670.990.950.990.80.17-0.270.97-0.24-0.360.680.960.60.090.110.950.770.391.00.660.86
0.980.990.98-0.080.650.980.990.980.870.18-0.290.99-0.38-0.370.680.960.560.050.010.980.750.350.970.610.88
0.570.630.58-0.050.640.550.490.570.790.38-0.030.54-0.2-0.180.560.60.560.310.220.650.910.710.590.30.52
0.140.080.030.650.270.0-0.040.020.00.560.280.00.060.290.380.090.050.31-0.180.110.150.630.08-0.4-0.08
0.050.090.110.040.320.080.050.10.090.170.20.060.280.150.180.110.010.22-0.180.090.180.220.1-0.060.09
0.981.00.970.020.780.960.970.960.910.31-0.20.98-0.38-0.290.770.950.980.650.110.090.840.480.960.560.87
0.750.830.79-0.090.80.770.720.780.930.35-0.190.76-0.25-0.320.670.770.750.910.150.180.840.620.780.510.76
0.450.440.380.610.750.310.260.350.440.890.530.31-0.270.440.820.390.350.710.630.220.480.620.39-0.220.25
0.960.981.0-0.060.690.990.970.990.820.18-0.290.98-0.25-0.370.691.00.970.590.080.10.960.780.390.660.88
0.50.610.66-0.560.230.710.660.680.57-0.44-0.750.670.11-0.770.070.660.610.3-0.4-0.060.560.51-0.220.660.71
0.830.890.88-0.250.620.890.870.880.80.07-0.340.89-0.23-0.40.570.860.880.52-0.080.090.870.760.250.880.71
Click cells to compare fundamentals

Avista Account Relationship Matchups

Avista fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding66.3M68.1M70.1M73.1M76.5M60.2M
Total Assets6.1B6.4B6.9B7.4B7.7B5.1B
Short Long Term Debt Total2.3B2.4B2.6B2.9B3.0B1.6B
Other Current Liab98.1M88.4M138.1M269.0M166.3M158.0M
Total Current Liabilities530.7M505.9M913.1M964.5M775.2M771.7M
Total Stockholder Equity1.9B2.0B2.2B2.3B2.5B1.4B
Property Plant And Equipment Net4.9B5.1B5.4B5.6B5.8B3.3B
Net Debt2.2B2.4B2.6B2.9B3.0B1.6B
Retained Earnings738.8M758.0M785.6M811.5M841.4M883.4M
Accounts Payable110.2M106.6M133.1M203.0M143.3M180.3M
Cash9.9M14.2M22.2M13.4M35.0M41.2M
Non Current Assets Total5.8B6.1B6.4B6.7B7.0B4.2B
Non Currrent Assets Other23.4M30.4M19.6M230.4M15.8M15.0M
Cash And Short Term Investments9.9M14.2M22.2M13.4M35.0M48.3M
Net Receivables177.7M213.6M232.7M286.5M246.0M212.3M
Common Stock Total Equity1.2B1.3B1.4B1.5B1.8B919.3M
Liabilities And Stockholders Equity6.1B6.4B6.9B7.4B7.7B5.1B
Non Current Liabilities Total3.6B3.9B3.8B4.1B4.4B2.7B
Inventory66.6M67.5M84.7M107.7M160.0M168.0M
Other Current Assets26.9M20.0M49.1M199.7M156.3M148.5M
Other Stockholder Equity(10.3M)47.3M43.5M39.7M35.7M33.9M
Total Liab4.1B4.4B4.7B5.1B5.2B3.7B
Property Plant And Equipment Gross4.9B5.1B7.5B7.9B8.1B8.5B
Total Current Assets305.1M344.0M434.5M721.8M661.8M707.8M
Accumulated Other Comprehensive Income(10.3M)(14.4M)(11.0M)(2.1M)(357K)(339.2K)
Common Stock1.2B1.3B1.4B1.5B1.6B940.7M
Other Liab1.6B1.8B1.8B1.7B1.9B1.1B
Other Assets717.2M1.0B1.1B858.8M987.6M630.5M
Long Term Debt1.9B2.0B1.9B2.3B2.6B1.5B
Short Term Investments2.3M5.3M589K8.5M3.7M3.5M
Short Term Debt237.8M210.2M541.4M484.1M364M236.2M
Property Plant Equipment4.8B5.0B5.2B5.4B6.3B3.5B
Current Deferred Revenue84.6M100.7M100.6M8.5M101.6M68.1M
Net Tangible Assets1.9B2.0B2.1B2.3B2.6B1.8B
Retained Earnings Total Equity738.8M758.0M785.6M811.5M933.3M589.1M
Long Term Debt Total1.8B2.0B1.9B2.3B2.6B1.8B

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When determining whether Avista offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avista's 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 Avista Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avista Stock:
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.