Avis Non Current Assets Total vs Property Plant And Equipment Net Analysis
CAR Stock | USD 108.21 0.02 0.02% |
Avis Budget financial indicator trend analysis is way more than just evaluating Avis Budget Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avis Budget Group is a good investment. Please check the relationship between Avis Budget Non Current Assets Total and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avis Budget Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Non Current Assets Total vs Property Plant And Equipment Net
Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avis Budget Group Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between Avis Budget's Non Current Assets Total and Property Plant And Equipment Net is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Avis Budget Group, assuming nothing else is changed. The correlation between historical values of Avis Budget's Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Avis Budget Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., Avis Budget's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Avis Budget's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avis Budget Group 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 Avis Budget Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Avis Budget's Tax Provision is relatively stable compared to the past year. As of 06/10/2024, Enterprise Value is likely to grow to about 21.5 B, while Selling General Administrative is likely to drop slightly above 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.8B | 10.8B | 3.9B | 4.6B | Total Revenue | 9.3B | 12.0B | 12.0B | 7.0B |
Avis Budget fundamental ratios Correlations
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Avis Budget Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avis Budget fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.1B | 17.5B | 22.6B | 25.9B | 33.4B | 35.1B | |
Short Long Term Debt Total | 17.1B | 13.7B | 17.8B | 20.9B | 26.5B | 27.8B | |
Other Current Liab | 1.2B | 662M | 1.3B | 1.3B | 1.4B | 1.1B | |
Total Current Liabilities | 2.2B | 2.1B | 2.4B | 2.6B | 2.7B | 2.1B | |
Total Stockholder Equity | 656M | (155M) | (220M) | (703M) | (349M) | (331.6M) | |
Property Plant And Equipment Net | 15.2B | 11.1B | 15.6B | 18.6B | 23.9B | 25.1B | |
Net Debt | 16.4B | 13.0B | 17.3B | 20.3B | 25.9B | 27.2B | |
Retained Earnings | (785M) | (1.5B) | (185M) | 2.6B | 3.9B | 4.0B | |
Cash | 615M | 686M | 692M | 570M | 559M | 526.0M | |
Non Current Assets Total | 21.0B | 15.7B | 20.8B | 24.0B | 31.3B | 32.8B | |
Non Currrent Assets Other | 1.5B | 877M | 858M | 1.3B | 2.2B | 3.8B | |
Cash And Short Term Investments | 615M | 686M | 692M | 570M | 559M | 526.0M | |
Net Receivables | 1.1B | 794M | 1.0B | 952M | 1.1B | 834.3M | |
Common Stock Shares Outstanding | 75.7M | 70.5M | 66.1M | 48.4M | 38.8M | 77.3M | |
Liabilities And Stockholders Equity | 23.1B | 17.5B | 22.6B | 25.9B | 33.4B | 35.1B | |
Non Current Liabilities Total | 20.2B | 15.6B | 20.4B | 24.1B | 31.1B | 32.7B | |
Other Current Assets | 141M | 148M | 95M | 112M | 488M | 322.8M | |
Other Stockholder Equity | 1.6B | 1.5B | 97M | (3.2B) | (4.1B) | (3.9B) | |
Total Liab | 22.5B | 17.7B | 22.8B | 26.6B | 33.8B | 35.5B | |
Property Plant And Equipment Gross | 15.2B | 11.1B | 19.1B | 22.3B | 28.1B | 29.5B | |
Total Current Assets | 2.1B | 1.8B | 1.8B | 1.9B | 2.1B | 2.0B | |
Accumulated Other Comprehensive Income | (133M) | (157M) | (187M) | (101M) | (96M) | (100.8M) | |
Short Term Debt | 498M | 533M | 515M | 582M | 608M | 638.4M | |
Intangible Assets | 798M | 774M | 724M | 666M | 670M | 636.5M | |
Accounts Payable | 378M | 394M | 407M | 466M | 487M | 783.8M | |
Other Liab | 730M | 662M | 598M | 554M | 498.6M | 473.7M | |
Other Assets | 1.8B | 4.0B | 1.9B | 1.7B | 1.5B | 2.0B | |
Long Term Debt | 3.4B | 4.2B | 4.0B | 4.6B | 23.7B | 24.9B | |
Good Will | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | |
Inventory | 234M | 161M | 205M | 252M | 226.8M | 301.9M | |
Treasury Stock | (5.1B) | (5.1B) | (5.2B) | (6.6B) | (5.9B) | (6.2B) | |
Property Plant Equipment | 792M | 657M | 537M | 594M | 534.6M | 507.9M | |
Current Deferred Revenue | 125M | 464M | 185M | 188M | 168M | 311.3M | |
Net Tangible Assets | 12.6B | 6.9B | (2.1B) | 13.3B | 15.2B | 8.0B | |
Retained Earnings Total Equity | (785M) | (1.5B) | (185M) | 2.6B | 3.0B | 3.1B |
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