Advent Net Receivables vs Total Current Assets Analysis

ADN Stock

USD 5.06 0.67 15.26%

Advent Technologies financial indicator trend analysis is way more than just evaluating Advent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advent Technologies is a good investment. Please check the relationship between Advent Technologies Net Receivables and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Net Receivables vs Total Current Assets

Net Receivables vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advent Technologies Net Receivables account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Advent Technologies' Net Receivables and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Advent Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Advent Technologies' Net Receivables and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Advent Technologies Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., Advent Technologies' Net Receivables and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Advent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advent Technologies 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 Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

At this time, Advent Technologies' Tax Provision is very stable compared to the past year. As of the 25th of December 2024, Issuance Of Capital Stock is likely to grow to about 9.5 M, while Selling General Administrative is likely to drop about 25 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	51.2M	45.8M	62.3M	35.5M
Cost Of Revenue	5.4M	8.6M	18.3M	19.2M

Total Operating Expenses Cost Of Revenue

Advent Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		-0.28	-0.7	0.8	-0.84	-0.84	0.35	0.87	-0.79	-0.2	0.95	0.76	-0.37	-0.53	-0.12	0.86	0.06	-0.57	-0.26	-0.86	-0.02	-0.27	0.79	-0.84	-0.91	-0.89
Other Current Liab	-0.28		0.84	-0.23	0.73	0.73	-0.93	-0.42	0.76	0.86	-0.52	-0.61	-0.4	0.93	0.81	-0.48	-0.07	0.64	0.27	0.7	0.02	0.87	-0.49	0.72	0.27	0.51
Total Current Liabilities	-0.7	0.84		-0.56	0.91	0.92	-0.88	-0.66	0.97	0.82	-0.88	-0.81	0.03	0.96	0.74	-0.87	-0.1	0.85	0.48	0.9	0.01	0.86	-0.77	0.91	0.6	0.77
Total Stockholder Equity	0.8	-0.23	-0.56		-0.61	-0.63	0.25	0.59	-0.59	-0.15	0.76	0.91	-0.46	-0.38	-0.11	0.72	-0.55	-0.42	-0.17	-0.62	-0.62	-0.2	0.95	-0.61	-0.68	-0.65
Other Liab	-0.84	0.73	0.91	-0.61		1.0	-0.71	-0.9	0.95	0.56	-0.92	-0.81	-0.08	0.83	0.44	-0.79	-0.18	0.78	0.39	1.0	-0.08	0.62	-0.74	1.0	0.84	0.95
Net Tangible Assets	-0.84	0.73	0.92	-0.63	1.0		-0.71	-0.89	0.95	0.56	-0.93	-0.82	-0.07	0.83	0.45	-0.8	-0.16	0.78	0.4	1.0	-0.05	0.62	-0.75	1.0	0.84	0.95
Net Debt	0.35	-0.93	-0.88	0.25	-0.71	-0.71		0.34	-0.77	-0.95	0.61	0.59	0.11	-0.97	-0.93	0.62	0.15	-0.65	-0.25	-0.69	0.05	-0.95	0.53	-0.71	-0.22	-0.45
Retained Earnings	0.87	-0.42	-0.66	0.59	-0.9	-0.89	0.34		-0.78	-0.14	0.82	0.66	0.12	-0.53	-0.01	0.63	0.23	-0.56	-0.26	-0.91	0.15	-0.22	0.59	-0.9	-0.97	-0.98
Accounts Payable	-0.79	0.76	0.97	-0.59	0.95	0.95	-0.77	-0.78		0.68	-0.91	-0.8	0.02	0.9	0.57	-0.89	-0.16	0.83	0.49	0.94	-0.05	0.73	-0.75	0.95	0.74	0.86
Cash	-0.2	0.86	0.82	-0.15	0.56	0.56	-0.95	-0.14	0.68		-0.49	-0.5	-0.07	0.9	0.98	-0.57	-0.11	0.71	0.43	0.54	-0.02	1.0	-0.45	0.56	0.06	0.3
Non Current Assets Total	0.95	-0.52	-0.88	0.76	-0.92	-0.93	0.61	0.82	-0.91	-0.49		0.83	-0.3	-0.74	-0.41	0.94	0.09	-0.74	-0.38	-0.93	-0.01	-0.55	0.84	-0.92	-0.84	-0.89
Non Currrent Assets Other	0.76	-0.61	-0.81	0.91	-0.81	-0.82	0.59	0.66	-0.8	-0.5	0.83		-0.19	-0.7	-0.43	0.79	-0.42	-0.66	-0.33	-0.8	-0.51	-0.55	0.98	-0.81	-0.68	-0.75
Other Assets	-0.37	-0.4	0.03	-0.46	-0.08	-0.07	0.11	0.12	0.02	-0.07	-0.3	-0.19		-0.09	0.03	-0.48	0.27	-0.07	-0.08	-0.07	0.28	-0.07	-0.39	-0.08	0.04	-0.08
Cash And Short Term Investments	-0.53	0.93	0.96	-0.38	0.83	0.83	-0.97	-0.53	0.9	0.9	-0.74	-0.7	-0.09		0.85	-0.75	-0.16	0.73	0.33	0.82	-0.05	0.91	-0.63	0.83	0.41	0.62
Net Receivables	-0.12	0.81	0.74	-0.11	0.44	0.45	-0.93	-0.01	0.57	0.98	-0.41	-0.43	0.03	0.85		-0.52	-0.06	0.56	0.27	0.42	0.02	0.96	-0.41	0.44	-0.08	0.15
Common Stock Total Equity	0.86	-0.48	-0.87	0.72	-0.79	-0.8	0.62	0.63	-0.89	-0.57	0.94	0.79	-0.48	-0.75	-0.52		0.02	-0.71	-0.41	-0.8	-0.08	-0.62	0.84	-0.79	-0.66	-0.72
Non Current Liabilities Total	0.06	-0.07	-0.1	-0.55	-0.18	-0.16	0.15	0.23	-0.16	-0.11	0.09	-0.42	0.27	-0.16	-0.06	0.02		-0.15	-0.12	-0.19	0.99	-0.12	-0.45	-0.18	-0.13	-0.18
Inventory	-0.57	0.64	0.85	-0.42	0.78	0.78	-0.65	-0.56	0.83	0.71	-0.74	-0.66	-0.07	0.73	0.56	-0.71	-0.15		0.86	0.78	-0.05	0.77	-0.61	0.78	0.6	0.72
Other Current Assets	-0.26	0.27	0.48	-0.17	0.39	0.4	-0.25	-0.26	0.49	0.43	-0.38	-0.33	-0.08	0.33	0.27	-0.41	-0.12	0.86		0.39	-0.07	0.5	-0.3	0.39	0.38	0.42
Other Stockholder Equity	-0.86	0.7	0.9	-0.62	1.0	1.0	-0.69	-0.91	0.94	0.54	-0.93	-0.8	-0.07	0.82	0.42	-0.8	-0.19	0.78	0.39		-0.09	0.6	-0.74	1.0	0.86	0.96
Total Liab	-0.02	0.02	0.01	-0.62	-0.08	-0.05	0.05	0.15	-0.05	-0.02	-0.01	-0.51	0.28	-0.05	0.02	-0.08	0.99	-0.05	-0.07	-0.09		-0.03	-0.54	-0.08	-0.06	-0.09
Total Current Assets	-0.27	0.87	0.86	-0.2	0.62	0.62	-0.95	-0.22	0.73	1.0	-0.55	-0.55	-0.07	0.91	0.96	-0.62	-0.12	0.77	0.5	0.6	-0.03		-0.5	0.62	0.15	0.38
Common Stock	0.79	-0.49	-0.77	0.95	-0.74	-0.75	0.53	0.59	-0.75	-0.45	0.84	0.98	-0.39	-0.63	-0.41	0.84	-0.45	-0.61	-0.3	-0.74	-0.54	-0.5		-0.74	-0.64	-0.69
Property Plant Equipment	-0.84	0.72	0.91	-0.61	1.0	1.0	-0.71	-0.9	0.95	0.56	-0.92	-0.81	-0.08	0.83	0.44	-0.79	-0.18	0.78	0.39	1.0	-0.08	0.62	-0.74		0.84	0.95
Short Long Term Debt Total	-0.91	0.27	0.6	-0.68	0.84	0.84	-0.22	-0.97	0.74	0.06	-0.84	-0.68	0.04	0.41	-0.08	-0.66	-0.13	0.6	0.38	0.86	-0.06	0.15	-0.64	0.84		0.96
Property Plant And Equipment Net	-0.89	0.51	0.77	-0.65	0.95	0.95	-0.45	-0.98	0.86	0.3	-0.89	-0.75	-0.08	0.62	0.15	-0.72	-0.18	0.72	0.42	0.96	-0.09	0.38	-0.69	0.95	0.96

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Advent Technologies Account Relationship Matchups

Advent Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	226.0M	93.9M	163.0M	89.6M	34.7M	33.0M
Other Current Liab	1.3M	(2.2M)	6.4M	2.1M	2.4M	1.7M
Total Current Liabilities	1.3M	3.2M	18.9M	13.7M	11.9M	9.0M
Total Stockholder Equity	5.0M	5.0M	130.2M	64.1M	13.4M	12.8M
Net Debt	(20.4K)	2.7M	(79.6M)	(20.8M)	(18.7M)	(19.6M)
Retained Earnings	3.2M	2.2M	(33.4M)	(107.8M)	(179.2M)	(170.2M)
Accounts Payable	25.5K	881.4K	4.8M	4.7M	5.1M	2.9M
Cash	520.4K	24.9K	79.8M	32.9M	3.6M	3.4M
Non Current Assets Total	225.4M	93.3M	65.7M	40.1M	25.9M	24.6M
Non Currrent Assets Other	(85.0K)	91.4M	2.5M	6.0M	1.1M	1.0M
Cash And Short Term Investments	520.4K	24.9K	79.8M	32.9M	37.8M	25.1M
Net Receivables	368.4K	1.0M	9.2M	2.4M	191K	181.5K
Liabilities And Stockholders Equity	226.0M	93.9M	163.0M	89.6M	80.6M	127.1M
Non Current Liabilities Total	219.7M	85.7M	14.0M	11.8M	9.4M	8.9M
Inventory	32.4K	107.9K	7.0M	12.6M	2.7M	4.1M
Other Current Assets	57.1K	24.5K	406.9K	2.5M	10K	9.5K
Other Stockholder Equity	1.8M	11.0M	164.9M	174.5M	200.7M	210.7M
Total Liab	221.0M	88.9M	32.8M	25.4M	21.3M	20.2M
Total Current Assets	577.5K	582.5K	97.4M	49.5M	8.8M	8.4M
Common Stock	672.0	701.0	5.1K	5K	4.5K	4.3K

When determining whether Advent Technologies is a strong investment it is important to analyze Advent Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advent Technologies' future performance. For an informed investment choice regarding Advent Stock, refer to the following important reports:

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Is Advent Stock a good investment?

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What is Advent Technologies' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Electric Utilities space 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 Advent Technologies. If investors know Advent 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 Advent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(25.90)

Revenue Per Share

2.998

Quarterly Revenue Growth

(0.28)

Return On Assets

(0.74)

Return On Equity

(3.13)

The market value of Advent Technologies is measured differently than its book value, which is the value of Advent that is recorded on the company's balance sheet. Investors also form their own opinion of Advent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Advent Technologies' 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 Advent Technologies' market value can be influenced by many factors that don't directly affect Advent Technologies' 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 Advent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advent Technologies' 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.

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Advent Net Receivables vs Total Current Assets Analysis

Net Receivables vs Total Current Assets

Net Receivables vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Total Current Assets

Advent Technologies fundamental ratios Correlations

Advent Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Advent Technologies fundamental ratios Accounts

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Net Tangible Assets	+ 1.0	Other Liab
Other Stockholder Equity	+ 1.0	Other Liab
Property Plant Equipment	+ 1.0	Other Liab
Other Stockholder Equity	+ 1.0	Net Tangible Assets
Property Plant Equipment	+ 1.0	Net Tangible Assets
Total Current Assets	+ 1.0	Cash

Property Plant And Equipment Net	- 0.98	Retained Earnings
Short Long Term Debt Total	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Total Current Assets	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Other Stockholder Equity	- 0.93	Non Current Assets Total