Advent Total Current Liabilities vs Other Current Liab 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 Total Current Liabilities and its Other Current Liab 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.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advent Technologies Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Advent Technologies' Total Current Liabilities and Other Current Liab is 0.84. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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' Total Current Liabilities and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Advent Technologies Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Advent Technologies' Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Advent Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Advent Technologies Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Liab

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 Expenses51.2M45.8M62.3M35.5M
Cost Of Revenue5.4M8.6M18.3M19.2M

Advent Technologies fundamental ratios Correlations

-0.28-0.70.8-0.84-0.840.350.87-0.79-0.20.950.76-0.37-0.53-0.120.860.06-0.57-0.26-0.86-0.02-0.270.79-0.84-0.91-0.89
-0.280.84-0.230.730.73-0.93-0.420.760.86-0.52-0.61-0.40.930.81-0.48-0.070.640.270.70.020.87-0.490.720.270.51
-0.70.84-0.560.910.92-0.88-0.660.970.82-0.88-0.810.030.960.74-0.87-0.10.850.480.90.010.86-0.770.910.60.77
0.8-0.23-0.56-0.61-0.630.250.59-0.59-0.150.760.91-0.46-0.38-0.110.72-0.55-0.42-0.17-0.62-0.62-0.20.95-0.61-0.68-0.65
-0.840.730.91-0.611.0-0.71-0.90.950.56-0.92-0.81-0.080.830.44-0.79-0.180.780.391.0-0.080.62-0.741.00.840.95
-0.840.730.92-0.631.0-0.71-0.890.950.56-0.93-0.82-0.070.830.45-0.8-0.160.780.41.0-0.050.62-0.751.00.840.95
0.35-0.93-0.880.25-0.71-0.710.34-0.77-0.950.610.590.11-0.97-0.930.620.15-0.65-0.25-0.690.05-0.950.53-0.71-0.22-0.45
0.87-0.42-0.660.59-0.9-0.890.34-0.78-0.140.820.660.12-0.53-0.010.630.23-0.56-0.26-0.910.15-0.220.59-0.9-0.97-0.98
-0.790.760.97-0.590.950.95-0.77-0.780.68-0.91-0.80.020.90.57-0.89-0.160.830.490.94-0.050.73-0.750.950.740.86
-0.20.860.82-0.150.560.56-0.95-0.140.68-0.49-0.5-0.070.90.98-0.57-0.110.710.430.54-0.021.0-0.450.560.060.3
0.95-0.52-0.880.76-0.92-0.930.610.82-0.91-0.490.83-0.3-0.74-0.410.940.09-0.74-0.38-0.93-0.01-0.550.84-0.92-0.84-0.89
0.76-0.61-0.810.91-0.81-0.820.590.66-0.8-0.50.83-0.19-0.7-0.430.79-0.42-0.66-0.33-0.8-0.51-0.550.98-0.81-0.68-0.75
-0.37-0.40.03-0.46-0.08-0.070.110.120.02-0.07-0.3-0.19-0.090.03-0.480.27-0.07-0.08-0.070.28-0.07-0.39-0.080.04-0.08
-0.530.930.96-0.380.830.83-0.97-0.530.90.9-0.74-0.7-0.090.85-0.75-0.160.730.330.82-0.050.91-0.630.830.410.62
-0.120.810.74-0.110.440.45-0.93-0.010.570.98-0.41-0.430.030.85-0.52-0.060.560.270.420.020.96-0.410.44-0.080.15
0.86-0.48-0.870.72-0.79-0.80.620.63-0.89-0.570.940.79-0.48-0.75-0.520.02-0.71-0.41-0.8-0.08-0.620.84-0.79-0.66-0.72
0.06-0.07-0.1-0.55-0.18-0.160.150.23-0.16-0.110.09-0.420.27-0.16-0.060.02-0.15-0.12-0.190.99-0.12-0.45-0.18-0.13-0.18
-0.570.640.85-0.420.780.78-0.65-0.560.830.71-0.74-0.66-0.070.730.56-0.71-0.150.860.78-0.050.77-0.610.780.60.72
-0.260.270.48-0.170.390.4-0.25-0.260.490.43-0.38-0.33-0.080.330.27-0.41-0.120.860.39-0.070.5-0.30.390.380.42
-0.860.70.9-0.621.01.0-0.69-0.910.940.54-0.93-0.8-0.070.820.42-0.8-0.190.780.39-0.090.6-0.741.00.860.96
-0.020.020.01-0.62-0.08-0.050.050.15-0.05-0.02-0.01-0.510.28-0.050.02-0.080.99-0.05-0.07-0.09-0.03-0.54-0.08-0.06-0.09
-0.270.870.86-0.20.620.62-0.95-0.220.731.0-0.55-0.55-0.070.910.96-0.62-0.120.770.50.6-0.03-0.50.620.150.38
0.79-0.49-0.770.95-0.74-0.750.530.59-0.75-0.450.840.98-0.39-0.63-0.410.84-0.45-0.61-0.3-0.74-0.54-0.5-0.74-0.64-0.69
-0.840.720.91-0.611.01.0-0.71-0.90.950.56-0.92-0.81-0.080.830.44-0.79-0.180.780.391.0-0.080.62-0.740.840.95
-0.910.270.6-0.680.840.84-0.22-0.970.740.06-0.84-0.680.040.41-0.08-0.66-0.130.60.380.86-0.060.15-0.640.840.96
-0.890.510.77-0.650.950.95-0.45-0.980.860.3-0.89-0.75-0.080.620.15-0.72-0.180.720.420.96-0.090.38-0.690.950.96
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Advent Technologies Account Relationship Matchups

Advent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets226.0M93.9M163.0M89.6M34.7M33.0M
Other Current Liab1.3M(2.2M)6.4M2.1M2.4M1.7M
Total Current Liabilities1.3M3.2M18.9M13.7M11.9M9.0M
Total Stockholder Equity5.0M5.0M130.2M64.1M13.4M12.8M
Net Debt(20.4K)2.7M(79.6M)(20.8M)(18.7M)(19.6M)
Retained Earnings3.2M2.2M(33.4M)(107.8M)(179.2M)(170.2M)
Accounts Payable25.5K881.4K4.8M4.7M5.1M2.9M
Cash520.4K24.9K79.8M32.9M3.6M3.4M
Non Current Assets Total225.4M93.3M65.7M40.1M25.9M24.6M
Non Currrent Assets Other(85.0K)91.4M2.5M6.0M1.1M1.0M
Cash And Short Term Investments520.4K24.9K79.8M32.9M37.8M25.1M
Net Receivables368.4K1.0M9.2M2.4M191K181.5K
Liabilities And Stockholders Equity226.0M93.9M163.0M89.6M80.6M127.1M
Non Current Liabilities Total219.7M85.7M14.0M11.8M9.4M8.9M
Inventory32.4K107.9K7.0M12.6M2.7M4.1M
Other Current Assets57.1K24.5K406.9K2.5M10K9.5K
Other Stockholder Equity1.8M11.0M164.9M174.5M200.7M210.7M
Total Liab221.0M88.9M32.8M25.4M21.3M20.2M
Total Current Assets577.5K582.5K97.4M49.5M8.8M8.4M
Common Stock672.0701.05.1K5K4.5K4.3K
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:
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.