Advent Common Stock vs Net Invested Capital Analysis

ADNWW Stock  USD 0.01  0  15.91%   
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 Common Stock and its Net Invested Capital 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 housing.

Common Stock vs Net Invested Capital

Common Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advent Technologies Common Stock account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Advent Technologies' Common Stock and Net Invested Capital is -0.5. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Invested Capital 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' Common Stock and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Advent Technologies Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock i.e., Advent Technologies' Common Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 housing.
At this time, Advent Technologies' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 9.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses45.8M45.8M62.3M34.4M
Cost Of Revenue5.4M8.6M18.3M19.2M

Advent Technologies fundamental ratios Correlations

-0.70.80.890.87-0.530.71-0.02-0.270.79-0.91-0.08-0.89-0.930.37-0.82-0.210.95-0.34-0.12-0.950.90.92-0.6-0.3-0.86
-0.7-0.56-0.68-0.870.96-0.670.010.86-0.770.60.690.770.88-0.890.970.82-0.880.020.740.85-0.86-0.920.850.510.91
0.8-0.560.640.72-0.380.96-0.62-0.20.95-0.680.04-0.65-0.710.26-0.61-0.150.76-0.44-0.11-0.780.760.73-0.43-0.22-0.63
0.89-0.680.640.67-0.550.60.1-0.250.64-0.97-0.31-0.98-0.920.38-0.83-0.180.850.11-0.04-0.80.70.82-0.61-0.3-0.92
0.87-0.870.720.67-0.750.71-0.07-0.610.84-0.67-0.26-0.73-0.870.63-0.89-0.570.95-0.46-0.51-0.960.990.95-0.71-0.45-0.81
-0.530.96-0.38-0.55-0.75-0.54-0.050.91-0.630.410.830.620.76-0.970.890.9-0.74-0.10.850.72-0.73-0.80.730.360.82
0.71-0.670.960.60.71-0.54-0.67-0.40.98-0.6-0.2-0.63-0.720.46-0.68-0.360.75-0.29-0.31-0.760.740.75-0.53-0.27-0.67
-0.020.01-0.620.1-0.07-0.05-0.67-0.03-0.54-0.06-0.17-0.09-0.030.04-0.05-0.01-0.030.280.020.06-0.09-0.02-0.06-0.03-0.08
-0.270.86-0.2-0.25-0.610.91-0.4-0.03-0.50.150.80.380.54-0.950.721.0-0.55-0.060.960.53-0.6-0.630.760.520.6
0.79-0.770.950.640.84-0.630.98-0.54-0.5-0.64-0.23-0.69-0.80.54-0.77-0.460.85-0.37-0.41-0.860.860.85-0.63-0.36-0.75
-0.910.6-0.68-0.97-0.670.41-0.6-0.060.15-0.640.120.960.89-0.230.760.07-0.840.02-0.080.79-0.7-0.80.630.410.86
-0.080.690.04-0.31-0.260.83-0.2-0.170.8-0.230.120.370.42-0.870.590.81-0.32-0.590.760.26-0.24-0.40.520.210.56
-0.890.77-0.65-0.98-0.730.62-0.63-0.090.38-0.690.960.370.96-0.460.880.3-0.89-0.10.150.83-0.75-0.870.740.450.96
-0.930.88-0.71-0.92-0.870.76-0.72-0.030.54-0.80.890.420.96-0.620.950.48-0.980.090.360.95-0.9-0.970.780.440.98
0.37-0.890.260.380.63-0.970.460.04-0.950.54-0.23-0.87-0.46-0.62-0.77-0.950.620.12-0.93-0.60.630.69-0.66-0.28-0.69
-0.820.97-0.61-0.83-0.890.89-0.68-0.050.72-0.770.760.590.880.95-0.770.66-0.930.00.560.89-0.88-0.950.830.510.96
-0.210.82-0.15-0.18-0.570.9-0.36-0.011.0-0.460.070.810.30.48-0.950.66-0.49-0.060.980.48-0.55-0.580.70.450.54
0.95-0.880.760.850.95-0.740.75-0.03-0.550.85-0.84-0.32-0.89-0.980.62-0.93-0.49-0.28-0.41-0.990.971.0-0.76-0.43-0.93
-0.340.02-0.440.11-0.46-0.1-0.290.28-0.06-0.370.02-0.59-0.10.090.120.0-0.06-0.280.030.38-0.47-0.25-0.06-0.03-0.08
-0.120.74-0.11-0.04-0.510.85-0.310.020.96-0.41-0.080.760.150.36-0.930.560.98-0.410.030.42-0.5-0.490.550.290.42
-0.950.85-0.78-0.8-0.960.72-0.760.060.53-0.860.790.260.830.95-0.60.890.48-0.990.380.42-0.98-0.990.70.360.89
0.9-0.860.760.70.99-0.730.74-0.09-0.60.86-0.7-0.24-0.75-0.90.63-0.88-0.550.97-0.47-0.5-0.980.97-0.72-0.43-0.83
0.92-0.920.730.820.95-0.80.75-0.02-0.630.85-0.8-0.4-0.87-0.970.69-0.95-0.581.0-0.25-0.49-0.990.97-0.79-0.45-0.94
-0.60.85-0.43-0.61-0.710.73-0.53-0.060.76-0.630.630.520.740.78-0.660.830.7-0.76-0.060.550.7-0.72-0.790.860.8
-0.30.51-0.22-0.3-0.450.36-0.27-0.030.52-0.360.410.210.450.44-0.280.510.45-0.43-0.030.290.36-0.43-0.450.860.43
-0.860.91-0.63-0.92-0.810.82-0.67-0.080.6-0.750.860.560.960.98-0.690.960.54-0.93-0.080.420.89-0.83-0.940.80.43
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Advent Technologies Account Relationship Matchups

Advent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets226.0M93.9M163.0M89.6M34.7M33.0M
Total Current Liabilities1.3M3.2M18.9M13.7M11.9M9.0M
Total Stockholder Equity5.0M5.0M130.2M64.1M13.4M12.8M
Retained Earnings3.2M2.2M(33.4M)(107.8M)(179.2M)(170.2M)
Cash And Short Term Investments520.4K24.9K79.8M32.9M37.8M25.1M
Total Liab221.0M88.9M32.8M25.4M21.3M20.2M
Total Current Assets577.5K582.5K97.4M49.5M8.8M8.4M
Common Stock672.0701.05.1K5K4.5K4.3K

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When running Advent Technologies' price analysis, check to measure Advent Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advent Technologies is operating at the current time. Most of Advent Technologies' value examination focuses on studying past and present price action to predict the probability of Advent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advent Technologies' price. Additionally, you may evaluate how the addition of Advent Technologies to your portfolios can decrease your overall portfolio volatility.