Avant Total Current Liabilities vs Net Tangible Assets Analysis
AVNT Stock | 0.68 0.01 1.45% |
Avant Brands financial indicator trend analysis is way more than just evaluating Avant Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avant Brands is a good investment. Please check the relationship between Avant Brands Total Current Liabilities and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avant Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Current Liabilities vs Net Tangible Assets
Total Current Liabilities vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avant Brands Total Current Liabilities account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Avant Brands' Total Current Liabilities and Net Tangible Assets is 0.66. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Avant Brands, assuming nothing else is changed. The correlation between historical values of Avant Brands' Total Current Liabilities and Net Tangible 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 Total Current Liabilities of Avant Brands are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Liabilities i.e., Avant Brands' Total Current Liabilities and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Avant Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Avant Brands 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.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Avant Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avant Brands 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 Avant Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 6th of August 2025, Selling General Administrative is likely to grow to about 11.3 M, while Discontinued Operations is likely to drop (97.3 K).
Avant Brands fundamental ratios Correlations
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Avant Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avant Brands fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 40.8M | 50.6M | 67.0M | 82.6M | 59.5M | 32.7M | |
Other Current Liab | 596K | 782K | 2.7M | 1.3M | 1.5M | 1.4M | |
Total Current Liabilities | 5.9M | 2.4M | 3.3M | 21.2M | 15.0M | 15.7M | |
Total Stockholder Equity | 28.4M | 47.9M | 43.9M | 49.3M | 32.9M | 22.9M | |
Net Debt | 6.9M | (13.7M) | (3.8M) | 17.9M | 5.1M | 5.3M | |
Retained Earnings | (40.4M) | (51.7M) | (59.3M) | (65.9M) | (88.0M) | (83.6M) | |
Cash | 625K | 14.3M | 6.8M | 772K | 1.7M | 2.3M | |
Non Current Assets Total | 30.5M | 24.4M | 39.5M | 47.4M | 33.2M | 30.6M | |
Non Currrent Assets Other | 314K | 302K | (24.4M) | (39.5M) | (35.6M) | (33.8M) | |
Cash And Short Term Investments | 625K | 14.5M | 6.8M | 794K | 1.7M | 2.4M | |
Net Receivables | 2.1M | 2.3M | 4.4M | 3.8M | 6.7M | 7.1M | |
Common Stock Shares Outstanding | 134.6M | 182.1M | 201.2M | 250.6M | 10.6M | 10.1M | |
Liabilities And Stockholders Equity | 40.8M | 50.6M | 67.0M | 82.6M | 59.5M | 32.7M | |
Total Liab | 12.4M | 2.7M | 18.8M | 33.2M | 26.6M | 27.9M | |
Total Current Assets | 10.3M | 26.2M | 27.5M | 35.2M | 26.2M | 27.5M | |
Common Stock | 62.2M | 92.7M | 94.5M | 104.6M | 109.8M | 115.3M | |
Other Stockholder Equity | 6.5M | 6.9M | 8.7M | 10.7M | 12.3M | 12.9M | |
Short Long Term Debt Total | 7.5M | 623K | 3.0M | 18.7M | 21.5M | 22.6M | |
Accounts Payable | 2.5M | 2.1M | 2.7M | 13.0M | 8.4M | 8.8M | |
Short Term Debt | 0.0 | 7.2M | 2.2M | 322K | 611K | 8.2M | |
Long Term Debt Total | 5.3M | 301K | 2.4M | 10.5M | 11.6M | 12.2M | |
Capital Surpluse | 6.5M | 6.9M | 8.7M | 10.7M | 11.1M | 6.7M | |
Net Tangible Assets | 18.8M | 19.2M | 44.5M | 34.0M | 39.1M | 24.9M | |
Property Plant And Equipment Net | 18.3M | 17.1M | 28.7M | 39.3M | 31.8M | 23.3M | |
Current Deferred Revenue | 602K | (782K) | (2.7M) | (1.3M) | (1.5M) | (1.6M) | |
Non Current Liabilities Total | 6.5M | 301K | 15.5M | 12.0M | 11.6M | 7.1M | |
Inventory | 6.9M | 8.1M | 14.6M | 28.9M | 10.0M | 9.7M | |
Other Current Assets | 792K | 1.2M | 1.7M | 1.6M | 6.7M | 7.0M | |
Net Invested Capital | 35.0M | 47.9M | 43.9M | 56.2M | 39.7M | 41.9M | |
Net Working Capital | 4.4M | 23.8M | 24.2M | 14.0M | 11.3M | 10.8M | |
Property Plant Equipment | 18.3M | 17.1M | 28.7M | 39.3M | 31.8M | 23.3M | |
Long Term Investments | 1.7M | 2.7M | 4.0M | 1M | 1.2M | 1.1M | |
Capital Stock | 62.2M | 92.7M | 94.5M | 104.6M | 109.8M | 88.9M | |
Cash And Equivalents | 625K | 14.3M | 6.8M | 772K | 1.7M | 1.7M | |
Intangible Assets | 8.1M | 3.2M | 3.9M | 2.1M | 1.4M | 1.4M |
Other Information on Investing in Avant Stock
Balance Sheet is a snapshot of the financial position of Avant Brands at a specified time, usually calculated after every quarter, six months, or one year. Avant Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avant Brands and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avant currently owns. An asset can also be divided into two categories, current and non-current.