AVT Stock | | | USD 57.17 2.59 4.75% |
Avnet financial indicator trend analysis is way more than just evaluating Avnet Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avnet Inc is a good investment. Please check the relationship between Avnet Short Term Debt and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Short Term Debt vs Short Long Term Debt
Short Term Debt vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avnet Inc Short Term Debt account and
Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Avnet's Short Term Debt and Short Long Term Debt is 0.61. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Avnet Inc, assuming nothing else is changed. The correlation between historical values of Avnet's Short Term Debt and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Avnet Inc are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Short Term Debt i.e., Avnet's Short Term Debt and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Avnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avnet Inc 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 Avnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
At this time, Avnet's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 7.63 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.3
B in 2024.
Avnet fundamental ratios Correlations
Click cells to compare fundamentals
Avnet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avnet fundamental ratios Accounts
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Additional Tools for Avnet Stock Analysis
When running Avnet's price analysis, check to
measure Avnet's 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 Avnet is operating at the current time. Most of Avnet's value examination focuses on studying past and present price action to
predict the probability of Avnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avnet's price. Additionally, you may evaluate how the addition of Avnet to your portfolios can decrease your overall portfolio volatility.