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AvidXchange (AVDX)

(Delayed Data from NSDQ)

$11.96 USD

11.96
633,184

+0.13 (1.10%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $11.97 +0.01 (0.08%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value A Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (65 out of 252)

Industry: Internet - Software

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Better trading starts here.

Balance Sheet

Research for AVDX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for AvidXchange Holdings, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,030 1,745 1,805 390 277
Receivables 56 50 42 34 24
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 12 13 10 9 7
Total Current Assets 2,099 1,808 1,858 432 308
Net Property & Equipment 101 104 106 87 82
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 28 28 28 24 21
Intangibles 251 265 266 178 160
Deposits & Other Assets 4 5 4 2 2
Total Assets 2,484 2,212 2,266 727 574
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 17 13 17 25 11
Current Portion Long-Term Debt 6 6 5 1 1
Current Portion Capital Leases 0 0 1 1 1
Accrued Expenses 56 74 56 40 31
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,592 1,296 1,253 144 55
Total Current Liabilities 1,673 1,391 1,332 213 100
Mortgages 0 0 0 0 0
Deferred Taxes/Income 15 17 20 2 6
Convertible Debt 0 0 0 0 0
Long-Term Debt 70 76 120 98 94
Non-Current Capital Leases 62 62 61 73 61
Other Non-Current Liabilities 4 3 6 15 5
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,827 1,555 1,543 405 265
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 833 721
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,678 1,632 1,595 161 12
Retained Earnings -1,022 -975 -872 -672 -424
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 656 657 723 322 309
Total Liabilities & Shareholder's Equity 2,484 2,212 2,266 727 574
Total Common Equity 656 657 723 -511 -412
Shares Outstanding 203.10 198.70 196.20 NA NA
Book Value Per Share 3.23 3.31 3.69 0.01 0.00

Fiscal Year End for AvidXchange Holdings, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,030 1,667 1,628 1,483
Receivables NA 56 51 53 53
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 12 13 12 15
Total Current Assets NA 2,099 1,731 1,693 1,551
Net Property & Equipment NA 101 101 102 103
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 28 28 28 28
Intangibles NA 251 255 258 261
Deposits & Other Assets NA 4 4 4 4
Total Assets NA 2,484 2,121 2,087 1,950
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 17 19 17 13
Current Portion Long-Term Debt NA 6 6 6 6
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 56 47 54 52
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 1,592 1,239 1,202 1,063
Total Current Liabilities NA 1,673 1,313 1,281 1,137
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 15 15 17 17
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 70 75 75 76
Non-Current Capital Leases NA 62 62 62 62
Other Non-Current Liabilities NA 3 3 3
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 1,827 1,472 1,443 1,300
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,678 1,666 1,654 1,641
Retained Earnings NA -1,022 -1,018 -1,010 -991
Other Equity NA 0 0 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 656 648 645 651
Total Liabilities & Shareholder's Equity NA 2,484 2,121 2,087 1,950
Total Common Equity 0 656 648 645 651
Shares Outstanding 204.30 203.10 202.10 201.20 201.00
Book Value Per Share 0.00 3.23 3.21 3.20 3.24