Avient Corp financial data

Symbol
AVNT on NYSE
Industry
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Location
33587 Walker Road, Avon Lake, Ohio
Fiscal year end
December 31
Former names
POLYONE CORP (to 6/26/2020)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 189 % +27.6%
Quick Ratio 46.8 % +34.7%
Return On Equity 4.51 % -85.4%
Return On Assets 1.78 % -83.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 91.3 M shares +0.2%
Entity Public Float 3.7 B USD +2.78%
Common Stock, Value, Issued 1.2 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 91.2 M shares +0.22%
Weighted Average Number of Shares Outstanding, Diluted 92 M shares +0.22%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.13 B USD -6.7%
Research and Development Expense 90.3 M USD +6.36%
Operating Income (Loss) 234 M USD +17.9%
Nonoperating Income (Expense) 4.2 M USD -229%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 125 M USD +1441%
Income Tax Expense (Benefit) 20.1 M USD +118%
Net Income (Loss) Attributable to Parent 105 M USD -83.5%
Earnings Per Share, Basic 1.15 USD/shares -83.6%
Earnings Per Share, Diluted 1.15 USD/shares -83.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 475 M USD -1.88%
Inventory, Net 354 M USD -4.81%
Other Assets, Current 117 M USD -6.54%
Assets, Current 1.39 B USD -11.1%
Property, Plant and Equipment, Net 1.02 B USD -2.3%
Operating Lease, Right-of-Use Asset 65.3 M USD +8.11%
Intangible Assets, Net (Excluding Goodwill) 1.55 B USD -3.45%
Goodwill 1.7 B USD +0.62%
Other Assets, Noncurrent 217 M USD +3.48%
Assets 5.88 B USD -3.85%
Accounts Payable, Current 428 M USD -4.42%
Accrued Liabilities, Current 294 M USD -24%
Liabilities, Current 732 M USD -12.6%
Deferred Income Tax Liabilities, Net 280 M USD -15.8%
Operating Lease, Liability, Noncurrent 43.2 M USD +5.62%
Other Liabilities, Noncurrent 391 M USD +18.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -87.4 M USD -15.3%
Retained Earnings (Accumulated Deficit) 1.81 B USD -0.84%
Stockholders' Equity Attributable to Parent 2.32 B USD -1.21%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.34 B USD -1.3%
Liabilities and Equity 5.88 B USD -3.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -42.8 M USD -92.8%
Net Cash Provided by (Used in) Financing Activities -28.1 M USD -9.77%
Net Cash Provided by (Used in) Investing Activities -24.5 M USD -88.5%
Common Stock, Shares Authorized 400 M shares 0%
Common Stock, Shares, Issued 122 M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -102 M USD -73.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 444 M USD -23.8%
Deferred Tax Assets, Valuation Allowance 39.6 M USD +12.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 329 M USD +34.3%
Operating Lease, Liability 59.8 M USD +3.28%
Depreciation 109 M USD +10.2%
Payments to Acquire Property, Plant, and Equipment 24.4 M USD +20.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 51.6 M USD -91.8%
Lessee, Operating Lease, Liability, to be Paid 69.5 M USD +7.42%
Property, Plant and Equipment, Gross 1.92 B USD +1.7%
Operating Lease, Liability, Current 16.6 M USD -2.35%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13.8 M USD +7.81%
Lessee, Operating Lease, Liability, to be Paid, Year One 20.3 M USD +3.57%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -61.3 M USD -12360%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.7 M USD +42.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10.1 M USD +23.2%
Deferred Tax Assets, Operating Loss Carryforwards 66 M USD +21.5%
Current Income Tax Expense (Benefit) 72.3 M USD
Unrecognized Tax Benefits 16.9 M USD -33.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.2 M USD +34.4%
Additional Paid in Capital 1.53 B USD +0.61%
Amortization of Intangible Assets 79.8 M USD +25.5%
Depreciation, Depletion and Amortization 43.8 M USD -10.1%
Deferred Tax Assets, Net of Valuation Allowance 289 M USD +38%
Share-based Payment Arrangement, Expense 13.2 M USD 0%