Avino Financial Statements From 2010 to 2024

ASM Stock  CAD 0.62  0.02  3.33%   
Avino Silver financial statements provide useful quarterly and yearly information to potential Avino Silver Gold investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Avino Silver financial statements helps investors assess Avino Silver's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Avino Silver's valuation are summarized below:
Gross Profit
15.3 M
Profit Margin
0.0277
Market Capitalization
74.2 M
Enterprise Value Revenue
1.6629
Revenue
46 M
We have found fourty-eight available fundamental signals for Avino Silver Gold, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Avino Silver's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. At this time, Avino Silver's Revenue Per Employee is very stable as compared to the past year. As of the 29th of February 2024, Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to grow to about 11.1 M, while Net Income Per Employee is likely to drop (80.9 K).

Avino Silver Revenues

42.91 Million

Check Avino Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avino main balance sheet or income statement drivers, such as Direct Expenses of 21.2 M, Net Income of 3.8 M or Operating Income of 9.8 M, as well as many exotic indicators such as Interest Coverage of 77.06, Long Term Debt to Equity of 0.009 or Calculated Tax Rate of 70.08. Avino financial statements analysis is a perfect complement when working with Avino Silver Valuation or Volatility modules.
  
This module can also supplement various Avino Silver Technical models . Check out the analysis of Avino Silver Correlation against competitors.

Avino Silver Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Current Liabilities16.3 M15.1 M8.5 M
Slightly volatile
Total Liabilities18.8 M20.9 M18.8 M
Slightly volatile
Shareholders Equity Attributable to Parent95.2 M88.2 M59.3 M
Slightly volatile
Cash and EquivalentsM10.1 M8.9 M
Slightly volatile
Current Assets20.7 M23 M20.5 M
Slightly volatile
Total Assets88.1 M109.1 M76.4 M
Slightly volatile
Accounts Payable9.2 M8.5 M4.2 M
Slightly volatile
Receivables5.2 M5.8 M5.2 M
Slightly volatile
Inventories5.2 M5.6 M4.8 M
Slightly volatile

Avino Silver Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Weighted Shares Diluted114.2 M105.9 M61.3 M
Slightly volatile
Weighted Shares111.1 M102.9 M60.2 M
Slightly volatile
Revenues42.9 M39.8 M23.6 M
Slightly volatile
Operating Income9.8 M9.1 M2.6 M
Slightly volatile
Net Income3.8 M3.6 M(1.8 M)
Very volatile
Direct Expenses21.2 M26.2 M16.2 M
Slightly volatile

Avino Silver Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Operations11.5 M10.6 M3.6 M
Slightly volatile
Net Cash Flow from Investing(28.4 M)(27.7 M)(10.7 M)
Slightly volatile
Net Cash Flow from Financing(1.1 M)(1 M)5.6 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Sales per Share0.50.440.4141
Pretty Stable
Return on Equity4.354.03(4.0103)
Very volatile
Return on Assets3.73.43(3.1895)
Very volatile
Profit Margin8.698.06(18.0594)
Slightly volatile
Gross Margin37.4239.231.2303
Slightly volatile
Free Cash Flow per Share0.03390.0314(0.0371)
Slightly volatile
Earnings per Diluted Share0.03720.0345(0.0306)
Very volatile
Earnings per Basic Share0.03720.0345(0.0306)
Very volatile
EBITDA Margin32.0229.677.9756
Slightly volatile
Debt to Equity Ratio0.02060.02010.0891
Very volatile
Current Ratio1.811.764.2068
Slightly volatile
Asset Turnover0.440.490.3006
Slightly volatile
Total Assets Per Share1.421.181.3691
Pretty Stable
Cash Flow Per Share0.09710.090.0412
Slightly volatile
Return on Investment10.9110.113.082
Pretty Stable
Operating Margin22.1320.51(2.7396)
Slightly volatile
Calculated Tax Rate70.0868.6463.581
Pretty Stable
Receivables Turnover7.829.265.2373
Pretty Stable
Inventory Turnover3.964.583.9008
Very volatile
PPandE Turnover1.231.270.9326
Pretty Stable
Cash and Equivalents Turnover3.552.823.1026
Pretty Stable
Accounts Payable Turnover8.017.986.2366
Slightly volatile
Interest Coverage77.0689.7969.1857
Slightly volatile
Long Term Debt to Equity0.0090.00870.0467
Pretty Stable
Quick Ratio0.550.541.2206
Pretty Stable
Net Current Assets as percentage of Total Assets8.598.3717.579
Slightly volatile
Revenue to Assets0.290.330.2668
Slightly volatile

Avino Silver Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings Before Interest Taxes and Depreciation Amortization EBITDA11.1 M10.3 M3.9 M
Slightly volatile
Revenue Per Employee363.4 K336.8 K167.1 K
Slightly volatile
Net Income Per Employee(80.9 K)(78.9 K)(40.4 K)
Slightly volatile

Avino Fundamental Market Drivers

Forward Price Earnings9.7276
Cash And Short Term Investments11.2 M

About Avino Silver Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Avino Silver income statement, its balance sheet, and the statement of cash flows. Avino Silver investors use historical funamental indicators, such as Avino Silver's revenue or net income, to determine how well the company is positioned to perform in the future. Although Avino Silver investors may use each financial statement separately, they are all related. The changes in Avino Silver's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avino Silver's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Avino Silver Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avino Silver. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Revenues39.8 M42.9 M
Revenue to Assets 0.33  0.29 
Revenue Per Employee336.8 K363.4 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avino Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avino Silver's short interest history, or implied volatility extrapolated from Avino Silver options trading.

Pair Trading with Avino Silver

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avino Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avino Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avino Stock

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Moving against Avino Stock

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The ability to find closely correlated positions to Avino Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avino Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avino Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avino Silver Gold to buy it.
The correlation of Avino Silver is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avino Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avino Silver Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avino Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Avino Silver Gold is a strong investment it is important to analyze Avino Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avino Silver's future performance. For an informed investment choice regarding Avino Stock, refer to the following important reports:
Check out the analysis of Avino Silver Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Avino Silver's price analysis, check to measure Avino Silver'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 Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avino Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.