Avino Investments Non Current vs Debt Non Current Analysis

ASM Stock  USD 0.59  0.01  1.72%   
Trend analysis of Avino Silver Gold balance sheet accounts such as Short Long Term Debt Total of 5.8 M, Other Current Liabilities of 567.5 K or Total Current Liabilities of 14.4 M provides information on Avino Silver's total assets, liabilities, and equity, which is the actual value of Avino Silver Gold to its prevalent stockholders. By breaking down trends over time using Avino Silver balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avino Silver Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About Avino Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Avino Silver Gold at a specified time, usually calculated after every quarter, six months, or one year. Avino Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avino Silver 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 Avino currently owns. An asset can also be divided into two categories, current and non-current.

Avino Silver Balance Sheet Chart

Avino Silver Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Avino Silver Gold uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Avino Silver's Accounts Payable is very stable compared to the past year. As of the 28th of March 2024, Non Current Assets Total is likely to grow to about 111.6 M, though Retained Earnings are likely to grow to (48.6 M).

Total Assets

Total assets refers to the total amount of Avino Silver assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Avino Silver Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Avino Silver balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Avino Silver Gold 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.
Most indicators from Avino Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avino Silver Gold 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 Avino Silver Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Avino Silver's Selling General Administrative is very stable compared to the past year. As of the 28th of March 2024, Issuance Of Capital Stock is likely to grow to about 6.1 M, while Discontinued Operations is likely to drop (159.7 K).
 2021 2022 2023 2024 (projected)
Interest Expense76K372K470.5K311.0K
Depreciation And Amortization2.1M2.2M3.0M3.2M

Avino Silver fundamental ratios Correlations

0.480.040.90.980.730.15-0.50.880.130.980.570.170.920.860.480.91-0.410.790.960.670.490.960.170.880.92
0.480.480.640.290.630.660.280.21-0.060.43-0.090.140.60.060.860.43-0.340.870.290.50.840.410.410.220.53
0.040.480.26-0.050.220.390.220.03-0.120.08-0.12-0.170.05-0.090.260.08-0.050.290.05-0.080.16-0.020.1-0.13-0.01
0.90.640.260.840.730.39-0.340.86-0.030.910.480.060.830.720.50.83-0.430.840.870.540.460.820.090.720.81
0.980.29-0.050.840.64-0.03-0.640.90.220.960.620.210.850.940.290.88-0.360.630.970.640.320.960.080.920.85
0.730.630.220.730.640.24-0.190.460.210.69-0.090.240.690.470.690.63-0.390.780.580.730.70.70.350.580.7
0.150.660.390.39-0.030.240.60.16-0.790.240.12-0.610.38-0.240.670.27-0.230.630.12-0.180.560.020.33-0.130.33
-0.50.280.22-0.34-0.64-0.190.6-0.54-0.53-0.47-0.39-0.36-0.31-0.840.37-0.40.190.05-0.54-0.390.29-0.570.27-0.77-0.27
0.880.210.030.860.90.460.16-0.54-0.10.930.79-0.110.760.870.170.82-0.330.580.960.330.120.81-0.120.780.79
0.13-0.06-0.12-0.030.220.21-0.79-0.53-0.1-0.02-0.310.94-0.060.3-0.17-0.050.03-0.150.020.66-0.040.26-0.090.3-0.05
0.980.430.080.910.960.690.24-0.470.93-0.020.640.00.910.850.440.92-0.40.770.980.530.430.920.140.850.91
0.57-0.09-0.120.480.62-0.090.12-0.390.79-0.310.64-0.310.510.65-0.080.61-0.120.250.73-0.04-0.140.51-0.160.520.51
0.170.14-0.170.060.210.24-0.61-0.36-0.110.940.0-0.310.00.220.01-0.03-0.010.010.010.740.120.26-0.090.250.0
0.920.60.050.830.850.690.38-0.310.76-0.060.910.510.00.70.650.89-0.450.860.830.60.680.90.390.810.94
0.860.06-0.090.720.940.47-0.24-0.840.870.30.850.650.220.70.00.77-0.350.390.90.520.040.88-0.080.930.68
0.480.860.260.50.290.690.670.370.17-0.170.44-0.080.010.650.00.46-0.330.880.280.520.960.430.540.210.64
0.910.430.080.830.880.630.27-0.40.82-0.050.920.61-0.030.890.770.46-0.440.740.910.510.440.870.40.780.87
-0.41-0.34-0.05-0.43-0.36-0.39-0.230.19-0.330.03-0.4-0.12-0.01-0.45-0.35-0.33-0.44-0.43-0.35-0.31-0.3-0.5-0.12-0.56-0.46
0.790.870.290.840.630.780.630.050.58-0.150.770.250.010.860.390.880.74-0.430.650.580.840.710.390.520.84
0.960.290.050.870.970.580.12-0.540.960.020.980.730.010.830.90.280.91-0.350.650.480.260.90.060.840.86
0.670.5-0.080.540.640.73-0.18-0.390.330.660.53-0.040.740.60.520.520.51-0.310.580.480.590.720.260.640.6
0.490.840.160.460.320.70.560.290.12-0.040.43-0.140.120.680.040.960.44-0.30.840.260.590.460.620.270.64
0.960.41-0.020.820.960.70.02-0.570.810.260.920.510.260.90.880.430.87-0.50.710.90.720.460.170.930.87
0.170.410.10.090.080.350.330.27-0.12-0.090.14-0.16-0.090.39-0.080.540.4-0.120.390.060.260.620.170.040.36
0.880.22-0.130.720.920.58-0.13-0.770.780.30.850.520.250.810.930.210.78-0.560.520.840.640.270.930.040.76
0.920.53-0.010.810.850.70.33-0.270.79-0.050.910.510.00.940.680.640.87-0.460.840.860.60.640.870.360.76
Click cells to compare fundamentals

Avino Silver Account Relationship Matchups

Avino Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets72.6M68.8M86.3M121.2M129.7M136.2M
Short Long Term Debt Total7.3M3.1M1.1M6.7M3.1M5.8M
Other Current Liab178K161K194K1.4M289.5K567.5K
Total Current Liabilities9.6M5.0M3.8M16.8M13.7M14.4M
Total Stockholder Equity53.9M59.0M78.5M98.0M105.5M110.7M
Property Plant And Equipment Net45.5M44.9M46.7M93.9M52.8M29.4M
Net Debt(2.3M)(8.6M)(23.7M)(4.6M)404.9K425.2K
Retained Earnings(47.2M)(54.3M)(56.0M)(52.0M)(51.2M)(48.6M)
Accounts Payable4.9M2.1M3.3M9.5M11.8M12.4M
Cash9.6M11.7M24.8M11.2M2.7M2.5M
Non Current Assets Total49.8M49.1M50.8M95.6M106.3M111.6M
Cash And Short Term Investments9.6M11.7M24.8M11.2M2.7M2.5M
Net Receivables7.0M5.6M4.6M6.4M10.0M10.5M
Common Stock Shares Outstanding70.0M83.2M100.2M117.6M125.3M131.6M
Liabilities And Stockholders Equity72.6M68.8M86.3M121.2M129.7M136.2M
Non Current Liabilities Total9.1M4.8M3.9M6.4M10.5M6.2M
Other Current Assets594K757K962K1.7M2.0M2.1M
Total Liab18.6M9.8M7.8M23.2M24.2M25.5M
Property Plant And Equipment Gross45.5M44.9M69.7M118.9M136.8M143.6M
Total Current Assets22.8M19.7M35.5M25.6M23.4M11.9M
Other Liab16.4M6.0M4.5M3.2M3.7M3.5M
Net Tangible Assets75.2M53.9M59.0M78.5M90.3M94.8M
Common Stock Total Equity81.5M88.0M96.4M108.3M124.5M130.8M
Inventory5.6M1.7M5.2M6.3M8.8M9.2M
Long Term Investments3.2M4.2M3.9M1.7M2.0M2.1M
Short Long Term Debt1.5M3.6M72K4.9M5.7M5.9M
Accumulated Other Comprehensive Income4.8M5.1M4.6M4.6M5.8M3.9M
Short Term Debt4.3M2.8M389K5.9M1.6M1.7M
Common Stock96.4M108.3M130.0M145.5M150.9M158.5M
Property Plant Equipment45.5M44.9M46.7M93.9M107.9M113.3M
Long Term Debt Total3.0M278K680K745K670.5K637.0K
Capital Lease Obligations1.1M486K1.1M1.7M1.5M1.3M
Net Invested Capital56.7M59.1M78.5M102.9M118.4M83.2M

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

  0.78BVN Compania De Minas Financial Report 25th of April 2024 PairCorr
  0.89EXK Endeavour Silver Corp Buyout TrendPairCorr

Moving against Avino Stock

  0.74X United States Steel Financial Report 25th of April 2024 PairCorr
  0.68AUMN Golden Minerals Financial Report 8th of May 2024 PairCorr
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 instruments. 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Avino Silver Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Avino Stock analysis

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.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Is Avino Silver's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avino Silver. If investors know Avino will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avino Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
0.01
Revenue Per Share
0.362
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0015
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.