Avino Silver Revenue vs. Current Ratio
| ASM Stock | USD 0.71 0.01 0.83% |
Total Revenue | First Reported 1997-03-31 | Previous Quarter 12.3 M | Current Value 12.1 M | Quarterly Volatility 3.9 M |
For Avino Silver profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avino Silver to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avino Silver Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avino Silver's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avino Silver Gold over time as well as its relative position and ranking within its peers.
Avino |
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) | Revenue Per Share 0.362 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0015 | Return On Equity 0.0053 |
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.
Avino Silver Gold Current Ratio vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avino Silver's current stock value. Our valuation model uses many indicators to compare Avino Silver value to that of its competitors to determine the firm's financial worth. Avino Silver Gold is rated below average in revenue category among related companies. It is rated below average in current ratio category among related companies . The ratio of Revenue to Current Ratio for Avino Silver Gold is about 19,379,391 . At this time, Avino Silver's Total Revenue is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Avino Silver by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avino Silver's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avino Silver's earnings, one of the primary drivers of an investment's value.Avino Revenue vs. Competition
Avino Silver Gold is rated below average in revenue category among related companies. Market size based on revenue of Materials industry is presently estimated at about 1.14 Billion. Avino Silver holds roughly 43.99 Million in revenue claiming about 4% of all equities under Materials industry.
Avino Current Ratio vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Avino Silver |
| = | 43.99 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Avino Silver |
| = | 2.27 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Avino Current Ratio Comparison
Avino Silver is currently under evaluation in current ratio category among related companies.
Avino Silver Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avino Silver, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avino Silver will eventually generate negative long term returns. The profitability progress is the general direction of Avino Silver's change in net profit over the period of time. It can combine multiple indicators of Avino Silver, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 5.8 M | 3.9 M | |
| Operating Income | -823.8 K | -782.6 K | |
| Income Before Tax | -519.4 K | -493.4 K | |
| Total Other Income Expense Net | 304.5 K | 319.7 K | |
| Net Income | 551.9 K | 579.5 K | |
| Income Tax Expense | -1.1 M | -1 M | |
| Net Income From Continuing Ops | 1.3 M | 1.3 M | |
| Net Income Applicable To Common Shares | 2.8 M | 2.9 M | |
| Interest Income | 187 K | 177.7 K | |
| Net Interest Income | -286 K | -271.7 K | |
| Change To Netincome | 6.3 M | 6.6 M | |
| Net Income Per Share | 0 | 0 | |
| Income Quality | 2.75 | 2.88 | |
| Net Loss | (1.04) | (0.99) |
Avino Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avino Silver. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Avino Silver position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Avino Silver's important profitability drivers and their relationship over time.
Use Avino Silver in pair-trading
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.Avino Silver Pair Trading
Avino Silver Gold Pair Trading Analysis
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.Use Investing Themes to Complement your Avino Silver position
In addition to having Avino Silver in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Rubber and Plastic Products Theme or any other thematic opportunities.
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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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To fully project Avino Silver's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Avino Silver Gold at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Avino Silver's income statement, its balance sheet, and the statement of cash flows.