Grupo Other Current Assets from 2010 to 2024

AVAL Stock  USD 2.12  0.05  2.42%   
Grupo Aval Other Current Assets yearly trend continues to be quite stable with very little volatility. The value of Other Current Assets are projected to decrease to about 43.2 T. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2011-12-31
Previous Quarter
67.7 T
Current Value
-30.8 T
Quarterly Volatility
58.5 T
 
Yuan Drop
 
Covid
Check Grupo Aval financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo Aval's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 T, Interest Expense of 23.8 T or Selling General Administrative of 6.5 T, as well as many indicators such as Price To Sales Ratio of 20.03, Dividend Yield of 0.0033 or PTB Ratio of 6.93. Grupo financial statements analysis is a perfect complement when working with Grupo Aval Valuation or Volatility modules.
  
Check out the analysis of Grupo Aval Correlation against competitors.
For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.

Latest Grupo Aval's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Grupo Aval over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Grupo Aval's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Aval's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Grupo Other Current Assets Regression Statistics

Arithmetic MeanHuge
Geometric Mean2,472,036,523,073
Coefficient Of Variation87.76
Mean DeviationHuge
MedianHuge
Standard DeviationHuge
Sample Variance2146442173558770.5T
Range134.8T
R-Value(0.40)
Mean Square Error1934468653362242.2T
R-Squared0.16
Significance0.14
Slope(4,184,195,577,286)
Total Sum of Squares30050190429822800T

Grupo Other Current Assets History

202443.2 T
202362.4 T
202254.1 T
2021219 M
2020590.4 B
2019654 M
20182.1 B

About Grupo Aval Financial Statements

Grupo Aval investors utilize fundamental indicators, such as Other Current Assets, to predict how Grupo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets62.4 T43.2 T

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Grupo Aval is a strong investment it is important to analyze Grupo Aval'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 Grupo Aval's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:
Check out the analysis of Grupo Aval Correlation against competitors.
For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Banks space 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 Grupo Aval. If investors know Grupo 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 Grupo Aval 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
0.229
Earnings Share
0.16
Revenue Per Share
9.1 K
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0052
The market value of Grupo Aval is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Aval's value that differs from its market value or its book value, called intrinsic value, which is Grupo Aval'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 Grupo Aval's market value can be influenced by many factors that don't directly affect Grupo Aval'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 Grupo Aval's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Aval is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Aval'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.