Avino Accounts Payable vs Other Assets Analysis
ASM Stock | USD 1.15 0.01 0.88% |
Avino Silver financial indicator trend analysis is way more than just evaluating Avino Silver Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avino Silver Gold is a good investment. Please check the relationship between Avino Silver Accounts Payable and its Other Assets accounts. 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 closely tied with the direction of predictive economic indicators such as signals in state.
Accounts Payable vs Other Assets
Accounts Payable vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avino Silver Gold Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Avino Silver's Accounts Payable and Other Assets is -0.28. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Avino Silver Gold, assuming nothing else is changed. The correlation between historical values of Avino Silver's Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Avino Silver Gold are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Avino Silver's Accounts Payable and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Avino Silver obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Avino Silver Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Other Assets
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 closely tied 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 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 6.1 M, while Tax Provision is likely to drop about 171.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 76K | 372K | 381K | 307.3K | Depreciation And Amortization | 2.1M | 2.1M | 3.0M | 3.2M |
Avino Silver fundamental ratios Correlations
Click cells to compare fundamentals
Avino Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avino Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 72.6M | 68.8M | 86.3M | 121.2M | 129.7M | 136.2M | |
Short Long Term Debt Total | 7.3M | 3.1M | 1.1M | 6.7M | 3.5M | 5.8M | |
Other Current Liab | 178K | 154K | 361.4K | 503K | 187.7K | 178.3K | |
Total Current Liabilities | 9.6M | 5.0M | 3.8M | 16.8M | 13.8M | 14.5M | |
Total Stockholder Equity | 53.9M | 59.0M | 78.5M | 98.0M | 105.5M | 110.7M | |
Property Plant And Equipment Net | 45.5M | 44.9M | 46.7M | 93.9M | 52.8M | 29.4M | |
Net Debt | (2.3M) | (8.6M) | (23.7M) | (4.6M) | 766K | 804.3K | |
Retained Earnings | (47.2M) | (54.3M) | (56.0M) | (52.0M) | (51.2M) | (48.6M) | |
Accounts Payable | 4.9M | 2.1M | 3.1M | 9.5M | 11.7M | 12.3M | |
Cash | 9.6M | 11.7M | 24.8M | 11.2M | 2.7M | 2.5M | |
Non Current Assets Total | 49.8M | 49.1M | 50.8M | 95.6M | 106.3M | 111.6M | |
Cash And Short Term Investments | 9.6M | 11.7M | 24.8M | 11.2M | 2.7M | 2.6M | |
Net Receivables | 7.0M | 5.6M | 4.6M | 2.7M | 10.0M | 10.5M | |
Common Stock Shares Outstanding | 70.0M | 83.2M | 100.2M | 117.6M | 125.3M | 131.6M | |
Liabilities And Stockholders Equity | 72.6M | 68.8M | 86.3M | 121.2M | 129.7M | 136.2M | |
Non Current Liabilities Total | 9.1M | 4.8M | 3.9M | 6.4M | 10.5M | 6.2M | |
Other Current Assets | 594K | 757K | 962K | 5.4M | 2.0M | 2.1M | |
Total Liab | 18.6M | 9.8M | 7.8M | 23.2M | 24.2M | 25.5M | |
Property Plant And Equipment Gross | 45.5M | 44.9M | 69.7M | 118.9M | 130.4M | 137.0M | |
Total Current Assets | 22.8M | 19.7M | 35.5M | 25.6M | 23.5M | 11.9M | |
Other Liab | 16.4M | 6.0M | 4.5M | 3.2M | 3.7M | 3.5M | |
Net Tangible Assets | 75.2M | 53.9M | 59.0M | 78.5M | 90.3M | 94.8M | |
Long Term Debt | 5.1M | 6.3M | 2.6M | 195K | 224.3K | 213.0K | |
Common Stock Total Equity | 81.5M | 88.0M | 96.4M | 108.3M | 124.5M | 130.8M | |
Inventory | 5.6M | 1.7M | 5.2M | 6.3M | 8.8M | 9.3M | |
Long Term Investments | 3.2M | 4.2M | 3.9M | 1.7M | 934K | 629.7K | |
Short Long Term Debt | 1.5M | 3.6M | 72K | 4.9M | 164K | 155.8K | |
Accumulated Other Comprehensive Income | 4.8M | 5.1M | 4.6M | 4.6M | 5.8M | 3.9M | |
Short Term Debt | 4.3M | 2.8M | 389K | 5.9M | 1.8M | 1.7M | |
Common Stock | 96.4M | 108.3M | 130.0M | 145.5M | 151.7M | 159.3M | |
Property Plant Equipment | 45.5M | 44.9M | 46.7M | 93.9M | 107.9M | 113.3M | |
Long Term Debt Total | 3.0M | 278K | 680K | 745K | 670.5K | 637.0K | |
Capital Lease Obligations | 1.1M | 486K | 1.1M | 1.7M | 3.1M | 3.2M |
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Is Precious Metals & Minerals 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 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 (0.03) | Earnings Share 0.02 | Revenue Per Share 0.407 | Quarterly Revenue Growth 0.604 | Return On Assets 0.0203 |
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.