Grupo Other Current Assets vs Total Assets Analysis
AVAL Stock | USD 2.11 0.05 2.43% |
Grupo Aval financial indicator trend analysis is much more than just examining Grupo Aval latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Aval is a good investment. Please check the relationship between Grupo Aval Other Current Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grupo Aval. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aval Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Grupo Aval's Other Current Assets and Total Assets is -0.46. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Grupo Aval, assuming nothing else is changed. The correlation between historical values of Grupo Aval's Other Current Assets and Total 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 Other Current Assets of Grupo Aval are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Grupo Aval's Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Current Assets
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.Total Assets
Total assets refers to the total amount of Grupo Aval 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 Grupo Aval 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.Most indicators from Grupo Aval's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Aval 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 Grupo Aval. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.At this time, Grupo Aval's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 2.2 T this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.9T | 11.7T | 22.6T | 23.8T | Depreciation And Amortization | 1.0T | 1.1T | 1.2T | 1.2T |
Grupo Aval fundamental ratios Correlations
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Grupo Aval Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Aval fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 760.8M | 758.5M | 22.3B | 23.1B | 23.7B | 24.9B | |
Total Assets | 278.8T | 322.9T | 366.9T | 295.6T | 301.2T | 238.3T | |
Short Long Term Debt Total | 54.8T | 58.6T | 73.3T | 72.1T | 65.5T | 47.8T | |
Other Current Liab | (40.5B) | (945.8B) | (4.4T) | (3.0T) | (5.1T) | (4.8T) | |
Total Current Liabilities | 2.7T | 3.0T | 4.0T | 3.6B | 131.7T | 138.3T | |
Total Stockholder Equity | 19.9T | 20.7T | 23.0T | 16.5T | 16.8T | 15.6T | |
Property Plant And Equipment Net | 7.9T | 8.0T | 8.1T | 6.1T | 5.9T | 5.4T | |
Net Debt | 24.7T | 24.6T | 36.6T | 55.1T | 48.2T | 25.4T | |
Retained Earnings | 10.3T | 11.3T | 13.4T | 8.0B | 7.7T | 6.7T | |
Accounts Payable | 1.9T | 2.7T | 3.2T | 2.8T | 3.5T | 2.5T | |
Cash | 30.1T | 34.0T | 36.6T | 17.0T | 8.4T | 8.0T | |
Non Current Assets Total | 59.2T | 73.6T | 85.2T | 68.5T | 324.0T | 340.2T | |
Non Currrent Assets Other | (246.6B) | (861.7B) | (1.8T) | (1.9T) | 251.0T | 263.5T | |
Other Assets | 154.0T | 168.9T | 186.3T | 161.0T | (59.5T) | (56.5T) | |
Cash And Short Term Investments | 53.1T | 64.5T | 75.5T | 41.0T | 8.4T | 8.0T | |
Net Receivables | 12.6T | 15.3T | 19.9T | 25.2T | 28.2T | 29.6T | |
Good Will | 7.3T | 7.7T | 8.5T | 2.2T | 2.2T | 2.1T | |
Liabilities And Stockholders Equity | 278.8T | 322.9T | 366.9T | 295.6T | 301.2T | 238.3T | |
Non Current Liabilities Total | 58.3T | 62.4T | 78.2T | 261.1B | 300.7T | 315.8T | |
Other Current Assets | 654M | 590.4B | 219M | 54.1T | 62.4T | 43.2T | |
Other Stockholder Equity | 8.4T | 8.5T | 8.5T | 9.6T | 9.6T | 7.3T | |
Total Liab | 245.5T | 287.5T | 327.4T | 264.8T | 269.7T | 212.0T | |
Property Plant And Equipment Gross | 7.9T | 8.0T | 8.1T | 6.1T | 9.5T | 5.7T | |
Total Current Assets | 65.7T | 80.4T | 95.4T | 66.1T | 36.6T | 39.4T | |
Accumulated Other Comprehensive Income | 1.1T | 862.0B | 1.1T | (1.1T) | (544.2B) | (517.0B) | |
Other Liab | 8.7T | 15.1T | 18.2T | 11.4T | 13.1T | 7.2T | |
Long Term Debt | 54.9T | 58.6T | 73.3T | 72.1T | 65.5T | 46.2T | |
Short Term Investments | 22.9T | 30.5T | 38.9T | 23.9T | (9.0T) | (8.5T) | |
Inventory | (654M) | (61.2T) | (67.7T) | (54.1T) | (9.6T) | (10.1T) | |
Intangible Assets | 8.7T | 10.8T | 13.0T | 15.3T | 15.9T | 16.7T | |
Property Plant Equipment | 7.9T | 8.0T | 8.1T | 6.1T | 7.1T | 5.3T | |
Net Tangible Assets | (3.3T) | 2.1T | 1.5T | (17.2T) | (15.5T) | (14.7T) | |
Short Term Debt | 789.7B | 864.5B | 806.1B | 32.4T | 29.5T | 31.0T | |
Long Term Investments | 36.1T | 48.1T | 55.7T | 44.9T | 49.1T | 39.3T | |
Short Long Term Debt | 690.2B | 789.7B | 864.5B | 806.1B | 725.5B | 689.2B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grupo Aval. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.