Grupo Other Current Assets vs Total Current 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 Current 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 Current Assets

Other Current Assets vs Total Current 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 Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Grupo Aval's Other Current Assets and Total Current Assets is -0.53. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current 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 Current 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 Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Assets i.e., Grupo Aval's Other Current Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery 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 Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Expense6.9T11.7T22.6T23.8T
Depreciation And Amortization1.0T1.1T1.2T1.2T

Grupo Aval fundamental ratios Correlations

0.740.75-0.190.530.620.620.710.420.470.20.680.59-0.270.180.91-0.050.530.63-0.460.570.740.710.68-0.220.84
0.740.97-0.050.220.960.90.80.70.330.660.370.290.240.660.720.510.820.33-0.460.821.00.920.74-0.160.93
0.750.97-0.070.240.890.860.910.540.320.540.40.310.20.570.770.390.840.33-0.350.860.970.90.71-0.20.9
-0.19-0.05-0.07-0.41-0.060.27-0.140.07-0.70.25-0.37-0.310.30.2-0.330.280.24-0.38-0.140.35-0.050.080.11-0.68-0.07
0.530.220.24-0.410.110.090.360.110.33-0.480.970.98-0.81-0.530.72-0.460.330.97-0.020.240.220.350.01-0.110.27
0.620.960.89-0.060.110.880.640.790.310.770.240.180.380.750.570.680.740.23-0.450.710.950.860.680.010.83
0.620.90.860.270.090.880.650.72-0.010.710.230.160.340.680.540.650.840.21-0.380.880.90.920.67-0.350.8
0.710.80.91-0.140.360.640.650.190.350.190.480.420.00.250.810.030.770.38-0.150.790.810.760.52-0.220.76
0.420.70.540.070.110.790.720.190.150.750.210.150.210.650.290.730.530.29-0.530.470.70.70.58-0.120.66
0.470.330.32-0.70.330.31-0.010.350.150.00.370.35-0.18-0.020.48-0.16-0.090.34-0.19-0.040.330.190.190.370.44
0.20.660.540.25-0.480.770.710.190.750.0-0.35-0.430.750.980.020.920.41-0.32-0.450.440.650.520.62-0.030.55
0.680.370.4-0.370.970.240.230.480.210.37-0.350.96-0.77-0.390.83-0.40.420.99-0.170.360.380.470.22-0.20.45
0.590.290.31-0.310.980.180.160.420.150.35-0.430.96-0.75-0.480.75-0.420.390.94-0.060.320.290.420.06-0.160.35
-0.270.240.20.3-0.810.380.340.00.21-0.180.75-0.77-0.750.79-0.390.760.09-0.78-0.060.140.240.080.090.190.07
0.180.660.570.2-0.530.750.680.250.65-0.020.98-0.39-0.480.790.020.870.41-0.39-0.390.410.650.470.620.040.54
0.910.720.77-0.330.720.570.540.810.290.480.020.830.75-0.390.02-0.180.610.76-0.340.630.730.680.55-0.220.78
-0.050.510.390.28-0.460.680.650.030.73-0.160.92-0.4-0.420.760.87-0.180.39-0.34-0.230.360.510.460.350.060.32
0.530.820.840.240.330.740.840.770.53-0.090.410.420.390.090.410.610.390.39-0.220.920.820.90.51-0.40.69
0.630.330.33-0.380.970.230.210.380.290.34-0.320.990.94-0.78-0.390.76-0.340.39-0.170.30.340.450.19-0.170.41
-0.46-0.46-0.35-0.14-0.02-0.45-0.38-0.15-0.53-0.19-0.45-0.17-0.06-0.06-0.39-0.34-0.23-0.22-0.17-0.32-0.45-0.35-0.530.27-0.55
0.570.820.860.350.240.710.880.790.47-0.040.440.360.320.140.410.630.360.920.3-0.320.820.870.58-0.570.75
0.741.00.97-0.050.220.950.90.810.70.330.650.380.290.240.650.730.510.820.34-0.450.820.920.74-0.170.94
0.710.920.90.080.350.860.920.760.70.190.520.470.420.080.470.680.460.90.45-0.350.870.920.62-0.270.85
0.680.740.710.110.010.680.670.520.580.190.620.220.060.090.620.550.350.510.19-0.530.580.740.62-0.340.79
-0.22-0.16-0.2-0.68-0.110.01-0.35-0.22-0.120.37-0.03-0.2-0.160.190.04-0.220.06-0.4-0.170.27-0.57-0.17-0.27-0.34-0.28
0.840.930.9-0.070.270.830.80.760.660.440.550.450.350.070.540.780.320.690.41-0.550.750.940.850.79-0.28
Click cells to compare fundamentals

Grupo Aval Account Relationship Matchups

Grupo Aval fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding760.8M758.5M22.3B23.1B23.7B24.9B
Total Assets278.8T322.9T366.9T295.6T301.2T238.3T
Short Long Term Debt Total54.8T58.6T73.3T72.1T65.5T47.8T
Other Current Liab(40.5B)(945.8B)(4.4T)(3.0T)(5.1T)(4.8T)
Total Current Liabilities2.7T3.0T4.0T3.6B131.7T138.3T
Total Stockholder Equity19.9T20.7T23.0T16.5T16.8T15.6T
Property Plant And Equipment Net7.9T8.0T8.1T6.1T5.9T5.4T
Net Debt24.7T24.6T36.6T55.1T48.2T25.4T
Retained Earnings10.3T11.3T13.4T8.0B7.7T6.7T
Accounts Payable1.9T2.7T3.2T2.8T3.5T2.5T
Cash30.1T34.0T36.6T17.0T8.4T8.0T
Non Current Assets Total59.2T73.6T85.2T68.5T324.0T340.2T
Non Currrent Assets Other(246.6B)(861.7B)(1.8T)(1.9T)251.0T263.5T
Other Assets154.0T168.9T186.3T161.0T(59.5T)(56.5T)
Cash And Short Term Investments53.1T64.5T75.5T41.0T8.4T8.0T
Net Receivables12.6T15.3T19.9T25.2T28.2T29.6T
Good Will7.3T7.7T8.5T2.2T2.2T2.1T
Liabilities And Stockholders Equity278.8T322.9T366.9T295.6T301.2T238.3T
Non Current Liabilities Total58.3T62.4T78.2T261.1B300.7T315.8T
Other Current Assets654M590.4B219M54.1T62.4T43.2T
Other Stockholder Equity8.4T8.5T8.5T9.6T9.6T7.3T
Total Liab245.5T287.5T327.4T264.8T269.7T212.0T
Property Plant And Equipment Gross7.9T8.0T8.1T6.1T9.5T5.7T
Total Current Assets65.7T80.4T95.4T66.1T36.6T39.4T
Accumulated Other Comprehensive Income1.1T862.0B1.1T(1.1T)(544.2B)(517.0B)
Other Liab8.7T15.1T18.2T11.4T13.1T7.2T
Long Term Debt54.9T58.6T73.3T72.1T65.5T46.2T
Short Term Investments22.9T30.5T38.9T23.9T(9.0T)(8.5T)
Inventory(654M)(61.2T)(67.7T)(54.1T)(9.6T)(10.1T)
Intangible Assets8.7T10.8T13.0T15.3T15.9T16.7T
Property Plant Equipment7.9T8.0T8.1T6.1T7.1T5.3T
Net Tangible Assets(3.3T)2.1T1.5T(17.2T)(15.5T)(14.7T)
Short Term Debt789.7B864.5B806.1B32.4T29.5T31.0T
Long Term Investments36.1T48.1T55.7T44.9T49.1T39.3T
Short Long Term Debt690.2B789.7B864.5B806.1B725.5B689.2B

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 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market 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.