Avino Historical Balance Sheet

ASM Stock  CAD 1.59  0.04  2.58%   
Trend analysis of Avino Silver Gold balance sheet accounts such as Short Long Term Debt Total of 5.8 M, Other Current Liabilities of 120.7 K or Total Current Liabilities of 14.5 M provides information on Avino Silver's total assets, liabilities, and equity, which is the actual value of Avino Silver Gold to its prevalent stockholders. By breaking down trends over time using Avino Silver balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Avino Silver Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Avino Silver Gold is a good buy for the upcoming year.

Avino Silver Inventory

9.27 Million

  
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 board of governors.

About Avino Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Avino Silver Gold at a specified time, usually calculated after every quarter, six months, or one year. Avino Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avino Silver and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avino currently owns. An asset can also be divided into two categories, current and non-current.

Avino Silver Balance Sheet Chart

At this time, Avino Silver's Accounts Payable is very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 110 M, while Other Current Liabilities is likely to drop about 120.7 K.

Total Assets

Total assets refers to the total amount of Avino Silver 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 Avino Silver Gold 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.

Total Current Liabilities

Total Current Liabilities is an item on Avino Silver balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Avino Silver Gold are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Avino Silver's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 board of governors.
At this time, Avino Silver's Accounts Payable is very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 110 M, while Other Current Liabilities is likely to drop about 120.7 K.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.1M6.7M3.5M5.8M
Total Assets86.3M121.2M128.3M134.8M

Avino Silver balance sheet Correlations

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0.480.450.640.290.450.640.280.21-0.020.43-0.130.510.170.710.050.860.530.12-0.410.890.310.510.05-0.250.1
0.120.450.260.030.050.21-0.020.040.110.07-0.210.060.130.09-0.010.350.230.21-0.210.35-0.040.290.08-0.020.19
0.90.640.260.840.910.36-0.340.860.030.91-0.180.170.10.410.710.480.810.69-0.520.820.870.570.630.020.58
0.980.290.030.840.95-0.05-0.640.90.260.96-0.20.140.240.320.940.260.850.8-0.540.60.970.650.860.270.81
0.980.450.050.910.950.24-0.430.920.01.0-0.170.210.020.40.830.430.910.8-0.540.760.980.540.720.180.67
0.120.640.210.36-0.050.240.620.14-0.780.210.230.34-0.610.37-0.280.640.30.110.00.610.09-0.2-0.35-0.23-0.31
-0.490.28-0.02-0.34-0.64-0.430.62-0.53-0.55-0.460.420.26-0.370.24-0.840.4-0.26-0.60.370.09-0.54-0.39-0.79-0.18-0.74
0.880.210.040.860.90.920.14-0.53-0.060.93-0.08-0.08-0.070.110.870.130.790.86-0.40.530.960.350.710.160.62
0.19-0.020.110.030.260.0-0.78-0.55-0.060.03-0.4-0.010.940.120.35-0.110.01-0.09-0.31-0.080.080.690.490.110.49
0.980.430.070.910.961.00.21-0.460.930.03-0.160.20.040.390.850.410.910.82-0.540.740.980.560.750.180.7
-0.21-0.13-0.21-0.18-0.2-0.170.230.42-0.08-0.4-0.160.15-0.37-0.02-0.22-0.14-0.09-0.110.52-0.18-0.13-0.32-0.160.07-0.13
0.250.510.060.170.140.210.340.26-0.08-0.010.20.150.040.87-0.060.650.42-0.15-0.180.510.120.380.030.080.09
0.220.170.130.10.240.02-0.61-0.37-0.070.940.04-0.370.040.240.250.060.05-0.15-0.310.080.070.760.390.20.4
0.460.710.090.410.320.40.370.240.110.120.39-0.020.870.240.060.810.58-0.1-0.420.730.310.610.140.030.16
0.860.05-0.010.710.940.83-0.28-0.840.870.350.85-0.22-0.060.250.06-0.050.670.82-0.470.340.90.540.90.210.84
0.450.860.350.480.260.430.640.40.13-0.110.41-0.140.650.060.81-0.050.610.09-0.410.890.260.510.020.010.11
0.920.530.230.810.850.910.3-0.260.790.010.91-0.090.420.050.580.670.610.68-0.440.820.860.620.610.270.61
0.760.120.210.690.80.80.11-0.60.86-0.090.82-0.11-0.15-0.15-0.10.820.090.68-0.40.430.80.270.70.240.71
-0.59-0.41-0.21-0.52-0.54-0.540.00.37-0.4-0.31-0.540.52-0.18-0.31-0.42-0.47-0.41-0.44-0.4-0.53-0.49-0.55-0.450.01-0.45
0.760.890.350.820.60.760.610.090.53-0.080.74-0.180.510.080.730.340.890.820.43-0.530.630.610.320.020.35
0.960.31-0.040.870.970.980.09-0.540.960.080.98-0.130.120.070.310.90.260.860.8-0.490.630.520.780.180.7
0.70.510.290.570.650.54-0.2-0.390.350.690.56-0.320.380.760.610.540.510.620.27-0.550.610.520.70.280.73
0.790.050.080.630.860.72-0.35-0.790.710.490.75-0.160.030.390.140.90.020.610.7-0.450.320.780.70.30.97
0.23-0.25-0.020.020.270.18-0.23-0.180.160.110.180.070.080.20.030.210.010.270.240.010.020.180.280.30.35
0.750.10.190.580.810.67-0.31-0.740.620.490.7-0.130.090.40.160.840.110.610.71-0.450.350.70.730.970.35
Click cells to compare fundamentals

Avino Silver Account Relationship Matchups

Avino Silver balance sheet Accounts

201920202021202220232024 (projected)
Total Assets72.6M68.8M86.3M121.2M128.3M134.8M
Short Long Term Debt Total7.3M3.1M1.1M6.7M3.5M5.8M
Other Current Liab3.7M154K163K503K127K120.7K
Total Current Liabilities9.6M5.0M3.8M16.8M13.8M14.5M
Total Stockholder Equity53.9M59.0M78.5M98.0M106.0M111.3M
Property Plant And Equipment Net45.5M44.9M46.7M93.9M103.2M108.3M
Net Debt(2.3M)(8.6M)(23.7M)(4.6M)766K804.3K
Retained Earnings(47.2M)(54.3M)(56.0M)(52.0M)(51.4M)(48.9M)
Accounts Payable4.9M2.1M3.3M9.5M11.9M12.5M
Cash9.6M11.7M24.8M11.2M2.7M2.6M
Non Current Assets Total49.8M49.1M50.8M95.6M104.8M110.0M
Cash And Short Term Investments9.6M11.7M24.8M11.2M2.7M2.6M
Net Receivables1.5M529K4.6M2.7M3.3M2.1M
Common Stock Shares Outstanding70.0M83.2M100.2M117.6M125.3M131.6M
Liabilities And Stockholders Equity72.6M68.8M86.3M121.2M128.3M134.8M
Non Current Liabilities Total9.1M4.8M3.9M6.4M8.5M6.2M
Inventory5.6M1.7M5.2M6.3M8.8M9.3M
Other Current Assets6.1M5.8M962K5.4M8.7M9.2M
Total Liab18.6M9.8M7.8M23.2M22.3M23.5M
Property Plant And Equipment Gross45.5M44.9M69.7M118.9M130.4M137.0M
Total Current Assets22.8M19.7M35.5M25.6M23.5M12.6M
Accumulated Other Comprehensive Income4.8M5.1M4.6M4.6M5.8M3.9M
Common Stock96.4M108.3M130.0M145.5M151.7M91.4M
Common Stock Total Equity81.5M88.0M96.4M108.3M124.5M75.8M
Short Term Debt891K2.8M389K5.9M1.8M3.2M
Other Liab16.4M6.0M4.5M3.2M2.9M2.8M
Net Tangible Assets75.2M53.9M59.0M78.5M90.3M61.7M
Long Term Investments3.2M4.2M3.9M1.7M934K1.4M
Short Long Term Debt1.5M3.6M72K5.0M164K155.8K
Property Plant Equipment45.5M44.9M46.7M93.9M107.9M63.4M
Long Term Debt6.3M2.6M0.0195K175.5K166.7K
Long Term Debt Total3.0M278K680K745K670.5K637.0K
Capital Lease Obligations1.1M486K1.1M1.7M3.1M3.2M

Pair Trading with Avino Silver

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.

Moving together with Avino Stock

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Moving against Avino Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Avino Silver Gold is a strong investment it is important to analyze Avino Silver'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 Avino Silver's future performance. For an informed investment choice regarding Avino Stock, refer to the following important reports:
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 board of governors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.