Avino Silver Gold Stock Total Debt
| ASM Stock | CAD 1.01 0.01 0.98% |
Avino Silver Gold fundamentals help investors to digest information that contributes to Avino Silver's financial success or failures. It also enables traders to predict the movement of Avino Stock. The fundamental analysis module provides a way to measure Avino Silver's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avino Silver stock.
As of the 18th of April 2024, Total Debt To Capitalization is likely to drop to 0.03. Avino | Total Debt |
Avino Silver Gold Company Total Debt Analysis
Avino Silver's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Avino Silver Total Debt | 164 K |
Most of Avino Silver's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avino Silver Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Avino Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Avino Silver is extremely important. It helps to project a fair market value of Avino Stock properly, considering its historical fundamentals such as Total Debt. Since Avino Silver's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avino Silver's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avino Silver's interrelated accounts and indicators.
Click cells to compare fundamentals
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Avino Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Avino Silver Gold has a Total Debt of 164 K. This is 99.99% lower than that of the Metals & Mining sector and 99.56% lower than that of the Materials industry. The total debt for all Canada stocks is 100.0% higher than that of the company.
Avino Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avino Silver's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avino Silver could also be used in its relative valuation, which is a method of valuing Avino Silver by comparing valuation metrics of similar companies.Avino Silver is currently under evaluation in total debt category among related companies.
Avino Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of Avino Silver from analyzing Avino Silver's financial statements. These drivers represent accounts that assess Avino Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avino Silver's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 40.4M | 107.7M | 87.2M | 77.6M | 63.1M | 66.2M | |
| Enterprise Value | 38.1M | 99.1M | 63.5M | 73.1M | 63.8M | 67.0M |
Avino Fundamentals
| Return On Equity | 0.0053 | |||
| Return On Asset | 0.0015 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 133.68 M | |||
| Shares Outstanding | 130.33 M | |||
| Shares Owned By Insiders | 1.87 % | |||
| Shares Owned By Institutions | 7.88 % | |||
| Number Of Shares Shorted | 177.33 K | |||
| Price To Earning | 980.00 X | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 3.12 X | |||
| Revenue | 43.89 M | |||
| Gross Profit | 15.31 M | |||
| EBITDA | 3.26 M | |||
| Net Income | 542 K | |||
| Cash And Equivalents | 10.39 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 164 K | |||
| Debt To Equity | 0.09 % | |||
| Current Ratio | 2.92 X | |||
| Book Value Per Share | 0.82 X | |||
| Cash Flow From Operations | 1.49 M | |||
| Short Ratio | 3.48 X | |||
| Earnings Per Share | 0.01 X | |||
| Target Price | 1.61 | |||
| Beta | 1.98 | |||
| Market Capitalization | 132.93 M | |||
| Total Asset | 128.34 M | |||
| Retained Earnings | (51.42 M) | |||
| Working Capital | 9.73 M | |||
| Net Asset | 128.34 M |
About Avino Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avino Silver Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avino Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avino Silver Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avino Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avino Silver's short interest history, or implied volatility extrapolated from Avino Silver options trading.
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
| 0.95 | MNT | Royal Canadian Mint | PairCorr |
| 0.61 | CYB | Cymbria | PairCorr |
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.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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Avino Stock analysis
When running Avino Silver's price analysis, check to measure Avino Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
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