Grupo Good Will vs Accounts Payable Analysis
AVAL Stock | USD 2.00 0.01 0.50% |
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 Good Will and its Accounts Payable 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.
Good Will vs Accounts Payable
Good Will vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aval Good Will account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Grupo Aval's Good Will and Accounts Payable is -0.2. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable 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 Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Grupo Aval are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Grupo Aval's Good Will and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Accounts Payable
An accounting item on the balance sheet that represents Grupo Aval 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 Grupo Aval 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.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 Discontinued Operations will most likely fall to about 362.3 B.
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 | 66.2T | 47.9T | |
Other Current Liab | (40.5B) | (3.0T) | (4.0T) | (2.8T) | 98.2T | 103.1T | |
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 | 6.1T | 5.4T | |
Net Debt | 24.7T | 24.6T | 36.6T | 55.1T | 48.8T | 25.5T | |
Retained Earnings | 10.3T | 11.3T | 13.4T | 8.0B | 499.0B | 474.1B | |
Accounts Payable | 1.9T | 2.1T | 3.2T | 2.8T | 3.5T | 2.4T | |
Cash | 30.1T | 34.0T | 36.6T | 17.0T | 17.4T | 22.4T | |
Non Current Assets Total | 59.2T | 73.6T | 85.2T | 68.5T | 238.8T | 250.8T | |
Non Currrent Assets Other | (246.6B) | (861.7B) | (1.8T) | (1.9T) | 212.0T | 222.6T | |
Other Assets | 154.0T | 168.9T | 186.3T | 161.0T | 185.1T | 154.3T | |
Cash And Short Term Investments | 53.1T | 64.5T | 75.5T | 41.0T | (18.6T) | (17.7T) | |
Net Receivables | 12.6T | 15.9T | 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 | 138.0T | 144.9T | |
Other Current Assets | 654M | 61.2T | 67.7T | 54.1T | 62.4T | 50.0T | |
Other Stockholder Equity | 8.4T | 8.5T | 8.5T | 17.6T | 9.6T | 7.8T | |
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 | 62.4T | 41.3T | |
Accumulated Other Comprehensive Income | 1.1T | 862.0B | 1.1T | (1.1T) | 6.7T | 7.0T | |
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 | (36.0T) | (34.2T) | |
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 | Dividend Share 24 | Earnings Share 0.09 | Revenue Per Share 9.1 K | Quarterly Revenue Growth (0.03) |
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.