Grupo Net Tangible Assets vs Net Invested Capital Analysis

AVAL Stock

USD 2.42 0.02 0.83%

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 Net Tangible Assets and its Net Invested Capital 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 tightly coupled 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.

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aval Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Grupo Aval's Net Tangible Assets and Net Invested Capital is -0.73. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital 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 Net Tangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Grupo Aval are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Grupo Aval's Net Tangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 tightly coupled 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	645.7B	1.2T	638.3B

Interest Expense Depreciation And Amortization

Grupo Aval fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab
Common Stock Shares Outstanding		0.74	0.75	0.52	0.53	0.62	0.62	0.71	0.07	0.42	0.49	0.74	0.6	0.33	-0.04	0.91	-0.05	0.53	0.7	-0.25	0.59	0.74	0.71	0.74	-0.22	0.84
Total Assets	0.74		0.97	0.21	0.22	0.96	0.9	0.8	0.49	0.29	0.84	0.43	0.3	0.74	0.44	0.73	0.51	0.82	0.45	-0.19	0.7	1.0	0.92	0.78	-0.16	0.93
Short Long Term Debt Total	0.75	0.97		0.25	0.25	0.89	0.87	0.91	0.32	0.3	0.71	0.46	0.33	0.72	0.35	0.78	0.38	0.84	0.42	-0.14	0.81	0.97	0.9	0.76	-0.2	0.9
Other Current Liab	0.52	0.21	0.25		1.0	0.1	0.12	0.37	-0.49	0.29	-0.06	0.94	0.97	0.16	-0.76	0.7	-0.46	0.35	0.84	-0.07	0.15	0.21	0.36	0.15	-0.15	0.26
Total Current Liabilities	0.53	0.22	0.25	1.0		0.11	0.11	0.36	-0.48	0.34	-0.05	0.95	0.97	0.16	-0.75	0.71	-0.46	0.33	0.85	-0.07	0.13	0.22	0.35	0.16	-0.11	0.27
Total Stockholder Equity	0.62	0.96	0.89	0.1	0.11		0.88	0.64	0.63	0.26	0.92	0.3	0.19	0.78	0.55	0.58	0.68	0.74	0.37	-0.19	0.54	0.95	0.86	0.69	0.01	0.83
Property Plant And Equipment Net	0.62	0.9	0.87	0.12	0.11	0.88		0.66	0.57	-0.05	0.84	0.3	0.19	0.7	0.48	0.55	0.64	0.85	0.35	-0.15	0.67	0.9	0.93	0.68	-0.35	0.8
Net Debt	0.71	0.8	0.91	0.37	0.36	0.64	0.66		-0.06	0.35	0.36	0.52	0.43	0.59	0.06	0.81	0.03	0.77	0.37	-0.06	0.88	0.8	0.76	0.61	-0.22	0.76
Retained Earnings	0.07	0.49	0.32	-0.49	-0.48	0.63	0.57	-0.06		-0.13	0.83	-0.32	-0.42	0.34	0.85	-0.14	0.91	0.26	-0.05	-0.17	-0.03	0.48	0.4	0.43	-0.04	0.42
Accounts Payable	0.42	0.29	0.3	0.29	0.34	0.26	-0.05	0.35	-0.13		0.07	0.37	0.36	0.2	-0.17	0.46	-0.2	-0.12	0.32	-0.03	0.06	0.28	0.14	0.21	0.39	0.38
Cash	0.49	0.84	0.71	-0.06	-0.05	0.92	0.84	0.36	0.83	0.07		0.14	0.01	0.63	0.68	0.38	0.81	0.6	0.32	-0.21	0.34	0.83	0.73	0.66	-0.08	0.74
Non Current Assets Total	0.74	0.43	0.46	0.94	0.95	0.3	0.3	0.52	-0.32	0.37	0.14		0.94	0.18	-0.58	0.86	-0.36	0.45	0.93	-0.19	0.31	0.43	0.52	0.44	-0.23	0.52
Non Currrent Assets Other	0.6	0.3	0.33	0.97	0.97	0.19	0.19	0.43	-0.42	0.36	0.01	0.94		0.24	-0.69	0.75	-0.41	0.4	0.82	-0.09	0.23	0.3	0.43	0.21	-0.17	0.36
Other Assets	0.33	0.74	0.72	0.16	0.16	0.78	0.7	0.59	0.34	0.2	0.63	0.18	0.24		0.32	0.42	0.56	0.69	0.13	0.04	0.47	0.74	0.7	0.17	0.16	0.54
Cash And Short Term Investments	-0.04	0.44	0.35	-0.76	-0.75	0.55	0.48	0.06	0.85	-0.17	0.68	-0.58	-0.69	0.32		-0.22	0.84	0.2	-0.42	-0.06	0.19	0.43	0.24	0.36	0.07	0.32
Net Receivables	0.91	0.73	0.78	0.7	0.71	0.58	0.55	0.81	-0.14	0.46	0.38	0.86	0.75	0.42	-0.22		-0.17	0.61	0.76	-0.22	0.67	0.73	0.68	0.65	-0.22	0.79
Good Will	-0.05	0.51	0.38	-0.46	-0.46	0.68	0.64	0.03	0.91	-0.2	0.81	-0.36	-0.41	0.56	0.84	-0.17		0.39	-0.16	-0.01	0.07	0.51	0.46	0.27	0.06	0.32
Common Stock Total Equity	0.53	0.82	0.84	0.35	0.33	0.74	0.85	0.77	0.26	-0.12	0.6	0.45	0.4	0.69	0.2	0.61	0.39		0.43	-0.13	0.72	0.82	0.9	0.59	-0.4	0.69
Non Current Liabilities Total	0.7	0.45	0.42	0.84	0.85	0.37	0.35	0.37	-0.05	0.32	0.32	0.93	0.82	0.13	-0.42	0.76	-0.16	0.43		-0.26	0.14	0.46	0.54	0.54	-0.24	0.55
Other Current Assets	-0.25	-0.19	-0.14	-0.07	-0.07	-0.19	-0.15	-0.06	-0.17	-0.03	-0.21	-0.19	-0.09	0.04	-0.06	-0.22	-0.01	-0.13	-0.26		-0.19	-0.19	-0.16	-0.24	0.25	-0.23
Other Stockholder Equity	0.59	0.7	0.81	0.15	0.13	0.54	0.67	0.88	-0.03	0.06	0.34	0.31	0.23	0.47	0.19	0.67	0.07	0.72	0.14	-0.19		0.7	0.65	0.56	-0.44	0.65
Total Liab	0.74	1.0	0.97	0.21	0.22	0.95	0.9	0.8	0.48	0.28	0.83	0.43	0.3	0.74	0.43	0.73	0.51	0.82	0.46	-0.19	0.7		0.92	0.78	-0.17	0.94
Property Plant And Equipment Gross	0.71	0.92	0.9	0.36	0.35	0.86	0.93	0.76	0.4	0.14	0.73	0.52	0.43	0.7	0.24	0.68	0.46	0.9	0.54	-0.16	0.65	0.92		0.7	-0.27	0.85
Total Current Assets	0.74	0.78	0.76	0.15	0.16	0.69	0.68	0.61	0.43	0.21	0.66	0.44	0.21	0.17	0.36	0.65	0.27	0.59	0.54	-0.24	0.56	0.78	0.7		-0.35	0.85
Common Stock	-0.22	-0.16	-0.2	-0.15	-0.11	0.01	-0.35	-0.22	-0.04	0.39	-0.08	-0.23	-0.17	0.16	0.07	-0.22	0.06	-0.4	-0.24	0.25	-0.44	-0.17	-0.27	-0.35		-0.28
Other Liab	0.84	0.93	0.9	0.26	0.27	0.83	0.8	0.76	0.42	0.38	0.74	0.52	0.36	0.54	0.32	0.79	0.32	0.69	0.55	-0.23	0.65	0.94	0.85	0.85	-0.28

Click cells to compare fundamentals

Grupo Aval Account Relationship Matchups

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

Pair Trading with Grupo Aval

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 Grupo Aval 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 Grupo Aval will appreciate offsetting losses from the drop in the long position's value.

Moving against Grupo Stock

0.65	NU	Nu Holdings Aggressive Push	Pair Corr
0.57	RF	Regions Financial Financial Report 19th of July 2024	Pair Corr
0.54	KB	KB Financial Group Financial Report 20th of May 2024	Pair Corr
0.54	WF	Woori Financial Group Financial Report 21st of May 2024	Pair Corr
0.53	CFG-PD	Citizens Financial	Pair Corr

The ability to find closely correlated positions to Grupo Aval could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Aval 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 Grupo Aval - 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 Grupo Aval to buy it.

The correlation of Grupo Aval 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 Grupo Aval moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grupo Aval 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 Grupo Aval 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 Correlation Correlation Matching

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:

How To Invest In Grupo

Details

Is Grupo Stock a good investment?

Details

What is Grupo Aval's Net Worth?

Details

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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 tightly coupled 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.

Note that the Grupo Aval information on this page should be used as a complementary analysis to other Grupo Aval's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Grupo Stock analysis

When running Grupo Aval's price analysis, check to measure Grupo Aval'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 Grupo Aval is operating at the current time. Most of Grupo Aval's value examination focuses on studying past and present price action to predict the probability of Grupo Aval's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Aval's price. Additionally, you may evaluate how the addition of Grupo Aval to your portfolios can decrease your overall portfolio volatility.

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Is Grupo Aval's industry 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

(0.84)

Earnings Share

0.16

Revenue Per Share

9.9 K

Quarterly Revenue Growth

(0.07)

Return On Assets

0.0073

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.

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Grupo Net Tangible Assets vs Net Invested Capital Analysis

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Invested Capital

Grupo Aval fundamental ratios Correlations

Grupo Aval Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Grupo Aval fundamental ratios Accounts

Pair Trading with Grupo Aval

Moving against Grupo Stock

Complementary Tools for Grupo Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Short Long Term Debt Total	+ 0.97	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.97	Other Current Liab
Non Currrent Assets Other	+ 0.97	Total Current Liabilities

Cash And Short Term Investments	- 0.76	Other Current Liab
Cash And Short Term Investments	- 0.75	Total Current Liabilities
Cash And Short Term Investments	- 0.69	Non Currrent Assets Other
Cash And Short Term Investments	- 0.58	Non Current Assets Total
Retained Earnings	- 0.49	Other Current Liab
Retained Earnings	- 0.48	Total Current Liabilities