Grupo Other Assets vs Net Receivables Analysis

AVAL Stock  USD 2.47  0.01  0.40%   
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 Assets and its Net Receivables 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.

Other Assets vs Net Receivables

Other Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aval Other Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Grupo Aval's Other Assets and Net Receivables is 0.42. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Receivables 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 Assets and Net Receivables 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 Assets of Grupo Aval are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Assets i.e., Grupo Aval's Other Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Net Receivables

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 Expense6.9T11.7T22.6T23.8T
Depreciation And Amortization1.0T645.7B1.2T638.3B

Grupo Aval fundamental ratios Correlations

0.740.750.520.530.620.620.710.070.420.490.740.60.33-0.040.91-0.050.530.7-0.250.590.740.710.74-0.220.84
0.740.970.210.220.960.90.80.490.290.840.430.30.740.440.730.510.820.45-0.190.71.00.920.78-0.160.93
0.750.970.250.250.890.870.910.320.30.710.460.330.720.350.780.380.840.42-0.140.810.970.90.76-0.20.9
0.520.210.251.00.10.120.37-0.490.29-0.060.940.970.16-0.760.7-0.460.350.84-0.070.150.210.360.15-0.150.26
0.530.220.251.00.110.110.36-0.480.34-0.050.950.970.16-0.750.71-0.460.330.85-0.070.130.220.350.16-0.110.27
0.620.960.890.10.110.880.640.630.260.920.30.190.780.550.580.680.740.37-0.190.540.950.860.690.010.83
0.620.90.870.120.110.880.660.57-0.050.840.30.190.70.480.550.640.850.35-0.150.670.90.930.68-0.350.8
0.710.80.910.370.360.640.66-0.060.350.360.520.430.590.060.810.030.770.37-0.060.880.80.760.61-0.220.76
0.070.490.32-0.49-0.480.630.57-0.06-0.130.83-0.32-0.420.340.85-0.140.910.26-0.05-0.17-0.030.480.40.43-0.040.42
0.420.290.30.290.340.26-0.050.35-0.130.070.370.360.2-0.170.46-0.2-0.120.32-0.030.060.280.140.210.390.38
0.490.840.71-0.06-0.050.920.840.360.830.070.140.010.630.680.380.810.60.32-0.210.340.830.730.66-0.080.74
0.740.430.460.940.950.30.30.52-0.320.370.140.940.18-0.580.86-0.360.450.93-0.190.310.430.520.44-0.230.52
0.60.30.330.970.970.190.190.43-0.420.360.010.940.24-0.690.75-0.410.40.82-0.090.230.30.430.21-0.170.36
0.330.740.720.160.160.780.70.590.340.20.630.180.240.320.420.560.690.130.040.470.740.70.170.160.54
-0.040.440.35-0.76-0.750.550.480.060.85-0.170.68-0.58-0.690.32-0.220.840.2-0.42-0.060.190.430.240.360.070.32
0.910.730.780.70.710.580.550.81-0.140.460.380.860.750.42-0.22-0.170.610.76-0.220.670.730.680.65-0.220.79
-0.050.510.38-0.46-0.460.680.640.030.91-0.20.81-0.36-0.410.560.84-0.170.39-0.16-0.010.070.510.460.270.060.32
0.530.820.840.350.330.740.850.770.26-0.120.60.450.40.690.20.610.390.43-0.130.720.820.90.59-0.40.69
0.70.450.420.840.850.370.350.37-0.050.320.320.930.820.13-0.420.76-0.160.43-0.260.140.460.540.54-0.240.55
-0.25-0.19-0.14-0.07-0.07-0.19-0.15-0.06-0.17-0.03-0.21-0.19-0.090.04-0.06-0.22-0.01-0.13-0.26-0.19-0.19-0.16-0.240.25-0.23
0.590.70.810.150.130.540.670.88-0.030.060.340.310.230.470.190.670.070.720.14-0.190.70.650.56-0.440.65
0.741.00.970.210.220.950.90.80.480.280.830.430.30.740.430.730.510.820.46-0.190.70.920.78-0.170.94
0.710.920.90.360.350.860.930.760.40.140.730.520.430.70.240.680.460.90.54-0.160.650.920.7-0.270.85
0.740.780.760.150.160.690.680.610.430.210.660.440.210.170.360.650.270.590.54-0.240.560.780.7-0.350.85
-0.22-0.16-0.2-0.15-0.110.01-0.35-0.22-0.040.39-0.08-0.23-0.170.160.07-0.220.06-0.4-0.240.25-0.44-0.17-0.27-0.35-0.28
0.840.930.90.260.270.830.80.760.420.380.740.520.360.540.320.790.320.690.55-0.230.650.940.850.85-0.28
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 Total54.8T58.6T73.3T72.1T66.2T47.9T
Other Current Liab(40.5B)(3.0T)(4.0T)(2.8T)98.2T103.1T
Total Current Liabilities2.7T3.0T4.0T3.6B131.7T138.3T
Total Stockholder Equity19.9T20.7T23.0T16.5T16.8T15.6T
Property Plant And Equipment Net7.9T8.0T8.1T6.1T6.1T5.4T
Net Debt24.7T24.6T36.6T55.1T48.8T25.5T
Retained Earnings10.3T11.3T13.4T8.0B499.0B474.1B
Accounts Payable1.9T2.1T3.2T2.8T3.5T2.4T
Cash30.1T34.0T36.6T17.0T17.4T22.4T
Non Current Assets Total59.2T73.6T85.2T68.5T238.8T250.8T
Non Currrent Assets Other(246.6B)(861.7B)(1.8T)(1.9T)212.0T222.6T
Other Assets154.0T168.9T186.3T161.0T185.1T154.3T
Cash And Short Term Investments53.1T64.5T75.5T41.0T(18.6T)(17.7T)
Net Receivables12.6T15.9T19.9T25.2T28.2T29.6T
Good Will7.3T7.7T8.5T2.2T2.2T2.1T
Liabilities And Stockholders Equity278.8T322.9T366.9T295.6T301.2T238.3T
Non Current Liabilities Total58.3T62.4T78.2T261.1B138.0T144.9T
Other Current Assets654M61.2T67.7T54.1T62.4T50.0T
Other Stockholder Equity8.4T8.5T8.5T17.6T9.6T7.8T
Total Liab245.5T287.5T327.4T264.8T269.7T212.0T
Property Plant And Equipment Gross7.9T8.0T8.1T6.1T9.5T5.7T
Total Current Assets65.7T80.4T95.4T66.1T62.4T41.3T
Accumulated Other Comprehensive Income1.1T862.0B1.1T(1.1T)6.7T7.0T
Other Liab8.7T15.1T18.2T11.4T13.1T7.2T
Long Term Debt54.9T58.6T73.3T72.1T65.5T46.2T
Short Term Investments22.9T30.5T38.9T23.9T(36.0T)(34.2T)
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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Grupo Aval using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
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
(0.73)
Earnings Share
0.09
Revenue Per Share
9.1 K
Quarterly Revenue Growth
(0.24)
Return On Assets
0.0053
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.