Avino Historical Cash Flow
| ASM Stock | CAD 1.59 0.02 1.24% |
Analysis of Avino Silver cash flow over time is an excellent tool to project Avino Silver Gold future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Cashflows From Financing Activities of 5.4 M or Depreciation of 4 M as it is a great indicator of Avino Silver ability to facilitate future growth, repay debt on time or pay out dividends.
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.
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About Avino Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Avino balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Avino's non-liquid assets can be easily converted into cash.
Avino Silver Cash Flow Chart
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Depreciation
Depreciation indicates how much of Avino Silver Gold value has been used up. For tax purposes Avino Silver can deduct the cost of the tangible assets it purchases as business expenses. However, Avino Silver Gold must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Capital Expenditures
Capital Expenditures are funds used by Avino Silver Gold to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Avino Silver operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.Most accounts from Avino Silver's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 Change To Liabilities is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 6.1 M, though Change In Cash is likely to grow to (8.1 M).
Avino Silver cash flow statement Correlations
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Avino Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avino Silver cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 6.4M | 2.1M | 13.1M | (13.5M) | (8.6M) | (8.1M) | |
| Free Cash Flow | 2.2M | (1.9M) | (1.8M) | 4.0M | (5.9M) | (5.6M) | |
| Begin Period Cash Flow | 3.3M | 9.6M | 11.7M | 24.8M | 11.2M | 11.8M | |
| Other Cashflows From Financing Activities | (3.7M) | 3.7M | 1.0M | 30K | 5.2M | 5.4M | |
| Depreciation | 3.4M | 4.8M | 1.8M | 2.2M | 3.8M | 4.0M | |
| Other Non Cash Items | 29.4M | 48K | 34K | 41K | 123K | 116.9K | |
| Capital Expenditures | 3.3M | 2.0M | 1.9M | 7.8M | 7.4M | 7.7M | |
| Total Cash From Operating Activities | 5.5M | 72K | 109K | 11.8M | 1.5M | 1.0M | |
| Net Income | (31.5M) | (7.7M) | (2.1M) | 3.1M | 542K | 569.1K | |
| Total Cash From Financing Activities | 5.0M | 4.2M | 16.1M | (1.1M) | 3.5M | 4.3M | |
| End Period Cash Flow | 9.6M | 11.7M | 24.8M | 11.2M | 2.7M | 2.6M | |
| Change In Working Capital | 4.2M | 2.6M | (1.5M) | 1.0M | (4.8M) | (4.5M) | |
| Stock Based Compensation | 937K | 1.9M | 1.5M | 2.0M | 2.3M | 1.2M | |
| Change To Inventory | 3.2M | 4.2M | (3.7M) | (998K) | (2.9M) | (2.8M) | |
| Change To Account Receivables | 2.6M | 1.2M | (680K) | (1.5M) | (631K) | (599.5K) | |
| Sale Purchase Of Stock | 7.3M | 8.4M | 19.1M | 30K | 34.5K | 32.8K | |
| Investments | (3.7M) | (2.2M) | (3.2M) | (24.1M) | (13.5M) | (14.2M) | |
| Net Borrowings | (2.3M) | (4.2M) | (3.0M) | (1.2M) | (1.1M) | (1.1M) | |
| Total Cashflows From Investing Activities | (3.7M) | (2.2M) | (3.2M) | (24.1M) | (21.7M) | (20.6M) | |
| Change To Operating Activities | 193K | (334K) | (196K) | (1.0M) | (927.9K) | (881.5K) | |
| Change To Netincome | 29.0M | 3.2M | 1.6M | 5.5M | 6.3M | 4.7M | |
| Change To Liabilities | (1.5M) | (2.9M) | 1.2M | 3.6M | 4.1M | 4.4M | |
| Issuance Of Capital Stock | 7.3M | 8.4M | 18.1M | (12K) | 3.2M | 6.1M |
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
Moving against Avino Stock
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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.