Alpha Depreciation And Amortization vs Gross Profit Analysis

A4N Stock   0.99  0.01  1.00%   
Alpha HPA financial indicator trend analysis is way more than just evaluating Alpha HPA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha HPA is a good investment. Please check the relationship between Alpha HPA Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha HPA. 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.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha HPA Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Alpha HPA's Depreciation And Amortization and Gross Profit is -0.96. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Alpha HPA, assuming nothing else is changed. The correlation between historical values of Alpha HPA's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Alpha HPA are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Alpha HPA's Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Alpha HPA minus its cost of goods sold. It is profit before Alpha HPA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Alpha HPA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha HPA 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 Alpha HPA. 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.
Selling General Administrative is likely to gain to about 16.8 M in 2024. Issuance Of Capital Stock is likely to gain to about 235.2 M in 2024
 2021 2022 2023 2024 (projected)
Research Development7.7M869.3K249.4K236.9K
Reconciled Depreciation152.7K986.7K2.0M2.1M

Alpha HPA fundamental ratios Correlations

0.920.990.630.960.990.860.941.00.660.980.790.93-0.99-0.880.920.990.710.740.980.90.990.88-0.030.060.3
0.920.860.550.990.940.980.980.910.850.920.870.98-0.85-0.940.990.860.760.830.840.990.860.76-0.010.040.35
0.990.860.620.920.980.780.890.990.580.950.750.87-1.0-0.840.861.00.680.70.980.831.00.88-0.030.070.31
0.630.550.620.60.630.540.60.630.320.690.350.6-0.61-0.540.580.610.490.590.680.560.620.52-0.18-0.14-0.17
0.960.990.920.60.970.960.990.960.790.960.840.99-0.92-0.920.990.920.740.80.910.980.920.83-0.010.060.33
0.990.940.980.630.970.870.950.990.710.970.830.93-0.98-0.920.930.980.780.810.960.910.980.84-0.070.020.34
0.860.980.780.540.960.870.950.840.860.870.810.98-0.77-0.880.990.780.70.780.780.990.780.68-0.07-0.030.24
0.940.980.890.60.990.950.950.930.720.920.790.97-0.89-0.890.970.890.690.760.890.970.90.810.010.070.31
1.00.910.990.630.960.990.840.930.650.980.780.92-0.99-0.870.920.990.710.740.980.890.990.88-0.030.060.3
0.660.850.580.320.790.710.860.720.650.720.890.8-0.58-0.840.820.580.750.810.530.830.590.48-0.020.00.38
0.980.920.950.690.960.970.870.920.980.720.770.94-0.95-0.860.940.950.70.750.970.910.960.880.00.090.27
0.790.870.750.350.840.830.810.790.780.890.770.8-0.75-0.930.810.750.810.860.650.820.750.59-0.020.040.44
0.930.980.870.60.990.930.980.970.920.80.940.8-0.86-0.881.00.870.680.750.880.990.870.79-0.010.040.24
-0.99-0.85-1.0-0.61-0.92-0.98-0.77-0.89-0.99-0.58-0.95-0.75-0.860.84-0.86-1.0-0.68-0.7-0.97-0.83-1.0-0.880.02-0.08-0.31
-0.88-0.94-0.84-0.54-0.92-0.92-0.88-0.89-0.87-0.84-0.86-0.93-0.880.84-0.89-0.84-0.92-0.95-0.78-0.89-0.84-0.640.160.1-0.43
0.920.990.860.580.990.930.990.970.920.820.940.811.0-0.86-0.890.860.70.770.871.00.870.79-0.010.040.27
0.990.861.00.610.920.980.780.890.990.580.950.750.87-1.0-0.840.860.680.70.980.831.00.89-0.020.080.31
0.710.760.680.490.740.780.70.690.710.750.70.810.68-0.68-0.920.70.680.970.60.70.680.39-0.41-0.340.36
0.740.830.70.590.80.810.780.760.740.810.750.860.75-0.7-0.950.770.70.970.640.780.70.46-0.28-0.220.32
0.980.840.980.680.910.960.780.890.980.530.970.650.88-0.97-0.780.870.980.60.640.830.980.910.00.090.25
0.90.990.830.560.980.910.990.970.890.830.910.820.99-0.83-0.891.00.830.70.780.830.840.75-0.010.040.27
0.990.861.00.620.920.980.780.90.990.590.960.750.87-1.0-0.840.871.00.680.70.980.840.89-0.020.080.31
0.880.760.880.520.830.840.680.810.880.480.880.590.79-0.88-0.640.790.890.390.460.910.750.890.410.50.32
-0.03-0.01-0.03-0.18-0.01-0.07-0.070.01-0.03-0.020.0-0.02-0.010.020.16-0.01-0.02-0.41-0.280.0-0.01-0.020.410.990.22
0.060.040.07-0.140.060.02-0.030.070.060.00.090.040.04-0.080.10.040.08-0.34-0.220.090.040.080.50.990.25
0.30.350.31-0.170.330.340.240.310.30.380.270.440.24-0.31-0.430.270.310.360.320.250.270.310.320.220.25
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Alpha HPA Account Relationship Matchups

Alpha HPA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.0M52.0M54.6M67.1M267.3M280.7M
Total Current Liabilities586.1K1.7M7.4M11.0M14.4M15.2M
Cash8.0M50.3M16.8M20.6M189.6M199.1M
Other Current Assets87.1K122.1K242.0K412.8K1.1M1.2M
Total Liab586.1K1.7M7.7M11.1M20.1M21.1M
Common Stock48.0M99.8M101.7M127.8M349.0M366.4M
Property Plant Equipment2.6M726.9K28.8M37.8M43.5M45.7M
Other Current Liab238.7K243.2K2.2M7.3M10.7M11.3M
Total Stockholder Equity11.0M50.3M46.9M56.0M247.2M259.5M
Accounts Payable347.4K1.4M5.0M3.4M3.2M3.4M
Net Receivables168.2K538.9K3.2M1.6M8.0M8.4M
Property Plant And Equipment Net3.1K346.9K28.8M37.8M59.5M62.4M
Net Debt(8.0M)(50.3M)(16.3M)(20.2M)(185.9M)(176.6M)
Retained Earnings(40.9M)(57.1M)(64.5M)(80.2M)(105.2M)(99.9M)
Non Current Assets Total2.8M965.1K34.3M43.4M65.9M69.2M
Cash And Short Term Investments8.0M50.3M16.8M20.6M189.6M199.1M
Common Stock Shares Outstanding623.6M694.2M794.0M839.4M921.7M967.8M
Liabilities And Stockholders Equity11.0M52.0M54.6M67.1M267.3M280.7M
Property Plant And Equipment Gross2.6M731.4K34.3M47.9M62.3M65.5M
Total Current Assets8.2M51.0M20.2M23.7M201.4M211.5M
Accumulated Other Comprehensive Income3.8M7.6M9.7M8.4M3.4M2.6M
Non Currrent Assets Other2.7M580.8K205.5K279.6K390.0K409.5K
Inventory(774.0K)(1.1M)10.9K1.1M2.7M2.8M
Other Stockholder Equity517.1K3.8K(7.2M)19.3K0.90.95
Net Tangible Assets11.0M50.3M46.9M56.0M64.4M67.6M
Long Term Investments223.9K238.2K205.5K5.6M2.6M2.8M
Net Invested Capital11.0M50.3M46.9M56.0M250.4M262.9M
Net Working Capital7.7M49.3M12.9M12.7M187.0M196.3M
Capital Stock48.0M99.8M101.7M127.8M349.0M366.4M

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