Alpha Ebitda vs Income Tax Expense 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 Ebitda and its Income Tax Expense 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.
Ebitda vs Income Tax Expense
Ebitda vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha HPA Ebitda account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Alpha HPA's Ebitda and Income Tax Expense is 0.82. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense 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 Ebitda and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Alpha HPA are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., Alpha HPA's Ebitda and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ebitda
Income Tax Expense
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 Development | 7.7M | 869.3K | 249.4K | 236.9K | Reconciled Depreciation | 152.7K | 986.7K | 2.0M | 2.1M |
Alpha HPA fundamental ratios Correlations
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Alpha HPA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alpha HPA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0M | 52.0M | 54.6M | 67.1M | 267.3M | 280.7M | |
Total Current Liabilities | 586.1K | 1.7M | 7.4M | 11.0M | 14.4M | 15.2M | |
Cash | 8.0M | 50.3M | 16.8M | 20.6M | 189.6M | 199.1M | |
Other Current Assets | 87.1K | 122.1K | 242.0K | 412.8K | 1.1M | 1.2M | |
Total Liab | 586.1K | 1.7M | 7.7M | 11.1M | 20.1M | 21.1M | |
Common Stock | 48.0M | 99.8M | 101.7M | 127.8M | 349.0M | 366.4M | |
Property Plant Equipment | 2.6M | 726.9K | 28.8M | 37.8M | 43.5M | 45.7M | |
Other Current Liab | 238.7K | 243.2K | 2.2M | 7.3M | 10.7M | 11.3M | |
Total Stockholder Equity | 11.0M | 50.3M | 46.9M | 56.0M | 247.2M | 259.5M | |
Accounts Payable | 347.4K | 1.4M | 5.0M | 3.4M | 3.2M | 3.4M | |
Net Receivables | 168.2K | 538.9K | 3.2M | 1.6M | 8.0M | 8.4M | |
Property Plant And Equipment Net | 3.1K | 346.9K | 28.8M | 37.8M | 59.5M | 62.4M | |
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 Total | 2.8M | 965.1K | 34.3M | 43.4M | 65.9M | 69.2M | |
Cash And Short Term Investments | 8.0M | 50.3M | 16.8M | 20.6M | 189.6M | 199.1M | |
Common Stock Shares Outstanding | 623.6M | 694.2M | 794.0M | 839.4M | 921.7M | 967.8M | |
Liabilities And Stockholders Equity | 11.0M | 52.0M | 54.6M | 67.1M | 267.3M | 280.7M | |
Property Plant And Equipment Gross | 2.6M | 731.4K | 34.3M | 47.9M | 62.3M | 65.5M | |
Total Current Assets | 8.2M | 51.0M | 20.2M | 23.7M | 201.4M | 211.5M | |
Accumulated Other Comprehensive Income | 3.8M | 7.6M | 9.7M | 8.4M | 3.4M | 2.6M | |
Non Currrent Assets Other | 2.7M | 580.8K | 205.5K | 279.6K | 390.0K | 409.5K | |
Inventory | (774.0K) | (1.1M) | 10.9K | 1.1M | 2.7M | 2.8M | |
Other Stockholder Equity | 517.1K | 3.8K | (7.2M) | 19.3K | 0.9 | 0.95 | |
Net Tangible Assets | 11.0M | 50.3M | 46.9M | 56.0M | 64.4M | 67.6M | |
Long Term Investments | 223.9K | 238.2K | 205.5K | 5.6M | 2.6M | 2.8M | |
Net Invested Capital | 11.0M | 50.3M | 46.9M | 56.0M | 250.4M | 262.9M | |
Net Working Capital | 7.7M | 49.3M | 12.9M | 12.7M | 187.0M | 196.3M | |
Capital Stock | 48.0M | 99.8M | 101.7M | 127.8M | 349.0M | 366.4M |
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When running Alpha HPA's price analysis, check to measure Alpha HPA'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 Alpha HPA is operating at the current time. Most of Alpha HPA's value examination focuses on studying past and present price action to predict the probability of Alpha HPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha HPA's price. Additionally, you may evaluate how the addition of Alpha HPA to your portfolios can decrease your overall portfolio volatility.