Alpha Gross Profit vs Total Operating Expenses 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 Gross Profit and its Total Operating Expenses 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.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha HPA Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alpha HPA's Gross Profit and Total Operating Expenses is -0.63. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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 Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Alpha HPA are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Alpha HPA's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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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