Alpha Net Income vs Operating Income 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 Net Income and its Operating Income 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha HPA Net Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Alpha HPA's Net Income and Operating Income is 0.96. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income 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 Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Alpha HPA are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Alpha HPA's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Alpha HPA financial statement analysis. It represents the amount of money remaining after all of Alpha HPA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Alpha HPA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Alpha HPA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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

Research Development Reconciled Depreciation

Alpha HPA fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Cash	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Current Liab	Total Stockholder Equity	Accounts Payable	Net Receivables	Short Term Investments	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Assets	Short Term Debt	Non Currrent Assets Other
Total Assets		0.92	0.99	0.63	0.96	0.99	0.86	0.94	1.0	0.66	0.98	0.79	0.93	-0.99	-0.88	0.92	0.99	0.71	0.74	0.98	0.9	0.99	0.88	-0.03	0.06	0.3
Total Current Liabilities	0.92		0.86	0.55	0.99	0.94	0.98	0.98	0.91	0.85	0.92	0.87	0.98	-0.85	-0.94	0.99	0.86	0.76	0.83	0.84	0.99	0.86	0.76	-0.01	0.04	0.35
Cash	0.99	0.86		0.62	0.92	0.98	0.78	0.89	0.99	0.58	0.95	0.75	0.87	-1.0	-0.84	0.86	1.0	0.68	0.7	0.98	0.83	1.0	0.88	-0.03	0.07	0.31
Other Current Assets	0.63	0.55	0.62		0.6	0.63	0.54	0.6	0.63	0.32	0.69	0.35	0.6	-0.61	-0.54	0.58	0.61	0.49	0.59	0.68	0.56	0.62	0.52	-0.18	-0.14	-0.17
Total Liab	0.96	0.99	0.92	0.6		0.97	0.96	0.99	0.96	0.79	0.96	0.84	0.99	-0.92	-0.92	0.99	0.92	0.74	0.8	0.91	0.98	0.92	0.83	-0.01	0.06	0.33
Common Stock	0.99	0.94	0.98	0.63	0.97		0.87	0.95	0.99	0.71	0.97	0.83	0.93	-0.98	-0.92	0.93	0.98	0.78	0.81	0.96	0.91	0.98	0.84	-0.07	0.02	0.34
Property Plant Equipment	0.86	0.98	0.78	0.54	0.96	0.87		0.95	0.84	0.86	0.87	0.81	0.98	-0.77	-0.88	0.99	0.78	0.7	0.78	0.78	0.99	0.78	0.68	-0.07	-0.03	0.24
Other Current Liab	0.94	0.98	0.89	0.6	0.99	0.95	0.95		0.93	0.72	0.92	0.79	0.97	-0.89	-0.89	0.97	0.89	0.69	0.76	0.89	0.97	0.9	0.81	0.01	0.07	0.31
Total Stockholder Equity	1.0	0.91	0.99	0.63	0.96	0.99	0.84	0.93		0.65	0.98	0.78	0.92	-0.99	-0.87	0.92	0.99	0.71	0.74	0.98	0.89	0.99	0.88	-0.03	0.06	0.3
Accounts Payable	0.66	0.85	0.58	0.32	0.79	0.71	0.86	0.72	0.65		0.72	0.89	0.8	-0.58	-0.84	0.82	0.58	0.75	0.81	0.53	0.83	0.59	0.48	-0.02	0.0	0.38
Net Receivables	0.98	0.92	0.95	0.69	0.96	0.97	0.87	0.92	0.98	0.72		0.77	0.94	-0.95	-0.86	0.94	0.95	0.7	0.75	0.97	0.91	0.96	0.88	0.0	0.09	0.27
Short Term Investments	0.79	0.87	0.75	0.35	0.84	0.83	0.81	0.79	0.78	0.89	0.77		0.8	-0.75	-0.93	0.81	0.75	0.81	0.86	0.65	0.82	0.75	0.59	-0.02	0.04	0.44
Property Plant And Equipment Net	0.93	0.98	0.87	0.6	0.99	0.93	0.98	0.97	0.92	0.8	0.94	0.8		-0.86	-0.88	1.0	0.87	0.68	0.75	0.88	0.99	0.87	0.79	-0.01	0.04	0.24
Net Debt	-0.99	-0.85	-1.0	-0.61	-0.92	-0.98	-0.77	-0.89	-0.99	-0.58	-0.95	-0.75	-0.86		0.84	-0.86	-1.0	-0.68	-0.7	-0.97	-0.83	-1.0	-0.88	0.02	-0.08	-0.31
Retained Earnings	-0.88	-0.94	-0.84	-0.54	-0.92	-0.92	-0.88	-0.89	-0.87	-0.84	-0.86	-0.93	-0.88	0.84		-0.89	-0.84	-0.92	-0.95	-0.78	-0.89	-0.84	-0.64	0.16	0.1	-0.43
Non Current Assets Total	0.92	0.99	0.86	0.58	0.99	0.93	0.99	0.97	0.92	0.82	0.94	0.81	1.0	-0.86	-0.89		0.86	0.7	0.77	0.87	1.0	0.87	0.79	-0.01	0.04	0.27
Cash And Short Term Investments	0.99	0.86	1.0	0.61	0.92	0.98	0.78	0.89	0.99	0.58	0.95	0.75	0.87	-1.0	-0.84	0.86		0.68	0.7	0.98	0.83	1.0	0.89	-0.02	0.08	0.31
Common Stock Total Equity	0.71	0.76	0.68	0.49	0.74	0.78	0.7	0.69	0.71	0.75	0.7	0.81	0.68	-0.68	-0.92	0.7	0.68		0.97	0.6	0.7	0.68	0.39	-0.41	-0.34	0.36
Common Stock Shares Outstanding	0.74	0.83	0.7	0.59	0.8	0.81	0.78	0.76	0.74	0.81	0.75	0.86	0.75	-0.7	-0.95	0.77	0.7	0.97		0.64	0.78	0.7	0.46	-0.28	-0.22	0.32
Non Current Liabilities Total	0.98	0.84	0.98	0.68	0.91	0.96	0.78	0.89	0.98	0.53	0.97	0.65	0.88	-0.97	-0.78	0.87	0.98	0.6	0.64		0.83	0.98	0.91	0.0	0.09	0.25
Property Plant And Equipment Gross	0.9	0.99	0.83	0.56	0.98	0.91	0.99	0.97	0.89	0.83	0.91	0.82	0.99	-0.83	-0.89	1.0	0.83	0.7	0.78	0.83		0.84	0.75	-0.01	0.04	0.27
Total Current Assets	0.99	0.86	1.0	0.62	0.92	0.98	0.78	0.9	0.99	0.59	0.96	0.75	0.87	-1.0	-0.84	0.87	1.0	0.68	0.7	0.98	0.84		0.89	-0.02	0.08	0.31
Short Long Term Debt Total	0.88	0.76	0.88	0.52	0.83	0.84	0.68	0.81	0.88	0.48	0.88	0.59	0.79	-0.88	-0.64	0.79	0.89	0.39	0.46	0.91	0.75	0.89		0.41	0.5	0.32
Other Assets	-0.03	-0.01	-0.03	-0.18	-0.01	-0.07	-0.07	0.01	-0.03	-0.02	0.0	-0.02	-0.01	0.02	0.16	-0.01	-0.02	-0.41	-0.28	0.0	-0.01	-0.02	0.41		0.99	0.22
Short Term Debt	0.06	0.04	0.07	-0.14	0.06	0.02	-0.03	0.07	0.06	0.0	0.09	0.04	0.04	-0.08	0.1	0.04	0.08	-0.34	-0.22	0.09	0.04	0.08	0.5	0.99		0.25
Non Currrent Assets Other	0.3	0.35	0.31	-0.17	0.33	0.34	0.24	0.31	0.3	0.38	0.27	0.44	0.24	-0.31	-0.43	0.27	0.31	0.36	0.32	0.25	0.27	0.31	0.32	0.22	0.25

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Alpha HPA Account Relationship Matchups

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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