Alpha Net Receivables vs Total Assets Analysis

A4N Stock

1.02 0.03 3.03%

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 Receivables and its Total Assets 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 Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

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

The correlation between Alpha HPA's Net Receivables and Total Assets is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets 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 Receivables and Total Assets 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 Receivables of Alpha HPA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Alpha HPA's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Total Assets

Total assets refers to the total amount of Alpha HPA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Alpha HPA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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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