Albion Cash And Short Term Investments vs Non Current Liabilities Total Analysis

AATG Stock   68.50  1.50  2.14%   
Albion Technology financial indicator trend analysis is way more than just evaluating Albion Technology General prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albion Technology General is a good investment. Please check the relationship between Albion Technology Cash And Short Term Investments and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albion Technology General. 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.

Cash And Short Term Investments vs Non Current Liabilities Total

Cash And Short Term Investments vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albion Technology General Cash And Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Albion Technology's Cash And Short Term Investments and Non Current Liabilities Total is 0.4. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Albion Technology General, assuming nothing else is changed. The correlation between historical values of Albion Technology's Cash And Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Albion Technology General are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash And Short Term Investments i.e., Albion Technology's Cash And Short Term Investments and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Albion Technology General balance sheet. This account contains Albion Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Albion Technology General fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Liabilities Total

Most indicators from Albion Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albion Technology General 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 Albion Technology General. 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 2.8 M in 2024. Issuance Of Capital Stock is likely to gain to about 11.7 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income1.1M1.1M1.6M1.2M
Net Interest Income1.1M1.1M1.6M1.2M

Albion Technology fundamental ratios Correlations

0.50.561.00.81-0.790.9-0.180.80.97-0.930.79-0.450.970.320.870.260.720.82-0.370.33-0.39-0.370.57-0.130.84
0.50.850.50.14-0.450.610.050.480.44-0.310.490.120.55-0.090.53-0.150.590.560.23-0.380.170.10.03-0.10.46
0.560.850.560.2-0.410.570.090.430.54-0.420.440.070.570.250.620.20.630.50.16-0.180.140.10.31-0.270.59
1.00.50.560.81-0.790.9-0.180.80.97-0.930.79-0.450.970.320.870.260.720.82-0.370.33-0.39-0.370.57-0.130.84
0.810.140.20.81-0.540.61-0.190.530.84-0.870.52-0.560.750.350.550.360.420.53-0.530.28-0.57-0.540.510.120.68
-0.79-0.45-0.41-0.79-0.54-0.80.15-1.0-0.620.61-1.00.29-0.78-0.42-0.650.1-0.38-0.990.23-0.240.050.01-0.510.23-0.81
0.90.610.570.90.61-0.8-0.080.820.84-0.80.81-0.390.880.160.84-0.030.760.84-0.30.2-0.21-0.20.52-0.310.81
-0.180.050.09-0.18-0.190.15-0.08-0.14-0.170.11-0.15-0.08-0.17-0.02-0.120.140.0-0.12-0.07-0.340.530.510.21-0.25-0.2
0.80.480.430.80.53-1.00.82-0.140.63-0.621.0-0.290.790.410.66-0.10.41.0-0.220.22-0.04-0.010.5-0.230.8
0.970.440.540.970.84-0.620.84-0.170.63-0.960.63-0.480.940.260.850.370.760.66-0.40.32-0.49-0.470.55-0.070.77
-0.93-0.31-0.42-0.93-0.870.61-0.80.11-0.62-0.96-0.610.68-0.9-0.28-0.81-0.43-0.7-0.630.63-0.360.420.4-0.560.04-0.75
0.790.490.440.790.52-1.00.81-0.151.00.63-0.61-0.260.790.40.66-0.110.41.0-0.190.22-0.04-0.010.5-0.230.8
-0.450.120.07-0.45-0.560.29-0.39-0.08-0.29-0.480.68-0.26-0.41-0.18-0.36-0.35-0.23-0.260.99-0.20.190.17-0.31-0.09-0.26
0.970.550.570.970.75-0.780.88-0.170.790.94-0.90.79-0.410.290.890.320.690.81-0.330.34-0.35-0.340.44-0.070.83
0.32-0.090.250.320.35-0.420.16-0.020.410.26-0.280.4-0.180.290.250.44-0.240.38-0.180.33-0.09-0.010.46-0.390.43
0.870.530.620.870.55-0.650.84-0.120.660.85-0.810.66-0.360.890.250.340.750.69-0.270.5-0.19-0.180.39-0.320.77
0.26-0.150.20.260.360.1-0.030.14-0.10.37-0.43-0.11-0.350.320.440.340.13-0.1-0.360.43-0.17-0.140.110.160.2
0.720.590.630.720.42-0.380.760.00.40.76-0.70.4-0.230.69-0.240.750.130.45-0.150.11-0.12-0.160.39-0.070.6
0.820.560.50.820.53-0.990.84-0.121.00.66-0.631.0-0.260.810.380.69-0.10.45-0.180.17-0.04-0.010.49-0.240.81
-0.370.230.16-0.37-0.530.23-0.3-0.07-0.22-0.40.63-0.190.99-0.33-0.18-0.27-0.36-0.15-0.18-0.220.20.17-0.29-0.12-0.21
0.33-0.38-0.180.330.28-0.240.2-0.340.220.32-0.360.22-0.20.340.330.50.430.110.17-0.22-0.29-0.20.17-0.210.34
-0.390.170.14-0.39-0.570.05-0.210.53-0.04-0.490.42-0.040.19-0.35-0.09-0.19-0.17-0.12-0.040.2-0.290.99-0.24-0.09-0.15
-0.370.10.1-0.37-0.540.01-0.20.51-0.01-0.470.4-0.010.17-0.34-0.01-0.18-0.14-0.16-0.010.17-0.20.99-0.2-0.12-0.13
0.570.030.310.570.51-0.510.520.210.50.55-0.560.5-0.310.440.460.390.110.390.49-0.290.17-0.24-0.2-0.50.53
-0.13-0.1-0.27-0.130.120.23-0.31-0.25-0.23-0.070.04-0.23-0.09-0.07-0.39-0.320.16-0.07-0.24-0.12-0.21-0.09-0.12-0.5-0.23
0.840.460.590.840.68-0.810.81-0.20.80.77-0.750.8-0.260.830.430.770.20.60.81-0.210.34-0.15-0.130.53-0.23
Click cells to compare fundamentals

Albion Technology Account Relationship Matchups

Albion Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets92.7M78.6M107.8M122.4M128.4M134.8M
Other Current Liab(15K)(33K)(7K)(13K)936K982.8K
Total Current Liabilities15K33K780K13K970K1.0M
Total Stockholder Equity92.0M78.0M107.0M121.2M127.3M133.7M
Net Debt(32.5M)(11.5M)(14.4M)(26.6M)(25.6M)(24.3M)
Retained Earnings55.7M39.6M52.7M113.8M108.8M114.2M
Accounts Payable15K33K7K13K34K36.5K
Cash32.5M11.5M14.4M26.6M25.6M26.8M
Non Current Assets Total59.7M65.2M90.5M92.3M99.4M104.4M
Non Currrent Assets Other(59.7M)(65.2M)(90.5M)(92.3M)(99.4M)(94.4M)
Cash And Short Term Investments32.5M11.5M14.4M26.6M25.6M26.8M
Common Stock Total Equity1.1M1.2M1.3M1.3M1.2M1.1M
Common Stock Shares Outstanding109.6M111.0M130.0M155.5M174.8M183.6M
Liabilities And Stockholders Equity92.7M78.6M107.8M122.4M128.4M134.8M
Non Current Liabilities Total634K613K780K13K123.0K158.2K
Other Current Assets527K2.1M2.9M3.5M3.4M3.6M
Other Stockholder Equity(2.3M)37.1M52.7M5.5M16.5M14.4M
Total Liab15K33K780K1.1M1.1M1.1M
Total Current Assets32.5M11.5M14.9M27.0M29.0M30.5M
Common Stock1.3M1.3M1.5M1.9M2.0M3.7M
Other Assets454K2.0M2.3M3.0M1.00.95
Net Receivables505K1K546K420K303K256.8K
Inventory9.7M(527.0K)(2.0M)(2.9M)(3.5M)0.0
Net Tangible Assets79.9M92.0M78.0M107.0M123.0M87.3M
Long Term Investments59.7M65.2M90.5M92.3M99.4M79.6M
Capital Surpluse23.5M26.6M34.9M37.0M33.3M27.0M
Capital Stock1.3M1.3M1.5M1.9M2.0M1.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Albion Stock Analysis

When running Albion Technology's price analysis, check to measure Albion Technology'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 Albion Technology is operating at the current time. Most of Albion Technology's value examination focuses on studying past and present price action to predict the probability of Albion Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albion Technology's price. Additionally, you may evaluate how the addition of Albion Technology to your portfolios can decrease your overall portfolio volatility.