Albion Other Stockholder Equity vs Short Term Investments Analysis

AATG Stock   70.00  0.38  0.55%   
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 Other Stockholder Equity and its Short Term Investments 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.

Other Stockholder Equity vs Short Term Investments

Other Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albion Technology General Other Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Albion Technology's Other Stockholder Equity and Short Term Investments is -0.14. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Investments 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 Other Stockholder Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Albion Technology General are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Albion Technology's Other Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Short Term Investments

Short Term Investments is an item under the current assets section of Albion Technology balance sheet. It contains any investments Albion Technology General undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Albion Technology General can easily liquidate in the marketplace.
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

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