Alliance Net Debt vs Property Plant Equipment Analysis

AENT Stock   4.58  0.27  6.26%   
Alliance Entertainment financial indicator trend analysis is way more than just evaluating Alliance Entertainment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliance Entertainment is a good investment. Please check the relationship between Alliance Entertainment Net Debt and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alliance Entertainment Holding. 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 Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Entertainment Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Alliance Entertainment's Net Debt and Property Plant Equipment is -0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Alliance Entertainment Holding, assuming nothing else is changed. The correlation between historical values of Alliance Entertainment's Net Debt and Property Plant Equipment 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 Debt of Alliance Entertainment Holding are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., Alliance Entertainment's Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

Most indicators from Alliance Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alliance Entertainment 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 Alliance Entertainment Holding. 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.
At this time, Alliance Entertainment's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 14.13 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit182.4M103.9M104.7M106.3M
Total Revenue1.4B1.2B1.1B1.2B

Alliance Entertainment fundamental ratios Correlations

0.470.63-0.770.340.540.510.70.380.630.47-0.09-0.110.24-0.610.46-0.110.580.74-0.040.37-0.570.250.430.42-0.74
0.470.9-0.680.930.970.670.9-0.260.890.980.570.27-0.43-0.330.240.270.910.39-0.490.98-0.12-0.460.991.0-0.82
0.630.9-0.810.860.90.490.95-0.11.00.870.25-0.12-0.24-0.370.6-0.120.80.59-0.540.87-0.27-0.140.880.88-0.9
-0.77-0.68-0.81-0.46-0.81-0.73-0.93-0.48-0.81-0.730.030.07-0.270.66-0.580.07-0.75-0.94-0.03-0.580.75-0.23-0.63-0.630.98
0.340.930.86-0.460.820.410.76-0.550.850.850.580.16-0.61-0.170.220.160.790.14-0.770.950.17-0.540.950.95-0.64
0.540.970.9-0.810.820.720.94-0.050.90.990.470.2-0.29-0.350.380.20.880.55-0.310.94-0.3-0.340.940.95-0.9
0.510.670.49-0.730.410.720.730.340.480.70.390.60.1-0.77-0.120.60.860.620.230.54-0.55-0.160.640.63-0.75
0.70.90.95-0.930.760.940.730.130.940.90.230.04-0.05-0.560.490.040.890.75-0.280.83-0.49-0.070.860.86-0.99
0.38-0.26-0.1-0.48-0.55-0.050.340.13-0.1-0.15-0.58-0.170.87-0.510.26-0.17-0.040.740.81-0.39-0.890.74-0.34-0.33-0.29
0.630.891.0-0.810.850.90.480.94-0.10.860.23-0.14-0.23-0.360.61-0.140.790.59-0.550.86-0.27-0.130.870.87-0.9
0.470.980.87-0.730.850.990.70.9-0.150.860.580.28-0.4-0.290.30.280.870.45-0.360.96-0.19-0.460.960.97-0.85
-0.090.570.250.030.580.470.390.23-0.580.230.580.78-0.840.04-0.390.780.52-0.33-0.340.620.52-0.970.60.63-0.14
-0.110.27-0.120.070.160.20.60.04-0.17-0.140.280.78-0.38-0.3-0.761.00.45-0.210.180.230.21-0.670.30.3-0.01
0.24-0.43-0.24-0.27-0.61-0.290.1-0.050.87-0.23-0.4-0.84-0.38-0.420.16-0.38-0.230.580.68-0.56-0.810.93-0.48-0.51-0.08
-0.61-0.33-0.370.66-0.17-0.35-0.77-0.56-0.51-0.36-0.290.04-0.3-0.420.05-0.3-0.68-0.7-0.21-0.150.63-0.27-0.32-0.280.62
0.460.240.6-0.580.220.38-0.120.490.260.610.3-0.39-0.760.160.05-0.760.070.58-0.220.27-0.40.40.180.21-0.53
-0.110.27-0.120.070.160.20.60.04-0.17-0.140.280.781.0-0.38-0.3-0.760.45-0.210.180.230.21-0.670.30.3-0.01
0.580.910.8-0.750.790.880.860.89-0.040.790.870.520.45-0.23-0.680.070.450.52-0.290.82-0.28-0.340.910.89-0.85
0.740.390.59-0.940.140.550.620.750.740.590.45-0.33-0.210.58-0.70.58-0.210.520.290.26-0.920.530.320.31-0.84
-0.04-0.49-0.54-0.03-0.77-0.310.23-0.280.81-0.55-0.36-0.340.180.68-0.21-0.220.18-0.290.29-0.58-0.570.44-0.55-0.530.14
0.370.980.87-0.580.950.940.540.83-0.390.860.960.620.23-0.56-0.150.270.230.820.26-0.580.02-0.560.980.99-0.74
-0.57-0.12-0.270.750.17-0.3-0.55-0.49-0.89-0.27-0.190.520.21-0.810.63-0.40.21-0.28-0.92-0.570.02-0.7-0.05-0.030.62
0.25-0.46-0.14-0.23-0.54-0.34-0.16-0.070.74-0.13-0.46-0.97-0.670.93-0.270.4-0.67-0.340.530.44-0.56-0.7-0.51-0.54-0.05
0.430.990.88-0.630.950.940.640.86-0.340.870.960.60.3-0.48-0.320.180.30.910.32-0.550.98-0.05-0.511.0-0.78
0.421.00.88-0.630.950.950.630.86-0.330.870.970.630.3-0.51-0.280.210.30.890.31-0.530.99-0.03-0.541.0-0.78
-0.74-0.82-0.90.98-0.64-0.9-0.75-0.99-0.29-0.9-0.85-0.14-0.01-0.080.62-0.53-0.01-0.85-0.840.14-0.740.62-0.05-0.78-0.78
Click cells to compare fundamentals

Alliance Entertainment Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Alliance Stock Analysis

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