Althea Cash vs Good Will Analysis

AGH Stock

0.03 0 8.70%

Althea Group financial indicator trend analysis is way more than just evaluating Althea Group Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Althea Group Holdings is a good investment. Please check the relationship between Althea Group Cash and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Althea Group Holdings. 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 vs Good Will

Cash vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Althea Group Holdings Cash account and Good Will. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Althea Group's Cash and Good Will is 0.17. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of Althea Group Holdings, assuming nothing else is changed. The correlation between historical values of Althea Group's Cash and Good Will 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 of Althea Group Holdings are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., Althea Group's Cash and Good Will go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Althea Group Holdings, which is listed under current asset account on Althea Group Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Althea Group customers. The amounts must be unrestricted with restricted cash listed in a different Althea Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Althea Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Althea Group Holdings 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 Althea Group Holdings. 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 21.9 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 106 K in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	808K	1.3M	1.5M	1.5M
Depreciation And Amortization	2.7M	2.2M	2.6M	1.9M

Interest Expense Depreciation And Amortization

Althea Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Good Will	Common Stock Total Equity
Total Assets		0.88	0.63	0.82	0.92	0.15	-0.65	0.54	0.36	0.36	0.74	0.53	0.86	0.85	-0.16	0.65	0.92	0.83	0.5	0.96	0.92	0.96	0.86	0.63	-0.7	0.86
Other Current Liab	0.88		0.81	0.58	0.66	0.43	-0.79	0.7	0.04	0.04	0.88	0.77	0.8	0.97	0.02	0.8	0.81	0.91	0.72	0.88	0.99	0.84	0.87	0.83	-0.71	0.88
Total Current Liabilities	0.63	0.81		0.09	0.49	0.73	-0.97	0.98	-0.26	-0.26	0.87	0.92	0.8	0.86	0.23	0.99	0.66	0.9	0.91	0.73	0.79	0.49	0.9	0.94	-0.9	0.81
Total Stockholder Equity	0.82	0.58	0.09		0.78	-0.35	-0.14	-0.03	0.65	0.65	0.36	0.07	0.52	0.51	-0.33	0.12	0.7	0.45	0.03	0.69	0.63	0.89	0.45	0.19	-0.19	0.55
Net Tangible Assets	0.92	0.66	0.49	0.78		-0.04	-0.56	0.45	0.55	0.55	0.6	0.36	0.87	0.67	-0.32	0.55	0.92	0.72	0.39	0.87	0.73	0.84	0.76	0.48	-0.65	0.75
Net Debt	0.15	0.43	0.73	-0.35	-0.04		-0.7	0.76	-0.83	-0.83	0.57	0.76	0.24	0.49	0.65	0.74	0.03	0.5	0.73	0.37	0.43	0.11	0.57	0.68	-0.65	0.47
Retained Earnings	-0.65	-0.79	-0.97	-0.14	-0.56	-0.7		-0.97	0.2	0.2	-0.89	-0.92	-0.84	-0.86	-0.2	-0.98	-0.68	-0.93	-0.93	-0.77	-0.78	-0.52	-0.93	-0.95	0.88	-0.86
Accounts Payable	0.54	0.7	0.98	-0.03	0.45	0.76	-0.97		-0.31	-0.31	0.83	0.9	0.77	0.77	0.26	0.99	0.6	0.85	0.91	0.67	0.69	0.38	0.86	0.9	-0.91	0.76
Cash	0.36	0.04	-0.26	0.65	0.55	-0.83	0.2	-0.31		1.0	-0.09	-0.35	0.34	0.01	-0.73	-0.25	0.52	0.04	-0.3	0.14	0.06	0.32	-0.04	-0.22	0.17	0.04
Cash And Short Term Investments	0.36	0.04	-0.26	0.65	0.55	-0.83	0.2	-0.31	1.0		-0.09	-0.35	0.34	0.01	-0.73	-0.25	0.52	0.04	-0.3	0.14	0.06	0.32	-0.04	-0.22	0.17	0.04
Net Receivables	0.74	0.88	0.87	0.36	0.6	0.57	-0.89	0.83	-0.09	-0.09		0.9	0.8	0.87	0.2	0.88	0.74	0.95	0.92	0.83	0.88	0.68	0.89	0.89	-0.75	0.9
Common Stock Shares Outstanding	0.53	0.77	0.92	0.07	0.36	0.76	-0.92	0.9	-0.35	-0.35	0.9		0.68	0.83	0.44	0.91	0.53	0.89	0.97	0.67	0.73	0.47	0.84	0.97	-0.75	0.85
Short Term Investments	0.86	0.8	0.8	0.52	0.87	0.24	-0.84	0.77	0.34	0.34	0.8	0.68		0.85	-0.21	0.83	0.96	0.91	0.71	0.85	0.81	0.72	0.89	0.78	-0.81	0.86
Inventory	0.85	0.97	0.86	0.51	0.67	0.49	-0.86	0.77	0.01	0.01	0.87	0.83	0.85		0.02	0.85	0.8	0.95	0.79	0.89	0.95	0.81	0.92	0.91	-0.76	0.93
Other Current Assets	-0.16	0.02	0.23	-0.33	-0.32	0.65	-0.2	0.26	-0.73	-0.73	0.2	0.44	-0.21	0.02		0.22	-0.34	0.1	0.31	0.03	0.04	-0.07	0.16	0.26	-0.17	0.18
Total Liab	0.65	0.8	0.99	0.12	0.55	0.74	-0.98	0.99	-0.25	-0.25	0.88	0.91	0.83	0.85	0.22		0.68	0.91	0.92	0.77	0.8	0.52	0.93	0.93	-0.93	0.84
Total Current Assets	0.92	0.81	0.66	0.7	0.92	0.03	-0.68	0.6	0.52	0.52	0.74	0.53	0.96	0.8	-0.34	0.68		0.84	0.55	0.84	0.83	0.8	0.8	0.64	-0.68	0.79
Common Stock	0.83	0.91	0.9	0.45	0.72	0.5	-0.93	0.85	0.04	0.04	0.95	0.89	0.91	0.95	0.1	0.91	0.84		0.89	0.9	0.9	0.76	0.96	0.94	-0.81	0.97
Short Long Term Debt Total	0.5	0.72	0.91	0.03	0.39	0.73	-0.93	0.91	-0.3	-0.3	0.92	0.97	0.71	0.79	0.31	0.92	0.55	0.89		0.66	0.69	0.42	0.82	0.95	-0.75	0.82
Property Plant And Equipment Net	0.96	0.88	0.73	0.69	0.87	0.37	-0.77	0.67	0.14	0.14	0.83	0.67	0.85	0.89	0.03	0.77	0.84	0.9	0.66		0.93	0.93	0.94	0.75	-0.8	0.94
Current Deferred Revenue	0.92	0.99	0.79	0.63	0.73	0.43	-0.78	0.69	0.06	0.06	0.88	0.73	0.81	0.95	0.04	0.8	0.83	0.9	0.69	0.93		0.89	0.9	0.79	-0.75	0.89
Non Current Assets Total	0.96	0.84	0.49	0.89	0.84	0.11	-0.52	0.38	0.32	0.32	0.68	0.47	0.72	0.81	-0.07	0.52	0.8	0.76	0.42	0.93	0.89		0.78	0.56	-0.54	0.84
Non Currrent Assets Other	0.86	0.87	0.9	0.45	0.76	0.57	-0.93	0.86	-0.04	-0.04	0.89	0.84	0.89	0.92	0.16	0.93	0.8	0.96	0.82	0.94	0.9	0.78		0.9	-0.9	0.96
Other Assets	0.63	0.83	0.94	0.19	0.48	0.68	-0.95	0.9	-0.22	-0.22	0.89	0.97	0.78	0.91	0.26	0.93	0.64	0.94	0.95	0.75	0.79	0.56	0.9		-0.8	0.9
Good Will	-0.7	-0.71	-0.9	-0.19	-0.65	-0.65	0.88	-0.91	0.17	0.17	-0.75	-0.75	-0.81	-0.76	-0.17	-0.93	-0.68	-0.81	-0.75	-0.8	-0.75	-0.54	-0.9	-0.8		-0.78
Common Stock Total Equity	0.86	0.88	0.81	0.55	0.75	0.47	-0.86	0.76	0.04	0.04	0.9	0.85	0.86	0.93	0.18	0.84	0.79	0.97	0.82	0.94	0.89	0.84	0.96	0.9	-0.78

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Althea Group Account Relationship Matchups

Althea Group fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	53.9M	56.6M	48.3M	23.7M	27.2M	40.3M
Other Current Liab	3.5M	4.2M	5.4M	2.5M	2.9M	2.8M
Total Current Liabilities	6.8M	9.8M	16.9M	16.9M	19.4M	20.4M
Total Stockholder Equity	42.7M	41.5M	29.8M	314K	361.1K	343.0K
Net Tangible Assets	26.2M	22.8M	22.1M	11.1M	12.8M	18.6M
Net Debt	(2.3M)	(1.1M)	978K	6.2M	7.1M	7.5M
Retained Earnings	(40.1M)	(43.5M)	(56.8M)	(88.7M)	(79.9M)	(75.9M)
Accounts Payable	3.2M	5.4M	7.5M	11.5M	13.2M	13.8M
Cash	6.4M	6.2M	3.9M	331K	297.9K	283.0K
Cash And Short Term Investments	6.4M	6.2M	3.9M	331K	297.9K	283.0K
Net Receivables	2.7M	6.3M	4.1M	4.9M	5.6M	3.1M
Common Stock Shares Outstanding	248.7M	304.2M	351.0M	375.9M	432.3M	295.9M
Long Term Debt Total	2.5M	4.0M	5.0M	787K	905.1K	859.8K
Liabilities And Stockholders Equity	53.9M	56.6M	48.3M	23.7M	27.2M	40.3M
Inventory	5.2M	3.8M	6.2M	4.0M	4.6M	3.5M
Other Current Assets	600K	1.4M	1.5M	1.7M	2.0M	1.3M
Other Stockholder Equity	(29.1M)	(27.9M)	(38.6M)	(28.6M)	(25.7M)	(27.0M)
Total Liab	11.2M	15.1M	18.6M	23.3M	26.8M	28.2M
Total Current Assets	14.9M	17.8M	15.7M	10.9M	12.5M	14.8M
Accumulated Other Comprehensive Income	14.8M	2.9M	1.2M	2.7M	2.5M	4.6M
Short Term Debt	54K	141K	4.1M	1.3M	1.5M	929.8K
Common Stock	68.0M	82.0M	85.3M	86.3M	99.3M	63.9M
Short Long Term Debt Total	4.0M	5.1M	4.9M	6.5M	7.5M	4.8M
Property Plant And Equipment Net	18.7M	19.2M	13.6M	11.5M	13.3M	14.8M
Current Deferred Revenue	2.7M	3.6M	3.7M	1.7M	1.9M	2.4M
Non Current Assets Total	39.0M	38.8M	32.6M	12.8M	14.7M	13.9M
Non Currrent Assets Other	349K	326K	416K	703K	808.5K	848.9K
Other Assets	285K	349K	326K	416K	478.4K	354.9K
Non Current Liabilities Total	4.5M	5.3M	1.7M	6.4M	7.4M	4.3M
Net Invested Capital	42.7M	41.5M	33.6M	1.3M	1.2M	1.1M
Long Term Investments	349K	326K	416K	703K	808.5K	424.6K
Property Plant And Equipment Gross	20.7M	22.6M	18.5M	16.6M	19.1M	17.7M
Capital Stock	68.0M	82.0M	85.3M	86.3M	99.3M	73.7M
Net Working Capital	8.1M	8.0M	(1.2M)	(6.0M)	(5.4M)	(5.1M)
Intangible Assets	19.9M	19.3M	18.6M	513K	461.7K	438.6K
Property Plant Equipment	16.8M	18.7M	19.2M	13.6M	15.6M	15.2M
Capital Lease Obligations	4.0M	5.1M	973K	5.6M	6.4M	3.5M
Non Current Liabilities Other	425K	270K	709K	1.1M	1.3M	1.4M

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