Althea Short Long Term Debt Total vs Other Current Liab Analysis

AGH Stock

0.04 0 10.00%

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 Short Long Term Debt Total and its Other Current Liab 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.

Short Long Term Debt Total vs Other Current Liab

Short Long Term Debt Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Althea Group Holdings Short Long Term Debt Total account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Althea Group's Short Long Term Debt Total and Other Current Liab is 0.79. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Liab 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 Short Long Term Debt Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Althea Group Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Long Term Debt Total i.e., Althea Group's Short Long Term Debt Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Long Term Debt Total

Other Current Liab

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 19 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 117.8 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	303K	808K	1.3M	1.3M
Depreciation And Amortization	2.7M	2.7M	2.2M	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	0.69	0.85	0.92	0.13	-0.68	0.6	0.39	0.39	0.79	0.62	0.87	0.88	-0.19	0.74	0.92	0.89	0.6	0.97	0.93	0.95	0.9	0.65	-0.68	0.88
Other Current Liab	0.88		0.88	0.65	0.67	0.39	-0.78	0.74	0.1	0.1	0.9	0.84	0.79	0.97	-0.05	0.88	0.8	0.93	0.79	0.88	0.99	0.85	0.88	0.82	-0.69	0.86
Total Current Liabilities	0.69	0.88		0.35	0.51	0.56	-0.91	0.88	-0.08	-0.08	0.9	0.98	0.78	0.91	0.11	0.98	0.67	0.93	0.94	0.73	0.85	0.62	0.86	0.98	-0.77	0.88
Total Stockholder Equity	0.85	0.65	0.35		0.8	-0.29	-0.23	0.11	0.64	0.64	0.5	0.25	0.59	0.62	-0.29	0.4	0.75	0.61	0.21	0.76	0.68	0.92	0.57	0.29	-0.22	0.65
Net Tangible Assets	0.92	0.67	0.51	0.8		-0.07	-0.61	0.51	0.57	0.57	0.66	0.43	0.89	0.7	-0.37	0.6	0.92	0.79	0.48	0.89	0.74	0.83	0.8	0.51	-0.65	0.78
Net Debt	0.13	0.39	0.56	-0.29	-0.07		-0.63	0.69	-0.84	-0.84	0.48	0.7	0.14	0.41	0.6	0.56	-0.05	0.39	0.66	0.32	0.4	0.09	0.48	0.61	-0.63	0.4
Retained Earnings	-0.68	-0.78	-0.91	-0.23	-0.61	-0.63		-0.99	0.13	0.13	-0.85	-0.91	-0.85	-0.83	-0.05	-0.93	-0.69	-0.9	-0.93	-0.76	-0.79	-0.53	-0.91	-0.94	0.96	-0.84
Accounts Payable	0.6	0.74	0.88	0.11	0.51	0.69	-0.99		-0.21	-0.21	0.82	0.9	0.78	0.77	0.11	0.89	0.62	0.84	0.92	0.68	0.74	0.43	0.86	0.9	-0.95	0.76
Cash	0.39	0.1	-0.08	0.64	0.57	-0.84	0.13	-0.21		1.0	0.02	-0.26	0.42	0.09	-0.71	-0.06	0.58	0.16	-0.2	0.2	0.1	0.35	0.05	-0.14	0.15	0.12
Cash And Short Term Investments	0.39	0.1	-0.08	0.64	0.57	-0.84	0.13	-0.21	1.0		0.02	-0.26	0.42	0.09	-0.71	-0.06	0.58	0.16	-0.2	0.2	0.1	0.35	0.05	-0.14	0.15	0.12
Net Receivables	0.79	0.9	0.9	0.5	0.66	0.48	-0.85	0.82	0.02	0.02		0.9	0.79	0.86	0.06	0.94	0.76	0.94	0.93	0.84	0.91	0.73	0.87	0.85	-0.75	0.88
Common Stock Shares Outstanding	0.62	0.84	0.98	0.25	0.43	0.7	-0.91	0.9	-0.26	-0.26	0.9		0.69	0.85	0.29	0.97	0.56	0.88	0.96	0.71	0.82	0.57	0.86	0.96	-0.8	0.86
Short Term Investments	0.87	0.79	0.78	0.59	0.89	0.14	-0.85	0.78	0.42	0.42	0.79	0.69		0.83	-0.34	0.82	0.95	0.92	0.73	0.84	0.8	0.72	0.89	0.77	-0.81	0.85
Inventory	0.88	0.97	0.91	0.62	0.7	0.41	-0.83	0.77	0.09	0.09	0.86	0.85	0.83		-0.11	0.91	0.8	0.95	0.81	0.89	0.96	0.83	0.92	0.89	-0.74	0.91
Other Current Assets	-0.19	-0.05	0.11	-0.29	-0.37	0.6	-0.05	0.11	-0.71	-0.71	0.06	0.29	-0.34	-0.11		0.09	-0.43	-0.06	0.12	-0.05	-0.02	-0.08	0.04	0.1	-0.08	0.06
Total Liab	0.74	0.88	0.98	0.4	0.6	0.56	-0.93	0.89	-0.06	-0.06	0.94	0.97	0.82	0.91	0.09		0.71	0.96	0.97	0.8	0.87	0.68	0.91	0.98	-0.81	0.93
Total Current Assets	0.92	0.8	0.67	0.75	0.92	-0.05	-0.69	0.62	0.58	0.58	0.76	0.56	0.95	0.8	-0.43	0.71		0.86	0.59	0.84	0.82	0.79	0.81	0.62	-0.66	0.78
Common Stock	0.89	0.93	0.93	0.61	0.79	0.39	-0.9	0.84	0.16	0.16	0.94	0.88	0.92	0.95	-0.06	0.96	0.86		0.88	0.92	0.94	0.82	0.96	0.91	-0.82	0.96
Short Long Term Debt Total	0.6	0.79	0.94	0.21	0.48	0.66	-0.93	0.92	-0.2	-0.2	0.93	0.96	0.73	0.81	0.12	0.97	0.59	0.88		0.7	0.78	0.51	0.83	0.95	-0.81	0.83
Property Plant And Equipment Net	0.97	0.88	0.73	0.76	0.89	0.32	-0.76	0.68	0.2	0.2	0.84	0.71	0.84	0.89	-0.05	0.8	0.84	0.92	0.7		0.93	0.93	0.95	0.73	-0.77	0.93
Current Deferred Revenue	0.93	0.99	0.85	0.68	0.74	0.4	-0.79	0.74	0.1	0.1	0.91	0.82	0.8	0.96	-0.02	0.87	0.82	0.94	0.78	0.93		0.89	0.91	0.79	-0.73	0.89
Non Current Assets Total	0.95	0.85	0.62	0.92	0.83	0.09	-0.53	0.43	0.35	0.35	0.73	0.57	0.72	0.83	-0.08	0.68	0.79	0.82	0.51	0.93	0.89		0.82	0.58	-0.51	0.86
Non Currrent Assets Other	0.9	0.88	0.86	0.57	0.8	0.48	-0.91	0.86	0.05	0.05	0.87	0.86	0.89	0.92	0.04	0.91	0.81	0.96	0.83	0.95	0.91	0.82		0.88	-0.9	0.96
Other Assets	0.65	0.82	0.98	0.29	0.51	0.61	-0.94	0.9	-0.14	-0.14	0.85	0.96	0.77	0.89	0.1	0.98	0.62	0.91	0.95	0.73	0.79	0.58	0.88		-0.82	0.89
Good Will	-0.68	-0.69	-0.77	-0.22	-0.65	-0.63	0.96	-0.95	0.15	0.15	-0.75	-0.8	-0.81	-0.74	-0.08	-0.81	-0.66	-0.82	-0.81	-0.77	-0.73	-0.51	-0.9	-0.82		-0.78
Common Stock Total Equity	0.88	0.86	0.88	0.65	0.78	0.4	-0.84	0.76	0.12	0.12	0.88	0.86	0.85	0.91	0.06	0.93	0.78	0.96	0.83	0.93	0.89	0.86	0.96	0.89	-0.78

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Althea Group Account Relationship Matchups

Althea Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	52.4M	53.9M	56.6M	48.3M	23.7M	40.3M
Other Current Liab	1.6M	3.5M	4.2M	5.4M	2.5M	2.8M
Total Current Liabilities	3.5M	6.8M	9.8M	16.9M	16.9M	8.7M
Total Stockholder Equity	46.1M	42.7M	41.5M	29.8M	314K	298.3K
Net Tangible Assets	26.2M	22.8M	22.1M	11.1M	12.8M	18.6M
Net Debt	(7.4M)	(2.3M)	(1.1M)	978K	6.2M	6.5M
Retained Earnings	(25.3M)	(40.1M)	(43.5M)	(56.8M)	(88.7M)	(84.3M)
Accounts Payable	1.7M	3.2M	5.4M	7.5M	11.5M	12.0M
Cash	10.1M	6.4M	6.2M	3.9M	331K	314.5K
Cash And Short Term Investments	10.1M	6.4M	6.2M	3.9M	331K	314.5K
Net Receivables	1.4M	2.7M	6.3M	4.1M	4.9M	3.1M
Common Stock Shares Outstanding	230.1M	248.7M	304.2M	351.0M	375.9M	295.9M
Long Term Debt Total	2.5M	4.0M	5.0M	787K	905.1K	859.8K
Liabilities And Stockholders Equity	52.4M	53.9M	56.6M	48.3M	23.7M	40.3M
Inventory	2.2M	5.2M	3.8M	6.2M	4.0M	3.5M
Other Current Assets	1.6M	600K	1.4M	1.5M	1.7M	1.3M
Other Stockholder Equity	(29.1M)	(27.9M)	(38.6M)	(28.6M)	(25.7M)	(27.0M)
Total Liab	6.3M	11.2M	15.1M	18.6M	23.3M	11.9M
Total Current Assets	15.4M	14.9M	17.8M	15.7M	10.9M	14.8M
Accumulated Other Comprehensive Income	17.0M	14.8M	2.9M	1.2M	2.7M	4.6M
Common Stock	54.4M	68.0M	82.0M	85.3M	86.3M	63.9M
Property Plant And Equipment Net	16.8M	18.7M	19.2M	13.6M	11.5M	14.8M
Current Deferred Revenue	1.5M	2.7M	3.6M	3.7M	1.7M	2.4M
Non Current Assets Total	37.0M	39.0M	38.8M	32.6M	12.8M	12.1M
Non Currrent Assets Other	285K	349K	326K	416K	703K	738.2K
Other Assets	285K	349K	326K	416K	478.4K	354.9K
Net Invested Capital	50.6M	42.7M	41.5M	33.6M	1.3M	1.2M
Long Term Investments	285K	349K	326K	416K	703K	424.6K
Property Plant And Equipment Gross	16.8M	20.7M	22.6M	18.5M	16.6M	17.7M
Capital Stock	54.4M	68.0M	82.0M	85.3M	86.3M	73.7M
Net Working Capital	11.9M	8.1M	8.0M	(1.2M)	(6.0M)	(5.7M)
Intangible Assets	19.9M	19.9M	19.3M	18.6M	513K	487.4K
Property Plant Equipment	16.8M	18.7M	19.2M	13.6M	15.6M	15.2M

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