Alaska Cash vs Total Stockholder Equity Analysis
AKH-H Stock | CAD 0.01 0.01 33.33% |
Alaska Hydro financial indicator trend analysis is way more than just evaluating Alaska Hydro prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alaska Hydro is a good investment. Please check the relationship between Alaska Hydro Cash and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Hydro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Cash vs Total Stockholder Equity
Cash vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Hydro Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Alaska Hydro's Cash and Total Stockholder Equity is 0.11. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Alaska Hydro, assuming nothing else is changed. The correlation between historical values of Alaska Hydro's Cash and Total Stockholder Equity 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 Alaska Hydro are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Alaska Hydro's Cash and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Alaska Hydro, which is listed under current asset account on Alaska Hydro balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alaska Hydro customers. The amounts must be unrestricted with restricted cash listed in a different Alaska Hydro 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Alaska Hydro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alaska Hydro 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 Alaska Hydro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. Selling General Administrative is likely to climb to about 78.3 K in 2024
Alaska Hydro fundamental ratios Correlations
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Alaska Hydro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alaska Hydro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 101.5K | 115.6K | 133.5K | 73.0K | 151.6K | 96.3K | |
Net Tangible Assets | (138.2K) | (196.8K) | (178.0K) | (147.3K) | (132.5K) | (139.2K) | |
Retained Earnings | (5.0M) | (5.1M) | (5.0M) | (5.1M) | (5.2M) | (5.4M) | |
Accounts Payable | 81.5K | 84.2K | 91.9K | 4.0K | 5.3K | 5.0K | |
Net Receivables | 3.9K | 1.8K | 4.2K | 1.9K | 4.3K | 3.5K | |
Total Current Assets | 7.8K | 8.2K | 30.1K | 1.9K | 4.3K | 4.0K | |
Total Assets | 18.3K | 18.7K | 40.6K | 12.4K | 14.8K | 18.4K | |
Total Stockholder Equity | (138.2K) | (196.8K) | (178.0K) | (147.3K) | (217.7K) | (206.8K) | |
Non Current Liabilities Total | 55K | 100K | 85.1K | 86.7K | 80.9K | 68.0K | |
Total Liab | 156.5K | 215.6K | 218.6K | 159.7K | 232.5K | 171.5K | |
Net Invested Capital | (83.2K) | (96.8K) | (132.9K) | (88.5K) | (143.2K) | (136.1K) | |
Net Working Capital | (93.7K) | (107.3K) | (103.4K) | (71.1K) | (147.3K) | (140.0K) | |
Long Term Debt | 55K | 100K | 45.1K | 56.7K | 70.9K | 64.7K |
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Additional Tools for Alaska Stock Analysis
When running Alaska Hydro's price analysis, check to measure Alaska Hydro'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 Alaska Hydro is operating at the current time. Most of Alaska Hydro's value examination focuses on studying past and present price action to predict the probability of Alaska Hydro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Hydro's price. Additionally, you may evaluate how the addition of Alaska Hydro to your portfolios can decrease your overall portfolio volatility.