Alaska Total Current Liabilities vs Net Receivables 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 Total Current Liabilities and its Net Receivables 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Hydro Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Alaska Hydro's Total Current Liabilities and Net Receivables is -0.62. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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 Total Current Liabilities and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Alaska Hydro are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Alaska Hydro's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Alaska Hydro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alaska Hydro are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Receivables

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

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Net Working Capital	Long Term Debt	Capital Stock	Other Liab	Net Debt	Other Current Liab	Short Long Term Debt
Total Current Liabilities		-0.89	-0.77	0.38	-0.43	-0.62	-0.43	-0.67	0.77	0.09	-0.94	0.01	-0.43	0.76	0.97	-0.92	-0.9	0.81	-0.43	-0.43	0.27	-0.21	0.59
Net Tangible Assets	-0.89		0.87	-0.42	0.35	0.82	0.35	0.8	-0.67	-0.15	0.93	-0.08	0.35	-0.65	-0.95	0.83	0.76	-0.89	0.35	0.35	-0.33	0.2	-0.36
Retained Earnings	-0.77	0.87		-0.02	0.72	0.82	0.72	0.84	-0.86	-0.12	0.9	-0.02	0.72	-0.85	-0.84	0.8	0.77	-0.8	0.72	0.72	-0.37	0.45	-0.65
Accounts Payable	0.38	-0.42	-0.02		0.4	-0.15	0.4	0.03	-0.19	0.38	-0.24	0.35	0.4	-0.2	0.36	-0.21	-0.17	0.3	0.4	0.4	-0.14	0.7	-0.41
Other Assets	-0.43	0.35	0.72	0.4		0.3	1.0	0.47	-0.76	0.13	0.59	0.26	1.0	-0.78	-0.43	0.61	0.68	-0.42	1.0	1.0	-0.33	0.52	-0.86
Net Receivables	-0.62	0.82	0.82	-0.15	0.3		0.3	0.87	-0.67	-0.33	0.65	-0.3	0.3	-0.61	-0.68	0.47	0.41	-0.68	0.3	0.3	-0.3	0.27	-0.3
Other Stockholder Equity	-0.43	0.35	0.72	0.4	1.0	0.3		0.47	-0.76	0.13	0.59	0.26	1.0	-0.78	-0.43	0.61	0.68	-0.42	1.0	1.0	-0.33	0.52	-0.86
Total Current Assets	-0.67	0.8	0.84	0.03	0.47	0.87	0.47		-0.74	0.15	0.74	0.19	0.47	-0.68	-0.7	0.61	0.62	-0.75	0.47	0.47	-0.5	0.56	-0.49
Common Stock	0.77	-0.67	-0.86	-0.19	-0.76	-0.67	-0.76	-0.74		0.05	-0.8	-0.03	-0.76	0.99	0.76	-0.74	-0.76	0.68	-0.76	-0.76	0.41	-0.61	0.9
Total Assets	0.09	-0.15	-0.12	0.38	0.13	-0.33	0.13	0.15	0.05		0.01	0.99	0.13	0.04	0.11	0.08	0.21	-0.1	0.13	0.13	-0.48	0.59	-0.18
Total Stockholder Equity	-0.94	0.93	0.9	-0.24	0.59	0.65	0.59	0.74	-0.8	0.01		0.11	0.59	-0.8	-0.98	0.95	0.93	-0.9	0.59	0.59	-0.41	0.37	-0.62
Cash	0.01	-0.08	-0.02	0.35	0.26	-0.3	0.26	0.19	-0.03	0.99	0.11		0.26	-0.04	0.03	0.19	0.33	-0.16	0.26	0.26	-0.49	0.57	-0.27
Non Current Assets Total	-0.43	0.35	0.72	0.4	1.0	0.3	1.0	0.47	-0.76	0.13	0.59	0.26		-0.78	-0.43	0.61	0.68	-0.42	1.0	1.0	-0.33	0.52	-0.86
Common Stock Shares Outstanding	0.76	-0.65	-0.85	-0.2	-0.78	-0.61	-0.78	-0.68	0.99	0.04	-0.8	-0.04	-0.78		0.76	-0.74	-0.77	0.68	-0.78	-0.78	0.42	-0.62	0.91
Total Liab	0.97	-0.95	-0.84	0.36	-0.43	-0.68	-0.43	-0.7	0.76	0.11	-0.98	0.03	-0.43	0.76		-0.91	-0.87	0.89	-0.43	-0.43	0.34	-0.27	0.54
Net Invested Capital	-0.92	0.83	0.8	-0.21	0.61	0.47	0.61	0.61	-0.74	0.08	0.95	0.19	0.61	-0.74	-0.91		0.97	-0.75	0.61	0.61	-0.23	0.31	-0.65
Net Working Capital	-0.9	0.76	0.77	-0.17	0.68	0.41	0.68	0.62	-0.76	0.21	0.93	0.33	0.68	-0.77	-0.87	0.97		-0.78	0.68	0.68	-0.39	0.37	-0.73
Long Term Debt	0.81	-0.89	-0.8	0.3	-0.42	-0.68	-0.42	-0.75	0.68	-0.1	-0.9	-0.16	-0.42	0.68	0.89	-0.75	-0.78		-0.42	-0.42	0.71	-0.38	0.46
Capital Stock	-0.43	0.35	0.72	0.4	1.0	0.3	1.0	0.47	-0.76	0.13	0.59	0.26	1.0	-0.78	-0.43	0.61	0.68	-0.42		1.0	-0.33	0.52	-0.86
Other Liab	-0.43	0.35	0.72	0.4	1.0	0.3	1.0	0.47	-0.76	0.13	0.59	0.26	1.0	-0.78	-0.43	0.61	0.68	-0.42	1.0		-0.33	0.52	-0.86
Net Debt	0.27	-0.33	-0.37	-0.14	-0.33	-0.3	-0.33	-0.5	0.41	-0.48	-0.41	-0.49	-0.33	0.42	0.34	-0.23	-0.39	0.71	-0.33	-0.33		-0.59	0.4
Other Current Liab	-0.21	0.2	0.45	0.7	0.52	0.27	0.52	0.56	-0.61	0.59	0.37	0.57	0.52	-0.62	-0.27	0.31	0.37	-0.38	0.52	0.52	-0.59		-0.67
Short Long Term Debt	0.59	-0.36	-0.65	-0.41	-0.86	-0.3	-0.86	-0.49	0.9	-0.18	-0.62	-0.27	-0.86	0.91	0.54	-0.65	-0.73	0.46	-0.86	-0.86	0.4	-0.67

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Alaska Hydro Account Relationship Matchups

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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