Alaska Total Stockholder Equity vs Accounts Payable Analysis

AKH-H Stock  CAD 0.01  0.01  50.00%   
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 Stockholder Equity and its Accounts Payable 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 Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Hydro Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alaska Hydro's Total Stockholder Equity and Accounts Payable is -0.24. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Stockholder Equity and Accounts Payable 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 Stockholder Equity of Alaska Hydro are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Alaska Hydro's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Accounts Payable

An accounting item on the balance sheet that represents Alaska Hydro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Alaska Hydro are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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

-0.89-0.770.38-0.43-0.62-0.43-0.670.770.09-0.940.01-0.430.760.97-0.92-0.90.81-0.43-0.430.27-0.210.59
-0.890.87-0.420.350.820.350.8-0.67-0.150.93-0.080.35-0.65-0.950.830.76-0.890.350.35-0.330.2-0.36
-0.770.87-0.020.720.820.720.84-0.86-0.120.9-0.020.72-0.85-0.840.80.77-0.80.720.72-0.370.45-0.65
0.38-0.42-0.020.4-0.150.40.03-0.190.38-0.240.350.4-0.20.36-0.21-0.170.30.40.4-0.140.7-0.41
-0.430.350.720.40.31.00.47-0.760.130.590.261.0-0.78-0.430.610.68-0.421.01.0-0.330.52-0.86
-0.620.820.82-0.150.30.30.87-0.67-0.330.65-0.30.3-0.61-0.680.470.41-0.680.30.3-0.30.27-0.3
-0.430.350.720.41.00.30.47-0.760.130.590.261.0-0.78-0.430.610.68-0.421.01.0-0.330.52-0.86
-0.670.80.840.030.470.870.47-0.740.150.740.190.47-0.68-0.70.610.62-0.750.470.47-0.50.56-0.49
0.77-0.67-0.86-0.19-0.76-0.67-0.76-0.740.05-0.8-0.03-0.760.990.76-0.74-0.760.68-0.76-0.760.41-0.610.9
0.09-0.15-0.120.380.13-0.330.130.150.050.010.990.130.040.110.080.21-0.10.130.13-0.480.59-0.18
-0.940.930.9-0.240.590.650.590.74-0.80.010.110.59-0.8-0.980.950.93-0.90.590.59-0.410.37-0.62
0.01-0.08-0.020.350.26-0.30.260.19-0.030.990.110.26-0.040.030.190.33-0.160.260.26-0.490.57-0.27
-0.430.350.720.41.00.31.00.47-0.760.130.590.26-0.78-0.430.610.68-0.421.01.0-0.330.52-0.86
0.76-0.65-0.85-0.2-0.78-0.61-0.78-0.680.990.04-0.8-0.04-0.780.76-0.74-0.770.68-0.78-0.780.42-0.620.91
0.97-0.95-0.840.36-0.43-0.68-0.43-0.70.760.11-0.980.03-0.430.76-0.91-0.870.89-0.43-0.430.34-0.270.54
-0.920.830.8-0.210.610.470.610.61-0.740.080.950.190.61-0.74-0.910.97-0.750.610.61-0.230.31-0.65
-0.90.760.77-0.170.680.410.680.62-0.760.210.930.330.68-0.77-0.870.97-0.780.680.68-0.390.37-0.73
0.81-0.89-0.80.3-0.42-0.68-0.42-0.750.68-0.1-0.9-0.16-0.420.680.89-0.75-0.78-0.42-0.420.71-0.380.46
-0.430.350.720.41.00.31.00.47-0.760.130.590.261.0-0.78-0.430.610.68-0.421.0-0.330.52-0.86
-0.430.350.720.41.00.31.00.47-0.760.130.590.261.0-0.78-0.430.610.68-0.421.0-0.330.52-0.86
0.27-0.33-0.37-0.14-0.33-0.3-0.33-0.50.41-0.48-0.41-0.49-0.330.420.34-0.23-0.390.71-0.33-0.33-0.590.4
-0.210.20.450.70.520.270.520.56-0.610.590.370.570.52-0.62-0.270.310.37-0.380.520.52-0.59-0.67
0.59-0.36-0.65-0.41-0.86-0.3-0.86-0.490.9-0.18-0.62-0.27-0.860.910.54-0.65-0.730.46-0.86-0.860.4-0.67
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Alaska Hydro Account Relationship Matchups

Alaska Hydro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities101.5K115.6K133.5K73.0K151.6K96.3K
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 Payable81.5K84.2K91.9K4.0K5.3K5.0K
Net Receivables3.9K1.8K4.2K1.9K4.3K3.5K
Total Current Assets7.8K8.2K30.1K1.9K4.3K4.0K
Total Assets18.3K18.7K40.6K12.4K14.8K18.4K
Total Stockholder Equity(138.2K)(196.8K)(178.0K)(147.3K)(217.7K)(206.8K)
Non Current Liabilities Total55K100K85.1K86.7K80.9K68.0K
Total Liab156.5K215.6K218.6K159.7K232.5K171.5K
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 Debt55K100K45.1K56.7K70.9K64.7K

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