ALX Net Receivables vs Short Term Investments Analysis

AL Stock

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ALX Uranium financial indicator trend analysis is way more than just evaluating ALX Uranium Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ALX Uranium Corp is a good investment. Please check the relationship between ALX Uranium Net Receivables and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALX Uranium Corp. 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.

Net Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ALX Uranium Corp Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ALX Uranium's Net Receivables and Short Term Investments is -0.31. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of ALX Uranium Corp, assuming nothing else is changed. The correlation between historical values of ALX Uranium's Net Receivables and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of ALX Uranium Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Receivables i.e., ALX Uranium's Net Receivables and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Short Term Investments

Short Term Investments is an item under the current assets section of ALX Uranium balance sheet. It contains any investments ALX Uranium Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that ALX Uranium Corp can easily liquidate in the marketplace.

Most indicators from ALX Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ALX Uranium Corp 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 ALX Uranium Corp. 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.

At this time, ALX Uranium's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (5.99) in 2024.

	2023	2024 (projected)
Interest Income	94.6K	55.6K
Net Interest Income	108.9K	67.4K

Interest Income Net Interest Income

ALX Uranium fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Net Receivables	Short Term Investments	Other Current Liab	Net Tangible Assets	Inventory	Other Current Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.29	1.0	-0.5	-0.63	-0.14	0.51	0.69	0.65	0.07	0.34	0.71	0.93	0.93	0.16	0.38	0.15	0.97	0.89	0.54	0.89	0.9	0.22	-0.02	-0.27	0.5
Total Current Liabilities	0.29		0.25	-0.52	-0.13	0.44	0.51	0.29	-0.02	0.38	0.98	0.3	0.21	0.21	0.3	-0.09	0.8	0.2	0.58	0.01	0.17	0.15	-0.13	0.01	0.07	-0.04
Total Stockholder Equity	1.0	0.25		-0.49	-0.63	-0.16	0.5	0.68	0.66	0.05	0.31	0.71	0.93	0.93	0.15	0.39	0.12	0.97	0.87	0.55	0.89	0.9	0.23	-0.01	-0.27	0.51
Net Debt	-0.5	-0.52	-0.49		0.46	0.28	-1.0	-0.57	-0.37	-0.69	-0.55	-0.58	-0.37	-0.36	-0.17	0.14	-0.68	-0.46	-0.59	-0.28	-0.52	-0.33	0.04	-0.18	-0.21	-0.41
Retained Earnings	-0.63	-0.13	-0.63	0.46		0.24	-0.46	-0.14	-0.97	-0.2	-0.19	-0.17	-0.79	-0.77	-0.44	0.22	-0.07	-0.74	-0.42	-0.09	-0.91	-0.8	-0.04	-0.25	0.32	-0.91
Accounts Payable	-0.14	0.44	-0.16	0.28	0.24		-0.3	-0.09	-0.27	-0.29	0.33	-0.09	-0.16	-0.14	-0.01	0.12	-0.07	-0.16	-0.07	-0.11	-0.28	-0.17	-0.29	0.31	0.36	-0.28
Cash	0.51	0.51	0.5	-1.0	-0.46	-0.3		0.56	0.37	0.68	0.55	0.57	0.38	0.37	0.17	-0.15	0.69	0.47	0.6	0.28	0.53	0.35	-0.02	0.15	0.18	0.41
Cash And Short Term Investments	0.69	0.29	0.68	-0.57	-0.14	-0.09	0.56		0.22	0.19	0.28	1.0	0.38	0.38	-0.15	0.73	0.27	0.63	0.66	0.44	0.43	0.35	-0.01	0.12	0.22	0.12
Common Stock Shares Outstanding	0.65	-0.02	0.66	-0.37	-0.97	-0.27	0.37	0.22		0.11	0.03	0.25	0.77	0.76	0.34	-0.05	-0.1	0.78	0.37	0.16	0.9	0.79	0.01	0.29	-0.31	0.9
Other Stockholder Equity	0.07	0.38	0.05	-0.69	-0.2	-0.29	0.68	0.19	0.11		0.39	0.17	0.01	-0.01	-0.1	-0.35	0.72	0.06	0.22	-0.12	0.14	-0.02	0.01	0.06	-0.06	0.21
Total Liab	0.34	0.98	0.31	-0.55	-0.19	0.33	0.55	0.28	0.03	0.39		0.29	0.29	0.29	0.29	-0.13	0.83	0.24	0.64	-0.01	0.24	0.23	-0.03	-0.12	-0.05	-0.01
Total Current Assets	0.71	0.3	0.71	-0.58	-0.17	-0.09	0.57	1.0	0.25	0.17	0.29		0.41	0.42	-0.11	0.72	0.26	0.66	0.68	0.48	0.46	0.38	-0.01	0.12	0.21	0.14
Property Plant And Equipment Net	0.93	0.21	0.93	-0.37	-0.79	-0.16	0.38	0.38	0.77	0.01	0.29	0.41		1.0	0.27	0.11	0.06	0.93	0.79	0.4	0.94	0.99	0.29	-0.07	-0.48	0.62
Non Current Assets Total	0.93	0.21	0.93	-0.36	-0.77	-0.14	0.37	0.38	0.76	-0.01	0.29	0.42	1.0		0.27	0.13	0.04	0.94	0.79	0.45	0.93	0.99	0.29	-0.07	-0.46	0.6
Net Receivables	0.16	0.3	0.15	-0.17	-0.44	-0.01	0.17	-0.15	0.34	-0.1	0.29	-0.11	0.27	0.27		-0.31	0.26	0.16	0.19	0.2	0.36	0.24	-0.23	0.09	-0.03	0.38
Short Term Investments	0.38	-0.09	0.39	0.14	0.22	0.12	-0.15	0.73	-0.05	-0.35	-0.13	0.72	0.11	0.13	-0.31		-0.25	0.36	0.28	0.28	0.05	0.11	0.0	0.03	0.12	-0.2
Other Current Liab	0.15	0.8	0.12	-0.68	-0.07	-0.07	0.69	0.27	-0.1	0.72	0.83	0.26	0.06	0.04	0.26	-0.25		0.05	0.49	-0.04	0.1	-0.01	-0.03	-0.18	-0.03	-0.04
Net Tangible Assets	0.97	0.2	0.97	-0.46	-0.74	-0.16	0.47	0.63	0.78	0.06	0.24	0.66	0.93	0.94	0.16	0.36	0.05		0.79	0.47	0.94	0.93	0.18	0.12	-0.27	0.64
Inventory	0.89	0.58	0.87	-0.59	-0.42	-0.07	0.6	0.66	0.37	0.22	0.64	0.68	0.79	0.79	0.19	0.28	0.49	0.79		0.47	0.69	0.75	0.3	-0.26	-0.3	0.2
Other Current Assets	0.54	0.01	0.55	-0.28	-0.09	-0.11	0.28	0.44	0.16	-0.12	-0.01	0.48	0.4	0.45	0.2	0.28	-0.04	0.47	0.47		0.35	0.37	0.04	0.0	0.13	0.05
Common Stock	0.89	0.17	0.89	-0.52	-0.91	-0.28	0.53	0.43	0.9	0.14	0.24	0.46	0.94	0.93	0.36	0.05	0.1	0.94	0.69	0.35		0.93	0.14	0.15	-0.32	0.82
Property Plant Equipment	0.9	0.15	0.9	-0.33	-0.8	-0.17	0.35	0.35	0.79	-0.02	0.23	0.38	0.99	0.99	0.24	0.11	-0.01	0.93	0.75	0.37	0.93		0.31	-0.07	-0.49	0.62
Non Currrent Assets Other	0.22	-0.13	0.23	0.04	-0.04	-0.29	-0.02	-0.01	0.01	0.01	-0.03	-0.01	0.29	0.29	-0.23	0.0	-0.03	0.18	0.3	0.04	0.14	0.31		-0.66	-0.48	-0.16
Net Invested Capital	-0.02	0.01	-0.01	-0.18	-0.25	0.31	0.15	0.12	0.29	0.06	-0.12	0.12	-0.07	-0.07	0.09	0.03	-0.18	0.12	-0.26	0.0	0.15	-0.07	-0.66		0.65	0.52
Net Working Capital	-0.27	0.07	-0.27	-0.21	0.32	0.36	0.18	0.22	-0.31	-0.06	-0.05	0.21	-0.48	-0.46	-0.03	0.12	-0.03	-0.27	-0.3	0.13	-0.32	-0.49	-0.48	0.65		-0.1
Capital Stock	0.5	-0.04	0.51	-0.41	-0.91	-0.28	0.41	0.12	0.9	0.21	-0.01	0.14	0.62	0.6	0.38	-0.2	-0.04	0.64	0.2	0.05	0.82	0.62	-0.16	0.52	-0.1

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ALX Uranium Account Relationship Matchups

ALX Uranium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.4M	10.9M	13.0M	12.4M	12.0M	7.6M
Total Current Liabilities	249.3K	179.4K	181.9K	261.1K	164.2K	192.7K
Total Stockholder Equity	10.0M	10.6M	12.8M	12.2M	11.8M	7.4M
Net Debt	(1.5M)	(975.1K)	(4.0M)	(2.0M)	(1.4M)	(1.4M)
Retained Earnings	(8.3M)	(9.1M)	(11.8M)	(13.6M)	(14.5M)	(13.7M)
Accounts Payable	111.45	111.32	30.8	37.33	133.4K	140.1K
Cash	1.7M	1.1M	4.1M	2.0M	1.4M	1.4M
Cash And Short Term Investments	2.0M	1.1M	4.2M	2.4M	1.9M	2.1M
Common Stock Shares Outstanding	105.6M	137.1M	172.1M	211.6M	235.9M	247.7M
Liabilities And Stockholders Equity	10.4M	10.9M	13.0M	12.4M	12.0M	7.6M
Other Stockholder Equity	1.9M	2.0M	2.2M	2.5M	2.9M	1.8M
Total Liab	369.7K	264.4K	226.9K	261.1K	164.2K	208.8K
Total Current Assets	2.2M	1.3M	4.4M	2.8M	2.0M	2.2M
Accumulated Other Comprehensive Income	2.0M	2.2M	2.5M	2.8M	2.9M	1.8M
Property Plant And Equipment Net	8.2M	9.6M	8.6M	9.6M	10.0M	6.5M
Non Current Assets Total	8.3M	9.6M	8.6M	9.6M	10.0M	6.5M
Net Receivables	47.7K	49.0K	67.6K	164.4K	32.9K	58.0K
Short Term Investments	340.9K	38.3K	113.8K	360.9K	508.1K	720.8K
Other Current Liab	221.2K	144.0K	142.0K	216.1K	30.8K	29.3K
Net Tangible Assets	10.9M	10.0M	10.6M	12.8M	14.7M	10.3M
Other Current Assets	79.6K	85.1K	211.2K	236.2K	63.0K	59.8K
Common Stock	16.3M	17.4M	22.0M	23.0M	23.4M	16.5M
Property Plant Equipment	8.6M	8.2M	9.6M	8.6M	9.9M	7.4M
Non Currrent Assets Other	10K	8.7M	8.3M	1.0	1.15	1.09
Net Invested Capital	10.0M	10.6M	12.8M	12.2M	14.0M	12.6M
Net Working Capital	1.9M	1.1M	4.3M	2.5M	2.9M	2.8M
Capital Stock	16.3M	17.4M	22.0M	23.0M	26.4M	20.4M

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