Alderan Reconciled Depreciation vs Selling And Marketing Expenses Analysis

AL8 Stock   0.03  0  7.14%   
Alderan Resources financial indicator trend analysis is way more than just evaluating Alderan Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alderan Resources is a good investment. Please check the relationship between Alderan Resources Reconciled Depreciation and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alderan Resources. 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.

Reconciled Depreciation vs Selling And Marketing Expenses

Reconciled Depreciation vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alderan Resources Reconciled Depreciation account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alderan Resources' Reconciled Depreciation and Selling And Marketing Expenses is 0.48. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Alderan Resources, assuming nothing else is changed. The correlation between historical values of Alderan Resources' Reconciled Depreciation and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Alderan Resources are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Reconciled Depreciation i.e., Alderan Resources' Reconciled Depreciation and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Reconciled Depreciation

Selling And Marketing Expenses

Most indicators from Alderan Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alderan Resources 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 Alderan Resources. 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, Alderan Resources' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 2.5 M in 2024, whereas Discontinued Operations is likely to drop (61.3 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense9.7K565.0847.0804.65
Depreciation And Amortization45.6K37.8K4.8M5.0M

Alderan Resources fundamental ratios Correlations

-0.090.550.71.00.970.370.17-0.4-0.490.580.430.820.280.40.760.360.33-0.140.70.130.45-0.310.740.86-0.89
-0.090.230.09-0.1-0.11-0.03-0.650.30.02-0.14-0.13-0.020.02-0.280.320.080.45-0.020.090.93-0.120.82-0.030.010.37
0.550.230.920.520.490.77-0.080.04-0.30.150.030.58-0.4-0.010.750.150.540.290.920.230.050.00.40.58-0.48
0.70.090.920.670.630.740.04-0.31-0.290.470.320.55-0.350.330.780.170.670.321.00.210.34-0.020.460.57-0.65
1.0-0.10.520.670.970.340.17-0.4-0.490.580.430.820.310.40.750.360.3-0.170.670.130.45-0.320.740.87-0.89
0.97-0.110.490.630.970.390.17-0.39-0.630.520.360.830.350.390.750.440.31-0.170.630.140.38-0.30.830.91-0.91
0.37-0.030.770.740.340.390.06-0.05-0.210.160.070.36-0.650.080.550.160.280.170.740.00.09-0.060.270.43-0.44
0.17-0.65-0.080.040.170.170.06-0.23-0.080.210.160.080.010.22-0.110.04-0.150.020.04-0.580.16-0.550.120.09-0.36
-0.40.30.04-0.31-0.4-0.39-0.05-0.23-0.12-0.65-0.67-0.010.02-1.0-0.170.21-0.460.05-0.310.01-0.67-0.03-0.030.030.37
-0.490.02-0.3-0.29-0.49-0.63-0.21-0.08-0.12-0.020.24-0.69-0.50.13-0.46-0.61-0.12-0.17-0.29-0.110.230.29-0.93-0.760.64
0.58-0.140.150.470.580.520.160.21-0.65-0.020.940.030.030.650.270.420.390.110.470.110.940.050.330.22-0.61
0.43-0.130.030.320.430.360.070.16-0.670.240.94-0.17-0.050.660.060.30.32-0.050.320.091.00.160.090.03-0.42
0.82-0.020.580.550.820.830.360.08-0.01-0.690.03-0.170.340.020.790.20.15-0.130.550.08-0.15-0.450.750.93-0.71
0.280.02-0.4-0.350.310.35-0.650.010.02-0.50.03-0.050.34-0.050.020.35-0.15-0.29-0.350.12-0.05-0.180.50.36-0.24
0.4-0.28-0.010.330.40.390.080.22-1.00.130.650.660.02-0.050.19-0.220.48-0.040.330.010.660.040.03-0.03-0.37
0.760.320.750.780.750.750.55-0.11-0.17-0.460.270.060.790.020.190.130.540.030.780.430.080.010.570.77-0.58
0.360.080.150.170.360.440.160.040.21-0.610.420.30.20.35-0.220.130.010.070.170.170.310.010.730.52-0.55
0.330.450.540.670.30.310.28-0.15-0.46-0.120.390.320.15-0.150.480.540.010.390.670.590.340.560.20.14-0.22
-0.14-0.020.290.32-0.17-0.170.170.020.05-0.170.11-0.05-0.13-0.29-0.040.030.070.390.32-0.04-0.050.030.09-0.14-0.07
0.70.090.921.00.670.630.740.04-0.31-0.290.470.320.55-0.350.330.780.170.670.320.210.34-0.020.460.57-0.65
0.130.930.230.210.130.140.0-0.580.01-0.110.110.090.080.120.010.430.170.59-0.040.210.10.810.150.140.14
0.45-0.120.050.340.450.380.090.16-0.670.230.941.0-0.15-0.050.660.080.310.34-0.050.340.10.160.110.05-0.43
-0.310.820.0-0.02-0.32-0.3-0.06-0.55-0.030.290.050.16-0.45-0.180.040.010.010.560.03-0.020.810.16-0.28-0.360.48
0.74-0.030.40.460.740.830.270.12-0.03-0.930.330.090.750.50.030.570.730.20.090.460.150.11-0.280.88-0.84
0.860.010.580.570.870.910.430.090.03-0.760.220.030.930.36-0.030.770.520.14-0.140.570.140.05-0.360.88-0.82
-0.890.37-0.48-0.65-0.89-0.91-0.44-0.360.370.64-0.61-0.42-0.71-0.24-0.37-0.58-0.55-0.22-0.07-0.650.14-0.430.48-0.84-0.82
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Alderan Resources Account Relationship Matchups

Alderan Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.6M12.1M12.7M8.2M8.0M5.0M
Other Current Liab139.7K248.3K267.6K374.5K154.8K304.7K
Total Current Liabilities771.9K348.0K262.9K416.0K467.8K235.3K
Total Stockholder Equity9.9M11.7M12.5M7.8M7.6M4.8M
Net Tangible Assets11.7M12.5M7.8M7.6M8.7M7.4M
Property Plant And Equipment Net288.3K209.1K179.8K100.7K4.8M2.4M
Net Debt(2.1M)(791.5K)(254.7K)(235.3K)(119.4K)(125.4K)
Retained Earnings(12.8M)(14.5M)(16.5M)(27.1M)(29.5M)(35.6M)
Accounts Payable101.8K208.3K14.5K148.5K93.3K80.5K
Cash749.2K2.1M791.5K254.7K235.3K119.4K
Non Current Assets Total9.7M9.7M11.8M7.8M7.7M4.8M
Non Currrent Assets Other(9.7M)9.4M11.6M7.6M7.6M4.7M
Cash And Short Term Investments2.1M791.5K254.7K235.3K119.4K113.4K
Net Receivables192.5K207.3K117.1K132.1K85.7K99.3K
Common Stock Shares Outstanding185.9M282.0M400.2M570.9M925.6M971.8M
Liabilities And Stockholders Equity12.1M12.7M8.2M8.0M5.0M7.7M
Other Current Assets14.2K14.5K23.8K18.7K18.5K16.7K
Other Stockholder Equity1.0(4.5M)(5.6M)8.2M973.8K0.95
Total Liab771.9K348.0K262.9K416.0K467.8K235.3K
Total Current Assets957.0K2.4M923.1K410.6K339.7K237.2K
Accumulated Other Comprehensive Income7.2M6.8M8.2M9.0M9.1M5.2M
Common Stock19.0M22.2M26.7M28.1M31.3M16.8M
Property Plant Equipment9.7M11.8M7.8M7.7M8.8M6.2M
Net Invested Capital11.7M12.5M7.8M7.6M4.8M7.1M
Property Plant And Equipment Gross9.7M11.9M8.3M8.1M5.2M8.3M
Net Working Capital2.0M660.2K(5.5K)(128.1K)1.9K1.8K
Short Term Investments169.0K95.9K104.7K59.7K53.8K93.5K
Capital Stock19.0M22.2M26.7M28.1M31.3M26.4M

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