Alarum Non Currrent Assets Other vs Total Current Assets Analysis
ALAR Stock | 13.43 0.20 1.47% |
Alarum Technologies financial indicator trend analysis is way more than just evaluating Alarum Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alarum Technologies is a good investment. Please check the relationship between Alarum Technologies Non Currrent Assets Other and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alarum Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Alarum Stock, please use our How to Invest in Alarum Technologies guide.
Non Currrent Assets Other vs Total Current Assets
Non Currrent Assets Other vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alarum Technologies Non Currrent Assets Other account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alarum Technologies' Non Currrent Assets Other and Total Current Assets is 0.64. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Alarum Technologies, assuming nothing else is changed. The correlation between historical values of Alarum Technologies' Non Currrent Assets Other and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Alarum Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Alarum Technologies' Non Currrent Assets Other and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Alarum Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alarum Technologies 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 Alarum Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Alarum Stock, please use our How to Invest in Alarum Technologies guide.At this time, Alarum Technologies' Issuance Of Capital Stock is relatively stable compared to the past year. As of 11/27/2024, Enterprise Value is likely to grow to about 22.9 M, while Selling General Administrative is likely to drop slightly above 6.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 20.1M | 23.0M | 24.6M | 13.8M | Cost Of Revenue | 5.1M | 8.7M | 10.6M | 11.1M |
Alarum Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Alarum Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alarum Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.8M | 23.0M | 30.7M | 22.4M | 20.1M | 13.9M | |
Other Current Liab | 5.4M | 3.7M | 3.3M | 2.4M | 2.5M | 2.0M | |
Total Current Liabilities | 13.5M | 4.7M | 5.4M | 8.1M | 5.6M | 4.4M | |
Total Stockholder Equity | 2.8M | 16.2M | 24.2M | 13.3M | 13.2M | 8.0M | |
Property Plant And Equipment Net | 707K | 687K | 570K | 282K | 867K | 910.4K | |
Net Debt | 3.3M | (10.4M) | (3.3M) | (244K) | (8.9M) | (8.4M) | |
Retained Earnings | (62.7M) | (70.5M) | (83.7M) | (96.8M) | (102.3M) | (97.2M) | |
Accounts Payable | 237K | 274K | 1.2M | 2.2M | 369K | 489.5K | |
Cash | 4.3M | 11.0M | 3.8M | 3.3M | 10.9M | 11.4M | |
Non Current Assets Total | 12.3M | 10.4M | 18.7M | 16.0M | 6.8M | 7.5M | |
Cash And Short Term Investments | 4.3M | 11.0M | 9.7M | 3.3M | 10.9M | 11.4M | |
Net Receivables | 1.2M | 1.5M | 2.2M | 2.6M | 2.4M | 1.3M | |
Good Will | 6.9M | 5.4M | 11.0M | 10.4M | 4.1M | 4.1M | |
Other Stockholder Equity | 52.4M | 71.5M | 91.1M | 95.1M | 100.6M | 52.7M | |
Total Liab | 15.1M | 6.8M | 6.5M | 9.1M | 6.9M | 5.4M | |
Total Current Assets | 5.5M | 12.6M | 11.9M | 6.4M | 13.3M | 13.9M | |
Intangible Assets | 4.6M | 4.2M | 7.0M | 4.9M | 1.4M | 1.3M | |
Common Stock Shares Outstanding | 35.1K | 1.3M | 2.7M | 3.2M | 4.1M | 4.4M | |
Current Deferred Revenue | 562K | 441K | 514K | 1.2M | 2.0M | 2.1M | |
Liabilities And Stockholders Equity | 17.8M | 23.0M | 30.7M | 22.4M | 20.1M | 16.1M | |
Non Current Liabilities Total | 1.6M | 2.0M | 1.0M | 920K | 1.3M | 1.3M | |
Accumulated Other Comprehensive Income | 13.1M | 15.3M | 16.7M | 15.0M | 14.9M | 14.8M | |
Short Term Debt | 7.3M | 298K | 365K | 2.4M | 660K | 627K |
Pair Trading with Alarum Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alarum Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alarum Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Alarum Stock
0.38 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
The ability to find closely correlated positions to Alarum Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alarum Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alarum Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alarum Technologies to buy it.
The correlation of Alarum Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alarum Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alarum Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alarum Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Alarum Stock Analysis
When running Alarum Technologies' price analysis, check to measure Alarum Technologies' 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 Alarum Technologies is operating at the current time. Most of Alarum Technologies' value examination focuses on studying past and present price action to predict the probability of Alarum Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarum Technologies' price. Additionally, you may evaluate how the addition of Alarum Technologies to your portfolios can decrease your overall portfolio volatility.