Aldeyra Property Plant And Equipment Gross vs Cash Analysis

ALDX Stock  USD 4.85  0.04  0.83%   
Aldeyra financial indicator trend analysis is way more than just evaluating Aldeyra prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aldeyra is a good investment. Please check the relationship between Aldeyra Property Plant And Equipment Gross and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aldeyra. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aldeyra Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aldeyra's Property Plant And Equipment Gross and Cash is 0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of Aldeyra, assuming nothing else is changed. The correlation between historical values of Aldeyra's Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Aldeyra are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., Aldeyra's Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of Aldeyra, which is listed under current asset account on Aldeyra balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aldeyra customers. The amounts must be unrestricted with restricted cash listed in a different Aldeyra account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Aldeyra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aldeyra 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 Aldeyra. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.Enterprise Value is likely to rise to about 262.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M1.7M2.1M2.2M
Depreciation And Amortization264.2K258.7K262.8K275.9K

Aldeyra fundamental ratios Correlations

0.850.830.710.990.75-0.95-0.840.360.930.461.00.850.870.660.710.751.00.250.89-0.480.580.80.61-0.040.19
0.850.890.780.820.81-0.75-0.80.460.760.490.850.780.790.690.750.810.850.30.81-0.430.540.910.420.00.18
0.830.890.680.790.7-0.71-0.760.20.730.360.830.730.760.820.760.70.840.10.78-0.470.560.790.410.050.0
0.710.780.680.670.97-0.76-0.960.30.80.440.70.950.940.420.670.970.70.790.93-0.420.610.920.08-0.030.71
0.990.820.790.670.72-0.94-0.80.40.920.390.990.820.840.630.610.720.990.230.86-0.510.590.770.64-0.10.17
0.750.810.70.970.72-0.81-0.940.40.840.520.750.940.920.370.691.00.750.720.93-0.480.650.940.27-0.090.65
-0.95-0.75-0.71-0.76-0.94-0.810.87-0.27-1.0-0.44-0.95-0.91-0.92-0.53-0.67-0.81-0.94-0.44-0.920.42-0.54-0.8-0.580.0-0.39
-0.84-0.8-0.76-0.96-0.8-0.940.87-0.26-0.9-0.51-0.83-0.99-0.99-0.56-0.76-0.94-0.83-0.67-0.990.5-0.65-0.9-0.20.07-0.6
0.360.460.20.30.40.4-0.27-0.260.240.320.370.30.25-0.050.040.40.360.130.3-0.440.480.460.37-0.50.14
0.930.760.730.80.920.84-1.0-0.90.240.440.930.930.940.540.690.840.930.490.94-0.420.550.830.540.010.43
0.460.490.360.440.390.52-0.44-0.510.320.440.450.460.460.180.670.520.450.280.46-0.270.080.580.23-0.070.32
1.00.850.830.70.990.75-0.95-0.830.370.930.450.840.860.650.710.751.00.250.88-0.480.570.80.62-0.040.18
0.850.780.730.950.820.94-0.91-0.990.30.930.460.841.00.520.70.940.850.691.0-0.490.650.90.27-0.080.62
0.870.790.760.940.840.92-0.92-0.990.250.940.460.861.00.570.720.920.860.651.0-0.460.620.890.27-0.030.58
0.660.690.820.420.630.37-0.53-0.56-0.050.540.180.650.520.570.60.370.67-0.080.59-0.340.380.490.220.08-0.22
0.710.750.760.670.610.69-0.67-0.760.040.690.670.710.70.720.60.690.710.30.72-0.140.310.720.230.320.24
0.750.810.70.970.721.0-0.81-0.940.40.840.520.750.940.920.370.690.750.720.93-0.480.650.940.27-0.090.65
1.00.850.840.70.990.75-0.94-0.830.360.930.451.00.850.860.670.710.750.240.88-0.480.570.80.61-0.040.18
0.250.30.10.790.230.72-0.44-0.670.130.490.280.250.690.65-0.080.30.720.240.62-0.130.320.56-0.28-0.020.97
0.890.810.780.930.860.93-0.92-0.990.30.940.460.881.01.00.590.720.930.880.62-0.50.660.90.32-0.070.54
-0.48-0.43-0.47-0.42-0.51-0.480.420.5-0.44-0.42-0.27-0.48-0.49-0.46-0.34-0.14-0.48-0.48-0.13-0.5-0.82-0.43-0.350.84-0.1
0.580.540.560.610.590.65-0.54-0.650.480.550.080.570.650.620.380.310.650.570.320.66-0.820.520.29-0.610.24
0.80.910.790.920.770.94-0.8-0.90.460.830.580.80.90.890.490.720.940.80.560.9-0.430.520.32-0.010.5
0.610.420.410.080.640.27-0.58-0.20.370.540.230.620.270.270.220.230.270.61-0.280.32-0.350.290.32-0.11-0.31
-0.040.00.05-0.03-0.1-0.090.00.07-0.50.01-0.07-0.04-0.08-0.030.080.32-0.09-0.04-0.02-0.070.84-0.61-0.01-0.11-0.05
0.190.180.00.710.170.65-0.39-0.60.140.430.320.180.620.58-0.220.240.650.180.970.54-0.10.240.5-0.31-0.05
Click cells to compare fundamentals

Aldeyra Account Relationship Matchups

Aldeyra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.5M83.4M233.1M181.3M148.3M78.6M
Other Current Liab11.9M8.1M10.5M13.8M5.3M5.2M
Total Current Liabilities12.9M12.4M11.8M15.4M22.3M23.4M
Total Stockholder Equity48.1M59.5M205.7M151.0M119.8M62.4M
Property Plant And Equipment Net349.5K293.2K384.4K268.5K516.6K542.4K
Net Debt(29.7M)(62.5M)(213.9M)(128.3M)(127.2M)(120.8M)
Retained Earnings(199.4M)(236.9M)(294.7M)(356.7M)(394.3M)(374.5M)
Accounts Payable808.3K381.6K1.0M133.6K1.3M815.8K
Cash44.4M77.9M229.8M144.4M142.8M150.0M
Non Current Assets Total349.5K293.2K384.4K268.5K516.6K276.8K
Cash And Short Term Investments73.4M77.9M229.8M174.3M142.8M76.2M
Common Stock Total Equity28.7K38.7K58.1K58.6K67.3K70.7K
Common Stock Shares Outstanding27.1M34.0M54.0M58.4M58.9M61.9M
Liabilities And Stockholders Equity75.5M83.4M233.1M181.3M148.3M78.6M
Other Current Assets1.8M5.2M2.9M7.2M523.5K497.4K
Total Liab27.4M23.8M27.4M30.3M28.5M16.2M
Property Plant And Equipment Gross349.5K293.2K384.4K268.5K516.6K542.4K
Total Current Assets75.2M83.1M232.8M181.0M143.3M78.0M
Common Stock28.7K38.7K58.1K58.6K59.2K62.2K
Net Receivables28M25M125M3.2M3.7M3.5M
Non Current Liabilities Total14.5M11.4M15.6M14.9M6.3M8.8M
Non Currrent Assets Other(54.9K)(63.7K)(96.1K)249.3K4.5M4.7M
Other Stockholder Equity247.4M296.4M500.4M507.8M514.0M270.8M
Net Tangible Assets48.1M59.5M205.7M151.0M173.7M182.3M
Retained Earnings Total Equity(199.4M)(236.9M)(294.7M)(356.7M)(321.0M)(305.0M)
Property Plant Equipment148.4K59.9K32.5K19.3K17.4K16.5K
Capital Surpluse247.4M296.4M500.4M507.8M583.9M613.1M
Net Invested Capital62.6M74.6M221.2M166.8M134.9M123.8M
Net Working Capital62.3M70.6M221.0M165.7M125.6M121.3M

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