ALEX Stock | | | USD 19.66 0.22 1.13% |
Alexander Baldwin financial indicator trend analysis is way more than just evaluating Alexander Baldwin prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alexander Baldwin is a good investment. Please check the relationship between Alexander Baldwin Net Tangible Assets and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Alexander Baldwin Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Net Tangible Assets vs Other Current Assets
Net Tangible Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alexander Baldwin Net Tangible Assets account and
Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Alexander Baldwin's Net Tangible Assets and Other Current Assets is 0.37. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Alexander Baldwin Holdings, assuming nothing else is changed. The correlation between historical values of Alexander Baldwin's Net Tangible Assets and Other 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 Net Tangible Assets of Alexander Baldwin Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Tangible Assets i.e., Alexander Baldwin's Net Tangible Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Alexander Baldwin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alexander Baldwin 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 Alexander Baldwin Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Alexander Baldwin's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 25.50 in 2024, despite the fact that
Discontinued Operations is likely to grow to (74
M).
Alexander Baldwin fundamental ratios Correlations
Click cells to compare fundamentals
Alexander Baldwin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alexander Baldwin fundamental ratios Accounts
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