ALEX Stock | | | USD 19.36 0.03 0.16% |
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 Total Current Liabilities and its Cash 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alexander Baldwin Total Current Liabilities account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alexander Baldwin's Total Current Liabilities and Cash is 0.53. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities 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 Total Current Liabilities of Alexander Baldwin Holdings 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 Total Current Liabilities i.e., Alexander Baldwin's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Alexander Baldwin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alexander Baldwin Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Cash
Cash refers to the most liquid asset of Alexander Baldwin, which is listed under current asset account on Alexander Baldwin Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alexander Baldwin customers. The amounts must be unrestricted with restricted cash listed in a different Alexander Baldwin 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 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 25.44 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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