Alternative Income Before Tax vs Depreciation And Amortization Analysis

ALF Stock   0.05  0.00  0.00%   
Alternative Liquidity financial indicator trend analysis is way more than just evaluating Alternative Liquidity prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alternative Liquidity is a good investment. Please check the relationship between Alternative Liquidity Income Before Tax and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alternative Liquidity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alternative Liquidity Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alternative Liquidity's Income Before Tax and Depreciation And Amortization is 0.59. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Alternative Liquidity, assuming nothing else is changed. The correlation between historical values of Alternative Liquidity's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Alternative Liquidity are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Alternative Liquidity's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Alternative Liquidity income statement and is an important metric when analyzing Alternative Liquidity profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Alternative Liquidity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alternative Liquidity 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 Alternative Liquidity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 598.3 K

Alternative Liquidity fundamental ratios Correlations

0.981.0-0.971.00.970.961.00.960.060.97-0.48-0.53-0.910.19-0.511.00.890.97-0.530.67
0.980.97-0.920.971.00.920.980.92-0.070.95-0.39-0.37-0.950.39-0.360.980.810.94-0.410.54
1.00.97-0.970.990.970.971.00.970.060.97-0.48-0.54-0.90.18-0.521.00.890.98-0.540.68
-0.97-0.92-0.97-0.94-0.93-1.0-0.96-1.0-0.22-0.970.550.620.91-0.070.6-0.96-0.97-0.980.63-0.75
1.00.970.99-0.940.960.941.00.940.030.95-0.41-0.5-0.880.2-0.481.00.860.95-0.490.62
0.971.00.97-0.930.960.930.970.93-0.060.96-0.42-0.39-0.970.4-0.370.970.820.95-0.440.57
0.960.920.97-1.00.940.930.961.00.220.97-0.55-0.62-0.910.07-0.60.960.970.98-0.640.76
1.00.981.0-0.961.00.970.960.960.030.97-0.47-0.52-0.910.21-0.51.00.880.97-0.520.66
0.960.920.97-1.00.940.931.00.960.220.97-0.55-0.62-0.910.07-0.60.960.970.98-0.640.76
0.06-0.070.06-0.220.03-0.060.220.030.220.09-0.14-0.340.04-0.74-0.340.030.470.13-0.190.25
0.970.950.97-0.970.950.960.970.970.970.09-0.61-0.53-0.940.21-0.510.970.90.99-0.610.75
-0.48-0.39-0.480.55-0.41-0.42-0.55-0.47-0.55-0.14-0.610.60.440.180.55-0.47-0.54-0.630.82-0.85
-0.53-0.37-0.540.62-0.5-0.39-0.62-0.52-0.62-0.34-0.530.60.360.421.0-0.52-0.65-0.610.71-0.81
-0.91-0.95-0.90.91-0.88-0.97-0.91-0.91-0.910.04-0.940.440.36-0.470.34-0.91-0.81-0.920.44-0.56
0.190.390.18-0.070.20.40.070.210.07-0.740.210.180.42-0.470.420.21-0.130.140.29-0.27
-0.51-0.36-0.520.6-0.48-0.37-0.6-0.5-0.6-0.34-0.510.551.00.340.42-0.5-0.63-0.580.65-0.77
1.00.981.0-0.961.00.970.961.00.960.030.97-0.47-0.52-0.910.21-0.50.880.97-0.520.66
0.890.810.89-0.970.860.820.970.880.970.470.9-0.54-0.65-0.81-0.13-0.630.880.93-0.630.75
0.970.940.98-0.980.950.950.980.970.980.130.99-0.63-0.61-0.920.14-0.580.970.93-0.650.79
-0.53-0.41-0.540.63-0.49-0.44-0.64-0.52-0.64-0.19-0.610.820.710.440.290.65-0.52-0.63-0.65-0.87
0.670.540.68-0.750.620.570.760.660.760.250.75-0.85-0.81-0.56-0.27-0.770.660.750.79-0.87
Click cells to compare fundamentals

Alternative Liquidity Account Relationship Matchups

Alternative Liquidity fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets26.2M20.4M14.5M11.7M10.5M10.0M
Total Stockholder Equity26.1M18.0M12.6M9.9M8.9M8.5M
Net Debt(1.4M)(1.6M)(918.8K)(218.7K)(251.5K)(264.1K)
Retained Earnings(86.2M)(92.0M)(95.3M)(98.0M)(88.2M)(92.6M)
Cash1.4M1.6M918.8K218.7K196.8K187.0K
Non Current Assets Total24.7M18.8M13.6M11.4M10.3M9.8M
Non Currrent Assets Other(24.7M)(18.8M)(13.6M)(11.4M)(13.1M)(13.8M)
Cash And Short Term Investments1.4M1.6M918.8K218.7K196.8K187.0K
Liabilities And Stockholders Equity26.2M20.4M14.5M11.7M10.5M10.0M
Non Current Liabilities Total121.4K107.9K2.3M2.0M2.3M2.4M
Other Current Assets(1.4M)(1.6M)(918.8K)(53.0K)(61.0K)(64.0K)
Total Liab107.9K2.3M2.0M1.8M2.0M2.1M
Long Term Investments24.7M18.8M13.6M11.4M10.3M9.7M
Total Current Assets1.4M1.6M918.8K218.7K196.8K187.0K
Common Stock115.2M112.3M110.1M107.9M97.1M95.3M
Other Assets43.5K33.3K40.2K11.7M13.4M14.1M
Capital Stock115.2M112.3M110.1M107.9M97.1M89.4M

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Other Information on Investing in Alternative Stock

Balance Sheet is a snapshot of the financial position of Alternative Liquidity at a specified time, usually calculated after every quarter, six months, or one year. Alternative Liquidity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alternative Liquidity and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Alternative currently owns. An asset can also be divided into two categories, current and non-current.