Alternative Other Current Assets vs Long Term Investments Analysis
ALF Stock | 0.04 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 Other Current Assets and its Long Term Investments 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.
Other Current Assets vs Long Term Investments
Other Current Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alternative Liquidity Other Current Assets account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Alternative Liquidity's Other Current Assets and Long Term Investments is 0.27. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Investments 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 Other Current Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Alternative Liquidity are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Other Current Assets i.e., Alternative Liquidity's Other Current Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Long Term Investments
Long Term Investments is an item on the asset side of Alternative Liquidity balance sheet that represents investments Alternative Liquidity intends to hold for over a year. Alternative Liquidity long term investments may include different instruments such as stocks, bonds, real estate and cash.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
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Alternative Liquidity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alternative Liquidity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.6M | 26.2M | 20.4M | 14.5M | 11.7M | 11.1M | |
Total Stockholder Equity | 25.5M | 26.1M | 18.0M | 12.6M | 9.9M | 9.4M | |
Net Debt | (2.5M) | (1.4M) | (1.6M) | (918.8K) | (218.7K) | (229.6K) | |
Retained Earnings | (89.7M) | (86.2M) | (92.0M) | (95.3M) | (98.0M) | (102.9M) | |
Cash | 2.5M | 1.4M | 1.6M | 918.8K | 218.7K | 207.8K | |
Non Current Assets Total | 23.0M | 24.7M | 18.8M | 13.6M | 11.4M | 10.9M | |
Non Currrent Assets Other | (23.0M) | (24.7M) | (18.8M) | (13.6M) | (11.4M) | (12.0M) | |
Cash And Short Term Investments | 2.5M | 1.4M | 1.6M | 918.8K | 218.7K | 207.8K | |
Liabilities And Stockholders Equity | 25.6M | 26.2M | 20.4M | 14.5M | 11.7M | 11.1M | |
Non Current Liabilities Total | 121.4K | 107.9K | 2.3M | 2.0M | 2.3M | 2.4M | |
Other Current Assets | (2.5M) | (1.4M) | (1.6M) | (918.8K) | (53.0K) | (55.7K) | |
Total Liab | 121.4K | 107.9K | 2.3M | 2.0M | 1.8M | 937.4K | |
Long Term Investments | 23.0M | 24.7M | 18.8M | 13.6M | 12.2M | 11.6M | |
Total Current Assets | 2.5M | 1.4M | 1.6M | 918.8K | 218.7K | 207.8K | |
Common Stock | 115.2M | 112.3M | 110.1M | 107.9M | 97.1M | 95.3M | |
Other Assets | 134.9K | 43.5K | 33.3K | 40.2K | 11.7M | 12.2M | |
Capital Stock | 115.2M | 112.3M | 110.1M | 107.9M | 97.1M | 90.0M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.