Alkami Accounts Payable vs Other Assets Analysis

ALKT Stock  USD 40.53  1.79  4.62%   
Alkami Technology financial indicator trend analysis is way more than just evaluating Alkami Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkami Technology is a good investment. Please check the relationship between Alkami Technology Accounts Payable and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkami Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkami Technology Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alkami Technology's Accounts Payable and Other Assets is -0.44. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Alkami Technology, assuming nothing else is changed. The correlation between historical values of Alkami Technology's Accounts Payable and Other 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 Accounts Payable of Alkami Technology are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Alkami Technology's Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Alkami Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Alkami Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Assets

Most indicators from Alkami Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkami Technology 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 Alkami Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, despite the fact that Tax Provision is likely to grow to (207.1 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization3.4M8.1M10.6M6.0M
Interest Income487K2.7M7.1M7.5M

Alkami Technology fundamental ratios Correlations

0.820.90.961.00.410.890.750.89-0.49-0.90.830.690.890.90.120.90.90.920.840.870.760.920.980.940.92
0.820.690.810.770.030.630.680.62-0.13-0.690.580.440.80.670.410.690.660.690.610.980.730.720.780.720.97
0.90.690.970.90.260.960.860.96-0.23-0.910.930.410.920.87-0.20.690.940.980.920.710.860.940.890.980.8
0.960.810.970.950.220.920.890.95-0.26-0.930.90.480.960.92-0.040.750.960.960.890.820.880.970.950.980.9
1.00.770.90.950.450.90.740.9-0.52-0.90.840.70.880.910.070.90.920.930.840.830.750.930.980.950.88
0.410.030.260.220.450.49-0.20.2-0.9-0.280.270.8-0.010.170.070.720.170.370.320.2-0.090.150.320.320.21
0.890.630.960.920.90.490.70.89-0.43-0.850.880.570.80.77-0.140.790.850.970.890.690.720.850.840.960.77
0.750.680.860.890.74-0.20.70.910.15-0.850.840.070.970.89-0.250.390.930.810.80.620.940.930.820.840.71
0.890.620.960.950.90.20.890.91-0.21-0.940.950.370.950.96-0.280.640.990.950.910.630.880.980.930.950.74
-0.49-0.13-0.23-0.26-0.52-0.9-0.430.15-0.210.21-0.15-0.95-0.07-0.23-0.37-0.77-0.22-0.31-0.17-0.30.16-0.23-0.4-0.36-0.3
-0.9-0.69-0.91-0.93-0.9-0.28-0.85-0.85-0.940.21-0.98-0.38-0.91-0.950.28-0.7-0.94-0.96-0.98-0.71-0.92-0.92-0.93-0.89-0.79
0.830.580.930.90.840.270.880.840.95-0.15-0.980.280.870.9-0.440.610.930.960.990.60.910.890.870.890.69
0.690.440.410.480.70.80.570.070.37-0.95-0.380.280.310.410.50.910.40.470.310.570.060.440.60.550.57
0.890.80.920.960.88-0.010.80.970.95-0.07-0.910.870.310.94-0.090.60.970.890.840.770.930.980.930.920.85
0.90.670.870.920.910.170.770.890.96-0.23-0.950.90.410.94-0.180.670.980.890.860.680.870.970.970.890.77
0.120.41-0.2-0.040.070.07-0.14-0.25-0.28-0.370.28-0.440.5-0.09-0.180.32-0.21-0.22-0.40.43-0.31-0.110.01-0.070.32
0.90.690.690.750.90.720.790.390.64-0.77-0.70.610.910.60.670.320.650.760.650.80.450.680.830.770.82
0.90.660.940.960.920.170.850.930.99-0.22-0.940.930.40.970.98-0.210.650.930.890.670.880.990.950.950.77
0.920.690.980.960.930.370.970.810.95-0.31-0.960.960.470.890.89-0.220.760.930.970.730.860.920.920.960.82
0.840.610.920.890.840.320.890.80.91-0.17-0.980.990.310.840.86-0.40.650.890.970.640.90.850.860.870.73
0.870.980.710.820.830.20.690.620.63-0.3-0.710.60.570.770.680.430.80.670.730.640.690.730.810.760.99
0.760.730.860.880.75-0.090.720.940.880.16-0.920.910.060.930.87-0.310.450.880.860.90.690.860.820.80.76
0.920.720.940.970.930.150.850.930.98-0.23-0.920.890.440.980.97-0.110.680.990.920.850.730.860.960.960.81
0.980.780.890.950.980.320.840.820.93-0.4-0.930.870.60.930.970.010.830.950.920.860.810.820.960.930.88
0.940.720.980.980.950.320.960.840.95-0.36-0.890.890.550.920.89-0.070.770.950.960.870.760.80.960.930.84
0.920.970.80.90.880.210.770.710.74-0.3-0.790.690.570.850.770.320.820.770.820.730.990.760.810.880.84
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Alkami Technology Account Relationship Matchups

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Additional Tools for Alkami Stock Analysis

When running Alkami Technology's price analysis, check to measure Alkami Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkami Technology is operating at the current time. Most of Alkami Technology's value examination focuses on studying past and present price action to predict the probability of Alkami Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkami Technology's price. Additionally, you may evaluate how the addition of Alkami Technology to your portfolios can decrease your overall portfolio volatility.