Allego Income Quality vs Cash Per Share Analysis

ALLG Stock

USD 1.91 0.01 0.53%

Allego financial indicator trend analysis is way more than just evaluating Allego Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allego Inc is a good investment. Please check the relationship between Allego Income Quality and its Cash Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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 Quality vs Cash Per Share

Income Quality vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allego Inc Income Quality account and Cash Per Share. At this time, the significance of the direction appears to have pay attention.

The correlation between Allego's Income Quality and Cash Per Share is -0.72. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Allego Inc, assuming nothing else is changed. The correlation between historical values of Allego's Income Quality and Cash Per Share 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 Quality of Allego Inc are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Income Quality i.e., Allego's Income Quality and Cash Per Share go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Cash Per Share

Most indicators from Allego's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allego Inc 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. 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.

At this time, Allego's Tax Provision is most likely to increase significantly in the upcoming years. The Allego's current Selling General Administrative is estimated to increase to about 177.8 M, while Issuance Of Capital Stock is projected to decrease to 0.00.

	2021	2022	2023	2024 (projected)
Interest Expense	15.1M	15.7M	27.0M	16.5M
Depreciation And Amortization	12.2M	26.6M	31.9M	19.4M

Interest Expense Depreciation And Amortization

Allego fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock
Total Assets		0.97	0.86	0.98	-0.42	0.89	0.55	0.94	-0.93	0.99	0.92	0.91	0.01	0.96	0.9	0.94	-0.33	0.97	0.89	0.87	0.68	0.91	0.98	0.99	0.97	0.89
Short Long Term Debt Total	0.97		0.8	0.95	-0.62	0.87	0.67	0.99	-0.92	0.94	0.86	0.89	-0.01	1.0	0.87	0.97	-0.31	1.0	0.9	0.83	0.79	0.85	1.0	0.96	0.96	0.82
Other Current Liab	0.86	0.8		0.88	-0.38	0.98	0.37	0.78	-0.96	0.88	0.76	0.98	0.05	0.78	0.71	0.76	-0.68	0.8	0.96	1.0	0.51	0.98	0.82	0.83	0.8	0.98
Total Current Liabilities	0.98	0.95	0.88		-0.41	0.88	0.54	0.93	-0.92	0.99	0.86	0.9	0.04	0.93	0.85	0.92	-0.29	0.95	0.89	0.88	0.69	0.9	0.97	0.96	0.94	0.88
Total Stockholder Equity	-0.42	-0.62	-0.38	-0.41		-0.51	-0.69	-0.69	0.52	-0.36	-0.2	-0.49	0.02	-0.63	-0.34	-0.58	0.25	-0.62	-0.61	-0.43	-0.74	-0.36	-0.59	-0.39	-0.46	-0.32
Property Plant And Equipment Net	0.89	0.87	0.98	0.88	-0.51		0.45	0.86	-0.99	0.89	0.78	1.0	0.05	0.86	0.74	0.82	-0.67	0.87	0.99	0.99	0.58	0.98	0.88	0.87	0.84	0.97
Current Deferred Revenue	0.55	0.67	0.37	0.54	-0.69	0.45		0.69	-0.5	0.45	0.48	0.47	0.05	0.69	0.7	0.77	-0.2	0.66	0.56	0.39	0.97	0.38	0.64	0.56	0.7	0.32
Net Debt	0.94	0.99	0.78	0.93	-0.69	0.86	0.69		-0.9	0.91	0.8	0.87	0.02	0.99	0.82	0.96	-0.28	0.99	0.89	0.81	0.81	0.82	0.99	0.93	0.94	0.79
Retained Earnings	-0.93	-0.92	-0.96	-0.92	0.52	-0.99	-0.5	-0.9		-0.93	-0.84	-1.0	-0.05	-0.91	-0.8	-0.88	0.61	-0.92	-0.99	-0.98	-0.62	-0.98	-0.93	-0.92	-0.9	-0.97
Accounts Payable	0.99	0.94	0.88	0.99	-0.36	0.89	0.45	0.91	-0.93		0.9	0.91	-0.01	0.93	0.85	0.89	-0.31	0.94	0.88	0.89	0.61	0.92	0.96	0.97	0.94	0.91
Cash	0.92	0.86	0.76	0.86	-0.2	0.78	0.48	0.8	-0.84	0.9		0.82	-0.11	0.86	0.96	0.86	-0.39	0.85	0.77	0.77	0.55	0.85	0.86	0.96	0.94	0.84
Non Current Assets Total	0.91	0.89	0.98	0.9	-0.49	1.0	0.47	0.87	-1.0	0.91	0.82		0.04	0.88	0.79	0.85	-0.66	0.89	0.99	0.99	0.59	0.99	0.9	0.9	0.87	0.98
Non Currrent Assets Other	0.01	-0.01	0.05	0.04	0.02	0.05	0.05	0.02	-0.05	-0.01	-0.11	0.04		-0.01	-0.12	0.13	-0.06	-0.01	0.01	0.03	0.02	0.06	0.0	0.0	-0.02	0.07
Long Term Debt	0.96	1.0	0.78	0.93	-0.63	0.86	0.69	0.99	-0.91	0.93	0.86	0.88	-0.01		0.88	0.97	-0.31	1.0	0.89	0.82	0.79	0.84	0.99	0.96	0.96	0.81
Cash And Short Term Investments	0.9	0.87	0.71	0.85	-0.34	0.74	0.7	0.82	-0.8	0.85	0.96	0.79	-0.12	0.88		0.91	-0.37	0.87	0.77	0.72	0.73	0.79	0.87	0.93	0.97	0.76
Net Receivables	0.94	0.97	0.76	0.92	-0.58	0.82	0.77	0.96	-0.88	0.89	0.86	0.85	0.13	0.97	0.91		-0.33	0.97	0.86	0.78	0.85	0.82	0.97	0.95	0.98	0.78
Common Stock Shares Outstanding	-0.33	-0.31	-0.68	-0.29	0.25	-0.67	-0.2	-0.28	0.61	-0.31	-0.39	-0.66	-0.06	-0.31	-0.37	-0.33		-0.3	-0.65	-0.68	-0.18	-0.66	-0.3	-0.36	-0.35	-0.66
Non Current Liabilities Total	0.97	1.0	0.8	0.95	-0.62	0.87	0.66	0.99	-0.92	0.94	0.85	0.89	-0.01	1.0	0.87	0.97	-0.3		0.9	0.83	0.78	0.85	1.0	0.96	0.96	0.83
Capital Lease Obligations	0.89	0.9	0.96	0.89	-0.61	0.99	0.56	0.89	-0.99	0.88	0.77	0.99	0.01	0.89	0.77	0.86	-0.65	0.9		0.97	0.68	0.95	0.9	0.87	0.86	0.94
Inventory	0.87	0.83	1.0	0.88	-0.43	0.99	0.39	0.81	-0.98	0.89	0.77	0.99	0.03	0.82	0.72	0.78	-0.68	0.83	0.97		0.53	0.99	0.85	0.85	0.82	0.98
Other Current Assets	0.68	0.79	0.51	0.69	-0.74	0.58	0.97	0.81	-0.62	0.61	0.55	0.59	0.02	0.79	0.73	0.85	-0.18	0.78	0.68	0.53		0.5	0.77	0.66	0.78	0.45
Other Stockholder Equity	0.91	0.85	0.98	0.9	-0.36	0.98	0.38	0.82	-0.98	0.92	0.85	0.99	0.06	0.84	0.79	0.82	-0.66	0.85	0.95	0.99	0.5		0.87	0.9	0.86	1.0
Total Liab	0.98	1.0	0.82	0.97	-0.59	0.88	0.64	0.99	-0.93	0.96	0.86	0.9	0.0	0.99	0.87	0.97	-0.3	1.0	0.9	0.85	0.77	0.87		0.97	0.97	0.84
Net Invested Capital	0.99	0.96	0.83	0.96	-0.39	0.87	0.56	0.93	-0.92	0.97	0.96	0.9	0.0	0.96	0.93	0.95	-0.36	0.96	0.87	0.85	0.66	0.9	0.97		0.98	0.89
Total Current Assets	0.97	0.96	0.8	0.94	-0.46	0.84	0.7	0.94	-0.9	0.94	0.94	0.87	-0.02	0.96	0.97	0.98	-0.35	0.96	0.86	0.82	0.78	0.86	0.97	0.98		0.83
Capital Stock	0.89	0.82	0.98	0.88	-0.32	0.97	0.32	0.79	-0.97	0.91	0.84	0.98	0.07	0.81	0.76	0.78	-0.66	0.83	0.94	0.98	0.45	1.0	0.84	0.89	0.83

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Allego Account Relationship Matchups

Allego fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	117.4M	121.7M	219.5M	436.4M	482.3M	262.6M
Short Long Term Debt Total	129.0M	173.5M	244.9M	319.5M	434.2M	244.6M
Other Current Liab	10.9M	5.6M	16.5M	43.0M	55.8M	58.6M
Total Current Liabilities	27.1M	23.5M	56.7M	91.4M	119.1M	62.6M
Total Stockholder Equity	(37.6M)	(73.7M)	(76.7M)	26.9M	(79.7M)	(75.7M)
Property Plant And Equipment Net	47.0M	54.1M	71.9M	182.0M	253.4M	266.1M
Current Deferred Revenue	5.3M	7.3M	21.2M	7.9M	9.8M	10.1M
Net Debt	107.8M	165.2M	219.0M	236.7M	389.6M	210.9M
Retained Earnings	(79.1M)	(114.5M)	(142.8M)	(363.1M)	(461.2M)	(438.1M)
Accounts Payable	9.5M	7.4M	13.1M	31.9M	37.8M	19.3M
Cash	21.3M	8.3M	25.9M	82.8M	44.6M	33.7M
Non Current Assets Total	66.3M	75.2M	100.4M	269.4M	327.9M	344.3M
Non Currrent Assets Other	(52.2M)	16.3M	4.1K	(69.1K)	(79.5K)	(83.4K)
Long Term Debt	114.5M	159.6M	213.1M	269.0M	350.7M	208.5M
Cash And Short Term Investments	24.9M	8.3M	55.1M	83.4M	46.4M	40.2M
Net Receivables	12.9M	25.1M	40.8M	44.2M	47.2M	33.1M
Liabilities And Stockholders Equity	117.4M	121.7M	219.5M	436.4M	482.3M	262.6M
Non Current Liabilities Total	127.9M	171.9M	239.5M	317.3M	442.5M	244.1M
Capital Lease Obligations	14.6M	13.9M	31.6M	51.3M	83.5M	87.7M
Inventory	7.3M	4.9M	9.2M	25.9M	34.1M	35.8M
Other Current Assets	6.0M	8.1M	44.3M	11.7M	28.5M	18.3M
Other Stockholder Equity	36.9M	40.8M	66.2M	365.9M	374.0M	392.7M
Total Liab	155.0M	195.4M	296.2M	408.8M	561.6M	306.7M
Net Invested Capital	76.9M	85.9M	136.5M	296.0M	271.0M	164.3M
Total Current Assets	51.2M	46.4M	119.1M	167.0M	154.4M	102.0M
Accumulated Other Comprehensive Income	4.6M	3.8M	4.2M	(6.8M)	(23.1M)	(22.0M)
Net Working Capital	24.0M	22.9M	62.3M	75.8M	35.3M	39.5M
Short Term Debt	1.5M	1.8M	5.5M	7.3M	11.9M	12.5M
Intangible Assets	5.0M	4.0M	8.3M	13.9M	10.3M	8.2M

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When determining whether Allego Inc is a strong investment it is important to analyze Allego's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allego's future performance. For an informed investment choice regarding Allego Stock, refer to the following important reports:

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Is Allego Stock a good investment?

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What is Allego's Net Worth?

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Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allego. If investors know Allego will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allego listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.46)

Revenue Per Share

0.542

Quarterly Revenue Growth

(0.20)

Return On Assets

(0.09)

Return On Equity

(7.60)

The market value of Allego Inc is measured differently than its book value, which is the value of Allego that is recorded on the company's balance sheet. Investors also form their own opinion of Allego's value that differs from its market value or its book value, called intrinsic value, which is Allego's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allego's market value can be influenced by many factors that don't directly affect Allego's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Allego's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allego is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allego's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Allego Income Quality vs Cash Per Share Analysis

Income Quality vs Cash Per Share

Income Quality vs Cash Per Share Correlation Analysis

Correlation Coefficient

Income Quality

Cash Per Share

Allego fundamental ratios Correlations

Allego Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allego fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Inventory	+ 1.0	Other Current Liab
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Long Term Debt

Non Current Assets Total	- 1.0	Retained Earnings
Capital Lease Obligations	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Property Plant And Equipment Net
Other Stockholder Equity	- 0.98	Retained Earnings
Inventory	- 0.98	Retained Earnings
Capital Stock	- 0.97	Retained Earnings