Allot Retained Earnings vs Net Tangible Assets Analysis

ALLT Stock  USD 4.39  0.54  14.03%   
Allot Communications financial indicator trend analysis is way more than just evaluating Allot Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allot Communications is a good investment. Please check the relationship between Allot Communications Retained Earnings and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allot Communications. 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.
For more information on how to buy Allot Stock please use our How to Invest in Allot Communications guide.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allot Communications Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Allot Communications' Retained Earnings and Net Tangible Assets is 0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Allot Communications, assuming nothing else is changed. The correlation between historical values of Allot Communications' Retained Earnings and Net Tangible 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 Retained Earnings of Allot Communications are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Allot Communications' Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Allot Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allot Communications 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 Allot Communications. 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.
For more information on how to buy Allot Stock please use our How to Invest in Allot Communications guide.At this time, Allot Communications' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.5 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (1.53).
 2021 2022 2023 2024 (projected)
Gross Profit101.0M82.9M52.7M54.0M
Total Revenue145.6M122.7M93.2M78.7M

Allot Communications fundamental ratios Correlations

0.83-0.23-0.110.220.80.850.810.95-0.20.44-0.030.220.620.290.330.550.480.620.170.760.520.810.71-0.050.75
0.83-0.560.410.370.90.560.50.9-0.18-0.05-0.49-0.180.20.05-0.110.20.340.230.090.470.220.50.69-0.550.45
-0.23-0.56-0.65-0.9-0.660.110.14-0.470.220.450.570.380.240.290.40.070.160.53-0.030.230.540.110.160.64-0.01
-0.110.41-0.650.340.3-0.49-0.550.090.25-0.72-0.84-0.54-0.47-0.52-0.64-0.390.02-0.590.1-0.27-0.6-0.550.01-0.91-0.44
0.220.37-0.90.340.61-0.04-0.040.46-0.38-0.24-0.17-0.26-0.16-0.28-0.240.0-0.22-0.50.04-0.19-0.54-0.01-0.33-0.260.16
0.80.9-0.660.30.610.50.440.93-0.46-0.1-0.26-0.250.1-0.04-0.20.10.150.040.010.350.030.470.54-0.360.46
0.850.560.11-0.49-0.040.50.990.71-0.310.670.260.370.650.520.530.550.350.790.010.680.820.990.630.280.83
0.810.50.14-0.55-0.040.440.990.66-0.30.720.310.420.670.580.580.580.350.80.030.670.830.990.560.340.82
0.950.9-0.470.090.460.930.710.66-0.310.21-0.130.010.420.110.10.40.380.350.170.610.280.670.62-0.20.66
-0.2-0.180.220.25-0.38-0.46-0.31-0.3-0.310.12-0.310.250.27-0.10.280.350.440.160.510.16-0.12-0.36-0.14-0.23-0.28
0.44-0.050.45-0.72-0.24-0.10.670.720.210.120.570.790.860.50.870.720.470.80.250.630.680.670.120.650.64
-0.03-0.490.57-0.84-0.17-0.260.260.31-0.13-0.310.570.310.220.120.410.09-0.010.28-0.030.220.260.3-0.150.970.33
0.22-0.180.38-0.54-0.26-0.250.370.420.010.250.790.310.760.570.910.640.170.660.010.390.440.35-0.030.460.46
0.620.20.24-0.47-0.160.10.650.670.420.270.860.220.760.420.790.910.580.830.390.680.60.630.280.30.63
0.290.050.29-0.52-0.28-0.040.520.580.11-0.10.50.120.570.420.620.340.060.63-0.380.330.660.550.240.330.29
0.33-0.110.4-0.64-0.24-0.20.530.580.10.280.870.410.910.790.620.720.240.770.040.510.530.520.00.550.56
0.550.20.07-0.390.00.10.550.580.40.350.720.090.640.910.340.720.470.680.530.520.460.560.10.180.57
0.480.340.160.02-0.220.150.350.350.380.440.47-0.010.170.580.060.240.470.480.660.790.380.290.42-0.030.27
0.620.230.53-0.59-0.50.040.790.80.350.160.80.280.660.830.630.770.680.480.080.750.880.760.570.380.62
0.170.09-0.030.10.040.010.010.030.170.510.25-0.030.010.39-0.380.040.530.660.080.3-0.020.01-0.03-0.10.05
0.760.470.23-0.27-0.190.350.680.670.610.160.630.220.390.680.330.510.520.790.750.30.580.60.610.230.58
0.520.220.54-0.6-0.540.030.820.830.28-0.120.680.260.440.60.660.530.460.380.88-0.020.580.820.60.350.53
0.810.50.11-0.55-0.010.470.990.990.67-0.360.670.30.350.630.550.520.560.290.760.010.60.820.560.320.8
0.710.690.160.01-0.330.540.630.560.62-0.140.12-0.15-0.030.280.240.00.10.420.57-0.030.610.60.56-0.170.36
-0.05-0.550.64-0.91-0.26-0.360.280.34-0.2-0.230.650.970.460.30.330.550.18-0.030.38-0.10.230.350.32-0.170.31
0.750.45-0.01-0.440.160.460.830.820.66-0.280.640.330.460.630.290.560.570.270.620.050.580.530.80.360.31
Click cells to compare fundamentals

Allot Communications Account Relationship Matchups

Allot Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets215.2M201.6M203.4M213.0M138.2M154.4M
Total Stockholder Equity131.9M130.2M126.0M102.0M49.8M47.3M
Net Debt(10.0M)(19.0M)(3.5M)32.4M26.0M27.3M
Retained Earnings(140.6M)(150.0M)(165.0M)(197.0M)(259.8M)(246.8M)
Cash16.9M23.6M11.7M12.3M15.9M20.9M
Cash And Short Term Investments83.5M98.0M84.0M85.4M53.0M84.3M
Common Stock Shares Outstanding34.3M35.0M36.1M37.0M37.9M26.7M
Liabilities And Stockholders Equity215.2M201.6M203.4M213.0M138.2M154.4M
Other Stockholder Equity272.1M279.1M289.8M299.3M308.1M212.1M
Total Current Assets153.3M146.7M135.9M151.8M89.9M117.2M
Other Assets12.7M4.0M8.7M6.2M1.00.95
Total Liab83.3M71.4M77.4M111.0M88.4M46.7M
Other Current Liab22.3M54.0M48.4M46.4M21.2M14.6M
Total Current Liabilities73.4M58.9M55.1M60.6M39.4M36.1M
Other Liab6.1M10.8M16.8M8.2M9.5M7.4M
Property Plant And Equipment Net14.5M16.5M23.5M19.6M14.2M8.7M
Current Deferred Revenue36.4M26.7M22.1M20.8M15.7M14.4M
Accounts Payable11.7M2.1M3.9M11.7M969K920.6K
Non Current Assets Total61.9M54.9M67.6M61.1M48.3M40.1M
Non Currrent Assets Other11.4M3.0M(3.3M)6.2M184K174.8K
Net Receivables35.9M20.7M33.8M47.4M14.8M23.3M
Common Stock Total Equity851K853K871K896K1.0M693.8K
Short Term Investments66.6M74.4M72.3M73.1M38.9M61.2M
Non Current Liabilities Total9.9M12.6M22.3M50.4M49.0M51.4M
Inventory10.7M12.6M11.1M13.3M11.9M9.4M
Other Current Assets23.2M15.4M10.0M9.0M10.2M5.6M
Property Plant And Equipment Gross14.5M16.5M23.5M19.6M39.6M41.6M
Accumulated Other Comprehensive Income(525K)146K271K(1.3M)483K507.2K
Short Term Debt3.2M2.8M2.8M2.5M1.5M1.4M
Intangible Assets3.4M2.7M3.5M3.5M915K869.3K
Common Stock871K896K929K954K981K747.3K
Property Plant Equipment14.5M16.5M23.5M19.6M22.6M23.7M
Net Tangible Assets96.8M95.7M90.9M66.6M60.0M87.2M
Net Invested Capital131.9M130.2M126.0M39.6M89.5M91.0M

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Additional Tools for Allot Stock Analysis

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