Alliance Cash vs Total Stockholder Equity Analysis

ALM Stock

CAD 0.20 0.03 17.65%

Alliance Mining financial indicator trend analysis is way more than just evaluating Alliance Mining Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliance Mining Corp is a good investment. Please check the relationship between Alliance Mining Cash and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alliance Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Mining Corp Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between Alliance Mining's Cash and Total Stockholder Equity is 0.69. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Alliance Mining Corp, assuming nothing else is changed. The correlation between historical values of Alliance Mining's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Alliance Mining Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Alliance Mining's Cash and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of Alliance Mining Corp, which is listed under current asset account on Alliance Mining Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alliance Mining customers. The amounts must be unrestricted with restricted cash listed in a different Alliance Mining account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Alliance Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alliance Mining Corp 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 Alliance Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 384.9 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

Alliance Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Common Stock	Net Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.46	-0.63	0.65	0.67	0.6	-0.66	0.99	-0.88	0.23	-0.63	-0.68	1.0	-0.52	-0.7	-0.45	0.64	0.65	-0.47
Other Current Liab	-0.46		0.83	-0.9	-0.84	-0.92	0.52	-0.52	0.65	-0.33	0.83	0.79	-0.46	0.9	0.76	0.92	-0.9	-0.9	0.95
Total Current Liabilities	-0.63	0.83		-0.96	-0.95	-0.93	0.85	-0.68	0.7	-0.27	1.0	0.99	-0.63	0.95	0.97	0.91	-0.96	-0.96	0.87
Total Stockholder Equity	0.65	-0.9	-0.96		0.97	0.99	-0.82	0.69	-0.7	0.22	-0.96	-0.95	0.65	-0.93	-0.95	-0.87	1.0	1.0	-0.88
Net Tangible Assets	0.67	-0.84	-0.95	0.97		0.96	-0.77	0.72	-0.66	0.31	-0.95	-0.97	0.67	-0.9	-0.97	-0.83	0.96	0.97	-0.8
Retained Earnings	0.6	-0.92	-0.93	0.99	0.96		-0.76	0.64	-0.67	0.26	-0.93	-0.93	0.6	-0.92	-0.93	-0.86	0.99	0.99	-0.88
Accounts Payable	-0.66	0.52	0.85	-0.82	-0.77	-0.76		-0.64	0.61	0.03	0.85	0.86	-0.66	0.72	0.86	0.6	-0.82	-0.82	0.59
Cash	0.99	-0.52	-0.68	0.69	0.72	0.64	-0.64		-0.88	0.22	-0.68	-0.72	0.99	-0.56	-0.74	-0.53	0.68	0.69	-0.51
Net Receivables	-0.88	0.65	0.7	-0.7	-0.66	-0.67	0.61	-0.88		-0.35	0.7	0.71	-0.88	0.7	0.71	0.66	-0.7	-0.7	0.7
Other Stockholder Equity	0.23	-0.33	-0.27	0.22	0.31	0.26	0.03	0.22	-0.35		-0.27	-0.27	0.23	-0.45	-0.27	-0.34	0.22	0.22	-0.45
Total Liab	-0.63	0.83	1.0	-0.96	-0.95	-0.93	0.85	-0.68	0.7	-0.27		0.99	-0.63	0.95	0.97	0.91	-0.96	-0.96	0.87
Short Long Term Debt	-0.68	0.79	0.99	-0.95	-0.97	-0.93	0.86	-0.72	0.71	-0.27	0.99		-0.68	0.92	0.99	0.86	-0.95	-0.95	0.81
Total Current Assets	1.0	-0.46	-0.63	0.65	0.67	0.6	-0.66	0.99	-0.88	0.23	-0.63	-0.68		-0.52	-0.7	-0.45	0.64	0.65	-0.47
Common Stock	-0.52	0.9	0.95	-0.93	-0.9	-0.92	0.72	-0.56	0.7	-0.45	0.95	0.92	-0.52		0.9	0.95	-0.93	-0.93	0.96
Net Debt	-0.7	0.76	0.97	-0.95	-0.97	-0.93	0.86	-0.74	0.71	-0.27	0.97	0.99	-0.7	0.9		0.81	-0.94	-0.95	0.77
Common Stock Shares Outstanding	-0.45	0.92	0.91	-0.87	-0.83	-0.86	0.6	-0.53	0.66	-0.34	0.91	0.86	-0.45	0.95	0.81		-0.87	-0.87	0.95
Net Invested Capital	0.64	-0.9	-0.96	1.0	0.96	0.99	-0.82	0.68	-0.7	0.22	-0.96	-0.95	0.64	-0.93	-0.94	-0.87		1.0	-0.88
Net Working Capital	0.65	-0.9	-0.96	1.0	0.97	0.99	-0.82	0.69	-0.7	0.22	-0.96	-0.95	0.65	-0.93	-0.95	-0.87	1.0		-0.88
Capital Stock	-0.47	0.95	0.87	-0.88	-0.8	-0.88	0.59	-0.51	0.7	-0.45	0.87	0.81	-0.47	0.96	0.77	0.95	-0.88	-0.88

Click cells to compare fundamentals

Alliance Mining Account Relationship Matchups

Alliance Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9K	4.6K	5.7K	13.2K	4.7K	4.5K
Other Current Liab	48.7K	70.4K	1.7M	2.0M	2.3M	2.4M
Total Current Liabilities	1.6M	1.9M	2.1M	2.5M	3.1M	1.9M
Total Stockholder Equity	(1.6M)	(1.9M)	(2.1M)	(2.4M)	(3.1M)	(2.9M)
Net Tangible Assets	(1.6M)	(1.9M)	(2.1M)	(2.4M)	(2.2M)	(2.3M)
Retained Earnings	(6.4M)	(6.8M)	(7.6M)	(8.1M)	(8.7M)	(9.2M)
Accounts Payable	434.5K	488.7K	264.0K	283.2K	617.5K	380.8K
Cash	648.0	762.0	1.0K	212.0	252.0	239.4
Net Receivables	4.2K	3.9K	4.6K	4.2K	4.9K	4.4K
Total Liab	1.6M	1.9M	2.1M	2.5M	3.1M	1.9M
Short Long Term Debt	169.5K	190.9K	195.4K	219.3K	246.2K	184.5K
Total Current Assets	4.9K	4.6K	5.7K	13.2K	4.7K	4.5K
Net Debt	168.9K	190.1K	194.4K	219.1K	246.0K	188.2K
Net Invested Capital	(1.5M)	(1.7M)	(1.9M)	(2.2M)	(2.9M)	(2.7M)
Net Working Capital	(1.6M)	(1.9M)	(2.1M)	(2.4M)	(3.1M)	(2.9M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Alliance Stock Analysis

When running Alliance Mining's price analysis, check to measure Alliance Mining'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 Alliance Mining is operating at the current time. Most of Alliance Mining's value examination focuses on studying past and present price action to predict the probability of Alliance Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Mining's price. Additionally, you may evaluate how the addition of Alliance Mining to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC