Alliance Other Stockholder Equity vs Capital Stock Analysis

ALM Stock  CAD 0.20  0.00  0.00%   
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 Other Stockholder Equity and its Capital Stock 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.

Other Stockholder Equity vs Capital Stock

Other Stockholder Equity vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Mining Corp Other Stockholder Equity account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alliance Mining's Other Stockholder Equity and Capital Stock is -0.45. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Capital Stock 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 Other Stockholder Equity and Capital Stock 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 Stockholder Equity of Alliance Mining Corp are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Other Stockholder Equity i.e., Alliance Mining's Other Stockholder Equity and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Stockholder Equity

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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

-0.46-0.630.650.670.6-0.660.99-0.880.23-0.63-0.681.0-0.52-0.7-0.450.640.65-0.47
-0.460.83-0.9-0.84-0.920.52-0.520.65-0.330.830.79-0.460.90.760.92-0.9-0.90.95
-0.630.83-0.96-0.95-0.930.85-0.680.7-0.271.00.99-0.630.950.970.91-0.96-0.960.87
0.65-0.9-0.960.970.99-0.820.69-0.70.22-0.96-0.950.65-0.93-0.95-0.871.01.0-0.88
0.67-0.84-0.950.970.96-0.770.72-0.660.31-0.95-0.970.67-0.9-0.97-0.830.960.97-0.8
0.6-0.92-0.930.990.96-0.760.64-0.670.26-0.93-0.930.6-0.92-0.93-0.860.990.99-0.88
-0.660.520.85-0.82-0.77-0.76-0.640.610.030.850.86-0.660.720.860.6-0.82-0.820.59
0.99-0.52-0.680.690.720.64-0.64-0.880.22-0.68-0.720.99-0.56-0.74-0.530.680.69-0.51
-0.880.650.7-0.7-0.66-0.670.61-0.88-0.350.70.71-0.880.70.710.66-0.7-0.70.7
0.23-0.33-0.270.220.310.260.030.22-0.35-0.27-0.270.23-0.45-0.27-0.340.220.22-0.45
-0.630.831.0-0.96-0.95-0.930.85-0.680.7-0.270.99-0.630.950.970.91-0.96-0.960.87
-0.680.790.99-0.95-0.97-0.930.86-0.720.71-0.270.99-0.680.920.990.86-0.95-0.950.81
1.0-0.46-0.630.650.670.6-0.660.99-0.880.23-0.63-0.68-0.52-0.7-0.450.640.65-0.47
-0.520.90.95-0.93-0.9-0.920.72-0.560.7-0.450.950.92-0.520.90.95-0.93-0.930.96
-0.70.760.97-0.95-0.97-0.930.86-0.740.71-0.270.970.99-0.70.90.81-0.94-0.950.77
-0.450.920.91-0.87-0.83-0.860.6-0.530.66-0.340.910.86-0.450.950.81-0.87-0.870.95
0.64-0.9-0.961.00.960.99-0.820.68-0.70.22-0.96-0.950.64-0.93-0.94-0.871.0-0.88
0.65-0.9-0.961.00.970.99-0.820.69-0.70.22-0.96-0.950.65-0.93-0.95-0.871.0-0.88
-0.470.950.87-0.88-0.8-0.880.59-0.510.7-0.450.870.81-0.470.960.770.95-0.88-0.88
Click cells to compare fundamentals

Alliance Mining Account Relationship Matchups

Alliance Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9K4.6K5.7K13.2K4.7K4.5K
Other Current Liab48.7K70.4K1.7M2.0M2.3M2.4M
Total Current Liabilities1.6M1.9M2.1M2.5M3.1M1.9M
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 Payable434.5K488.7K264.0K283.2K617.5K380.8K
Cash648.0762.01.0K212.0252.0239.4
Net Receivables4.2K3.9K4.6K4.2K4.9K4.4K
Total Liab1.6M1.9M2.1M2.5M3.1M1.9M
Short Long Term Debt169.5K190.9K195.4K219.3K246.2K184.5K
Total Current Assets4.9K4.6K5.7K13.2K4.7K4.5K
Net Debt168.9K190.1K194.4K219.1K246.0K188.2K
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)

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