ALS Net Debt vs Cash And Short Term Investments Analysis

ALQ Stock

15.50 0.66 4.08%

ALS financial indicator trend analysis is way more than just evaluating ALS prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ALS is a good investment. Please check the relationship between ALS Net Debt and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALS. 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ALS Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between ALS's Net Debt and Cash And Short Term Investments is 0.56. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of ALS, assuming nothing else is changed. The correlation between historical values of ALS's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of ALS are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., ALS's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ALS balance sheet. This account contains ALS investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ALS fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Discontinued Operations is likely to gain to about 19.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 719 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	33.3M	43M	64.2M	67.4M
Depreciation And Amortization	131.2M	152.4M	173.9M	182.6M

Interest Expense Depreciation And Amortization

ALS 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	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.96	0.74	0.87	0.8	0.96	-0.25	0.95	-0.24	0.92	0.67	0.99	0.23	0.67	0.97	0.94	0.83	0.37	0.96	0.9	0.66	-0.6	0.96	0.85	0.94	0.71
Short Long Term Debt Total	0.96		0.81	0.92	0.62	0.99	-0.31	0.99	-0.31	0.96	0.69	0.95	0.16	0.69	0.95	0.84	0.73	0.4	0.98	0.81	0.71	-0.72	1.0	0.91	0.92	0.79
Other Current Liab	0.74	0.81		0.83	0.31	0.86	-0.66	0.87	-0.18	0.87	0.27	0.78	-0.19	0.27	0.77	0.57	0.46	0.36	0.81	0.58	0.76	-0.82	0.85	0.94	0.61	0.67
Total Current Liabilities	0.87	0.92	0.83		0.48	0.91	-0.29	0.94	-0.33	0.92	0.51	0.87	0.2	0.51	0.86	0.72	0.63	0.36	0.84	0.68	0.86	-0.75	0.94	0.92	0.79	0.95
Total Stockholder Equity	0.8	0.62	0.31	0.48		0.63	0.03	0.59	-0.03	0.56	0.52	0.79	0.35	0.52	0.73	0.93	0.81	0.2	0.64	0.85	0.3	-0.11	0.6	0.45	0.74	0.32
Property Plant And Equipment Net	0.96	0.99	0.86	0.91	0.63		-0.38	0.98	-0.27	0.97	0.65	0.96	0.12	0.65	0.96	0.84	0.73	0.38	0.98	0.83	0.71	-0.74	0.99	0.93	0.91	0.76
Current Deferred Revenue	-0.25	-0.31	-0.66	-0.29	0.03	-0.38		-0.4	-0.06	-0.43	0.18	-0.32	0.31	0.18	-0.26	-0.1	0.02	-0.04	-0.37	-0.15	-0.28	0.64	-0.35	-0.54	-0.05	-0.11
Net Debt	0.95	0.99	0.87	0.94	0.59	0.98	-0.4		-0.24	0.96	0.56	0.96	0.1	0.56	0.94	0.83	0.67	0.38	0.96	0.79	0.75	-0.75	0.99	0.95	0.86	0.81
Retained Earnings	-0.24	-0.31	-0.18	-0.33	-0.03	-0.27	-0.06	-0.24		-0.38	-0.51	-0.19	-0.58	-0.51	-0.19	-0.09	-0.58	-0.35	-0.28	0.0	-0.42	0.22	-0.31	-0.22	-0.38	-0.33
Accounts Payable	0.92	0.96	0.87	0.92	0.56	0.97	-0.43	0.96	-0.38		0.6	0.92	0.18	0.6	0.94	0.77	0.73	0.48	0.95	0.8	0.75	-0.72	0.97	0.94	0.88	0.76
Cash	0.67	0.69	0.27	0.51	0.52	0.65	0.18	0.56	-0.51	0.6		0.58	0.35	1.0	0.65	0.57	0.72	0.34	0.7	0.61	0.27	-0.32	0.65	0.42	0.86	0.43
Non Current Assets Total	0.99	0.95	0.78	0.87	0.79	0.96	-0.32	0.96	-0.19	0.92	0.58		0.19	0.58	0.96	0.94	0.79	0.33	0.95	0.88	0.67	-0.62	0.95	0.87	0.89	0.71
Non Currrent Assets Other	0.23	0.16	-0.19	0.2	0.35	0.12	0.31	0.1	-0.58	0.18	0.35	0.19		0.35	0.14	0.26	0.53	0.08	0.1	0.12	0.23	0.03	0.14	-0.03	0.29	0.24
Cash And Short Term Investments	0.67	0.69	0.27	0.51	0.52	0.65	0.18	0.56	-0.51	0.6	1.0	0.58	0.35		0.65	0.57	0.72	0.34	0.7	0.61	0.27	-0.32	0.65	0.42	0.86	0.43
Net Receivables	0.97	0.95	0.77	0.86	0.73	0.96	-0.26	0.94	-0.19	0.94	0.65	0.96	0.14	0.65		0.9	0.76	0.43	0.95	0.92	0.6	-0.57	0.95	0.85	0.93	0.68
Good Will	0.94	0.84	0.57	0.72	0.93	0.84	-0.1	0.83	-0.09	0.77	0.57	0.94	0.26	0.57	0.9		0.82	0.3	0.84	0.9	0.49	-0.37	0.83	0.68	0.85	0.56
Common Stock Total Equity	0.83	0.73	0.46	0.63	0.81	0.73	0.02	0.67	-0.58	0.73	0.72	0.79	0.53	0.72	0.76	0.82		0.42	0.73	0.72	0.54	-0.27	0.72	0.56	0.86	0.49
Common Stock Shares Outstanding	0.37	0.4	0.36	0.36	0.2	0.38	-0.04	0.38	-0.35	0.48	0.34	0.33	0.08	0.34	0.43	0.3	0.42		0.41	0.37	0.32	-0.09	0.41	0.4	0.46	0.26
Non Current Liabilities Total	0.96	0.98	0.81	0.84	0.64	0.98	-0.37	0.96	-0.28	0.95	0.7	0.95	0.1	0.7	0.95	0.84	0.73	0.41		0.83	0.62	-0.69	0.98	0.89	0.92	0.66
Inventory	0.9	0.81	0.58	0.68	0.85	0.83	-0.15	0.79	0.0	0.8	0.61	0.88	0.12	0.61	0.92	0.9	0.72	0.37	0.83		0.41	-0.33	0.81	0.72	0.88	0.49
Other Current Assets	0.66	0.71	0.76	0.86	0.3	0.71	-0.28	0.75	-0.42	0.75	0.27	0.67	0.23	0.27	0.6	0.49	0.54	0.32	0.62	0.41		-0.72	0.74	0.81	0.56	0.83
Other Stockholder Equity	-0.6	-0.72	-0.82	-0.75	-0.11	-0.74	0.64	-0.75	0.22	-0.72	-0.32	-0.62	0.03	-0.32	-0.57	-0.37	-0.27	-0.09	-0.69	-0.33	-0.72		-0.74	-0.78	-0.49	-0.67
Total Liab	0.96	1.0	0.85	0.94	0.6	0.99	-0.35	0.99	-0.31	0.97	0.65	0.95	0.14	0.65	0.95	0.83	0.72	0.41	0.98	0.81	0.74	-0.74		0.93	0.91	0.8
Property Plant And Equipment Gross	0.85	0.91	0.94	0.92	0.45	0.93	-0.54	0.95	-0.22	0.94	0.42	0.87	-0.03	0.42	0.85	0.68	0.56	0.4	0.89	0.72	0.81	-0.78	0.93		0.74	0.78
Total Current Assets	0.94	0.92	0.61	0.79	0.74	0.91	-0.05	0.86	-0.38	0.88	0.86	0.89	0.29	0.86	0.93	0.85	0.86	0.46	0.92	0.88	0.56	-0.49	0.91	0.74		0.66
Short Term Debt	0.71	0.79	0.67	0.95	0.32	0.76	-0.11	0.81	-0.33	0.76	0.43	0.71	0.24	0.43	0.68	0.56	0.49	0.26	0.66	0.49	0.83	-0.67	0.8	0.78	0.66

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ALS Account Relationship Matchups

ALS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	2.5B	2.8B	3.3B	3.7B	3.9B
Short Long Term Debt Total	1.4B	967.7M	1.2B	1.4B	1.9B	2.0B
Other Current Liab	25.2M	239.4M	284.5M	265.4M	396.9M	416.7M
Total Current Liabilities	587.1M	378.1M	738.6M	612.8M	851.5M	894.1M
Total Stockholder Equity	1.1B	1.1B	1.1B	1.4B	1.2B	1.2B
Property Plant And Equipment Net	727.2M	641.1M	693.5M	812.6M	1.0B	1.1B
Current Deferred Revenue	208.1M	(43.6M)	67.2M	(179.5M)	500K	475K
Net Debt	1.0B	799.1M	1.1B	1.3B	1.6B	1.7B
Retained Earnings	(204.9M)	(104.5M)	(76.2M)	49.5M	(129.4M)	(122.9M)
Accounts Payable	70.6M	65.9M	72.8M	100.7M	122.1M	128.2M
Cash	424.4M	168.6M	122.8M	179.6M	299.9M	314.9M
Non Current Assets Total	2.0B	1.9B	2.2B	2.6B	2.7B	2.8B
Non Currrent Assets Other	43.6M	22.4M	21.4M	32.5M	12.7M	10.4M
Cash And Short Term Investments	424.4M	168.6M	122.8M	179.6M	299.9M	314.9M
Net Receivables	365.2M	338.1M	321.8M	416.6M	542.9M	570.0M
Good Will	1.1B	1.1B	1.1B	1.3B	1.4B	1.4B
Common Stock Total Equity	1.3B	1.3B	1.3B	1.3B	1.5B	1.6B
Liabilities And Stockholders Equity	2.9B	2.5B	2.8B	3.3B	3.7B	3.9B
Non Current Liabilities Total	1.2B	1.0B	974.9M	1.3B	1.7B	1.8B
Inventory	78.9M	64.4M	71.2M	101.3M	108.5M	113.9M
Other Current Assets	43.3M	40M	126.1M	55.8M	76.7M	80.5M
Other Stockholder Equity	(1.1B)	(1.2B)	(1.2B)	(1.4B)	(1.2B)	(1.2B)
Total Liab	1.8B	1.4B	1.7B	2.0B	2.5B	2.7B
Property Plant And Equipment Gross	727.2M	641.1M	1.5B	1.6B	2.0B	2.1B
Total Current Assets	936.7M	611.1M	641.9M	753.3M	1.0B	1.1B
Accumulated Other Comprehensive Income	1.1M	(131.1M)	(124.7M)	(8.7M)	(13.2M)	(13.9M)
Short Term Debt	283.2M	42.2M	342.3M	179.5M	318.2M	334.1M
Common Stock	1.3B	1.3B	1.3B	1.3B	1.3B	1.4B
Intangible Assets	48.2M	72.4M	76.2M	113.2M	133.4M	140.1M
Other Liab	68.8M	93.5M	79.6M	70.4M	81.0M	85.0M
Long Term Debt	984.2M	777.2M	895.3M	1.1B	1.2B	1.3B
Short Term Investments	600K	(9.8M)	13.8M	(1.5M)	16.3M	17.1M
Property Plant Equipment	727.2M	641.1M	693.4M	812.5M	934.4M	981.1M
Net Tangible Assets	(60.5M)	(67.5M)	(74.7M)	(47M)	(42.3M)	(40.2M)
Long Term Investments	30.1M	35M	250.8M	293.5M	46.1M	78.3M
Short Long Term Debt	243.3M	5M	299.7M	128.3M	239.6M	206.8M
Long Term Debt Total	1.2B	925.5M	895.3M	1.3B	1.5B	950.4M
Capital Lease Obligations	219.9M	185.5M	342.3M	245.6M	396.9M	218.6M

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