ALS Total Stockholder Equity vs Accounts Payable 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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ALS Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

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

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Accounts Payable

An accounting item on the balance sheet that represents ALS obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ALS are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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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