Alpha Net Debt vs Cash Analysis
| ALSAW Stock | USD 0.01 0.00 0.00% |
Alpha Star financial indicator trend analysis is way more than just evaluating Alpha Star Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Star Acquisition is a good investment. Please check the relationship between Alpha Star Net Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Star Acquisition Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Alpha Star's Net Debt and Cash is -0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Alpha Star Acquisition, assuming nothing else is changed. The correlation between historical values of Alpha Star's Net Debt and Cash 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 Alpha Star Acquisition are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Alpha Star's Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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
Cash refers to the most liquid asset of Alpha Star Acquisition, which is listed under current asset account on Alpha Star Acquisition balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alpha Star customers. The amounts must be unrestricted with restricted cash listed in a different Alpha Star 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.Most indicators from Alpha Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Star Acquisition 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Enterprise Value Over EBITDA is likely to drop to 30.51 in 2024. Enterprise Value Multiple is likely to drop to 30.51 in 2024
| 2010 | 2022 | 2024 (projected) | Other Operating Expenses | 53.3K | 587.6K | 450.4K | Interest Expense | 105.8K | 2.1M | 100.5K |
Alpha Star fundamental ratios Correlations
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Alpha Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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