Alchemy Property Plant And Equipment Net vs Retained Earnings Analysis

ALY Stock   0.01  0  14.29%   
Alchemy Resources financial indicator trend analysis is way more than just evaluating Alchemy Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alchemy Resources is a good investment. Please check the relationship between Alchemy Resources Property Plant And Equipment Net and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alchemy Resources. 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.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alchemy Resources Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alchemy Resources' Property Plant And Equipment Net and Retained Earnings is 0.41. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Alchemy Resources, assuming nothing else is changed. The correlation between historical values of Alchemy Resources' Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Alchemy Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., Alchemy Resources' Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Alchemy Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alchemy Resources 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 Alchemy Resources. 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 gain to about 489.4 K in 2024. Issuance Of Capital Stock is likely to gain to about 6.8 M in 2024
 2019 2020 2023 2024 (projected)
Net Interest Income10.1K8.9K8.0K16.0K
Interest Income10.1K8.9K8.0K14.1K

Alchemy Resources fundamental ratios Correlations

0.441.00.81-0.050.390.310.060.940.060.13-0.190.260.290.50.940.080.10.640.16-0.390.470.56-0.690.950.35
0.440.420.08-0.35-0.060.870.370.30.370.210.230.02-0.30.990.30.40.290.730.47-0.240.550.84-0.010.30.23
1.00.420.81-0.040.40.30.050.950.050.13-0.20.270.30.480.950.080.10.630.15-0.380.460.54-0.70.950.35
0.810.080.810.370.410.01-0.360.9-0.360.15-0.370.20.610.160.9-0.340.00.51-0.08-0.420.340.3-0.610.90.39
-0.05-0.35-0.040.37-0.23-0.25-0.980.29-0.980.55-0.160.050.18-0.350.29-0.980.26-0.14-0.32-0.63-0.38-0.33-0.180.260.6
0.39-0.060.40.41-0.230.180.30.290.3-0.72-0.87-0.40.57-0.010.290.3-0.80.45-0.580.540.670.390.120.29-0.46
0.310.870.30.01-0.250.180.310.20.310.04-0.15-0.32-0.220.840.20.340.010.750.0-0.090.620.850.230.180.12
0.060.370.05-0.36-0.980.30.31-0.271.0-0.530.06-0.12-0.20.35-0.271.0-0.250.190.230.640.430.380.21-0.25-0.55
0.940.30.950.90.290.290.2-0.27-0.270.3-0.220.280.340.361.0-0.250.180.550.05-0.580.310.41-0.731.00.53
0.060.370.05-0.36-0.980.30.311.0-0.27-0.530.06-0.12-0.20.35-0.271.0-0.250.190.230.640.430.380.21-0.25-0.55
0.130.210.130.150.55-0.720.04-0.530.3-0.530.490.34-0.340.150.3-0.510.93-0.030.33-0.89-0.42-0.07-0.440.290.94
-0.190.23-0.2-0.37-0.16-0.87-0.150.06-0.220.060.490.55-0.540.21-0.220.070.72-0.360.87-0.34-0.48-0.25-0.21-0.20.22
0.260.020.270.20.05-0.4-0.32-0.120.28-0.120.340.55-0.050.030.28-0.120.48-0.350.67-0.37-0.5-0.22-0.540.30.27
0.29-0.30.30.610.180.57-0.22-0.20.34-0.2-0.34-0.54-0.05-0.20.34-0.2-0.460.2-0.370.140.28-0.01-0.180.36-0.15
0.50.990.480.16-0.35-0.010.840.350.360.350.150.210.03-0.20.360.380.220.780.48-0.240.610.85-0.050.360.18
0.940.30.950.90.290.290.2-0.271.0-0.270.3-0.220.280.340.36-0.250.180.550.05-0.580.310.41-0.731.00.53
0.080.40.08-0.34-0.980.30.341.0-0.251.0-0.510.07-0.12-0.20.38-0.25-0.240.220.240.620.450.410.2-0.23-0.53
0.10.290.10.00.26-0.80.01-0.250.18-0.250.930.720.48-0.460.220.18-0.24-0.120.59-0.75-0.44-0.1-0.450.180.82
0.640.730.630.51-0.140.450.750.190.550.19-0.03-0.36-0.350.20.780.550.22-0.12-0.05-0.150.890.91-0.050.550.17
0.160.470.15-0.08-0.32-0.580.00.230.050.230.330.870.67-0.370.480.050.240.59-0.05-0.27-0.160.09-0.320.080.16
-0.39-0.24-0.38-0.42-0.630.54-0.090.64-0.580.64-0.89-0.34-0.370.14-0.24-0.580.62-0.75-0.15-0.270.28-0.050.61-0.56-0.9
0.470.550.460.34-0.380.670.620.430.310.43-0.42-0.48-0.50.280.610.310.45-0.440.89-0.160.280.80.20.32-0.23
0.560.840.540.3-0.330.390.850.380.410.38-0.07-0.25-0.22-0.010.850.410.41-0.10.910.09-0.050.80.030.410.07
-0.69-0.01-0.7-0.61-0.180.120.230.21-0.730.21-0.44-0.21-0.54-0.18-0.05-0.730.2-0.45-0.05-0.320.610.20.03-0.74-0.53
0.950.30.950.90.260.290.18-0.251.0-0.250.29-0.20.30.360.361.0-0.230.180.550.08-0.560.320.41-0.740.51
0.350.230.350.390.6-0.460.12-0.550.53-0.550.940.220.27-0.150.180.53-0.530.820.170.16-0.9-0.230.07-0.530.51
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Alchemy Resources Account Relationship Matchups

Alchemy Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M7.8M10.2M15.0M13.5M13.5M
Total Current Liabilities231.3K155.3K247.3K353.3K239.7K215.9K
Total Stockholder Equity6.4M7.7M9.9M14.6M13.3M13.2M
Property Plant And Equipment Net3.5K6.8M8.1M1.4K10.4M9.6M
Net Debt(873.4K)(924.4K)(2.0M)(5.0M)(3.0M)(3.2M)
Retained Earnings(27.5M)(27.8M)(28.6M)(29.3M)(30.6M)(29.0M)
Accounts Payable205.1K73.5K152.8K214.3K78.7K74.8K
Cash873.4K924.4K2.0M5.0M3.0M2.0M
Non Current Assets Total5.7M6.8M8.1M9.8M10.4M10.6M
Cash And Short Term Investments873.4K924.4K2.0M5.0M3.0M2.0M
Common Stock Shares Outstanding551.4M687.4M870.0M1.1B1.2B1.2B
Liabilities And Stockholders Equity6.6M7.8M10.2M15.0M13.5M13.5M
Other Current Assets12.1K14.9K41.8K43.0K59.1K62.1K
Other Stockholder Equity(6.2M)(7.6M)(9.8M)(14.1M)1.01.05
Total Liab231.3K155.3K247.3K353.3K239.7K281.6K
Property Plant And Equipment Gross5.7M6.8M8.1M9.8M10.4M10.5M
Total Current Assets940.1K986.4K2.1M5.1M3.1M2.1M
Accumulated Other Comprehensive Income171.6K76.8K193.5K500.9K408.7K288.4K
Common Stock33.7M35.4M38.4M43.4M49.9M29.6M
Other Current Liab26.2K81.8K94.5K139.0K160.9K169.0K
Net Receivables54.6K47.1K46.4K79.5K23.8K22.6K
Property Plant Equipment5.7M6.8M8.1M9.8M11.3M11.1M
Non Currrent Assets Other5.7M(6.8M)(8.1M)9.8M11.3M11.9M
Net Tangible Assets6.4M7.7M9.9M14.6M13.2M9.6M
Net Invested Capital6.4M7.7M9.9M14.6M13.3M11.9M
Cash And Equivalents873.4K924.4K2.0M5.0M5.8M6.0M
Net Working Capital708.8K831.0K1.8M4.8M2.9M1.9M
Capital Stock33.7M35.4M38.4M43.4M49.9M41.6M

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