Alchemy Total Current Assets vs Long Term Debt 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 Total Current Assets and its Long Term Debt 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.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alchemy Resources Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Alchemy Resources' Total Current Assets and Long Term Debt is 0.45. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt 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' Total Current Assets and Long Term Debt 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 Current Assets of Alchemy Resources are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Alchemy Resources' Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Alchemy Resources has held for over one year. Long-term debt appears on Alchemy Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Alchemy Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Income	10.1K	8.9K	8.0K	16.0K
Interest Income	10.1K	8.9K	8.0K	14.1K

Net Interest Income Interest Income

Alchemy Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Property Plant Equipment	Other Liab
Total Assets		0.44	1.0	0.81	-0.05	0.39	0.31	0.06	0.94	0.06	0.13	-0.19	0.26	0.29	0.5	0.94	0.08	0.1	0.64	0.16	-0.39	0.47	0.56	-0.69	0.95	0.35
Total Current Liabilities	0.44		0.42	0.08	-0.35	-0.06	0.87	0.37	0.3	0.37	0.21	0.23	0.02	-0.3	0.99	0.3	0.4	0.29	0.73	0.47	-0.24	0.55	0.84	-0.01	0.3	0.23
Total Stockholder Equity	1.0	0.42		0.81	-0.04	0.4	0.3	0.05	0.95	0.05	0.13	-0.2	0.27	0.3	0.48	0.95	0.08	0.1	0.63	0.15	-0.38	0.46	0.54	-0.7	0.95	0.35
Property Plant And Equipment Net	0.81	0.08	0.81		0.37	0.41	0.01	-0.36	0.9	-0.36	0.15	-0.37	0.2	0.61	0.16	0.9	-0.34	0.0	0.51	-0.08	-0.42	0.34	0.3	-0.61	0.9	0.39
Net Debt	-0.05	-0.35	-0.04	0.37		-0.23	-0.25	-0.98	0.29	-0.98	0.55	-0.16	0.05	0.18	-0.35	0.29	-0.98	0.26	-0.14	-0.32	-0.63	-0.38	-0.33	-0.18	0.26	0.6
Retained Earnings	0.39	-0.06	0.4	0.41	-0.23		0.18	0.3	0.29	0.3	-0.72	-0.87	-0.4	0.57	-0.01	0.29	0.3	-0.8	0.45	-0.58	0.54	0.67	0.39	0.12	0.29	-0.46
Accounts Payable	0.31	0.87	0.3	0.01	-0.25	0.18		0.31	0.2	0.31	0.04	-0.15	-0.32	-0.22	0.84	0.2	0.34	0.01	0.75	0.0	-0.09	0.62	0.85	0.23	0.18	0.12
Cash	0.06	0.37	0.05	-0.36	-0.98	0.3	0.31		-0.27	1.0	-0.53	0.06	-0.12	-0.2	0.35	-0.27	1.0	-0.25	0.19	0.23	0.64	0.43	0.38	0.21	-0.25	-0.55
Non Current Assets Total	0.94	0.3	0.95	0.9	0.29	0.29	0.2	-0.27		-0.27	0.3	-0.22	0.28	0.34	0.36	1.0	-0.25	0.18	0.55	0.05	-0.58	0.31	0.41	-0.73	1.0	0.53
Cash And Short Term Investments	0.06	0.37	0.05	-0.36	-0.98	0.3	0.31	1.0	-0.27		-0.53	0.06	-0.12	-0.2	0.35	-0.27	1.0	-0.25	0.19	0.23	0.64	0.43	0.38	0.21	-0.25	-0.55
Common Stock Total Equity	0.13	0.21	0.13	0.15	0.55	-0.72	0.04	-0.53	0.3	-0.53		0.49	0.34	-0.34	0.15	0.3	-0.51	0.93	-0.03	0.33	-0.89	-0.42	-0.07	-0.44	0.29	0.94
Common Stock Shares Outstanding	-0.19	0.23	-0.2	-0.37	-0.16	-0.87	-0.15	0.06	-0.22	0.06	0.49		0.55	-0.54	0.21	-0.22	0.07	0.72	-0.36	0.87	-0.34	-0.48	-0.25	-0.21	-0.2	0.22
Other Current Assets	0.26	0.02	0.27	0.2	0.05	-0.4	-0.32	-0.12	0.28	-0.12	0.34	0.55		-0.05	0.03	0.28	-0.12	0.48	-0.35	0.67	-0.37	-0.5	-0.22	-0.54	0.3	0.27
Other Stockholder Equity	0.29	-0.3	0.3	0.61	0.18	0.57	-0.22	-0.2	0.34	-0.2	-0.34	-0.54	-0.05		-0.2	0.34	-0.2	-0.46	0.2	-0.37	0.14	0.28	-0.01	-0.18	0.36	-0.15
Total Liab	0.5	0.99	0.48	0.16	-0.35	-0.01	0.84	0.35	0.36	0.35	0.15	0.21	0.03	-0.2		0.36	0.38	0.22	0.78	0.48	-0.24	0.61	0.85	-0.05	0.36	0.18
Property Plant And Equipment Gross	0.94	0.3	0.95	0.9	0.29	0.29	0.2	-0.27	1.0	-0.27	0.3	-0.22	0.28	0.34	0.36		-0.25	0.18	0.55	0.05	-0.58	0.31	0.41	-0.73	1.0	0.53
Total Current Assets	0.08	0.4	0.08	-0.34	-0.98	0.3	0.34	1.0	-0.25	1.0	-0.51	0.07	-0.12	-0.2	0.38	-0.25		-0.24	0.22	0.24	0.62	0.45	0.41	0.2	-0.23	-0.53
Common Stock	0.1	0.29	0.1	0.0	0.26	-0.8	0.01	-0.25	0.18	-0.25	0.93	0.72	0.48	-0.46	0.22	0.18	-0.24		-0.12	0.59	-0.75	-0.44	-0.1	-0.45	0.18	0.82
Short Long Term Debt Total	0.64	0.73	0.63	0.51	-0.14	0.45	0.75	0.19	0.55	0.19	-0.03	-0.36	-0.35	0.2	0.78	0.55	0.22	-0.12		-0.05	-0.15	0.89	0.91	-0.05	0.55	0.17
Other Current Liab	0.16	0.47	0.15	-0.08	-0.32	-0.58	0.0	0.23	0.05	0.23	0.33	0.87	0.67	-0.37	0.48	0.05	0.24	0.59	-0.05		-0.27	-0.16	0.09	-0.32	0.08	0.16
Other Assets	-0.39	-0.24	-0.38	-0.42	-0.63	0.54	-0.09	0.64	-0.58	0.64	-0.89	-0.34	-0.37	0.14	-0.24	-0.58	0.62	-0.75	-0.15	-0.27		0.28	-0.05	0.61	-0.56	-0.9
Long Term Debt	0.47	0.55	0.46	0.34	-0.38	0.67	0.62	0.43	0.31	0.43	-0.42	-0.48	-0.5	0.28	0.61	0.31	0.45	-0.44	0.89	-0.16	0.28		0.8	0.2	0.32	-0.23
Net Receivables	0.56	0.84	0.54	0.3	-0.33	0.39	0.85	0.38	0.41	0.38	-0.07	-0.25	-0.22	-0.01	0.85	0.41	0.41	-0.1	0.91	0.09	-0.05	0.8		0.03	0.41	0.07
Non Current Liabilities Total	-0.69	-0.01	-0.7	-0.61	-0.18	0.12	0.23	0.21	-0.73	0.21	-0.44	-0.21	-0.54	-0.18	-0.05	-0.73	0.2	-0.45	-0.05	-0.32	0.61	0.2	0.03		-0.74	-0.53
Property Plant Equipment	0.95	0.3	0.95	0.9	0.26	0.29	0.18	-0.25	1.0	-0.25	0.29	-0.2	0.3	0.36	0.36	1.0	-0.23	0.18	0.55	0.08	-0.56	0.32	0.41	-0.74		0.51
Other Liab	0.35	0.23	0.35	0.39	0.6	-0.46	0.12	-0.55	0.53	-0.55	0.94	0.22	0.27	-0.15	0.18	0.53	-0.53	0.82	0.17	0.16	-0.9	-0.23	0.07	-0.53	0.51

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Alchemy Resources Account Relationship Matchups

Alchemy Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6M	7.8M	10.2M	15.0M	13.5M	13.5M
Total Current Liabilities	231.3K	155.3K	247.3K	353.3K	239.7K	215.9K
Total Stockholder Equity	6.4M	7.7M	9.9M	14.6M	13.3M	13.2M
Property Plant And Equipment Net	3.5K	6.8M	8.1M	1.4K	10.4M	9.6M
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 Payable	205.1K	73.5K	152.8K	214.3K	78.7K	74.8K
Cash	873.4K	924.4K	2.0M	5.0M	3.0M	2.0M
Non Current Assets Total	5.7M	6.8M	8.1M	9.8M	10.4M	10.6M
Cash And Short Term Investments	873.4K	924.4K	2.0M	5.0M	3.0M	2.0M
Common Stock Shares Outstanding	551.4M	687.4M	870.0M	1.1B	1.2B	1.2B
Liabilities And Stockholders Equity	6.6M	7.8M	10.2M	15.0M	13.5M	13.5M
Other Current Assets	12.1K	14.9K	41.8K	43.0K	59.1K	62.1K
Other Stockholder Equity	(6.2M)	(7.6M)	(9.8M)	(14.1M)	1.0	1.05
Total Liab	231.3K	155.3K	247.3K	353.3K	239.7K	281.6K
Property Plant And Equipment Gross	5.7M	6.8M	8.1M	9.8M	10.4M	10.5M
Total Current Assets	940.1K	986.4K	2.1M	5.1M	3.1M	2.1M
Accumulated Other Comprehensive Income	171.6K	76.8K	193.5K	500.9K	408.7K	288.4K
Common Stock	33.7M	35.4M	38.4M	43.4M	49.9M	29.6M
Other Current Liab	26.2K	81.8K	94.5K	139.0K	160.9K	169.0K
Net Receivables	54.6K	47.1K	46.4K	79.5K	23.8K	22.6K
Property Plant Equipment	5.7M	6.8M	8.1M	9.8M	11.3M	11.1M
Non Currrent Assets Other	5.7M	(6.8M)	(8.1M)	9.8M	11.3M	11.9M
Net Tangible Assets	6.4M	7.7M	9.9M	14.6M	13.2M	9.6M
Net Invested Capital	6.4M	7.7M	9.9M	14.6M	13.3M	11.9M
Cash And Equivalents	873.4K	924.4K	2.0M	5.0M	5.8M	6.0M
Net Working Capital	708.8K	831.0K	1.8M	4.8M	2.9M	1.9M
Capital Stock	33.7M	35.4M	38.4M	43.4M	49.9M	41.6M

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