Alto Other Stockholder Equity vs Short Term Debt Analysis

AME Stock   0.09  0  1.09%   
Alto Metals financial indicator trend analysis is way more than just evaluating Alto Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alto Metals is a good investment. Please check the relationship between Alto Metals Other Stockholder Equity and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alto Metals. 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.

Other Stockholder Equity vs Short Term Debt

Other Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alto Metals Other Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alto Metals' Other Stockholder Equity and Short Term Debt is -0.1. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Alto Metals, assuming nothing else is changed. The correlation between historical values of Alto Metals' Other Stockholder Equity and Short 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 Other Stockholder Equity of Alto Metals are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Stockholder Equity i.e., Alto Metals' Other Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Short Term Debt

Most indicators from Alto Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alto Metals 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 Alto Metals. 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.
Issuance Of Capital Stock is likely to gain to about 5.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 118 K in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation51.2K85.1K138.7K145.6K
Net Interest Income3.6K18.0K16.2K12.1K

Alto Metals fundamental ratios Correlations

0.430.810.890.88-0.23-0.760.810.290.88-0.870.280.350.740.84-0.17-0.670.830.890.260.960.870.88-0.12-0.470.03
0.430.570.390.430.22-0.550.62-0.180.44-0.35-0.180.420.640.450.17-0.470.580.43-0.210.510.410.41-0.23-0.280.22
0.810.570.710.71-0.31-0.760.860.370.7-0.720.360.550.790.71-0.09-0.871.00.710.380.830.680.720.22-0.580.18
0.890.390.710.99-0.19-0.810.710.240.99-0.920.230.320.630.97-0.19-0.490.730.990.220.860.990.99-0.08-0.480.03
0.880.430.710.99-0.08-0.850.740.141.0-0.910.130.350.670.98-0.17-0.50.731.00.120.881.00.99-0.11-0.530.03
-0.230.22-0.31-0.19-0.08-0.2-0.05-1.0-0.070.24-1.00.090.150.00.250.21-0.29-0.08-0.98-0.03-0.08-0.12-0.41-0.21-0.18
-0.76-0.55-0.76-0.81-0.85-0.2-0.730.15-0.850.720.15-0.56-0.88-0.92-0.030.51-0.77-0.850.11-0.9-0.84-0.860.060.73-0.02
0.810.620.860.710.74-0.05-0.730.10.73-0.70.090.70.720.71-0.06-0.80.880.740.110.820.710.72-0.07-0.58-0.13
0.29-0.180.370.240.14-1.00.150.10.13-0.291.0-0.08-0.090.05-0.27-0.270.350.140.980.090.130.170.430.160.21
0.880.440.70.991.0-0.07-0.850.730.13-0.910.120.350.670.98-0.17-0.490.721.00.110.881.01.0-0.13-0.510.01
-0.87-0.35-0.72-0.92-0.910.240.72-0.7-0.29-0.91-0.29-0.17-0.51-0.880.240.62-0.74-0.91-0.27-0.82-0.9-0.92-0.010.42-0.08
0.28-0.180.360.230.13-1.00.150.091.00.12-0.29-0.09-0.10.05-0.27-0.270.340.130.990.080.120.170.440.160.21
0.350.420.550.320.350.09-0.560.7-0.080.35-0.17-0.090.620.390.23-0.330.550.35-0.010.470.340.360.03-0.61-0.26
0.740.640.790.630.670.15-0.880.72-0.090.67-0.51-0.10.620.730.17-0.540.790.67-0.070.870.660.68-0.01-0.720.18
0.840.450.710.970.980.0-0.920.710.050.98-0.880.050.390.73-0.13-0.470.730.980.050.890.980.98-0.04-0.620.06
-0.170.17-0.09-0.19-0.170.25-0.03-0.06-0.27-0.170.24-0.270.230.17-0.130.2-0.09-0.17-0.19-0.07-0.17-0.160.0-0.240.08
-0.67-0.47-0.87-0.49-0.50.210.51-0.8-0.27-0.490.62-0.27-0.33-0.54-0.470.2-0.88-0.5-0.27-0.65-0.45-0.49-0.150.4-0.1
0.830.581.00.730.73-0.29-0.770.880.350.72-0.740.340.550.790.73-0.09-0.880.730.360.850.70.740.18-0.580.15
0.890.430.710.991.0-0.08-0.850.740.141.0-0.910.130.350.670.98-0.17-0.50.730.120.881.00.99-0.1-0.530.02
0.26-0.210.380.220.12-0.980.110.110.980.11-0.270.99-0.01-0.070.05-0.19-0.270.360.120.090.110.160.50.070.18
0.960.510.830.860.88-0.03-0.90.820.090.88-0.820.080.470.870.89-0.07-0.650.850.880.090.870.88-0.12-0.620.02
0.870.410.680.991.0-0.08-0.840.710.131.0-0.90.120.340.660.98-0.17-0.450.71.00.110.870.99-0.11-0.520.02
0.880.410.720.990.99-0.12-0.860.720.171.0-0.920.170.360.680.98-0.16-0.490.740.990.160.880.99-0.08-0.530.02
-0.12-0.230.22-0.08-0.11-0.410.06-0.070.43-0.13-0.010.440.03-0.01-0.040.0-0.150.18-0.10.5-0.12-0.11-0.08-0.420.61
-0.47-0.28-0.58-0.48-0.53-0.210.73-0.580.16-0.510.420.16-0.61-0.72-0.62-0.240.4-0.58-0.530.07-0.62-0.52-0.53-0.42-0.24
0.030.220.180.030.03-0.18-0.02-0.130.210.01-0.080.21-0.260.180.060.08-0.10.150.020.180.020.020.020.61-0.24
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Alto Metals Account Relationship Matchups

Alto Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.7M22.2M27.4M30.3M33.2M16.8M
Other Current Liab351.3K101.3K360.9K227.1K171.2K185.3K
Total Current Liabilities837.8K1.8M1.9M1.4M936.7K847.3K
Total Stockholder Equity10.9M20.4M25.4M28.7M32.2M33.8M
Property Plant And Equipment Net11.5M16.7M23.8M29.1M31.2M32.8M
Net Debt123.2K(4.9M)(3.1M)(834.5K)(1.7M)(1.8M)
Retained Earnings(14.2M)(16.0M)(18.3M)(20.8M)(22.4M)(21.3M)
Cash126.8K5.1M3.3M1.1M1.9M1.9M
Non Current Assets Total11.5M16.8M23.8M29.2M31.2M32.8M
Non Currrent Assets Other25K(16.8M)(23.8M)(29.2M)(26.2M)(24.9M)
Cash And Short Term Investments126.8K5.1M3.3M1.1M1.9M2.0M
Common Stock Shares Outstanding293.5M390.3M490.0M579.5M710.0M745.5M
Liabilities And Stockholders Equity11.7M22.2M27.4M30.3M33.2M16.8M
Other Stockholder Equity(10.4M)(19.6M)(24.2M)(27.3M)1.01.05
Total Liab837.8K1.8M2.0M1.6M999.5K876.0K
Property Plant And Equipment Gross11.5M16.9M24.0M29.4M31.2M32.8M
Total Current Assets216.1K5.4M3.5M1.2M2.0M2.2M
Accumulated Other Comprehensive Income489.4K773.3K1.2M1.4M924.0K537.4K
Common Stock24.6M35.6M42.6M48.1M53.7M29.1M
Property Plant Equipment11.5M16.7M23.8M29.1M33.5M35.2M
Net Tangible Assets10.9M20.4M25.4M28.7M33.0M34.7M
Non Current Liabilities Total407.9K736.5K98.2K151.5K62.8K59.7K
Cash And Equivalents126.8K5.1M3.3M1.1M1.2M1.9M
Net Invested Capital11.1M20.4M25.4M28.7M32.2M20.2M
Net Working Capital(621.7K)3.6M1.6M(263.3K)1.1M836.3K
Capital Stock24.6M35.6M42.6M48.1M53.7M41.9M

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