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 Direction | Negative |
Relationship Strength | Insignificant |
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 Depreciation | 51.2K | 85.1K | 138.7K | 145.6K | Net Interest Income | 3.6K | 18.0K | 16.2K | 12.1K |
Alto Metals fundamental ratios Correlations
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Alto Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alto Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.7M | 22.2M | 27.4M | 30.3M | 33.2M | 16.8M | |
Other Current Liab | 351.3K | 101.3K | 360.9K | 227.1K | 171.2K | 185.3K | |
Total Current Liabilities | 837.8K | 1.8M | 1.9M | 1.4M | 936.7K | 847.3K | |
Total Stockholder Equity | 10.9M | 20.4M | 25.4M | 28.7M | 32.2M | 33.8M | |
Property Plant And Equipment Net | 11.5M | 16.7M | 23.8M | 29.1M | 31.2M | 32.8M | |
Net Debt | 123.2K | (4.9M) | (3.1M) | (834.5K) | (1.7M) | (1.8M) | |
Retained Earnings | (14.2M) | (16.0M) | (18.3M) | (20.8M) | (22.4M) | (21.3M) | |
Cash | 126.8K | 5.1M | 3.3M | 1.1M | 1.9M | 1.9M | |
Non Current Assets Total | 11.5M | 16.8M | 23.8M | 29.2M | 31.2M | 32.8M | |
Non Currrent Assets Other | 25K | (16.8M) | (23.8M) | (29.2M) | (26.2M) | (24.9M) | |
Cash And Short Term Investments | 126.8K | 5.1M | 3.3M | 1.1M | 1.9M | 2.0M | |
Common Stock Shares Outstanding | 293.5M | 390.3M | 490.0M | 579.5M | 710.0M | 745.5M | |
Liabilities And Stockholders Equity | 11.7M | 22.2M | 27.4M | 30.3M | 33.2M | 16.8M | |
Other Stockholder Equity | (10.4M) | (19.6M) | (24.2M) | (27.3M) | 1.0 | 1.05 | |
Total Liab | 837.8K | 1.8M | 2.0M | 1.6M | 999.5K | 876.0K | |
Property Plant And Equipment Gross | 11.5M | 16.9M | 24.0M | 29.4M | 31.2M | 32.8M | |
Total Current Assets | 216.1K | 5.4M | 3.5M | 1.2M | 2.0M | 2.2M | |
Accumulated Other Comprehensive Income | 489.4K | 773.3K | 1.2M | 1.4M | 924.0K | 537.4K | |
Common Stock | 24.6M | 35.6M | 42.6M | 48.1M | 53.7M | 29.1M | |
Property Plant Equipment | 11.5M | 16.7M | 23.8M | 29.1M | 33.5M | 35.2M | |
Net Tangible Assets | 10.9M | 20.4M | 25.4M | 28.7M | 33.0M | 34.7M | |
Non Current Liabilities Total | 407.9K | 736.5K | 98.2K | 151.5K | 62.8K | 59.7K | |
Cash And Equivalents | 126.8K | 5.1M | 3.3M | 1.1M | 1.2M | 1.9M | |
Net Invested Capital | 11.1M | 20.4M | 25.4M | 28.7M | 32.2M | 20.2M | |
Net Working Capital | (621.7K) | 3.6M | 1.6M | (263.3K) | 1.1M | 836.3K | |
Capital Stock | 24.6M | 35.6M | 42.6M | 48.1M | 53.7M | 41.9M |
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When running Alto Metals' price analysis, check to measure Alto Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alto Metals is operating at the current time. Most of Alto Metals' value examination focuses on studying past and present price action to predict the probability of Alto Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alto Metals' price. Additionally, you may evaluate how the addition of Alto Metals to your portfolios can decrease your overall portfolio volatility.