Alto Short Term Debt vs Retained Earnings Analysis

AME Stock

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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 Short Term Debt and its Retained Earnings 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.

Short Term Debt vs Retained Earnings

Short Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alto Metals Short Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Alto Metals' Short Term Debt and Retained Earnings is -0.02. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Retained Earnings 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' Short Term Debt 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 Short Term Debt of Alto Metals 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 Short Term Debt i.e., Alto Metals' Short Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

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Short Term Debt

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 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

Reconciled Depreciation Net Interest Income

Alto Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	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	Property Plant Equipment	Net Tangible Assets	Other Assets	Long Term Investments	Short Term Debt
Total Assets		0.43	0.81	0.89	0.88	-0.23	-0.76	0.81	0.29	0.88	-0.87	0.28	0.35	0.74	0.84	-0.17	-0.67	0.83	0.89	0.26	0.96	0.87	0.88	-0.12	-0.47	0.03
Other Current Liab	0.43		0.57	0.39	0.43	0.22	-0.55	0.62	-0.18	0.44	-0.35	-0.18	0.42	0.64	0.45	0.17	-0.47	0.58	0.43	-0.21	0.51	0.41	0.41	-0.23	-0.28	0.22
Total Current Liabilities	0.81	0.57		0.71	0.71	-0.31	-0.76	0.86	0.37	0.7	-0.72	0.36	0.55	0.79	0.71	-0.09	-0.87	1.0	0.71	0.38	0.83	0.68	0.72	0.22	-0.58	0.18
Total Stockholder Equity	0.89	0.39	0.71		0.99	-0.19	-0.81	0.71	0.24	0.99	-0.92	0.23	0.32	0.63	0.97	-0.19	-0.49	0.73	0.99	0.22	0.86	0.99	0.99	-0.08	-0.48	0.03
Property Plant And Equipment Net	0.88	0.43	0.71	0.99		-0.08	-0.85	0.74	0.14	1.0	-0.91	0.13	0.35	0.67	0.98	-0.17	-0.5	0.73	1.0	0.12	0.88	1.0	0.99	-0.11	-0.53	0.03
Net Debt	-0.23	0.22	-0.31	-0.19	-0.08		-0.2	-0.05	-1.0	-0.07	0.24	-1.0	0.09	0.15	0.0	0.25	0.21	-0.29	-0.08	-0.98	-0.03	-0.08	-0.12	-0.41	-0.21	-0.18
Retained Earnings	-0.76	-0.55	-0.76	-0.81	-0.85	-0.2		-0.73	0.15	-0.85	0.72	0.15	-0.56	-0.88	-0.92	-0.03	0.51	-0.77	-0.85	0.11	-0.9	-0.84	-0.86	0.06	0.73	-0.02
Accounts Payable	0.81	0.62	0.86	0.71	0.74	-0.05	-0.73		0.1	0.73	-0.7	0.09	0.7	0.72	0.71	-0.06	-0.8	0.88	0.74	0.11	0.82	0.71	0.72	-0.07	-0.58	-0.13
Cash	0.29	-0.18	0.37	0.24	0.14	-1.0	0.15	0.1		0.13	-0.29	1.0	-0.08	-0.09	0.05	-0.27	-0.27	0.35	0.14	0.98	0.09	0.13	0.17	0.43	0.16	0.21
Non Current Assets Total	0.88	0.44	0.7	0.99	1.0	-0.07	-0.85	0.73	0.13		-0.91	0.12	0.35	0.67	0.98	-0.17	-0.49	0.72	1.0	0.11	0.88	1.0	1.0	-0.13	-0.51	0.01
Non Currrent Assets Other	-0.87	-0.35	-0.72	-0.92	-0.91	0.24	0.72	-0.7	-0.29	-0.91		-0.29	-0.17	-0.51	-0.88	0.24	0.62	-0.74	-0.91	-0.27	-0.82	-0.9	-0.92	-0.01	0.42	-0.08
Cash And Short Term Investments	0.28	-0.18	0.36	0.23	0.13	-1.0	0.15	0.09	1.0	0.12	-0.29		-0.09	-0.1	0.05	-0.27	-0.27	0.34	0.13	0.99	0.08	0.12	0.17	0.44	0.16	0.21
Net Receivables	0.35	0.42	0.55	0.32	0.35	0.09	-0.56	0.7	-0.08	0.35	-0.17	-0.09		0.62	0.39	0.23	-0.33	0.55	0.35	-0.01	0.47	0.34	0.36	0.03	-0.61	-0.26
Common Stock Total Equity	0.74	0.64	0.79	0.63	0.67	0.15	-0.88	0.72	-0.09	0.67	-0.51	-0.1	0.62		0.73	0.17	-0.54	0.79	0.67	-0.07	0.87	0.66	0.68	-0.01	-0.72	0.18
Common Stock Shares Outstanding	0.84	0.45	0.71	0.97	0.98	0.0	-0.92	0.71	0.05	0.98	-0.88	0.05	0.39	0.73		-0.13	-0.47	0.73	0.98	0.05	0.89	0.98	0.98	-0.04	-0.62	0.06
Other Current Assets	-0.17	0.17	-0.09	-0.19	-0.17	0.25	-0.03	-0.06	-0.27	-0.17	0.24	-0.27	0.23	0.17	-0.13		0.2	-0.09	-0.17	-0.19	-0.07	-0.17	-0.16	0.0	-0.24	0.08
Other Stockholder Equity	-0.67	-0.47	-0.87	-0.49	-0.5	0.21	0.51	-0.8	-0.27	-0.49	0.62	-0.27	-0.33	-0.54	-0.47	0.2		-0.88	-0.5	-0.27	-0.65	-0.45	-0.49	-0.15	0.4	-0.1
Total Liab	0.83	0.58	1.0	0.73	0.73	-0.29	-0.77	0.88	0.35	0.72	-0.74	0.34	0.55	0.79	0.73	-0.09	-0.88		0.73	0.36	0.85	0.7	0.74	0.18	-0.58	0.15
Property Plant And Equipment Gross	0.89	0.43	0.71	0.99	1.0	-0.08	-0.85	0.74	0.14	1.0	-0.91	0.13	0.35	0.67	0.98	-0.17	-0.5	0.73		0.12	0.88	1.0	0.99	-0.1	-0.53	0.02
Total Current Assets	0.26	-0.21	0.38	0.22	0.12	-0.98	0.11	0.11	0.98	0.11	-0.27	0.99	-0.01	-0.07	0.05	-0.19	-0.27	0.36	0.12		0.09	0.11	0.16	0.5	0.07	0.18
Common Stock	0.96	0.51	0.83	0.86	0.88	-0.03	-0.9	0.82	0.09	0.88	-0.82	0.08	0.47	0.87	0.89	-0.07	-0.65	0.85	0.88	0.09		0.87	0.88	-0.12	-0.62	0.02
Property Plant Equipment	0.87	0.41	0.68	0.99	1.0	-0.08	-0.84	0.71	0.13	1.0	-0.9	0.12	0.34	0.66	0.98	-0.17	-0.45	0.7	1.0	0.11	0.87		0.99	-0.11	-0.52	0.02
Net Tangible Assets	0.88	0.41	0.72	0.99	0.99	-0.12	-0.86	0.72	0.17	1.0	-0.92	0.17	0.36	0.68	0.98	-0.16	-0.49	0.74	0.99	0.16	0.88	0.99		-0.08	-0.53	0.02
Other Assets	-0.12	-0.23	0.22	-0.08	-0.11	-0.41	0.06	-0.07	0.43	-0.13	-0.01	0.44	0.03	-0.01	-0.04	0.0	-0.15	0.18	-0.1	0.5	-0.12	-0.11	-0.08		-0.42	0.61
Long Term Investments	-0.47	-0.28	-0.58	-0.48	-0.53	-0.21	0.73	-0.58	0.16	-0.51	0.42	0.16	-0.61	-0.72	-0.62	-0.24	0.4	-0.58	-0.53	0.07	-0.62	-0.52	-0.53	-0.42		-0.24
Short Term Debt	0.03	0.22	0.18	0.03	0.03	-0.18	-0.02	-0.13	0.21	0.01	-0.08	0.21	-0.26	0.18	0.06	0.08	-0.1	0.15	0.02	0.18	0.02	0.02	0.02	0.61	-0.24

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Alto Metals Account Relationship Matchups

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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