Almaden Stock Based Compensation vs Net Income Analysis

AMM Stock

CAD 0.06 0.01 8.33%

Almaden Minerals financial indicator trend analysis is way more than just evaluating Almaden Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Almaden Minerals is a good investment. Please check the relationship between Almaden Minerals Stock Based Compensation and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almaden Minerals. 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.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Almaden Minerals Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Almaden Minerals' Stock Based Compensation and Net Income is 0.33. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Almaden Minerals, assuming nothing else is changed. The correlation between historical values of Almaden Minerals' Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Almaden Minerals are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Almaden Minerals' Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Almaden Minerals financial statement analysis. It represents the amount of money remaining after all of Almaden Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Almaden Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Almaden Minerals 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 Almaden Minerals. 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.

As of the 30th of November 2024, Sales General And Administrative To Revenue is likely to grow to about 31.2 K, while Selling General Administrative is likely to drop about 1.4 M.

Almaden Minerals 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 Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Inventory	Non Current Liabilities Total	Other Current Assets	Common Stock Total Equity	Intangible Assets
Total Assets		0.66	0.16	1.0	0.9	-0.24	0.13	0.13	0.29	0.95	0.48	0.11	-0.16	0.2	0.28	0.1	0.33	0.9	0.17	-0.03	-0.43	-0.3	0.49	0.27	0.35	0.01
Other Current Liab	0.66		0.39	0.63	0.65	0.11	-0.38	0.27	0.01	0.67	0.53	-0.04	-0.17	0.58	0.07	0.08	0.58	0.66	0.0	-0.13	-0.07	-0.68	0.6	0.69	0.55	0.53
Total Current Liabilities	0.16	0.39		0.17	0.07	-0.15	-0.23	0.96	0.15	0.12	0.25	0.11	0.39	0.21	-0.13	-0.26	-0.07	0.07	0.13	-0.1	-0.23	-0.62	-0.08	0.05	0.12	0.21
Total Stockholder Equity	1.0	0.63	0.17		0.88	-0.31	0.21	0.16	0.35	0.93	0.47	0.16	-0.12	0.12	0.29	0.1	0.24	0.87	0.22	0.02	-0.51	-0.26	0.41	0.2	0.28	-0.02
Property Plant And Equipment Net	0.9	0.65	0.07	0.88		0.17	-0.07	0.0	-0.13	0.99	0.63	-0.31	-0.47	0.36	0.09	-0.07	0.54	1.0	-0.26	-0.37	-0.22	-0.21	0.58	0.36	0.57	0.15
Net Debt	-0.24	0.11	-0.15	-0.31	0.17		-0.61	-0.29	-0.97	0.04	0.36	-0.9	-0.59	0.53	-0.54	-0.22	0.63	0.17	-0.91	-0.63	0.68	0.07	0.41	0.5	0.59	0.47
Retained Earnings	0.13	-0.38	-0.23	0.21	-0.07	-0.61		0.01	0.46	0.01	-0.05	0.35	0.21	-0.94	0.01	0.0	-0.76	-0.08	0.38	0.43	-0.78	0.63	-0.54	-0.57	-0.77	-0.33
Accounts Payable	0.13	0.27	0.96	0.16	0.0	-0.29	0.01		0.25	0.06	0.2	0.19	0.46	-0.03	-0.18	-0.28	-0.28	0.0	0.21	0.01	-0.41	-0.48	-0.26	-0.13	-0.11	0.11
Cash	0.29	0.01	0.15	0.35	-0.13	-0.97	0.46	0.25		0.0	-0.4	0.95	0.6	-0.36	0.61	0.31	-0.45	-0.13	0.96	0.65	-0.55	-0.2	-0.23	-0.33	-0.46	-0.44
Non Current Assets Total	0.95	0.67	0.12	0.93	0.99	0.04	0.01	0.06	0.0		0.6	-0.19	-0.37	0.29	0.12	-0.05	0.46	0.99	-0.13	-0.27	-0.31	-0.23	0.55	0.33	0.49	0.12
Non Currrent Assets Other	0.48	0.53	0.25	0.47	0.63	0.36	-0.05	0.2	-0.4	0.6		-0.44	-0.3	0.19	-0.35	0.0	0.2	0.62	-0.4	-0.2	-0.18	-0.07	0.16	0.38	0.43	0.54
Cash And Short Term Investments	0.11	-0.04	0.11	0.16	-0.31	-0.9	0.35	0.19	0.95	-0.19	-0.44		0.66	-0.28	0.54	0.49	-0.43	-0.31	0.99	0.8	-0.37	-0.24	-0.24	-0.24	-0.48	-0.36
Net Receivables	-0.16	-0.17	0.39	-0.12	-0.47	-0.59	0.21	0.46	0.6	-0.37	-0.3	0.66		-0.26	0.01	0.09	-0.43	-0.47	0.68	0.55	-0.18	-0.18	-0.28	-0.12	-0.44	-0.21
Common Stock Shares Outstanding	0.2	0.58	0.21	0.12	0.36	0.53	-0.94	-0.03	-0.36	0.29	0.19	-0.28	-0.26		0.09	0.11	0.88	0.37	-0.3	-0.38	0.67	-0.68	0.72	0.68	0.86	0.33
Short Term Investments	0.28	0.07	-0.13	0.29	0.09	-0.54	0.01	-0.18	0.61	0.12	-0.35	0.54	0.01	0.09		0.37	-0.03	0.09	0.51	0.17	-0.17	-0.19	-0.02	-0.2	0.07	-0.33
Other Stockholder Equity	0.1	0.08	-0.26	0.1	-0.07	-0.22	0.0	-0.28	0.31	-0.05	0.0	0.49	0.09	0.11	0.37		0.05	-0.07	0.49	0.75	0.11	-0.09	0.14	0.24	0.04	0.03
Total Liab	0.33	0.58	-0.07	0.24	0.54	0.63	-0.76	-0.28	-0.45	0.46	0.2	-0.43	-0.43	0.88	-0.03	0.05		0.55	-0.42	-0.44	0.62	-0.44	0.92	0.79	0.82	0.34
Property Plant And Equipment Gross	0.9	0.66	0.07	0.87	1.0	0.17	-0.08	0.0	-0.13	0.99	0.62	-0.31	-0.47	0.37	0.09	-0.07	0.55		-0.26	-0.37	-0.21	-0.21	0.59	0.37	0.58	0.15
Total Current Assets	0.17	0.0	0.13	0.22	-0.26	-0.91	0.38	0.21	0.96	-0.13	-0.4	0.99	0.68	-0.3	0.51	0.49	-0.42	-0.26		0.81	-0.4	-0.23	-0.2	-0.2	-0.45	-0.34
Short Term Debt	-0.03	-0.13	-0.1	0.02	-0.37	-0.63	0.43	0.01	0.65	-0.27	-0.2	0.8	0.55	-0.38	0.17	0.75	-0.44	-0.37	0.81		-0.26	0.02	-0.22	-0.07	-0.49	-0.15
Current Deferred Revenue	-0.43	-0.07	-0.23	-0.51	-0.22	0.68	-0.78	-0.41	-0.55	-0.31	-0.18	-0.37	-0.18	0.67	-0.17	0.11	0.62	-0.21	-0.4	-0.26		-0.13	0.47	0.49	0.54	0.12
Inventory	-0.3	-0.68	-0.62	-0.26	-0.21	0.07	0.63	-0.48	-0.2	-0.23	-0.07	-0.24	-0.18	-0.68	-0.19	-0.09	-0.44	-0.21	-0.23	0.02	-0.13		-0.38	-0.38	-0.4	-0.17
Non Current Liabilities Total	0.49	0.6	-0.08	0.41	0.58	0.41	-0.54	-0.26	-0.23	0.55	0.16	-0.24	-0.28	0.72	-0.02	0.14	0.92	0.59	-0.2	-0.22	0.47	-0.38		0.81	0.72	0.25
Other Current Assets	0.27	0.69	0.05	0.2	0.36	0.5	-0.57	-0.13	-0.33	0.33	0.38	-0.24	-0.12	0.68	-0.2	0.24	0.79	0.37	-0.2	-0.07	0.49	-0.38	0.81		0.65	0.68
Common Stock Total Equity	0.35	0.55	0.12	0.28	0.57	0.59	-0.77	-0.11	-0.46	0.49	0.43	-0.48	-0.44	0.86	0.07	0.04	0.82	0.58	-0.45	-0.49	0.54	-0.4	0.72	0.65		0.35
Intangible Assets	0.01	0.53	0.21	-0.02	0.15	0.47	-0.33	0.11	-0.44	0.12	0.54	-0.36	-0.21	0.33	-0.33	0.03	0.34	0.15	-0.34	-0.15	0.12	-0.17	0.25	0.68	0.35

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Almaden Minerals Account Relationship Matchups

Almaden Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	74.1M	76.4M	87.2M	78.1M	12.7M	12.1M
Other Current Liab	778.8K	447.6K	508.1K	104.3K	112.9K	107.2K
Total Current Liabilities	900.8K	582.5K	590.7K	428.8K	951.7K	695.9K
Total Stockholder Equity	68.6M	71.2M	80.2M	69.8M	7.0M	6.7M
Property Plant And Equipment Net	71.4M	72.8M	76.0M	70.2M	6.9M	6.6M
Net Debt	1.9M	478.8K	(6.4M)	(2.3M)	3.1M	3.2M
Retained Earnings	(76.1M)	(79.3M)	(81.9M)	(93.8M)	(157.4M)	(149.5M)
Accounts Payable	778.8K	447.6K	508.1K	236.2K	738.3K	520.1K
Cash	912.2K	2.5M	10.2M	6.7M	1.7M	1.6M
Non Current Assets Total	71.4M	72.8M	76.0M	70.2M	6.9M	6.6M
Non Currrent Assets Other	71.4M	58.6M	(9.78)	(6.84)	(4.8K)	(4.5K)
Cash And Short Term Investments	912.2K	2.5M	10.2M	6.7M	4.2M	8.0M
Net Receivables	100.2K	123.0K	92.0K	198.9K	389.9K	266.1K
Common Stock Shares Outstanding	111.7M	117.3M	133.8M	137.2M	157.8M	165.7M
Short Term Investments	0.0	1.3M	8.0M	5.1M	2.6M	3.3M
Liabilities And Stockholders Equity	74.1M	76.4M	87.2M	78.1M	12.7M	12.1M
Other Stockholder Equity	17.7M	19.2M	21.1M	22.5M	20.3M	22.4M
Total Liab	5.5M	5.3M	7.0M	8.2M	5.7M	6.0M
Property Plant And Equipment Gross	71.4M	72.8M	76.9M	71.0M	7.8M	7.4M
Total Current Assets	2.6M	3.7M	11.2M	7.9M	5.8M	5.5M
Accumulated Other Comprehensive Income	17.7M	19.2M	21.1M	22.5M	23.4M	24.5M
Short Term Debt	121.9K	135.0K	82.7K	88.3K	100.5K	95.5K
Non Current Liabilities Total	4.6M	4.7M	6.5M	7.8M	4.8M	2.8M
Other Current Assets	1.6M	955.8K	979.6K	1.0M	1.1M	842.2K
Intangible Assets	17.6K	13.48	9.78	6.84	4.8K	5.0K
Net Tangible Assets	68.6M	71.2M	80.2M	69.8M	80.3M	65.4M
Property Plant Equipment	71.4M	72.8M	76.0M	70.2M	80.7M	57.8M
Other Liab	1.9M	1.8M	2.8M	3.5M	4.0M	2.1M
Long Term Debt Total	2.7M	2.9M	3.7M	4.3M	5.0M	5.2M
Net Invested Capital	71.1M	74.0M	83.4M	73.7M	11.4M	10.8M
Net Working Capital	1.7M	3.1M	10.7M	7.5M	4.8M	5.5M

Pair Trading with Almaden Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Almaden Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Almaden Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving against Almaden Stock

0.47

BRK

Berkshire Hathaway CDR

Pair Corr

The ability to find closely correlated positions to Almaden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almaden Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Almaden Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Almaden Minerals to buy it.

The correlation of Almaden Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Almaden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almaden Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Almaden Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Almaden Stock

Balance Sheet is a snapshot of the financial position of Almaden Minerals at a specified time, usually calculated after every quarter, six months, or one year. Almaden Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Almaden Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Almaden currently owns. An asset can also be divided into two categories, current and non-current.

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Almaden Stock Based Compensation vs Net Income Analysis

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Net Income

Almaden Minerals fundamental ratios Correlations

Almaden Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Almaden Minerals fundamental ratios Accounts

Pair Trading with Almaden Minerals

Moving against Almaden Stock

Other Information on Investing in Almaden Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Accounts Payable	+ 0.96	Total Current Liabilities

Cash	- 0.97	Net Debt
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Total Current Assets	- 0.91	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Current Deferred Revenue	- 0.78	Retained Earnings
Common Stock Total Equity	- 0.77	Retained Earnings