Alpha Tax Provision vs Other Operating Expenses Analysis

AOSL Stock  USD 38.63  1.77  4.38%   
Alpha financial indicator trend analysis is way more than just evaluating Alpha and Omega prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha and Omega is a good investment. Please check the relationship between Alpha Tax Provision and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha and Omega. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Tax Provision vs Other Operating Expenses

Tax Provision vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha and Omega Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alpha's Tax Provision and Other Operating Expenses is 0.44. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Alpha and Omega, assuming nothing else is changed. The correlation between historical values of Alpha's Tax Provision and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Alpha and Omega are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., Alpha's Tax Provision and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alpha and Omega. It is also known as Alpha overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Alpha's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha and Omega 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 Alpha and Omega. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Enterprise Value is expected to rise to about 744 M this year, although the value of Selling General Administrative will most likely fall to about 56.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit268.6M199.5M171.9M117.7M
Total Revenue777.6M691.3M657.3M455.9M

Alpha fundamental ratios Correlations

0.740.290.680.530.720.580.36-0.410.670.150.720.690.510.720.160.820.520.750.270.930.530.550.780.350.0
0.740.620.970.880.780.830.63-0.230.770.510.90.910.670.90.050.710.880.960.510.830.890.710.970.540.4
0.290.620.490.830.170.910.250.530.140.780.540.550.420.54-0.180.50.890.620.550.330.870.60.60.880.88
0.680.970.490.840.780.730.71-0.360.790.490.90.870.660.90.120.660.810.890.460.770.830.620.940.360.32
0.530.880.830.840.520.890.670.010.510.80.890.780.640.890.140.650.960.810.560.560.990.640.910.750.68
0.720.780.170.780.520.440.48-0.571.00.120.70.910.640.70.020.540.50.760.210.760.520.750.750.17-0.11
0.580.830.910.730.890.440.310.290.410.740.690.760.630.69-0.20.730.930.840.690.640.920.740.790.780.76
0.360.630.250.710.670.480.31-0.550.510.390.830.490.240.830.690.30.570.440.090.330.630.140.740.230.13
-0.41-0.230.53-0.360.01-0.570.29-0.55-0.590.29-0.42-0.24-0.17-0.42-0.56-0.170.15-0.130.29-0.360.080.04-0.330.410.65
0.670.770.140.790.511.00.410.51-0.590.10.690.90.630.690.040.490.490.740.20.720.510.720.740.13-0.13
0.150.510.780.490.80.120.740.390.290.10.530.470.580.530.050.490.720.40.70.140.770.450.540.560.86
0.720.90.540.90.890.70.690.83-0.420.690.530.780.571.00.390.70.820.80.30.720.860.540.980.530.3
0.690.910.550.870.780.910.760.49-0.240.90.470.780.770.78-0.090.650.790.880.490.750.790.890.860.460.31
0.510.670.420.660.640.640.630.24-0.170.630.580.570.770.57-0.120.580.550.650.560.530.60.760.640.350.37
0.720.90.540.90.890.70.690.83-0.420.690.531.00.780.570.390.70.820.80.30.720.860.540.980.530.3
0.160.05-0.180.120.140.02-0.20.69-0.560.040.050.39-0.09-0.120.39-0.010.01-0.16-0.17-0.040.08-0.340.24-0.06-0.16
0.820.710.50.660.650.540.730.3-0.170.490.490.70.650.580.7-0.010.620.720.480.820.640.580.750.440.3
0.520.880.890.810.960.50.930.570.150.490.720.820.790.550.820.010.620.840.560.580.990.660.870.770.71
0.750.960.620.890.810.760.840.44-0.130.740.40.80.880.650.8-0.160.720.840.440.880.830.760.90.590.34
0.270.510.550.460.560.210.690.090.290.20.70.30.490.560.3-0.170.480.560.440.290.570.440.430.340.72
0.930.830.330.770.560.760.640.33-0.360.720.140.720.750.530.72-0.040.820.580.880.290.570.640.810.340.04
0.530.890.870.830.990.520.920.630.080.510.770.860.790.60.860.080.640.990.830.570.570.650.90.760.7
0.550.710.60.620.640.750.740.140.040.720.450.540.890.760.54-0.340.580.660.760.440.640.650.640.530.36
0.780.970.60.940.910.750.790.74-0.330.740.540.980.860.640.980.240.750.870.90.430.810.90.640.570.36
0.350.540.880.360.750.170.780.230.410.130.560.530.460.350.53-0.060.440.770.590.340.340.760.530.570.65
0.00.40.880.320.68-0.110.760.130.65-0.130.860.30.310.370.3-0.160.30.710.340.720.040.70.360.360.65
Click cells to compare fundamentals

Alpha Account Relationship Matchups

Alpha fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding24.8M27.3M28.2M29.5M28.2M26.3M
Total Assets792.9M918.6M1.3B1.2B1.1B636.7M
Short Long Term Debt Total206.4M201.6M98.8M78.8M67.2M63.6M
Other Current Liab53.5M47.1M105.3M86.2M80.0M41.3M
Total Current Liabilities192.1M233.2M266.4M172.6M154.2M131.9M
Total Stockholder Equity293.7M373.2M854.1M883.9M891.6M936.2M
Property Plant And Equipment Net445.3M471.6M342.3M382.2M362.3M244.3M
Net Debt47.9M(851K)(215.6M)(116.4M)(107.9M)(113.3M)
Retained Earnings118.8M176.9M630.0M642.3M631.1M662.6M
Accounts Payable86.2M80.7M87.4M50.8M45.1M64.7M
Cash158.5M202.4M314.4M195.2M175.1M143.1M
Non Current Assets Total474.6M511.3M749.0M775.8M747.0M784.4M
Non Currrent Assets Other7.7M20.9M17.7M19.7M24.5M25.7M
Cash And Short Term Investments158.5M202.4M314.4M195.2M175.1M143.1M
Net Receivables13.3M35.8M65.7M22.4M16.0M25.5M
Common Stock Total Equity64K66K68K70K63K59.9K
Liabilities And Stockholders Equity792.9M918.6M1.3B1.2B1.1B636.7M
Non Current Liabilities Total169.0M169.0M178.2M143.3M99.2M68.5M
Inventory135.5M154.3M158.0M183.2M195.8M102.7M
Other Current Assets8.8M14.8M11.5M23.1M11.2M11.2M
Other Stockholder Equity179.9M193.9M223.0M249.7M273.9M173.4M
Total Liab361.1M402.2M444.5M315.8M253.4M200.3M
Property Plant And Equipment Gross436.8M478.3M342.3M382.2M684.5M718.7M
Total Current Assets318.3M407.3M549.6M423.9M398.0M293.2M
Accumulated Other Comprehensive Income(5.1M)2.3M1.1M(8.1M)(13.4M)(12.7M)
Short Term Debt49.5M102.8M30.2M21.9M23.8M20.4M
Intangible Assets25.0M22.5M10.1M6.8M3.2M3.1M
Common Stock64K66K68K70K72K68.4K
Other Assets12.4M26.2M18.3M20.1M1.00.95
Long Term Debt99.8M78.0M38.2M38.4M26.7M28.3M
Property Plant Equipment445.3M471.6M342.3M357.8M411.5M245.9M
Other Liab12.1M47.9M109.5M81.1M93.3M98.0M
Treasury Stock(66.2M)(66.1M)(66M)(79.4M)(71.4M)(67.9M)
Net Tangible Assets276.9M359.8M844.0M877.2M1.0B1.1B
Noncontrolling Interest In Consolidated Entity147.6M152.3M138.2M143.1M164.6M172.8M
Retained Earnings Total Equity118.8M176.9M630.0M642.3M738.6M775.6M
Long Term Debt Total99.8M78.0M42.5M38.4M44.1M39.2M

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When determining whether Alpha and Omega is a strong investment it is important to analyze Alpha's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha and Omega. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Earnings Share
(0.69)
Revenue Per Share
23.055
Quarterly Revenue Growth
0.449
Return On Assets
(0.01)
The market value of Alpha and Omega is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha's value that differs from its market value or its book value, called intrinsic value, which is Alpha's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha's market value can be influenced by many factors that don't directly affect Alpha's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.