APT Stock | | | USD 5.41 0.03 0.56% |
Alpha Pro financial indicator trend analysis is way more than just evaluating Alpha Pro Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Pro Tech is a good investment. Please check the relationship between Alpha Pro Ebitda and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Pro Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Ebitda vs Total Revenue
Ebitda vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alpha Pro Tech Ebitda account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Alpha Pro's Ebitda and Total Revenue is 0.85. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Alpha Pro Tech, assuming nothing else is changed. The correlation between historical values of Alpha Pro's Ebitda and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Alpha Pro Tech are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebitda i.e., Alpha Pro's Ebitda and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ebitda
Total Revenue
Total revenue comprises all receipts Alpha Pro Tech generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Alpha Pro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Pro Tech 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 Pro Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Alpha Pro's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas
Selling General Administrative is likely to drop slightly above 12.8
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 25.3M | 21.7M | 22.8M | 18.0M | Total Revenue | 68.6M | 62.0M | 61.2M | 44.1M |
Alpha Pro fundamental ratios Correlations
Click cells to compare fundamentals
Alpha Pro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alpha Pro fundamental ratios Accounts
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Additional Tools for Alpha Stock Analysis
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