Alterity Issuance Of Capital Stock vs Stock Based Compensation Analysis

ATHE Stock  USD 1.09  0.03  2.83%   
Alterity Therapeutics financial indicator trend analysis is way more than just evaluating Alterity Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alterity Therapeutics is a good investment. Please check the relationship between Alterity Therapeutics Issuance Of Capital Stock and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alterity Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.

Issuance Of Capital Stock vs Stock Based Compensation

Issuance Of Capital Stock vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alterity Therapeutics Issuance Of Capital Stock account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alterity Therapeutics' Issuance Of Capital Stock and Stock Based Compensation is 0.55. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Alterity Therapeutics, assuming nothing else is changed. The correlation between historical values of Alterity Therapeutics' Issuance Of Capital Stock and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Alterity Therapeutics are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Issuance Of Capital Stock i.e., Alterity Therapeutics' Issuance Of Capital Stock and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Issuance Of Capital Stock

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.
Most indicators from Alterity Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alterity Therapeutics 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 Alterity Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 11.2 M, whereas Selling General Administrative is forecasted to decline to about 3.5 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization54.2K102.3K35.3K33.6K
Research Development14.7M13.2M18.6M19.6M

Alterity Therapeutics fundamental ratios Correlations

0.99-0.980.980.980.16-0.731.00.610.270.510.04-0.410.47-0.52-0.230.750.220.180.51-0.310.570.160.14-0.42-0.45
0.99-0.990.990.990.1-0.760.990.540.210.42-0.03-0.340.43-0.49-0.150.720.170.120.42-0.330.50.090.07-0.44-0.39
-0.98-0.99-1.0-1.0-0.020.83-0.98-0.52-0.15-0.410.080.27-0.430.470.07-0.64-0.11-0.02-0.40.34-0.480.010.00.440.33
0.980.99-1.01.00.06-0.810.980.510.180.41-0.08-0.290.42-0.48-0.090.630.10.050.41-0.340.480.010.03-0.43-0.35
0.980.99-1.01.00.06-0.810.980.510.180.41-0.08-0.290.42-0.48-0.090.630.10.050.41-0.340.480.010.02-0.43-0.35
0.160.1-0.020.060.060.40.130.550.890.630.66-0.850.09-0.25-0.910.180.280.950.640.360.590.770.88-0.06-0.75
-0.73-0.760.83-0.81-0.810.4-0.75-0.250.33-0.10.32-0.12-0.460.22-0.35-0.340.060.42-0.090.31-0.210.330.40.49-0.09
1.00.99-0.980.980.980.13-0.750.610.230.510.03-0.380.47-0.52-0.20.750.230.150.51-0.310.570.140.11-0.42-0.43
0.610.54-0.520.510.510.55-0.250.610.520.790.42-0.860.34-0.69-0.610.660.50.530.79-0.050.990.60.46-0.36-0.73
0.270.21-0.150.180.180.890.330.230.520.580.44-0.8-0.13-0.37-0.80.220.140.790.590.070.550.560.75-0.01-0.74
0.510.42-0.410.410.410.63-0.10.510.790.580.63-0.720.57-0.44-0.760.590.50.631.00.110.770.620.68-0.04-0.74
0.04-0.030.08-0.08-0.080.660.320.030.420.440.63-0.480.350.18-0.820.260.720.80.640.690.40.830.880.1-0.53
-0.41-0.340.27-0.29-0.29-0.85-0.12-0.38-0.86-0.8-0.72-0.48-0.180.660.81-0.46-0.4-0.78-0.73-0.03-0.88-0.76-0.690.270.83
0.470.43-0.430.420.420.09-0.460.470.34-0.130.570.35-0.18-0.07-0.270.50.410.150.570.140.290.320.24-0.29-0.2
-0.52-0.490.47-0.48-0.48-0.250.22-0.52-0.69-0.37-0.440.180.66-0.070.22-0.52-0.14-0.16-0.440.66-0.7-0.2-0.060.190.54
-0.23-0.150.07-0.09-0.09-0.91-0.35-0.2-0.61-0.8-0.76-0.820.81-0.270.22-0.36-0.55-0.94-0.77-0.39-0.6-0.86-0.93-0.090.85
0.750.72-0.640.630.630.18-0.340.750.660.220.590.26-0.460.5-0.52-0.360.540.290.59-0.240.610.420.24-0.27-0.47
0.220.17-0.110.10.10.280.060.230.50.140.50.72-0.40.41-0.14-0.550.540.460.510.270.420.760.59-0.05-0.42
0.180.12-0.020.050.050.950.420.150.530.790.630.8-0.780.15-0.16-0.940.290.460.640.430.550.860.930.04-0.77
0.510.42-0.40.410.410.64-0.090.510.790.591.00.64-0.730.57-0.44-0.770.590.510.640.120.770.640.7-0.04-0.75
-0.31-0.330.34-0.34-0.340.360.31-0.31-0.050.070.110.69-0.030.140.66-0.39-0.240.270.430.12-0.060.470.470.09-0.09
0.570.5-0.480.480.480.59-0.210.570.990.550.770.4-0.880.29-0.7-0.60.610.420.550.77-0.060.590.46-0.38-0.72
0.160.090.010.010.010.770.330.140.60.560.620.83-0.760.32-0.2-0.860.420.760.860.640.470.590.85-0.05-0.7
0.140.070.00.030.020.880.40.110.460.750.680.88-0.690.24-0.06-0.930.240.590.930.70.470.460.850.06-0.67
-0.42-0.440.44-0.43-0.43-0.060.49-0.42-0.36-0.01-0.040.10.27-0.290.19-0.09-0.27-0.050.04-0.040.09-0.38-0.050.06-0.17
-0.45-0.390.33-0.35-0.35-0.75-0.09-0.43-0.73-0.74-0.74-0.530.83-0.20.540.85-0.47-0.42-0.77-0.75-0.09-0.72-0.7-0.67-0.17
Click cells to compare fundamentals

Alterity Therapeutics Account Relationship Matchups

Alterity Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.3M33.6M41.4M27.3M19.2M21.8M
Total Stockholder Equity10.5M30.5M35.5M22.8M13.8M19.2M
Net Debt(9.2M)(28.0M)(34.7M)(15.6M)(12.5M)(13.1M)
Cash9.2M28.1M34.8M15.8M12.6M15.7M
Cash And Short Term Investments9.2M28.1M34.8M15.8M12.6M15.7M
Common Stock Shares Outstanding1.5M2.8M4.0M4.0M6.1M6.4M
Liabilities And Stockholders Equity13.3M33.6M41.4M27.3M19.2M21.8M
Other Stockholder Equity(4.3M)(20.8M)(22.0M)4.0M4.8M8.7M
Total Current Assets13.2M33.5M41.1M27.0M19.0M18.7M
Common Stock160.7M197.4M213.8M214.0M223.2M114.0M
Other Current Liab1.2M1.6M3.1M2.5M4.7M4.9M
Total Current Liabilities2.7M3.1M5.8M4.4M5.4M2.8M
Property Plant And Equipment Net71.4K96.8K218.5K268.9K186.9K105.7K
Retained Earnings(151.0M)(169.7M)(181.9M)(195.1M)(214.2M)(203.5M)
Accounts Payable954.0K1.4M2.6M1.7M581.1K552.1K
Non Current Assets Total71.4K96.8K218.5K268.9K186.9K177.5K
Non Currrent Assets Other(49.3K)(96.8K)(218.5K)(268.9K)(242.0K)(229.9K)
Net Receivables3.5M4.1M4.7M8.6M4.0M2.9M
Inventory567.9K2.01.6M2.6M(22.4K)(21.3K)
Other Current Assets10.3K1.2M1.7M2.6M2.4M2.5M
Total Liab2.8M3.1M5.9M4.5M5.4M2.9M
Common Stock Total Equity143.9M156.6M160.7M197.4M227.1M128.1M
Non Current Liabilities Total42.4K47.7K73.6K122.7K51.9K68.3K
Property Plant And Equipment Gross71.4K96.8K733.1K728.8K619.1K650.0K
Accumulated Other Comprehensive Income866.1K2.8M3.6M4.0M4.8M5.0M
Short Long Term Debt Total33.7K65.6K117.5K210.4K159.0K131.6K
Short Term Debt32.9K27.7K57.6K107.2K107.1K105.8K
Other Assets(0.53)0.03(0.48)1.00.90.86
Other Liab41.5K9.8K13.8K19.5K22.4K15.0K
Net Tangible Assets7.2M30.5M35.5M22.8M26.2M24.6M
Capital Lease Obligations33.7K65.6K117.5K210.4K159.0K167.0K
Property Plant Equipment71.4K96.8K218.5K268.9K309.2K324.7K
Net Invested Capital7.2M30.5M35.5M22.8M13.8M22.8M
Net Working Capital7.1M30.4M35.3M22.7M13.7M22.7M
Capital Stock160.7M197.4M213.8M214.0M223.2M213.7M

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When determining whether Alterity Therapeutics is a strong investment it is important to analyze Alterity Therapeutics' 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 Alterity Therapeutics' future performance. For an informed investment choice regarding Alterity Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alterity Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Biotechnology 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 Alterity Therapeutics. If investors know Alterity 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 Alterity Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.91)
Revenue Per Share
0.6
Quarterly Revenue Growth
0.384
Return On Assets
(0.53)
Return On Equity
(1.04)
The market value of Alterity Therapeutics is measured differently than its book value, which is the value of Alterity that is recorded on the company's balance sheet. Investors also form their own opinion of Alterity Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Alterity Therapeutics' 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 Alterity Therapeutics' market value can be influenced by many factors that don't directly affect Alterity Therapeutics' 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 Alterity Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alterity Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alterity Therapeutics' 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.