Allcargo Depreciation And Amortization vs Total Operating Expenses Analysis

ATL Stock   39.49  0.14  0.36%   
Allcargo Terminals financial indicator trend analysis is way more than just evaluating Allcargo Terminals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allcargo Terminals is a good investment. Please check the relationship between Allcargo Terminals Depreciation And Amortization and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allcargo Terminals. 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.

Depreciation And Amortization vs Total Operating Expenses

Depreciation And Amortization vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allcargo Terminals Depreciation And Amortization account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Allcargo Terminals' Depreciation And Amortization and Total Operating Expenses is 0.96. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Allcargo Terminals, assuming nothing else is changed. The correlation between historical values of Allcargo Terminals' Depreciation And Amortization and Total 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 Depreciation And Amortization of Allcargo Terminals are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Allcargo Terminals' Depreciation And Amortization and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Allcargo Terminals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allcargo Terminals 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 Allcargo Terminals. 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.
The current year's Selling General Administrative is expected to grow to about 132.9 M
 2010 2022 2023 2024 (projected)
Gross Profit128.8M1.5B1.2B1.0B
Total Revenue1.3B7.1B7.3B5.7B

Allcargo Terminals fundamental ratios Correlations

1.00.80.940.991.00.970.960.920.940.941.00.920.970.730.970.980.8-0.750.93-0.750.970.20.960.94-0.94
1.00.810.940.991.00.970.970.920.940.941.00.930.970.720.960.970.8-0.750.92-0.750.970.20.960.94-0.94
0.80.810.850.710.810.710.860.720.850.850.820.960.720.480.70.720.57-0.480.65-0.480.720.130.720.72-0.67
0.940.940.850.90.940.870.880.791.01.00.940.890.960.740.950.960.63-0.50.92-0.50.96-0.020.940.92-0.81
0.990.990.710.90.990.990.940.940.910.910.980.860.980.690.960.980.85-0.790.91-0.790.970.270.970.96-0.97
1.01.00.810.940.990.970.960.920.940.941.00.930.970.730.960.970.8-0.740.93-0.740.970.190.960.94-0.94
0.970.970.710.870.990.970.960.980.870.870.970.860.950.60.920.950.91-0.850.85-0.850.950.390.960.96-0.99
0.960.970.860.880.940.960.960.970.880.880.970.960.90.560.860.90.88-0.820.8-0.820.890.390.920.91-0.95
0.920.920.720.790.940.920.980.970.80.790.930.870.870.440.810.870.97-0.910.72-0.910.860.560.920.92-0.99
0.940.940.851.00.910.940.870.880.81.00.940.890.960.720.950.960.64-0.510.91-0.510.960.010.940.93-0.82
0.940.940.851.00.910.940.870.880.791.00.940.890.960.720.950.960.64-0.50.91-0.50.960.00.940.93-0.82
1.01.00.820.940.981.00.970.970.930.940.940.940.970.710.950.970.82-0.760.91-0.760.960.230.950.94-0.94
0.920.930.960.890.860.930.860.960.870.890.890.940.840.590.820.840.73-0.680.78-0.680.840.230.830.82-0.83
0.970.970.720.960.980.970.950.90.870.960.960.970.840.740.991.00.75-0.640.94-0.641.00.110.980.97-0.91
0.730.720.480.740.690.730.60.560.440.720.720.710.590.740.840.740.24-0.290.92-0.290.74-0.460.60.55-0.5
0.970.960.70.950.960.960.920.860.810.950.950.950.820.990.840.990.67-0.60.98-0.60.99-0.010.940.92-0.86
0.980.970.720.960.980.970.950.90.870.960.960.970.841.00.740.990.75-0.650.95-0.651.00.110.980.97-0.91
0.80.80.570.630.850.80.910.880.970.640.640.820.730.750.240.670.75-0.950.56-0.950.740.730.830.85-0.95
-0.75-0.75-0.48-0.5-0.79-0.74-0.85-0.82-0.91-0.51-0.5-0.76-0.68-0.64-0.29-0.6-0.65-0.95-0.521.0-0.64-0.72-0.7-0.710.89
0.930.920.650.920.910.930.850.80.720.910.910.910.780.940.920.980.950.56-0.52-0.520.95-0.160.870.84-0.78
-0.75-0.75-0.48-0.5-0.79-0.74-0.85-0.82-0.91-0.51-0.5-0.76-0.68-0.64-0.29-0.6-0.65-0.951.0-0.52-0.64-0.72-0.7-0.710.89
0.970.970.720.960.970.970.950.890.860.960.960.960.841.00.740.991.00.74-0.640.95-0.640.10.980.97-0.91
0.20.20.13-0.020.270.190.390.390.560.010.00.230.230.11-0.46-0.010.110.73-0.72-0.16-0.720.10.260.31-0.5
0.960.960.720.940.970.960.960.920.920.940.940.950.830.980.60.940.980.83-0.70.87-0.70.980.261.0-0.94
0.940.940.720.920.960.940.960.910.920.930.930.940.820.970.550.920.970.85-0.710.84-0.710.970.311.0-0.95
-0.94-0.94-0.67-0.81-0.97-0.94-0.99-0.95-0.99-0.82-0.82-0.94-0.83-0.91-0.5-0.86-0.91-0.950.89-0.780.89-0.91-0.5-0.94-0.95
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Allcargo Terminals Account Relationship Matchups

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Other Information on Investing in Allcargo Stock

Balance Sheet is a snapshot of the financial position of Allcargo Terminals at a specified time, usually calculated after every quarter, six months, or one year. Allcargo Terminals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Allcargo Terminals 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 Allcargo currently owns. An asset can also be divided into two categories, current and non-current.