Alpha Cash Ratio vs Free Cash Flow Per Share Analysis

DRTS Stock

USD 2.86 0.33 13.04%

Alpha Tau financial indicator trend analysis is way more than just evaluating Alpha Tau Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Tau Medical is a good investment. Please check the relationship between Alpha Tau Cash Ratio and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alpha Tau Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Cash Ratio vs Free Cash Flow Per Share

Cash Ratio vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Tau Medical Cash Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Alpha Tau's Cash Ratio and Free Cash Flow Per Share is -0.57. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Alpha Tau Medical, assuming nothing else is changed. The correlation between historical values of Alpha Tau's Cash Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Ratio of Alpha Tau Medical are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Cash Ratio i.e., Alpha Tau's Cash Ratio and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cash Ratio

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from Alpha Tau's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Tau Medical 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alpha Tau Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Tax Provision is likely to drop to about 15.2 K in 2024. Selling General Administrative is likely to drop to about 4.8 M in 2024

	2021	2022	2023	2024 (projected)
Net Interest Income	195K	1.8M	4.7M	5.0M
Tax Provision	7K	20K	16K	15.2K

Net Interest Income Tax Provision

Alpha Tau fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Property Plant Equipment
Total Assets		0.69	0.85	0.91	0.88	0.93	0.01	-0.9	0.82	0.48	0.91	0.29	0.99	-0.12	-0.09	0.93	-0.39	-0.14	0.83	0.93	-0.29	0.9	0.84	0.99	0.99	0.96
Other Current Liab	0.69		0.95	0.46	0.54	0.87	0.37	-0.84	0.84	0.9	0.9	0.8	0.61	-0.32	-0.45	0.39	0.21	-0.26	0.83	0.66	0.31	0.48	0.82	0.61	0.58	0.85
Total Current Liabilities	0.85	0.95		0.69	0.74	0.98	0.16	-0.94	0.95	0.76	0.99	0.61	0.79	-0.29	-0.24	0.63	-0.09	-0.15	0.9	0.83	0.03	0.7	0.9	0.8	0.77	0.96
Total Stockholder Equity	0.91	0.46	0.69		0.98	0.79	-0.35	-0.85	0.74	0.19	0.76	0.03	0.91	-0.14	0.25	0.94	-0.65	0.14	0.78	0.97	-0.58	1.0	0.82	0.92	0.92	0.77
Net Tangible Assets	0.88	0.54	0.74	0.98		0.83	-0.32	-0.9	0.81	0.28	0.8	0.09	0.87	-0.29	0.22	0.87	-0.59	0.13	0.85	0.98	-0.52	0.99	0.89	0.88	0.88	0.78
Property Plant And Equipment Net	0.93	0.87	0.98	0.79	0.83		0.09	-0.95	0.96	0.66	1.0	0.44	0.88	-0.32	-0.15	0.76	-0.23	-0.16	0.91	0.89	-0.12	0.8	0.91	0.89	0.86	0.98
Net Debt	0.01	0.37	0.16	-0.35	-0.32	0.09		0.0	-0.04	0.71	0.13	0.55	-0.01	-0.23	-0.98	-0.25	0.87	-0.9	0.14	-0.19	0.89	-0.34	0.02	-0.02	-0.03	0.17
Retained Earnings	-0.9	-0.84	-0.94	-0.85	-0.9	-0.95	0.0		-0.9	-0.64	-0.95	-0.49	-0.86	0.33	0.12	-0.74	0.24	0.06	-0.96	-0.96	0.14	-0.86	-0.98	-0.86	-0.84	-0.91
Accounts Payable	0.82	0.84	0.95	0.74	0.81	0.96	-0.04	-0.9		0.59	0.96	0.36	0.76	-0.42	0.0	0.66	-0.29	-0.03	0.88	0.84	-0.19	0.75	0.89	0.77	0.74	0.89
Cash	0.48	0.9	0.76	0.19	0.28	0.66	0.71	-0.64	0.59		0.71	0.84	0.41	-0.43	-0.78	0.14	0.57	-0.61	0.72	0.42	0.66	0.21	0.66	0.41	0.38	0.67
Non Current Assets Total	0.91	0.9	0.99	0.76	0.8	1.0	0.13	-0.95	0.96	0.71		0.51	0.86	-0.3	-0.2	0.73	-0.17	-0.17	0.91	0.87	-0.06	0.77	0.91	0.87	0.84	0.98
Non Currrent Assets Other	0.29	0.8	0.61	0.03	0.09	0.44	0.55	-0.49	0.36	0.84	0.51		0.22	0.02	-0.67	-0.02	0.58	-0.24	0.46	0.26	0.65	0.04	0.45	0.22	0.19	0.49
Cash And Short Term Investments	0.99	0.61	0.79	0.91	0.87	0.88	-0.01	-0.86	0.76	0.41	0.86	0.22		-0.06	-0.07	0.96	-0.43	-0.14	0.78	0.91	-0.34	0.91	0.79	1.0	1.0	0.92
Net Receivables	-0.12	-0.32	-0.29	-0.14	-0.29	-0.32	-0.23	0.33	-0.42	-0.43	-0.3	0.02	-0.06		0.19	0.06	-0.17	0.44	-0.54	-0.25	-0.2	-0.17	-0.48	-0.07	-0.05	-0.17
Common Stock Shares Outstanding	-0.09	-0.45	-0.24	0.25	0.22	-0.15	-0.98	0.12	0.0	-0.78	-0.2	-0.67	-0.07	0.19		0.18	-0.86	0.85	-0.24	0.07	-0.89	0.24	-0.13	-0.06	-0.04	-0.24
Short Term Investments	0.93	0.39	0.63	0.94	0.87	0.76	-0.25	-0.74	0.66	0.14	0.73	-0.02	0.96	0.06	0.18		-0.65	0.05	0.63	0.87	-0.58	0.93	0.66	0.96	0.97	0.8
Non Current Liabilities Total	-0.39	0.21	-0.09	-0.65	-0.59	-0.23	0.87	0.24	-0.29	0.57	-0.17	0.58	-0.43	-0.17	-0.86	-0.65		-0.65	-0.1	-0.47	0.99	-0.64	-0.2	-0.43	-0.45	-0.19
Inventory	-0.14	-0.26	-0.15	0.14	0.13	-0.16	-0.9	0.06	-0.03	-0.61	-0.17	-0.24	-0.14	0.44	0.85	0.05	-0.65		-0.24	0.05	-0.67	0.14	-0.11	-0.13	-0.13	-0.22
Other Current Assets	0.83	0.83	0.9	0.78	0.85	0.91	0.14	-0.96	0.88	0.72	0.91	0.46	0.78	-0.54	-0.24	0.63	-0.1	-0.24		0.9	-0.01	0.79	0.99	0.79	0.77	0.85
Other Stockholder Equity	0.93	0.66	0.83	0.97	0.98	0.89	-0.19	-0.96	0.84	0.42	0.87	0.26	0.91	-0.25	0.07	0.87	-0.47	0.05	0.9		-0.38	0.97	0.94	0.92	0.91	0.86
Total Liab	-0.29	0.31	0.03	-0.58	-0.52	-0.12	0.89	0.14	-0.19	0.66	-0.06	0.65	-0.34	-0.2	-0.89	-0.58	0.99	-0.67	-0.01	-0.38		-0.57	-0.1	-0.34	-0.37	-0.08
Net Invested Capital	0.9	0.48	0.7	1.0	0.99	0.8	-0.34	-0.86	0.75	0.21	0.77	0.04	0.91	-0.17	0.24	0.93	-0.64	0.14	0.79	0.97	-0.57		0.83	0.91	0.91	0.77
Property Plant And Equipment Gross	0.84	0.82	0.9	0.82	0.89	0.91	0.02	-0.98	0.89	0.66	0.91	0.45	0.79	-0.48	-0.13	0.66	-0.2	-0.11	0.99	0.94	-0.1	0.83		0.8	0.78	0.85
Total Current Assets	0.99	0.61	0.8	0.92	0.88	0.89	-0.02	-0.86	0.77	0.41	0.87	0.22	1.0	-0.07	-0.06	0.96	-0.43	-0.13	0.79	0.92	-0.34	0.91	0.8		1.0	0.92
Net Working Capital	0.99	0.58	0.77	0.92	0.88	0.86	-0.03	-0.84	0.74	0.38	0.84	0.19	1.0	-0.05	-0.04	0.97	-0.45	-0.13	0.77	0.91	-0.37	0.91	0.78	1.0		0.91
Property Plant Equipment	0.96	0.85	0.96	0.77	0.78	0.98	0.17	-0.91	0.89	0.67	0.98	0.49	0.92	-0.17	-0.24	0.8	-0.19	-0.22	0.85	0.86	-0.08	0.77	0.85	0.92	0.91

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Alpha Cash Ratio vs Free Cash Flow Per Share Analysis

Cash Ratio vs Free Cash Flow Per Share

Cash Ratio vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Cash Ratio

Free Cash Flow Per Share

Alpha Tau fundamental ratios Correlations

Alpha Tau Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Working Capital	+ 1.0	Cash And Short Term Investments
Net Working Capital	+ 1.0	Total Current Assets
Cash And Short Term Investments	+ 0.99	Total Assets

Property Plant And Equipment Gross	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Net Debt
Other Stockholder Equity	- 0.96	Retained Earnings
Other Current Assets	- 0.96	Retained Earnings
Non Current Assets Total	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Property Plant And Equipment Net