Alpha Net Invested Capital vs Short Long Term Debt Total Analysis

DRTSW Stock  USD 0.19  0.02  11.76%   
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 Net Invested Capital and its Short Long Term Debt Total 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 state.

Net Invested Capital vs Short Long Term Debt Total

Net Invested Capital vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Tau Medical Net Invested Capital account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Alpha Tau's Net Invested Capital and Short Long Term Debt Total is -0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Long Term Debt Total 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 Net Invested Capital and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Alpha Tau Medical are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Invested Capital i.e., Alpha Tau's Net Invested Capital and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Long Term Debt Total

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 state.
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 Income195K1.8M4.7M5.0M
Tax Provision7K20K16K15.2K

Alpha Tau fundamental ratios Correlations

0.690.850.910.930.01-0.90.820.480.910.290.99-0.12-0.090.93-0.39-0.140.830.93-0.290.90.840.990.99-0.98-0.51
0.690.950.460.870.37-0.840.840.90.90.80.61-0.32-0.450.390.21-0.260.830.660.310.480.820.610.58-0.62-0.55
0.850.950.690.980.16-0.940.950.760.990.610.79-0.29-0.240.63-0.09-0.150.90.830.030.70.90.80.77-0.82-0.6
0.910.460.690.79-0.35-0.850.740.190.760.030.91-0.140.250.94-0.650.140.780.97-0.581.00.820.920.92-0.96-0.66
0.930.870.980.790.09-0.950.960.661.00.440.88-0.32-0.150.76-0.23-0.160.910.89-0.120.80.910.890.86-0.89-0.6
0.010.370.16-0.350.090.0-0.040.710.130.55-0.01-0.23-0.98-0.250.87-0.90.14-0.190.89-0.340.02-0.02-0.030.190.16
-0.9-0.84-0.94-0.85-0.950.0-0.9-0.64-0.95-0.49-0.860.330.12-0.740.240.06-0.96-0.960.14-0.86-0.98-0.86-0.840.90.79
0.820.840.950.740.96-0.04-0.90.590.960.360.76-0.420.00.66-0.29-0.030.880.84-0.190.750.890.770.74-0.82-0.65
0.480.90.760.190.660.71-0.640.590.710.840.41-0.43-0.780.140.57-0.610.720.420.660.210.660.410.38-0.35-0.44
0.910.90.990.761.00.13-0.950.960.710.510.86-0.3-0.20.73-0.17-0.170.910.87-0.060.770.910.870.84-0.88-0.6
0.290.80.610.030.440.55-0.490.360.840.510.220.02-0.67-0.020.58-0.240.460.260.650.040.450.220.19-0.22-0.25
0.990.610.790.910.88-0.01-0.860.760.410.860.22-0.06-0.070.96-0.43-0.140.780.91-0.340.910.791.01.0-0.98-0.47
-0.12-0.32-0.29-0.14-0.32-0.230.33-0.42-0.43-0.30.02-0.060.190.06-0.170.44-0.54-0.25-0.2-0.17-0.48-0.07-0.050.060.64
-0.09-0.45-0.240.25-0.15-0.980.120.0-0.78-0.2-0.67-0.070.190.18-0.860.85-0.240.07-0.890.24-0.13-0.06-0.04-0.09-0.04
0.930.390.630.940.76-0.25-0.740.660.140.73-0.020.960.060.18-0.650.050.630.87-0.580.930.660.960.97-0.95-0.38
-0.390.21-0.09-0.65-0.230.870.24-0.290.57-0.170.58-0.43-0.17-0.86-0.65-0.65-0.1-0.470.99-0.64-0.2-0.43-0.450.530.19
-0.14-0.26-0.150.14-0.16-0.90.06-0.03-0.61-0.17-0.24-0.140.440.850.05-0.65-0.240.05-0.670.14-0.11-0.13-0.13-0.05-0.04
0.830.830.90.780.910.14-0.960.880.720.910.460.78-0.54-0.240.63-0.1-0.240.9-0.010.790.990.790.77-0.8-0.85
0.930.660.830.970.89-0.19-0.960.840.420.870.260.91-0.250.070.87-0.470.050.9-0.380.970.940.920.91-0.96-0.77
-0.290.310.03-0.58-0.120.890.14-0.190.66-0.060.65-0.34-0.2-0.89-0.580.99-0.67-0.01-0.38-0.57-0.1-0.34-0.370.440.14
0.90.480.71.00.8-0.34-0.860.750.210.770.040.91-0.170.240.93-0.640.140.790.97-0.570.830.910.91-0.96-0.69
0.840.820.90.820.910.02-0.980.890.660.910.450.79-0.48-0.130.66-0.2-0.110.990.94-0.10.830.80.78-0.84-0.87
0.990.610.80.920.89-0.02-0.860.770.410.870.221.0-0.07-0.060.96-0.43-0.130.790.92-0.340.910.81.0-0.98-0.48
0.990.580.770.920.86-0.03-0.840.740.380.840.191.0-0.05-0.040.97-0.45-0.130.770.91-0.370.910.781.0-0.97-0.46
-0.98-0.62-0.82-0.96-0.890.190.9-0.82-0.35-0.88-0.22-0.980.06-0.09-0.950.53-0.05-0.8-0.960.44-0.96-0.84-0.98-0.970.57
-0.51-0.55-0.6-0.66-0.60.160.79-0.65-0.44-0.6-0.25-0.470.64-0.04-0.380.19-0.04-0.85-0.770.14-0.69-0.87-0.48-0.460.57
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Alpha Tau Account Relationship Matchups

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