Alamos Common Stock Shares Outstanding vs Total Current Assets Analysis

AGI Stock  USD 19.38  0.36  1.82%   
Alamos Gold financial indicator trend analysis is way more than just evaluating Alamos Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alamos Gold is a good investment. Please check the relationship between Alamos Gold Common Stock Shares Outstanding and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.

Common Stock Shares Outstanding vs Total Current Assets

Common Stock Shares Outstanding vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alamos Gold Common Stock Shares Outstanding account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alamos Gold's Common Stock Shares Outstanding and Total Current Assets is 0.62. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Alamos Gold, assuming nothing else is changed. The correlation between historical values of Alamos Gold's Common Stock Shares Outstanding and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Alamos Gold are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Alamos Gold's Common Stock Shares Outstanding and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Alamos Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alamos Gold 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 Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.As of now, Alamos Gold's Enterprise Value Over EBITDA is increasing as compared to previous years. The Alamos Gold's current Enterprise Value Multiple is estimated to increase to 10.42, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue823.6M821.2M1.0B1.1B
Depreciation And Amortization171.7M168.7M200.6M210.6M

Alamos Gold fundamental ratios Correlations

-0.65-0.87-0.181.00.930.980.850.650.60.921.01.00.74-0.20.850.940.960.94-0.590.970.940.97-0.2-0.570.06
-0.650.35-0.01-0.65-0.66-0.7-0.62-0.48-0.52-0.62-0.7-0.66-0.23-0.02-0.32-0.74-0.5-0.470.73-0.66-0.73-0.630.190.720.05
-0.870.350.29-0.89-0.72-0.82-0.54-0.38-0.27-0.7-0.86-0.88-0.920.32-0.84-0.73-0.87-0.890.46-0.78-0.7-0.790.180.430.13
-0.18-0.010.29-0.250.03-0.17-0.180.53-0.24-0.22-0.16-0.26-0.470.980.02-0.16-0.23-0.290.67-0.32-0.01-0.250.890.670.37
1.0-0.65-0.89-0.250.910.970.830.590.580.910.991.00.77-0.260.830.940.960.94-0.640.970.920.97-0.26-0.610.02
0.93-0.66-0.720.030.910.940.860.790.610.880.940.910.480.060.780.870.870.9-0.440.890.990.90.03-0.430.4
0.98-0.7-0.82-0.170.970.940.850.620.60.890.980.980.65-0.170.770.950.910.92-0.620.950.950.95-0.22-0.60.13
0.85-0.62-0.54-0.180.830.860.850.680.80.930.830.840.4-0.170.660.870.850.77-0.550.920.880.92-0.26-0.540.27
0.65-0.48-0.380.530.590.790.620.680.490.680.640.590.160.530.70.640.650.510.050.590.760.640.460.060.44
0.6-0.52-0.27-0.240.580.610.60.80.490.780.570.60.16-0.190.380.670.640.48-0.510.720.640.7-0.34-0.520.24
0.92-0.62-0.7-0.220.910.880.890.930.680.780.90.920.61-0.240.810.90.950.82-0.570.970.890.98-0.28-0.550.11
1.0-0.7-0.86-0.160.990.940.980.830.640.570.90.990.71-0.170.820.950.930.93-0.620.950.950.95-0.19-0.60.07
1.0-0.66-0.88-0.261.00.910.980.840.590.60.920.990.76-0.270.830.940.960.94-0.650.970.920.97-0.27-0.630.02
0.74-0.23-0.92-0.470.770.480.650.40.160.160.610.710.76-0.550.750.610.770.73-0.490.690.480.69-0.39-0.46-0.44
-0.2-0.020.320.98-0.260.06-0.17-0.170.53-0.19-0.24-0.17-0.27-0.55-0.05-0.16-0.25-0.270.65-0.330.02-0.270.90.650.5
0.85-0.32-0.840.020.830.780.770.660.70.380.810.820.830.75-0.050.720.90.79-0.190.780.740.840.03-0.160.04
0.94-0.74-0.73-0.160.940.870.950.870.640.670.90.950.940.61-0.160.720.90.84-0.640.940.910.94-0.3-0.620.03
0.96-0.5-0.87-0.230.960.870.910.850.650.640.950.930.960.77-0.250.90.90.89-0.50.960.860.97-0.23-0.470.03
0.94-0.47-0.89-0.290.940.90.920.770.510.480.820.930.940.73-0.270.790.840.89-0.540.890.890.89-0.22-0.520.22
-0.590.730.460.67-0.64-0.44-0.62-0.550.05-0.51-0.57-0.62-0.65-0.490.65-0.19-0.64-0.5-0.54-0.68-0.53-0.610.741.00.31
0.97-0.66-0.78-0.320.970.890.950.920.590.720.970.950.970.69-0.330.780.940.960.89-0.680.910.99-0.36-0.670.05
0.94-0.73-0.7-0.010.920.990.950.880.760.640.890.950.920.480.020.740.910.860.89-0.530.910.91-0.05-0.520.33
0.97-0.63-0.79-0.250.970.90.950.920.640.70.980.950.970.69-0.270.840.940.970.89-0.610.990.91-0.31-0.590.06
-0.20.190.180.89-0.260.03-0.22-0.260.46-0.34-0.28-0.19-0.27-0.390.90.03-0.3-0.23-0.220.74-0.36-0.05-0.310.740.45
-0.570.720.430.67-0.61-0.43-0.6-0.540.06-0.52-0.55-0.6-0.63-0.460.65-0.16-0.62-0.47-0.521.0-0.67-0.52-0.590.740.28
0.060.050.130.370.020.40.130.270.440.240.110.070.02-0.440.50.040.030.030.220.310.050.330.060.450.28
Click cells to compare fundamentals

Alamos Gold Account Relationship Matchups

Alamos Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.6B3.6B3.7B4.0B4.2B
Net Debt(182M)(220M)(172.1M)(129.4M)(222.7M)(211.5M)
Retained Earnings(1.1B)(958.1M)(1.0B)(1.0B)(872.3M)(828.7M)
Cash182.8M220.5M172.5M129.8M223.6M148.1M
Non Current Assets Total3.0B3.2B3.2B3.2B3.4B3.6B
Common Stock Total Equity3.7B3.7B3.7B3.7B4.3B4.5B
Common Stock Shares Outstanding393.4M394.9M392.6M394.5M398.1M418.0M
Liabilities And Stockholders Equity3.4B3.6B3.6B3.7B4.0B4.2B
Property Plant And Equipment Gross2.9B3.1B4.9B5.1B5.5B5.7B
Total Current Assets394.3M473.4M459.4M441M583.0M612.2M
Other Current Liab8.2M28.7M19.4M33.9M36.5M38.3M
Total Current Liabilities127.3M146.9M157.4M181.9M246.6M259.0M
Total Stockholder Equity2.7B2.9B2.7B2.7B2.9B3.1B
Property Plant And Equipment Net2.9B3.1B3.1B3.2B3.3B3.5B
Non Currrent Assets Other68.8M61.8M53.6M59.4M45.9M48.2M
Cash And Short Term Investments205.6M264.2M196.4M148.4M236.6M172.6M
Net Receivables42M34.7M39.8M37.2M53.1M55.8M
Other Current Assets19.8M26M24.2M21.2M23.5M24.7M
Total Liab701.2M785M885.9M953.1M1.1B1.1B
Common Stock3.7B3.7B3.7B3.7B3.7B3.9B
Short Long Term Debt Total2.6M800K500K400K994.9K945.1K
Other Liab573.9M635.7M726.7M770M885.5M929.8M
Net Tangible Assets2.7B2.9B2.7B2.7B3.1B3.3B
Accounts Payable118.3M117.7M137.6M147.6M169.6M178.1M
Other Assets68.8M61.8M53.6M59.4M68.3M56.3M
Short Term Investments22.8M43.7M23.9M18.6M12.9M19.5M
Inventory126.9M148.5M199M234.2M269.8M283.3M
Other Stockholder Equity91.2M90.7M88.5M89.5M88.1M119.7M
Accumulated Other Comprehensive Income(200K)18.2M1.9M(24.8M)(26.8M)(25.4M)
Short Term Debt2.6M800K500K400K398.0K378.1K
Property Plant Equipment2.9B3.1B3.1B3.2B3.6B3.8B
Capital Surpluse89.5M87.3M90.7M88.5M102.9M92.0M

Currently Active Assets on Macroaxis

When determining whether Alamos Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alamos Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alamos Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alamos Gold Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Metals & Mining 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 Alamos Gold. If investors know Alamos 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 Alamos Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.011
Dividend Share
0.1
Earnings Share
0.6
Revenue Per Share
3.047
Quarterly Revenue Growth
0.409
The market value of Alamos Gold is measured differently than its book value, which is the value of Alamos that is recorded on the company's balance sheet. Investors also form their own opinion of Alamos Gold's value that differs from its market value or its book value, called intrinsic value, which is Alamos Gold's 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 Alamos Gold's market value can be influenced by many factors that don't directly affect Alamos Gold's 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 Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold's 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.