Alliance Accounts Payable vs Total Liab Analysis
ARLP Stock | USD 23.06 0.10 0.43% |
Alliance Resource financial indicator trend analysis is way more than just evaluating Alliance Resource prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliance Resource is a good investment. Please check the relationship between Alliance Resource Accounts Payable and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alliance Resource Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Accounts Payable vs Total Liab
Accounts Payable vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Resource Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alliance Resource's Accounts Payable and Total Liab is 0.65. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Alliance Resource Partners, assuming nothing else is changed. The correlation between historical values of Alliance Resource's Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Alliance Resource Partners are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Alliance Resource's Accounts Payable and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Alliance Resource obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Alliance Resource are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Alliance Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alliance Resource 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 Alliance Resource Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of 05/24/2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Selling General Administrative is likely to drop slightly above 54.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 39.2M | 37.3M | 42.8M | 29.6M | Depreciation And Amortization | 261.4M | 273.8M | 268.0M | 188.2M |
Alliance Resource fundamental ratios Correlations
Click cells to compare fundamentals
Alliance Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alliance Resource fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.2B | 2.2B | 1.0B | 2.8B | 1.5B | |
Short Long Term Debt Total | 809.5M | 609.8M | 450.7M | 434.3M | 350.8M | 512.4M | |
Total Current Liabilities | 195.6M | 214.6M | 177.6M | 255.6M | 227.5M | 199.6M | |
Total Stockholder Equity | 1.3B | 1.1B | 1.2B | 1.6B | 1.8B | 1.9B | |
Net Debt | 773.0M | 554.2M | 328.3M | 138.3M | 291.0M | 425.0M | |
Non Current Assets Total | 2.3B | 1.9B | 1.8B | 1.9B | 2.3B | 1.3B | |
Non Currrent Assets Other | 23.5M | 16.6M | 76.6M | (35.8M) | 89.9M | 94.4M | |
Other Assets | 75.5M | 73.4M | 76.6M | (1.5B) | (1.4B) | (1.3B) | |
Common Stock Shares Outstanding | 130.8M | 128.1M | 127.2M | 127.2M | 127.2M | 99.2M | |
Liabilities And Stockholders Equity | 2.6B | 2.2B | 934.6M | 2.7B | 2.8B | 1.5B | |
Non Current Liabilities Total | 1.1B | 879.1M | 755.8M | 764.4M | 702.4M | 630.4M | |
Other Stockholder Equity | (1.4B) | (1.2B) | 65.2M | (1.7B) | (1.5B) | (1.5B) | |
Total Liab | 1.3B | 1.1B | 933.3M | 1.0B | 929.8M | 877.5M | |
Short Term Debt | 24.8M | 75.8M | 18.7M | 25.0M | 20.3M | 19.3M | |
Other Current Liab | 21.1M | 21.9M | 71.5M | 135.5M | 98.9M | 97.6M | |
Property Plant And Equipment Net | 2.0B | 1.8B | 1.7B | 1.8B | 1.2B | 1.1B | |
Accounts Payable | 80.6M | 47.5M | 69.6M | 95.1M | 108.3M | 70.2M | |
Cash | 36.5M | 55.6M | 122.4M | 296.0M | 59.8M | 90.9M | |
Cash And Short Term Investments | 36.5M | 55.6M | 122.4M | 296.0M | 59.8M | 100.2M | |
Net Receivables | 161.9M | 108.1M | 130.2M | 247.2M | 292.3M | 306.9M | |
Short Term Investments | 626.0M | 624.0M | 653.6M | 744.7M | 856.4M | 899.3M | |
Inventory | 101.3M | 56.4M | 60.3M | 77.3M | 127.6M | 133.9M | |
Other Current Assets | 18.0M | 21.6M | 26.3M | 26.7M | 36.5M | 38.3M | |
Property Plant And Equipment Gross | 2.0B | 1.8B | 3.6B | 3.9B | 4.2B | 4.4B | |
Total Current Assets | 319.6M | 245.8M | 339.2M | 654.8M | 516.1M | 309.4M | |
Accumulated Other Comprehensive Income | 1.3B | 1.1B | (64.2M) | 1.7B | (61.5M) | (58.4M) | |
Other Liab | 341.0M | 345.2M | 323.8M | 355.1M | 408.4M | 224.4M | |
Current Deferred Revenue | (138.7M) | 69.2M | 69.4M | 71.9M | 64.7M | 67.9M | |
Long Term Debt | 768.2M | 519.4M | 418.9M | 397.2M | 316.8M | 468.0M | |
Common Stock | 1.3B | 1.1B | 1.3B | 1.7B | 1.9B | 2.0B | |
Property Plant Equipment | 2.0B | 1.8B | 1.7B | 1.8B | 2.1B | 1.2B | |
Intangible Assets | 16.1M | 9.3M | 136.4M | 4.4M | 5.0M | 4.8M | |
Net Tangible Assets | 1.1B | 1.1B | 1.2B | 1.6B | 1.9B | 1.1B | |
Long Term Debt Total | 768.2M | 519.4M | 418.9M | 397.2M | 357.5M | 488.3M | |
Capital Lease Obligations | 28.2M | 17.2M | 15.6M | 12.1M | 13.7M | 13.0M | |
Non Current Liabilities Other | 357.5M | 359.7M | 22.3M | 124.9M | 18.4M | 17.5M | |
Long Term Investments | 28.5M | 27.3M | 26.3M | 91.4M | 139.0M | 87.0M |
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Is Alliance Resource's industry 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 Alliance Resource. If investors know Alliance 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 Alliance Resource 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 (0.17) | Dividend Share 2.8 | Earnings Share 4.57 | Revenue Per Share 20.078 | Quarterly Revenue Growth (0.02) |
The market value of Alliance Resource is measured differently than its book value, which is the value of Alliance that is recorded on the company's balance sheet. Investors also form their own opinion of Alliance Resource's value that differs from its market value or its book value, called intrinsic value, which is Alliance Resource'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 Alliance Resource's market value can be influenced by many factors that don't directly affect Alliance Resource'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 Alliance Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alliance Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alliance Resource'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.