Alliance Accumulated Depreciation vs Net Receivables Analysis
ARLP Stock | USD 23.16 0.14 0.61% |
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 Accumulated Depreciation and its Net Receivables 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.
Accumulated Depreciation vs Net Receivables
Accumulated Depreciation vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Resource Accumulated Depreciation account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alliance Resource's Accumulated Depreciation and Net Receivables is -0.46. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Receivables 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 Accumulated Depreciation and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Alliance Resource Partners are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accumulated Depreciation i.e., Alliance Resource's Accumulated Depreciation and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Alliance Resource Partners fixed asset that has been charged to Alliance Resource expense since that asset was acquired and made available for Alliance Resource use. The accumulated depreciation account is Alliance Resource asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Alliance Resource.Net Receivables
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 05/22/2024, 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
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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.