Alliance Short Term Investments vs Net Receivables Analysis

ARLP Stock

USD 24.91 0.27 1.10%

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 Short Term Investments 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.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Resource Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Alliance Resource's Short Term Investments and Net Receivables is 0.55. Overlapping area represents the amount of variation of Short Term Investments 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 Short Term Investments 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 Short Term Investments 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 Short Term Investments i.e., Alliance Resource's Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Alliance Resource balance sheet. It contains any investments Alliance Resource Partners undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Alliance Resource can easily liquidate in the marketplace.

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 06/04/2024, 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

Interest Expense Depreciation And Amortization

Alliance Resource fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Current Deferred Revenue
Total Assets		0.63	0.6	0.45	0.65	0.85	-0.39	0.12	0.34	0.64	-0.12	0.76	0.39	0.33	0.64	0.56	-0.18	-0.28	0.27	0.03	0.42	0.5	0.16	0.19	0.69	-0.29
Short Long Term Debt Total	0.63		0.68	0.18	0.93	0.55	-0.64	0.33	-0.15	0.6	0.17	0.94	0.51	0.46	0.71	0.48	-0.01	-0.1	0.06	-0.38	0.14	0.22	-0.18	0.09	0.23	-0.49
Total Current Liabilities	0.6	0.68		0.43	0.62	0.64	-0.72	0.02	-0.01	0.26	0.03	0.74	0.87	0.88	0.6	0.52	0.01	-0.07	0.27	-0.28	0.4	0.58	0.04	0.31	0.43	-0.78
Total Stockholder Equity	0.45	0.18	0.43		0.13	0.64	0.01	-0.75	0.52	0.31	-0.63	0.4	0.08	0.25	0.46	0.52	0.1	0.03	0.9	0.64	0.84	0.89	0.87	0.53	0.67	0.06
Net Debt	0.65	0.93	0.62	0.13		0.5	-0.68	0.43	-0.27	0.43	0.28	0.83	0.56	0.48	0.62	0.31	-0.39	-0.46	-0.03	-0.4	0.19	0.18	-0.26	-0.21	0.14	-0.56
Non Current Assets Total	0.85	0.55	0.64	0.64	0.5		-0.28	-0.18	0.55	0.7	-0.37	0.78	0.33	0.33	0.86	0.62	0.01	-0.09	0.42	0.26	0.5	0.57	0.39	0.47	0.9	-0.17
Non Currrent Assets Other	-0.39	-0.64	-0.72	0.01	-0.68	-0.28		-0.41	0.41	-0.05	-0.45	-0.55	-0.74	-0.83	-0.29	-0.32	0.24	0.29	0.07	0.74	0.08	-0.09	0.42	0.11	0.04	0.88
Other Assets	0.12	0.33	0.02	-0.75	0.43	-0.18	-0.41		-0.4	0.02	0.7	0.12	0.31	0.1	0.02	-0.33	-0.34	-0.34	-0.84	-0.73	-0.61	-0.6	-0.84	-0.62	-0.39	-0.41
Common Stock Shares Outstanding	0.34	-0.15	-0.01	0.52	-0.27	0.55	0.41	-0.4		0.51	-0.78	0.13	-0.26	-0.28	0.4	0.23	0.34	0.3	0.38	0.72	0.34	0.34	0.58	0.51	0.77	0.46
Non Current Liabilities Total	0.64	0.6	0.26	0.31	0.43	0.7	-0.05	0.02	0.51		-0.35	0.74	-0.08	-0.15	0.74	0.54	0.32	0.24	0.25	0.18	0.1	0.21	0.17	0.41	0.65	0.19
Other Stockholder Equity	-0.12	0.17	0.03	-0.63	0.28	-0.37	-0.45	0.7	-0.78	-0.35		-0.05	0.28	0.26	-0.2	-0.2	-0.34	-0.33	-0.61	-0.76	-0.53	-0.37	-0.61	-0.54	-0.57	-0.46
Total Liab	0.76	0.94	0.74	0.4	0.83	0.78	-0.55	0.12	0.13	0.74	-0.05		0.46	0.43	0.85	0.65	0.1	0.0	0.25	-0.16	0.28	0.41	0.05	0.33	0.54	-0.38
Short Term Debt	0.39	0.51	0.87	0.08	0.56	0.33	-0.74	0.31	-0.26	-0.08	0.28	0.46		0.91	0.34	0.1	-0.23	-0.27	-0.12	-0.49	0.23	0.28	-0.28	-0.07	0.1	-0.93
Other Current Liab	0.33	0.46	0.88	0.25	0.48	0.33	-0.83	0.1	-0.28	-0.15	0.26	0.43	0.91		0.28	0.28	-0.15	-0.19	0.13	-0.47	0.27	0.39	-0.11	0.09	0.09	-0.94
Property Plant And Equipment Net	0.64	0.71	0.6	0.46	0.62	0.86	-0.29	0.02	0.4	0.74	-0.2	0.85	0.34	0.28		0.43	0.09	-0.01	0.19	0.15	0.29	0.38	0.25	0.32	0.71	-0.17
Accounts Payable	0.56	0.48	0.52	0.52	0.31	0.62	-0.32	-0.33	0.23	0.54	-0.2	0.65	0.1	0.28	0.43		0.35	0.28	0.62	-0.01	0.33	0.57	0.32	0.72	0.57	-0.12
Cash	-0.18	-0.01	0.01	0.1	-0.39	0.01	0.24	-0.34	0.34	0.32	-0.34	0.1	-0.23	-0.15	0.09	0.35		0.99	0.21	0.14	-0.16	0.04	0.24	0.79	0.18	0.29
Cash And Short Term Investments	-0.28	-0.1	-0.07	0.03	-0.46	-0.09	0.29	-0.34	0.3	0.24	-0.33	0.0	-0.27	-0.19	-0.01	0.28	0.99		0.17	0.14	-0.19	-0.02	0.2	0.75	0.09	0.32
Net Receivables	0.27	0.06	0.27	0.9	-0.03	0.42	0.07	-0.84	0.38	0.25	-0.61	0.25	-0.12	0.13	0.19	0.62	0.21	0.17		0.55	0.69	0.81	0.79	0.6	0.49	0.17
Short Term Investments	0.03	-0.38	-0.28	0.64	-0.4	0.26	0.74	-0.73	0.72	0.18	-0.76	-0.16	-0.49	-0.47	0.15	-0.01	0.14	0.14	0.55		0.57	0.45	0.85	0.32	0.51	0.7
Inventory	0.42	0.14	0.4	0.84	0.19	0.5	0.08	-0.61	0.34	0.1	-0.53	0.28	0.23	0.27	0.29	0.33	-0.16	-0.19	0.69	0.57		0.79	0.69	0.28	0.5	-0.06
Other Current Assets	0.5	0.22	0.58	0.89	0.18	0.57	-0.09	-0.6	0.34	0.21	-0.37	0.41	0.28	0.39	0.38	0.57	0.04	-0.02	0.81	0.45	0.79		0.75	0.45	0.61	-0.12
Property Plant And Equipment Gross	0.16	-0.18	0.04	0.87	-0.26	0.39	0.42	-0.84	0.58	0.17	-0.61	0.05	-0.28	-0.11	0.25	0.32	0.24	0.2	0.79	0.85	0.69	0.75		0.53	0.57	0.43
Total Current Assets	0.19	0.09	0.31	0.53	-0.21	0.47	0.11	-0.62	0.51	0.41	-0.54	0.33	-0.07	0.09	0.32	0.72	0.79	0.75	0.6	0.32	0.28	0.45	0.53		0.59	0.16
Other Liab	0.69	0.23	0.43	0.67	0.14	0.9	0.04	-0.39	0.77	0.65	-0.57	0.54	0.1	0.09	0.71	0.57	0.18	0.09	0.49	0.51	0.5	0.61	0.57	0.59		0.11
Current Deferred Revenue	-0.29	-0.49	-0.78	0.06	-0.56	-0.17	0.88	-0.41	0.46	0.19	-0.46	-0.38	-0.93	-0.94	-0.17	-0.12	0.29	0.32	0.17	0.7	-0.06	-0.12	0.43	0.16	0.11

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Alliance Resource Account Relationship Matchups

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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Alliance Short Term Investments vs Net Receivables Analysis

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

Correlation Coefficient

Short Term Investments

Net Receivables

Alliance Resource fundamental ratios Correlations

Alliance Resource Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alliance Resource fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Alliance Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.94	Short Long Term Debt Total
Net Debt	+ 0.93	Short Long Term Debt Total
Other Current Liab	+ 0.91	Short Term Debt
Net Receivables	+ 0.9	Total Stockholder Equity
Other Liab	+ 0.9	Non Current Assets Total

Current Deferred Revenue	- 0.94	Other Current Liab
Current Deferred Revenue	- 0.93	Short Term Debt
Property Plant And Equipment Gross	- 0.84	Other Assets
Net Receivables	- 0.84	Other Assets
Other Current Liab	- 0.83	Non Currrent Assets Other
Other Stockholder Equity	- 0.78	Common Stock Shares Outstanding