Alliance Total Stockholder Equity vs Accumulated Depreciation 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 Total Stockholder Equity and its Accumulated Depreciation 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.

Total Stockholder Equity vs Accumulated Depreciation

Total Stockholder Equity vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Resource Total Stockholder Equity account and Accumulated Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Alliance Resource's Total Stockholder Equity and Accumulated Depreciation is -0.71. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accumulated Depreciation 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 Total Stockholder Equity and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Alliance Resource Partners are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Total Stockholder Equity i.e., Alliance Resource's Total Stockholder Equity and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
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 Expense39.2M37.3M42.8M29.6M
Depreciation And Amortization261.4M273.8M268.0M188.2M

Alliance Resource fundamental ratios Correlations

0.630.60.450.650.85-0.390.120.340.64-0.120.760.390.330.640.56-0.18-0.280.270.030.420.50.160.190.69-0.29
0.630.680.180.930.55-0.640.33-0.150.60.170.940.510.460.710.48-0.01-0.10.06-0.380.140.22-0.180.090.23-0.49
0.60.680.430.620.64-0.720.02-0.010.260.030.740.870.880.60.520.01-0.070.27-0.280.40.580.040.310.43-0.78
0.450.180.430.130.640.01-0.750.520.31-0.630.40.080.250.460.520.10.030.90.640.840.890.870.530.670.06
0.650.930.620.130.5-0.680.43-0.270.430.280.830.560.480.620.31-0.39-0.46-0.03-0.40.190.18-0.26-0.210.14-0.56
0.850.550.640.640.5-0.28-0.180.550.7-0.370.780.330.330.860.620.01-0.090.420.260.50.570.390.470.9-0.17
-0.39-0.64-0.720.01-0.68-0.28-0.410.41-0.05-0.45-0.55-0.74-0.83-0.29-0.320.240.290.070.740.08-0.090.420.110.040.88
0.120.330.02-0.750.43-0.18-0.41-0.40.020.70.120.310.10.02-0.33-0.34-0.34-0.84-0.73-0.61-0.6-0.84-0.62-0.39-0.41
0.34-0.15-0.010.52-0.270.550.41-0.40.51-0.780.13-0.26-0.280.40.230.340.30.380.720.340.340.580.510.770.46
0.640.60.260.310.430.7-0.050.020.51-0.350.74-0.08-0.150.740.540.320.240.250.180.10.210.170.410.650.19
-0.120.170.03-0.630.28-0.37-0.450.7-0.78-0.35-0.050.280.26-0.2-0.2-0.34-0.33-0.61-0.76-0.53-0.37-0.61-0.54-0.57-0.46
0.760.940.740.40.830.78-0.550.120.130.74-0.050.460.430.850.650.10.00.25-0.160.280.410.050.330.54-0.38
0.390.510.870.080.560.33-0.740.31-0.26-0.080.280.460.910.340.1-0.23-0.27-0.12-0.490.230.28-0.28-0.070.1-0.93
0.330.460.880.250.480.33-0.830.1-0.28-0.150.260.430.910.280.28-0.15-0.190.13-0.470.270.39-0.110.090.09-0.94
0.640.710.60.460.620.86-0.290.020.40.74-0.20.850.340.280.430.09-0.010.190.150.290.380.250.320.71-0.17
0.560.480.520.520.310.62-0.32-0.330.230.54-0.20.650.10.280.430.350.280.62-0.010.330.570.320.720.57-0.12
-0.18-0.010.010.1-0.390.010.24-0.340.340.32-0.340.1-0.23-0.150.090.350.990.210.14-0.160.040.240.790.180.29
-0.28-0.1-0.070.03-0.46-0.090.29-0.340.30.24-0.330.0-0.27-0.19-0.010.280.990.170.14-0.19-0.020.20.750.090.32
0.270.060.270.9-0.030.420.07-0.840.380.25-0.610.25-0.120.130.190.620.210.170.550.690.810.790.60.490.17
0.03-0.38-0.280.64-0.40.260.74-0.730.720.18-0.76-0.16-0.49-0.470.15-0.010.140.140.550.570.450.850.320.510.7
0.420.140.40.840.190.50.08-0.610.340.1-0.530.280.230.270.290.33-0.16-0.190.690.570.790.690.280.5-0.06
0.50.220.580.890.180.57-0.09-0.60.340.21-0.370.410.280.390.380.570.04-0.020.810.450.790.750.450.61-0.12
0.16-0.180.040.87-0.260.390.42-0.840.580.17-0.610.05-0.28-0.110.250.320.240.20.790.850.690.750.530.570.43
0.190.090.310.53-0.210.470.11-0.620.510.41-0.540.33-0.070.090.320.720.790.750.60.320.280.450.530.590.16
0.690.230.430.670.140.90.04-0.390.770.65-0.570.540.10.090.710.570.180.090.490.510.50.610.570.590.11
-0.29-0.49-0.780.06-0.56-0.170.88-0.410.460.19-0.46-0.38-0.93-0.94-0.17-0.120.290.320.170.7-0.06-0.120.430.160.11
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Alliance Resource Account Relationship Matchups

Alliance Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.2B2.2B1.0B2.8B1.5B
Short Long Term Debt Total809.5M609.8M450.7M434.3M350.8M512.4M
Total Current Liabilities195.6M214.6M177.6M255.6M227.5M199.6M
Total Stockholder Equity1.3B1.1B1.2B1.6B1.8B1.9B
Net Debt773.0M554.2M328.3M138.3M291.0M425.0M
Non Current Assets Total2.3B1.9B1.8B1.9B2.3B1.3B
Non Currrent Assets Other23.5M16.6M76.6M(35.8M)89.9M94.4M
Other Assets75.5M73.4M76.6M(1.5B)(1.4B)(1.3B)
Common Stock Shares Outstanding130.8M128.1M127.2M127.2M127.2M99.2M
Liabilities And Stockholders Equity2.6B2.2B934.6M2.7B2.8B1.5B
Non Current Liabilities Total1.1B879.1M755.8M764.4M702.4M630.4M
Other Stockholder Equity(1.4B)(1.2B)65.2M(1.7B)(1.5B)(1.5B)
Total Liab1.3B1.1B933.3M1.0B929.8M877.5M
Short Term Debt24.8M75.8M18.7M25.0M20.3M19.3M
Other Current Liab21.1M21.9M71.5M135.5M98.9M97.6M
Property Plant And Equipment Net2.0B1.8B1.7B1.8B1.2B1.1B
Accounts Payable80.6M47.5M69.6M95.1M108.3M70.2M
Cash36.5M55.6M122.4M296.0M59.8M90.9M
Cash And Short Term Investments36.5M55.6M122.4M296.0M59.8M100.2M
Net Receivables161.9M108.1M130.2M247.2M292.3M306.9M
Short Term Investments626.0M624.0M653.6M744.7M856.4M899.3M
Inventory101.3M56.4M60.3M77.3M127.6M133.9M
Other Current Assets18.0M21.6M26.3M26.7M36.5M38.3M
Property Plant And Equipment Gross2.0B1.8B3.6B3.9B4.2B4.4B
Total Current Assets319.6M245.8M339.2M654.8M516.1M309.4M
Accumulated Other Comprehensive Income1.3B1.1B(64.2M)1.7B(61.5M)(58.4M)
Other Liab341.0M345.2M323.8M355.1M408.4M224.4M
Current Deferred Revenue(138.7M)69.2M69.4M71.9M64.7M67.9M
Long Term Debt768.2M519.4M418.9M397.2M316.8M468.0M
Common Stock1.3B1.1B1.3B1.7B1.9B2.0B
Property Plant Equipment2.0B1.8B1.7B1.8B2.1B1.2B
Intangible Assets16.1M9.3M136.4M4.4M5.0M4.8M
Net Tangible Assets1.1B1.1B1.2B1.6B1.9B1.1B
Long Term Debt Total768.2M519.4M418.9M397.2M357.5M488.3M
Capital Lease Obligations28.2M17.2M15.6M12.1M13.7M13.0M
Non Current Liabilities Other357.5M359.7M22.3M124.9M18.4M17.5M
Long Term Investments28.5M27.3M26.3M91.4M139.0M87.0M

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When determining whether Alliance Resource is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alliance Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alliance Resource Partners Stock. Highlighted below are key reports to facilitate an investment decision about Alliance Resource Partners Stock:
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.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Alliance Resource's price analysis, check to measure Alliance Resource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alliance Resource is operating at the current time. Most of Alliance Resource's value examination focuses on studying past and present price action to predict the probability of Alliance Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Resource's price. Additionally, you may evaluate how the addition of Alliance Resource to your portfolios can decrease your overall portfolio volatility.
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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.