Alterity Accounts Payable vs Net Debt Analysis

ATHE Stock

USD 1.91 0.04 2.05%

Alterity Therapeutics financial indicator trend analysis is way more than just evaluating Alterity Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alterity Therapeutics is a good investment. Please check the relationship between Alterity Therapeutics Accounts Payable and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alterity Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alterity Therapeutics Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Alterity Therapeutics' Accounts Payable and Net Debt is -0.36. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Alterity Therapeutics, assuming nothing else is changed. The correlation between historical values of Alterity Therapeutics' Accounts Payable and Net Debt 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 Alterity Therapeutics are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Alterity Therapeutics' Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Alterity Therapeutics 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 Alterity Therapeutics 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Alterity Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alterity Therapeutics 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 Alterity Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.At present, Alterity Therapeutics' Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	54.2K	102.3K	92.0K	87.4K
Research Development	14.7M	13.2M	15.2M	7.7M

Depreciation And Amortization Research Development

Alterity Therapeutics fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		1.0	-0.95	0.97	0.97	0.25	-0.68	1.0	0.58	0.22	0.64	0.09	-0.56	0.47	-0.54	-0.37	0.57	0.21	0.15	0.63	-0.26	0.68	0.22	0.21	-0.41	0.18
Total Stockholder Equity	1.0		-0.96	0.98	0.98	0.2	-0.71	0.99	0.54	0.22	0.57	0.04	-0.51	0.42	-0.51	-0.31	0.54	0.16	0.18	0.56	-0.28	0.63	0.16	0.16	-0.43	0.13
Net Debt	-0.95	-0.96		-1.0	-1.0	-0.02	0.85	-0.95	-0.39	-0.02	-0.45	0.14	0.39	-0.36	0.48	0.17	-0.33	0.04	-0.18	-0.44	0.33	-0.5	0.04	0.01	0.45	0.04
Cash	0.97	0.98	-1.0		1.0	0.08	-0.81	0.97	0.44	0.07	0.5	-0.08	-0.42	0.38	-0.49	-0.22	0.39	0.02	0.18	0.49	-0.32	0.54	0.02	0.04	-0.43	0.01
Cash And Short Term Investments	0.97	0.98	-1.0	1.0		0.08	-0.81	0.97	0.44	0.07	0.5	-0.08	-0.42	0.38	-0.49	-0.22	0.39	0.02	0.18	0.48	-0.32	0.54	0.02	0.04	-0.43	0.01
Common Stock Shares Outstanding	0.25	0.2	-0.02	0.08	0.08		0.4	0.21	0.74	0.44	0.64	0.96	-0.63	0.42	-0.14	-0.84	0.74	0.94	-0.24	0.66	0.37	0.48	0.87	1.0	0.06	0.99
Other Stockholder Equity	-0.68	-0.71	0.85	-0.81	-0.81	0.4		-0.7	-0.01	0.38	-0.15	0.5	0.06	-0.27	0.25	-0.19	0.13	0.44	-0.08	-0.13	0.31	-0.22	0.39	0.41	0.54	0.43
Total Current Assets	1.0	0.99	-0.95	0.97	0.97	0.21	-0.7		0.55	0.19	0.64	0.05	-0.54	0.46	-0.53	-0.35	0.53	0.17	0.15	0.63	-0.26	0.68	0.2	0.17	-0.41	0.14
Common Stock	0.58	0.54	-0.39	0.44	0.44	0.74	-0.01	0.55		0.59	0.68	0.63	-0.95	0.43	-0.65	-0.77	0.83	0.82	-0.37	0.7	-0.01	0.85	0.76	0.71	-0.31	0.66
Other Current Liab	0.22	0.22	-0.02	0.07	0.07	0.44	0.38	0.19	0.59		0.15	0.41	-0.47	-0.18	-0.4	-0.4	0.74	0.57	0.1	0.16	-0.21	0.38	0.42	0.4	0.03	0.37
Total Current Liabilities	0.64	0.57	-0.45	0.5	0.5	0.64	-0.15	0.64	0.68	0.15		0.51	-0.73	0.74	-0.44	-0.78	0.6	0.57	-0.16	1.0	0.1	0.77	0.69	0.62	-0.02	0.56
Property Plant And Equipment Net	0.09	0.04	0.14	-0.08	-0.08	0.96	0.5	0.05	0.63	0.41	0.51		-0.51	0.41	0.07	-0.8	0.67	0.94	-0.26	0.53	0.56	0.35	0.86	0.97	0.09	0.96
Retained Earnings	-0.56	-0.51	0.39	-0.42	-0.42	-0.63	0.06	-0.54	-0.95	-0.47	-0.73	-0.51		-0.41	0.72	0.74	-0.68	-0.72	0.45	-0.73	0.01	-0.92	-0.76	-0.6	0.29	-0.54
Accounts Payable	0.47	0.42	-0.36	0.38	0.38	0.42	-0.27	0.46	0.43	-0.18	0.74	0.41	-0.41		-0.1	-0.55	0.46	0.38	-0.23	0.74	0.22	0.44	0.46	0.43	-0.27	0.41
Non Current Assets Total	-0.54	-0.51	0.48	-0.49	-0.49	-0.14	0.25	-0.53	-0.65	-0.4	-0.44	0.07	0.72	-0.1		0.26	-0.45	-0.2	0.08	-0.44	0.66	-0.7	-0.2	-0.07	0.19	-0.03
Non Currrent Assets Other	-0.37	-0.31	0.17	-0.22	-0.22	-0.84	-0.19	-0.35	-0.77	-0.4	-0.78	-0.8	0.74	-0.55	0.26		-0.67	-0.83	0.33	-0.79	-0.35	-0.61	-0.82	-0.83	-0.13	-0.76
Net Receivables	0.57	0.54	-0.33	0.39	0.39	0.74	0.13	0.53	0.83	0.74	0.6	0.67	-0.68	0.46	-0.45	-0.67		0.78	0.05	0.61	-0.05	0.6	0.67	0.71	-0.17	0.68
Inventory	0.21	0.16	0.04	0.02	0.02	0.94	0.44	0.17	0.82	0.57	0.57	0.94	-0.72	0.38	-0.2	-0.83	0.78		-0.37	0.59	0.39	0.57	0.92	0.94	-0.03	0.92
Other Current Assets	0.15	0.18	-0.18	0.18	0.18	-0.24	-0.08	0.15	-0.37	0.1	-0.16	-0.26	0.45	-0.23	0.08	0.33	0.05	-0.37		-0.17	-0.3	-0.37	-0.38	-0.25	0.37	-0.25
Total Liab	0.63	0.56	-0.44	0.49	0.48	0.66	-0.13	0.63	0.7	0.16	1.0	0.53	-0.73	0.74	-0.44	-0.79	0.61	0.59	-0.17		0.12	0.77	0.71	0.64	-0.02	0.58
Intangible Assets	-0.26	-0.28	0.33	-0.32	-0.32	0.37	0.31	-0.26	-0.01	-0.21	0.1	0.56	0.01	0.22	0.66	-0.35	-0.05	0.39	-0.3	0.12		-0.06	0.48	0.44	0.09	0.44
Common Stock Total Equity	0.68	0.63	-0.5	0.54	0.54	0.48	-0.22	0.68	0.85	0.38	0.77	0.35	-0.92	0.44	-0.7	-0.61	0.6	0.57	-0.37	0.77	-0.06		0.67	0.44	-0.36	0.4
Non Current Liabilities Total	0.22	0.16	0.04	0.02	0.02	0.87	0.39	0.2	0.76	0.42	0.69	0.86	-0.76	0.46	-0.2	-0.82	0.67	0.92	-0.38	0.71	0.48	0.67		0.87	-0.02	0.84
Property Plant And Equipment Gross	0.21	0.16	0.01	0.04	0.04	1.0	0.41	0.17	0.71	0.4	0.62	0.97	-0.6	0.43	-0.07	-0.83	0.71	0.94	-0.25	0.64	0.44	0.44	0.87		0.07	0.99
Short Long Term Debt Total	-0.41	-0.43	0.45	-0.43	-0.43	0.06	0.54	-0.41	-0.31	0.03	-0.02	0.09	0.29	-0.27	0.19	-0.13	-0.17	-0.03	0.37	-0.02	0.09	-0.36	-0.02	0.07		0.01
Current Deferred Revenue	0.18	0.13	0.04	0.01	0.01	0.99	0.43	0.14	0.66	0.37	0.56	0.96	-0.54	0.41	-0.03	-0.76	0.68	0.92	-0.25	0.58	0.44	0.4	0.84	0.99	0.01

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Alterity Therapeutics Account Relationship Matchups

Alterity Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.3M	33.6M	41.4M	27.3M	31.4M	21.8M
Total Stockholder Equity	10.5M	30.5M	35.5M	22.8M	26.2M	19.3M
Net Debt	(9.2M)	(28.0M)	(34.7M)	(15.6M)	(14.0M)	(14.7M)
Cash	9.2M	28.1M	34.8M	15.8M	18.1M	15.8M
Cash And Short Term Investments	9.2M	28.1M	34.8M	15.8M	18.1M	15.8M
Common Stock Shares Outstanding	1.5M	2.8M	2.4B	2.4B	2.8B	2.9B
Liabilities And Stockholders Equity	13.3M	33.6M	41.4M	27.3M	31.4M	21.8M
Other Stockholder Equity	(4.3M)	(20.8M)	(22.0M)	4.0M	3.6M	3.4M
Total Current Assets	13.2M	33.5M	41.1M	27.0M	31.1M	18.6M
Common Stock	160.7M	197.4M	213.8M	214.0M	246.1M	258.4M
Other Current Liab	1.2M	1.2M	(26.9K)	2.6M	2.9M	3.1M
Total Current Liabilities	2.7M	3.1M	5.8M	4.4M	5.0M	2.7M
Property Plant And Equipment Net	71.4K	96.8K	218.5K	268.9K	309.2K	324.7K
Retained Earnings	(151.0M)	(169.7M)	(181.9M)	(195.1M)	(175.6M)	(166.8M)
Accounts Payable	954.0K	1.4M	2.7M	1.7M	2.0M	1.3M
Non Current Assets Total	71.4K	96.8K	218.5K	268.9K	242.0K	229.9K
Non Currrent Assets Other	(34.2K)	(49.3K)	(72.6K)	(150.9K)	(135.8K)	(129.0K)
Net Receivables	3.5M	4.3M	4.7M	8.7M	10.0M	10.5M
Inventory	567.9K	1.1M	1.6M	2.6M	3.0M	3.1M
Other Current Assets	10.3K	9.4K	10.2K	39.8K	35.8K	34.0K
Total Liab	2.8M	3.1M	5.9M	4.5M	5.2M	2.8M
Common Stock Total Equity	143.9M	156.6M	160.7M	197.4M	227.1M	128.1M
Non Current Liabilities Total	42.4K	47.7K	73.6K	122.7K	110.4K	69.6K
Property Plant And Equipment Gross	71.4K	96.8K	733.1K	728.8K	838.1K	880.0K
Accumulated Other Comprehensive Income	866.1K	2.8M	3.6M	4.0M	4.6M	4.8M
Short Long Term Debt Total	33.7K	65.6K	117.5K	210.4K	189.3K	132.0K
Short Term Debt	32.9K	27.7K	57.6K	107.2K	96.5K	107.5K
Other Assets	(0.53)	0.03	(0.48)	1.0	0.9	0.86
Other Liab	41.5K	9.8K	13.8K	19.5K	22.4K	15.0K
Net Tangible Assets	7.2M	30.5M	35.5M	22.8M	26.2M	24.6M
Capital Lease Obligations	33.7K	65.6K	117.5K	210.4K	241.9K	254.0K
Property Plant Equipment	71.4K	96.8K	218.5K	268.9K	309.2K	324.7K
Net Invested Capital	7.2M	30.5M	35.5M	22.8M	26.2M	23.9M
Net Working Capital	7.1M	30.4M	35.3M	22.7M	26.1M	23.8M
Capital Stock	160.7M	197.4M	213.8M	214.0M	246.1M	207.4M

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Additional Information and Resources on Investing in Alterity Stock

When determining whether Alterity Therapeutics is a strong investment it is important to analyze Alterity Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alterity Therapeutics' future performance. For an informed investment choice regarding Alterity Stock, refer to the following important reports:

How To Invest In Alterity

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Is Alterity Stock a good investment?

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What is Alterity Therapeutics' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alterity Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.

You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Is Biotechnology 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 Alterity Therapeutics. If investors know Alterity 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 Alterity Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.81)

Revenue Per Share

0.6

Quarterly Revenue Growth

(0.20)

Return On Assets

(0.29)

Return On Equity

(0.54)

The market value of Alterity Therapeutics is measured differently than its book value, which is the value of Alterity that is recorded on the company's balance sheet. Investors also form their own opinion of Alterity Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Alterity Therapeutics' 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 Alterity Therapeutics' market value can be influenced by many factors that don't directly affect Alterity Therapeutics' 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 Alterity Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alterity Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alterity Therapeutics' 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.

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Alterity Accounts Payable vs Net Debt Analysis

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Debt

Alterity Therapeutics fundamental ratios Correlations

Alterity Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alterity Therapeutics fundamental ratios Accounts

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Additional Information and Resources on Investing in Alterity Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 0.96	Total Stockholder Equity
Retained Earnings	- 0.95	Common Stock
Total Current Assets	- 0.95	Net Debt
Net Debt	- 0.95	Total Assets