Alamo Short Term Coverage Ratios from 2010 to 2024

ALG Stock  USD 197.89  0.14  0.07%   
Alamo's Short Term Coverage Ratios is decreasing over the last several years with stable swings. Short Term Coverage Ratios is predicted to flatten to 8.30. During the period from 2010 to 2024 Alamo Group Short Term Coverage Ratios regressed destribution of quarterly values had coefficient of variationof  178.40 and r-value of (0.14). View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
8.73893923
Current Value
8.3
Quarterly Volatility
351.43564218
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alamo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alamo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 50.4 M, Interest Expense of 27.4 M or Selling General Administrative of 227.8 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.004 or PTB Ratio of 1.38. Alamo financial statements analysis is a perfect complement when working with Alamo Valuation or Volatility modules.
  
Check out the analysis of Alamo Correlation against competitors.

Latest Alamo's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Alamo Group over the last few years. It is Alamo's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alamo's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Pretty Stable
   Short Term Coverage Ratios   
       Timeline  

Alamo Short Term Coverage Ratios Regression Statistics

Arithmetic Mean196.99
Geometric Mean25.92
Coefficient Of Variation178.40
Mean Deviation265.34
Median12.24
Standard Deviation351.44
Sample Variance123,507
Range1K
R-Value(0.14)
Mean Square Error130,406
R-Squared0.02
Significance0.62
Slope(10.99)
Total Sum of Squares1.7M

Alamo Short Term Coverage Ratios History

2024 8.3
2023 8.74
2022 0.97
2021 3.3
2020 12.24
2019 4.71
2018 108.49

About Alamo Financial Statements

Alamo stakeholders use historical fundamental indicators, such as Alamo's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Alamo investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alamo's assets and liabilities are reflected in the revenues and expenses on Alamo's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alamo Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 8.74  8.30 

Currently Active Assets on Macroaxis

When determining whether Alamo Group is a strong investment it is important to analyze Alamo's 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 Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:
Check out the analysis of Alamo Correlation against competitors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Construction Machinery & Heavy Transportation Equipment 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 Alamo. If investors know Alamo 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 Alamo 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
(0.22)
Dividend Share
1
Earnings Share
9.93
Revenue Per Share
138.895
Quarterly Revenue Growth
(0.04)
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.