Alamos Long Term Debt vs Other Current Assets Analysis
| AGI Stock | USD 18.45 0.07 0.38% |
Alamos Gold financial indicator trend analysis is way more than just evaluating Alamos Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alamos Gold is a good investment. Please check the relationship between Alamos Gold Long Term Debt and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.
Long Term Debt vs Other Current Assets
Long Term Debt vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alamos Gold Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alamos Gold's Long Term Debt and Other Current Assets is -0.48. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Alamos Gold, assuming nothing else is changed. The correlation between historical values of Alamos Gold's Long Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Alamos Gold are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Debt i.e., Alamos Gold's Long Term Debt and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Alamos Gold has held for over one year. Long-term debt appears on Alamos Gold balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Alamos Gold balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Alamos Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alamos Gold 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 Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.As of now, Alamos Gold's Enterprise Value is decreasing as compared to previous years.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 823.6M | 821.2M | 1.0B | 1.1B | Depreciation And Amortization | 171.7M | 168.7M | 190.2M | 199.7M |
Alamos Gold fundamental ratios Correlations
Click cells to compare fundamentals
Alamos Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alamos Gold fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 3.4B | 3.6B | 3.6B | 3.7B | 4.0B | 4.2B | |
| Net Debt | (182M) | (220M) | (172.1M) | (129.4M) | (224.8M) | (213.6M) | |
| Retained Earnings | (1.1B) | (958.1M) | (1.0B) | (1.0B) | (876.8M) | (833.0M) | |
| Cash | 182.8M | 220.5M | 172.5M | 129.8M | 224.8M | 148.2M | |
| Non Current Assets Total | 3.0B | 3.2B | 3.2B | 3.2B | 3.4B | 3.6B | |
| Common Stock Total Equity | 3.7B | 3.7B | 3.7B | 3.7B | 4.3B | 4.5B | |
| Common Stock Shares Outstanding | 393.4M | 394.9M | 392.6M | 394.5M | 398.1M | 418.0M | |
| Liabilities And Stockholders Equity | 3.4B | 3.6B | 3.6B | 3.7B | 4.0B | 4.2B | |
| Property Plant And Equipment Gross | 2.9B | 3.1B | 4.9B | 5.1B | 5.5B | 5.7B | |
| Total Current Assets | 394.3M | 473.4M | 459.4M | 441M | 586M | 615.3M | |
| Other Current Liab | 8.2M | 13.2M | 19.4M | 33.2M | 40.0M | 42.0M | |
| Total Current Liabilities | 127.3M | 146.9M | 157.4M | 181.9M | 247.9M | 260.3M | |
| Total Stockholder Equity | 2.7B | 2.9B | 2.7B | 2.7B | 2.9B | 3.1B | |
| Property Plant And Equipment Net | 2.9B | 3.1B | 3.1B | 3.2B | 3.4B | 3.5B | |
| Non Currrent Assets Other | 68.8M | 61.8M | 53.6M | 59.4M | 46.1M | 48.5M | |
| Cash And Short Term Investments | 205.6M | 264.2M | 196.4M | 148.4M | 237.8M | 172.7M | |
| Net Receivables | 42M | 34.7M | 39.8M | 37.2M | 53.1M | 55.8M | |
| Other Current Assets | 19.8M | 26M | 64M | 58.4M | 23.6M | 12.0M | |
| Total Liab | 701.2M | 785M | 885.9M | 953.1M | 1.1B | 1.1B | |
| Common Stock | 3.7B | 3.7B | 3.7B | 3.7B | 3.7B | 3.9B | |
| Short Long Term Debt Total | 2.6M | 800K | 500K | 400K | 994.9K | 945.1K | |
| Other Liab | 573.9M | 635.7M | 726.7M | 770M | 885.5M | 929.8M | |
| Net Tangible Assets | 2.7B | 2.9B | 2.7B | 2.7B | 3.1B | 3.3B | |
| Accounts Payable | 118.3M | 117.7M | 137.6M | 147.6M | 167.8M | 176.2M | |
| Other Assets | 68.8M | 61.8M | 53.6M | 59.4M | 68.3M | 56.3M | |
| Short Term Investments | 22.8M | 43.7M | 23.9M | 18.6M | 13M | 19.5M | |
| Inventory | 126.9M | 148.5M | 199M | 234.2M | 271.2M | 284.8M | |
| Other Stockholder Equity | 91.2M | 90.7M | 88.5M | 89.5M | 88.6M | 119.8M | |
| Accumulated Other Comprehensive Income | (200K) | 18.2M | 1.9M | (24.8M) | (26.9M) | (25.6M) | |
| Short Term Debt | 2.6M | 800K | 500K | 400K | 398.0K | 378.1K | |
| Property Plant Equipment | 2.9B | 3.1B | 3.1B | 3.2B | 3.6B | 3.8B | |
| Capital Surpluse | 89.5M | 87.3M | 90.7M | 88.5M | 102.9M | 92.0M |
Currently Active Assets on Macroaxis
When determining whether Alamos Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alamos Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alamos Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alamos Gold Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Metals & Mining 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 Alamos Gold. If investors know Alamos 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 Alamos Gold 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 1.011 | Dividend Share 0.1 | Earnings Share 0.6 | Revenue Per Share 3.047 | Quarterly Revenue Growth 0.409 |
The market value of Alamos Gold is measured differently than its book value, which is the value of Alamos that is recorded on the company's balance sheet. Investors also form their own opinion of Alamos Gold's value that differs from its market value or its book value, called intrinsic value, which is Alamos Gold'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 Alamos Gold's market value can be influenced by many factors that don't directly affect Alamos Gold'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 Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold'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.