ALX Free Cash Flow vs Change To Operating Activities Analysis

AL Stock  CAD 0.03  0.00  0.00%   
ALX Uranium financial indicator trend analysis is way more than just evaluating ALX Uranium Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ALX Uranium Corp is a good investment. Please check the relationship between ALX Uranium Free Cash Flow and its Change To Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALX Uranium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow vs Change To Operating Activities

Free Cash Flow vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ALX Uranium Corp Free Cash Flow account and Change To Operating Activities. At this time, the significance of the direction appears to have weak relationship.
The correlation between ALX Uranium's Free Cash Flow and Change To Operating Activities is 0.32. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of ALX Uranium Corp, assuming nothing else is changed. The correlation between historical values of ALX Uranium's Free Cash Flow and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of ALX Uranium Corp are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Free Cash Flow i.e., ALX Uranium's Free Cash Flow and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Operating Activities

Most indicators from ALX Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ALX Uranium Corp 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 ALX Uranium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, ALX Uranium's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (5.99) in 2024.
 2023 2024 (projected)
Interest Income94.6K55.6K
Net Interest Income108.9K67.4K

ALX Uranium fundamental ratios Correlations

0.291.0-0.5-0.63-0.140.510.690.650.070.340.710.930.930.160.380.150.970.890.540.890.90.22-0.02-0.270.5
0.290.25-0.52-0.130.440.510.29-0.020.380.980.30.210.210.3-0.090.80.20.580.010.170.15-0.130.010.07-0.04
1.00.25-0.49-0.63-0.160.50.680.660.050.310.710.930.930.150.390.120.970.870.550.890.90.23-0.01-0.270.51
-0.5-0.52-0.490.460.28-1.0-0.57-0.37-0.69-0.55-0.58-0.37-0.36-0.170.14-0.68-0.46-0.59-0.28-0.52-0.330.04-0.18-0.21-0.41
-0.63-0.13-0.630.460.24-0.46-0.14-0.97-0.2-0.19-0.17-0.79-0.77-0.440.22-0.07-0.74-0.42-0.09-0.91-0.8-0.04-0.250.32-0.91
-0.140.44-0.160.280.24-0.3-0.09-0.27-0.290.33-0.09-0.16-0.14-0.010.12-0.07-0.16-0.07-0.11-0.28-0.17-0.290.310.36-0.28
0.510.510.5-1.0-0.46-0.30.560.370.680.550.570.380.370.17-0.150.690.470.60.280.530.35-0.020.150.180.41
0.690.290.68-0.57-0.14-0.090.560.220.190.281.00.380.38-0.150.730.270.630.660.440.430.35-0.010.120.220.12
0.65-0.020.66-0.37-0.97-0.270.370.220.110.030.250.770.760.34-0.05-0.10.780.370.160.90.790.010.29-0.310.9
0.070.380.05-0.69-0.2-0.290.680.190.110.390.170.01-0.01-0.1-0.350.720.060.22-0.120.14-0.020.010.06-0.060.21
0.340.980.31-0.55-0.190.330.550.280.030.390.290.290.290.29-0.130.830.240.64-0.010.240.23-0.03-0.12-0.05-0.01
0.710.30.71-0.58-0.17-0.090.571.00.250.170.290.410.42-0.110.720.260.660.680.480.460.38-0.010.120.210.14
0.930.210.93-0.37-0.79-0.160.380.380.770.010.290.411.00.270.110.060.930.790.40.940.990.29-0.07-0.480.62
0.930.210.93-0.36-0.77-0.140.370.380.76-0.010.290.421.00.270.130.040.940.790.450.930.990.29-0.07-0.460.6
0.160.30.15-0.17-0.44-0.010.17-0.150.34-0.10.29-0.110.270.27-0.310.260.160.190.20.360.24-0.230.09-0.030.38
0.38-0.090.390.140.220.12-0.150.73-0.05-0.35-0.130.720.110.13-0.31-0.250.360.280.280.050.110.00.030.12-0.2
0.150.80.12-0.68-0.07-0.070.690.27-0.10.720.830.260.060.040.26-0.250.050.49-0.040.1-0.01-0.03-0.18-0.03-0.04
0.970.20.97-0.46-0.74-0.160.470.630.780.060.240.660.930.940.160.360.050.790.470.940.930.180.12-0.270.64
0.890.580.87-0.59-0.42-0.070.60.660.370.220.640.680.790.790.190.280.490.790.470.690.750.3-0.26-0.30.2
0.540.010.55-0.28-0.09-0.110.280.440.16-0.12-0.010.480.40.450.20.28-0.040.470.470.350.370.040.00.130.05
0.890.170.89-0.52-0.91-0.280.530.430.90.140.240.460.940.930.360.050.10.940.690.350.930.140.15-0.320.82
0.90.150.9-0.33-0.8-0.170.350.350.79-0.020.230.380.990.990.240.11-0.010.930.750.370.930.31-0.07-0.490.62
0.22-0.130.230.04-0.04-0.29-0.02-0.010.010.01-0.03-0.010.290.29-0.230.0-0.030.180.30.040.140.31-0.66-0.48-0.16
-0.020.01-0.01-0.18-0.250.310.150.120.290.06-0.120.12-0.07-0.070.090.03-0.180.12-0.260.00.15-0.07-0.660.650.52
-0.270.07-0.27-0.210.320.360.180.22-0.31-0.06-0.050.21-0.48-0.46-0.030.12-0.03-0.27-0.30.13-0.32-0.49-0.480.65-0.1
0.5-0.040.51-0.41-0.91-0.280.410.120.90.21-0.010.140.620.60.38-0.2-0.040.640.20.050.820.62-0.160.52-0.1
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ALX Uranium Account Relationship Matchups

ALX Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.4M10.9M13.0M12.4M12.0M7.6M
Total Current Liabilities249.3K179.4K181.9K261.1K164.2K192.7K
Total Stockholder Equity10.0M10.6M12.8M12.2M11.8M7.4M
Net Debt(1.5M)(975.1K)(4.0M)(2.0M)(1.4M)(1.4M)
Retained Earnings(8.3M)(9.1M)(11.8M)(13.6M)(14.5M)(13.7M)
Accounts Payable111.45111.3230.837.33133.4K140.1K
Cash1.7M1.1M4.1M2.0M1.4M1.4M
Cash And Short Term Investments2.0M1.1M4.2M2.4M1.9M2.1M
Common Stock Shares Outstanding105.6M137.1M172.1M211.6M235.9M247.7M
Liabilities And Stockholders Equity10.4M10.9M13.0M12.4M12.0M7.6M
Other Stockholder Equity1.9M2.0M2.2M2.5M2.9M1.8M
Total Liab369.7K264.4K226.9K261.1K164.2K208.8K
Total Current Assets2.2M1.3M4.4M2.8M2.0M2.2M
Accumulated Other Comprehensive Income2.0M2.2M2.5M2.8M2.9M1.8M
Property Plant And Equipment Net8.2M9.6M8.6M9.6M10.0M6.5M
Non Current Assets Total8.3M9.6M8.6M9.6M10.0M6.5M
Net Receivables47.7K49.0K67.6K164.4K32.9K58.0K
Short Term Investments340.9K38.3K113.8K360.9K508.1K720.8K
Other Current Liab221.2K144.0K142.0K216.1K30.8K29.3K
Net Tangible Assets10.9M10.0M10.6M12.8M14.7M10.3M
Other Current Assets79.6K85.1K211.2K236.2K63.0K59.8K
Common Stock16.3M17.4M22.0M23.0M23.4M16.5M
Property Plant Equipment8.6M8.2M9.6M8.6M9.9M7.4M
Non Currrent Assets Other10K8.7M8.3M1.01.151.09
Net Invested Capital10.0M10.6M12.8M12.2M14.0M12.6M
Net Working Capital1.9M1.1M4.3M2.5M2.9M2.8M
Capital Stock16.3M17.4M22.0M23.0M26.4M20.4M

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