Alderan Depreciation vs Stock Based Compensation Analysis

AL8 Stock   0.02  0  15.79%   
Alderan Resources financial indicator trend analysis is way more than just evaluating Alderan Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alderan Resources is a good investment. Please check the relationship between Alderan Resources Depreciation and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alderan Resources. 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.

Depreciation vs Stock Based Compensation

Depreciation vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alderan Resources Depreciation account and Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alderan Resources' Depreciation and Stock Based Compensation is -0.31. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Alderan Resources, assuming nothing else is changed. The correlation between historical values of Alderan Resources' Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Alderan Resources are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., Alderan Resources' Depreciation and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Alderan Resources value has been used up. For tax purposes Alderan Resources can deduct the cost of the tangible assets it purchases as business expenses. However, Alderan Resources must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Alderan Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alderan Resources 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 Alderan Resources. 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, Alderan Resources' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 2.5 M in 2025, whereas Discontinued Operations is likely to drop (61.3 K) in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense565.0847.0974.05925.35
Depreciation And Amortization37.8K4.8M5.5M5.8M

Alderan Resources fundamental ratios Correlations

-0.090.530.71.00.990.420.17-0.39-0.460.550.420.770.270.380.770.350.32-0.140.70.140.44-0.30.70.89-0.89
-0.090.230.09-0.1-0.110.0-0.650.30.04-0.1-0.09-0.030.01-0.280.330.070.45-0.020.090.93-0.080.820.020.010.37
0.530.230.910.50.480.71-0.090.03-0.30.110.00.58-0.4-0.010.760.10.540.290.910.230.01-0.010.330.56-0.46
0.70.090.910.670.650.730.03-0.3-0.270.450.310.52-0.350.320.780.190.660.321.00.220.33-0.020.440.59-0.65
1.0-0.10.50.670.990.390.17-0.38-0.470.550.420.770.310.380.750.360.3-0.170.670.140.43-0.320.70.89-0.89
0.99-0.110.480.650.990.420.18-0.37-0.550.540.40.770.330.370.750.420.3-0.170.650.140.41-0.290.740.91-0.91
0.420.00.710.730.390.420.060.01-0.090.40.360.21-0.620.010.520.410.230.140.730.040.360.010.450.46-0.5
0.17-0.65-0.090.030.170.180.06-0.23-0.090.180.130.080.010.22-0.110.04-0.150.020.03-0.570.13-0.540.10.09-0.36
-0.390.30.03-0.3-0.38-0.370.01-0.23-0.1-0.5-0.5-0.030.02-1.0-0.150.23-0.460.05-0.30.01-0.5-0.020.060.050.34
-0.460.04-0.3-0.27-0.47-0.55-0.09-0.09-0.10.070.29-0.7-0.490.1-0.42-0.37-0.12-0.17-0.27-0.060.280.3-0.59-0.660.59
0.55-0.10.110.450.550.540.40.18-0.50.070.96-0.080.00.490.310.60.310.080.450.140.960.080.630.31-0.61
0.42-0.090.00.310.420.40.360.13-0.50.290.96-0.25-0.070.480.130.540.25-0.050.310.131.00.170.490.16-0.45
0.77-0.030.580.520.770.770.210.08-0.03-0.7-0.08-0.250.350.040.730.030.15-0.120.520.06-0.23-0.450.430.85-0.64
0.270.01-0.4-0.350.310.33-0.620.010.02-0.490.0-0.070.35-0.040.010.25-0.15-0.29-0.350.11-0.07-0.180.360.34-0.22
0.38-0.28-0.010.320.380.370.010.22-1.00.10.490.480.04-0.040.17-0.240.48-0.040.320.010.490.03-0.07-0.05-0.34
0.770.330.760.780.750.750.52-0.11-0.15-0.420.310.130.730.010.170.180.530.020.780.440.150.030.490.74-0.59
0.350.070.10.190.360.420.410.040.23-0.370.60.540.030.25-0.240.18-0.010.040.190.160.540.060.90.51-0.55
0.320.450.540.660.30.30.23-0.15-0.46-0.120.310.250.15-0.150.480.53-0.010.390.660.590.260.550.120.13-0.21
-0.14-0.020.290.32-0.17-0.170.140.020.05-0.170.08-0.05-0.12-0.29-0.040.020.040.390.32-0.04-0.050.030.06-0.14-0.06
0.70.090.911.00.670.650.730.03-0.3-0.270.450.310.52-0.350.320.780.190.660.320.220.33-0.020.440.59-0.65
0.140.930.230.220.140.140.04-0.570.01-0.060.140.130.060.110.010.440.160.59-0.040.220.140.810.180.140.14
0.44-0.080.010.330.430.410.360.13-0.50.280.961.0-0.23-0.070.490.150.540.26-0.050.330.140.180.50.17-0.46
-0.30.82-0.01-0.02-0.32-0.290.01-0.54-0.020.30.080.17-0.45-0.180.030.030.060.550.03-0.020.810.18-0.14-0.340.46
0.70.020.330.440.70.740.450.10.06-0.590.630.490.430.36-0.070.490.90.120.060.440.180.5-0.140.8-0.81
0.890.010.560.590.890.910.460.090.05-0.660.310.160.850.34-0.050.740.510.13-0.140.590.140.17-0.340.8-0.83
-0.890.37-0.46-0.65-0.89-0.91-0.5-0.360.340.59-0.61-0.45-0.64-0.22-0.34-0.59-0.55-0.21-0.06-0.650.14-0.460.46-0.81-0.83
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Alderan Resources Account Relationship Matchups

Alderan Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.1M12.7M8.2M8.0M5.0M7.9M
Other Current Liab248.3K267.6K374.5K154.8K178.0K304.7K
Total Current Liabilities348.0K262.9K416.0K467.8K235.3K418.4K
Total Stockholder Equity11.7M12.5M7.8M7.6M4.8M7.4M
Net Tangible Assets11.7M12.5M7.8M7.6M8.7M7.4M
Property Plant And Equipment Net209.1K179.8K100.7K4.8M5.5M5.8M
Net Debt(791.5K)(254.7K)(235.3K)(119.4K)(137.3K)(144.2K)
Retained Earnings(14.5M)(16.5M)(27.1M)(29.5M)(35.6M)(1.6M)
Accounts Payable208.3K14.5K148.5K93.3K80.5K430.1K
Cash2.1M791.5K254.7K235.3K119.4K8.7M
Non Current Assets Total9.7M11.8M7.8M7.7M4.8M740.6K
Non Currrent Assets Other9.4M11.6M7.6M7.6M4.7M740.6K
Cash And Short Term Investments791.5K254.7K235.3K119.4K107.5K102.1K
Net Receivables207.3K117.1K132.1K85.7K99.3K132.5K
Common Stock Shares Outstanding282.0M400.2M570.9M925.6M1.1B1.1B
Liabilities And Stockholders Equity12.7M8.2M8.0M5.0M5.8M7.7M
Other Current Assets14.5K23.8K18.7K18.5K16.7K16.7K
Other Stockholder Equity(4.5M)(5.6M)8.2M973.8K1.151.09
Total Liab348.0K262.9K416.0K467.8K235.3K418.4K
Total Current Assets2.4M923.1K410.6K339.7K237.2K8.8M
Accumulated Other Comprehensive Income6.8M8.2M9.0M9.1M10.4M11.0M
Common Stock22.2M26.7M28.1M31.3M36.0M37.8M
Property Plant Equipment9.7M11.8M7.8M7.7M8.8M6.2M
Net Invested Capital12.5M7.8M7.6M4.8M4.3M7.1M
Property Plant And Equipment Gross11.9M8.3M8.1M5.2M6.0M8.3M
Net Working Capital660.2K(5.5K)(128.1K)1.9K1.7K1.6K
Short Term Investments169.0K95.9K104.7K59.7K53.8K93.5K
Capital Stock22.2M26.7M28.1M31.3M36.0M26.4M

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