Alderan Property Plant Equipment vs Net Debt Analysis

AL8 Stock

0.02 0 5.00%

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 Property Plant Equipment and its Net Debt 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.

Property Plant Equipment vs Net Debt

Property Plant Equipment vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alderan Resources Property Plant Equipment account and Net Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between Alderan Resources' Property Plant Equipment and Net Debt is 0.03. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Debt 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' Property Plant Equipment 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 Property Plant Equipment of Alderan Resources 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 Property Plant Equipment i.e., Alderan Resources' Property Plant Equipment and Net Debt go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Property Plant Equipment

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 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 2024, whereas Discontinued Operations is likely to drop (61.3 K) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	9.7K	565.0	847.0	804.65
Depreciation And Amortization	45.6K	37.8K	4.8M	5.0M

Interest Expense Depreciation And Amortization

Alderan Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Assets
Total Assets		-0.09	0.55	0.7	1.0	0.97	0.37	0.17	-0.4	-0.49	0.58	0.43	0.82	0.28	0.4	0.76	0.36	0.33	-0.14	0.7	0.13	0.45	-0.31	0.74	0.86	-0.89
Short Long Term Debt Total	-0.09		0.23	0.09	-0.1	-0.11	-0.03	-0.65	0.3	0.02	-0.14	-0.13	-0.02	0.02	-0.28	0.32	0.08	0.45	-0.02	0.09	0.93	-0.12	0.82	-0.03	0.01	0.37
Other Current Liab	0.55	0.23		0.92	0.52	0.49	0.77	-0.08	0.04	-0.3	0.15	0.03	0.58	-0.4	-0.01	0.75	0.15	0.54	0.29	0.92	0.23	0.05	0.0	0.4	0.58	-0.48
Total Current Liabilities	0.7	0.09	0.92		0.67	0.63	0.74	0.04	-0.31	-0.29	0.47	0.32	0.55	-0.35	0.33	0.78	0.17	0.67	0.32	1.0	0.21	0.34	-0.02	0.46	0.57	-0.65
Total Stockholder Equity	1.0	-0.1	0.52	0.67		0.97	0.34	0.17	-0.4	-0.49	0.58	0.43	0.82	0.31	0.4	0.75	0.36	0.3	-0.17	0.67	0.13	0.45	-0.32	0.74	0.87	-0.89
Net Tangible Assets	0.97	-0.11	0.49	0.63	0.97		0.39	0.17	-0.39	-0.63	0.52	0.36	0.83	0.35	0.39	0.75	0.44	0.31	-0.17	0.63	0.14	0.38	-0.3	0.83	0.91	-0.91
Property Plant And Equipment Net	0.37	-0.03	0.77	0.74	0.34	0.39		0.06	-0.05	-0.21	0.16	0.07	0.36	-0.65	0.08	0.55	0.16	0.28	0.17	0.74	0.0	0.09	-0.06	0.27	0.43	-0.44
Current Deferred Revenue	0.17	-0.65	-0.08	0.04	0.17	0.17	0.06		-0.23	-0.08	0.21	0.16	0.08	0.01	0.22	-0.11	0.04	-0.15	0.02	0.04	-0.58	0.16	-0.55	0.12	0.09	-0.36
Net Debt	-0.4	0.3	0.04	-0.31	-0.4	-0.39	-0.05	-0.23		-0.12	-0.65	-0.67	-0.01	0.02	-1.0	-0.17	0.21	-0.46	0.05	-0.31	0.01	-0.67	-0.03	-0.03	0.03	0.37
Retained Earnings	-0.49	0.02	-0.3	-0.29	-0.49	-0.63	-0.21	-0.08	-0.12		-0.02	0.24	-0.69	-0.5	0.13	-0.46	-0.61	-0.12	-0.17	-0.29	-0.11	0.23	0.29	-0.93	-0.76	0.64
Accounts Payable	0.58	-0.14	0.15	0.47	0.58	0.52	0.16	0.21	-0.65	-0.02		0.94	0.03	0.03	0.65	0.27	0.42	0.39	0.11	0.47	0.11	0.94	0.05	0.33	0.22	-0.61
Cash	0.43	-0.13	0.03	0.32	0.43	0.36	0.07	0.16	-0.67	0.24	0.94		-0.17	-0.05	0.66	0.06	0.3	0.32	-0.05	0.32	0.09	1.0	0.16	0.09	0.03	-0.42
Non Current Assets Total	0.82	-0.02	0.58	0.55	0.82	0.83	0.36	0.08	-0.01	-0.69	0.03	-0.17		0.34	0.02	0.79	0.2	0.15	-0.13	0.55	0.08	-0.15	-0.45	0.75	0.93	-0.71
Non Currrent Assets Other	0.28	0.02	-0.4	-0.35	0.31	0.35	-0.65	0.01	0.02	-0.5	0.03	-0.05	0.34		-0.05	0.02	0.35	-0.15	-0.29	-0.35	0.12	-0.05	-0.18	0.5	0.36	-0.24
Cash And Short Term Investments	0.4	-0.28	-0.01	0.33	0.4	0.39	0.08	0.22	-1.0	0.13	0.65	0.66	0.02	-0.05		0.19	-0.22	0.48	-0.04	0.33	0.01	0.66	0.04	0.03	-0.03	-0.37
Net Receivables	0.76	0.32	0.75	0.78	0.75	0.75	0.55	-0.11	-0.17	-0.46	0.27	0.06	0.79	0.02	0.19		0.13	0.54	0.03	0.78	0.43	0.08	0.01	0.57	0.77	-0.58
Common Stock Shares Outstanding	0.36	0.08	0.15	0.17	0.36	0.44	0.16	0.04	0.21	-0.61	0.42	0.3	0.2	0.35	-0.22	0.13		0.01	0.07	0.17	0.17	0.31	0.01	0.73	0.52	-0.55
Other Current Assets	0.33	0.45	0.54	0.67	0.3	0.31	0.28	-0.15	-0.46	-0.12	0.39	0.32	0.15	-0.15	0.48	0.54	0.01		0.39	0.67	0.59	0.34	0.56	0.2	0.14	-0.22
Other Stockholder Equity	-0.14	-0.02	0.29	0.32	-0.17	-0.17	0.17	0.02	0.05	-0.17	0.11	-0.05	-0.13	-0.29	-0.04	0.03	0.07	0.39		0.32	-0.04	-0.05	0.03	0.09	-0.14	-0.07
Total Liab	0.7	0.09	0.92	1.0	0.67	0.63	0.74	0.04	-0.31	-0.29	0.47	0.32	0.55	-0.35	0.33	0.78	0.17	0.67	0.32		0.21	0.34	-0.02	0.46	0.57	-0.65
Short Long Term Debt	0.13	0.93	0.23	0.21	0.13	0.14	0.0	-0.58	0.01	-0.11	0.11	0.09	0.08	0.12	0.01	0.43	0.17	0.59	-0.04	0.21		0.1	0.81	0.15	0.14	0.14
Total Current Assets	0.45	-0.12	0.05	0.34	0.45	0.38	0.09	0.16	-0.67	0.23	0.94	1.0	-0.15	-0.05	0.66	0.08	0.31	0.34	-0.05	0.34	0.1		0.16	0.11	0.05	-0.43
Short Term Debt	-0.31	0.82	0.0	-0.02	-0.32	-0.3	-0.06	-0.55	-0.03	0.29	0.05	0.16	-0.45	-0.18	0.04	0.01	0.01	0.56	0.03	-0.02	0.81	0.16		-0.28	-0.36	0.48
Common Stock	0.74	-0.03	0.4	0.46	0.74	0.83	0.27	0.12	-0.03	-0.93	0.33	0.09	0.75	0.5	0.03	0.57	0.73	0.2	0.09	0.46	0.15	0.11	-0.28		0.88	-0.84
Property Plant Equipment	0.86	0.01	0.58	0.57	0.87	0.91	0.43	0.09	0.03	-0.76	0.22	0.03	0.93	0.36	-0.03	0.77	0.52	0.14	-0.14	0.57	0.14	0.05	-0.36	0.88		-0.82
Other Assets	-0.89	0.37	-0.48	-0.65	-0.89	-0.91	-0.44	-0.36	0.37	0.64	-0.61	-0.42	-0.71	-0.24	-0.37	-0.58	-0.55	-0.22	-0.07	-0.65	0.14	-0.43	0.48	-0.84	-0.82

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Alderan Resources Account Relationship Matchups

Alderan Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.6M	12.1M	12.7M	8.2M	8.0M	5.0M
Other Current Liab	139.7K	248.3K	267.6K	374.5K	154.8K	304.7K
Total Current Liabilities	771.9K	348.0K	262.9K	416.0K	467.8K	235.3K
Total Stockholder Equity	9.9M	11.7M	12.5M	7.8M	7.6M	4.8M
Net Tangible Assets	11.7M	12.5M	7.8M	7.6M	8.7M	7.4M
Property Plant And Equipment Net	288.3K	209.1K	179.8K	100.7K	4.8M	2.4M
Net Debt	(2.1M)	(791.5K)	(254.7K)	(235.3K)	(119.4K)	(125.4K)
Retained Earnings	(12.8M)	(14.5M)	(16.5M)	(27.1M)	(29.5M)	(35.6M)
Accounts Payable	101.8K	208.3K	14.5K	148.5K	93.3K	80.5K
Cash	749.2K	2.1M	791.5K	254.7K	235.3K	119.4K
Non Current Assets Total	9.7M	9.7M	11.8M	7.8M	7.7M	4.8M
Non Currrent Assets Other	(9.7M)	9.4M	11.6M	7.6M	7.6M	4.7M
Cash And Short Term Investments	2.1M	791.5K	254.7K	235.3K	119.4K	113.4K
Net Receivables	192.5K	207.3K	117.1K	132.1K	85.7K	99.3K
Common Stock Shares Outstanding	185.9M	282.0M	400.2M	570.9M	925.6M	971.8M
Liabilities And Stockholders Equity	12.1M	12.7M	8.2M	8.0M	5.0M	7.7M
Other Current Assets	14.2K	14.5K	23.8K	18.7K	18.5K	16.7K
Other Stockholder Equity	1.0	(4.5M)	(5.6M)	8.2M	973.8K	0.95
Total Liab	771.9K	348.0K	262.9K	416.0K	467.8K	235.3K
Total Current Assets	957.0K	2.4M	923.1K	410.6K	339.7K	237.2K
Accumulated Other Comprehensive Income	7.2M	6.8M	8.2M	9.0M	9.1M	5.2M
Common Stock	19.0M	22.2M	26.7M	28.1M	31.3M	16.8M
Property Plant Equipment	9.7M	11.8M	7.8M	7.7M	8.8M	6.2M
Net Invested Capital	11.7M	12.5M	7.8M	7.6M	4.8M	7.1M
Property Plant And Equipment Gross	9.7M	11.9M	8.3M	8.1M	5.2M	8.3M
Net Working Capital	2.0M	660.2K	(5.5K)	(128.1K)	1.9K	1.8K
Short Term Investments	169.0K	95.9K	104.7K	59.7K	53.8K	93.5K
Capital Stock	19.0M	22.2M	26.7M	28.1M	31.3M	26.4M

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