Alchemy Cash And Short Term Investments vs Total Current Liabilities Analysis
| ALCYW Stock | 0.08 0.02 19.70% |
Alchemy Investments financial indicator trend analysis is way more than just evaluating Alchemy Investments prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alchemy Investments is a good investment. Please check the relationship between Alchemy Investments Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alchemy Investments Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Cash And Short Term Investments vs Total Current Liabilities
Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alchemy Investments Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alchemy Investments' Cash And Short Term Investments and Total Current Liabilities is -0.56. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Alchemy Investments Acquisition, assuming nothing else is changed. The correlation between historical values of Alchemy Investments' Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Alchemy Investments Acquisition are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., Alchemy Investments' Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.56 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Alchemy Investments balance sheet. This account contains Alchemy Investments investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Alchemy Investments Acquisition fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Current Liabilities
Total Current Liabilities is an item on Alchemy Investments balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alchemy Investments Acquisition are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Alchemy Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alchemy Investments 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 Alchemy Investments Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Alchemy Investments' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 9.27 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 94.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 8.8K | 660.0K | 759.0K | 796.9K | Depreciation And Amortization | 236.6K | 228.5K | 4.0M | 4.2M |
Alchemy Investments fundamental ratios Correlations
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Alchemy Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Alchemy Investments' price analysis, check to measure Alchemy Investments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alchemy Investments is operating at the current time. Most of Alchemy Investments' value examination focuses on studying past and present price action to predict the probability of Alchemy Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alchemy Investments' price. Additionally, you may evaluate how the addition of Alchemy Investments to your portfolios can decrease your overall portfolio volatility.