Alkemy Depreciation And Amortization vs Gross Profit Analysis

ALK Stock   130.00  5.00  4.00%   
Alkemy Capital financial indicator trend analysis is way more than just evaluating Alkemy Capital Inves prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkemy Capital Inves is a good investment. Please check the relationship between Alkemy Capital Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkemy Capital Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkemy Capital Inves Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Alkemy Capital's Depreciation And Amortization and Gross Profit is -1.0. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Alkemy Capital Investments, assuming nothing else is changed. The correlation between historical values of Alkemy Capital's Depreciation And Amortization and Gross Profit 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 And Amortization of Alkemy Capital Investments are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Alkemy Capital's Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Alkemy Capital Investments minus its cost of goods sold. It is profit before Alkemy Capital operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Alkemy Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkemy Capital Inves 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 Alkemy Capital Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Tax Provision is expected to grow to about (308.8 K). In addition to that, Selling General Administrative is expected to decline to about 805.3 K
 2010 2022 2023 2024 (projected)
Total Operating Expenses797.7K2.6M1.5M1.8M
Cost Of Revenue330.751.3K634.3K666.0K

Alkemy Capital fundamental ratios Correlations

0.810.98-0.991.0-0.940.77-1.0-1.00.720.28-0.060.920.98-0.370.990.950.98-0.58-0.80.77-0.54-0.8-0.580.540.57
0.810.88-0.880.83-0.590.26-0.78-0.780.190.7-0.610.670.880.170.860.60.69-0.04-0.340.42-0.11-0.36-0.040.110.04
0.980.88-1.00.99-0.880.67-0.98-0.980.610.41-0.230.851.0-0.31.00.890.92-0.43-0.740.75-0.47-0.75-0.430.470.42
-0.99-0.88-1.0-0.990.88-0.690.980.98-0.61-0.420.2-0.87-1.00.3-1.0-0.9-0.930.440.74-0.750.440.750.44-0.44-0.44
1.00.830.99-0.99-0.930.75-1.0-1.00.690.31-0.110.910.99-0.361.00.940.97-0.53-0.790.77-0.53-0.79-0.530.530.53
-0.94-0.59-0.880.88-0.93-0.880.960.96-0.90.06-0.21-0.95-0.880.52-0.9-0.98-0.980.80.87-0.740.770.860.8-0.77-0.8
0.770.260.67-0.690.75-0.88-0.79-0.790.96-0.210.560.770.67-0.810.70.920.86-0.85-0.960.85-0.67-0.95-0.850.670.85
-1.0-0.78-0.980.98-1.00.96-0.791.0-0.76-0.220.03-0.93-0.980.4-0.99-0.96-0.980.610.82-0.770.60.820.61-0.6-0.61
-1.0-0.78-0.980.98-1.00.96-0.791.0-0.76-0.220.03-0.93-0.980.4-0.99-0.96-0.980.610.82-0.770.60.820.61-0.6-0.61
0.720.190.61-0.610.69-0.90.96-0.76-0.76-0.420.60.790.61-0.760.640.890.83-0.94-0.910.73-0.84-0.88-0.940.840.94
0.280.70.41-0.420.310.06-0.21-0.22-0.22-0.42-0.780.020.410.370.380.030.10.580.110.150.570.060.58-0.57-0.58
-0.06-0.61-0.230.2-0.11-0.210.560.030.030.6-0.780.13-0.23-0.65-0.180.240.13-0.71-0.390.2-0.39-0.36-0.710.390.71
0.920.670.85-0.870.91-0.950.77-0.93-0.930.790.020.130.85-0.280.880.940.96-0.77-0.710.56-0.63-0.69-0.770.630.77
0.980.881.0-1.00.99-0.880.67-0.98-0.980.610.41-0.230.85-0.31.00.890.92-0.43-0.740.75-0.47-0.75-0.430.470.42
-0.370.17-0.30.3-0.360.52-0.810.40.4-0.760.37-0.65-0.28-0.3-0.32-0.56-0.450.60.85-0.820.580.850.6-0.58-0.6
0.990.861.0-1.01.0-0.90.7-0.99-0.990.640.38-0.180.881.0-0.320.910.94-0.47-0.760.76-0.49-0.77-0.470.490.47
0.950.60.89-0.90.94-0.980.92-0.96-0.960.890.030.240.940.89-0.560.910.99-0.77-0.90.81-0.65-0.89-0.770.650.77
0.980.690.92-0.930.97-0.980.86-0.98-0.980.830.10.130.960.92-0.450.940.99-0.73-0.850.76-0.63-0.84-0.730.630.73
-0.58-0.04-0.430.44-0.530.8-0.850.610.61-0.940.58-0.71-0.77-0.430.6-0.47-0.77-0.730.73-0.470.80.691.0-0.8-1.0
-0.8-0.34-0.740.74-0.790.87-0.960.820.82-0.910.11-0.39-0.71-0.740.85-0.76-0.9-0.850.73-0.950.711.00.73-0.71-0.73
0.770.420.75-0.750.77-0.740.85-0.77-0.770.730.150.20.560.75-0.820.760.810.76-0.47-0.95-0.49-0.96-0.470.490.47
-0.54-0.11-0.470.44-0.530.77-0.670.60.6-0.840.57-0.39-0.63-0.470.58-0.49-0.65-0.630.80.71-0.490.670.8-1.0-0.8
-0.8-0.36-0.750.75-0.790.86-0.950.820.82-0.880.06-0.36-0.69-0.750.85-0.77-0.89-0.840.691.0-0.960.670.69-0.67-0.69
-0.58-0.04-0.430.44-0.530.8-0.850.610.61-0.940.58-0.71-0.77-0.430.6-0.47-0.77-0.731.00.73-0.470.80.69-0.8-1.0
0.540.110.47-0.440.53-0.770.67-0.6-0.60.84-0.570.390.630.47-0.580.490.650.63-0.8-0.710.49-1.0-0.67-0.80.8
0.570.040.42-0.440.53-0.80.85-0.61-0.610.94-0.580.710.770.42-0.60.470.770.73-1.0-0.730.47-0.8-0.69-1.00.8
Click cells to compare fundamentals

Alkemy Capital Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Alkemy Stock

Balance Sheet is a snapshot of the financial position of Alkemy Capital Inves at a specified time, usually calculated after every quarter, six months, or one year. Alkemy Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alkemy Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Alkemy currently owns. An asset can also be divided into two categories, current and non-current.