Alerus Ebit vs Operating Income Analysis

ALRS Stock

USD 19.99 0.17 0.86%

Alerus Financial financial indicator trend analysis is way more than just evaluating Alerus Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alerus Financial Corp is a good investment. Please check the relationship between Alerus Financial Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alerus Financial 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 metropolitan statistical area.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alerus Financial Corp Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Alerus Financial's Ebit and Operating Income is 0.93. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Alerus Financial Corp, assuming nothing else is changed. The correlation between historical values of Alerus Financial's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Alerus Financial Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Alerus Financial's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Ebit

Operating Income

Operating Income is the amount of profit realized from Alerus Financial Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Alerus Financial Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Alerus Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alerus Financial 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 Alerus Financial 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 metropolitan statistical area.

At this time, Alerus Financial's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.53 in 2024, whereas Selling General Administrative is likely to drop slightly above 71.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	230.2M	208.8M	166.2M	148.1M
Total Revenue	230.2M	208.8M	166.2M	153.1M

Gross Profit Total Revenue

Alerus Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Total Liab	Common Stock	Short Term Investments	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.97	-0.46	0.99	0.21	0.32	0.45	0.65	-0.43	0.33	-0.07	0.48	0.65	0.56	0.63	-0.66	0.5	0.5	0.4	0.57	-0.2	0.93	0.38	0.82	-0.44	0.12
Total Stockholder Equity	0.97		-0.6	0.98	0.19	0.35	0.31	0.59	-0.55	0.16	-0.01	0.53	0.56	0.66	0.65	-0.61	0.41	0.46	0.37	0.61	-0.14	0.92	0.33	0.82	-0.42	0.02
Other Liab	-0.46	-0.6		-0.51	0.24	-0.3	0.28	-0.29	0.37	0.0	-0.1	-0.18	-0.46	-0.62	-0.36	0.18	-0.26	-0.46	-0.41	-0.28	-0.08	-0.63	-0.38	-0.68	-0.02	0.44
Retained Earnings	0.99	0.98	-0.51		0.21	0.29	0.39	0.62	-0.47	0.3	-0.04	0.51	0.65	0.56	0.62	-0.64	0.51	0.49	0.38	0.59	-0.16	0.93	0.36	0.83	-0.43	0.09
Accounts Payable	0.21	0.19	0.24	0.21		0.33	0.25	0.43	-0.57	-0.33	-0.38	0.41	-0.26	0.19	0.35	-0.39	-0.36	-0.19	-0.24	0.52	-0.37	-0.05	-0.28	-0.05	-0.51	0.52
Cash	0.32	0.35	-0.3	0.29	0.33		0.25	0.59	-0.41	-0.19	-0.27	0.3	-0.06	0.42	0.37	-0.41	-0.43	0.08	0.06	0.52	-0.34	0.2	0.01	0.19	-0.38	0.3
Other Assets	0.45	0.31	0.28	0.39	0.25	0.25		0.6	0.04	0.43	-0.55	0.06	0.24	-0.04	0.24	-0.78	0.2	0.07	0.11	0.19	-0.68	0.21	0.11	0.26	-0.69	0.74
Long Term Debt	0.65	0.59	-0.29	0.62	0.43	0.59	0.6		-0.44	0.18	-0.57	0.29	0.36	0.36	0.51	-0.78	0.09	0.21	0.2	0.57	-0.62	0.48	0.17	0.53	-0.66	0.51
Inventory	-0.43	-0.55	0.37	-0.47	-0.57	-0.41	0.04	-0.44		0.62	0.13	-0.84	0.2	-0.37	-0.31	0.35	0.34	0.28	0.38	-0.89	0.11	-0.27	0.44	-0.2	0.57	-0.27
Total Liab	0.33	0.16	0.0	0.3	-0.33	-0.19	0.43	0.18	0.62		-0.1	-0.39	0.83	-0.02	0.16	-0.26	0.84	0.67	0.67	-0.34	-0.18	0.43	0.72	0.53	0.1	-0.05
Common Stock	-0.07	-0.01	-0.1	-0.04	-0.38	-0.27	-0.55	-0.57	0.13	-0.1		0.04	-0.02	-0.1	-0.26	0.75	0.11	-0.02	-0.08	-0.25	0.98	0.05	-0.05	-0.17	0.7	-0.7
Short Term Investments	0.48	0.53	-0.18	0.51	0.41	0.3	0.06	0.29	-0.84	-0.39	0.04		-0.09	0.07	0.08	-0.3	-0.15	-0.35	-0.5	0.92	0.03	0.28	-0.52	0.16	-0.57	0.36
Short Long Term Debt Total	0.65	0.56	-0.46	0.65	-0.26	-0.06	0.24	0.36	0.2	0.83	-0.02	-0.09		0.35	0.41	-0.36	0.92	0.8	0.75	-0.02	-0.1	0.78	0.77	0.87	0.03	-0.25
Other Current Liab	0.56	0.66	-0.62	0.56	0.19	0.42	-0.04	0.36	-0.37	-0.02	-0.1	0.07	0.35		0.87	-0.35	0.15	0.68	0.66	0.23	-0.17	0.67	0.6	0.67	-0.02	-0.29
Total Current Liabilities	0.63	0.65	-0.36	0.62	0.35	0.37	0.24	0.51	-0.31	0.16	-0.26	0.08	0.41	0.87		-0.5	0.23	0.67	0.64	0.26	-0.35	0.65	0.59	0.67	-0.17	-0.04
Property Plant And Equipment Net	-0.66	-0.61	0.18	-0.64	-0.39	-0.41	-0.78	-0.78	0.35	-0.26	0.75	-0.3	-0.36	-0.35	-0.5		-0.2	-0.24	-0.24	-0.54	0.84	-0.49	-0.2	-0.6	0.86	-0.66
Net Debt	0.5	0.41	-0.26	0.51	-0.36	-0.43	0.2	0.09	0.34	0.84	0.11	-0.15	0.92	0.15	0.23	-0.2		0.68	0.64	-0.2	0.04	0.64	0.67	0.71	0.13	-0.3
Non Current Assets Total	0.5	0.46	-0.46	0.49	-0.19	0.08	0.07	0.21	0.28	0.67	-0.02	-0.35	0.8	0.68	0.67	-0.24	0.68		0.98	-0.23	-0.12	0.71	0.98	0.77	0.27	-0.42
Non Currrent Assets Other	0.4	0.37	-0.41	0.38	-0.24	0.06	0.11	0.2	0.38	0.67	-0.08	-0.5	0.75	0.66	0.64	-0.24	0.64	0.98		-0.35	-0.18	0.62	1.0	0.71	0.29	-0.41
Cash And Short Term Investments	0.57	0.61	-0.28	0.59	0.52	0.52	0.19	0.57	-0.89	-0.34	-0.25	0.92	-0.02	0.23	0.26	-0.54	-0.2	-0.23	-0.35		-0.26	0.37	-0.39	0.3	-0.73	0.49
Common Stock Total Equity	-0.2	-0.14	-0.08	-0.16	-0.37	-0.34	-0.68	-0.62	0.11	-0.18	0.98	0.03	-0.1	-0.17	-0.35	0.84	0.04	-0.12	-0.18	-0.26		-0.06	-0.15	-0.27	0.74	-0.71
Common Stock Shares Outstanding	0.93	0.92	-0.63	0.93	-0.05	0.2	0.21	0.48	-0.27	0.43	0.05	0.28	0.78	0.67	0.65	-0.49	0.64	0.71	0.62	0.37	-0.06		0.6	0.91	-0.16	-0.19
Non Current Liabilities Total	0.38	0.33	-0.38	0.36	-0.28	0.01	0.11	0.17	0.44	0.72	-0.05	-0.52	0.77	0.6	0.59	-0.2	0.67	0.98	1.0	-0.39	-0.15	0.6		0.69	0.33	-0.43
Other Stockholder Equity	0.82	0.82	-0.68	0.83	-0.05	0.19	0.26	0.53	-0.2	0.53	-0.17	0.16	0.87	0.67	0.67	-0.6	0.71	0.77	0.71	0.3	-0.27	0.91	0.69		-0.23	-0.15
Property Plant And Equipment Gross	-0.44	-0.42	-0.02	-0.43	-0.51	-0.38	-0.69	-0.66	0.57	0.1	0.7	-0.57	0.03	-0.02	-0.17	0.86	0.13	0.27	0.29	-0.73	0.74	-0.16	0.33	-0.23		-0.85
Total Current Assets	0.12	0.02	0.44	0.09	0.52	0.3	0.74	0.51	-0.27	-0.05	-0.7	0.36	-0.25	-0.29	-0.04	-0.66	-0.3	-0.42	-0.41	0.49	-0.71	-0.19	-0.43	-0.15	-0.85

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Alerus Financial Account Relationship Matchups

Alerus Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	3.0B	3.4B	3.8B	3.9B	2.1B
Total Stockholder Equity	285.7M	330.2M	359.4M	356.9M	369.1M	210.9M
Other Liab	308K	800K	159K	1.1M	990K	940.5K
Retained Earnings	178.1M	212.2M	253.6M	280.4M	272.7M	152.5M
Accounts Payable	2.0B	45.0M	2.9B	64.5M	74.1M	70.4M
Cash	144.0M	173.0M	242.3M	58.2M	129.9M	122.3M
Other Assets	1.5B	1.6B	1.0B	1.8B	2.1B	1.3B
Long Term Debt	58.1M	58.7M	58.9M	58.8M	59.0M	47.9M
Inventory	(170.0M)	(201.6M)	(280.8M)	(77.9M)	106.8M	112.1M
Total Liab	67.6M	66.6M	63.2M	3.4B	3.5B	3.7B
Common Stock	17.1M	17.1M	17.2M	20.0M	19.7M	14.3M
Short Term Investments	310.4M	592.3M	853.6M	717.3M	(101M)	(96.0M)
Short Long Term Debt Total	67.6M	66.6M	63.2M	442.8M	378.9M	397.8M
Other Current Liab	1.9B	2.5B	2.8B	(378.1M)	2.6B	2.7B
Total Current Liabilities	1.9B	2.5B	2.8B	378.1M	2.9B	3.1B
Property Plant And Equipment Net	29.0M	27.2M	22.1M	22.7M	23.4M	34.4M
Net Debt	(76.4M)	(106.4M)	(179.1M)	384.6M	249.0M	261.4M
Non Current Assets Total	391.7M	677.7M	1.3B	1.1B	3.9B	4.1B
Non Currrent Assets Other	(7.9M)	(9.4M)	(11.6M)	(42.4M)	3.7B	3.9B
Cash And Short Term Investments	454.4M	765.3M	1.1B	775.6M	28.9M	27.4M
Common Stock Total Equity	17.1M	17.1M	17.2M	20.0M	18.0M	14.3M
Common Stock Shares Outstanding	15.1M	17.4M	17.5M	18.9M	20.1M	16.7M
Liabilities And Stockholders Equity	2.4B	3.0B	3.4B	3.8B	3.9B	2.4B
Non Current Liabilities Total	67.6M	66.6M	63.2M	378.1M	3.5B	3.7B
Other Stockholder Equity	88.7M	90.2M	92.9M	155.1M	150.3M	157.9M
Property Plant And Equipment Gross	29.0M	27.2M	22.1M	22.7M	74.9M	78.6M
Total Current Assets	461.9M	775.0M	1.1B	823.6M	28.9M	27.4M
Accumulated Other Comprehensive Income	1.9M	10.6M	(4.3M)	(98.6M)	(73.7M)	(70.0M)
Intangible Assets	22.2M	27.9M	22.1M	25.1M	19.2M	26.5M
Property Plant Equipment	29.0M	20.3M	22.1M	22.7M	26.1M	25.0M
Net Tangible Assets	240.0M	274.0M	307.7M	287.3M	330.4M	207.4M
Net Receivables	7.6M	9.7M	8.5M	12.9M	57.3M	60.1M
Other Current Assets	170.0M	201.6M	280.8M	113.1M	193.0M	183.3M
Long Term Investments	313.2M	2.7B	1.2B	1.0B	786.3M	792.9M
Short Term Debt	2.4M	2.0M	1.9M	378.1M	314.2M	329.9M
Retained Earnings Total Equity	178.1M	212.2M	253.6M	280.4M	322.5M	338.6M
Long Term Debt Total	58.8M	58.7M	58.9M	58.8M	67.7M	56.6M
Capital Surpluse	88.7M	90.2M	92.9M	155.1M	178.4M	187.3M

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