Alerus Free Cash Flow vs Dividends Paid 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 Free Cash Flow and its Dividends Paid 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.

Free Cash Flow vs Dividends Paid

Free Cash Flow vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alerus Financial Corp Free Cash Flow account and Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Alerus Financial's Free Cash Flow and Dividends Paid is 0.14. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Dividends Paid 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 Free Cash Flow and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Alerus Financial Corp are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Free Cash Flow i.e., Alerus Financial's Free Cash Flow and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
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 Profit230.2M208.8M166.2M148.1M
Total Revenue230.2M208.8M166.2M153.1M

Alerus Financial fundamental ratios Correlations

0.97-0.460.990.210.320.450.65-0.430.33-0.070.480.650.560.63-0.660.50.50.40.57-0.20.930.380.82-0.440.12
0.97-0.60.980.190.350.310.59-0.550.16-0.010.530.560.660.65-0.610.410.460.370.61-0.140.920.330.82-0.420.02
-0.46-0.6-0.510.24-0.30.28-0.290.370.0-0.1-0.18-0.46-0.62-0.360.18-0.26-0.46-0.41-0.28-0.08-0.63-0.38-0.68-0.020.44
0.990.98-0.510.210.290.390.62-0.470.3-0.040.510.650.560.62-0.640.510.490.380.59-0.160.930.360.83-0.430.09
0.210.190.240.210.330.250.43-0.57-0.33-0.380.41-0.260.190.35-0.39-0.36-0.19-0.240.52-0.37-0.05-0.28-0.05-0.510.52
0.320.35-0.30.290.330.250.59-0.41-0.19-0.270.3-0.060.420.37-0.41-0.430.080.060.52-0.340.20.010.19-0.380.3
0.450.310.280.390.250.250.60.040.43-0.550.060.24-0.040.24-0.780.20.070.110.19-0.680.210.110.26-0.690.74
0.650.59-0.290.620.430.590.6-0.440.18-0.570.290.360.360.51-0.780.090.210.20.57-0.620.480.170.53-0.660.51
-0.43-0.550.37-0.47-0.57-0.410.04-0.440.620.13-0.840.2-0.37-0.310.350.340.280.38-0.890.11-0.270.44-0.20.57-0.27
0.330.160.00.3-0.33-0.190.430.180.62-0.1-0.390.83-0.020.16-0.260.840.670.67-0.34-0.180.430.720.530.1-0.05
-0.07-0.01-0.1-0.04-0.38-0.27-0.55-0.570.13-0.10.04-0.02-0.1-0.260.750.11-0.02-0.08-0.250.980.05-0.05-0.170.7-0.7
0.480.53-0.180.510.410.30.060.29-0.84-0.390.04-0.090.070.08-0.3-0.15-0.35-0.50.920.030.28-0.520.16-0.570.36
0.650.56-0.460.65-0.26-0.060.240.360.20.83-0.02-0.090.350.41-0.360.920.80.75-0.02-0.10.780.770.870.03-0.25
0.560.66-0.620.560.190.42-0.040.36-0.37-0.02-0.10.070.350.87-0.350.150.680.660.23-0.170.670.60.67-0.02-0.29
0.630.65-0.360.620.350.370.240.51-0.310.16-0.260.080.410.87-0.50.230.670.640.26-0.350.650.590.67-0.17-0.04
-0.66-0.610.18-0.64-0.39-0.41-0.78-0.780.35-0.260.75-0.3-0.36-0.35-0.5-0.2-0.24-0.24-0.540.84-0.49-0.2-0.60.86-0.66
0.50.41-0.260.51-0.36-0.430.20.090.340.840.11-0.150.920.150.23-0.20.680.64-0.20.040.640.670.710.13-0.3
0.50.46-0.460.49-0.190.080.070.210.280.67-0.02-0.350.80.680.67-0.240.680.98-0.23-0.120.710.980.770.27-0.42
0.40.37-0.410.38-0.240.060.110.20.380.67-0.08-0.50.750.660.64-0.240.640.98-0.35-0.180.621.00.710.29-0.41
0.570.61-0.280.590.520.520.190.57-0.89-0.34-0.250.92-0.020.230.26-0.54-0.2-0.23-0.35-0.260.37-0.390.3-0.730.49
-0.2-0.14-0.08-0.16-0.37-0.34-0.68-0.620.11-0.180.980.03-0.1-0.17-0.350.840.04-0.12-0.18-0.26-0.06-0.15-0.270.74-0.71
0.930.92-0.630.93-0.050.20.210.48-0.270.430.050.280.780.670.65-0.490.640.710.620.37-0.060.60.91-0.16-0.19
0.380.33-0.380.36-0.280.010.110.170.440.72-0.05-0.520.770.60.59-0.20.670.981.0-0.39-0.150.60.690.33-0.43
0.820.82-0.680.83-0.050.190.260.53-0.20.53-0.170.160.870.670.67-0.60.710.770.710.3-0.270.910.69-0.23-0.15
-0.44-0.42-0.02-0.43-0.51-0.38-0.69-0.660.570.10.7-0.570.03-0.02-0.170.860.130.270.29-0.730.74-0.160.33-0.23-0.85
0.120.020.440.090.520.30.740.51-0.27-0.05-0.70.36-0.25-0.29-0.04-0.66-0.3-0.42-0.410.49-0.71-0.19-0.43-0.15-0.85
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Alerus Financial Account Relationship Matchups

Alerus Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B3.0B3.4B3.8B3.9B2.1B
Total Stockholder Equity285.7M330.2M359.4M356.9M369.1M210.9M
Other Liab308K800K159K1.1M990K940.5K
Retained Earnings178.1M212.2M253.6M280.4M272.7M152.5M
Accounts Payable2.0B45.0M2.9B64.5M74.1M70.4M
Cash144.0M173.0M242.3M58.2M129.9M122.3M
Other Assets1.5B1.6B1.0B1.8B2.1B1.3B
Long Term Debt58.1M58.7M58.9M58.8M59.0M47.9M
Inventory(170.0M)(201.6M)(280.8M)(77.9M)106.8M112.1M
Total Liab67.6M66.6M63.2M3.4B3.5B3.7B
Common Stock17.1M17.1M17.2M20.0M19.7M14.3M
Short Term Investments310.4M592.3M853.6M717.3M(101M)(96.0M)
Short Long Term Debt Total67.6M66.6M63.2M442.8M378.9M397.8M
Other Current Liab1.9B2.5B2.8B(378.1M)2.6B2.7B
Total Current Liabilities1.9B2.5B2.8B378.1M2.9B3.1B
Property Plant And Equipment Net29.0M27.2M22.1M22.7M23.4M34.4M
Net Debt(76.4M)(106.4M)(179.1M)384.6M249.0M261.4M
Non Current Assets Total391.7M677.7M1.3B1.1B3.9B4.1B
Non Currrent Assets Other(7.9M)(9.4M)(11.6M)(42.4M)3.7B3.9B
Cash And Short Term Investments454.4M765.3M1.1B775.6M28.9M27.4M
Common Stock Total Equity17.1M17.1M17.2M20.0M18.0M14.3M
Common Stock Shares Outstanding15.1M17.4M17.5M18.9M20.1M16.7M
Liabilities And Stockholders Equity2.4B3.0B3.4B3.8B3.9B2.4B
Non Current Liabilities Total67.6M66.6M63.2M378.1M3.5B3.7B
Other Stockholder Equity88.7M90.2M92.9M155.1M150.3M157.9M
Property Plant And Equipment Gross29.0M27.2M22.1M22.7M74.9M78.6M
Total Current Assets461.9M775.0M1.1B823.6M28.9M27.4M
Accumulated Other Comprehensive Income1.9M10.6M(4.3M)(98.6M)(73.7M)(70.0M)
Intangible Assets22.2M27.9M22.1M25.1M19.2M26.5M
Property Plant Equipment29.0M20.3M22.1M22.7M26.1M25.0M
Net Tangible Assets240.0M274.0M307.7M287.3M330.4M207.4M
Net Receivables7.6M9.7M8.5M12.9M57.3M60.1M
Other Current Assets170.0M201.6M280.8M113.1M193.0M183.3M
Long Term Investments313.2M2.7B1.2B1.0B786.3M792.9M
Short Term Debt2.4M2.0M1.9M378.1M314.2M329.9M
Retained Earnings Total Equity178.1M212.2M253.6M280.4M322.5M338.6M
Long Term Debt Total58.8M58.7M58.9M58.8M67.7M56.6M
Capital Surpluse88.7M90.2M92.9M155.1M178.4M187.3M

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