Alliance Historical Income Statement

ARLP Stock  USD 28.23  0.27  0.97%   
Historical analysis of Alliance Resource income statement accounts such as Interest Expense of 29.3 M, Selling General Administrative of 54.8 M or Total Revenue of 1.5 B can show how well Alliance Resource Partners performed in making a profits. Evaluating Alliance Resource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alliance Resource's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Alliance Resource latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alliance Resource is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alliance Resource Partners. 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.

About Alliance Income Statement Analysis

Alliance Resource Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alliance Resource shareholders. The income statement also shows Alliance investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Alliance Resource Income Statement Chart

At this time, Alliance Resource's Non Operating Income Net Other is relatively stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Alliance Resource generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alliance Resource. It is also known as Alliance Resource overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Alliance Resource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alliance Resource current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Alliance Resource Partners. 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.
At this time, Alliance Resource's Non Operating Income Net Other is relatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense39.2M37.3M36.1M29.3M
Depreciation And Amortization261.4M273.8M268.0M188.2M

Alliance Resource income statement Correlations

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0.830.790.490.00.610.070.120.260.80.430.830.120.220.130.07-0.76-0.36-0.170.41-0.010.13-0.68-0.660.66
0.860.790.870.50.90.510.470.490.950.410.860.520.020.520.26-0.85-0.320.30.18-0.070.32-0.45-0.170.28
0.660.490.870.840.980.70.630.550.870.320.660.69-0.10.670.25-0.77-0.220.56-0.010.020.3-0.040.19-0.11
0.270.00.50.840.760.740.630.430.460.150.270.68-0.310.660.2-0.460.020.67-0.310.170.230.450.57-0.52
0.760.610.90.980.760.590.560.470.910.410.760.59-0.040.580.13-0.84-0.230.420.070.070.19-0.10.040.0
0.120.070.510.70.740.590.930.860.47-0.220.120.98-0.150.960.44-0.45-0.410.82-0.09-0.280.46-0.020.58-0.26
0.120.120.470.630.630.560.930.880.46-0.330.120.950.060.960.17-0.46-0.60.770.13-0.310.19-0.070.51-0.09
0.180.260.490.550.430.470.860.880.5-0.440.180.870.00.880.39-0.45-0.70.610.11-0.20.4-0.30.380.14
0.830.80.950.870.460.910.470.460.50.380.830.50.110.50.23-0.83-0.380.310.27-0.110.29-0.46-0.210.29
0.550.430.410.320.150.41-0.22-0.33-0.440.380.55-0.190.13-0.20.04-0.410.4-0.20.150.130.08-0.03-0.54-0.09
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0.130.120.520.690.680.590.980.950.870.5-0.190.130.060.990.44-0.43-0.550.860.13-0.340.46-0.090.48-0.17
0.020.220.02-0.1-0.31-0.04-0.150.060.00.110.130.020.060.08-0.050.11-0.630.150.97-0.27-0.05-0.3-0.480.41
0.150.130.520.670.660.580.960.960.880.5-0.20.150.990.080.4-0.43-0.560.850.14-0.330.41-0.110.47-0.15
0.00.070.260.250.20.130.440.170.390.230.040.00.44-0.050.4-0.02-0.170.43-0.01-0.191.0-0.250.06-0.06
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-0.13-0.36-0.32-0.220.02-0.23-0.41-0.6-0.7-0.380.4-0.13-0.55-0.63-0.56-0.170.21-0.4-0.710.28-0.180.480.08-0.56
-0.1-0.170.30.560.670.420.820.770.610.31-0.2-0.10.860.150.850.43-0.05-0.40.13-0.360.430.130.56-0.36
0.150.410.18-0.01-0.310.07-0.090.130.110.270.150.150.130.970.14-0.01-0.06-0.710.13-0.3-0.01-0.46-0.570.55
0.14-0.01-0.070.020.170.07-0.28-0.31-0.2-0.110.130.14-0.34-0.27-0.33-0.19-0.020.28-0.36-0.3-0.20.52-0.02-0.05
0.050.130.320.30.230.190.460.190.40.290.080.050.46-0.050.411.0-0.09-0.180.43-0.01-0.2-0.270.05-0.05
-0.45-0.68-0.45-0.040.45-0.1-0.02-0.07-0.3-0.46-0.03-0.45-0.09-0.3-0.11-0.250.330.480.13-0.460.52-0.270.55-0.7
-0.38-0.66-0.170.190.570.040.580.510.38-0.21-0.54-0.380.48-0.480.470.060.160.080.56-0.57-0.020.050.55-0.66
0.290.660.28-0.11-0.520.0-0.26-0.090.140.29-0.090.29-0.170.41-0.15-0.06-0.23-0.56-0.360.55-0.05-0.05-0.7-0.66
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Alliance Resource Account Relationship Matchups

Alliance Resource income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization309.1M313.4M261.4M273.8M268.0M188.2M
Interest Expense45.9M45.6M39.2M37.3M36.1M29.3M
Selling General Administrative73.0M59.8M70.2M80.3M79.1M54.8M
Total Revenue2.0B1.3B1.6B2.4B2.6B1.5B
Gross Profit332.5M(23.0M)289.4M738.8M751.5M429.8M
Other Operating Expenses1.7B1.3B1.4B1.7B1.9B1.3B
Operating Income259.5M(82.9M)219.2M658.4M672.4M706.0M
Ebit406.7M(83.6M)217.8M394.7M680.5M714.6M
Ebitda445.1M229.8M217.8M668.5M948.5M995.9M
Cost Of Revenue1.6B1.4B1.3B1.7B1.8B1.1B
Total Operating Expenses1.7B1.4B1.4B1.7B79.1M75.1M
Reconciled Depreciation309.1M313.4M261.4M273.8M268.0M188.2M
Income Before Tax406.7M(129.0M)179.2M633.1M644.5M676.7M
Total Other Income Expense Net147.2M(46.2M)(40.0M)(25.3M)(27.9M)(26.5M)
Net Income399.4M(129.2M)178.2M577.2M630.1M661.6M
Income Tax Expense(211K)35K417K54.0M8.3M8.7M
Net Income Applicable To Common Shares399.4M(129.2M)178.2M579.1M666.0M699.3M
Minority Interest(7.5M)(169K)(598K)(2.0M)(6.1M)(5.7M)
Net Income From Continuing Ops406.9M(129.1M)178.8M579.1M636.2M387.0M
Non Operating Income Net Other193.1M(551K)(802K)12.0M13.8M13.9M
Tax Provision(211K)35K417K54.0M8.3M7.7M
Interest Income379K135K88K2.0M9.4M8.1M
Net Interest Income(45.5M)(45.5M)(39.1M)(35.3M)(26.7M)(28.0M)
Selling And Marketing Expenses3.3M5.0M8.1M3.3M6.2M5.1M

Pair Trading with Alliance Resource

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alliance Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alliance Resource will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alliance Stock

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Moving against Alliance Stock

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The ability to find closely correlated positions to Alliance Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alliance Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alliance Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alliance Resource Partners to buy it.
The correlation of Alliance Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alliance Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alliance Resource moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alliance Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Alliance Stock Analysis

When running Alliance Resource's price analysis, check to measure Alliance Resource's 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 Alliance Resource is operating at the current time. Most of Alliance Resource's value examination focuses on studying past and present price action to predict the probability of Alliance Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Resource's price. Additionally, you may evaluate how the addition of Alliance Resource to your portfolios can decrease your overall portfolio volatility.