Alliance Minority Interest vs Net Income From Continuing Ops Analysis

ARLP Stock

USD 26.76 0.17 0.63%

Alliance Resource financial indicator trend analysis is way more than just evaluating Alliance Resource prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliance Resource is a good investment. Please check the relationship between Alliance Resource Minority Interest and its Net Income From Continuing Ops accounts. 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.

Minority Interest vs Net Income From Continuing Ops

Minority Interest vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Resource Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Alliance Resource's Minority Interest and Net Income From Continuing Ops is -0.51. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Alliance Resource Partners, assuming nothing else is changed. The correlation between historical values of Alliance Resource's Minority Interest and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Alliance Resource Partners are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., Alliance Resource's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Alliance Resource Partners whose combined shares represent less than 50% of the total outstanding shares issued by Alliance Resource have a minority interest in Alliance Resource.

Net Income From Continuing Ops

Most indicators from Alliance Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 02/17/2025, Enterprise Value Over EBITDA is likely to grow to 6.78, while Enterprise Value is likely to drop slightly above 1.6 B.

	2022	2023	2024	2025 (projected)
Interest Expense	37.3M	36.1M	35.2M	29.7M
Depreciation And Amortization	273.8M	268.0M	285.4M	192.8M

Interest Expense Depreciation And Amortization

Alliance Resource fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Current Deferred Revenue
Total Assets		0.36	0.44	0.78	0.4	0.89	-0.08	-0.35	0.39	0.48	-0.41	0.53	0.15	0.17	0.85	0.52	-0.18	-0.26	0.68	0.4	0.76	0.71	0.59	0.25	0.56	-0.02
Short Long Term Debt Total	0.36		0.65	0.03	0.93	0.3	-0.66	0.39	-0.21	0.57	0.24	0.91	0.53	0.5	0.3	0.32	0.0	-0.08	-0.08	-0.41	0.0	0.03	-0.26	-0.01	0.18	-0.52
Total Current Liabilities	0.44	0.65		0.35	0.6	0.48	-0.69	0.0	0.0	0.26	0.02	0.74	0.85	0.88	0.41	0.48	0.0	-0.07	0.22	-0.25	0.34	0.47	0.04	0.3	0.44	-0.75
Total Stockholder Equity	0.78	0.03	0.35		0.01	0.93	0.15	-0.81	0.54	0.27	-0.68	0.31	-0.03	0.1	0.92	0.57	0.05	-0.01	0.93	0.71	0.89	0.93	0.91	0.57	0.64	0.17
Net Debt	0.4	0.93	0.6	0.01		0.29	-0.7	0.46	-0.31	0.41	0.33	0.81	0.57	0.53	0.27	0.19	-0.37	-0.44	-0.13	-0.43	0.06	-0.01	-0.31	-0.27	0.1	-0.58
Non Current Assets Total	0.89	0.3	0.48	0.93	0.29		0.02	-0.58	0.56	0.53	-0.62	0.56	0.1	0.16	0.98	0.57	-0.02	-0.1	0.8	0.61	0.84	0.86	0.76	0.46	0.74	0.08
Non Currrent Assets Other	-0.08	-0.66	-0.69	0.15	-0.7	0.02		-0.46	0.45	-0.03	-0.5	-0.53	-0.74	-0.84	0.1	-0.17	0.22	0.26	0.2	0.75	0.2	0.11	0.47	0.19	0.09	0.89
Other Assets	-0.35	0.39	0.0	-0.81	0.46	-0.58	-0.46		-0.48	-0.01	0.75	0.11	0.35	0.21	-0.61	-0.47	-0.26	-0.25	-0.87	-0.75	-0.7	-0.76	-0.87	-0.69	-0.44	-0.45
Common Stock Shares Outstanding	0.39	-0.21	0.0	0.54	-0.31	0.56	0.45	-0.48		0.51	-0.81	0.13	-0.29	-0.3	0.55	0.32	0.31	0.27	0.43	0.75	0.4	0.47	0.6	0.56	0.78	0.49
Non Current Liabilities Total	0.48	0.57	0.26	0.27	0.41	0.53	-0.03	-0.01	0.51		-0.35	0.74	-0.09	-0.14	0.53	0.51	0.32	0.23	0.22	0.2	0.1	0.21	0.16	0.41	0.67	0.2
Other Stockholder Equity	-0.41	0.24	0.02	-0.68	0.33	-0.62	-0.5	0.75	-0.81	-0.35		-0.05	0.31	0.3	-0.61	-0.32	-0.29	-0.28	-0.66	-0.79	-0.61	-0.56	-0.66	-0.6	-0.6	-0.5
Total Liab	0.53	0.91	0.74	0.31	0.81	0.56	-0.53	0.11	0.13	0.74	-0.05		0.45	0.45	0.55	0.59	0.1	0.0	0.18	-0.14	0.21	0.31	0.03	0.3	0.55	-0.37
Short Term Debt	0.15	0.53	0.85	-0.03	0.57	0.1	-0.74	0.35	-0.29	-0.09	0.31	0.45		0.94	0.02	0.01	-0.22	-0.26	-0.19	-0.5	0.09	0.11	-0.32	-0.14	0.05	-0.93
Other Current Liab	0.17	0.5	0.88	0.1	0.53	0.16	-0.84	0.21	-0.3	-0.14	0.3	0.45	0.94		0.08	0.14	-0.18	-0.22	-0.02	-0.5	0.13	0.2	-0.2	-0.03	0.05	-0.95
Property Plant And Equipment Net	0.85	0.3	0.41	0.92	0.27	0.98	0.1	-0.61	0.55	0.53	-0.61	0.55	0.02	0.08		0.54	0.0	-0.08	0.78	0.67	0.82	0.85	0.8	0.47	0.74	0.17
Accounts Payable	0.52	0.32	0.48	0.57	0.19	0.57	-0.17	-0.47	0.32	0.51	-0.32	0.59	0.01	0.14	0.54		0.29	0.21	0.64	0.14	0.43	0.58	0.43	0.77	0.63	-0.01
Cash	-0.18	0.0	0.0	0.05	-0.37	-0.02	0.22	-0.26	0.31	0.32	-0.29	0.1	-0.22	-0.18	0.0	0.29		0.99	0.14	0.12	-0.16	0.1	0.17	0.68	0.16	0.27
Cash And Short Term Investments	-0.26	-0.08	-0.07	-0.01	-0.44	-0.1	0.26	-0.25	0.27	0.23	-0.28	0.0	-0.26	-0.22	-0.08	0.21	0.99		0.1	0.11	-0.19	0.04	0.13	0.64	0.07	0.29
Net Receivables	0.68	-0.08	0.22	0.93	-0.13	0.8	0.2	-0.87	0.43	0.22	-0.66	0.18	-0.19	-0.02	0.78	0.64	0.14	0.1		0.63	0.8	0.87	0.86	0.63	0.49	0.26
Short Term Investments	0.4	-0.41	-0.25	0.71	-0.43	0.61	0.75	-0.75	0.75	0.2	-0.79	-0.14	-0.5	-0.5	0.67	0.14	0.12	0.11	0.63		0.65	0.62	0.87	0.42	0.55	0.72
Inventory	0.76	0.0	0.34	0.89	0.06	0.84	0.2	-0.7	0.4	0.1	-0.61	0.21	0.09	0.13	0.82	0.43	-0.16	-0.19	0.8	0.65		0.83	0.79	0.39	0.5	0.07
Other Current Assets	0.71	0.03	0.47	0.93	-0.01	0.86	0.11	-0.76	0.47	0.21	-0.56	0.31	0.11	0.2	0.85	0.58	0.1	0.04	0.87	0.62	0.83		0.85	0.57	0.64	0.08
Property Plant And Equipment Gross	0.59	-0.26	0.04	0.91	-0.31	0.76	0.47	-0.87	0.6	0.16	-0.66	0.03	-0.32	-0.2	0.8	0.43	0.17	0.13	0.86	0.87	0.79	0.85		0.58	0.57	0.47
Total Current Assets	0.25	-0.01	0.3	0.57	-0.27	0.46	0.19	-0.69	0.56	0.41	-0.6	0.3	-0.14	-0.03	0.47	0.77	0.68	0.64	0.63	0.42	0.39	0.57	0.58		0.64	0.23
Other Liab	0.56	0.18	0.44	0.64	0.1	0.74	0.09	-0.44	0.78	0.67	-0.6	0.55	0.05	0.05	0.74	0.63	0.16	0.07	0.49	0.55	0.5	0.64	0.57	0.64		0.16
Current Deferred Revenue	-0.02	-0.52	-0.75	0.17	-0.58	0.08	0.89	-0.45	0.49	0.2	-0.5	-0.37	-0.93	-0.95	0.17	-0.01	0.27	0.29	0.26	0.72	0.07	0.08	0.47	0.23	0.16

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Alliance Resource Account Relationship Matchups

Alliance Resource fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.2B	2.2B	1.0B	2.8B	3.2B	3.4B
Short Long Term Debt Total	609.8M	450.7M	434.3M	350.8M	403.4M	512.4M
Total Current Liabilities	214.6M	177.6M	255.6M	227.5M	261.6M	199.6M
Total Stockholder Equity	1.1B	1.2B	1.6B	1.8B	2.1B	2.2B
Net Debt	554.2M	328.3M	138.3M	291.0M	334.7M	425.0M
Non Current Assets Total	1.9B	1.8B	1.9B	2.3B	2.6B	2.7B
Non Currrent Assets Other	16.6M	76.6M	(35.8M)	94.0M	84.6M	88.9M
Other Assets	75.5M	73.4M	76.6M	(1.5B)	(1.4B)	(1.3B)
Liabilities And Stockholders Equity	2.2B	934.6M	2.7B	2.8B	3.2B	3.4B
Non Current Liabilities Total	879.1M	755.8M	764.4M	702.4M	807.7M	630.4M
Other Stockholder Equity	(1.4B)	(1.2B)	65.2M	(1.7B)	(1.5B)	(1.5B)
Total Liab	1.1B	933.3M	1.0B	929.8M	1.1B	877.5M
Short Term Debt	78.4M	18.7M	25.0M	20.3M	23.4M	22.2M
Other Current Liab	63.6M	71.5M	112.5M	77.9M	89.5M	97.5M
Property Plant And Equipment Net	1.8B	1.7B	1.8B	2.0B	2.3B	2.5B
Accounts Payable	47.5M	69.6M	95.1M	108.3M	124.5M	70.2M
Cash	55.6M	122.4M	296.0M	59.8M	68.8M	90.9M
Cash And Short Term Investments	55.6M	122.4M	296.0M	59.8M	68.8M	100.2M
Net Receivables	108.1M	130.2M	250.0M	292.3M	336.1M	353.0M
Short Term Investments	626.0M	624.0M	653.6M	744.7M	856.4M	899.3M
Inventory	56.4M	60.3M	77.3M	127.6M	146.7M	154.0M
Other Current Assets	25.7M	26.3M	34.2M	36.5M	41.9M	44.0M
Property Plant And Equipment Gross	1.8B	3.6B	3.9B	4.2B	4.8B	5.1B
Total Current Assets	245.8M	339.2M	654.8M	516.1M	593.5M	309.4M
Accumulated Other Comprehensive Income	1.1B	(64.2M)	1.7B	(61.5M)	(70.8M)	(67.2M)
Other Liab	341.0M	345.2M	323.8M	355.1M	408.4M	224.4M
Current Deferred Revenue	(138.7M)	69.2M	69.4M	71.9M	64.7M	67.9M
Long Term Debt	519.4M	418.9M	397.2M	316.8M	364.3M	468.0M
Common Stock	1.1B	1.3B	1.7B	1.9B	2.2B	2.3B
Property Plant Equipment	2.0B	1.8B	1.7B	1.8B	2.1B	1.2B
Net Tangible Assets	1.1B	1.1B	1.2B	1.6B	1.9B	1.1B
Long Term Debt Total	768.2M	519.4M	418.9M	397.2M	357.5M	488.3M
Capital Lease Obligations	17.2M	15.6M	12.1M	13.7M	15.7M	29.4M
Non Current Liabilities Other	359.7M	22.3M	124.9M	18.4M	16.5M	15.7M
Long Term Investments	27.3M	26.3M	91.4M	139.0M	125.1M	87.0M

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

0.73

NACCO Industries

Pair Corr

Moving against Alliance Stock

0.47

Empire Petroleum Corp

Pair Corr

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 Correlation Correlation 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.

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