Alpha Retained Earnings vs Short Term Investments Analysis

DRTSW Stock  USD 0.28  0.04  16.67%   
Alpha Tau financial indicator trend analysis is way more than just evaluating Alpha Tau Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Tau Medical is a good investment. Please check the relationship between Alpha Tau Retained Earnings and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alpha Tau Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Tau Medical Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Alpha Tau's Retained Earnings and Short Term Investments is -0.81. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Alpha Tau Medical, assuming nothing else is changed. The correlation between historical values of Alpha Tau's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Alpha Tau Medical are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Alpha Tau's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Alpha Tau balance sheet. It contains any investments Alpha Tau Medical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Alpha Tau Medical can easily liquidate in the marketplace.
Most indicators from Alpha Tau's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Tau Medical 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alpha Tau Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Tax Provision is likely to drop to about 13.7 K in 2025. Selling General Administrative is likely to drop to about 4.8 M in 2025
 2022 2023 2024 2025 (projected)
Net Interest Income1.8M4.7M5.4M5.7M
Tax Provision20K16K14.4K13.7K

Alpha Tau fundamental ratios Correlations

0.790.90.910.880.02-0.930.870.510.880.310.99-0.310.150.94-0.51-0.060.860.92-0.370.910.861.00.99-0.95-0.43
0.790.970.590.850.31-0.880.890.840.870.720.72-0.47-0.10.55-0.07-0.150.860.740.110.610.860.730.7-0.71-0.45
0.90.970.750.910.14-0.940.970.710.910.550.85-0.460.090.73-0.29-0.040.90.85-0.140.760.90.850.83-0.83-0.46
0.910.590.750.88-0.28-0.880.770.260.860.10.92-0.310.370.93-0.770.190.840.97-0.61.00.870.920.92-0.98-0.63
0.880.850.910.880.04-0.970.880.641.00.440.85-0.570.110.75-0.45-0.020.990.97-0.220.891.00.850.83-0.92-0.75
0.020.310.14-0.280.04-0.05-0.020.750.070.560.0-0.24-0.92-0.210.81-0.910.13-0.140.87-0.280.04-0.01-0.020.150.08
-0.93-0.88-0.94-0.88-0.97-0.05-0.89-0.64-0.97-0.5-0.90.43-0.08-0.810.44-0.01-0.95-0.960.23-0.89-0.96-0.9-0.890.950.59
0.870.890.970.770.88-0.02-0.890.550.880.350.82-0.550.290.74-0.430.050.870.84-0.30.780.880.830.8-0.81-0.46
0.510.840.710.260.640.75-0.640.550.670.850.46-0.46-0.60.220.39-0.560.690.460.580.280.640.460.43-0.41-0.37
0.880.870.910.861.00.07-0.970.880.670.490.84-0.550.070.73-0.42-0.030.990.96-0.180.881.00.840.83-0.91-0.74
0.310.720.550.10.440.56-0.50.350.850.490.26-0.03-0.550.040.44-0.220.450.290.60.110.440.260.23-0.27-0.25
0.990.720.850.920.850.0-0.90.820.460.840.26-0.240.150.97-0.54-0.070.820.91-0.410.910.821.01.0-0.95-0.42
-0.31-0.47-0.46-0.31-0.57-0.240.43-0.55-0.46-0.55-0.03-0.240.0-0.140.070.35-0.64-0.42-0.08-0.34-0.59-0.26-0.240.290.55
0.15-0.10.090.370.11-0.92-0.080.29-0.60.07-0.550.150.00.33-0.820.80.030.25-0.890.370.120.160.17-0.23-0.12
0.940.550.730.930.75-0.21-0.810.740.220.730.040.97-0.140.33-0.70.090.70.87-0.610.920.720.970.97-0.93-0.35
-0.51-0.07-0.29-0.77-0.450.810.44-0.430.39-0.420.44-0.540.07-0.82-0.7-0.63-0.38-0.630.96-0.76-0.45-0.54-0.550.650.39
-0.06-0.15-0.040.19-0.02-0.91-0.010.05-0.56-0.03-0.22-0.070.350.80.09-0.63-0.120.11-0.670.18-0.01-0.06-0.06-0.11-0.08
0.860.860.90.840.990.13-0.950.870.690.990.450.82-0.640.030.7-0.38-0.120.94-0.140.850.990.830.81-0.88-0.75
0.920.740.850.970.97-0.14-0.960.840.460.960.290.91-0.420.250.87-0.630.110.94-0.430.980.960.920.91-0.98-0.7
-0.370.11-0.14-0.6-0.220.870.23-0.30.58-0.180.6-0.41-0.08-0.89-0.610.96-0.67-0.14-0.43-0.59-0.21-0.41-0.430.470.13
0.910.610.761.00.89-0.28-0.890.780.280.880.110.91-0.340.370.92-0.760.180.850.98-0.590.880.920.92-0.98-0.64
0.860.860.90.871.00.04-0.960.880.641.00.440.82-0.590.120.72-0.45-0.010.990.96-0.210.880.830.81-0.9-0.76
1.00.730.850.920.85-0.01-0.90.830.460.840.261.0-0.260.160.97-0.54-0.060.830.92-0.410.920.831.0-0.96-0.42
0.990.70.830.920.83-0.02-0.890.80.430.830.231.0-0.240.170.97-0.55-0.060.810.91-0.430.920.811.0-0.95-0.41
-0.95-0.71-0.83-0.98-0.920.150.95-0.81-0.41-0.91-0.27-0.950.29-0.23-0.930.65-0.11-0.88-0.980.47-0.98-0.9-0.96-0.950.59
-0.43-0.45-0.46-0.63-0.750.080.59-0.46-0.37-0.74-0.25-0.420.55-0.12-0.350.39-0.08-0.75-0.70.13-0.64-0.76-0.42-0.410.59
Click cells to compare fundamentals

Alpha Tau Account Relationship Matchups

Alpha Tau fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets53.0M42.2M120.1M107.4M123.5M77.9M
Other Current Liab1.1M3.2M1.6M3.5M4.0M2.2M
Total Current Liabilities2.1M4.4M4.3M7.1M8.2M4.2M
Total Stockholder Equity(8.4M)(34.8M)105.7M84.5M97.1M102.0M
Property Plant And Equipment Net5.4M7.5M13.3M21.2M24.3M25.6M
Net Debt38.4M30.7M(643K)619K557.1K529.2K
Retained Earnings(25.6M)(52.8M)(86.6M)(115.8M)(104.2M)(99.0M)
Accounts Payable964K1.2M1.4M2.6M3.0M1.6M
Cash15.6M23.2M5.8M12.7M14.6M13.0M
Non Current Assets Total5.5M9.6M13.7M21.6M24.9M26.1M
Non Currrent Assets Other139K2.0M391K471K541.7K669.9K
Cash And Short Term Investments46.0M31.3M104.5M81.8M94.1M64.2M
Net Receivables5K707K1.1M19K21.9K20.8K
Common Stock Shares Outstanding40.4M40.5M63.5M69.4M79.8M61.9M
Short Term Investments30.4M8.1M98.7M69.1M79.5M51.2M
Liabilities And Stockholders Equity53.0M42.2M120.1M107.4M123.5M77.9M
Non Current Liabilities Total59.3M72.6M10.2M15.8M14.2M13.5M
Inventory(29.8M)(8.2M)(1.1M)(19K)(21.9K)(22.9K)
Other Current Assets1.4M1.3M1.9M4.0M4.6M4.8M
Other Stockholder Equity17.2M18.1M192.3M200.2M230.3M241.8M
Total Liab61.4M77.0M14.5M22.9M20.6M33.2M
Net Invested Capital(8.4M)(34.8M)105.7M90.1M103.6M108.8M
Property Plant And Equipment Gross5.6M8.5M13.3M24.1M27.7M29.1M
Total Current Assets47.5M32.6M106.5M85.8M98.6M66.5M
Net Working Capital45.4M28.2M102.1M78.7M90.5M62.2M

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