Alto Historical Balance Sheet
ALTO Stock | USD 1.74 0.09 4.92% |
Trend analysis of Alto Ingredients balance sheet accounts such as Short Long Term Debt Total of 118.6 M, Other Current Liabilities of 48.5 M or Total Current Liabilities of 71.7 M provides information on Alto Ingredients' total assets, liabilities, and equity, which is the actual value of Alto Ingredients to its prevalent stockholders. By breaking down trends over time using Alto Ingredients balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Alto Ingredients 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 Alto Ingredients is a good buy for the upcoming year.
Alto Ingredients Inventory |
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About Alto Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Alto Ingredients at a specified time, usually calculated after every quarter, six months, or one year. Alto Ingredients Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alto Ingredients and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Alto currently owns. An asset can also be divided into two categories, current and non-current.
Alto Ingredients Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Alto Ingredients assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Alto Ingredients books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Alto Ingredients balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alto Ingredients are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Alto Ingredients' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Alto Ingredients current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Alto Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Alto Stock, please use our How to Invest in Alto Ingredients guide.At this time, Alto Ingredients' Other Liabilities is very stable compared to the past year. As of the 8th of January 2025, Property Plant Equipment is likely to grow to about 289 M, while Total Assets are likely to drop about 363.8 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 87.3M | 105.5M | 121.3M | 118.6M | Total Assets | 478.3M | 454.2M | 522.4M | 363.8M |
Alto Ingredients balance sheet Correlations
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Alto Ingredients Account Relationship Matchups
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Alto Ingredients balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 476.8M | 485.0M | 478.3M | 454.2M | 522.4M | 363.8M | |
Short Long Term Debt Total | 108.2M | 63.7M | 87.3M | 105.5M | 121.3M | 118.6M | |
Other Current Liab | 46.2M | 38.5M | 42.2M | 40.2M | 46.2M | 48.5M | |
Total Current Liabilities | 86.9M | 69.6M | 78.0M | 65.3M | 75.1M | 71.7M | |
Total Stockholder Equity | 296.2M | 345.2M | 308.1M | 279.6M | 321.5M | 169.5M | |
Property Plant And Equipment Net | 240.5M | 236.0M | 258.0M | 271.3M | 312.0M | 234.4M | |
Net Debt | 60.6M | 13.0M | 50.8M | 75.4M | 86.8M | 85.7M | |
Retained Earnings | (736.6M) | (691.8M) | (734.6M) | (763.9M) | (687.5M) | (653.1M) | |
Accounts Payable | 13.0M | 23.3M | 28.1M | 20.8M | 23.9M | 18.7M | |
Cash | 47.7M | 50.6M | 36.5M | 30.0M | 34.5M | 23.8M | |
Non Current Assets Total | 262.8M | 255.4M | 279.2M | 285.5M | 328.3M | 252.0M | |
Non Currrent Assets Other | 19.6M | 19.5M | 6.1M | 5.6M | 6.5M | 6.2M | |
Cash And Short Term Investments | 47.7M | 50.6M | 36.5M | 30.0M | 34.5M | 27.3M | |
Net Receivables | 43.5M | 86.9M | 68.7M | 58.7M | 67.5M | 38.1M | |
Common Stock Total Equity | 56K | 72K | 73K | 75K | 67.5K | 60.6K | |
Common Stock Shares Outstanding | 58.6M | 72.2M | 71.9M | 73.3M | 84.3M | 88.6M | |
Liabilities And Stockholders Equity | 476.8M | 485.0M | 478.3M | 454.2M | 522.4M | 363.8M | |
Non Current Liabilities Total | 93.7M | 70.1M | 92.2M | 109.4M | 125.8M | 122.6M | |
Other Current Assets | 81.1M | 37.7M | 27.4M | 27.4M | 31.5M | 33.1M | |
Other Stockholder Equity | 1.0B | 1.0B | 1.0B | 1.0B | 1.2B | 1.3B | |
Total Liab | 180.6M | 139.7M | 170.2M | 174.7M | 200.9M | 170.7M | |
Property Plant And Equipment Gross | 240.5M | 236.0M | 258.0M | 491.5M | 565.2M | 593.5M | |
Total Current Assets | 214.0M | 229.5M | 199.1M | 168.8M | 194.1M | 111.8M | |
Short Term Debt | 27.7M | 7.8M | 7.7M | 4.3M | 5.0M | 4.7M | |
Common Stock | 72K | 73K | 75K | 76K | 68.4K | 60.6K | |
Accumulated Other Comprehensive Income | (3.9M) | (284K) | 1.8M | 2.5M | 2.2M | 2.3M | |
Inventory | 41.8M | 54.4M | 66.6M | 52.6M | 60.5M | 35.2M | |
Current Deferred Revenue | 23.4M | 22.3M | 11.1M | 21.3M | 24.5M | 13.5M | |
Other Liab | 23.1M | 13.1M | 10.4M | 8.8M | 7.9M | 13.6M | |
Net Tangible Assets | 217.1M | 293.6M | 345.2M | 308.1M | 277.3M | 251.4M | |
Other Assets | 19.6M | 19.5M | 6.1M | 1.0 | 1.15 | 1.09 | |
Property Plant Equipment | 356.9M | 240.5M | 236.0M | 239.1M | 215.2M | 289.0M | |
Long Term Debt | 71.8M | 50.4M | 68.4M | 82.1M | 73.9M | 87.8M | |
Capital Lease Obligations | 10.9M | 13.3M | 18.9M | 23.4M | 26.9M | 14.4M | |
Net Invested Capital | 393.6M | 395.6M | 376.4M | 361.7M | 325.5M | 357.6M | |
Non Current Liabilities Other | 13.1M | 19.8M | 23.9M | 8.3M | 7.4M | 14.6M | |
Net Working Capital | 127.1M | 159.9M | 121.1M | 103.5M | 119.0M | 99.4M | |
Capital Stock | 73K | 74K | 76K | 77K | 88.6K | 74.1K |
Pair Trading with Alto Ingredients
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 Alto Ingredients 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 Alto Ingredients will appreciate offsetting losses from the drop in the long position's value.Moving together with Alto Stock
Moving against Alto Stock
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The ability to find closely correlated positions to Alto Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alto Ingredients 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 Alto Ingredients - 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 Alto Ingredients to buy it.
The correlation of Alto Ingredients 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 Alto Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alto Ingredients 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 Alto Ingredients 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alto Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Alto Stock, please use our How to Invest in Alto Ingredients guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alto Ingredients. If investors know Alto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alto Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share (0.51) | Revenue Per Share | Quarterly Revenue Growth (0.21) | Return On Assets |
The market value of Alto Ingredients is measured differently than its book value, which is the value of Alto that is recorded on the company's balance sheet. Investors also form their own opinion of Alto Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Alto Ingredients' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alto Ingredients' market value can be influenced by many factors that don't directly affect Alto Ingredients' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alto Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alto Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alto Ingredients' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.