Alphamin Accounts Payable vs Cash And Short Term Investments Analysis

AFM Stock

CAD 1.07 0.03 2.88%

Alphamin Res financial indicator trend analysis is way more than just evaluating Alphamin Res prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphamin Res is a good investment. Please check the relationship between Alphamin Res Accounts Payable and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alphamin Res. 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.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphamin Res Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Alphamin Res' Accounts Payable and Cash And Short Term Investments is -0.16. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Alphamin Res, assuming nothing else is changed. The correlation between historical values of Alphamin Res' Accounts Payable and Cash 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 Accounts Payable of Alphamin Res are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Alphamin Res' Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Alphamin Res obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Alphamin Res are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Alphamin Res balance sheet. This account contains Alphamin Res investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Alphamin Res fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Alphamin Res' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphamin Res 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 Alphamin Res. 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.

At this time, Alphamin Res' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.16 in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 8.6 M in 2025.

Alphamin Res fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Inventory	Other Current Assets	Current Deferred Revenue	Net Tangible Assets	Property Plant Equipment	Short Term Investments
Total Assets		0.97	0.99	0.98	0.53	0.7	0.77	0.14	0.98	0.96	0.14	0.94	0.96	0.12	0.97	0.93	0.99	0.74	0.33	0.81	0.94	0.69	0.91	0.98	0.88	0.92
Total Current Liabilities	0.97		0.96	0.94	0.52	0.79	0.78	0.03	0.95	0.98	0.03	0.96	0.9	0.13	0.94	0.91	0.94	0.71	0.23	0.87	0.98	0.64	0.91	0.98	0.79	0.84
Total Stockholder Equity	0.99	0.96		0.95	0.42	0.74	0.72	0.2	0.95	0.96	0.2	0.95	0.95	0.1	0.92	0.96	0.98	0.64	0.37	0.79	0.91	0.75	0.95	0.99	0.84	0.87
Property Plant And Equipment Net	0.98	0.94	0.95		0.66	0.58	0.82	0.05	1.0	0.92	0.05	0.9	0.96	0.12	0.98	0.84	0.97	0.85	0.24	0.84	0.93	0.57	0.83	0.93	0.9	0.95
Net Debt	0.53	0.52	0.42	0.66		0.07	0.71	-0.58	0.65	0.45	-0.58	0.5	0.54	0.1	0.68	0.21	0.51	0.91	-0.42	0.67	0.62	-0.02	0.26	0.43	0.58	0.65
Retained Earnings	0.7	0.79	0.74	0.58	0.07		0.52	0.19	0.61	0.77	0.19	0.81	0.52	0.06	0.6	0.81	0.62	0.27	0.27	0.67	0.74	0.57	0.83	0.81	0.4	0.43
Accounts Payable	0.77	0.78	0.72	0.82	0.71	0.52		-0.16	0.82	0.75	-0.16	0.74	0.72	0.1	0.79	0.58	0.71	0.78	0.0	0.82	0.84	0.24	0.63	0.72	0.69	0.69
Cash	0.14	0.03	0.2	0.05	-0.58	0.19	-0.16		0.05	0.12	1.0	-0.04	0.16	-0.01	0.04	0.32	0.14	-0.24	0.93	-0.29	-0.07	0.32	0.19	0.15	0.18	0.1
Non Current Assets Total	0.98	0.95	0.95	1.0	0.65	0.61	0.82	0.05		0.93	0.05	0.91	0.96	0.12	0.98	0.85	0.97	0.84	0.24	0.85	0.94	0.57	0.85	0.94	0.89	0.94
Other Assets	0.96	0.98	0.96	0.92	0.45	0.77	0.75	0.12	0.93		0.12	0.92	0.92	0.13	0.91	0.93	0.94	0.64	0.34	0.8	0.95	0.69	0.89	0.97	0.81	0.84
Cash And Short Term Investments	0.14	0.03	0.2	0.05	-0.58	0.19	-0.16	1.0	0.05	0.12		-0.04	0.16	-0.01	0.04	0.32	0.14	-0.24	0.93	-0.29	-0.07	0.32	0.19	0.15	0.18	0.1
Net Receivables	0.94	0.96	0.95	0.9	0.5	0.81	0.74	-0.04	0.91	0.92	-0.04		0.86	0.12	0.89	0.91	0.91	0.65	0.12	0.87	0.92	0.71	0.95	0.97	0.74	0.79
Common Stock Shares Outstanding	0.96	0.9	0.95	0.96	0.54	0.52	0.72	0.16	0.96	0.92	0.16	0.86		0.13	0.94	0.88	0.98	0.73	0.37	0.7	0.87	0.72	0.84	0.92	0.93	0.94
Other Stockholder Equity	0.12	0.13	0.1	0.12	0.1	0.06	0.1	-0.01	0.12	0.13	-0.01	0.12	0.13		0.14	0.12	0.15	0.09	0.05	0.06	0.12	0.12	0.06	0.13	0.17	0.15
Total Liab	0.97	0.94	0.92	0.98	0.68	0.6	0.79	0.04	0.98	0.91	0.04	0.89	0.94	0.14		0.83	0.94	0.87	0.24	0.81	0.94	0.56	0.81	0.92	0.9	0.95
Total Current Assets	0.93	0.91	0.96	0.84	0.21	0.81	0.58	0.32	0.85	0.93	0.32	0.91	0.88	0.12	0.83		0.91	0.46	0.48	0.65	0.83	0.87	0.96	0.96	0.76	0.78
Common Stock	0.99	0.94	0.98	0.97	0.51	0.62	0.71	0.14	0.97	0.94	0.14	0.91	0.98	0.15	0.94	0.91		0.72	0.32	0.79	0.9	0.71	0.9	0.96	0.88	0.92
Short Long Term Debt Total	0.74	0.71	0.64	0.85	0.91	0.27	0.78	-0.24	0.84	0.64	-0.24	0.65	0.73	0.09	0.87	0.46	0.72		-0.1	0.77	0.79	0.12	0.49	0.64	0.75	0.81
Other Current Liab	0.33	0.23	0.37	0.24	-0.42	0.27	0.0	0.93	0.24	0.34	0.93	0.12	0.37	0.05	0.24	0.48	0.32	-0.1		-0.17	0.13	0.48	0.29	0.33	0.4	0.32
Short Term Debt	0.81	0.87	0.79	0.84	0.67	0.67	0.82	-0.29	0.85	0.8	-0.29	0.87	0.7	0.06	0.81	0.65	0.79	0.77	-0.17		0.91	0.29	0.77	0.82	0.59	0.67
Inventory	0.94	0.98	0.91	0.93	0.62	0.74	0.84	-0.07	0.94	0.95	-0.07	0.92	0.87	0.12	0.94	0.83	0.9	0.79	0.13	0.91		0.51	0.85	0.94	0.77	0.82
Other Current Assets	0.69	0.64	0.75	0.57	-0.02	0.57	0.24	0.32	0.57	0.69	0.32	0.71	0.72	0.12	0.56	0.87	0.71	0.12	0.48	0.29	0.51		0.78	0.73	0.61	0.61
Current Deferred Revenue	0.91	0.91	0.95	0.83	0.26	0.83	0.63	0.19	0.85	0.89	0.19	0.95	0.84	0.06	0.81	0.96	0.9	0.49	0.29	0.77	0.85	0.78		0.95	0.68	0.72
Net Tangible Assets	0.98	0.98	0.99	0.93	0.43	0.81	0.72	0.15	0.94	0.97	0.15	0.97	0.92	0.13	0.92	0.96	0.96	0.64	0.33	0.82	0.94	0.73	0.95		0.81	0.85
Property Plant Equipment	0.88	0.79	0.84	0.9	0.58	0.4	0.69	0.18	0.89	0.81	0.18	0.74	0.93	0.17	0.9	0.76	0.88	0.75	0.4	0.59	0.77	0.61	0.68	0.81		0.94
Short Term Investments	0.92	0.84	0.87	0.95	0.65	0.43	0.69	0.1	0.94	0.84	0.1	0.79	0.94	0.15	0.95	0.78	0.92	0.81	0.32	0.67	0.82	0.61	0.72	0.85	0.94

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Alphamin Res Account Relationship Matchups

Alphamin Res fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	297.7M	421.1M	490.1M	516.8M	577.8M	606.7M
Total Current Liabilities	56.1M	79.2M	90.3M	109.5M	142.6M	149.7M
Total Stockholder Equity	171.7M	274.7M	320.4M	312.8M	333.5M	350.2M
Property Plant And Equipment Net	242.2M	241.3M	272.8M	365.2M	378.6M	397.5M
Net Debt	64.0M	21.2M	(64.9M)	79.2M	68.1M	71.5M
Retained Earnings	(48.6M)	(433.3K)	38.8M	30.0M	47.9M	50.3M
Accounts Payable	11.1M	3.0M	7.4M	38.4M	19.3M	20.3M
Cash	6.7K	8.2K	74.7M	9.6K	16.8K	16.0K
Non Current Assets Total	255.0M	254.8M	290.6M	387.3M	415.6M	436.4M
Other Assets	8.3M	12.8M	13.5M	17.8M	20.5M	21.5M
Cash And Short Term Investments	6.7K	8.2K	74.7M	9.6K	11.0K	10.5K
Net Receivables	11.0M	51.9M	33.4M	60.4M	64.2M	67.4M
Common Stock Shares Outstanding	1.1B	1.3B	1.3B	1.3B	1.3B	1.3B
Liabilities And Stockholders Equity	297.7M	421.1M	490.1M	516.8M	594.3M	624.0M
Other Stockholder Equity	8.4M	8.9M	9.5M	8.4M	9.7M	7.5M
Total Liab	99.8M	110.4M	122.7M	151.2M	187.7M	197.1M
Total Current Assets	42.7M	166.3M	199.5M	129.5M	162.2M	170.3M
Common Stock	211.5M	265.6M	273.2M	273.5M	314.6M	330.3M
Short Long Term Debt Total	64.0M	21.2M	9.8M	79.2M	91.1M	95.6M
Other Current Liab	11.9M	4.6M	76.1M	538.5K	619.3K	588.3K
Accumulated Other Comprehensive Income	8.9M	9.5M	8.4M	9.2M	10.6M	6.9M
Short Term Debt	27.1M	19.2M	6.8M	70.5M	81.1M	85.1M
Inventory	21.9M	20.7M	24.8M	41.8M	53.1M	55.7M
Other Current Assets	9.9M	93.7M	66.6M	27.3M	31.4M	32.9M
Net Tangible Assets	145.2M	171.7M	274.7M	320.4M	368.5M	386.9M
Property Plant Equipment	257.4M	242.2M	241.3M	272.8M	313.7M	173.9M
Non Currrent Assets Other	10.5M	13.5M	17.8M	22.0M	1.6M	1.5M
Non Current Liabilities Total	43.7M	31.3M	32.4M	41.8M	45.1M	46.7M
Other Liab	8.2M	6.8M	29.2M	29.4M	33.8M	35.5M
Long Term Debt	80.9M	78.2M	34.8M	5.1M	5.1M	4.9M
Net Invested Capital	232.4M	291.8M	324.8M	383.8M	401.7M	299.9M
Short Long Term Debt	25.8M	17.0M	4.4M	65.9M	63.0M	31.8M
Net Working Capital	(13.4M)	87.2M	109.2M	20.0M	19.6M	32.8M
Capital Stock	211.5M	265.6M	273.2M	273.5M	275.3M	259.8M
Capital Lease Obligations	3.4M	4.2M	5.4M	8.2M	5.6M	5.3M
Property Plant And Equipment Gross	277.5M	303.3M	363.6M	487.3M	547.9M	411.9M

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