Algoma Capex To Depreciation vs Days Sales Outstanding Analysis
ALC Stock | CAD 14.43 0.03 0.21% |
Algoma Central financial indicator trend analysis is way more than just evaluating Algoma Central prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Algoma Central is a good investment. Please check the relationship between Algoma Central Capex To Depreciation and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Central. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Capex To Depreciation vs Days Sales Outstanding
Capex To Depreciation vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Algoma Central Capex To Depreciation account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Algoma Central's Capex To Depreciation and Days Sales Outstanding is -0.12. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Algoma Central, assuming nothing else is changed. The correlation between historical values of Algoma Central's Capex To Depreciation and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Algoma Central are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Capex To Depreciation i.e., Algoma Central's Capex To Depreciation and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Days Sales Outstanding
Most indicators from Algoma Central's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Algoma Central 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 Algoma Central. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Algoma Central's Discontinued Operations is very stable compared to the past year. As of the 23rd of May 2024, Enterprise Value Over EBITDA is likely to grow to 6.87, while Selling General Administrative is likely to drop about 26.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 531.0M | 612.5M | 655.2M | 687.9M | Total Revenue | 598.9M | 677.9M | 721.2M | 499.6M |
Algoma Central fundamental ratios Correlations
Click cells to compare fundamentals
Algoma Central Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Algoma Central fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 1.2B | 1.4B | 1.3B | 829.0M | |
Other Current Liab | 28.6M | 107.2M | 5.9M | 60.4M | 69.4M | 72.9M | |
Total Current Liabilities | 156.8M | 179.3M | 84.5M | 150.8M | 147.2M | 103.8M | |
Total Stockholder Equity | 660.4M | 560.6M | 640.3M | 726.0M | 778.3M | 484.0M | |
Property Plant And Equipment Net | 840.0M | 841.9M | 819.6M | 859.9M | 891.7M | 560.2M | |
Net Debt | 316.4M | 287.2M | 283.3M | 260.8M | 344.2M | 361.4M | |
Retained Earnings | 674.8M | 582.0M | 660.2M | 719.5M | 769.4M | 469.1M | |
Accounts Payable | 60.7M | 70.9M | 77.2M | 83.5M | 70.3M | 58.4M | |
Cash | 18.9M | 103.9M | 108.9M | 142.0M | 32.8M | 31.2M | |
Non Current Assets Total | 1.0B | 1.0B | 1.0B | 1.1B | 1.2B | 650.0M | |
Non Currrent Assets Other | 38.9M | 38.7M | 26.9M | 38.6M | 91K | 86.5K | |
Cash And Short Term Investments | 18.9M | 103.9M | 108.9M | 142.0M | 163.3M | 82.3M | |
Net Receivables | 75.6M | 69.7M | 60.6M | 69.1M | 44.0M | 72.1M | |
Common Stock Shares Outstanding | 42.2M | 42.0M | 42.9M | 42.9M | 38.6M | 44.6M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.2B | 1.4B | 1.6B | 803.3M | |
Non Current Liabilities Total | 330.1M | 483.2M | 475.3M | 488.8M | 418.7M | 239.7M | |
Inventory | 10.6M | 8.9M | 12.5M | 19.1M | 15.8M | 9.9M | |
Other Current Assets | 9K | 6.3M | 8.6M | 20.2M | 23.2M | 13.9M | |
Other Stockholder Equity | 3.5M | 3.3M | 3.3M | 2.9M | 2.6M | 2.4M | |
Total Liab | 487.0M | 662.5M | 559.8M | 639.7M | 565.8M | 343.4M | |
Property Plant And Equipment Gross | 840.0M | 841.9M | 1.3B | 1.4B | 1.4B | 1.5B | |
Total Current Assets | 114.4M | 188.8M | 190.6M | 250.3M | 161.4M | 179.1M | |
Accumulated Other Comprehensive Income | (26.0M) | (32.8M) | (31.3M) | (8.1M) | (9.3M) | (9.8M) | |
Short Long Term Debt Total | 335.2M | 391.2M | 392.2M | 402.8M | 463.2M | 486.4M | |
Common Stock Total Equity | 19.0M | 17.1M | 9.3M | 9.1M | 10.5M | 14.7M | |
Common Stock | 8.2M | 8.1M | 8.1M | 11.7M | 13.5M | 9.3M | |
Short Term Debt | 80.1M | 337K | 282K | 5.3M | 6.1M | 5.8M | |
Other Liab | 75.0M | 92.3M | 83.4M | 91.4M | 105.1M | 84.6M | |
Net Tangible Assets | 649.2M | 552.7M | 632.4M | 718.1M | 825.8M | 690.8M | |
Other Assets | 38.9M | 38.7M | 26.9M | 29.4M | 33.8M | 42.0M | |
Long Term Debt | 254.8M | 390.5M | 391.5M | 397.2M | 316.4M | 318.1M | |
Long Term Investments | 142.8M | 145.8M | 155.1M | 209.0M | 260.9M | 274.0M | |
Short Long Term Debt | 80.1M | 143K | 150K | 5.2M | 60.7M | 64.6M | |
Property Plant Equipment | 840.0M | 841.9M | 819.6M | 851.0M | 978.7M | 789.3M | |
Long Term Debt Total | 255.1M | 390.8M | 391.9M | 397.5M | 457.1M | 332.7M | |
Capital Surpluse | 1.2M | 1.0M | 985K | 582K | 523.8K | 497.6K | |
Net Invested Capital | 995.3M | 951.2M | 1.0B | 1.1B | 1.2B | 1.1B | |
Net Working Capital | (42.4M) | 9.5M | 106.1M | 99.5M | 14.2M | 13.5M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Central. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Algoma Central information on this page should be used as a complementary analysis to other Algoma Central's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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