Aldeyra Common Stock Shares Outstanding vs Short Term Debt Analysis

ALDX Stock  USD 3.87  0.07  1.78%   
Aldeyra financial indicator trend analysis is way more than just evaluating Aldeyra prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aldeyra is a good investment. Please check the relationship between Aldeyra Common Stock Shares Outstanding and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aldeyra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.

Common Stock Shares Outstanding vs Short Term Debt

Common Stock Shares Outstanding vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aldeyra Common Stock Shares Outstanding account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aldeyra's Common Stock Shares Outstanding and Short Term Debt is 0.64. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Aldeyra, assuming nothing else is changed. The correlation between historical values of Aldeyra's Common Stock Shares Outstanding and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Aldeyra are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Aldeyra's Common Stock Shares Outstanding and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Debt

Most indicators from Aldeyra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aldeyra 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 Aldeyra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.Enterprise Value is likely to rise to about 81.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M1.7M2.1M2.2M
Depreciation And Amortization185.4K2.3M262.8K249.6K

Aldeyra fundamental ratios Correlations

0.850.680.710.990.75-0.95-0.840.360.930.291.00.850.870.730.710.751.00.250.89-0.480.580.80.61-0.040.19
0.850.730.780.820.81-0.75-0.80.460.760.280.850.780.790.590.750.810.850.290.81-0.430.540.910.420.00.18
0.680.730.330.650.36-0.49-0.450.110.49-0.310.670.410.460.810.60.360.68-0.310.49-0.360.380.520.470.1-0.41
0.710.780.330.670.97-0.76-0.960.30.80.780.70.950.940.390.670.970.70.790.93-0.420.610.920.08-0.030.71
0.990.820.650.670.72-0.94-0.80.40.920.260.990.820.840.720.610.720.990.220.86-0.510.590.770.64-0.10.17
0.750.810.360.970.72-0.81-0.940.40.840.740.750.940.920.330.691.00.750.720.93-0.480.650.940.27-0.090.65
-0.95-0.75-0.49-0.76-0.94-0.810.87-0.27-1.0-0.47-0.95-0.91-0.92-0.59-0.67-0.81-0.94-0.44-0.920.42-0.54-0.8-0.580.0-0.39
-0.84-0.8-0.45-0.96-0.8-0.940.87-0.26-0.9-0.69-0.83-0.99-0.99-0.55-0.76-0.94-0.83-0.67-0.990.5-0.65-0.9-0.20.07-0.6
0.360.460.110.30.40.4-0.27-0.260.240.220.370.30.250.030.040.40.360.130.3-0.440.480.460.37-0.50.14
0.930.760.490.80.920.84-1.0-0.90.240.510.930.930.940.580.690.840.930.480.94-0.420.550.830.540.010.43
0.290.28-0.310.780.260.74-0.47-0.690.220.510.280.70.66-0.110.330.740.280.970.63-0.220.360.59-0.2-0.120.99
1.00.850.670.70.990.75-0.95-0.830.370.930.280.840.860.720.710.751.00.240.88-0.480.570.80.62-0.040.18
0.850.780.410.950.820.94-0.91-0.990.30.930.70.841.00.520.70.940.850.681.0-0.490.650.90.27-0.080.62
0.870.790.460.940.840.92-0.92-0.990.250.940.660.861.00.580.720.920.860.641.0-0.460.620.890.27-0.030.58
0.730.590.810.390.720.33-0.59-0.550.030.58-0.110.720.520.580.540.330.73-0.140.58-0.310.350.480.250.07-0.15
0.710.750.60.670.610.69-0.67-0.760.040.690.330.710.70.720.540.690.710.30.72-0.140.310.720.230.320.24
0.750.810.360.970.721.0-0.81-0.940.40.840.740.750.940.920.330.690.750.720.93-0.480.650.940.27-0.090.65
1.00.850.680.70.990.75-0.94-0.830.360.930.281.00.850.860.730.710.750.240.88-0.480.570.80.61-0.040.18
0.250.29-0.310.790.220.72-0.44-0.670.130.480.970.240.680.64-0.140.30.720.240.61-0.130.310.56-0.27-0.020.97
0.890.810.490.930.860.93-0.92-0.990.30.940.630.881.01.00.580.720.930.880.61-0.50.660.90.32-0.070.54
-0.48-0.43-0.36-0.42-0.51-0.480.420.5-0.44-0.42-0.22-0.48-0.49-0.46-0.31-0.14-0.48-0.48-0.13-0.5-0.82-0.43-0.350.84-0.1
0.580.540.380.610.590.65-0.54-0.650.480.550.360.570.650.620.350.310.650.570.310.66-0.820.520.29-0.610.24
0.80.910.520.920.770.94-0.8-0.90.460.830.590.80.90.890.480.720.940.80.560.9-0.430.520.32-0.010.5
0.610.420.470.080.640.27-0.58-0.20.370.54-0.20.620.270.270.250.230.270.61-0.270.32-0.350.290.32-0.11-0.31
-0.040.00.1-0.03-0.1-0.090.00.07-0.50.01-0.12-0.04-0.08-0.030.070.32-0.09-0.04-0.02-0.070.84-0.61-0.01-0.11-0.05
0.190.18-0.410.710.170.65-0.39-0.60.140.430.990.180.620.58-0.150.240.650.180.970.54-0.10.240.5-0.31-0.05
Click cells to compare fundamentals

Aldeyra Account Relationship Matchups

Aldeyra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.5M83.4M233.1M181.3M148.3M78.6M
Other Current Liab11.9M8.1M10.5M14.1M(463.5K)(440.4K)
Total Current Liabilities12.9M12.4M11.8M15.4M22.3M23.4M
Total Stockholder Equity48.1M59.5M205.7M151.0M119.8M62.4M
Property Plant And Equipment Net349.5K293.2K384.4K268.5K516.6K542.4K
Net Debt(29.7M)(62.5M)(213.9M)(128.3M)(127.2M)(120.8M)
Retained Earnings(199.4M)(236.9M)(294.7M)(356.7M)(394.3M)(374.5M)
Accounts Payable808.3K381.6K1.0M133.6K1.3M815.8K
Cash44.4M77.9M229.8M144.4M142.8M150.0M
Non Current Assets Total349.5K293.2K384.4K268.5K5.0M5.2M
Cash And Short Term Investments73.4M77.9M229.8M174.3M142.8M76.2M
Common Stock Total Equity28.7K38.7K58.1K58.6K67.3K70.7K
Common Stock Shares Outstanding27.1M34.0M54.0M58.4M58.9M61.9M
Liabilities And Stockholders Equity75.5M83.4M233.1M181.3M148.3M78.6M
Other Current Assets1.8M407.2K3.0M6.7M523.5K497.4K
Total Liab27.4M23.8M27.4M30.3M28.5M16.2M
Property Plant And Equipment Gross349.5K293.2K384.4K268.5K516.6K542.4K
Total Current Assets75.2M83.1M232.8M181.0M143.3M78.0M
Common Stock28.7K38.7K58.1K58.6K59.2K62.2K
Net Receivables28M25M125M3.2M3.7M3.5M
Non Current Liabilities Total14.5M11.4M15.6M14.9M6.3M8.8M
Non Currrent Assets Other(54.9K)(63.7K)(96.1K)249.3K4.5M4.7M
Other Stockholder Equity247.4M296.4M500.4M507.8M514.0M270.8M
Net Tangible Assets48.1M59.5M205.7M151.0M173.7M182.3M
Retained Earnings Total Equity(199.4M)(236.9M)(294.7M)(356.7M)(321.0M)(305.0M)
Property Plant Equipment148.4K59.9K32.5K19.3K17.4K16.5K
Capital Surpluse247.4M296.4M500.4M507.8M583.9M613.1M
Net Invested Capital62.6M74.6M221.2M166.8M134.9M123.8M
Net Working Capital62.3M70.6M221.0M165.7M125.6M121.3M

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When determining whether Aldeyra offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aldeyra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aldeyra Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aldeyra Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aldeyra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.
Note that the Aldeyra information on this page should be used as a complementary analysis to other Aldeyra'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Aldeyra's price analysis, check to measure Aldeyra'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 Aldeyra is operating at the current time. Most of Aldeyra's value examination focuses on studying past and present price action to predict the probability of Aldeyra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aldeyra's price. Additionally, you may evaluate how the addition of Aldeyra to your portfolios can decrease your overall portfolio volatility.
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Is Aldeyra's industry 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 Aldeyra. If investors know Aldeyra 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 Aldeyra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Return On Assets
(0.14)
Return On Equity
(0.24)
The market value of Aldeyra is measured differently than its book value, which is the value of Aldeyra that is recorded on the company's balance sheet. Investors also form their own opinion of Aldeyra's value that differs from its market value or its book value, called intrinsic value, which is Aldeyra's 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 Aldeyra's market value can be influenced by many factors that don't directly affect Aldeyra's 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 Aldeyra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aldeyra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aldeyra's 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.