Allot Non Currrent Assets Other vs Net Receivables Analysis

ALLT Stock

USD 2.11 0.03 1.44%

Allot Communications financial indicator trend analysis is way more than just evaluating Allot Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allot Communications is a good investment. Please check the relationship between Allot Communications Non Currrent Assets Other and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allot Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Allot Stock please use our How to Invest in Allot Communications guide.

Non Currrent Assets Other vs Net Receivables

Non Currrent Assets Other vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allot Communications Non Currrent Assets Other account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Allot Communications' Non Currrent Assets Other and Net Receivables is 0.25. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Allot Communications, assuming nothing else is changed. The correlation between historical values of Allot Communications' Non Currrent Assets Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Allot Communications are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Currrent Assets Other i.e., Allot Communications' Non Currrent Assets Other and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Receivables

Most indicators from Allot Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allot Communications 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 Allot Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Allot Stock please use our How to Invest in Allot Communications guide.At this time, Allot Communications' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.5 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (1.49) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	101.0M	82.9M	53.8M	54.1M
Total Revenue	145.6M	122.7M	93.2M	78.7M

Gross Profit Total Revenue

Allot Communications fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Other Assets	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory
Total Assets		0.83	-0.23	-0.11	0.22	0.8	0.85	0.81	0.95	-0.2	0.44	-0.03	0.2	0.62	0.29	0.33	0.55	0.48	0.62	0.17	0.74	0.52	0.81	0.71	-0.05	0.75
Total Stockholder Equity	0.83		-0.56	0.41	0.37	0.9	0.56	0.5	0.9	-0.18	-0.05	-0.49	-0.23	0.2	0.05	-0.11	0.2	0.34	0.23	0.09	0.39	0.22	0.5	0.69	-0.55	0.45
Net Debt	-0.23	-0.56		-0.65	-0.9	-0.66	0.11	0.14	-0.47	0.22	0.45	0.57	0.42	0.24	0.29	0.4	0.07	0.16	0.53	-0.03	0.29	0.54	0.11	0.16	0.64	-0.01
Retained Earnings	-0.11	0.41	-0.65		0.34	0.29	-0.49	-0.55	0.09	0.25	-0.72	-0.84	-0.61	-0.47	-0.52	-0.64	-0.39	0.02	-0.59	0.1	-0.37	-0.6	-0.55	0.01	-0.91	-0.44
Cash	0.22	0.37	-0.9	0.34		0.61	-0.04	-0.04	0.46	-0.38	-0.24	-0.17	-0.28	-0.16	-0.28	-0.24	0.0	-0.22	-0.5	0.04	-0.23	-0.54	-0.01	-0.33	-0.26	0.16
Cash And Short Term Investments	0.8	0.9	-0.66	0.29	0.61		0.5	0.44	0.93	-0.46	-0.1	-0.25	-0.29	0.1	-0.04	-0.2	0.1	0.15	0.04	0.01	0.26	0.04	0.47	0.54	-0.35	0.46
Common Stock Shares Outstanding	0.85	0.56	0.11	-0.49	-0.04	0.5		0.99	0.71	-0.31	0.67	0.26	0.4	0.65	0.52	0.53	0.55	0.35	0.79	0.01	0.71	0.82	0.99	0.63	0.28	0.83
Other Stockholder Equity	0.81	0.5	0.14	-0.55	-0.04	0.44	0.99		0.66	-0.3	0.72	0.31	0.44	0.67	0.58	0.58	0.58	0.35	0.8	0.03	0.71	0.83	0.99	0.56	0.34	0.82
Total Current Assets	0.95	0.9	-0.47	0.09	0.46	0.93	0.71	0.66		-0.31	0.21	-0.13	-0.02	0.42	0.11	0.1	0.4	0.38	0.35	0.17	0.55	0.28	0.67	0.62	-0.2	0.66
Other Assets	-0.2	-0.18	0.22	0.25	-0.38	-0.46	-0.31	-0.3	-0.31		0.12	-0.31	0.24	0.27	-0.1	0.28	0.35	0.44	0.16	0.51	0.17	-0.12	-0.36	-0.14	-0.23	-0.28
Total Liab	0.44	-0.05	0.45	-0.72	-0.24	-0.1	0.67	0.72	0.21	0.12		0.57	0.85	0.86	0.5	0.87	0.72	0.47	0.8	0.25	0.74	0.68	0.67	0.12	0.65	0.64
Short Long Term Debt Total	-0.03	-0.49	0.57	-0.84	-0.17	-0.25	0.26	0.31	-0.13	-0.31	0.57		0.37	0.22	0.12	0.41	0.09	-0.01	0.28	-0.03	0.24	0.26	0.3	-0.15	0.97	0.33
Other Current Liab	0.2	-0.23	0.42	-0.61	-0.28	-0.29	0.4	0.44	-0.02	0.24	0.85	0.37		0.82	0.5	0.87	0.69	0.24	0.68	0.09	0.57	0.49	0.4	-0.07	0.5	0.47
Total Current Liabilities	0.62	0.2	0.24	-0.47	-0.16	0.1	0.65	0.67	0.42	0.27	0.86	0.22	0.82		0.42	0.79	0.91	0.58	0.83	0.39	0.79	0.6	0.63	0.28	0.3	0.63
Other Liab	0.29	0.05	0.29	-0.52	-0.28	-0.04	0.52	0.58	0.11	-0.1	0.5	0.12	0.5	0.42		0.62	0.34	0.06	0.63	-0.38	0.47	0.66	0.55	0.24	0.33	0.29
Property Plant And Equipment Net	0.33	-0.11	0.4	-0.64	-0.24	-0.2	0.53	0.58	0.1	0.28	0.87	0.41	0.87	0.79	0.62		0.72	0.24	0.77	0.04	0.7	0.53	0.52	0.0	0.55	0.56
Current Deferred Revenue	0.55	0.2	0.07	-0.39	0.0	0.1	0.55	0.58	0.4	0.35	0.72	0.09	0.69	0.91	0.34	0.72		0.47	0.68	0.53	0.64	0.46	0.56	0.1	0.18	0.57
Accounts Payable	0.48	0.34	0.16	0.02	-0.22	0.15	0.35	0.35	0.38	0.44	0.47	-0.01	0.24	0.58	0.06	0.24	0.47		0.48	0.66	0.66	0.38	0.29	0.42	-0.03	0.27
Non Current Assets Total	0.62	0.23	0.53	-0.59	-0.5	0.04	0.79	0.8	0.35	0.16	0.8	0.28	0.68	0.83	0.63	0.77	0.68	0.48		0.08	0.84	0.88	0.76	0.57	0.38	0.62
Non Currrent Assets Other	0.17	0.09	-0.03	0.1	0.04	0.01	0.01	0.03	0.17	0.51	0.25	-0.03	0.09	0.39	-0.38	0.04	0.53	0.66	0.08		0.25	-0.02	0.01	-0.03	-0.1	0.05
Net Receivables	0.74	0.39	0.29	-0.37	-0.23	0.26	0.71	0.71	0.55	0.17	0.74	0.24	0.57	0.79	0.47	0.7	0.64	0.66	0.84	0.25		0.63	0.64	0.55	0.3	0.66
Good Will	0.52	0.22	0.54	-0.6	-0.54	0.04	0.82	0.83	0.28	-0.12	0.68	0.26	0.49	0.6	0.66	0.53	0.46	0.38	0.88	-0.02	0.63		0.82	0.6	0.35	0.53
Common Stock Total Equity	0.81	0.5	0.11	-0.55	-0.01	0.47	0.99	0.99	0.67	-0.36	0.67	0.3	0.4	0.63	0.55	0.52	0.56	0.29	0.76	0.01	0.64	0.82		0.56	0.32	0.8
Short Term Investments	0.71	0.69	0.16	0.01	-0.33	0.54	0.63	0.56	0.62	-0.14	0.12	-0.15	-0.07	0.28	0.24	0.0	0.1	0.42	0.57	-0.03	0.55	0.6	0.56		-0.17	0.36
Non Current Liabilities Total	-0.05	-0.55	0.64	-0.91	-0.26	-0.35	0.28	0.34	-0.2	-0.23	0.65	0.97	0.5	0.3	0.33	0.55	0.18	-0.03	0.38	-0.1	0.3	0.35	0.32	-0.17		0.31
Inventory	0.75	0.45	-0.01	-0.44	0.16	0.46	0.83	0.82	0.66	-0.28	0.64	0.33	0.47	0.63	0.29	0.56	0.57	0.27	0.62	0.05	0.66	0.53	0.8	0.36	0.31

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Allot Communications Account Relationship Matchups

Allot Communications fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	215.2M	201.6M	203.4M	213.0M	138.2M	154.4M
Total Stockholder Equity	131.9M	130.2M	126.0M	102.0M	49.8M	47.3M
Net Debt	(10.0M)	(19.0M)	(3.5M)	32.4M	26.0M	27.3M
Retained Earnings	(140.6M)	(150.0M)	(165.0M)	(197.0M)	(259.8M)	(246.8M)
Cash	16.9M	23.6M	11.7M	12.3M	15.9M	20.9M
Cash And Short Term Investments	83.5M	98.0M	84.0M	85.4M	54.8M	84.3M
Common Stock Shares Outstanding	34.3M	35.0M	36.1M	37.0M	37.9M	26.7M
Liabilities And Stockholders Equity	215.2M	201.6M	203.4M	213.0M	138.2M	154.4M
Other Stockholder Equity	272.1M	279.1M	289.8M	299.3M	308.1M	212.1M
Total Current Assets	153.3M	146.7M	135.9M	151.8M	89.9M	117.2M
Other Assets	12.7M	4.0M	8.7M	6.2M	1.0	0.95
Total Liab	83.3M	71.4M	77.4M	111.0M	88.4M	46.7M
Other Current Liab	22.3M	27.3M	26.3M	25.6M	21.2M	10.8M
Total Current Liabilities	73.4M	58.9M	55.1M	60.6M	39.4M	36.1M
Other Liab	6.1M	10.8M	16.8M	8.2M	9.5M	7.4M
Property Plant And Equipment Net	14.5M	16.5M	23.5M	19.6M	14.2M	8.7M
Current Deferred Revenue	36.4M	26.7M	22.1M	20.8M	15.7M	14.4M
Accounts Payable	11.7M	2.1M	3.9M	11.7M	969K	920.6K
Non Current Assets Total	61.9M	54.9M	67.6M	61.1M	48.3M	40.1M
Non Currrent Assets Other	11.4M	3.0M	(3.3M)	6.2M	184K	174.8K
Net Receivables	35.9M	34.9M	39.3M	52.2M	17.1M	24.8M
Common Stock Total Equity	851K	853K	871K	896K	1.0M	693.8K
Short Term Investments	66.6M	74.4M	72.3M	73.1M	38.9M	61.2M
Non Current Liabilities Total	9.9M	12.6M	22.3M	50.4M	49.0M	51.4M
Inventory	10.7M	12.6M	11.1M	13.3M	11.9M	9.4M
Other Current Assets	23.2M	1.2M	1.5M	1.1M	6.2M	3.7M
Property Plant And Equipment Gross	14.5M	16.5M	23.5M	19.6M	39.6M	41.6M
Accumulated Other Comprehensive Income	(525K)	146K	271K	(1.3M)	483K	507.2K
Short Term Debt	3.2M	2.8M	2.8M	2.5M	1.5M	1.4M
Intangible Assets	3.4M	2.7M	3.5M	3.5M	915K	869.3K
Common Stock	871K	896K	929K	954K	981K	747.3K
Property Plant Equipment	14.5M	16.5M	23.5M	19.6M	22.6M	23.7M
Net Tangible Assets	96.8M	95.7M	90.9M	66.6M	60.0M	87.2M
Net Invested Capital	131.9M	130.2M	126.0M	39.6M	89.5M	91.0M

Pair Trading with Allot Communications

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 Allot Communications 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 Allot Communications will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allot Stock

0.68

Global Blue Group

Pair Corr

Moving against Allot Stock

0.77	ZS	Zscaler Financial Report 6th of June 2024	Pair Corr
0.74	EVCM	EverCommerce Financial Report 14th of May 2024	Pair Corr
0.7	S	SentinelOne Financial Report 6th of June 2024	Pair Corr
0.68	EVTC	Evertec	Pair Corr
0.64	FIVN	Five9 Inc	Pair Corr

The ability to find closely correlated positions to Allot Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allot Communications 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 Allot Communications - 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 Allot Communications to buy it.

The correlation of Allot Communications 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 Allot Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allot Communications 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 Allot Communications 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.

Pair Correlation Correlation Matching

When determining whether Allot Communications is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Allot Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Allot Communications Stock. Highlighted below are key reports to facilitate an investment decision about Allot Communications Stock:

How To Invest In Allot

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Is Allot Stock a good investment?

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What is Allot Communications' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allot Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Allot Stock please use our How to Invest in Allot Communications guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Allot Stock analysis

When running Allot Communications' price analysis, check to measure Allot Communications' 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 Allot Communications is operating at the current time. Most of Allot Communications' value examination focuses on studying past and present price action to predict the probability of Allot Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allot Communications' price. Additionally, you may evaluate how the addition of Allot Communications to your portfolios can decrease your overall portfolio volatility.

	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
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Is Allot Communications' 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 Allot Communications. If investors know Allot 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 Allot Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.66)

Revenue Per Share

2.457

Quarterly Revenue Growth

(0.26)

Return On Assets

(0.23)

Return On Equity

(0.83)

The market value of Allot Communications is measured differently than its book value, which is the value of Allot that is recorded on the company's balance sheet. Investors also form their own opinion of Allot Communications' value that differs from its market value or its book value, called intrinsic value, which is Allot Communications' 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 Allot Communications' market value can be influenced by many factors that don't directly affect Allot Communications' 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 Allot Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allot Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allot Communications' 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.

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Allot Non Currrent Assets Other vs Net Receivables Analysis

Non Currrent Assets Other vs Net Receivables

Non Currrent Assets Other vs Net Receivables Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Net Receivables

Allot Communications fundamental ratios Correlations

Allot Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allot Communications fundamental ratios Accounts

Pair Trading with Allot Communications

Moving together with Allot Stock

Moving against Allot Stock

Complementary Tools for Allot Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.99	Other Stockholder Equity
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Total Current Assets	+ 0.95	Total Assets
Total Current Assets	+ 0.93	Cash And Short Term Investments

Non Current Liabilities Total	- 0.91	Retained Earnings
Cash	- 0.9	Net Debt
Short Long Term Debt Total	- 0.84	Retained Earnings
Total Liab	- 0.72	Retained Earnings
Cash And Short Term Investments	- 0.66	Net Debt
Retained Earnings	- 0.65	Net Debt