Allot Total Liab vs Accounts Payable Analysis

ALLT Stock  USD 2.15  0.01  0.47%   
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 Total Liab and its Accounts Payable 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.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allot Communications Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Allot Communications' Total Liab and Accounts Payable is 0.47. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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' Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Allot Communications are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Allot Communications' Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Allot Communications 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 Allot Communications 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.
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 Profit101.0M82.9M53.8M54.1M
Total Revenue145.6M122.7M93.2M78.7M

Allot Communications fundamental ratios Correlations

0.83-0.23-0.110.220.80.850.810.95-0.20.44-0.030.20.620.290.330.550.480.620.170.740.520.810.71-0.050.75
0.83-0.560.410.370.90.560.50.9-0.18-0.05-0.49-0.230.20.05-0.110.20.340.230.090.390.220.50.69-0.550.45
-0.23-0.56-0.65-0.9-0.660.110.14-0.470.220.450.570.420.240.290.40.070.160.53-0.030.290.540.110.160.64-0.01
-0.110.41-0.650.340.29-0.49-0.550.090.25-0.72-0.84-0.61-0.47-0.52-0.64-0.390.02-0.590.1-0.37-0.6-0.550.01-0.91-0.44
0.220.37-0.90.340.61-0.04-0.040.46-0.38-0.24-0.17-0.28-0.16-0.28-0.240.0-0.22-0.50.04-0.23-0.54-0.01-0.33-0.260.16
0.80.9-0.660.290.610.50.440.93-0.46-0.1-0.25-0.290.1-0.04-0.20.10.150.040.010.260.040.470.54-0.350.46
0.850.560.11-0.49-0.040.50.990.71-0.310.670.260.40.650.520.530.550.350.790.010.710.820.990.630.280.83
0.810.50.14-0.55-0.040.440.990.66-0.30.720.310.440.670.580.580.580.350.80.030.710.830.990.560.340.82
0.950.9-0.470.090.460.930.710.66-0.310.21-0.13-0.020.420.110.10.40.380.350.170.550.280.670.62-0.20.66
-0.2-0.180.220.25-0.38-0.46-0.31-0.3-0.310.12-0.310.240.27-0.10.280.350.440.160.510.17-0.12-0.36-0.14-0.23-0.28
0.44-0.050.45-0.72-0.24-0.10.670.720.210.120.570.850.860.50.870.720.470.80.250.740.680.670.120.650.64
-0.03-0.490.57-0.84-0.17-0.250.260.31-0.13-0.310.570.370.220.120.410.09-0.010.28-0.030.240.260.3-0.150.970.33
0.2-0.230.42-0.61-0.28-0.290.40.44-0.020.240.850.370.820.50.870.690.240.680.090.570.490.4-0.070.50.47
0.620.20.24-0.47-0.160.10.650.670.420.270.860.220.820.420.790.910.580.830.390.790.60.630.280.30.63
0.290.050.29-0.52-0.28-0.040.520.580.11-0.10.50.120.50.420.620.340.060.63-0.380.470.660.550.240.330.29
0.33-0.110.4-0.64-0.24-0.20.530.580.10.280.870.410.870.790.620.720.240.770.040.70.530.520.00.550.56
0.550.20.07-0.390.00.10.550.580.40.350.720.090.690.910.340.720.470.680.530.640.460.560.10.180.57
0.480.340.160.02-0.220.150.350.350.380.440.47-0.010.240.580.060.240.470.480.660.660.380.290.42-0.030.27
0.620.230.53-0.59-0.50.040.790.80.350.160.80.280.680.830.630.770.680.480.080.840.880.760.570.380.62
0.170.09-0.030.10.040.010.010.030.170.510.25-0.030.090.39-0.380.040.530.660.080.25-0.020.01-0.03-0.10.05
0.740.390.29-0.37-0.230.260.710.710.550.170.740.240.570.790.470.70.640.660.840.250.630.640.550.30.66
0.520.220.54-0.6-0.540.040.820.830.28-0.120.680.260.490.60.660.530.460.380.88-0.020.630.820.60.350.53
0.810.50.11-0.55-0.010.470.990.990.67-0.360.670.30.40.630.550.520.560.290.760.010.640.820.560.320.8
0.710.690.160.01-0.330.540.630.560.62-0.140.12-0.15-0.070.280.240.00.10.420.57-0.030.550.60.56-0.170.36
-0.05-0.550.64-0.91-0.26-0.350.280.34-0.2-0.230.650.970.50.30.330.550.18-0.030.38-0.10.30.350.32-0.170.31
0.750.45-0.01-0.440.160.460.830.820.66-0.280.640.330.470.630.290.560.570.270.620.050.660.530.80.360.31
Click cells to compare fundamentals

Allot Communications Account Relationship Matchups

Allot Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets215.2M201.6M203.4M213.0M138.2M154.4M
Total Stockholder Equity131.9M130.2M126.0M102.0M49.8M47.3M
Net Debt(10.0M)(19.0M)(3.5M)32.4M26.0M27.3M
Retained Earnings(140.6M)(150.0M)(165.0M)(197.0M)(259.8M)(246.8M)
Cash16.9M23.6M11.7M12.3M15.9M20.9M
Cash And Short Term Investments83.5M98.0M84.0M85.4M54.8M84.3M
Common Stock Shares Outstanding34.3M35.0M36.1M37.0M37.9M26.7M
Liabilities And Stockholders Equity215.2M201.6M203.4M213.0M138.2M154.4M
Other Stockholder Equity272.1M279.1M289.8M299.3M308.1M212.1M
Total Current Assets153.3M146.7M135.9M151.8M89.9M117.2M
Other Assets12.7M4.0M8.7M6.2M1.00.95
Total Liab83.3M71.4M77.4M111.0M88.4M46.7M
Other Current Liab22.3M27.3M26.3M25.6M21.2M10.8M
Total Current Liabilities73.4M58.9M55.1M60.6M39.4M36.1M
Other Liab6.1M10.8M16.8M8.2M9.5M7.4M
Property Plant And Equipment Net14.5M16.5M23.5M19.6M14.2M8.7M
Current Deferred Revenue36.4M26.7M22.1M20.8M15.7M14.4M
Accounts Payable11.7M2.1M3.9M11.7M969K920.6K
Non Current Assets Total61.9M54.9M67.6M61.1M48.3M40.1M
Non Currrent Assets Other11.4M3.0M(3.3M)6.2M184K174.8K
Net Receivables35.9M34.9M39.3M52.2M17.1M24.8M
Common Stock Total Equity851K853K871K896K1.0M693.8K
Short Term Investments66.6M74.4M72.3M73.1M38.9M61.2M
Non Current Liabilities Total9.9M12.6M22.3M50.4M49.0M51.4M
Inventory10.7M12.6M11.1M13.3M11.9M9.4M
Other Current Assets23.2M1.2M1.5M1.1M6.2M3.7M
Property Plant And Equipment Gross14.5M16.5M23.5M19.6M39.6M41.6M
Accumulated Other Comprehensive Income(525K)146K271K(1.3M)483K507.2K
Short Term Debt3.2M2.8M2.8M2.5M1.5M1.4M
Intangible Assets3.4M2.7M3.5M3.5M915K869.3K
Common Stock871K896K929K954K981K747.3K
Property Plant Equipment14.5M16.5M23.5M19.6M22.6M23.7M
Net Tangible Assets96.8M95.7M90.9M66.6M60.0M87.2M
Net Invested Capital131.9M130.2M126.0M39.6M89.5M91.0M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allot Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allot Communications' short interest history, or implied volatility extrapolated from Allot Communications options trading.

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

  0.65GB Global Blue GroupPairCorr

Moving against Allot Stock

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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 CorrelationCorrelation 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:
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.
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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.