Alexanders Book Value per Share vs Accounts Payable Analysis

ALX Stock  USD 214.85  0.67  0.31%   
Alexanders financial indicator trend analysis is way more than just evaluating Alexanders prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alexanders is a good investment. Please check the relationship between Alexanders Book Value Per Share and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alexanders. 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 Alexanders Stock please use our How to Invest in Alexanders guide.

Book Value Per Share vs Accounts Payable

Book Value per Share vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alexanders Book Value per Share account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Alexanders' Book Value per Share and Accounts Payable is 0.24. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Alexanders, assuming nothing else is changed. The correlation between historical values of Alexanders' Book Value per Share 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 Book Value per Share of Alexanders 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 Book Value per Share i.e., Alexanders' Book Value per Share and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Accounts Payable

An accounting item on the balance sheet that represents Alexanders 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 Alexanders 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 Alexanders' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alexanders 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 Alexanders. 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 Alexanders Stock please use our How to Invest in Alexanders guide.Selling General Administrative is likely to drop to about 6 M in 2024. Discontinued Operations is likely to drop to about 2 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses130.0M126.3M140.4M76.9M
Interest Expense19.7M28.6M58.3M34.7M

Alexanders fundamental ratios Correlations

0.630.650.34-0.070.610.450.730.560.710.540.510.65-0.420.670.50.550.33-0.62-0.62-0.510.36-0.030.630.630.11
0.630.990.840.230.920.890.530.940.750.70.780.99-0.110.990.910.880.650.090.090.050.330.290.620.820.09
0.650.990.750.20.910.820.580.910.750.640.821.0-0.141.00.920.90.640.050.050.00.270.20.670.860.1
0.340.840.750.20.790.990.170.830.630.720.430.75-0.020.750.750.70.610.330.330.310.270.40.280.480.01
-0.070.230.20.20.070.180.260.5-0.430.260.270.20.920.220.0-0.17-0.030.090.090.140.490.450.080.27-0.16
0.610.920.910.790.070.830.260.840.790.620.580.91-0.210.90.820.840.740.160.160.170.120.10.530.740.33
0.450.890.820.990.180.830.270.870.70.740.490.82-0.070.820.80.760.640.260.260.260.290.40.330.56-0.02
0.730.530.580.170.260.260.270.510.340.420.710.57-0.060.60.430.420.1-0.61-0.61-0.610.530.170.630.63-0.31
0.560.940.910.830.50.840.870.510.560.750.710.910.180.920.80.670.510.130.130.140.410.390.510.760.04
0.710.750.750.63-0.430.790.70.340.560.520.490.76-0.70.750.810.850.53-0.04-0.04-0.06-0.01-0.050.480.550.18
0.540.70.640.720.260.620.740.420.750.520.370.640.020.650.510.480.39-0.05-0.050.040.330.270.230.56-0.13
0.510.780.820.430.270.580.490.710.710.490.370.82-0.040.830.810.710.19-0.09-0.09-0.230.410.230.80.750.17
0.650.991.00.750.20.910.820.570.910.760.640.82-0.141.00.920.90.640.060.060.00.260.20.670.860.11
-0.42-0.11-0.14-0.020.92-0.21-0.07-0.060.18-0.70.02-0.04-0.14-0.13-0.3-0.45-0.180.270.270.320.310.39-0.22-0.03-0.19
0.670.991.00.750.220.90.820.60.920.750.650.831.0-0.130.910.890.620.020.02-0.020.320.240.680.860.11
0.50.910.920.750.00.820.80.430.80.810.510.810.92-0.30.910.90.530.180.180.030.10.150.610.70.13
0.550.880.90.7-0.170.840.760.420.670.850.480.710.9-0.450.890.90.720.080.08-0.020.120.110.610.720.14
0.330.650.640.61-0.030.740.640.10.510.530.390.190.64-0.180.620.530.720.190.190.19-0.090.010.190.57-0.08
-0.620.090.050.330.090.160.26-0.610.13-0.04-0.05-0.090.060.270.020.180.080.191.00.93-0.320.24-0.37-0.110.06
-0.620.090.050.330.090.160.26-0.610.13-0.04-0.05-0.090.060.270.020.180.080.191.00.93-0.320.24-0.37-0.110.06
-0.510.050.00.310.140.170.26-0.610.14-0.060.04-0.230.00.32-0.020.03-0.020.190.930.93-0.180.34-0.48-0.130.06
0.360.330.270.270.490.120.290.530.41-0.010.330.410.260.310.320.10.12-0.09-0.32-0.32-0.180.780.240.25-0.02
-0.030.290.20.40.450.10.40.170.39-0.050.270.230.20.390.240.150.110.010.240.240.340.78-0.20.04-0.19
0.630.620.670.280.080.530.330.630.510.480.230.80.67-0.220.680.610.610.19-0.37-0.37-0.480.24-0.20.70.35
0.630.820.860.480.270.740.560.630.760.550.560.750.86-0.030.860.70.720.57-0.11-0.11-0.130.250.040.70.05
0.110.090.10.01-0.160.33-0.02-0.310.040.18-0.130.170.11-0.190.110.130.14-0.080.060.060.06-0.02-0.190.350.05
Click cells to compare fundamentals

Alexanders Account Relationship Matchups

Alexanders fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding5.1M5.1M5.1M5.1M5.1M5.5M
Total Assets1.3B1.4B1.4B1.4B1.4B1.2B
Short Long Term Debt Total971.0M1.2B1.1B1.1B1.1B886.4M
Total Stockholder Equity253.5M203.2M252.6M236.5M237.7M179.4M
Net Debt672.9M727.5M626.1M896.1M560.0M611.0M
Retained Earnings216.4M166.2M206.9M172.2M182.3M136.8M
Cash298.1M428.7M463.5M194.9M553.0M580.6M
Non Current Assets Total764.7M794.8M766.6M784.1M719.8M678.6M
Non Currrent Assets Other745.7M784.8M755.7M736.3M679.6M713.6M
Other Assets43.3M73.9M67.7M48.0M55.2M82.0M
Cash And Short Term Investments312.5M434.7M463.5M461.9M553.0M297.0M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.4B1.4B1.2B
Non Current Liabilities Total978.8M1.2B1.1B1.1B1.1B888.3M
Other Stockholder Equity32.0M32.6M33.0M33.5M11.0M10.5M
Total Liab1.0B1.2B1.1B1.2B1.2B979.1M
Total Current Assets500.9M609.3M625.3M613.6M683.9M436.7M
Net Receivables172.5M153.4M141.8M132.2M130.9M133.9M
Other Current Liab1.4M1.5M879K801K(499.3M)(474.3M)
Total Current Liabilities33.2M36.9M45.6M49.6M52.5M70.1M
Other Liab3.0M7.9M4.2M574K516.6K490.8K
Accounts Payable31.8M35.3M44.7M48.8M51.8M42.7M
Long Term Debt971.0M1.2B1.1B1.1B1.1B1.0B
Short Term Investments14.4M6.0M7.5M267.0M22.6M35.5M
Accumulated Other Comprehensive Income(49K)(707K)7.5M25.6M39.1M41.1M
Net Tangible Assets253.5M203.2M252.6M236.5M212.8M241.5M
Retained Earnings Total Equity216.4M166.2M206.9M172.2M155.0M169.7M
Long Term Debt Total971.0M1.2B1.1B1.1B981.9M897.0M
Capital Surpluse32.4M33.0M33.4M33.9M38.9M35.1M
Other Current Assets(486.4M)(603.3M)(625.3M)(613.6M)(683.9M)(649.7M)
Deferred Long Term Liab41.1M36.5M31.3M28.5M32.8M33.4M
Non Current Liabilities Other7.9M7.9M4.2M20.6M21.0M22.1M
Property Plant Equipment716.8M720.9M698.9M706.8M812.9M763.1M
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 Alexanders 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, Alexanders' short interest history, or implied volatility extrapolated from Alexanders options trading.

Pair Trading with Alexanders

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

Moving against Alexanders Stock

  0.45AHT-PD Ashford Hospitality TrustPairCorr
  0.42AHT-PI Ashford Hospitality TrustPairCorr
The ability to find closely correlated positions to Alexanders could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alexanders 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 Alexanders - 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 Alexanders to buy it.
The correlation of Alexanders 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 Alexanders moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alexanders 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 Alexanders 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 Alexanders offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alexanders' 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 Alexanders Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alexanders Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alexanders. 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 Alexanders Stock please use our How to Invest in Alexanders guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Alexanders' price analysis, check to measure Alexanders' 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 Alexanders is operating at the current time. Most of Alexanders' value examination focuses on studying past and present price action to predict the probability of Alexanders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alexanders' price. Additionally, you may evaluate how the addition of Alexanders to your portfolios can decrease your overall portfolio volatility.
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Is Alexanders' 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 Alexanders. If investors know Alexanders 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 Alexanders listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.235
Dividend Share
18
Earnings Share
19.96
Revenue Per Share
43.858
Quarterly Revenue Growth
0.186
The market value of Alexanders is measured differently than its book value, which is the value of Alexanders that is recorded on the company's balance sheet. Investors also form their own opinion of Alexanders' value that differs from its market value or its book value, called intrinsic value, which is Alexanders' 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 Alexanders' market value can be influenced by many factors that don't directly affect Alexanders' 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 Alexanders' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexanders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexanders' 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.