Alx Other Stockholder Equity vs Net Receivables Analysis

ALXO Stock  USD 10.63  0.02  0.19%   
Alx Oncology financial indicator trend analysis is way more than just evaluating Alx Oncology Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alx Oncology Holdings is a good investment. Please check the relationship between Alx Oncology Other Stockholder Equity and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alx Oncology Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Other Stockholder Equity vs Net Receivables

Other Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alx Oncology Holdings Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Alx Oncology's Other Stockholder Equity and Net Receivables is 0.39. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Alx Oncology Holdings, assuming nothing else is changed. The correlation between historical values of Alx Oncology's Other Stockholder Equity 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 Other Stockholder Equity of Alx Oncology Holdings 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 Other Stockholder Equity i.e., Alx Oncology's Other Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Net Receivables

Most indicators from Alx Oncology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alx Oncology Holdings 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 Alx Oncology Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
At this time, Alx Oncology's Issuance Of Capital Stock is very stable compared to the past year. As of the 31st of May 2024, Sales General And Administrative To Revenue is likely to grow to 11.84, while Tax Provision is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Total Operating Expenses83.6M127.4M169.4M177.9M
Cost Of Revenue736K1.5M836K1.4M

Alx Oncology fundamental ratios Correlations

0.540.65-0.380.330.990.53-0.85-0.650.510.870.551.00.450.950.860.480.940.740.410.681.00.531.0-0.960.99
0.540.960.25-0.260.580.96-0.07-0.960.80.110.970.490.430.70.710.960.70.80.870.20.530.960.48-0.740.44
0.650.960.130.030.680.98-0.19-1.00.880.230.990.590.420.790.810.960.80.890.830.130.630.980.59-0.820.54
-0.380.250.13-0.38-0.310.140.74-0.19-0.08-0.720.25-0.420.01-0.27-0.170.19-0.27-0.190.62-0.18-0.390.17-0.410.22-0.42
0.33-0.260.03-0.380.3-0.06-0.43-0.010.120.42-0.070.34-0.110.260.3-0.120.250.15-0.19-0.160.33-0.070.34-0.220.35
0.990.580.68-0.310.30.56-0.81-0.690.560.830.590.980.520.970.870.510.970.780.470.660.990.560.98-0.970.97
0.530.960.980.14-0.060.56-0.08-0.970.890.120.990.470.430.70.710.970.710.880.790.00.511.00.47-0.740.42
-0.85-0.07-0.190.74-0.43-0.81-0.080.18-0.17-1.0-0.07-0.89-0.27-0.7-0.59-0.03-0.7-0.430.12-0.69-0.86-0.06-0.880.69-0.9
-0.65-0.96-1.0-0.19-0.01-0.69-0.970.18-0.87-0.22-0.99-0.59-0.46-0.8-0.8-0.95-0.8-0.89-0.87-0.16-0.63-0.98-0.590.83-0.54
0.510.80.88-0.080.120.560.89-0.17-0.870.210.850.450.240.720.780.910.740.880.58-0.060.50.880.44-0.670.39
0.870.110.23-0.720.420.830.12-1.0-0.220.210.110.90.280.730.620.070.720.46-0.080.690.880.10.9-0.710.91
0.550.970.990.25-0.070.590.99-0.07-0.990.850.110.490.440.720.730.960.720.850.880.070.530.990.49-0.760.44
1.00.490.59-0.420.340.980.47-0.89-0.590.450.90.490.410.920.840.420.910.690.350.71.00.461.0-0.931.0
0.450.430.420.01-0.110.520.43-0.27-0.460.240.280.440.410.540.160.230.550.630.390.210.460.430.42-0.560.4
0.950.70.79-0.270.260.970.7-0.7-0.80.720.730.720.920.540.90.651.00.90.540.520.940.70.92-0.980.89
0.860.710.81-0.170.30.870.71-0.59-0.80.780.620.730.840.160.90.750.90.770.590.470.850.710.84-0.880.81
0.480.960.960.19-0.120.510.97-0.03-0.950.910.070.960.420.230.650.750.660.790.80.040.460.970.42-0.670.37
0.940.70.8-0.270.250.970.71-0.7-0.80.740.720.720.910.551.00.90.660.910.550.510.940.710.91-0.970.88
0.740.80.89-0.190.150.780.88-0.43-0.890.880.460.850.690.630.90.770.790.910.580.160.730.870.68-0.880.64
0.410.870.830.62-0.190.470.790.12-0.870.58-0.080.880.350.390.540.590.80.550.580.20.390.810.36-0.60.32
0.680.20.13-0.18-0.160.660.0-0.69-0.16-0.060.690.070.70.210.520.470.040.510.160.20.680.010.71-0.530.73
1.00.530.63-0.390.330.990.51-0.86-0.630.50.880.531.00.460.940.850.460.940.730.390.680.511.0-0.950.99
0.530.960.980.17-0.070.561.0-0.06-0.980.880.10.990.460.430.70.710.970.710.870.810.010.510.46-0.740.41
1.00.480.59-0.410.340.980.47-0.88-0.590.440.90.491.00.420.920.840.420.910.680.360.711.00.46-0.931.0
-0.96-0.74-0.820.22-0.22-0.97-0.740.690.83-0.67-0.71-0.76-0.93-0.56-0.98-0.88-0.67-0.97-0.88-0.6-0.53-0.95-0.74-0.93-0.91
0.990.440.54-0.420.350.970.42-0.9-0.540.390.910.441.00.40.890.810.370.880.640.320.730.990.411.0-0.91
Click cells to compare fundamentals

Alx Oncology Account Relationship Matchups

Alx Oncology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7M436.1M380.2M306.5M242.6M254.3M
Other Current Liab1.2M6.2M257K19.2M25.8M27.1M
Total Current Liabilities5.0M6.2M15.3M28.3M36.0M37.8M
Total Stockholder Equity(276K)(118.5M)(202.0M)(325.5M)189.7M199.2M
Other Liab547K5K1.8M53K61.0K57.9K
Net Tangible Assets(70.6M)429.8M363.0M263.5M303.0M205.5M
Property Plant And Equipment Net860K52K3.5M9.8M10.8M11.4M
Net Debt(3.6M)(434.2M)(362.9M)(272.5M)(5.2M)(5.5M)
Retained Earnings(72.8M)(118.5M)(202.0M)(325.5M)(486.3M)(462.0M)
Accounts Payable3.7M4K3.8M8.1M8.6M4.6M
Cash9.0M434.2M363.7M282.9M22.4M21.3M
Non Current Assets Total867K1.8M13.2M35.5M53.9M56.6M
Cash And Short Term Investments9.0M434.2M363.7M282.9M182.7M234.8M
Common Stock Shares Outstanding36.5M39.8M40.3M40.7M43.0M40.8M
Liabilities And Stockholders Equity10.7M436.1M(184.9M)(282.4M)242.6M254.7M
Non Current Liabilities Total6.0M5K1.8M14.7M16.8M17.7M
Capital Surpluse2.1M548.3M565.0M589.7M678.2M375.5M
Other Current Assets256K1.8M3.4M4.8M4.9M2.9M
Other Stockholder Equity2.1M118.5M(41K)804K675.7M709.5M
Total Liab11.0M436.1M17.1M43.0M52.8M74.9M
Net Invested Capital(65.2M)429.8M363.0M272.9M199.4M210.5M
Property Plant And Equipment Gross860K52K3.5M10.2M12.1M12.7M
Total Current Assets9.8M434.2M367.0M271.0M188.7M234.8M
Accumulated Other Comprehensive Income(1.4M)(554.6M)0.0(845K)256K268.8K
Net Working Capital4.8M429.8M351.7M242.6M152.7M218.2M
Property Plant Equipment860K52K897K3.9M4.5M4.7M

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When determining whether Alx Oncology Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alx Oncology'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 Alx Oncology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alx Oncology Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alx Oncology Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Alx Oncology's price analysis, check to measure Alx Oncology'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 Alx Oncology is operating at the current time. Most of Alx Oncology's value examination focuses on studying past and present price action to predict the probability of Alx Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alx Oncology's price. Additionally, you may evaluate how the addition of Alx Oncology to your portfolios can decrease your overall portfolio volatility.
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Is Alx Oncology'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 Alx Oncology. If investors know Alx 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 Alx Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.54)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.45)
Return On Equity
(0.82)
The market value of Alx Oncology Holdings is measured differently than its book value, which is the value of Alx that is recorded on the company's balance sheet. Investors also form their own opinion of Alx Oncology's value that differs from its market value or its book value, called intrinsic value, which is Alx Oncology'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 Alx Oncology's market value can be influenced by many factors that don't directly affect Alx Oncology'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 Alx Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alx Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alx Oncology'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.