Alx Retained Earnings vs Other Stockholder Equity 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 Retained Earnings and its Other Stockholder Equity 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.

Retained Earnings vs Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alx Oncology Holdings Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Alx Oncology's Retained Earnings and Other Stockholder Equity is -0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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 Retained Earnings and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Alx Oncology Holdings are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Alx Oncology's Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Stockholder Equity

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Alx Stock analysis

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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
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.