Alpha Book Value per Share vs Operating Income Analysis
AMR Stock | USD 333.00 3.50 1.06% |
Alpha Metallurgical financial indicator trend analysis is way more than just evaluating Alpha Metallurgical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Metallurgical is a good investment. Please check the relationship between Alpha Metallurgical Book Value Per Share and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Metallurgical Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Book Value Per Share vs Operating Income
Book Value per Share vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Metallurgical Book Value per Share account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Alpha Metallurgical's Book Value per Share and Operating Income is 0.04. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Operating Income in the same time period over historical financial statements of Alpha Metallurgical Resources, assuming nothing else is changed. The correlation between historical values of Alpha Metallurgical's Book Value per Share and Operating Income 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 Alpha Metallurgical Resources are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Book Value per Share i.e., Alpha Metallurgical's Book Value per Share and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Operating Income
Operating Income is the amount of profit realized from Alpha Metallurgical operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Alpha Metallurgical Resources is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Alpha Metallurgical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Metallurgical 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 Alpha Metallurgical Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Alpha Metallurgical's Tax Provision is relatively stable compared to the past year. As of 04/22/2024, Discontinued Operations is likely to grow to about 1.8 M, while Enterprise Value Over EBITDA is likely to drop 2.83.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 1.8B | 2.4B | 2.5B | 1.9B | EBITDA | 502.4M | 1.7B | 1.0B | 557.3M |
Alpha Metallurgical fundamental ratios Correlations
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Alpha Metallurgical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alpha Metallurgical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 18.8M | 18.3M | 18.9M | 18.2M | 14.6M | 14.6M | |
Total Assets | 2.3B | 1.7B | 1.9B | 2.3B | 2.4B | 2.1B | |
Short Long Term Debt Total | 593.0M | 582.5M | 448.6M | 11.0M | 14.4M | 13.7M | |
Other Current Liab | 33.6M | 158.6M | 28.2M | 282.1M | 174.6M | 132.1M | |
Total Current Liabilities | 315.2M | 259.1M | 295.9M | 402.6M | 309.9M | 308.9M | |
Total Stockholder Equity | 696.1M | 200.1M | 546.9M | 1.4B | 1.6B | 838.7M | |
Property Plant And Equipment Net | 1.1B | 826.9M | 806.5M | 893.7M | 1.0B | 967.1M | |
Current Deferred Revenue | 154.3M | 13.2M | 174.6M | 11.4M | 2.3M | 2.2M | |
Net Debt | 380.2M | 443.3M | 367.3M | (290.9M) | (253.8M) | (241.1M) | |
Retained Earnings | 86.8M | (360.5M) | (71.7M) | 1.3B | 2.0B | 2.1B | |
Accounts Payable | 98.7M | 58.4M | 90.1M | 106.0M | 128.8M | 98.3M | |
Cash | 212.8M | 139.2M | 81.2M | 301.9M | 268.2M | 184.2M | |
Non Current Assets Total | 1.6B | 1.2B | 1.1B | 1.2B | 1.4B | 1.3B | |
Non Currrent Assets Other | 308.3M | 254.9M | 229.0M | 214.8M | 59.7M | 56.7M | |
Other Assets | 482.0M | 230.8M | 229.0M | 249.2M | 1.0 | 0.95 | |
Long Term Debt | 564.5M | 553.7M | 444.8M | 7.9M | 6.8M | 6.5M | |
Cash And Short Term Investments | 212.8M | 139.2M | 81.2M | 348.0M | 268.2M | 189.8M | |
Net Receivables | 244.7M | 145.7M | 489.2M | 407.2M | 509.7M | 307.7M | |
Long Term Debt Total | 564.5M | 553.7M | 445.6M | 7.9M | 9.1M | 8.6M | |
Liabilities And Stockholders Equity | 2.3B | 1.7B | 1.9B | 2.3B | 2.4B | 2.1B | |
Non Current Liabilities Total | 1.3B | 1.2B | 1.0B | 480.1M | 522.2M | 906.3M | |
Inventory | 162.7M | 108.1M | 129.4M | 200.6M | 231.3M | 142.4M | |
Other Current Assets | 91.4M | 117.2M | 48.2M | 49.4M | 39.1M | 66.4M | |
Other Stockholder Equity | 667.7M | 672.4M | 676.9M | 166.4M | (355.2M) | (337.5M) | |
Total Liab | 1.6B | 1.5B | 1.3B | 882.7M | 832.1M | 1.2B | |
Property Plant And Equipment Gross | 1.1B | 832.5M | 1.3B | 1.5B | 1.7B | 1.2B | |
Total Current Assets | 711.5M | 510.1M | 748.0M | 1.1B | 1.0B | 737.2M | |
Accumulated Other Comprehensive Income | (58.6M) | (112.0M) | (58.5M) | (12.2M) | (40.6M) | (42.6M) | |
Short Term Debt | 28.5M | 28.8M | 3.0M | 3.1M | 4.2M | 3.9M | |
Intangible Assets | 125.1M | 88.2M | 74.2M | 55.1M | 46.6M | 80.8M | |
Property Plant Equipment | 966.7M | 832.5M | 444.3M | 893.7M | 804.3M | 621.1M | |
Other Liab | 721.2M | 662.2M | 569.3M | 468.3M | 538.6M | 578.4M | |
Net Tangible Assets | 571.9M | 111.9M | 472.7M | 1.4B | 1.6B | 1.7B | |
Common Stock Total Equity | 205K | 206K | 208K | 217K | 249.6K | 196.3K | |
Capital Surpluse | 775.7M | 779.4M | 784.7M | 815.4M | 937.8M | 629.1M | |
Short Long Term Debt | 28.5M | 28.8M | 3.0M | 3.1M | 3.6M | 3.4M | |
Cash And Equivalents | 212.8M | 139.2M | 81.2M | 301.9M | 347.2M | 194.6M | |
Common Stock | 205K | 206K | 208K | 217K | 221K | 202.1K |
Pair Trading with Alpha Metallurgical
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 Alpha Metallurgical 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 Alpha Metallurgical will appreciate offsetting losses from the drop in the long position's value.Moving together with Alpha Stock
0.77 | METC | Ramaco Resources Financial Report 1st of May 2024 | PairCorr |
Moving against Alpha Stock
0.8 | CE | Celanese Financial Report 14th of May 2024 | PairCorr |
0.79 | FF | FutureFuel Corp | PairCorr |
0.78 | OR | Osisko Gold Ro Financial Report 8th of May 2024 | PairCorr |
0.76 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
0.7 | DD | Dupont De Nemours Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Alpha Metallurgical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Metallurgical 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 Alpha Metallurgical - 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 Alpha Metallurgical Resources to buy it.
The correlation of Alpha Metallurgical 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 Alpha Metallurgical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Metallurgical 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 Alpha Metallurgical 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Metallurgical Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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Is Alpha Metallurgical'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 Alpha Metallurgical. If investors know Alpha 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 Alpha Metallurgical 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 (0.04) | Dividend Share 1.94 | Earnings Share 49.29 | Revenue Per Share 246.087 | Quarterly Revenue Growth 0.166 |
The market value of Alpha Metallurgical is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Metallurgical's value that differs from its market value or its book value, called intrinsic value, which is Alpha Metallurgical'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 Alpha Metallurgical's market value can be influenced by many factors that don't directly affect Alpha Metallurgical'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 Alpha Metallurgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Metallurgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Metallurgical'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.