Alpha Retained Earnings vs Short Long Term Debt Total Analysis

APT Stock

USD 5.00 0.31 5.84%

Alpha Pro financial indicator trend analysis is way more than just evaluating Alpha Pro Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Pro Tech is a good investment. Please check the relationship between Alpha Pro Retained Earnings and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Pro Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Retained Earnings vs Short Long Term Debt Total

Retained Earnings vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Pro Tech Retained Earnings account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.

The correlation between Alpha Pro's Retained Earnings and Short Long Term Debt Total is 0.34. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Alpha Pro Tech, assuming nothing else is changed. The correlation between historical values of Alpha Pro's Retained Earnings and Short Long Term Debt Total 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 Alpha Pro Tech are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Retained Earnings i.e., Alpha Pro's Retained Earnings and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Short Long Term Debt Total

Most indicators from Alpha Pro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Pro Tech 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 Pro Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

At this time, Alpha Pro's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 12.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	25.3M	21.7M	21.9M	17.9M
Total Revenue	68.6M	62.0M	61.2M	44.1M

Gross Profit Total Revenue

Alpha Pro fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.27	0.38	0.3	1.0	0.7	0.3	-0.83	0.87	-0.11	0.78	0.75	-0.52	0.79	0.72	-0.69	-0.56	0.75	0.56	0.87	0.81	-0.49	0.68	0.42	0.99	0.3
Short Long Term Debt Total	0.27		0.48	0.01	0.25	0.54	0.13	-0.48	0.34	-0.14	0.55	0.56	-0.06	0.57	0.32	-0.23	-0.11	0.4	0.68	0.11	0.39	0.13	0.27	0.73	0.25	-0.27
Other Current Liab	0.38	0.48		0.64	0.34	0.23	-0.28	-0.54	0.43	0.42	0.49	0.35	0.24	0.52	0.5	-0.41	-0.32	0.27	0.26	0.04	0.38	-0.43	0.54	0.13	0.38	-0.11
Total Current Liabilities	0.3	0.01	0.64		0.23	0.32	0.13	-0.46	0.35	0.79	0.5	0.33	0.4	0.49	0.42	-0.35	-0.46	0.44	0.3	-0.06	0.26	-0.45	0.78	0.17	0.29	0.56
Total Stockholder Equity	1.0	0.25	0.34	0.23		0.67	0.29	-0.82	0.87	-0.17	0.76	0.73	-0.57	0.77	0.71	-0.67	-0.53	0.72	0.52	0.9	0.82	-0.48	0.61	0.39	0.99	0.24
Property Plant And Equipment Net	0.7	0.54	0.23	0.32	0.67		0.72	-0.75	0.83	-0.17	0.88	0.98	-0.32	0.86	0.48	-0.64	-0.62	0.9	0.92	0.55	0.72	-0.36	0.67	0.89	0.65	0.54
Current Deferred Revenue	0.3	0.13	-0.28	0.13	0.29	0.72		-0.38	0.43	-0.15	0.53	0.62	-0.26	0.5	0.02	-0.36	-0.45	0.74	0.64	0.32	0.49	-0.09	0.34	0.76	0.27	0.62
Net Debt	-0.83	-0.48	-0.54	-0.46	-0.82	-0.75	-0.38		-0.87	-0.09	-0.96	-0.79	0.36	-0.97	-0.68	0.6	0.49	-0.82	-0.62	-0.63	-0.88	0.41	-0.62	-0.59	-0.84	-0.2
Retained Earnings	0.87	0.34	0.43	0.35	0.87	0.83	0.43	-0.87		-0.19	0.87	0.91	-0.4	0.87	0.65	-0.81	-0.71	0.81	0.64	0.71	0.84	-0.7	0.6	0.55	0.85	0.36
Accounts Payable	-0.11	-0.14	0.42	0.79	-0.17	-0.17	-0.15	-0.09	-0.19		0.08	-0.21	0.55	0.08	0.17	0.19	0.07	0.02	-0.11	-0.34	-0.1	0.05	0.41	-0.16	-0.09	0.2
Cash	0.78	0.55	0.49	0.5	0.76	0.88	0.53	-0.96	0.87	0.08		0.9	-0.3	0.99	0.62	-0.63	-0.56	0.89	0.78	0.56	0.84	-0.4	0.7	0.75	0.77	0.36
Non Current Assets Total	0.75	0.56	0.35	0.33	0.73	0.98	0.62	-0.79	0.91	-0.21	0.9		-0.31	0.88	0.53	-0.74	-0.68	0.87	0.87	0.58	0.76	-0.49	0.66	0.82	0.71	0.46
Non Currrent Assets Other	-0.52	-0.06	0.24	0.4	-0.57	-0.32	-0.26	0.36	-0.4	0.55	-0.3	-0.31		-0.32	-0.21	0.01	-0.15	-0.41	-0.28	-0.81	-0.57	-0.08	0.04	-0.18	-0.57	0.09
Cash And Short Term Investments	0.79	0.57	0.52	0.49	0.77	0.86	0.5	-0.97	0.87	0.08	0.99	0.88	-0.32		0.64	-0.62	-0.54	0.91	0.79	0.58	0.87	-0.39	0.71	0.74	0.79	0.31
Net Receivables	0.72	0.32	0.5	0.42	0.71	0.48	0.02	-0.68	0.65	0.17	0.62	0.53	-0.21	0.64		-0.44	-0.33	0.56	0.39	0.52	0.63	-0.37	0.56	0.29	0.74	0.1
Common Stock Total Equity	-0.69	-0.23	-0.41	-0.35	-0.67	-0.64	-0.36	0.6	-0.81	0.19	-0.63	-0.74	0.01	-0.62	-0.44		0.96	-0.56	-0.46	-0.4	-0.53	0.84	-0.58	-0.44	-0.62	-0.42
Common Stock Shares Outstanding	-0.56	-0.11	-0.32	-0.46	-0.53	-0.62	-0.45	0.49	-0.71	0.07	-0.56	-0.68	-0.15	-0.54	-0.33	0.96		-0.54	-0.45	-0.25	-0.42	0.83	-0.62	-0.44	-0.48	-0.59
Short Term Investments	0.75	0.4	0.27	0.44	0.72	0.9	0.74	-0.82	0.81	0.02	0.89	0.87	-0.41	0.91	0.56	-0.56	-0.54		0.84	0.63	0.88	-0.32	0.7	0.78	0.74	0.5
Non Current Liabilities Total	0.56	0.68	0.26	0.3	0.52	0.92	0.64	-0.62	0.64	-0.11	0.78	0.87	-0.28	0.79	0.39	-0.46	-0.45	0.84		0.4	0.6	-0.13	0.69	0.91	0.52	0.44
Inventory	0.87	0.11	0.04	-0.06	0.9	0.55	0.32	-0.63	0.71	-0.34	0.56	0.58	-0.81	0.58	0.52	-0.4	-0.25	0.63	0.4		0.76	-0.26	0.34	0.29	0.89	0.13
Other Current Assets	0.81	0.39	0.38	0.26	0.82	0.72	0.49	-0.88	0.84	-0.1	0.84	0.76	-0.57	0.87	0.63	-0.53	-0.42	0.88	0.6	0.76		-0.35	0.48	0.57	0.83	0.13
Other Stockholder Equity	-0.49	0.13	-0.43	-0.45	-0.48	-0.36	-0.09	0.41	-0.7	0.05	-0.4	-0.49	-0.08	-0.39	-0.37	0.84	0.83	-0.32	-0.13	-0.26	-0.35		-0.42	-0.03	-0.44	-0.42
Total Liab	0.68	0.27	0.54	0.78	0.61	0.67	0.34	-0.62	0.6	0.41	0.7	0.66	0.04	0.71	0.56	-0.58	-0.62	0.7	0.69	0.34	0.48	-0.42		0.49	0.64	0.65
Property Plant And Equipment Gross	0.42	0.73	0.13	0.17	0.39	0.89	0.76	-0.59	0.55	-0.16	0.75	0.82	-0.18	0.74	0.29	-0.44	-0.44	0.78	0.91	0.29	0.57	-0.03	0.49		0.38	0.33
Total Current Assets	0.99	0.25	0.38	0.29	0.99	0.65	0.27	-0.84	0.85	-0.09	0.77	0.71	-0.57	0.79	0.74	-0.62	-0.48	0.74	0.52	0.89	0.83	-0.44	0.64	0.38		0.23
Short Term Debt	0.3	-0.27	-0.11	0.56	0.24	0.54	0.62	-0.2	0.36	0.2	0.36	0.46	0.09	0.31	0.1	-0.42	-0.59	0.5	0.44	0.13	0.13	-0.42	0.65	0.33	0.23

Click cells to compare fundamentals

Alpha Pro Account Relationship Matchups

Alpha Pro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.1M	68.8M	67.9M	64.8M	68.8M	35.3M
Other Current Liab	920K	2.8M	1.3M	69K	1.1M	1.2M
Total Current Liabilities	2.3M	5.9M	2.7M	2.4M	2.6M	2.8M
Total Stockholder Equity	33.2M	60.0M	62.6M	60.8M	61.6M	31.3M
Property Plant And Equipment Net	6.2M	7.9M	8.7M	7.5M	10.4M	10.9M
Net Debt	(3.3M)	(19.7M)	(13.6M)	(14.5M)	(15.5M)	(14.8M)
Retained Earnings	32.4M	59.5M	62.5M	62.1M	46.6M	48.9M
Accounts Payable	501K	2.0M	528K	674K	802K	820.1K
Cash	6.5M	23.3M	16.3M	16.3M	20.4M	21.4M
Non Current Assets Total	11.1M	13.5M	14.9M	12.2M	15.7M	16.5M
Non Currrent Assets Other	(224K)	(211K)	(791K)	(764K)	(442K)	(464.1K)
Cash And Short Term Investments	6.9M	23.3M	16.3M	16.3M	20.4M	21.4M
Net Receivables	4.3M	9.0M	4.8M	7.0M	6.5M	5.1M
Common Stock Total Equity	143K	135K	129K	123K	110.7K	161.8K
Common Stock Shares Outstanding	13.2M	14.0M	13.5M	12.8M	11.9M	16.3M
Short Term Investments	343K	258K	335K	5.5M	6.4M	6.7M
Liabilities And Stockholders Equity	38.1M	68.8M	67.9M	64.8M	68.8M	35.3M
Non Current Liabilities Total	2.6M	2.9M	2.6M	1.6M	4.6M	4.9M
Inventory	11.3M	16.7M	25.0M	24.4M	20.1M	12.6M
Other Current Assets	898K	6.2M	6.9M	6.5M	6.0M	6.3M
Other Stockholder Equity	657K	409.0K	132K	(1.5M)	16.3M	15.5M
Total Liab	4.9M	8.8M	5.3M	4.0M	7.2M	4.0M
Property Plant And Equipment Gross	6.2M	7.9M	8.7M	7.5M	24.0M	25.2M
Total Current Assets	26.9M	55.3M	53.0M	52.6M	53.1M	28.2M
Intangible Assets	11K	7K	3K	1K	900.0	855.0
Property Plant Equipment	3.9M	4.4M	8.7M	5.7M	6.6M	4.1M
Net Tangible Assets	33.2M	60.0M	62.6M	60.7M	69.8M	45.0M
Retained Earnings Total Equity	29.4M	32.4M	59.5M	62.1M	71.4M	75.0M
Long Term Investments	4.8M	5.5M	6.1M	4.7M	5.2M	4.4M
Other Liab	224K	211K	791K	764K	687.6K	605.7K
Net Invested Capital	33.2M	60.0M	62.6M	60.8M	61.6M	53.7M

Pair Trading with Alpha Pro

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

Moving together with Alpha Stock

0.72

Quanex Building Products Earnings Call This Week

Pair Corr

Moving against Alpha Stock

0.75	ASPN	Aspen Aerogels	Pair Corr
0.66	APOG	Apogee Enterprises Financial Report 28th of June 2024	Pair Corr
0.63	TT	Trane Technologies plc	Pair Corr
0.63	LPX	Louisiana Pacific	Pair Corr
0.61	PPIH	Perma Pipe Internati	Pair Corr

The ability to find closely correlated positions to Alpha Pro 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 Pro 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 Pro - 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 Pro Tech to buy it.

The correlation of Alpha Pro 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 Pro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Pro Tech 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 Pro 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 Correlation Correlation Matching

When determining whether Alpha Pro Tech 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 Alpha 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 Alpha Pro Tech Stock. Highlighted below are key reports to facilitate an investment decision about Alpha Pro Tech Stock:

How To Invest In Alpha

Details

Is Alpha Stock a good investment?

Details

What is Alpha Pro's Net Worth?

Details

Largest Building Products Companies

View

Largest Building Products & Equipment Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Pro Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Alpha Stock analysis

When running Alpha Pro's price analysis, check to measure Alpha Pro'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 Alpha Pro is operating at the current time. Most of Alpha Pro's value examination focuses on studying past and present price action to predict the probability of Alpha Pro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Pro's price. Additionally, you may evaluate how the addition of Alpha Pro to your portfolios can decrease your overall portfolio volatility.

	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges

Is Alpha Pro'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 Pro. 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 Pro 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

0.101

Earnings Share

0.35

Revenue Per Share

5.233

Quarterly Revenue Growth

(0.02)

Return On Assets

0.0368

The market value of Alpha Pro Tech 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 Pro's value that differs from its market value or its book value, called intrinsic value, which is Alpha Pro'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 Pro's market value can be influenced by many factors that don't directly affect Alpha Pro'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 Pro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Pro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Pro'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Alpha Retained Earnings vs Short Long Term Debt Total Analysis

Retained Earnings vs Short Long Term Debt Total

Retained Earnings vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Long Term Debt Total

Alpha Pro fundamental ratios Correlations

Alpha Pro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alpha Pro fundamental ratios Accounts

Pair Trading with Alpha Pro

Moving together with Alpha Stock

Moving against Alpha Stock

Complementary Tools for Alpha Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Common Stock Shares Outstanding	+ 0.96	Common Stock Total Equity

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.96	Net Debt
Other Current Assets	- 0.88	Net Debt
Retained Earnings	- 0.87	Net Debt
Total Current Assets	- 0.84	Net Debt
Net Debt	- 0.83	Total Assets