Alliance Debt to Equity Ratio vs Earnings before Tax Analysis

ARLP Stock  USD 20.19  0.22  1.10%   
Trend analysis of Alliance Resource Partners balance sheet accounts such as Short Long Term Debt Total of 512.4 M, Total Current Liabilities of 199.6 M or Total Stockholder Equity of 1.9 B provides information on Alliance Resource's total assets, liabilities, and equity, which is the actual value of Alliance Resource to its prevalent stockholders. By breaking down trends over time using Alliance Resource balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alliance Resource Partners. 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.

About Alliance Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Alliance Resource at a specified time, usually calculated after every quarter, six months, or one year. Alliance Resource Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alliance Resource and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Alliance currently owns. An asset can also be divided into two categories, current and non-current.

Alliance Resource Balance Sheet Chart

Alliance Resource Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Alliance Resource uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Alliance Resource's Short Term Investments are relatively stable compared to the past year. As of 03/28/2024, Inventory is likely to grow to about 133.9 M, while Non Current Assets Total are likely to drop slightly above 1.3 B.

Total Assets

Total assets refers to the total amount of Alliance Resource assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Alliance Resource books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Alliance Resource balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alliance Resource Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Alliance Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alliance Resource 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 Alliance Resource Partners. 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.
As of 03/28/2024, Selling General Administrative is likely to drop to about 54.8 M. In addition to that, Tax Provision is likely to drop to about 7.7 M
 2021 2022 2023 2024 (projected)
Interest Expense39.2M37.3M42.8M29.6M
Depreciation And Amortization261.4M273.8M268.0M188.2M

Alliance Resource fundamental ratios Correlations

0.630.60.450.650.85-0.390.120.340.64-0.120.760.390.330.640.56-0.18-0.280.270.030.420.50.160.190.69-0.29
0.630.680.180.930.55-0.640.33-0.150.60.170.940.510.460.710.48-0.01-0.10.06-0.380.140.22-0.180.090.23-0.49
0.60.680.430.620.64-0.720.02-0.010.260.030.740.870.880.60.520.01-0.070.27-0.280.40.580.040.310.43-0.78
0.450.180.430.130.640.01-0.750.520.31-0.630.40.080.250.460.520.10.030.90.640.840.890.870.530.670.06
0.650.930.620.130.5-0.680.43-0.270.430.280.830.560.480.620.31-0.39-0.46-0.03-0.40.190.18-0.26-0.210.14-0.56
0.850.550.640.640.5-0.28-0.180.550.7-0.370.780.330.330.860.620.01-0.090.420.260.50.570.390.470.9-0.17
-0.39-0.64-0.720.01-0.68-0.28-0.410.41-0.05-0.45-0.55-0.74-0.83-0.29-0.320.240.290.070.740.08-0.090.420.110.040.88
0.120.330.02-0.750.43-0.18-0.41-0.40.020.70.120.310.10.02-0.33-0.34-0.34-0.84-0.73-0.61-0.6-0.84-0.62-0.39-0.41
0.34-0.15-0.010.52-0.270.550.41-0.40.51-0.780.13-0.26-0.280.40.230.340.30.380.720.340.340.580.510.770.46
0.640.60.260.310.430.7-0.050.020.51-0.350.74-0.08-0.150.740.540.320.240.250.180.10.210.170.410.650.19
-0.120.170.03-0.630.28-0.37-0.450.7-0.78-0.35-0.050.280.26-0.2-0.2-0.34-0.33-0.61-0.76-0.53-0.37-0.61-0.54-0.57-0.46
0.760.940.740.40.830.78-0.550.120.130.74-0.050.460.430.850.650.10.00.25-0.160.280.410.050.330.54-0.38
0.390.510.870.080.560.33-0.740.31-0.26-0.080.280.460.910.340.1-0.23-0.27-0.12-0.490.230.28-0.28-0.070.1-0.93
0.330.460.880.250.480.33-0.830.1-0.28-0.150.260.430.910.280.28-0.15-0.190.13-0.470.270.39-0.110.090.09-0.94
0.640.710.60.460.620.86-0.290.020.40.74-0.20.850.340.280.430.09-0.010.190.150.290.380.250.320.71-0.17
0.560.480.520.520.310.62-0.32-0.330.230.54-0.20.650.10.280.430.350.280.62-0.010.330.570.320.720.57-0.12
-0.18-0.010.010.1-0.390.010.24-0.340.340.32-0.340.1-0.23-0.150.090.350.990.210.14-0.160.040.240.790.180.29
-0.28-0.1-0.070.03-0.46-0.090.29-0.340.30.24-0.330.0-0.27-0.19-0.010.280.990.170.14-0.19-0.020.20.750.090.32
0.270.060.270.9-0.030.420.07-0.840.380.25-0.610.25-0.120.130.190.620.210.170.550.690.810.790.60.490.17
0.03-0.38-0.280.64-0.40.260.74-0.730.720.18-0.76-0.16-0.49-0.470.15-0.010.140.140.550.570.450.850.320.510.7
0.420.140.40.840.190.50.08-0.610.340.1-0.530.280.230.270.290.33-0.16-0.190.690.570.790.690.280.5-0.06
0.50.220.580.890.180.57-0.09-0.60.340.21-0.370.410.280.390.380.570.04-0.020.810.450.790.750.450.61-0.12
0.16-0.180.040.87-0.260.390.42-0.840.580.17-0.610.05-0.28-0.110.250.320.240.20.790.850.690.750.530.570.43
0.190.090.310.53-0.210.470.11-0.620.510.41-0.540.33-0.070.090.320.720.790.750.60.320.280.450.530.590.16
0.690.230.430.670.140.90.04-0.390.770.65-0.570.540.10.090.710.570.180.090.490.510.50.610.570.590.11
-0.29-0.49-0.780.06-0.56-0.170.88-0.410.460.19-0.46-0.38-0.93-0.94-0.17-0.120.290.320.170.7-0.06-0.120.430.160.11
Click cells to compare fundamentals

Alliance Resource Account Relationship Matchups

Alliance Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.2B2.2B1.0B2.8B1.5B
Short Long Term Debt Total809.5M609.8M450.7M434.3M350.8M512.4M
Total Current Liabilities195.6M214.6M177.6M255.6M227.5M199.6M
Total Stockholder Equity1.3B1.1B1.2B1.6B1.8B1.9B
Net Debt773.0M554.2M328.3M138.3M291.0M425.0M
Non Current Assets Total2.3B1.9B1.8B1.9B2.3B1.3B
Non Currrent Assets Other23.5M16.6M76.6M(35.8M)89.9M94.4M
Other Assets75.5M73.4M76.6M(1.5B)(1.4B)(1.3B)
Common Stock Shares Outstanding130.8M128.1M127.2M127.2M127.2M99.2M
Liabilities And Stockholders Equity2.6B2.2B934.6M2.7B2.8B1.5B
Non Current Liabilities Total1.1B879.1M755.8M764.4M702.4M630.4M
Other Stockholder Equity(1.4B)(1.2B)65.2M(1.7B)(1.5B)(1.5B)
Total Liab1.3B1.1B933.3M1.0B929.8M877.5M
Short Term Debt24.8M75.8M18.7M25.0M20.3M19.3M
Other Current Liab21.1M21.9M71.5M135.5M98.9M97.6M
Property Plant And Equipment Net2.0B1.8B1.7B1.8B1.2B1.1B
Accounts Payable80.6M47.5M69.6M95.1M108.3M70.2M
Cash36.5M55.6M122.4M296.0M59.8M90.9M
Cash And Short Term Investments36.5M55.6M122.4M296.0M59.8M100.2M
Net Receivables161.9M108.1M130.2M247.2M292.3M306.9M
Short Term Investments626.0M624.0M653.6M744.7M856.4M899.3M
Inventory101.3M56.4M60.3M77.3M127.6M133.9M
Other Current Assets18.0M21.6M26.3M26.7M36.5M38.3M
Property Plant And Equipment Gross2.0B1.8B3.6B3.9B4.2B4.4B
Total Current Assets319.6M245.8M339.2M654.8M516.1M309.4M
Accumulated Other Comprehensive Income1.3B1.1B(64.2M)1.7B(61.5M)(58.4M)
Other Liab341.0M345.2M323.8M355.1M408.4M224.4M
Current Deferred Revenue(138.7M)69.2M69.4M71.9M64.7M67.9M
Long Term Debt768.2M519.4M418.9M397.2M316.8M468.0M
Common Stock1.3B1.1B1.3B1.7B1.9B2.0B
Property Plant Equipment2.0B1.8B1.7B1.8B2.1B1.2B
Intangible Assets16.1M9.3M136.4M4.4M5.0M4.8M
Net Tangible Assets1.1B1.1B1.2B1.6B1.9B1.1B
Long Term Debt Total768.2M519.4M418.9M397.2M357.5M488.3M
Capital Lease Obligations28.2M17.2M15.6M12.1M13.7M13.0M
Non Current Liabilities Other357.5M359.7M22.3M124.9M18.4M17.5M
Long Term Investments28.5M27.3M26.3M91.4M139.0M87.0M

Pair Trading with Alliance Resource

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

Moving together with Alliance Stock

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Moving against Alliance Stock

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The ability to find closely correlated positions to Alliance Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alliance Resource 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 Alliance Resource - 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 Alliance Resource Partners to buy it.
The correlation of Alliance Resource 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 Alliance Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alliance Resource 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 Alliance Resource 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 Alliance Resource 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 Alliance 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 Alliance Resource Partners Stock. Highlighted below are key reports to facilitate an investment decision about Alliance Resource Partners Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alliance Resource Partners. 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.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Alliance Resource'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 Alliance Resource. If investors know Alliance 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 Alliance Resource 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
(0.45)
Dividend Share
2.8
Earnings Share
4.81
Revenue Per Share
20.182
Quarterly Revenue Growth
(0.11)
The market value of Alliance Resource is measured differently than its book value, which is the value of Alliance that is recorded on the company's balance sheet. Investors also form their own opinion of Alliance Resource's value that differs from its market value or its book value, called intrinsic value, which is Alliance Resource'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 Alliance Resource's market value can be influenced by many factors that don't directly affect Alliance Resource'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 Alliance Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alliance Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alliance Resource'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.