Alliance Payout Ratio vs Current Ratio Analysis

ARLP Stock

USD 21.02 0.11 0.52%

Alliance Resource financial indicator trend analysis is way more than just evaluating Alliance Resource prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliance Resource is a good investment. Please check the relationship between Alliance Resource Payout Ratio and its Current Ratio accounts. 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.

Payout Ratio vs Current Ratio

Payout Ratio vs Current Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliance Resource Payout Ratio account and Current Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Alliance Resource's Payout Ratio and Current Ratio is -0.28. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Current Ratio in the same time period over historical financial statements of Alliance Resource Partners, assuming nothing else is changed. The correlation between historical values of Alliance Resource's Payout Ratio and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Alliance Resource Partners are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Payout Ratio i.e., Alliance Resource's Payout Ratio and Current Ratio go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Alliance Resource Partners earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Alliance Resource dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Alliance Resource is paying out more in dividends than it makes in net income.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

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 04/18/2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Selling General Administrative is likely to drop slightly above 54.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	39.2M	37.3M	42.8M	29.6M
Depreciation And Amortization	261.4M	273.8M	268.0M	188.2M

Interest Expense Depreciation And Amortization

Alliance Resource fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Current Deferred Revenue
Total Assets		0.63	0.6	0.45	0.65	0.85	-0.39	0.12	0.34	0.64	-0.12	0.76	0.39	0.33	0.64	0.56	-0.18	-0.28	0.27	0.03	0.42	0.5	0.16	0.19	0.69	-0.29
Short Long Term Debt Total	0.63		0.68	0.18	0.93	0.55	-0.64	0.33	-0.15	0.6	0.17	0.94	0.51	0.46	0.71	0.48	-0.01	-0.1	0.06	-0.38	0.14	0.22	-0.18	0.09	0.23	-0.49
Total Current Liabilities	0.6	0.68		0.43	0.62	0.64	-0.72	0.02	-0.01	0.26	0.03	0.74	0.87	0.88	0.6	0.52	0.01	-0.07	0.27	-0.28	0.4	0.58	0.04	0.31	0.43	-0.78
Total Stockholder Equity	0.45	0.18	0.43		0.13	0.64	0.01	-0.75	0.52	0.31	-0.63	0.4	0.08	0.25	0.46	0.52	0.1	0.03	0.9	0.64	0.84	0.89	0.87	0.53	0.67	0.06
Net Debt	0.65	0.93	0.62	0.13		0.5	-0.68	0.43	-0.27	0.43	0.28	0.83	0.56	0.48	0.62	0.31	-0.39	-0.46	-0.03	-0.4	0.19	0.18	-0.26	-0.21	0.14	-0.56
Non Current Assets Total	0.85	0.55	0.64	0.64	0.5		-0.28	-0.18	0.55	0.7	-0.37	0.78	0.33	0.33	0.86	0.62	0.01	-0.09	0.42	0.26	0.5	0.57	0.39	0.47	0.9	-0.17
Non Currrent Assets Other	-0.39	-0.64	-0.72	0.01	-0.68	-0.28		-0.41	0.41	-0.05	-0.45	-0.55	-0.74	-0.83	-0.29	-0.32	0.24	0.29	0.07	0.74	0.08	-0.09	0.42	0.11	0.04	0.88
Other Assets	0.12	0.33	0.02	-0.75	0.43	-0.18	-0.41		-0.4	0.02	0.7	0.12	0.31	0.1	0.02	-0.33	-0.34	-0.34	-0.84	-0.73	-0.61	-0.6	-0.84	-0.62	-0.39	-0.41
Common Stock Shares Outstanding	0.34	-0.15	-0.01	0.52	-0.27	0.55	0.41	-0.4		0.51	-0.78	0.13	-0.26	-0.28	0.4	0.23	0.34	0.3	0.38	0.72	0.34	0.34	0.58	0.51	0.77	0.46
Non Current Liabilities Total	0.64	0.6	0.26	0.31	0.43	0.7	-0.05	0.02	0.51		-0.35	0.74	-0.08	-0.15	0.74	0.54	0.32	0.24	0.25	0.18	0.1	0.21	0.17	0.41	0.65	0.19
Other Stockholder Equity	-0.12	0.17	0.03	-0.63	0.28	-0.37	-0.45	0.7	-0.78	-0.35		-0.05	0.28	0.26	-0.2	-0.2	-0.34	-0.33	-0.61	-0.76	-0.53	-0.37	-0.61	-0.54	-0.57	-0.46
Total Liab	0.76	0.94	0.74	0.4	0.83	0.78	-0.55	0.12	0.13	0.74	-0.05		0.46	0.43	0.85	0.65	0.1	0.0	0.25	-0.16	0.28	0.41	0.05	0.33	0.54	-0.38
Short Term Debt	0.39	0.51	0.87	0.08	0.56	0.33	-0.74	0.31	-0.26	-0.08	0.28	0.46		0.91	0.34	0.1	-0.23	-0.27	-0.12	-0.49	0.23	0.28	-0.28	-0.07	0.1	-0.93
Other Current Liab	0.33	0.46	0.88	0.25	0.48	0.33	-0.83	0.1	-0.28	-0.15	0.26	0.43	0.91		0.28	0.28	-0.15	-0.19	0.13	-0.47	0.27	0.39	-0.11	0.09	0.09	-0.94
Property Plant And Equipment Net	0.64	0.71	0.6	0.46	0.62	0.86	-0.29	0.02	0.4	0.74	-0.2	0.85	0.34	0.28		0.43	0.09	-0.01	0.19	0.15	0.29	0.38	0.25	0.32	0.71	-0.17
Accounts Payable	0.56	0.48	0.52	0.52	0.31	0.62	-0.32	-0.33	0.23	0.54	-0.2	0.65	0.1	0.28	0.43		0.35	0.28	0.62	-0.01	0.33	0.57	0.32	0.72	0.57	-0.12
Cash	-0.18	-0.01	0.01	0.1	-0.39	0.01	0.24	-0.34	0.34	0.32	-0.34	0.1	-0.23	-0.15	0.09	0.35		0.99	0.21	0.14	-0.16	0.04	0.24	0.79	0.18	0.29
Cash And Short Term Investments	-0.28	-0.1	-0.07	0.03	-0.46	-0.09	0.29	-0.34	0.3	0.24	-0.33	0.0	-0.27	-0.19	-0.01	0.28	0.99		0.17	0.14	-0.19	-0.02	0.2	0.75	0.09	0.32
Net Receivables	0.27	0.06	0.27	0.9	-0.03	0.42	0.07	-0.84	0.38	0.25	-0.61	0.25	-0.12	0.13	0.19	0.62	0.21	0.17		0.55	0.69	0.81	0.79	0.6	0.49	0.17
Short Term Investments	0.03	-0.38	-0.28	0.64	-0.4	0.26	0.74	-0.73	0.72	0.18	-0.76	-0.16	-0.49	-0.47	0.15	-0.01	0.14	0.14	0.55		0.57	0.45	0.85	0.32	0.51	0.7
Inventory	0.42	0.14	0.4	0.84	0.19	0.5	0.08	-0.61	0.34	0.1	-0.53	0.28	0.23	0.27	0.29	0.33	-0.16	-0.19	0.69	0.57		0.79	0.69	0.28	0.5	-0.06
Other Current Assets	0.5	0.22	0.58	0.89	0.18	0.57	-0.09	-0.6	0.34	0.21	-0.37	0.41	0.28	0.39	0.38	0.57	0.04	-0.02	0.81	0.45	0.79		0.75	0.45	0.61	-0.12
Property Plant And Equipment Gross	0.16	-0.18	0.04	0.87	-0.26	0.39	0.42	-0.84	0.58	0.17	-0.61	0.05	-0.28	-0.11	0.25	0.32	0.24	0.2	0.79	0.85	0.69	0.75		0.53	0.57	0.43
Total Current Assets	0.19	0.09	0.31	0.53	-0.21	0.47	0.11	-0.62	0.51	0.41	-0.54	0.33	-0.07	0.09	0.32	0.72	0.79	0.75	0.6	0.32	0.28	0.45	0.53		0.59	0.16
Other Liab	0.69	0.23	0.43	0.67	0.14	0.9	0.04	-0.39	0.77	0.65	-0.57	0.54	0.1	0.09	0.71	0.57	0.18	0.09	0.49	0.51	0.5	0.61	0.57	0.59		0.11
Current Deferred Revenue	-0.29	-0.49	-0.78	0.06	-0.56	-0.17	0.88	-0.41	0.46	0.19	-0.46	-0.38	-0.93	-0.94	-0.17	-0.12	0.29	0.32	0.17	0.7	-0.06	-0.12	0.43	0.16	0.11

Click cells to compare fundamentals

Alliance Resource Account Relationship Matchups

Alliance Resource fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.2B	2.2B	1.0B	2.8B	1.5B
Short Long Term Debt Total	809.5M	609.8M	450.7M	434.3M	350.8M	512.4M
Total Current Liabilities	195.6M	214.6M	177.6M	255.6M	227.5M	199.6M
Total Stockholder Equity	1.3B	1.1B	1.2B	1.6B	1.8B	1.9B
Net Debt	773.0M	554.2M	328.3M	138.3M	291.0M	425.0M
Non Current Assets Total	2.3B	1.9B	1.8B	1.9B	2.3B	1.3B
Non Currrent Assets Other	23.5M	16.6M	76.6M	(35.8M)	89.9M	94.4M
Other Assets	75.5M	73.4M	76.6M	(1.5B)	(1.4B)	(1.3B)
Common Stock Shares Outstanding	130.8M	128.1M	127.2M	127.2M	127.2M	99.2M
Liabilities And Stockholders Equity	2.6B	2.2B	934.6M	2.7B	2.8B	1.5B
Non Current Liabilities Total	1.1B	879.1M	755.8M	764.4M	702.4M	630.4M
Other Stockholder Equity	(1.4B)	(1.2B)	65.2M	(1.7B)	(1.5B)	(1.5B)
Total Liab	1.3B	1.1B	933.3M	1.0B	929.8M	877.5M
Short Term Debt	24.8M	75.8M	18.7M	25.0M	20.3M	19.3M
Other Current Liab	21.1M	21.9M	71.5M	135.5M	98.9M	97.6M
Property Plant And Equipment Net	2.0B	1.8B	1.7B	1.8B	1.2B	1.1B
Accounts Payable	80.6M	47.5M	69.6M	95.1M	108.3M	70.2M
Cash	36.5M	55.6M	122.4M	296.0M	59.8M	90.9M
Cash And Short Term Investments	36.5M	55.6M	122.4M	296.0M	59.8M	100.2M
Net Receivables	161.9M	108.1M	130.2M	247.2M	292.3M	306.9M
Short Term Investments	626.0M	624.0M	653.6M	744.7M	856.4M	899.3M
Inventory	101.3M	56.4M	60.3M	77.3M	127.6M	133.9M
Other Current Assets	18.0M	21.6M	26.3M	26.7M	36.5M	38.3M
Property Plant And Equipment Gross	2.0B	1.8B	3.6B	3.9B	4.2B	4.4B
Total Current Assets	319.6M	245.8M	339.2M	654.8M	516.1M	309.4M
Accumulated Other Comprehensive Income	1.3B	1.1B	(64.2M)	1.7B	(61.5M)	(58.4M)
Other Liab	341.0M	345.2M	323.8M	355.1M	408.4M	224.4M
Current Deferred Revenue	(138.7M)	69.2M	69.4M	71.9M	64.7M	67.9M
Long Term Debt	768.2M	519.4M	418.9M	397.2M	316.8M	468.0M
Common Stock	1.3B	1.1B	1.3B	1.7B	1.9B	2.0B
Property Plant Equipment	2.0B	1.8B	1.7B	1.8B	2.1B	1.2B
Intangible Assets	16.1M	9.3M	136.4M	4.4M	5.0M	4.8M
Net Tangible Assets	1.1B	1.1B	1.2B	1.6B	1.9B	1.1B
Long Term Debt Total	768.2M	519.4M	418.9M	397.2M	357.5M	488.3M
Capital Lease Obligations	28.2M	17.2M	15.6M	12.1M	13.7M	13.0M
Non Current Liabilities Other	357.5M	359.7M	22.3M	124.9M	18.4M	17.5M
Long Term Investments	28.5M	27.3M	26.3M	91.4M	139.0M	87.0M

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

0.63

NRP

Natural Resource Partners

Pair Corr

Moving against Alliance Stock

0.76

NuStar Energy LP Buyout Trend

Pair Corr

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 Correlation Correlation 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:

How To Invest In Alliance

Details

Is Alliance Stock a good investment?

Details

What is Alliance Resource's Net Worth?

Details

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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Alliance Stock analysis

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

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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.

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Alliance Payout Ratio vs Current Ratio Analysis

Payout Ratio vs Current Ratio

Payout Ratio vs Current Ratio Correlation Analysis

Correlation Coefficient

Payout Ratio

Current Ratio

Alliance Resource fundamental ratios Correlations

Alliance Resource Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alliance Resource fundamental ratios Accounts

Pair Trading with Alliance Resource

Moving together with Alliance Stock

Moving against Alliance Stock

Complementary Tools for Alliance Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.94	Short Long Term Debt Total
Net Debt	+ 0.93	Short Long Term Debt Total
Other Current Liab	+ 0.91	Short Term Debt
Net Receivables	+ 0.9	Total Stockholder Equity
Other Liab	+ 0.9	Non Current Assets Total

Current Deferred Revenue	- 0.94	Other Current Liab
Current Deferred Revenue	- 0.93	Short Term Debt
Property Plant And Equipment Gross	- 0.84	Other Assets
Net Receivables	- 0.84	Other Assets
Other Current Liab	- 0.83	Non Currrent Assets Other
Other Stockholder Equity	- 0.78	Common Stock Shares Outstanding