Ault Accounts Payable vs Inventory Analysis
AULT Stock | 0.37 0.01 2.78% |
Ault Alliance financial indicator trend analysis is way more than just evaluating Ault Alliance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ault Alliance is a good investment. Please check the relationship between Ault Alliance Accounts Payable and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ault Alliance. 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. For more information on how to buy Ault Stock please use our How to Invest in Ault Alliance guide.
Accounts Payable vs Inventory
Accounts Payable vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ault Alliance Accounts Payable account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ault Alliance's Accounts Payable and Inventory is 0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Ault Alliance, assuming nothing else is changed. The correlation between historical values of Ault Alliance's Accounts Payable and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ault Alliance are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Ault Alliance's Accounts Payable and Inventory go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Ault Alliance obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ault Alliance are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Inventory
Most indicators from Ault Alliance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ault Alliance 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 Ault Alliance. 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. For more information on how to buy Ault Stock please use our How to Invest in Ault Alliance guide.At this time, Ault Alliance's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 353.9 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (0.81).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.9M | 42.5M | 37.3M | 39.1M | Depreciation And Amortization | 3.5M | 19.7M | 29.9M | 31.3M |
Ault Alliance fundamental ratios Correlations
Click cells to compare fundamentals
Ault Alliance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ault Alliance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 42.8M | 75.6M | 490.3M | 561.5M | 299.2M | 314.1M | |
Short Long Term Debt Total | 14.9M | 9.9M | 100.4M | 152.7M | 61.1M | 64.2M | |
Other Current Liab | 3.4M | 4.3M | 34.3M | 42.1M | 143.1M | 150.3M | |
Total Current Liabilities | 30.2M | 21.9M | 81.9M | 107.3M | 204.8M | 215.1M | |
Total Stockholder Equity | 6.9M | 48.3M | 226.8M | 206.5M | 44.7M | 26.2M | |
Property Plant And Equipment Net | 7.6M | 6.4M | 179.3M | 238.3M | 115.1M | 120.9M | |
Net Debt | 14.4M | (8.8M) | 84.5M | 142.2M | 47.5M | 49.9M | |
Retained Earnings | (88.7M) | (121.4M) | (145.6M) | (329.1M) | (567.5M) | (539.1M) | |
Accounts Payable | 15.2M | 10.6M | 7.0M | 21.3M | 32.6M | 34.2M | |
Cash | 488.6K | 18.7M | 15.9M | 10.5M | 13.6M | 14.3M | |
Non Current Assets Total | 31.7M | 41.3M | 396.9M | 474.2M | 160.7M | 168.7M | |
Non Currrent Assets Other | 273.2K | 326.4K | 118.6M | 124.0M | 3.3M | 3.2M | |
Cash And Short Term Investments | 1.1M | 21.2M | 56.3M | 19.6M | 17.6M | 18.5M | |
Net Receivables | 5.9M | 6.7M | 8.7M | 29.8M | 12.1M | 12.7M | |
Common Stock Shares Outstanding | 191.13 | 1.3K | 7.4K | 33.0K | 708K | 743.4K | |
Liabilities And Stockholders Equity | 42.8M | 75.6M | 490.3M | 561.5M | 299.2M | 314.1M | |
Non Current Liabilities Total | 5.6M | 4.6M | 63.2M | 112.2M | 35.5M | 37.2M | |
Inventory | 2.5M | 3.4M | 5.5M | 22.1M | 8.4M | 8.8M | |
Other Current Assets | 1.5M | 3.0M | 2.2M | 12.3M | 100.4M | 105.5M | |
Other Stockholder Equity | 101.1M | 171.4M | 372.5M | 536.3M | 614.3M | 645.0M | |
Total Liab | 35.8M | 26.5M | 145.1M | 219.5M | 240.3M | 252.3M | |
Total Current Assets | 11.1M | 34.3M | 93.4M | 87.3M | 138.5M | 145.4M | |
Short Term Debt | 9.3M | 5.3M | 40.7M | 43.9M | 29.1M | 30.6M | |
Intangible Assets | 3.2M | 4.4M | 4.0M | 34.8M | 5.8M | 5.0M | |
Accumulated Other Comprehensive Income | (5.5M) | (1.7M) | (106K) | (1.1M) | (2.1M) | (2.0M) | |
Common Stock | 3.3K | 27.8K | 84K | 382K | 4K | 3.8K | |
Current Deferred Revenue | 4.6M | 1.9M | 2.2M | 1.7M | 2.0M | 2.1M | |
Good Will | 8.1M | 9.6M | 10.1M | 27.9M | 6.1M | 11.6M | |
Short Term Investments | 639.6K | 2.6M | 40.4M | 9.1M | 4.0M | 3.8M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ault Alliance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ault Alliance's short interest history, or implied volatility extrapolated from Ault Alliance options trading.
Pair Trading with Ault Alliance
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 Ault Alliance 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 Ault Alliance will appreciate offsetting losses from the drop in the long position's value.Moving together with Ault Stock
0.79 | AZ | A2Z Smart Technologies | PairCorr |
0.78 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
Moving against Ault Stock
0.74 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
0.69 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
0.67 | EH | Ehang Holdings | PairCorr |
0.64 | ERJ | Embraer SA ADR | PairCorr |
0.57 | CW | Curtiss Wright | PairCorr |
The ability to find closely correlated positions to Ault Alliance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ault Alliance 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 Ault Alliance - 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 Ault Alliance to buy it.
The correlation of Ault Alliance 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 Ault Alliance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ault Alliance 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 Ault Alliance 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 Ault Alliance. 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. For more information on how to buy Ault Stock please use our How to Invest in Ault Alliance guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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When running Ault Alliance's price analysis, check to measure Ault Alliance'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 Ault Alliance is operating at the current time. Most of Ault Alliance's value examination focuses on studying past and present price action to predict the probability of Ault Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ault Alliance's price. Additionally, you may evaluate how the addition of Ault Alliance to your portfolios can decrease your overall portfolio volatility.
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Is Ault Alliance'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 Ault Alliance. If investors know Ault 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 Ault Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -7.7 K | Revenue Per Share 220.966 | Quarterly Revenue Growth 0.198 | Return On Assets (0.13) | Return On Equity (1.70) |
The market value of Ault Alliance is measured differently than its book value, which is the value of Ault that is recorded on the company's balance sheet. Investors also form their own opinion of Ault Alliance's value that differs from its market value or its book value, called intrinsic value, which is Ault Alliance'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 Ault Alliance's market value can be influenced by many factors that don't directly affect Ault Alliance'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 Ault Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ault Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ault Alliance'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.