Alliance Financial Statements From 2010 to 2024
| ARLP Stock | USD 21.18 0.01 0.05% |
Check Alliance Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alliance main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Alliance financial statements analysis is a perfect complement when working with Alliance Resource Valuation or Volatility modules.
Alliance |
Alliance Resource Partners Company Current Valuation Analysis
Alliance Resource's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Alliance Resource Current Valuation | 3.03 B |
Most of Alliance Resource's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alliance Resource Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Alliance Resource Partners has a Current Valuation of 3.03 B. This is 92.24% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The current valuation for all United States stocks is 81.78% higher than that of the company.
Alliance Resource Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alliance Resource's current stock value. Our valuation model uses many indicators to compare Alliance Resource value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alliance Resource competition to find correlations between indicators driving Alliance Resource's intrinsic value. More Info.Alliance Resource Partners is rated fifth in return on equity category among related companies. It is rated fifth in return on asset category among related companies reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Alliance Resource Partners is roughly 2.36 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alliance Resource by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alliance Resource's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alliance Resource's earnings, one of the primary drivers of an investment's value.About Alliance Resource Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Alliance Resource income statement, its balance sheet, and the statement of cash flows. Alliance Resource investors use historical funamental indicators, such as Alliance Resource's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alliance Resource investors may use each financial statement separately, they are all related. The changes in Alliance Resource's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alliance Resource's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alliance Resource Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alliance Resource. Please read more on our technical analysis and fundamental analysis pages.
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma. Alliance Resource operates under Thermal Coal classification in the United States and is traded on NASDAQ Exchange. It employs 895 people.
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 against Alliance Stock
| 0.57 | HNRG | Hallador Energy Financial Report 13th of May 2024 | PairCorr |
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.Check out the analysis of Alliance Resource Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.
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.