Alliance Historical Income Statement
| ARLP Stock | USD 22.87 0.26 1.15% |
Historical analysis of Alliance Resource income statement accounts such as Interest Expense of 29.6 M, Selling General Administrative of 54.8 M or Total Revenue of 1.5 B can show how well Alliance Resource Partners performed in making a profits. Evaluating Alliance Resource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alliance Resource's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Alliance Resource latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alliance Resource is a good buy for the upcoming year.
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About Alliance Income Statement Analysis
Alliance Resource Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alliance Resource shareholders. The income statement also shows Alliance investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Alliance Resource Income Statement Chart
Alliance Resource Partners Income Statement is one of the three primary financial statements used for reporting Alliance's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alliance Resource revenue and expense. Alliance Resource Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alliance Resource's Non Operating Income Net Other is relatively stable compared to the past year. As of 05/02/2024, Selling And Marketing Expenses is likely to grow to about 4.8 M, while Selling General Administrative is likely to drop slightly above 54.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Alliance Resource generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alliance Resource. It is also known as Alliance Resource overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Alliance Resource Partners whose combined shares represent less than 50% of the total outstanding shares issued by Alliance Resource have a minority interest in Alliance Resource.Most accounts from Alliance Resource's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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. At this time, Alliance Resource's Non Operating Income Net Other is relatively stable compared to the past year. As of 05/02/2024, Selling And Marketing Expenses is likely to grow to about 4.8 M, 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 |
Alliance Resource income statement Correlations
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Alliance Resource Account Relationship Matchups
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Alliance Resource income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 309.1M | 313.4M | 261.4M | 273.8M | 268.0M | 188.2M | |
| Interest Expense | 45.9M | 45.6M | 39.2M | 37.3M | 42.8M | 29.6M | |
| Selling General Administrative | 73.0M | 59.8M | 70.2M | 80.3M | 79.1M | 54.8M | |
| Total Revenue | 2.0B | 1.3B | 1.6B | 2.4B | 2.6B | 1.5B | |
| Gross Profit | 332.5M | (23.0M) | 289.4M | 738.8M | 751.5M | 429.8M | |
| Other Operating Expenses | 1.7B | 1.3B | 1.4B | 1.7B | 1.9B | 1.3B | |
| Operating Income | 259.5M | (82.9M) | 219.2M | 658.4M | 672.4M | 706.0M | |
| Ebit | 406.7M | (83.6M) | 217.8M | 394.7M | 672.4M | 706.0M | |
| Ebitda | 445.1M | 229.8M | 217.8M | 668.5M | 940.4M | 987.4M | |
| Cost Of Revenue | 1.6B | 1.4B | 1.3B | 1.7B | 1.8B | 1.1B | |
| Total Operating Expenses | 1.7B | 1.4B | 1.4B | 1.7B | 79.1M | 75.1M | |
| Reconciled Depreciation | 309.1M | 313.4M | 261.4M | 273.8M | 268.0M | 188.2M | |
| Income Before Tax | 406.7M | (129.0M) | 179.2M | 633.1M | 644.5M | 676.7M | |
| Total Other Income Expense Net | 147.2M | (46.2M) | (40.0M) | (25.3M) | (37.3M) | (35.5M) | |
| Net Income | 399.4M | (129.2M) | 178.2M | 577.2M | 630.1M | 661.6M | |
| Income Tax Expense | (211K) | 35K | 417K | 54.0M | 8.3M | 8.7M | |
| Net Income Applicable To Common Shares | 399.4M | (129.2M) | 178.2M | 579.1M | 666.0M | 699.3M | |
| Minority Interest | (7.5M) | (169K) | (598K) | (2.0M) | (6.1M) | (5.7M) | |
| Net Income From Continuing Ops | 406.9M | (129.1M) | 178.8M | 579.1M | 636.2M | 387.0M | |
| Non Operating Income Net Other | 193.1M | (551K) | (802K) | 12.0M | 13.8M | 13.9M | |
| Tax Provision | (211K) | 35K | 417K | 54.0M | 8.3M | 7.7M | |
| Interest Income | 379K | 135K | 88K | 2.0M | 9.4M | 8.1M | |
| Net Interest Income | (45.5M) | (45.5M) | (39.1M) | (35.3M) | (26.7M) | (28.0M) | |
| Selling And Marketing Expenses | 3.3M | 5.0M | 8.1M | 3.3M | 3.8M | 4.8M |
Alliance Resource Investors Sentiment
The influence of Alliance Resource's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alliance. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alliance Resource's public news can be used to forecast risks associated with an investment in Alliance. The trend in average sentiment can be used to explain how an investor holding Alliance can time the market purely based on public headlines and social activities around Alliance Resource Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alliance Resource's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alliance Resource's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alliance Resource's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alliance Resource.
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 Alliance Resource 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, Alliance Resource's short interest history, or implied volatility extrapolated from Alliance Resource options trading.
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
| 0.63 | HNRG | Hallador Energy Earnings Call This Week | PairCorr |
| 0.58 | BTU | Peabody Energy Corp | PairCorr |
| 0.44 | NC | NACCO Industries Upward Rally | 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 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 (0.15) | Dividend Share 2.8 | Earnings Share 4.57 | Revenue Per Share 20.078 | Quarterly Revenue Growth (0.02) |
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.