Alamo Non Current Assets Total vs Selling General Administrative Analysis
ALG Stock | USD 199.95 2.06 1.04% |
Alamo financial indicator trend analysis is way more than just evaluating Alamo Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alamo Group is a good investment. Please check the relationship between Alamo Non Current Assets Total and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Non Current Assets Total vs Selling General Administrative
Non Current Assets Total vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alamo Group Non Current Assets Total account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alamo's Non Current Assets Total and Selling General Administrative is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Alamo Group, assuming nothing else is changed. The correlation between historical values of Alamo's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Alamo Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Alamo's Non Current Assets Total and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Selling General Administrative
Most indicators from Alamo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alamo Group 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 Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Alamo's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.5M | 14.4M | 26.1M | 27.4M | Depreciation And Amortization | 44.5M | 46.7M | 48.0M | 50.4M |
Alamo fundamental ratios Correlations
Click cells to compare fundamentals
Alamo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alamo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.1B | 1.2B | 1.3B | 1.4B | 1.5B | |
Short Long Term Debt Total | 444.0M | 285.4M | 269.6M | 302.0M | 251.9M | 264.5M | |
Other Current Liab | 59.6M | 55.0M | 68.9M | 66.7M | 76.2M | 80.0M | |
Total Current Liabilities | 162.9M | 157.3M | 192.6M | 190.5M | 213.9M | 224.6M | |
Total Stockholder Equity | 569.8M | 625.6M | 705.7M | 785.4M | 932.8M | 979.4M | |
Property Plant And Equipment Net | 217.2M | 197.7M | 185.0M | 188.7M | 222.2M | 233.3M | |
Net Debt | 401.7M | 235.2M | 227.4M | 254.9M | 200.0M | 210.0M | |
Retained Earnings | 500.3M | 550.8M | 633.8M | 727.2M | 852.9M | 895.5M | |
Accounts Payable | 82.0M | 75.3M | 101.4M | 97.5M | 99.7M | 104.7M | |
Cash | 42.3M | 50.2M | 42.1M | 47.0M | 51.9M | 54.5M | |
Non Current Assets Total | 641.9M | 606.3M | 593.6M | 581.3M | 605.4M | 635.7M | |
Non Currrent Assets Other | 20.4M | 19.1M | 22.7M | 24.4M | 7.0M | 6.4M | |
Cash And Short Term Investments | 42.3M | 50.2M | 42.1M | 47.0M | 51.9M | 54.5M | |
Net Receivables | 237.8M | 215.5M | 238.0M | 317.6M | 362.1M | 380.2M | |
Common Stock Shares Outstanding | 11.8M | 11.8M | 11.9M | 11.9M | 12.0M | 11.5M | |
Liabilities And Stockholders Equity | 1.2B | 1.1B | 1.2B | 1.3B | 1.4B | 1.5B | |
Non Current Liabilities Total | 480.1M | 326.4M | 307.5M | 332.6M | 262.7M | 275.8M | |
Inventory | 267.7M | 230.0M | 320.9M | 352.6M | 377.5M | 396.4M | |
Other Current Assets | 23.0M | 7.4M | 11.2M | 19.2M | 12.5M | 7.9M | |
Other Stockholder Equity | 109.1M | 114.0M | 119.7M | 125.3M | 133.2M | 78.6M | |
Total Liab | 643.0M | 483.7M | 500.1M | 523.1M | 476.6M | 500.5M | |
Property Plant And Equipment Gross | 302.1M | 197.7M | 185.0M | 188.7M | 405.2M | 425.5M | |
Total Current Assets | 570.8M | 503.0M | 612.2M | 727.2M | 804.0M | 844.2M | |
Accumulated Other Comprehensive Income | (40.8M) | (40.3M) | (49.0M) | (68.3M) | (54.5M) | (51.8M) | |
Short Term Debt | 18.8M | 18.7M | 19.7M | 19.7M | 20.3M | 21.3M | |
Intangible Assets | 206.3M | 193.2M | 183.5M | 171.3M | 168.3M | 176.7M | |
Current Deferred Revenue | 2.4M | 1.4M | 6.4M | 5.2M | 5.2M | 9.7M | |
Common Stock Total Equity | 1.2M | 1.2M | 1.2M | 1.2M | 1.4M | 1.2M | |
Common Stock | 1.2M | 1.2M | 1.2M | 1.2M | 1.2M | 1.2M | |
Other Assets | 7.6M | 20.3M | 6.0M | 8.1M | 9.3M | 5.0M | |
Long Term Debt | 425.1M | 270.3M | 254.5M | 286.9M | 220.3M | 114.5M | |
Good Will | 198.0M | 195.1M | 202.4M | 195.9M | 206.5M | 216.9M | |
Property Plant Equipment | 56.5M | 42.3M | 32.5M | 206.0M | 236.9M | 248.7M | |
Other Liab | 46.0M | 56.1M | 40.8M | 32.9M | 37.8M | 23.0M | |
Net Tangible Assets | 569.8M | 625.6M | 705.7M | 785.4M | 903.2M | 519.4M | |
Retained Earnings Total Equity | 500.3M | 550.8M | 633.8M | 727.2M | 836.3M | 439.7M | |
Long Term Debt Total | 425.1M | 270.3M | 254.5M | 286.9M | 330.0M | 346.5M | |
Capital Surpluse | 113.7M | 118.5M | 124.2M | 129.8M | 149.3M | 115.0M | |
Deferred Long Term Liab | 26.5M | 19.6M | 21.5M | 18.3M | 21.0M | 11.5M |
Currently Active Assets on Macroaxis
When determining whether Alamo Group is a strong investment it is important to analyze Alamo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Construction Machinery & Heavy Transportation Equipment space 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 Alamo. If investors know Alamo 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 Alamo 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 (0.22) | Dividend Share 1 | Earnings Share 9.93 | Revenue Per Share 138.895 | Quarterly Revenue Growth (0.04) |
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.