Alkami Cash And Short Term Investments vs Inventory Analysis
ALKT Stock | USD 35.93 0.97 2.63% |
Alkami Technology financial indicator trend analysis is way more than just evaluating Alkami Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkami Technology is a good investment. Please check the relationship between Alkami Technology Cash And Short Term Investments and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkami Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.
Cash And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkami Technology Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alkami Technology's Cash And Short Term Investments and Inventory is 0.68. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Alkami Technology, assuming nothing else is changed. The correlation between historical values of Alkami Technology's Cash And Short Term Investments 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 Cash And Short Term Investments of Alkami Technology 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 Cash And Short Term Investments i.e., Alkami Technology's Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Alkami Technology balance sheet. This account contains Alkami Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Alkami Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Inventory
Most indicators from Alkami Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkami Technology 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 Alkami Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, despite the fact that Tax Provision is likely to grow to (207.1 K).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.4M | 8.1M | 10.6M | 6.0M | Interest Income | 487K | 2.7M | 7.1M | 7.5M |
Alkami Technology fundamental ratios Correlations
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Alkami Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Alkami Stock Analysis
When running Alkami Technology's price analysis, check to measure Alkami Technology'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 Alkami Technology is operating at the current time. Most of Alkami Technology's value examination focuses on studying past and present price action to predict the probability of Alkami Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkami Technology's price. Additionally, you may evaluate how the addition of Alkami Technology to your portfolios can decrease your overall portfolio volatility.