Alkami Common Stock Total Equity vs Total Current Liabilities 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 Common Stock Total Equity and its Total Current Liabilities 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.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkami Technology Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alkami Technology's Common Stock Total Equity and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities 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 Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Alkami Technology are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Alkami Technology's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on Alkami Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alkami Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Amortization3.4M8.1M10.6M6.0M
Interest Income487K2.7M7.1M7.5M

Alkami Technology fundamental ratios Correlations

0.820.90.961.00.410.890.750.89-0.49-0.90.830.690.890.90.120.90.90.920.840.870.760.920.980.940.92
0.820.690.810.770.030.630.680.62-0.13-0.690.580.440.80.670.410.690.660.690.610.980.730.720.780.720.97
0.90.690.970.90.260.960.860.96-0.23-0.910.930.410.920.87-0.20.690.940.980.920.710.860.940.890.980.8
0.960.810.970.950.220.920.890.95-0.26-0.930.90.480.960.92-0.040.750.960.960.890.820.880.970.950.980.9
1.00.770.90.950.450.90.740.9-0.52-0.90.840.70.880.910.070.90.920.930.840.830.750.930.980.950.88
0.410.030.260.220.450.49-0.20.2-0.9-0.280.270.8-0.010.170.070.720.170.370.320.2-0.090.150.320.320.21
0.890.630.960.920.90.490.70.89-0.43-0.850.880.570.80.77-0.140.790.850.970.890.690.720.850.840.960.77
0.750.680.860.890.74-0.20.70.910.15-0.850.840.070.970.89-0.250.390.930.810.80.620.940.930.820.840.71
0.890.620.960.950.90.20.890.91-0.21-0.940.950.370.950.96-0.280.640.990.950.910.630.880.980.930.950.74
-0.49-0.13-0.23-0.26-0.52-0.9-0.430.15-0.210.21-0.15-0.95-0.07-0.23-0.37-0.77-0.22-0.31-0.17-0.30.16-0.23-0.4-0.36-0.3
-0.9-0.69-0.91-0.93-0.9-0.28-0.85-0.85-0.940.21-0.98-0.38-0.91-0.950.28-0.7-0.94-0.96-0.98-0.71-0.92-0.92-0.93-0.89-0.79
0.830.580.930.90.840.270.880.840.95-0.15-0.980.280.870.9-0.440.610.930.960.990.60.910.890.870.890.69
0.690.440.410.480.70.80.570.070.37-0.95-0.380.280.310.410.50.910.40.470.310.570.060.440.60.550.57
0.890.80.920.960.88-0.010.80.970.95-0.07-0.910.870.310.94-0.090.60.970.890.840.770.930.980.930.920.85
0.90.670.870.920.910.170.770.890.96-0.23-0.950.90.410.94-0.180.670.980.890.860.680.870.970.970.890.77
0.120.41-0.2-0.040.070.07-0.14-0.25-0.28-0.370.28-0.440.5-0.09-0.180.32-0.21-0.22-0.40.43-0.31-0.110.01-0.070.32
0.90.690.690.750.90.720.790.390.64-0.77-0.70.610.910.60.670.320.650.760.650.80.450.680.830.770.82
0.90.660.940.960.920.170.850.930.99-0.22-0.940.930.40.970.98-0.210.650.930.890.670.880.990.950.950.77
0.920.690.980.960.930.370.970.810.95-0.31-0.960.960.470.890.89-0.220.760.930.970.730.860.920.920.960.82
0.840.610.920.890.840.320.890.80.91-0.17-0.980.990.310.840.86-0.40.650.890.970.640.90.850.860.870.73
0.870.980.710.820.830.20.690.620.63-0.3-0.710.60.570.770.680.430.80.670.730.640.690.730.810.760.99
0.760.730.860.880.75-0.090.720.940.880.16-0.920.910.060.930.87-0.310.450.880.860.90.690.860.820.80.76
0.920.720.940.970.930.150.850.930.98-0.23-0.920.890.440.980.97-0.110.680.990.920.850.730.860.960.960.81
0.980.780.890.950.980.320.840.820.93-0.4-0.930.870.60.930.970.010.830.950.920.860.810.820.960.930.88
0.940.720.980.980.950.320.960.840.95-0.36-0.890.890.550.920.89-0.070.770.950.960.870.760.80.960.930.84
0.920.970.80.90.880.210.770.710.74-0.3-0.790.690.570.850.770.320.820.770.820.730.990.760.810.880.84
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Alkami Technology Account Relationship Matchups

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.