Alkami Net Tangible Assets vs Accounts Payable 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 Net Tangible Assets and its Accounts Payable 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.

Net Tangible Assets vs Accounts Payable

Net Tangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkami Technology Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Alkami Technology's Net Tangible Assets and Accounts Payable is 0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable 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 Net Tangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Alkami Technology are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Alkami Technology's Net Tangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accounts Payable

An accounting item on the balance sheet that represents Alkami Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Alkami Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

Depreciation And Amortization Interest Income

Alkami Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.82	0.9	0.96	1.0	0.41	0.89	0.75	0.89	-0.49	-0.9	0.83	0.69	0.89	0.9	0.12	0.9	0.9	0.92	0.84	0.87	0.76	0.92	0.98	0.94	0.92
Short Long Term Debt Total	0.82		0.69	0.81	0.77	0.03	0.63	0.68	0.62	-0.13	-0.69	0.58	0.44	0.8	0.67	0.41	0.69	0.66	0.69	0.61	0.98	0.73	0.72	0.78	0.72	0.97
Other Current Liab	0.9	0.69		0.97	0.9	0.26	0.96	0.86	0.96	-0.23	-0.91	0.93	0.41	0.92	0.87	-0.2	0.69	0.94	0.98	0.92	0.71	0.86	0.94	0.89	0.98	0.8
Total Current Liabilities	0.96	0.81	0.97		0.95	0.22	0.92	0.89	0.95	-0.26	-0.93	0.9	0.48	0.96	0.92	-0.04	0.75	0.96	0.96	0.89	0.82	0.88	0.97	0.95	0.98	0.9
Total Stockholder Equity	1.0	0.77	0.9	0.95		0.45	0.9	0.74	0.9	-0.52	-0.9	0.84	0.7	0.88	0.91	0.07	0.9	0.92	0.93	0.84	0.83	0.75	0.93	0.98	0.95	0.88
Other Liab	0.41	0.03	0.26	0.22	0.45		0.49	-0.2	0.2	-0.9	-0.28	0.27	0.8	-0.01	0.17	0.07	0.72	0.17	0.37	0.32	0.2	-0.09	0.15	0.32	0.32	0.21
Net Tangible Assets	0.89	0.63	0.96	0.92	0.9	0.49		0.7	0.89	-0.43	-0.85	0.88	0.57	0.8	0.77	-0.14	0.79	0.85	0.97	0.89	0.69	0.72	0.85	0.84	0.96	0.77
Property Plant And Equipment Net	0.75	0.68	0.86	0.89	0.74	-0.2	0.7		0.91	0.15	-0.85	0.84	0.07	0.97	0.89	-0.25	0.39	0.93	0.81	0.8	0.62	0.94	0.93	0.82	0.84	0.71
Current Deferred Revenue	0.89	0.62	0.96	0.95	0.9	0.2	0.89	0.91		-0.21	-0.94	0.95	0.37	0.95	0.96	-0.28	0.64	0.99	0.95	0.91	0.63	0.88	0.98	0.93	0.95	0.74
Net Debt	-0.49	-0.13	-0.23	-0.26	-0.52	-0.9	-0.43	0.15	-0.21		0.21	-0.15	-0.95	-0.07	-0.23	-0.37	-0.77	-0.22	-0.31	-0.17	-0.3	0.16	-0.23	-0.4	-0.36	-0.3
Retained Earnings	-0.9	-0.69	-0.91	-0.93	-0.9	-0.28	-0.85	-0.85	-0.94	0.21		-0.98	-0.38	-0.91	-0.95	0.28	-0.7	-0.94	-0.96	-0.98	-0.71	-0.92	-0.92	-0.93	-0.89	-0.79
Accounts Payable	0.83	0.58	0.93	0.9	0.84	0.27	0.88	0.84	0.95	-0.15	-0.98		0.28	0.87	0.9	-0.44	0.61	0.93	0.96	0.99	0.6	0.91	0.89	0.87	0.89	0.69
Cash	0.69	0.44	0.41	0.48	0.7	0.8	0.57	0.07	0.37	-0.95	-0.38	0.28		0.31	0.41	0.5	0.91	0.4	0.47	0.31	0.57	0.06	0.44	0.6	0.55	0.57
Non Current Assets Total	0.89	0.8	0.92	0.96	0.88	-0.01	0.8	0.97	0.95	-0.07	-0.91	0.87	0.31		0.94	-0.09	0.6	0.97	0.89	0.84	0.77	0.93	0.98	0.93	0.92	0.85
Non Currrent Assets Other	0.9	0.67	0.87	0.92	0.91	0.17	0.77	0.89	0.96	-0.23	-0.95	0.9	0.41	0.94		-0.18	0.67	0.98	0.89	0.86	0.68	0.87	0.97	0.97	0.89	0.77
Other Assets	0.12	0.41	-0.2	-0.04	0.07	0.07	-0.14	-0.25	-0.28	-0.37	0.28	-0.44	0.5	-0.09	-0.18		0.32	-0.21	-0.22	-0.4	0.43	-0.31	-0.11	0.01	-0.07	0.32
Cash And Short Term Investments	0.9	0.69	0.69	0.75	0.9	0.72	0.79	0.39	0.64	-0.77	-0.7	0.61	0.91	0.6	0.67	0.32		0.65	0.76	0.65	0.8	0.45	0.68	0.83	0.77	0.82
Net Receivables	0.9	0.66	0.94	0.96	0.92	0.17	0.85	0.93	0.99	-0.22	-0.94	0.93	0.4	0.97	0.98	-0.21	0.65		0.93	0.89	0.67	0.88	0.99	0.95	0.95	0.77
Common Stock Total Equity	0.92	0.69	0.98	0.96	0.93	0.37	0.97	0.81	0.95	-0.31	-0.96	0.96	0.47	0.89	0.89	-0.22	0.76	0.93		0.97	0.73	0.86	0.92	0.92	0.96	0.82
Common Stock Shares Outstanding	0.84	0.61	0.92	0.89	0.84	0.32	0.89	0.8	0.91	-0.17	-0.98	0.99	0.31	0.84	0.86	-0.4	0.65	0.89	0.97		0.64	0.9	0.85	0.86	0.87	0.73
Non Current Liabilities Total	0.87	0.98	0.71	0.82	0.83	0.2	0.69	0.62	0.63	-0.3	-0.71	0.6	0.57	0.77	0.68	0.43	0.8	0.67	0.73	0.64		0.69	0.73	0.81	0.76	0.99
Capital Lease Obligations	0.76	0.73	0.86	0.88	0.75	-0.09	0.72	0.94	0.88	0.16	-0.92	0.91	0.06	0.93	0.87	-0.31	0.45	0.88	0.86	0.9	0.69		0.86	0.82	0.8	0.76
Inventory	0.92	0.72	0.94	0.97	0.93	0.15	0.85	0.93	0.98	-0.23	-0.92	0.89	0.44	0.98	0.97	-0.11	0.68	0.99	0.92	0.85	0.73	0.86		0.96	0.96	0.81
Other Current Assets	0.98	0.78	0.89	0.95	0.98	0.32	0.84	0.82	0.93	-0.4	-0.93	0.87	0.6	0.93	0.97	0.01	0.83	0.95	0.92	0.86	0.81	0.82	0.96		0.93	0.88
Other Stockholder Equity	0.94	0.72	0.98	0.98	0.95	0.32	0.96	0.84	0.95	-0.36	-0.89	0.89	0.55	0.92	0.89	-0.07	0.77	0.95	0.96	0.87	0.76	0.8	0.96	0.93		0.84
Total Liab	0.92	0.97	0.8	0.9	0.88	0.21	0.77	0.71	0.74	-0.3	-0.79	0.69	0.57	0.85	0.77	0.32	0.82	0.77	0.82	0.73	0.99	0.76	0.81	0.88	0.84

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Alkami Net Tangible Assets vs Accounts Payable Analysis

Net Tangible Assets vs Accounts Payable

Net Tangible Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Accounts Payable

Alkami Technology fundamental ratios Correlations

Alkami Technology Account Relationship Matchups

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Total Stockholder Equity	+ 1.0	Total Assets
Net Receivables	+ 0.99	Current Deferred Revenue
Common Stock Shares Outstanding	+ 0.99	Accounts Payable
Inventory	+ 0.99	Net Receivables
Total Liab	+ 0.99	Non Current Liabilities Total
Other Current Assets	+ 0.98	Total Assets

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Common Stock Total Equity	- 0.96	Retained Earnings
Non Currrent Assets Other	- 0.95	Retained Earnings
Cash	- 0.95	Net Debt
Net Receivables	- 0.94	Retained Earnings