Altius Net Receivables vs Inventory Analysis

ALS Stock

CAD 28.89 0.11 0.38%

Altius Minerals financial indicator trend analysis is way more than just evaluating Altius Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altius Minerals is a good investment. Please check the relationship between Altius Minerals Net Receivables and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altius Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altius Minerals Net Receivables account and Inventory. At this time, the significance of the direction appears to have no relationship.

The correlation between Altius Minerals' Net Receivables and Inventory is 0.02. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Altius Minerals, assuming nothing else is changed. The correlation between historical values of Altius Minerals' Net Receivables 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 Net Receivables of Altius Minerals 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 Net Receivables i.e., Altius Minerals' Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Inventory

Most indicators from Altius Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altius Minerals 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 Altius Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

At this time, Altius Minerals' Selling General Administrative is very stable compared to the past year. As of the 16th of August 2025, Issuance Of Capital Stock is likely to grow to about 1.1 M, though Tax Provision is likely to grow to (1.4 M).

	2022	2023	2024	2025 (projected)
Gross Profit	53.7M	47.7M	52.2M	54.8M
Total Revenue	84.1M	69.0M	58.2M	61.1M

Gross Profit Total Revenue

Altius Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Investments	Short Term Debt	Accounts Payable	Other Stockholder Equity	Short Long Term Debt Total	Non Currrent Assets Other	Inventory
Total Assets		0.43	0.37	0.95	0.81	0.32	-0.37	0.46	0.97	0.08	0.73	0.77	0.84	0.79	0.61	0.74	0.89	0.16	0.87	-0.2	-0.4	0.44	0.32	0.44	-0.02	-0.01
Other Current Liab	0.43		0.2	0.29	0.46	-0.09	-0.27	0.49	0.33	0.35	0.65	0.34	0.37	0.48	0.25	0.45	0.55	0.4	0.35	0.36	0.01	0.31	0.2	0.33	-0.31	0.41
Total Current Liabilities	0.37	0.2		0.19	0.39	0.74	-0.26	-0.13	0.46	-0.39	0.33	0.36	0.36	0.72	0.09	0.8	0.32	-0.34	0.27	-0.31	-0.23	0.92	-0.14	0.34	0.2	0.42
Total Stockholder Equity	0.95	0.29	0.19		0.72	0.24	-0.2	0.36	0.91	0.11	0.58	0.72	0.8	0.59	0.68	0.54	0.8	0.18	0.81	-0.15	-0.29	0.29	0.36	0.44	-0.02	-0.11
Property Plant And Equipment Net	0.81	0.46	0.39	0.72		0.41	-0.72	0.25	0.83	-0.14	0.8	0.85	0.78	0.82	0.41	0.77	0.94	-0.05	0.84	-0.28	-0.49	0.38	0.11	0.21	0.32	0.01
Net Debt	0.32	-0.09	0.74	0.24	0.41		-0.29	-0.58	0.52	-0.81	0.09	0.31	0.23	0.55	-0.05	0.6	0.25	-0.78	0.25	-0.59	-0.51	0.5	0.01	0.09	0.29	0.16
Retained Earnings	-0.37	-0.27	-0.26	-0.2	-0.72	-0.29		-0.11	-0.45	0.36	-0.52	-0.59	-0.39	-0.58	-0.15	-0.54	-0.69	0.29	-0.56	0.51	0.72	-0.22	-0.03	0.4	-0.29	-0.02
Cash	0.46	0.49	-0.13	0.36	0.25	-0.58	-0.11		0.25	0.8	0.55	0.3	0.45	0.3	0.34	0.23	0.44	0.83	0.42	0.36	0.11	0.1	0.12	0.3	-0.28	0.04
Non Current Assets Total	0.97	0.33	0.46	0.91	0.83	0.52	-0.45	0.25		-0.17	0.64	0.78	0.8	0.82	0.54	0.79	0.88	-0.1	0.85	-0.38	-0.56	0.46	0.31	0.33	0.05	0.01
Cash And Short Term Investments	0.08	0.35	-0.39	0.11	-0.14	-0.81	0.36	0.8	-0.17		0.27	-0.09	0.11	-0.17	0.22	-0.22	0.0	0.99	-0.01	0.74	0.67	-0.13	0.03	0.46	-0.33	-0.09
Net Receivables	0.73	0.65	0.33	0.58	0.8	0.09	-0.52	0.55	0.64	0.27		0.67	0.71	0.73	0.53	0.69	0.82	0.37	0.73	-0.01	-0.13	0.43	0.07	0.39	0.17	0.02
Common Stock Total Equity	0.77	0.34	0.36	0.72	0.85	0.31	-0.59	0.3	0.78	-0.09	0.67		0.95	0.8	0.43	0.75	0.84	0.0	0.95	-0.32	-0.48	0.37	0.09	0.17	0.39	0.2
Common Stock Shares Outstanding	0.84	0.37	0.36	0.8	0.78	0.23	-0.39	0.45	0.8	0.11	0.71	0.95		0.78	0.5	0.74	0.8	0.2	0.95	-0.21	-0.3	0.4	0.1	0.39	0.3	0.2
Non Current Liabilities Total	0.79	0.48	0.72	0.59	0.82	0.55	-0.58	0.3	0.82	-0.17	0.73	0.8	0.78		0.28	0.99	0.8	-0.09	0.78	-0.29	-0.49	0.67	0.09	0.34	0.17	0.26
Other Current Assets	0.61	0.25	0.09	0.68	0.41	-0.05	-0.15	0.34	0.54	0.22	0.53	0.43	0.5	0.28		0.25	0.59	0.29	0.55	-0.14	-0.08	0.34	0.25	0.19	-0.14	-0.26
Total Liab	0.74	0.45	0.8	0.54	0.77	0.6	-0.54	0.23	0.79	-0.22	0.69	0.75	0.74	0.99	0.25		0.75	-0.14	0.72	-0.31	-0.46	0.75	0.05	0.36	0.18	0.3
Property Plant And Equipment Gross	0.89	0.55	0.32	0.8	0.94	0.25	-0.69	0.44	0.88	0.0	0.82	0.84	0.8	0.8	0.59	0.75		0.09	0.88	-0.24	-0.53	0.41	0.25	0.17	0.1	0.01
Total Current Assets	0.16	0.4	-0.34	0.18	-0.05	-0.78	0.29	0.83	-0.1	0.99	0.37	0.0	0.2	-0.09	0.29	-0.14	0.09		0.09	0.7	0.62	-0.07	0.04	0.47	-0.29	-0.06
Common Stock	0.87	0.35	0.27	0.81	0.84	0.25	-0.56	0.42	0.85	-0.01	0.73	0.95	0.95	0.78	0.55	0.72	0.88	0.09		-0.38	-0.5	0.3	0.18	0.21	0.23	0.06
Short Term Investments	-0.2	0.36	-0.31	-0.15	-0.28	-0.59	0.51	0.36	-0.38	0.74	-0.01	-0.32	-0.21	-0.29	-0.14	-0.31	-0.24	0.7	-0.38		0.76	-0.13	0.08	0.43	-0.34	0.03
Short Term Debt	-0.4	0.01	-0.23	-0.29	-0.49	-0.51	0.72	0.11	-0.56	0.67	-0.13	-0.48	-0.3	-0.49	-0.08	-0.46	-0.53	0.62	-0.5	0.76		-0.1	-0.2	0.52	-0.13	-0.07
Accounts Payable	0.44	0.31	0.92	0.29	0.38	0.5	-0.22	0.1	0.46	-0.13	0.43	0.37	0.4	0.67	0.34	0.75	0.41	-0.07	0.3	-0.13	-0.1		-0.08	0.4	0.07	0.39
Other Stockholder Equity	0.32	0.2	-0.14	0.36	0.11	0.01	-0.03	0.12	0.31	0.03	0.07	0.09	0.1	0.09	0.25	0.05	0.25	0.04	0.18	0.08	-0.2	-0.08		0.05	-0.53	-0.26
Short Long Term Debt Total	0.44	0.33	0.34	0.44	0.21	0.09	0.4	0.3	0.33	0.46	0.39	0.17	0.39	0.34	0.19	0.36	0.17	0.47	0.21	0.43	0.52	0.4	0.05		-0.14	0.06
Non Currrent Assets Other	-0.02	-0.31	0.2	-0.02	0.32	0.29	-0.29	-0.28	0.05	-0.33	0.17	0.39	0.3	0.17	-0.14	0.18	0.1	-0.29	0.23	-0.34	-0.13	0.07	-0.53	-0.14		0.16
Inventory	-0.01	0.41	0.42	-0.11	0.01	0.16	-0.02	0.04	0.01	-0.09	0.02	0.2	0.2	0.26	-0.26	0.3	0.01	-0.06	0.06	0.03	-0.07	0.39	-0.26	0.06	0.16

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Altius Minerals Account Relationship Matchups

Altius Minerals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	589.6M	721.4M	780.6M	773.5M	714.0M	749.7M
Other Current Liab	4.7M	5.6M	6.0M	734K	844.1K	801.9K
Total Current Liabilities	31.5M	19.6M	19.7M	12.9M	12.8M	12.4M
Total Stockholder Equity	362.9M	433.5M	486.2M	488.7M	561.2M	589.2M
Property Plant And Equipment Net	288.6M	260.9M	238.5M	206.7M	209.3M	219.7M
Net Debt	111.2M	15.2M	38.5M	(18.2M)	83.5M	87.6M
Retained Earnings	(31.9M)	12.6M	24.7M	13.3M	81.8M	63.4M
Cash	21.8M	100.0M	82.4M	130.4M	15.9M	15.1M
Non Current Assets Total	554.0M	606.5M	676.4M	628.8M	689.9M	724.4M
Cash And Short Term Investments	21.8M	100.0M	82.4M	130.4M	15.9M	15.1M
Net Receivables	13.8M	14.9M	21.8M	14.3M	7.4M	6.0M
Common Stock Shares Outstanding	41.6M	42.6M	47.2M	48.3M	46.3M	34.3M
Liabilities And Stockholders Equity	589.6M	721.4M	780.6M	773.5M	714.0M	749.7M
Non Current Liabilities Total	174.3M	172.8M	152.1M	148.1M	130.1M	70.6M
Other Current Assets	2.0M	2.3M	10.8M	7.4M	8.5M	8.9M
Total Liab	205.8M	192.4M	171.8M	161M	142.9M	80.3M
Property Plant And Equipment Gross	288.6M	360.7M	359.6M	304.3M	270.5M	284.1M
Total Current Assets	35.6M	114.9M	104.1M	144.7M	24.0M	22.8M
Common Stock	259.3M	260.8M	358.7M	355.3M	353.0M	210.7M
Accounts Payable	6.9M	6.1M	5.6M	4.2M	3.3M	3.7M
Other Stockholder Equity	75.3M	99.0M	90.4M	11.5M	116.2M	122.0M
Accumulated Other Comprehensive Income	78.4M	103.0M	102.8M	108.6M	124.9M	131.2M
Short Long Term Debt Total	133.0M	115.2M	120.9M	112.2M	129.0M	94.5M
Non Currrent Assets Other	1K	9.1M	2.1M	8.0M	9.2M	8.7M
Other Liab	50.8M	59.0M	64.7M	38.4M	44.2M	43.8M
Net Tangible Assets	320.0M	299.8M	376.4M	486.2M	559.1M	354.0M
Other Assets	8.5M	7.8M	8.9M	9.2M	9.1M	7.3M
Long Term Debt	113.0M	107.2M	112.9M	104.2M	99.4M	97.6M
Long Term Investments	250.9M	337.8M	429.1M	398.2M	464.4M	359.9M
Property Plant Equipment	15.5M	10.0M	238.5M	214.7M	209.3M	219.7M
Long Term Debt Total	113.0M	107.2M	112.9M	104.2M	99.4M	98.1M
Net Invested Capital	438.8M	491.6M	599.1M	592.9M	660.6M	551.0M
Cash And Equivalents	50K	8.7M	82.4M	130.4M	15.9M	15.1M
Net Working Capital	4.1M	95.2M	84.5M	131.8M	11.3M	10.7M
Capital Stock	316.4M	317.9M	358.7M	355.3M	353.0M	368.6M

Other Information on Investing in Altius Stock

Balance Sheet is a snapshot of the financial position of Altius Minerals at a specified time, usually calculated after every quarter, six months, or one year. Altius Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Altius Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Altius currently owns. An asset can also be divided into two categories, current and non-current.

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Altius Net Receivables vs Inventory Analysis

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

Correlation Coefficient

Net Receivables

Inventory

Altius Minerals fundamental ratios Correlations

Altius Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altius Minerals fundamental ratios Accounts

Other Information on Investing in Altius Stock

COMMON DESTINATIONS

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Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.97	Total Assets
Total Stockholder Equity	+ 0.95	Total Assets
Common Stock Shares Outstanding	+ 0.95	Common Stock Total Equity
Common Stock	+ 0.95	Common Stock Total Equity

Cash And Short Term Investments	- 0.81	Net Debt
Total Current Assets	- 0.78	Net Debt
Retained Earnings	- 0.72	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.69	Retained Earnings
Common Stock Total Equity	- 0.59	Retained Earnings
Short Term Investments	- 0.59	Net Debt