Alpha Net Income vs Stock Based Compensation Analysis

AMR Stock

USD 235.17 0.61 0.26%

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

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Metallurgical Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.

The correlation between Alpha Metallurgical's Net Income and Stock Based Compensation is 0.27. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Alpha Metallurgical Resources, assuming nothing else is changed. The correlation between historical values of Alpha Metallurgical's Net Income and Stock Based Compensation 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 Income of Alpha Metallurgical Resources are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Alpha Metallurgical's Net Income and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Alpha Metallurgical financial statement analysis. It represents the amount of money remaining after all of Alpha Metallurgical Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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

At this time, Alpha Metallurgical's Tax Provision is relatively stable compared to the past year. As of 11/17/2024, Discontinued Operations is likely to grow to about 1.8 M, while Enterprise Value Over EBITDA is likely to drop 4.20.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	1.8B	2.4B	2.5B	1.9B
EBITDA	511.7M	1.7B	1.0B	551.5M

Cost Of Revenue Ebitda

Alpha Metallurgical fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Long Term Debt	Cash And Short Term Investments	Net Receivables	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		-0.31	-0.37	-0.24	-0.62	0.13	0.37	-0.28	-0.1	-0.52	-0.56	-0.6	0.1	-0.57	-0.28	-0.36	-0.58	-0.48	-0.36	-0.44	-0.48	-0.58	0.56	-0.51	0.19	-0.59
Total Assets	-0.31		0.05	-0.04	0.54	0.61	0.43	0.46	-0.19	0.46	0.43	0.5	0.75	0.64	0.27	0.02	0.5	0.53	0.03	0.4	0.67	0.3	-0.1	0.46	0.65	0.59
Short Long Term Debt Total	-0.37	0.05		-0.2	0.49	-0.7	-0.52	0.71	0.9	-0.08	0.44	0.39	-0.2	0.7	0.85	1.0	0.35	0.21	1.0	0.87	0.12	0.54	-0.35	0.84	-0.59	0.32
Other Current Liab	-0.24	-0.04	-0.2		0.46	0.01	-0.44	-0.24	-0.41	0.48	0.32	0.41	-0.48	0.07	-0.13	-0.2	0.46	0.53	-0.2	-0.19	0.45	0.5	-0.48	-0.06	-0.04	0.52
Total Current Liabilities	-0.62	0.54	0.49	0.46		-0.14	-0.52	0.49	0.07	0.74	0.91	0.95	-0.13	0.89	0.62	0.48	0.95	0.82	0.48	0.65	0.83	0.81	-0.8	0.77	-0.17	0.96
Total Stockholder Equity	0.13	0.61	-0.7	0.01	-0.14		0.78	-0.19	-0.7	0.16	-0.16	-0.07	0.73	-0.19	-0.43	-0.71	-0.04	0.08	-0.71	-0.46	0.25	-0.25	0.38	-0.42	0.92	0.04
Property Plant And Equipment Net	0.37	0.43	-0.52	-0.44	-0.52	0.78		-0.09	-0.31	-0.34	-0.59	-0.52	0.89	-0.33	-0.4	-0.53	-0.5	-0.37	-0.53	-0.32	-0.22	-0.5	0.79	-0.38	0.85	-0.44
Current Deferred Revenue	-0.28	0.46	0.71	-0.24	0.49	-0.19	-0.09		0.63	-0.01	0.43	0.29	0.24	0.68	0.75	0.71	0.26	0.46	0.71	0.75	0.28	0.31	-0.12	0.74	-0.02	0.4
Net Debt	-0.1	-0.19	0.9	-0.41	0.07	-0.7	-0.31	0.63		-0.5	0.03	-0.06	-0.14	0.36	0.67	0.9	-0.1	-0.13	0.9	0.67	-0.28	0.22	0.05	0.58	-0.53	-0.11
Retained Earnings	-0.52	0.46	-0.08	0.48	0.74	0.16	-0.34	-0.01	-0.5		0.8	0.8	-0.11	0.54	0.02	-0.09	0.8	0.76	-0.09	0.21	0.82	0.39	-0.83	0.34	0.05	0.83
Accounts Payable	-0.56	0.43	0.44	0.32	0.91	-0.16	-0.59	0.43	0.03	0.8		0.93	-0.23	0.81	0.54	0.43	0.91	0.85	0.43	0.56	0.81	0.57	-0.89	0.68	-0.24	0.93
Cash	-0.6	0.5	0.39	0.41	0.95	-0.07	-0.52	0.29	-0.06	0.8	0.93		-0.16	0.81	0.55	0.38	1.0	0.75	0.38	0.53	0.86	0.77	-0.85	0.65	-0.19	0.94
Non Current Assets Total	0.1	0.75	-0.2	-0.48	-0.13	0.73	0.89	0.24	-0.14	-0.11	-0.23	-0.16		0.13	-0.05	-0.22	-0.16	-0.1	-0.22	0.09	0.07	-0.21	0.54	0.04	0.81	-0.09
Non Currrent Assets Other	-0.57	0.64	0.7	0.07	0.89	-0.19	-0.33	0.68	0.36	0.54	0.81	0.81	0.13		0.74	0.68	0.78	0.67	0.69	0.89	0.69	0.68	-0.62	0.95	-0.13	0.81
Other Assets	-0.28	0.27	0.85	-0.13	0.62	-0.43	-0.4	0.75	0.67	0.02	0.54	0.55	-0.05	0.74		0.85	0.53	0.29	0.85	0.78	0.29	0.62	-0.32	0.8	-0.41	0.46
Long Term Debt	-0.36	0.02	1.0	-0.2	0.48	-0.71	-0.53	0.71	0.9	-0.09	0.43	0.38	-0.22	0.68	0.85		0.33	0.21	1.0	0.86	0.11	0.53	-0.34	0.83	-0.6	0.31
Cash And Short Term Investments	-0.58	0.5	0.35	0.46	0.95	-0.04	-0.5	0.26	-0.1	0.8	0.91	1.0	-0.16	0.78	0.53	0.33		0.75	0.33	0.48	0.86	0.79	-0.83	0.62	-0.17	0.95
Net Receivables	-0.48	0.53	0.21	0.53	0.82	0.08	-0.37	0.46	-0.13	0.76	0.85	0.75	-0.1	0.67	0.29	0.21	0.75		0.21	0.39	0.87	0.45	-0.71	0.51	0.12	0.91
Long Term Debt Total	-0.36	0.03	1.0	-0.2	0.48	-0.71	-0.53	0.71	0.9	-0.09	0.43	0.38	-0.22	0.69	0.85	1.0	0.33	0.21		0.86	0.11	0.53	-0.35	0.83	-0.6	0.31
Non Current Liabilities Total	-0.44	0.4	0.87	-0.19	0.65	-0.46	-0.32	0.75	0.67	0.21	0.56	0.53	0.09	0.89	0.78	0.86	0.48	0.39	0.86		0.36	0.53	-0.43	0.99	-0.31	0.5
Inventory	-0.48	0.67	0.12	0.45	0.83	0.25	-0.22	0.28	-0.28	0.82	0.81	0.86	0.07	0.69	0.29	0.11	0.86	0.87	0.11	0.36		0.57	-0.68	0.49	0.23	0.93
Other Current Assets	-0.58	0.3	0.54	0.5	0.81	-0.25	-0.5	0.31	0.22	0.39	0.57	0.77	-0.21	0.68	0.62	0.53	0.79	0.45	0.53	0.53	0.57		-0.56	0.62	-0.3	0.71
Other Stockholder Equity	0.56	-0.1	-0.35	-0.48	-0.8	0.38	0.79	-0.12	0.05	-0.83	-0.89	-0.85	0.54	-0.62	-0.32	-0.34	-0.83	-0.71	-0.35	-0.43	-0.68	-0.56		-0.54	0.48	-0.8
Total Liab	-0.51	0.46	0.84	-0.06	0.77	-0.42	-0.38	0.74	0.58	0.34	0.68	0.65	0.04	0.95	0.8	0.83	0.62	0.51	0.83	0.99	0.49	0.62	-0.54		-0.3	0.64
Property Plant And Equipment Gross	0.19	0.65	-0.59	-0.04	-0.17	0.92	0.85	-0.02	-0.53	0.05	-0.24	-0.19	0.81	-0.13	-0.41	-0.6	-0.17	0.12	-0.6	-0.31	0.23	-0.3	0.48	-0.3		-0.01
Total Current Assets	-0.59	0.59	0.32	0.52	0.96	0.04	-0.44	0.4	-0.11	0.83	0.93	0.94	-0.09	0.81	0.46	0.31	0.95	0.91	0.31	0.5	0.93	0.71	-0.8	0.64	-0.01

Click cells to compare fundamentals

Alpha Metallurgical Account Relationship Matchups

Alpha Metallurgical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	18.8M	18.3M	18.9M	18.2M	14.6M	14.6M
Total Assets	2.3B	1.7B	1.9B	2.3B	2.4B	2.1B
Short Long Term Debt Total	593.0M	582.5M	448.6M	11.0M	14.4M	13.7M
Other Current Liab	33.6M	137.1M	172.1M	268.6M	147.6M	142.1M
Total Current Liabilities	315.2M	259.1M	295.9M	402.6M	309.9M	308.9M
Total Stockholder Equity	696.1M	200.1M	546.9M	1.4B	1.6B	838.7M
Property Plant And Equipment Net	1.1B	826.9M	806.5M	893.7M	1.0B	967.1M
Current Deferred Revenue	154.3M	13.2M	174.6M	11.4M	2.3M	2.2M
Net Debt	380.2M	443.3M	367.3M	(290.9M)	(253.8M)	(241.1M)
Retained Earnings	86.8M	(360.5M)	(71.7M)	1.3B	2.0B	2.1B
Accounts Payable	98.7M	58.4M	90.1M	106.0M	128.8M	98.3M
Cash	212.8M	139.2M	81.2M	301.9M	268.2M	184.2M
Non Current Assets Total	1.6B	1.2B	1.1B	1.2B	1.4B	1.3B
Non Currrent Assets Other	308.3M	254.9M	229.0M	214.8M	216.2M	225.0M
Other Assets	482.0M	230.8M	229.0M	249.2M	1.0	0.95
Long Term Debt	564.5M	553.7M	444.8M	7.9M	6.8M	6.5M
Cash And Short Term Investments	212.8M	139.2M	81.2M	348.0M	268.2M	189.8M
Net Receivables	244.7M	145.7M	489.2M	407.2M	509.7M	307.7M
Long Term Debt Total	564.5M	553.7M	445.6M	7.9M	9.1M	8.6M
Liabilities And Stockholders Equity	2.3B	1.7B	1.9B	2.3B	2.4B	2.1B
Non Current Liabilities Total	1.3B	1.2B	1.0B	480.1M	522.2M	906.3M
Inventory	162.7M	108.1M	129.4M	200.6M	231.3M	142.4M
Other Current Assets	91.4M	117.2M	48.2M	158.7M	39.1M	37.1M
Other Stockholder Equity	667.7M	672.4M	676.9M	166.4M	(355.2M)	(337.5M)
Total Liab	1.6B	1.5B	1.3B	882.7M	832.1M	1.2B
Property Plant And Equipment Gross	1.1B	832.5M	1.3B	1.5B	1.7B	1.2B
Total Current Assets	711.5M	510.1M	748.0M	1.1B	1.0B	737.2M
Accumulated Other Comprehensive Income	(58.6M)	(112.0M)	(58.5M)	(12.2M)	(40.6M)	(42.6M)
Short Term Debt	28.5M	28.8M	3.0M	3.1M	2.3M	2.2M
Intangible Assets	125.1M	88.2M	74.2M	55.1M	46.6M	80.8M
Property Plant Equipment	966.7M	832.5M	444.3M	893.7M	804.3M	621.1M
Other Liab	721.2M	662.2M	569.3M	468.3M	538.6M	578.4M
Net Tangible Assets	571.9M	111.9M	472.7M	1.4B	1.6B	1.7B
Common Stock Total Equity	205K	206K	208K	217K	249.6K	196.3K
Capital Surpluse	775.7M	779.4M	784.7M	815.4M	937.8M	629.1M
Short Long Term Debt	28.5M	28.8M	3.0M	3.1M	3.6M	3.4M
Cash And Equivalents	212.8M	139.2M	81.2M	301.9M	347.2M	194.6M
Common Stock	205K	206K	208K	217K	221K	202.1K

Pair Trading with Alpha Metallurgical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alpha Metallurgical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alpha Metallurgical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alpha Stock

0.62	HCC	Warrior Met Coal	Pair Corr
0.95	METC	Ramaco Resources	Pair Corr
0.66	METCB	Ramaco Resources	Pair Corr

The ability to find closely correlated positions to Alpha Metallurgical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Metallurgical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha Metallurgical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha Metallurgical Resources to buy it.

The correlation of Alpha Metallurgical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha Metallurgical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Metallurgical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Alpha Metallurgical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Alpha Stock Analysis

When running Alpha Metallurgical's price analysis, check to measure Alpha Metallurgical'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 Alpha Metallurgical is operating at the current time. Most of Alpha Metallurgical's value examination focuses on studying past and present price action to predict the probability of Alpha Metallurgical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Metallurgical's price. Additionally, you may evaluate how the addition of Alpha Metallurgical to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC