Alarum Non Current Assets Total vs Depreciation And Amortization Analysis

ALAR Stock   11.17  0.07  0.63%   
Alarum Technologies financial indicator trend analysis is way more than just evaluating Alarum Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alarum Technologies is a good investment. Please check the relationship between Alarum Technologies Non Current Assets Total and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alarum Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Alarum Stock, please use our How to Invest in Alarum Technologies guide.

Non Current Assets Total vs Depreciation And Amortization

Non Current Assets Total vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alarum Technologies Non Current Assets Total account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alarum Technologies' Non Current Assets Total and Depreciation And Amortization is 0.56. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Alarum Technologies, assuming nothing else is changed. The correlation between historical values of Alarum Technologies' Non Current Assets Total and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Alarum Technologies are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Current Assets Total i.e., Alarum Technologies' Non Current Assets Total and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Alarum Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alarum Technologies 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 Alarum Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Alarum Stock, please use our How to Invest in Alarum Technologies guide.At this time, Alarum Technologies' Issuance Of Capital Stock is relatively stable compared to the past year. As of 12/20/2024, Enterprise Value is likely to grow to about 22.9 M, while Selling General Administrative is likely to drop slightly above 6.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses20.1M23.0M24.6M13.8M
Cost Of Revenue5.1M8.7M7.7M8.1M

Alarum Technologies fundamental ratios Correlations

0.830.740.930.76-0.44-0.850.680.650.940.60.340.80.90.94-0.260.930.770.830.830.710.120.540.680.3-0.2
0.830.920.610.79-0.22-0.70.380.60.810.590.220.660.670.79-0.190.720.940.670.730.440.290.410.740.68-0.16
0.740.920.450.68-0.01-0.70.50.470.780.580.350.50.680.78-0.20.70.990.530.660.430.460.470.640.85-0.15
0.930.610.450.63-0.56-0.760.660.590.840.520.270.790.850.83-0.240.870.490.820.750.72-0.080.460.56-0.04-0.19
0.760.790.680.63-0.63-0.810.240.90.610.52-0.220.910.680.6-0.710.740.720.910.40.770.160.790.720.33-0.68
-0.44-0.22-0.01-0.56-0.630.6-0.03-0.87-0.16-0.440.27-0.83-0.5-0.160.63-0.54-0.11-0.810.04-0.630.03-0.62-0.610.390.6
-0.85-0.7-0.7-0.76-0.810.6-0.62-0.82-0.73-0.82-0.25-0.86-0.94-0.770.59-0.95-0.75-0.9-0.46-0.86-0.3-0.84-0.78-0.280.54
0.680.380.50.660.24-0.03-0.620.180.80.390.740.30.740.84-0.040.690.480.390.680.610.030.40.220.18-0.04
0.650.60.470.590.9-0.87-0.820.180.420.62-0.170.940.670.43-0.730.720.550.930.170.750.210.810.810.09-0.69
0.940.810.780.840.61-0.16-0.730.80.420.50.490.60.80.99-0.080.810.770.650.930.610.070.40.510.42-0.08
0.60.590.580.520.52-0.44-0.820.390.620.50.370.640.750.54-0.310.750.650.640.290.490.480.530.810.3-0.26
0.340.220.350.27-0.220.27-0.250.74-0.170.490.37-0.120.410.540.490.360.35-0.060.510.020.19-0.120.160.270.48
0.80.660.50.790.91-0.83-0.860.30.940.60.64-0.120.760.6-0.640.810.570.990.390.790.140.750.790.05-0.62
0.90.670.680.850.68-0.5-0.940.740.670.80.750.410.760.84-0.420.990.710.810.590.80.260.70.660.24-0.3
0.940.790.780.830.6-0.16-0.770.840.430.990.540.540.60.84-0.110.840.780.650.90.640.110.440.530.42-0.1
-0.26-0.19-0.2-0.24-0.710.630.59-0.04-0.73-0.08-0.310.49-0.64-0.42-0.11-0.43-0.22-0.650.23-0.78-0.01-0.9-0.320.070.93
0.930.720.70.870.74-0.54-0.950.690.720.810.750.360.810.990.84-0.430.740.850.610.80.230.70.730.25-0.31
0.770.940.990.490.72-0.11-0.750.480.550.770.650.350.570.710.78-0.220.740.590.640.450.490.490.730.81-0.17
0.830.670.530.820.91-0.81-0.90.390.930.650.64-0.060.990.810.65-0.650.850.590.420.850.140.790.770.07-0.63
0.830.730.660.750.40.04-0.460.680.170.930.290.510.390.590.90.230.610.640.420.32-0.030.060.350.390.22
0.710.440.430.720.77-0.63-0.860.610.750.610.490.020.790.80.64-0.780.80.450.850.32-0.070.910.45-0.04-0.74
0.120.290.46-0.080.160.03-0.30.030.210.070.480.190.140.260.11-0.010.230.490.14-0.03-0.070.20.490.620.01
0.540.410.470.460.79-0.62-0.840.40.810.40.53-0.120.750.70.44-0.90.70.490.790.060.910.20.520.13-0.86
0.680.740.640.560.72-0.61-0.780.220.810.510.810.160.790.660.53-0.320.730.730.770.350.450.490.520.37-0.28
0.30.680.85-0.040.330.39-0.280.180.090.420.30.270.050.240.420.070.250.810.070.39-0.040.620.130.370.08
-0.2-0.16-0.15-0.19-0.680.60.54-0.04-0.69-0.08-0.260.48-0.62-0.3-0.10.93-0.31-0.17-0.630.22-0.740.01-0.86-0.280.08
Click cells to compare fundamentals

Alarum Technologies Account Relationship Matchups

Alarum Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.8M23.0M30.7M22.4M20.1M13.9M
Other Current Liab5.4M3.7M3.3M2.4M2.5M2.0M
Total Current Liabilities13.5M4.7M5.4M8.1M5.6M4.4M
Total Stockholder Equity2.8M16.2M24.2M13.3M13.2M8.0M
Property Plant And Equipment Net707K687K570K282K867K910.4K
Net Debt3.3M(10.4M)(3.3M)(244K)(8.9M)(8.4M)
Retained Earnings(62.7M)(70.5M)(83.7M)(96.8M)(102.3M)(97.2M)
Accounts Payable237K274K1.2M2.2M369K489.5K
Cash4.3M11.0M3.8M3.3M10.9M11.4M
Non Current Assets Total12.3M10.4M18.7M16.0M6.8M7.5M
Cash And Short Term Investments4.3M11.0M9.7M3.3M10.9M11.4M
Net Receivables1.2M1.5M2.2M2.6M2.4M1.3M
Good Will6.9M5.4M11.0M10.4M4.1M4.1M
Other Stockholder Equity52.4M71.5M91.1M95.1M100.6M52.7M
Total Liab15.1M6.8M6.5M9.1M6.9M5.4M
Total Current Assets5.5M12.6M11.9M6.4M13.3M13.9M
Intangible Assets4.6M4.2M7.0M4.9M1.4M1.3M
Common Stock Shares Outstanding35.1K1.3M2.7M3.2M4.1M4.4M
Current Deferred Revenue562K441K514K1.2M2.0M2.1M
Liabilities And Stockholders Equity17.8M23.0M30.7M22.4M20.1M16.1M
Non Current Liabilities Total1.6M2.0M1.0M920K1.3M1.3M
Accumulated Other Comprehensive Income13.1M15.3M16.7M15.0M14.9M14.8M
Short Term Debt7.3M298K365K2.4M660K627K

Pair Trading with Alarum Technologies

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 Alarum Technologies 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 Alarum Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Alarum Stock

  0.36VRNT Verint SystemsPairCorr
  0.32VHAI VHAIPairCorr
The ability to find closely correlated positions to Alarum Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alarum Technologies 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 Alarum Technologies - 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 Alarum Technologies to buy it.
The correlation of Alarum Technologies 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 Alarum Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alarum Technologies 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 Alarum Technologies 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 CorrelationCorrelation Matching

Additional Tools for Alarum Stock Analysis

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