Alamo Research Development vs Non Operating Income Net Other Analysis

ALG Stock  USD 195.95  0.21  0.11%   
Alamo financial indicator trend analysis is way more than just evaluating Alamo Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alamo Group is a good investment. Please check the relationship between Alamo Research Development and its Non Operating Income Net Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Research Development vs Non Operating Income Net Other

Research Development vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alamo Group Research Development account and Non Operating Income Net Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alamo's Research Development and Non Operating Income Net Other is -0.13. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Alamo Group, assuming nothing else is changed. The correlation between historical values of Alamo's Research Development and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Alamo Group are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Research Development i.e., Alamo's Research Development and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Non Operating Income Net Other

Most indicators from Alamo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alamo Group 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 Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Alamo's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense10.5M14.4M26.1M27.4M
Depreciation And Amortization44.5M46.7M48.0M50.4M

Alamo fundamental ratios Correlations

0.860.940.990.970.990.820.970.980.620.980.70.620.930.450.860.980.60.660.940.820.970.830.94-0.30.6
0.860.780.80.70.890.990.720.790.430.930.810.430.670.261.00.790.670.50.980.620.750.810.95-0.410.29
0.940.780.930.930.930.740.930.940.520.90.610.520.920.480.780.940.560.670.860.780.930.710.85-0.390.6
0.990.80.930.980.950.750.980.990.640.950.670.640.930.460.80.990.550.650.90.810.980.830.9-0.190.65
0.970.70.930.980.930.651.00.970.640.90.560.640.980.480.710.980.50.660.820.850.990.750.83-0.220.69
0.990.890.930.950.930.860.930.940.570.980.70.570.90.430.90.940.60.650.960.830.930.810.95-0.350.56
0.820.990.740.750.650.860.670.740.320.90.80.320.620.190.990.750.640.450.960.570.70.80.93-0.410.22
0.970.720.930.981.00.930.670.960.60.910.580.60.970.420.720.980.490.630.830.840.980.780.85-0.250.65
0.980.790.940.990.970.940.740.960.650.930.70.650.930.540.790.980.590.720.890.770.970.780.89-0.20.67
0.620.430.520.640.640.570.320.60.650.540.351.00.620.610.440.590.520.570.530.590.670.410.49-0.150.66
0.980.930.90.950.90.980.90.910.930.540.80.540.840.360.930.930.590.610.980.740.90.880.99-0.350.49
0.70.810.610.670.560.70.80.580.70.350.80.350.450.190.830.640.640.490.820.230.570.770.84-0.310.17
0.620.430.520.640.640.570.320.60.651.00.540.350.620.610.440.590.520.570.530.590.670.410.49-0.150.66
0.930.670.920.930.980.90.620.970.930.620.840.450.620.550.660.950.530.690.780.870.980.630.75-0.210.72
0.450.260.480.460.480.430.190.420.540.610.360.190.610.550.290.430.450.870.350.460.52-0.020.270.080.75
0.861.00.780.80.710.90.990.720.790.440.930.830.440.660.290.790.680.530.980.60.750.80.95-0.420.3
0.980.790.940.990.980.940.750.980.980.590.930.640.590.950.430.790.560.630.890.820.990.810.88-0.220.63
0.60.670.560.550.50.60.640.490.590.520.590.640.520.530.450.680.560.60.670.460.580.440.57-0.280.42
0.660.50.670.650.660.650.450.630.720.570.610.490.570.690.870.530.630.60.590.510.680.260.54-0.180.79
0.940.980.860.90.820.960.960.830.890.530.980.820.530.780.350.980.890.670.590.690.850.850.98-0.370.42
0.820.620.780.810.850.830.570.840.770.590.740.230.590.870.460.60.820.460.510.690.860.580.66-0.120.7
0.970.750.930.980.990.930.70.980.970.670.90.570.670.980.520.750.990.580.680.850.860.740.83-0.230.69
0.830.810.710.830.750.810.80.780.780.410.880.770.410.63-0.020.80.810.440.260.850.580.740.91-0.20.3
0.940.950.850.90.830.950.930.850.890.490.990.840.490.750.270.950.880.570.540.980.660.830.91-0.370.4
-0.3-0.41-0.39-0.19-0.22-0.35-0.41-0.25-0.2-0.15-0.35-0.31-0.15-0.210.08-0.42-0.22-0.28-0.18-0.37-0.12-0.23-0.2-0.370.12
0.60.290.60.650.690.560.220.650.670.660.490.170.660.720.750.30.630.420.790.420.70.690.30.40.12
Click cells to compare fundamentals

Alamo Account Relationship Matchups

Alamo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.1B1.2B1.3B1.4B1.5B
Short Long Term Debt Total444.0M285.4M269.6M302.0M251.9M264.5M
Other Current Liab59.6M55.0M68.9M66.7M76.2M80.0M
Total Current Liabilities162.9M157.3M192.6M190.5M213.9M224.6M
Total Stockholder Equity569.8M625.6M705.7M785.4M932.8M979.4M
Property Plant And Equipment Net217.2M197.7M185.0M188.7M222.2M233.3M
Net Debt401.7M235.2M227.4M254.9M200.0M210.0M
Retained Earnings500.3M550.8M633.8M727.2M852.9M895.5M
Accounts Payable82.0M75.3M101.4M97.5M99.7M104.7M
Cash42.3M50.2M42.1M47.0M51.9M54.5M
Non Current Assets Total641.9M606.3M593.6M581.3M605.4M635.7M
Non Currrent Assets Other20.4M19.1M22.7M24.4M7.0M6.4M
Cash And Short Term Investments42.3M50.2M42.1M47.0M51.9M54.5M
Net Receivables237.8M215.5M238.0M317.6M362.1M380.2M
Common Stock Shares Outstanding11.8M11.8M11.9M11.9M12.0M11.5M
Liabilities And Stockholders Equity1.2B1.1B1.2B1.3B1.4B1.5B
Non Current Liabilities Total480.1M326.4M307.5M332.6M262.7M275.8M
Inventory267.7M230.0M320.9M352.6M377.5M396.4M
Other Current Assets23.0M7.4M11.2M19.2M12.5M7.9M
Other Stockholder Equity109.1M114.0M119.7M125.3M133.2M78.6M
Total Liab643.0M483.7M500.1M523.1M476.6M500.5M
Property Plant And Equipment Gross302.1M197.7M185.0M188.7M405.2M425.5M
Total Current Assets570.8M503.0M612.2M727.2M804.0M844.2M
Accumulated Other Comprehensive Income(40.8M)(40.3M)(49.0M)(68.3M)(54.5M)(51.8M)
Short Term Debt18.8M18.7M19.7M19.7M20.3M21.3M
Intangible Assets206.3M193.2M183.5M171.3M168.3M176.7M
Current Deferred Revenue2.4M1.4M6.4M5.2M5.2M9.7M
Common Stock Total Equity1.2M1.2M1.2M1.2M1.4M1.2M
Common Stock1.2M1.2M1.2M1.2M1.2M1.2M
Other Assets7.6M20.3M6.0M8.1M9.3M5.0M
Long Term Debt425.1M270.3M254.5M286.9M220.3M114.5M
Good Will198.0M195.1M202.4M195.9M206.5M216.9M
Property Plant Equipment56.5M42.3M32.5M206.0M236.9M248.7M
Other Liab46.0M56.1M40.8M32.9M37.8M23.0M
Net Tangible Assets569.8M625.6M705.7M785.4M903.2M519.4M
Retained Earnings Total Equity500.3M550.8M633.8M727.2M836.3M439.7M
Long Term Debt Total425.1M270.3M254.5M286.9M330.0M346.5M
Capital Surpluse113.7M118.5M124.2M129.8M149.3M115.0M
Deferred Long Term Liab26.5M19.6M21.5M18.3M21.0M11.5M

Currently Active Assets on Macroaxis

When determining whether Alamo Group is a strong investment it is important to analyze Alamo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alamo. If investors know Alamo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alamo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Dividend Share
1
Earnings Share
9.93
Revenue Per Share
138.895
Quarterly Revenue Growth
(0.04)
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alamo's market value can be influenced by many factors that don't directly affect Alamo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.