Alkami Total Assets vs Other Current Assets Analysis

ALKT Stock  USD 39.69  2.53  5.99%   
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 Total Assets and its Other Current Assets 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.

Total Assets vs Other Current Assets

Total Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkami Technology Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alkami Technology's Total Assets and Other Current Assets is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets 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 Total Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Alkami Technology are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Alkami Technology's Total Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Alkami Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Alkami Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Amortization3.4M8.1M10.6M6.0M
Interest Income487K2.7M7.1M7.5M

Alkami Technology fundamental ratios Correlations

0.820.90.961.00.410.890.750.89-0.49-0.90.830.690.890.880.120.90.90.920.840.870.760.920.980.940.92
0.820.690.810.770.030.630.680.62-0.13-0.690.580.440.80.650.410.690.660.690.610.980.730.720.780.720.97
0.90.690.970.90.260.960.860.96-0.23-0.910.930.410.920.86-0.20.690.940.980.920.710.860.940.890.980.8
0.960.810.970.950.220.920.890.95-0.26-0.930.90.480.960.91-0.040.750.960.960.890.820.880.970.950.980.9
1.00.770.90.950.450.90.740.9-0.52-0.90.840.70.880.90.070.90.920.930.840.830.750.930.980.950.88
0.410.030.260.220.450.49-0.20.2-0.9-0.280.270.8-0.010.160.070.720.170.370.320.2-0.090.150.320.320.21
0.890.630.960.920.90.490.70.89-0.43-0.850.880.570.80.76-0.140.790.850.970.890.690.720.850.840.960.77
0.750.680.860.890.74-0.20.70.910.15-0.850.840.070.970.9-0.250.390.930.810.80.620.940.930.820.840.71
0.890.620.960.950.90.20.890.91-0.21-0.940.950.370.950.96-0.280.640.990.950.910.630.880.980.930.950.74
-0.49-0.13-0.23-0.26-0.52-0.9-0.430.15-0.210.21-0.15-0.95-0.07-0.22-0.37-0.77-0.22-0.31-0.17-0.30.16-0.23-0.4-0.36-0.3
-0.9-0.69-0.91-0.93-0.9-0.28-0.85-0.85-0.940.21-0.98-0.38-0.91-0.940.28-0.7-0.94-0.96-0.98-0.71-0.92-0.92-0.93-0.89-0.79
0.830.580.930.90.840.270.880.840.95-0.15-0.980.280.870.9-0.440.610.930.960.990.60.910.890.870.890.69
0.690.440.410.480.70.80.570.070.37-0.95-0.380.280.310.390.50.910.40.470.310.570.060.440.60.550.57
0.890.80.920.960.88-0.010.80.970.95-0.07-0.910.870.310.94-0.090.60.970.890.840.770.930.980.930.920.85
0.880.650.860.910.90.160.760.90.96-0.22-0.940.90.390.94-0.210.640.980.880.860.650.870.970.960.880.74
0.120.41-0.2-0.040.070.07-0.14-0.25-0.28-0.370.28-0.440.5-0.09-0.210.32-0.21-0.22-0.40.43-0.31-0.110.01-0.070.32
0.90.690.690.750.90.720.790.390.64-0.77-0.70.610.910.60.640.320.650.760.650.80.450.680.830.770.82
0.90.660.940.960.920.170.850.930.99-0.22-0.940.930.40.970.98-0.210.650.930.890.670.880.990.950.950.77
0.920.690.980.960.930.370.970.810.95-0.31-0.960.960.470.890.88-0.220.760.930.970.730.860.920.920.960.82
0.840.610.920.890.840.320.890.80.91-0.17-0.980.990.310.840.86-0.40.650.890.970.640.90.850.860.870.73
0.870.980.710.820.830.20.690.620.63-0.3-0.710.60.570.770.650.430.80.670.730.640.690.730.810.760.99
0.760.730.860.880.75-0.090.720.940.880.16-0.920.910.060.930.87-0.310.450.880.860.90.690.860.820.80.76
0.920.720.940.970.930.150.850.930.98-0.23-0.920.890.440.980.97-0.110.680.990.920.850.730.860.960.960.81
0.980.780.890.950.980.320.840.820.93-0.4-0.930.870.60.930.960.010.830.950.920.860.810.820.960.930.88
0.940.720.980.980.950.320.960.840.95-0.36-0.890.890.550.920.88-0.070.770.950.960.870.760.80.960.930.84
0.920.970.80.90.880.210.770.710.74-0.3-0.790.690.570.850.740.320.820.770.820.730.990.760.810.880.84
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Alkami Technology Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Alkami Stock Analysis

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