Allarity Historical Balance Sheet

ALLR Stock

USD 1.10 0.01 0.90%

Trend analysis of Allarity Therapeutics balance sheet accounts such as Total Current Liabilities of 11.7 M, Accounts Payable of 5.5 M or Net Receivables of 898.7 K provides information on Allarity Therapeutics' total assets, liabilities, and equity, which is the actual value of Allarity Therapeutics to its prevalent stockholders. By breaking down trends over time using Allarity Therapeutics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Allarity Therapeutics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Allarity Therapeutics is a good buy for the upcoming year.

Allarity Therapeutics Inventory

(1.15 Million)

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allarity Therapeutics. 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.

To learn how to invest in Allarity Stock, please use our How to Invest in Allarity Therapeutics guide.

About Allarity Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Allarity Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Allarity Therapeutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Allarity Therapeutics 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 Allarity currently owns. An asset can also be divided into two categories, current and non-current.

Allarity Therapeutics Balance Sheet Chart

At this time, Allarity Therapeutics' Total Liabilities is relatively stable compared to the past year. As of 11/29/2024, Long Term Investments is likely to grow to about 488.4 K, while Net Tangible Assets are likely to drop (9.2 M).

Other Current Liab Total Current Liabilities Accounts Payable Net Receivables Property Plant Equipment

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Total Current Liabilities

Total Current Liabilities is an item on Allarity Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Allarity Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Allarity Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Allarity Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Allarity Therapeutics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Allarity Therapeutics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Allarity Therapeutics. 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.

To learn how to invest in Allarity Stock, please use our How to Invest in Allarity Therapeutics guide.At this time, Allarity Therapeutics' Total Liabilities is relatively stable compared to the past year. As of 11/29/2024, Long Term Investments is likely to grow to about 488.4 K, while Net Tangible Assets are likely to drop (9.2 M).

	2021	2022	2023	2024 (projected)
Total Current Liabilities	20.7M	11.2M	14.2M	11.7M
Other Current Liabilities	19.8M	2.3M	4.4M	6.5M

Total Current Liabilities Other Current Liab

Allarity Therapeutics balance sheet Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Inventory	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Other Liab	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital
Other Current Liab		0.23	0.31	-0.02	-0.43	-0.06	0.08	-0.03	0.78	-0.03	-0.46	0.22	0.68	-0.36	0.18	-0.1	-0.89	0.85	0.28	0.85	-0.12	0.69	-0.08	-0.38	0.8	0.16
Total Current Liabilities	0.23		-0.72	-0.33	0.71	0.71	-0.16	-0.04	0.65	0.4	-0.35	0.16	0.15	-0.11	-0.06	-0.11	-0.33	0.32	-0.03	0.32	0.02	0.25	-0.11	-0.05	0.35	-0.07
Net Tangible Assets	0.31	-0.72		0.12	-0.71	-0.59	0.31	-0.11	-0.21	-0.46	-0.34	0.14	-0.03	0.01	-0.04	-0.01	0.0	0.0	-0.04	0.0	0.01	0.01	-0.02	0.03	0.02	-0.04
Retained Earnings	-0.02	-0.33	0.12		-0.54	0.28	0.68	-0.65	0.13	0.68	0.43	0.61	0.58	-0.55	0.91	0.91	0.02	-0.09	0.86	-0.09	-0.81	0.56	0.93	-0.67	-0.47	0.91
Accounts Payable	-0.43	0.71	-0.71	-0.54		0.53	-0.27	0.1	-0.05	0.09	-0.22	-0.1	-0.55	0.22	-0.48	-0.26	0.35	-0.32	-0.48	-0.32	0.38	-0.4	-0.28	0.38	-0.13	-0.47
Net Receivables	-0.06	0.71	-0.59	0.28	0.53		0.48	-0.68	0.46	0.81	-0.19	0.69	0.22	-0.44	0.37	0.58	0.09	-0.15	0.42	-0.15	-0.37	0.4	0.56	-0.39	-0.29	0.36
Inventory	0.08	-0.16	0.31	0.68	-0.27	0.48		-0.94	0.14	0.48	-0.21	0.93	0.26	-0.63	0.49	0.85	0.21	-0.3	0.57	-0.3	-0.49	0.53	0.82	-0.54	-0.47	0.47
Other Stockholder Equity	-0.03	-0.04	-0.11	-0.65	0.1	-0.68	-0.94		-0.19	-0.66	0.23	-0.96	-0.3	0.6	-0.54	-0.87	-0.25	0.35	-0.64	0.35	0.49	-0.48	-0.85	0.57	0.52	-0.52
Total Current Assets	0.78	0.65	-0.21	0.13	-0.05	0.46	0.14	-0.19		0.42	-0.35	0.4	0.72	-0.35	0.39	0.14	-0.82	0.79	0.41	0.79	-0.46	0.83	0.15	-0.38	0.6	0.38
Common Stock	-0.03	0.4	-0.46	0.68	0.09	0.81	0.48	-0.66	0.42		0.2	0.65	0.56	-0.55	0.81	0.8	-0.01	-0.06	0.8	-0.06	-0.64	0.49	0.81	-0.67	-0.38	0.81
Property Plant Equipment	-0.46	-0.35	-0.34	0.43	-0.22	-0.19	-0.21	0.23	-0.35	0.2		-0.37	0.15	-0.04	0.37	0.23	0.12	-0.13	0.31	-0.13	-0.2	-0.1	0.26	-0.2	-0.29	0.38
Other Liab	0.22	0.16	0.14	0.61	-0.1	0.69	0.93	-0.96	0.4	0.65	-0.37		0.37	-0.63	0.55	0.81	0.06	-0.15	0.61	-0.15	-0.55	0.62	0.79	-0.57	-0.35	0.53
Total Assets	0.68	0.15	-0.03	0.58	-0.55	0.22	0.26	-0.3	0.72	0.56	0.15	0.37		-0.56	0.78	0.45	-0.72	0.66	0.84	0.66	-0.59	0.82	0.49	-0.76	0.36	0.77
Short Long Term Debt Total	-0.36	-0.11	0.01	-0.55	0.22	-0.44	-0.63	0.6	-0.35	-0.55	-0.04	-0.63	-0.56		-0.54	-0.66	0.23	-0.08	-0.7	-0.08	0.18	-0.63	-0.66	0.92	0.04	-0.5
Total Stockholder Equity	0.18	-0.06	-0.04	0.91	-0.48	0.37	0.49	-0.54	0.39	0.81	0.37	0.55	0.78	-0.54		0.81	-0.23	0.17	0.94	0.17	-0.82	0.63	0.84	-0.75	-0.25	1.0
Property Plant And Equipment Net	-0.1	-0.11	-0.01	0.91	-0.26	0.58	0.85	-0.87	0.14	0.8	0.23	0.81	0.45	-0.66	0.81		0.2	-0.29	0.82	-0.29	-0.69	0.53	1.0	-0.7	-0.6	0.8
Net Debt	-0.89	-0.33	0.0	0.02	0.35	0.09	0.21	-0.25	-0.82	-0.01	0.12	0.06	-0.72	0.23	-0.23	0.2		-0.99	-0.25	-0.99	0.2	-0.67	0.17	0.31	-0.88	-0.22
Cash	0.85	0.32	0.0	-0.09	-0.32	-0.15	-0.3	0.35	0.79	-0.06	-0.13	-0.15	0.66	-0.08	0.17	-0.29	-0.99		0.16	1.0	-0.2	0.6	-0.26	-0.17	0.9	0.16
Non Current Assets Total	0.28	-0.03	-0.04	0.86	-0.48	0.42	0.57	-0.64	0.41	0.8	0.31	0.61	0.84	-0.7	0.94	0.82	-0.25	0.16		0.16	-0.67	0.68	0.85	-0.89	-0.18	0.93
Cash And Short Term Investments	0.85	0.32	0.0	-0.09	-0.32	-0.15	-0.3	0.35	0.79	-0.06	-0.13	-0.15	0.66	-0.08	0.17	-0.29	-0.99	1.0	0.16		-0.2	0.6	-0.26	-0.17	0.9	0.16
Common Stock Shares Outstanding	-0.12	0.02	0.01	-0.81	0.38	-0.37	-0.49	0.49	-0.46	-0.64	-0.2	-0.55	-0.59	0.18	-0.82	-0.69	0.2	-0.2	-0.67	-0.2		-0.66	-0.71	0.33	0.23	-0.84
Non Current Liabilities Total	0.69	0.25	0.01	0.56	-0.4	0.4	0.53	-0.48	0.83	0.49	-0.1	0.62	0.82	-0.63	0.63	0.53	-0.67	0.6	0.68	0.6	-0.66		0.54	-0.64	0.34	0.61
Capital Lease Obligations	-0.08	-0.11	-0.02	0.93	-0.28	0.56	0.82	-0.85	0.15	0.81	0.26	0.79	0.49	-0.66	0.84	1.0	0.17	-0.26	0.85	-0.26	-0.71	0.54		-0.72	-0.58	0.83
Other Current Assets	-0.38	-0.05	0.03	-0.67	0.38	-0.39	-0.54	0.57	-0.38	-0.67	-0.2	-0.57	-0.76	0.92	-0.75	-0.7	0.31	-0.17	-0.89	-0.17	0.33	-0.64	-0.72		0.04	-0.71
Total Liab	0.8	0.35	0.02	-0.47	-0.13	-0.29	-0.47	0.52	0.6	-0.38	-0.29	-0.35	0.36	0.04	-0.25	-0.6	-0.88	0.9	-0.18	0.9	0.23	0.34	-0.58	0.04		-0.27
Net Invested Capital	0.16	-0.07	-0.04	0.91	-0.47	0.36	0.47	-0.52	0.38	0.81	0.38	0.53	0.77	-0.5	1.0	0.8	-0.22	0.16	0.93	0.16	-0.84	0.61	0.83	-0.71	-0.27

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Allarity Therapeutics Account Relationship Matchups

Allarity Therapeutics balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.9M	1.8M	19.8M	2.3M	4.4M	6.5M
Total Current Liabilities	4.7M	5.5M	20.7M	11.2M	14.2M	11.7M
Net Tangible Assets	(32.1M)	(15.1M)	(10.0M)	(7.7M)	(8.8M)	(9.2M)
Retained Earnings	(32.4M)	(37.4M)	(66.5M)	(82.6M)	(94.5M)	(99.2M)
Accounts Payable	2.2M	2.1M	698K	6.3M	8.4M	5.5M
Net Receivables	1.7M	1.1M	1.3M	871K	946K	898.7K
Other Stockholder Equity	50.6M	62.5M	84.4M	83.2M	90.4M	58.3M
Total Current Assets	3.3M	1.7M	21.1M	5.0M	2.0M	1.9M
Common Stock	924K	1.6M	810K	2K	1.8K	1.7K
Property Plant Equipment	2.9M	2.1M	94K	21K	18.9K	18.0K
Other Liab	6.1M	2.3M	9.1M	349K	314.1K	298.4K

Pair Trading with Allarity Therapeutics

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 Allarity Therapeutics 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 Allarity Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allarity Stock

0.68

ELAN

Elanco Animal Health

Pair Corr

Moving against Allarity Stock

0.88	BHC	Bausch Health Companies	Pair Corr
0.87	EWTX	Edgewise Therapeutics	Pair Corr
0.82	GILD	Gilead Sciences	Pair Corr
0.72	BMY	Bristol Myers Squibb Sell-off Trend	Pair Corr
0.71	GANX	Gain Therapeutics	Pair Corr

The ability to find closely correlated positions to Allarity Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allarity Therapeutics 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 Allarity Therapeutics - 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 Allarity Therapeutics to buy it.

The correlation of Allarity Therapeutics 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 Allarity Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allarity Therapeutics 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 Allarity Therapeutics 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 Allarity Stock Analysis

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

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Allarity Historical Balance Sheet

Allarity Therapeutics Inventory

(1.15 Million)

About Allarity Balance Sheet Analysis

Allarity Therapeutics Balance Sheet Chart

Total Current Liabilities

Accounts Payable

Allarity Therapeutics balance sheet Correlations

Allarity Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allarity Therapeutics balance sheet Accounts

Pair Trading with Allarity Therapeutics

Moving together with Allarity Stock

Moving against Allarity Stock

Additional Tools for Allarity Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.94	Total Stockholder Equity
Capital Lease Obligations	+ 0.93	Retained Earnings
Other Liab	+ 0.93	Inventory

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Other Liab	- 0.96	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Inventory
Other Current Assets	- 0.89	Non Current Assets Total
Net Debt	- 0.89	Other Current Liab