Alpha Cash And Short Term Investments vs Cash Analysis

APT Stock

USD 5.30 0.04 0.75%

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

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Pro Tech Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.

The correlation between Alpha Pro's Cash And Short Term Investments and Cash is 0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Alpha Pro Tech, assuming nothing else is changed. The correlation between historical values of Alpha Pro's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Alpha Pro Tech are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Alpha Pro's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Alpha Pro Tech balance sheet. This account contains Alpha Pro investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Alpha Pro Tech fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of Alpha Pro Tech, which is listed under current asset account on Alpha Pro Tech balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alpha Pro customers. The amounts must be unrestricted with restricted cash listed in a different Alpha Pro account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

At this time, Alpha Pro's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 12.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	25.3M	21.7M	22.8M	18.0M
Total Revenue	68.6M	62.0M	61.2M	44.1M

Gross Profit Total Revenue

Alpha Pro fundamental ratios Correlations

	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	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.27	0.23	0.3	1.0	0.7	0.3	-0.83	0.87	-0.11	0.78	0.75	-0.52	0.79	0.72	-0.69	-0.56	0.75	0.56	0.87	0.78	-0.49	0.68	0.42	0.99	0.6
Short Long Term Debt Total	0.27		0.22	0.01	0.25	0.54	0.13	-0.48	0.34	-0.14	0.55	0.56	-0.06	0.57	0.32	-0.23	-0.11	0.4	0.68	0.11	0.5	0.13	0.27	0.73	0.25	-0.12
Other Current Liab	0.23	0.22		0.67	0.19	-0.05	-0.55	-0.35	0.21	0.6	0.27	0.05	0.37	0.29	0.51	-0.2	-0.14	0.02	-0.02	-0.11	0.19	-0.36	0.45	-0.18	0.24	-0.04
Total Current Liabilities	0.3	0.01	0.67		0.23	0.32	0.13	-0.46	0.35	0.79	0.5	0.33	0.4	0.49	0.42	-0.35	-0.46	0.44	0.3	-0.06	0.27	-0.45	0.78	0.17	0.29	0.6
Total Stockholder Equity	1.0	0.25	0.19	0.23		0.67	0.29	-0.82	0.87	-0.17	0.76	0.73	-0.57	0.77	0.71	-0.67	-0.53	0.72	0.52	0.9	0.78	-0.48	0.61	0.39	0.99	0.56
Property Plant And Equipment Net	0.7	0.54	-0.05	0.32	0.67		0.72	-0.75	0.83	-0.17	0.88	0.98	-0.32	0.86	0.48	-0.64	-0.62	0.9	0.92	0.55	0.71	-0.36	0.67	0.89	0.65	0.73
Current Deferred Revenue	0.3	0.13	-0.55	0.13	0.29	0.72		-0.38	0.43	-0.15	0.53	0.62	-0.26	0.5	0.02	-0.36	-0.45	0.74	0.64	0.32	0.44	-0.09	0.34	0.76	0.27	0.7
Net Debt	-0.83	-0.48	-0.35	-0.46	-0.82	-0.75	-0.38		-0.87	-0.09	-0.96	-0.79	0.36	-0.97	-0.68	0.6	0.49	-0.82	-0.62	-0.63	-0.86	0.41	-0.62	-0.59	-0.84	-0.53
Retained Earnings	0.87	0.34	0.21	0.35	0.87	0.83	0.43	-0.87		-0.19	0.87	0.91	-0.4	0.87	0.65	-0.81	-0.71	0.81	0.64	0.71	0.79	-0.7	0.6	0.55	0.85	0.65
Accounts Payable	-0.11	-0.14	0.6	0.79	-0.17	-0.17	-0.15	-0.09	-0.19		0.08	-0.21	0.55	0.08	0.17	0.19	0.07	0.02	-0.11	-0.34	-0.08	0.05	0.41	-0.16	-0.09	0.15
Cash	0.78	0.55	0.27	0.5	0.76	0.88	0.53	-0.96	0.87	0.08		0.9	-0.3	0.99	0.62	-0.63	-0.56	0.89	0.78	0.56	0.83	-0.4	0.7	0.75	0.77	0.64
Non Current Assets Total	0.75	0.56	0.05	0.33	0.73	0.98	0.62	-0.79	0.91	-0.21	0.9		-0.31	0.88	0.53	-0.74	-0.68	0.87	0.87	0.58	0.75	-0.49	0.66	0.82	0.71	0.68
Non Currrent Assets Other	-0.52	-0.06	0.37	0.4	-0.57	-0.32	-0.26	0.36	-0.4	0.55	-0.3	-0.31		-0.32	-0.21	0.01	-0.15	-0.41	-0.28	-0.81	-0.52	-0.08	0.04	-0.18	-0.57	-0.14
Cash And Short Term Investments	0.79	0.57	0.29	0.49	0.77	0.86	0.5	-0.97	0.87	0.08	0.99	0.88	-0.32		0.64	-0.62	-0.54	0.91	0.79	0.58	0.86	-0.39	0.71	0.74	0.79	0.6
Net Receivables	0.72	0.32	0.51	0.42	0.71	0.48	0.02	-0.68	0.65	0.17	0.62	0.53	-0.21	0.64		-0.44	-0.33	0.56	0.39	0.52	0.59	-0.37	0.56	0.29	0.74	0.36
Common Stock Total Equity	-0.69	-0.23	-0.2	-0.35	-0.67	-0.64	-0.36	0.6	-0.81	0.19	-0.63	-0.74	0.01	-0.62	-0.44		0.96	-0.56	-0.46	-0.4	-0.49	0.84	-0.58	-0.44	-0.62	-0.57
Common Stock Shares Outstanding	-0.56	-0.11	-0.14	-0.46	-0.53	-0.62	-0.45	0.49	-0.71	0.07	-0.56	-0.68	-0.15	-0.54	-0.33	0.96		-0.54	-0.45	-0.25	-0.37	0.83	-0.62	-0.44	-0.48	-0.67
Short Term Investments	0.75	0.4	0.02	0.44	0.72	0.9	0.74	-0.82	0.81	0.02	0.89	0.87	-0.41	0.91	0.56	-0.56	-0.54		0.84	0.63	0.85	-0.32	0.7	0.78	0.74	0.74
Non Current Liabilities Total	0.56	0.68	-0.02	0.3	0.52	0.92	0.64	-0.62	0.64	-0.11	0.78	0.87	-0.28	0.79	0.39	-0.46	-0.45	0.84		0.4	0.64	-0.13	0.69	0.91	0.52	0.57
Inventory	0.87	0.11	-0.11	-0.06	0.9	0.55	0.32	-0.63	0.71	-0.34	0.56	0.58	-0.81	0.58	0.52	-0.4	-0.25	0.63	0.4		0.7	-0.26	0.34	0.29	0.89	0.43
Other Current Assets	0.78	0.5	0.19	0.27	0.78	0.71	0.44	-0.86	0.79	-0.08	0.83	0.75	-0.52	0.86	0.59	-0.49	-0.37	0.85	0.64	0.7		-0.29	0.5	0.59	0.79	0.41
Other Stockholder Equity	-0.49	0.13	-0.36	-0.45	-0.48	-0.36	-0.09	0.41	-0.7	0.05	-0.4	-0.49	-0.08	-0.39	-0.37	0.84	0.83	-0.32	-0.13	-0.26	-0.29		-0.42	-0.03	-0.44	-0.51
Total Liab	0.68	0.27	0.45	0.78	0.61	0.67	0.34	-0.62	0.6	0.41	0.7	0.66	0.04	0.71	0.56	-0.58	-0.62	0.7	0.69	0.34	0.5	-0.42		0.49	0.64	0.75
Property Plant And Equipment Gross	0.42	0.73	-0.18	0.17	0.39	0.89	0.76	-0.59	0.55	-0.16	0.75	0.82	-0.18	0.74	0.29	-0.44	-0.44	0.78	0.91	0.29	0.59	-0.03	0.49		0.38	0.47
Total Current Assets	0.99	0.25	0.24	0.29	0.99	0.65	0.27	-0.84	0.85	-0.09	0.77	0.71	-0.57	0.79	0.74	-0.62	-0.48	0.74	0.52	0.89	0.79	-0.44	0.64	0.38		0.56
Short Term Debt	0.6	-0.12	-0.04	0.6	0.56	0.73	0.7	-0.53	0.65	0.15	0.64	0.68	-0.14	0.6	0.36	-0.57	-0.67	0.74	0.57	0.43	0.41	-0.51	0.75	0.47	0.56

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Alpha Pro Account Relationship Matchups

Alpha Pro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.1M	68.8M	67.9M	64.8M	68.8M	35.3M
Other Current Liab	920K	3.7M	367K	(66K)	442K	419.9K
Total Current Liabilities	2.3M	5.9M	2.7M	2.4M	2.6M	2.8M
Total Stockholder Equity	33.2M	60.0M	62.6M	60.8M	61.6M	31.3M
Property Plant And Equipment Net	6.2M	7.9M	8.7M	7.5M	10.4M	10.9M
Net Debt	(3.3M)	(19.7M)	(13.6M)	(14.5M)	(15.5M)	(14.8M)
Retained Earnings	32.4M	59.5M	62.5M	62.1M	46.6M	48.9M
Accounts Payable	501K	2.0M	528K	674K	802K	820.1K
Cash	6.5M	23.3M	16.3M	16.3M	20.4M	21.4M
Non Current Assets Total	11.1M	13.5M	14.9M	12.2M	15.7M	16.5M
Non Currrent Assets Other	(224K)	(211K)	(791K)	(764K)	(442K)	(464.1K)
Cash And Short Term Investments	6.9M	23.3M	16.3M	16.3M	20.4M	21.4M
Net Receivables	4.3M	9.0M	4.8M	7.0M	6.5M	5.1M
Common Stock Total Equity	143K	135K	129K	123K	110.7K	161.8K
Common Stock Shares Outstanding	13.2M	14.0M	13.5M	12.8M	11.9M	16.3M
Short Term Investments	343K	258K	335K	5.5M	6.4M	6.7M
Liabilities And Stockholders Equity	38.1M	68.8M	67.9M	64.8M	68.8M	35.3M
Non Current Liabilities Total	2.6M	2.9M	2.6M	1.6M	4.6M	4.9M
Inventory	11.3M	16.7M	25.0M	24.4M	20.1M	12.6M
Other Current Assets	898K	6.1M	6.9M	4.9M	6.0M	6.3M
Other Stockholder Equity	657K	409K	132K	(1.5M)	16.3M	15.5M
Total Liab	4.9M	8.8M	5.3M	4.0M	7.2M	4.0M
Property Plant And Equipment Gross	6.2M	7.9M	8.7M	7.5M	24.0M	25.2M
Total Current Assets	26.9M	55.3M	53.0M	52.6M	53.1M	28.2M
Short Term Debt	883K	1.7M	1.8M	1.8M	1.3M	901.9K
Intangible Assets	11K	7K	3K	1K	900.0	855.0
Property Plant Equipment	3.9M	4.4M	8.7M	5.7M	6.6M	4.1M
Net Tangible Assets	33.2M	60.0M	62.6M	60.7M	69.8M	45.0M
Retained Earnings Total Equity	29.4M	32.4M	59.5M	62.1M	71.4M	75.0M
Long Term Investments	4.8M	5.5M	6.1M	4.7M	5.2M	4.4M
Other Liab	224K	211K	791K	764K	687.6K	605.7K
Net Invested Capital	33.2M	60.0M	62.6M	60.8M	61.6M	53.7M

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