Atlas Lithium Stock Working Capital

ATLX Stock  USD 7.09  0.05  0.70%   
Atlas Lithium fundamentals help investors to digest information that contributes to Atlas Lithium's financial success or failures. It also enables traders to predict the movement of Atlas Stock. The fundamental analysis module provides a way to measure Atlas Lithium's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Atlas Lithium stock.
Last ReportedProjected for Next Year
Net Working Capital24 M25.2 M
Change In Working Capital21 M22.1 M
Net Working Capital is likely to rise to about 25.2 M in 2024. Change In Working Capital is likely to rise to about 22.1 M in 2024.
  
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Atlas Lithium Company Working Capital Analysis

Atlas Lithium's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Atlas Lithium Working Capital

    
  24.04 M  
Most of Atlas Lithium's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atlas Lithium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Atlas Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Atlas Lithium is extremely important. It helps to project a fair market value of Atlas Stock properly, considering its historical fundamentals such as Working Capital. Since Atlas Lithium's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Atlas Lithium's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Atlas Lithium's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Atlas Net Invested Capital

Net Invested Capital

19.59 Million

At this time, Atlas Lithium's Net Invested Capital is fairly stable compared to the past year.
In accordance with the company's disclosures, Atlas Lithium has a Working Capital of 24.04 M. This is 96.64% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all United States stocks is 98.37% higher than that of the company.

Atlas Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlas Lithium's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atlas Lithium could also be used in its relative valuation, which is a method of valuing Atlas Lithium by comparing valuation metrics of similar companies.
Atlas Lithium is currently under evaluation in working capital category among its peers.

Atlas Lithium ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Atlas Lithium's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Atlas Lithium's managers, analysts, and investors.
Environmental
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Atlas Fundamentals

About Atlas Lithium Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Atlas Lithium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlas Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlas Lithium based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Atlas Stock Analysis

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