ATA Treasury Stock vs Property Plant Equipment Analysis
AACG Stock | USD 1.02 0.01 0.99% |
ATA Creativity financial indicator trend analysis is way more than just evaluating ATA Creativity Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATA Creativity Global is a good investment. Please check the relationship between ATA Creativity Treasury Stock and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATA Creativity Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Treasury Stock vs Property Plant Equipment
Treasury Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATA Creativity Global Treasury Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between ATA Creativity's Treasury Stock and Property Plant Equipment is -0.87. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of ATA Creativity Global, assuming nothing else is changed. The correlation between historical values of ATA Creativity's Treasury Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of ATA Creativity Global are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Treasury Stock i.e., ATA Creativity's Treasury Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Treasury Stock
Property Plant Equipment
Most indicators from ATA Creativity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATA Creativity Global 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 ATA Creativity Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. The current Selling General Administrative is estimated to decrease to about 66.3 M. The current Discontinued Operations is estimated to decrease to about 5.3 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1B | 2.8M | 978.5M | 662.1M | Depreciation And Amortization | 23.0M | 22.6M | 22.0M | 14.1M |
ATA Creativity fundamental ratios Correlations
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ATA Creativity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATA Creativity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 667.7M | 575.6M | 507.2M | 474.5M | 448.9M | 450.3M | |
Other Current Liab | 18.3M | 251.0M | 250.6M | 275.6M | 301.3M | 286.2M | |
Total Current Liabilities | 264.8M | 274.9M | 268.0M | 292.5M | 314.4M | 330.1M | |
Total Stockholder Equity | 300.2M | 198.4M | 187.8M | 143.1M | 113.0M | 107.4M | |
Net Debt | (128.7M) | (64.9M) | (30.6M) | (18.5M) | (37.6M) | (39.4M) | |
Retained Earnings | (200.1M) | (298.5M) | (310.2M) | (358.0M) | (391.7M) | (372.1M) | |
Accounts Payable | 49.0M | 28.5M | 24.8M | 21.0M | 18.9M | 19.8M | |
Cash | 154.2M | 112.7M | 71.3M | 55.0M | 60.2M | 57.2M | |
Non Current Assets Total | 484.1M | 454.7M | 431.8M | 409.2M | 378.5M | 191.6M | |
Non Currrent Assets Other | 16.4M | 23.0M | 26.7M | 28.4M | 31.7M | 18.1M | |
Cash And Short Term Investments | 154.2M | 112.7M | 71.3M | 55.0M | 60.2M | 57.2M | |
Net Receivables | 12.9M | 2.2M | 938.2K | 5.9M | 2.2M | 2.1M | |
Common Stock Shares Outstanding | 25.5M | 31.3M | 31.4M | 31.5M | 31.4M | 24.0M | |
Liabilities And Stockholders Equity | 667.7M | 575.6M | 507.2M | 474.5M | 448.9M | 449.0M | |
Non Current Liabilities Total | 52.2M | 53.0M | 48.3M | 38.4M | 21.6M | 20.5M | |
Other Current Assets | 16.5M | 6.0M | 3.1M | 4.4M | 8.0M | 7.6M | |
Other Stockholder Equity | 533.1M | 529.6M | 530.8M | 533.4M | 537.0M | 425.7M | |
Total Liab | 317.0M | 327.9M | 316.3M | 331.0M | 336.0M | 352.8M | |
Total Current Assets | 183.6M | 120.9M | 75.4M | 65.3M | 70.4M | 66.9M | |
Other Assets | 799.7K | 27.9M | 25.4M | 26.7M | 30.7M | 22.1M | |
Short Long Term Debt Total | 25.5M | 47.8M | 40.7M | 36.4M | 22.6M | 25.9M | |
Property Plant And Equipment Net | 82.9M | 79.9M | 78.9M | 70.4M | 53.6M | 53.1M | |
Current Deferred Revenue | 171.9M | 199.4M | 202.5M | 219.7M | 252.1M | 199.0M | |
Good Will | 0.0 | 200.5M | 194.8M | 196.3M | 225.7M | 237.0M | |
Common Stock Total Equity | 3.5M | 3.5M | 4.7M | 4.7M | 5.4M | 3.8M | |
Property Plant And Equipment Gross | 82.9M | 79.9M | 78.9M | 70.4M | 89.5M | 55.2M | |
Accumulated Other Comprehensive Income | (37.5M) | (37.4M) | (37.6M) | (37.0M) | (37.0M) | (38.9M) | |
Short Term Debt | 25.5M | 23.8M | 17.4M | 16.9M | 13.1M | 12.5M | |
Intangible Assets | 135.6M | 110.6M | 93.4M | 76.1M | 58.9M | 42.6M | |
Net Tangible Assets | 258.7M | (35.9M) | (106.9M) | (100.3M) | (90.3M) | (85.8M) | |
Capital Lease Obligations | 20.6M | 41.0M | 40.7M | 36.4M | 22.6M | 17.7M | |
Long Term Investments | 66.4M | 45.7M | 44M | 38M | 43.7M | 39.5M | |
Property Plant Equipment | 37.4M | 82.9M | 79.9M | 78.9M | 90.8M | 60.6M | |
Net Invested Capital | 305.1M | 205.2M | 187.8M | 143.1M | 113.0M | 164.0M |
Currently Active Assets on Macroaxis
When determining whether ATA Creativity Global is a strong investment it is important to analyze ATA Creativity'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 ATA Creativity's future performance. For an informed investment choice regarding ATA Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATA Creativity Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Diversified Consumer Services 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 ATA Creativity. If investors know ATA 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 ATA Creativity 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 3.119 | Earnings Share (0.18) | Revenue Per Share 7.962 | Quarterly Revenue Growth 0.131 | Return On Assets (0.07) |
The market value of ATA Creativity Global is measured differently than its book value, which is the value of ATA that is recorded on the company's balance sheet. Investors also form their own opinion of ATA Creativity's value that differs from its market value or its book value, called intrinsic value, which is ATA Creativity'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 ATA Creativity's market value can be influenced by many factors that don't directly affect ATA Creativity'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 ATA Creativity's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATA Creativity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATA Creativity'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.