ATI Free Cash Flow Per Share vs Days Sales Outstanding Analysis

AAT Stock  CAD 0.01  0.00  0.00%   
ATI AirTest financial indicator trend analysis is way more than just evaluating ATI AirTest Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATI AirTest Technologies is a good investment. Please check the relationship between ATI AirTest Free Cash Flow Per Share and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATI AirTest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Per Share vs Days Sales Outstanding

Free Cash Flow Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATI AirTest Technologies Free Cash Flow Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ATI AirTest's Free Cash Flow Per Share and Days Sales Outstanding is -0.62. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of ATI AirTest Technologies, assuming nothing else is changed. The correlation between historical values of ATI AirTest's Free Cash Flow Per Share and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of ATI AirTest Technologies are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Free Cash Flow Per Share i.e., ATI AirTest's Free Cash Flow Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Days Sales Outstanding

Most indicators from ATI AirTest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATI AirTest Technologies 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 ATI AirTest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 6.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.1M2.4M2.1M2.2M
Depreciation And Amortization34.6K33.7K30.3K22.0K

ATI AirTest fundamental ratios Correlations

-0.17-0.28-0.010.30.240.11-0.18-0.060.220.130.450.390.28-0.06-0.68-0.35-0.130.920.18-0.26-0.070.83-0.07-0.05-0.14
-0.17-0.060.15-0.41-0.090.380.98-0.50.07-0.11-0.56-0.57-0.240.27-0.120.680.870.110.02-0.170.40.15-0.43-0.83-0.14
-0.28-0.060.56-0.610.360.43-0.1-0.270.080.2-0.03-0.130.26-0.490.13-0.120.22-0.220.06-0.370.54-0.29-0.45-0.22-0.59
-0.010.150.56-0.870.680.80.16-0.750.73-0.11-0.25-0.44-0.13-0.18-0.1-0.080.360.170.42-0.570.950.15-0.52-0.39-0.89
0.3-0.41-0.61-0.87-0.54-0.84-0.430.8-0.460.190.450.620.290.240.04-0.11-0.610.06-0.350.55-0.920.060.620.60.85
0.24-0.090.360.68-0.540.60.01-0.370.34-0.470.330.08-0.24-0.57-0.04-0.630.280.210.67-0.610.660.07-0.63-0.3-0.75
0.110.380.430.8-0.840.60.42-0.770.54-0.26-0.24-0.43-0.32-0.28-0.390.030.590.320.4-0.810.850.26-0.69-0.69-0.88
-0.180.98-0.10.16-0.430.010.42-0.50.09-0.31-0.52-0.55-0.390.2-0.10.60.880.080.18-0.220.410.12-0.47-0.83-0.16
-0.06-0.5-0.27-0.750.8-0.37-0.77-0.5-0.710.130.650.80.13-0.150.34-0.28-0.55-0.4-0.40.38-0.79-0.470.460.630.68
0.220.070.080.73-0.460.340.540.09-0.71-0.12-0.4-0.52-0.10.3-0.210.170.110.430.45-0.290.640.5-0.2-0.19-0.48
0.13-0.110.2-0.110.19-0.47-0.26-0.310.13-0.12-0.050.060.790.28-0.150.22-0.250.12-0.80.24-0.170.170.290.180.1
0.45-0.56-0.03-0.250.450.33-0.24-0.520.65-0.4-0.050.970.03-0.620.05-0.72-0.340.090.09-0.22-0.31-0.11-0.050.340.03
0.39-0.57-0.13-0.440.620.08-0.43-0.550.8-0.520.060.970.1-0.50.11-0.59-0.430.01-0.08-0.06-0.5-0.170.120.450.24
0.28-0.240.26-0.130.29-0.24-0.32-0.390.13-0.10.790.030.10.29-0.18-0.03-0.350.23-0.560.3-0.220.290.330.240.17
-0.060.27-0.49-0.180.24-0.57-0.280.2-0.150.30.28-0.62-0.50.29-0.050.63-0.130.1-0.390.47-0.20.320.520.090.47
-0.68-0.120.13-0.10.04-0.04-0.39-0.10.34-0.21-0.150.050.11-0.18-0.050.09-0.05-0.77-0.020.27-0.06-0.780.070.280.24
-0.350.68-0.12-0.08-0.11-0.630.030.6-0.280.170.22-0.72-0.59-0.030.630.090.4-0.09-0.320.140.070.060.05-0.350.22
-0.130.870.220.36-0.610.280.590.88-0.550.11-0.25-0.34-0.43-0.35-0.13-0.050.40.10.27-0.490.620.06-0.81-0.96-0.45
0.920.11-0.220.170.060.210.320.08-0.40.430.120.090.010.230.1-0.77-0.090.10.22-0.280.150.97-0.19-0.3-0.26
0.180.020.060.42-0.350.670.40.18-0.40.45-0.80.09-0.08-0.56-0.39-0.02-0.320.270.22-0.370.440.15-0.47-0.24-0.4
-0.26-0.17-0.37-0.570.55-0.61-0.81-0.220.38-0.290.24-0.22-0.060.30.470.270.14-0.49-0.28-0.37-0.63-0.150.750.580.78
-0.070.40.540.95-0.920.660.850.41-0.790.64-0.17-0.31-0.5-0.22-0.2-0.060.070.620.150.44-0.630.12-0.7-0.63-0.88
0.830.15-0.290.150.060.070.260.12-0.470.50.17-0.11-0.170.290.32-0.780.060.060.970.15-0.150.12-0.05-0.26-0.17
-0.07-0.43-0.45-0.520.62-0.63-0.69-0.470.46-0.20.29-0.050.120.330.520.070.05-0.81-0.19-0.470.75-0.7-0.050.820.69
-0.05-0.83-0.22-0.390.6-0.3-0.69-0.830.63-0.190.180.340.450.240.090.28-0.35-0.96-0.3-0.240.58-0.63-0.260.820.51
-0.14-0.14-0.59-0.890.85-0.75-0.88-0.160.68-0.480.10.030.240.170.470.240.22-0.45-0.26-0.40.78-0.88-0.170.690.51
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ATI AirTest Account Relationship Matchups

ATI AirTest fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets629.8K615.0K1.1M1.7M1.9M2.0M
Short Long Term Debt Total1.8M1.7M1.9M1.8M2.1M1.8M
Other Current Liab4.8K2.5M908.2K155.0K178.2K169.3K
Total Current Liabilities4.7M7.2M5.6M5.0M5.8M3.8M
Total Stockholder Equity(5.3M)(7.8M)(5.8M)(4.4M)(4.0M)(4.2M)
Property Plant And Equipment Net199.0K186.9K152.3K118.7K106.8K54.8K
Current Deferred Revenue2.7M2.9M2.4M2.2M2.6M2.7M
Net Debt2.0M1.6M2.0M1.8M2.1M1.8M
Retained Earnings(15.7M)(18.6M)(19.9M)(20.3M)(18.3M)(19.2M)
Accounts Payable1.4M1.4M1.8M1.9M2.2M1.3M
Cash(218.5K)76.0K(162.9K)16.3K14.7K15.4K
Non Current Assets Total199.0K186.9K152.3K118.7K106.8K95.4K
Net Receivables281.6K164.4K181.0K453.5K521.5K328.9K
Common Stock Shares Outstanding9.9M11.0M19.3M24.2M27.8M16.3M
Liabilities And Stockholders Equity629.8K615.0K1.1M1.7M1.9M2.0M
Non Current Liabilities Total1.2M1.2M1.3M1.1M1.2M808.9K
Inventory141.2K158.4K543.6K985.6K1.1M1.2M
Other Current Assets226.6K29.3K397.5K94.8K109.1K64.2K
Other Stockholder Equity(806.8K)(942.7K)275K90K81K77.0K
Total Liab5.9M8.4M6.9M6.1M7.0M4.3M
Total Current Assets430.8K428.1K959.3K1.6M1.8M1.9M
Short Term Debt625.6K525.3K547.6K730.3K657.3K937.3K
Accumulated Other Comprehensive Income508.4K690.6K1.4M1.7M1.9M2.0M
Net Tangible Assets(5.3M)(5.3M)(7.8M)(5.8M)(5.2M)(5.5M)
Short Long Term Debt587.6K506.0K516.0K696.8K627.1K837.5K
Common Stock9.9M10.1M12.4M14.1M16.2M11.4M
Property Plant Equipment2.7K199.0K186.9K152.3K175.2K184.0K
Net Invested Capital(3.7M)(6.3M)(4.1M)(2.7M)(2.5M)(2.6M)
Net Working Capital(4.3M)(6.8M)(4.7M)(3.5M)(3.1M)(3.3M)
Capital Stock9.9M10.1M12.4M14.1M16.2M12.4M

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