ATI Price To Sales Ratio vs Net Income Per Share 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 Price To Sales Ratio and its Net Income Per Share 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.

Price To Sales Ratio vs Net Income Per Share

Price To Sales Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATI AirTest Technologies Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between ATI AirTest's Price To Sales Ratio and Net Income Per Share is -0.98. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share 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 Price To Sales Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of ATI AirTest Technologies are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., ATI AirTest's Price To Sales Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing ATI AirTest Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ATI AirTest sales, a figure that is much harder to manipulate than other ATI AirTest Technologies multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Net Income Per Share

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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Additional Tools for ATI Stock Analysis

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