Atomos Common Stock vs Total Assets Analysis

AMS Stock   0.01  0  11.76%   
Atomos financial indicator trend analysis is way more than just evaluating Atomos prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atomos is a good investment. Please check the relationship between Atomos Common Stock and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atomos. 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.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atomos Common Stock account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Atomos' Common Stock and Total Assets is 0.54. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Atomos, assuming nothing else is changed. The correlation between historical values of Atomos' Common Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Atomos are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Atomos' Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Total Assets

Total assets refers to the total amount of Atomos assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Atomos books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Atomos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atomos 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 Atomos. 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.
Tax Provision is likely to gain to about 413.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 13.1 M in 2024.
 2021 2023 2024 (projected)
Reconciled Depreciation3.9M1.6M2.2M
Interest Income1K1.8K1.7K

Atomos fundamental ratios Correlations

0.570.750.95-0.090.350.460.690.760.060.870.750.040.730.930.550.540.51-0.21-0.380.660.71-0.140.830.690.96
0.570.760.31-0.250.220.36-0.080.580.650.690.61-0.550.880.550.560.380.510.05-0.040.270.580.640.58-0.090.51
0.750.760.53-0.450.160.510.210.890.530.870.93-0.490.950.860.690.650.580.17-0.390.610.620.410.930.190.68
0.950.310.530.030.350.350.850.6-0.190.740.590.320.480.840.390.460.42-0.37-0.440.640.64-0.410.680.850.95
-0.09-0.25-0.450.030.33-0.49-0.11-0.08-0.78-0.52-0.610.04-0.36-0.37-0.76-0.85-0.82-0.530.6-0.71-0.62-0.27-0.51-0.09-0.21
0.350.220.160.350.330.070.210.23-0.30.120.190.030.170.24-0.14-0.1-0.18-0.47-0.17-0.02-0.02-0.090.180.20.32
0.460.360.510.35-0.490.070.240.290.450.580.580.110.530.470.750.650.630.33-0.260.720.630.110.570.230.49
0.69-0.080.210.85-0.110.210.240.24-0.280.530.40.640.120.650.340.490.41-0.23-0.510.680.56-0.750.491.00.77
0.760.580.890.6-0.080.230.290.240.180.710.74-0.460.830.820.360.320.270.08-0.20.40.350.210.830.230.63
0.060.650.53-0.19-0.78-0.30.45-0.280.180.460.47-0.460.60.240.710.580.710.62-0.140.380.530.680.39-0.30.1
0.870.690.870.74-0.520.120.580.530.710.460.93-0.060.830.950.770.80.80.02-0.570.830.890.130.940.520.88
0.750.610.930.59-0.610.190.580.40.740.470.93-0.210.820.90.750.820.70.09-0.650.80.730.240.970.380.74
0.04-0.55-0.490.320.040.030.110.64-0.46-0.46-0.06-0.21-0.54-0.02-0.10.110.14-0.32-0.350.310.22-0.78-0.180.640.23
0.730.880.950.48-0.360.170.530.120.830.60.830.82-0.540.780.70.540.560.24-0.160.50.610.460.840.110.63
0.930.550.860.84-0.370.240.470.650.820.240.950.9-0.020.780.630.70.66-0.02-0.580.790.76-0.060.960.640.92
0.550.560.690.39-0.76-0.140.750.340.360.710.770.75-0.10.70.630.910.860.4-0.390.820.820.20.710.330.59
0.540.380.650.46-0.85-0.10.650.490.320.580.80.820.110.540.70.910.90.23-0.730.930.850.070.750.470.65
0.510.510.580.42-0.82-0.180.630.410.270.710.80.70.140.560.660.860.90.3-0.610.860.950.140.670.40.65
-0.210.050.17-0.37-0.53-0.470.33-0.230.080.620.020.09-0.320.24-0.020.40.230.30.220.20.040.180.15-0.24-0.26
-0.38-0.04-0.39-0.440.6-0.17-0.26-0.51-0.2-0.14-0.57-0.65-0.35-0.16-0.58-0.39-0.73-0.610.22-0.72-0.590.1-0.56-0.49-0.56
0.660.270.610.64-0.71-0.020.720.680.40.380.830.80.310.50.790.820.930.860.2-0.720.86-0.180.80.670.76
0.710.580.620.64-0.62-0.020.630.560.350.530.890.730.220.610.760.820.850.950.04-0.590.860.050.710.550.83
-0.140.640.41-0.41-0.27-0.090.11-0.750.210.680.130.24-0.780.46-0.060.20.070.140.180.1-0.180.050.11-0.76-0.19
0.830.580.930.68-0.510.180.570.490.830.390.940.97-0.180.840.960.710.750.670.15-0.560.80.710.110.480.79
0.69-0.090.190.85-0.090.20.231.00.23-0.30.520.380.640.110.640.330.470.4-0.24-0.490.670.55-0.760.480.76
0.960.510.680.95-0.210.320.490.770.630.10.880.740.230.630.920.590.650.65-0.26-0.560.760.83-0.190.790.76
Click cells to compare fundamentals

Atomos Account Relationship Matchups

Atomos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.6M91.2M108.8M37.2M25.0M23.7M
Short Long Term Debt Total9.5M3.2M18.3M9.5M5.2M7.8M
Total Current Liabilities12.7M22.8M46.6M20.8M18.4M19.7M
Total Stockholder Equity57.4M63.7M54.2M9.8M2.4M2.2M
Retained Earnings(45.1M)(41.1M)(47.2M)(112.6M)(134.9M)(128.2M)
Other Assets4.7M5.3M9.7M1.00.90.86
Cash And Short Term Investments18.8M26.0M5.0M2.9M2.9M2.8M
Net Receivables4.7M12.8M20.7M5.2M5.0M8.7M
Inventory16.8M16.7M24.0M15.4M8.7M12.7M
Other Current Assets2.6M5.2M8.7M5.3M3.3M3.8M
Other Stockholder Equity5.4M3.1M(4.3M)1.00.90.86
Total Liab22.2M27.5M54.5M27.4M22.6M26.2M
Total Current Assets42.9M60.6M71.9M28.7M19.9M36.1M
Intangible Assets8.5M25.1M25.2M28.9M33.3M18.9M
Common Stock101.5M101.7M102.5M119.3M134.0M81.6M
Property Plant Equipment1.7M11.6M5.4M7.9M9.1M9.5M
Other Current Liab1.1M4.3M2.6M3.1M6.3M6.7M
Other Liab42K1.2M2.1M1.9M1.7M1.4M
Net Tangible Assets23.2M37.0M43.9M29.6M34.1M27.1M
Property Plant And Equipment Net11.6M5.4M7.9M6.6M5.0M5.4M
Net Debt(9.2M)(22.8M)13.3M6.6M2.3M2.4M
Accounts Payable9.9M17.9M22.2M12.5M9.6M12.9M
Cash18.8M26.0M5.0M2.9M2.9M2.8M
Non Current Assets Total36.7M30.6M36.9M8.4M5.0M4.8M
Common Stock Shares Outstanding320.5M367.0M350.9M515.3M1.2B1.3B
Liabilities And Stockholders Equity79.6M91.2M108.8M37.2M25.0M23.7M
Non Current Liabilities Total9.5M4.7M7.9M6.6M4.2M5.6M
Deferred Long Term Liab8.5M4.7M5.3M9.7M8.7M6.6M
Accumulated Other Comprehensive Income994K3.1M3.3M3.0M3.2M2.2M
Short Term Debt1.2M579K13.0M4.4M1.1M999.4K
Net Invested Capital57.5M63.7M70.3M13.1M2.5M2.4M
Property Plant And Equipment Gross11.6M5.4M7.9M15.6M15.2M9.2M
Short Long Term Debt1.5M139K2.8M3.4M136K129.2K
Net Working Capital30.1M36.9M38.2M7.9M1.5M1.4M
Capital Stock101.5M101.7M102.5M119.3M134.0M110.6M

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Additional Tools for Atomos Stock Analysis

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