Atomos Other Current Liab vs Other Liab 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 Other Current Liab and its Other Liab 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.

Other Current Liab vs Other Liab

Other Current Liab vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atomos Other Current Liab account and Other Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Atomos' Other Current Liab and Other Liab is 0.22. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Liab in the same time period over historical financial statements of Atomos, assuming nothing else is changed. The correlation between historical values of Atomos' Other Current Liab and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Atomos are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Liab i.e., Atomos' Other Current Liab and Other Liab go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Other Liab

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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