ATAI Total Current Liabilities vs Selling General Administrative Analysis

ATAI Stock  USD 1.61  0.09  5.92%   
ATAI Life financial indicator trend analysis is way more than just evaluating ATAI Life Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATAI Life Sciences is a good investment. Please check the relationship between ATAI Life Total Current Liabilities and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATAI Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATAI Life Sciences Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ATAI Life's Total Current Liabilities and Selling General Administrative is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of ATAI Life Sciences, assuming nothing else is changed. The correlation between historical values of ATAI Life's Total Current Liabilities and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of ATAI Life Sciences are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., ATAI Life's Total Current Liabilities and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on ATAI Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ATAI Life Sciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Selling General Administrative

Most indicators from ATAI Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATAI Life Sciences 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 ATAI Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of now, ATAI Life's Tax Provision is increasing as compared to previous years. The ATAI Life's current Selling General Administrative is estimated to increase to about 68.8 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization47K168K319K335.0K
Interest Income205K548K1.4M1.4M

ATAI Life fundamental ratios Correlations

0.660.820.96-0.110.930.990.62-0.75-0.90.920.80.550.910.660.97-0.820.940.970.83-0.780.760.970.860.490.47
0.660.870.760.650.40.650.97-0.04-0.910.580.110.820.681.00.56-0.570.780.760.23-0.250.90.80.270.880.79
0.820.870.930.410.60.810.78-0.39-0.960.760.460.570.910.880.76-0.780.930.870.52-0.530.760.930.560.860.51
0.960.760.930.080.850.950.7-0.64-0.960.930.70.580.980.760.92-0.90.970.940.71-0.670.790.980.740.630.49
-0.110.650.410.08-0.42-0.120.580.62-0.32-0.19-0.570.370.050.65-0.190.070.130.06-0.430.320.320.13-0.40.760.41
0.930.40.60.85-0.420.920.41-0.86-0.720.940.880.440.830.40.94-0.830.780.830.83-0.730.630.810.850.150.35
0.990.650.810.95-0.120.920.63-0.73-0.890.930.780.570.890.660.95-0.810.950.980.81-0.750.770.960.830.50.5
0.620.970.780.70.580.410.630.04-0.860.60.030.930.610.960.49-0.580.730.710.12-0.110.960.740.170.770.92
-0.75-0.04-0.39-0.640.62-0.86-0.730.040.43-0.7-1.00.07-0.68-0.05-0.850.6-0.57-0.63-0.950.9-0.17-0.6-0.950.040.17
-0.9-0.91-0.96-0.96-0.32-0.72-0.89-0.860.43-0.84-0.5-0.72-0.91-0.91-0.840.8-0.95-0.93-0.560.55-0.89-0.97-0.6-0.77-0.66
0.920.580.760.93-0.190.940.930.6-0.7-0.840.730.60.90.580.88-0.950.890.860.67-0.570.770.890.70.350.51
0.80.110.460.7-0.570.880.780.03-1.0-0.50.73-0.010.730.120.88-0.630.620.680.96-0.910.240.660.960.03-0.11
0.550.820.570.580.370.440.570.930.07-0.720.6-0.010.460.810.4-0.540.620.610.020.040.960.620.060.510.99
0.910.680.910.980.050.830.890.61-0.68-0.910.90.730.460.690.92-0.920.910.870.72-0.680.690.930.750.570.37
0.661.00.880.760.650.40.660.96-0.05-0.910.580.120.810.690.56-0.570.780.760.24-0.260.890.810.280.880.78
0.970.560.760.92-0.190.940.950.49-0.85-0.840.880.880.40.920.56-0.790.860.920.9-0.860.630.910.920.40.31
-0.82-0.57-0.78-0.90.07-0.83-0.81-0.580.60.8-0.95-0.63-0.54-0.92-0.57-0.79-0.82-0.74-0.530.44-0.7-0.82-0.57-0.38-0.45
0.940.780.930.970.130.780.950.73-0.57-0.950.890.620.620.910.780.86-0.820.970.66-0.630.810.990.70.70.55
0.970.760.870.940.060.830.980.71-0.63-0.930.860.680.610.870.760.92-0.740.970.76-0.740.80.980.790.640.54
0.830.230.520.71-0.430.830.810.12-0.95-0.560.670.960.020.720.240.9-0.530.660.76-0.980.280.721.00.18-0.06
-0.78-0.25-0.53-0.670.32-0.73-0.75-0.110.90.55-0.57-0.910.04-0.68-0.26-0.860.44-0.63-0.74-0.98-0.23-0.69-0.98-0.260.12
0.760.90.760.790.320.630.770.96-0.17-0.890.770.240.960.690.890.63-0.70.810.80.28-0.230.820.330.620.92
0.970.80.930.980.130.810.960.74-0.6-0.970.890.660.620.930.810.91-0.820.990.980.72-0.690.820.750.690.54
0.860.270.560.74-0.40.850.830.17-0.95-0.60.70.960.060.750.280.92-0.570.70.791.0-0.980.330.750.22-0.02
0.490.880.860.630.760.150.50.770.04-0.770.350.030.510.570.880.4-0.380.70.640.18-0.260.620.690.220.49
0.470.790.510.490.410.350.50.920.17-0.660.51-0.110.990.370.780.31-0.450.550.54-0.060.120.920.54-0.020.49
Click cells to compare fundamentals

ATAI Life Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether ATAI Life Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATAI Life's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atai Life Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atai Life Sciences Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATAI Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Biotechnology 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 ATAI Life. If investors know ATAI 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 ATAI Life 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
(0.97)
Earnings Share
(0.80)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.54)
Return On Assets
(0.25)
The market value of ATAI Life Sciences is measured differently than its book value, which is the value of ATAI that is recorded on the company's balance sheet. Investors also form their own opinion of ATAI Life's value that differs from its market value or its book value, called intrinsic value, which is ATAI Life'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 ATAI Life's market value can be influenced by many factors that don't directly affect ATAI Life'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 ATAI Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAI Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAI Life'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.