Atour Total Assets vs Inventory Analysis
ATAT Stock | 25.35 0.47 1.82% |
Atour Lifestyle financial indicator trend analysis is way more than just evaluating Atour Lifestyle Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atour Lifestyle Holdings is a good investment. Please check the relationship between Atour Lifestyle Total Assets and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atour Lifestyle Holdings. 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 Assets vs Inventory
Total Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atour Lifestyle Holdings Total Assets account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atour Lifestyle's Total Assets and Inventory is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Atour Lifestyle Holdings, assuming nothing else is changed. The correlation between historical values of Atour Lifestyle's Total Assets and Inventory 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 Assets of Atour Lifestyle Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., Atour Lifestyle's Total Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Atour Lifestyle 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 Atour Lifestyle Holdings 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.Inventory
Most indicators from Atour Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atour Lifestyle Holdings 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 Atour Lifestyle Holdings. 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. Tax Provision is likely to gain to about 249.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 279 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 93.9M | 88.6M | 83.7M | 92.5M | Interest Income | 6.7M | 14.5M | 25.8M | 27.1M |
Atour Lifestyle fundamental ratios Correlations
Click cells to compare fundamentals
Atour Lifestyle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Atour Stock Analysis
When running Atour Lifestyle's price analysis, check to measure Atour Lifestyle'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 Atour Lifestyle is operating at the current time. Most of Atour Lifestyle's value examination focuses on studying past and present price action to predict the probability of Atour Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atour Lifestyle's price. Additionally, you may evaluate how the addition of Atour Lifestyle to your portfolios can decrease your overall portfolio volatility.