Atour Total Current Liabilities vs Good Will 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 Current Liabilities and its Good Will 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 Current Liabilities vs Good Will
Total Current Liabilities vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atour Lifestyle Holdings Total Current Liabilities account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Atour Lifestyle's Total Current Liabilities and Good Will is -0.65. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Good Will 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 Current Liabilities and Good Will 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 Atour Lifestyle Holdings are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Liabilities i.e., Atour Lifestyle's Total Current Liabilities and Good Will go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Atour Lifestyle balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Atour Lifestyle Holdings 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.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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
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Atour Lifestyle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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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.