Atlas Short Term Investments vs Total Stockholder Equity Analysis

ATCOL Stock  USD 25.05  0.14  0.56%   
Atlas Corp financial indicator trend analysis is way more than just evaluating Atlas Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Corp is a good investment. Please check the relationship between Atlas Corp Short Term Investments and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.

Short Term Investments vs Total Stockholder Equity

Short Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlas Corp Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Atlas Corp's Short Term Investments and Total Stockholder Equity is -0.51. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Atlas Corp, assuming nothing else is changed. The correlation between historical values of Atlas Corp's Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Atlas Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Investments i.e., Atlas Corp's Short Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Atlas Corp balance sheet. It contains any investments Atlas Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Atlas Corp can easily liquidate in the marketplace.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Atlas Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Corp 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 Atlas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.At this time, Atlas Corp's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.22 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.06.
 2021 2022 2023 2024 (projected)
Total Revenue1.6B1.7B2.0B2.0B
Depreciation And Amortization289.2M358.7M412.5M433.1M

Atlas Corp fundamental ratios Correlations

0.990.931.00.990.181.00.750.160.950.970.90.990.770.380.980.760.290.960.140.840.880.66-0.580.74-0.41
0.990.920.991.00.140.990.690.120.950.960.910.980.750.380.970.730.190.970.150.860.860.72-0.530.71-0.38
0.930.920.920.920.060.940.710.020.950.840.860.890.610.20.950.770.390.890.090.790.990.65-0.450.87-0.57
1.00.990.920.990.191.00.720.170.940.970.890.990.780.40.970.760.260.960.150.840.870.66-0.590.72-0.4
0.991.00.920.990.080.990.70.060.960.950.920.970.720.350.970.720.170.980.160.870.860.75-0.50.72-0.39
0.180.140.060.190.080.16-0.031.0-0.060.33-0.050.280.580.740.030.290.380.06-0.17-0.040.02-0.35-0.66-0.030.25
1.00.990.941.00.990.160.750.130.960.960.90.980.740.360.980.760.290.960.120.840.890.67-0.570.75-0.42
0.750.690.710.720.7-0.030.75-0.040.750.690.610.710.390.040.770.490.220.68-0.030.520.720.61-0.290.6-0.34
0.160.120.020.170.061.00.13-0.04-0.090.31-0.080.260.560.740.00.250.350.04-0.18-0.06-0.02-0.36-0.65-0.060.31
0.950.950.950.940.96-0.060.960.75-0.090.850.930.890.550.130.990.720.170.960.030.890.910.79-0.340.84-0.49
0.970.960.840.970.950.330.960.690.310.850.830.990.860.550.90.70.30.920.160.780.770.58-0.670.6-0.27
0.90.910.860.890.92-0.050.90.61-0.080.930.830.860.620.240.910.620.130.970.080.970.780.79-0.260.69-0.42
0.990.980.890.990.970.280.980.710.260.890.990.860.830.50.930.730.320.940.150.80.830.61-0.640.66-0.33
0.770.750.610.780.720.580.740.390.560.550.860.620.830.680.650.560.30.680.360.580.520.27-0.770.29-0.22
0.380.380.20.40.350.740.360.040.740.130.550.240.50.680.20.370.290.340.120.20.11-0.04-0.61-0.040.22
0.980.970.950.970.970.030.980.770.00.990.90.910.930.650.20.780.240.950.120.850.920.71-0.480.82-0.51
0.760.730.770.760.720.290.760.490.250.720.70.620.730.560.370.780.520.670.20.560.760.27-0.680.74-0.52
0.290.190.390.260.170.380.290.220.350.170.30.130.320.30.290.240.520.150.040.030.4-0.32-0.560.38-0.34
0.960.970.890.960.980.060.960.680.040.960.920.970.940.680.340.950.670.150.060.940.810.78-0.390.7-0.34
0.140.150.090.150.16-0.170.12-0.03-0.180.030.160.080.150.360.120.120.20.040.06-0.010.080.0-0.32-0.18-0.43
0.840.860.790.840.87-0.040.840.52-0.060.890.780.970.80.580.20.850.560.030.94-0.010.70.8-0.180.67-0.31
0.880.860.990.870.860.020.890.72-0.020.910.770.780.830.520.110.920.760.40.810.080.70.61-0.420.89-0.6
0.660.720.650.660.75-0.350.670.61-0.360.790.580.790.610.27-0.040.710.27-0.320.780.00.80.610.160.49-0.21
-0.58-0.53-0.45-0.59-0.5-0.66-0.57-0.29-0.65-0.34-0.67-0.26-0.64-0.77-0.61-0.48-0.68-0.56-0.39-0.32-0.18-0.420.16-0.290.23
0.740.710.870.720.72-0.030.750.6-0.060.840.60.690.660.29-0.040.820.740.380.7-0.180.670.890.49-0.29-0.49
-0.41-0.38-0.57-0.4-0.390.25-0.42-0.340.31-0.49-0.27-0.42-0.33-0.220.22-0.51-0.52-0.34-0.34-0.43-0.31-0.6-0.210.23-0.49
Click cells to compare fundamentals

Atlas Corp Account Relationship Matchups

Atlas Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B9.3B10.6B11.3B13.0B13.6B
Short Long Term Debt Total4.5B5.3B6.3B6.5B7.5B7.9B
Total Current Liabilities769.5M854.6M1.2B1.0B1.2B1.3B
Property Plant And Equipment Net6.7B7.9B8.8B9.3B10.7B11.3B
Net Debt4.3B5.0B6.1B6.2B7.2B7.5B
Cash195M304.3M288.6M280M322M218.4M
Non Current Assets Total7.6B8.7B10.0B10.7B12.3B12.9B
Non Currrent Assets Other802.7M165.1M177.9M1.2B1.4B1.5B
Cash And Short Term Investments195M304.3M288.6M280M322M221.9M
Common Stock Shares Outstanding219.9M250.5M265.9M290.8M334.4M351.1M
Liabilities And Stockholders Equity7.9B9.3B10.6B11.3B13.0B13.6B
Non Current Liabilities Total3.9B4.8B5.9B6.1B7.1B7.4B
Other Current Assets31.7M133.2M139.7M143.6M165.1M173.4M
Total Liab4.7B5.7B7.1B7.2B8.2B8.7B
Total Current Assets280.7M584.3M547.7M593.2M682.2M716.3M
Other Current Liab24.9M42M85.3M73.8M84.9M45.4M
Total Stockholder Equity3.2B3.6B3.5B4.1B4.7B5.0B
Other Stockholder Equity3.5B3.8B3.5B3.7B4.3B2.2B
Current Deferred Revenue20.3M28.2M46.6M25.2M29.0M23.7M
Accounts Payable66.3M116.9M140.1M143.8M165.4M173.6M
Net Receivables53.9M86.6M73M119.6M137.5M72.9M
Accumulated Other Comprehensive Income(21.6M)(20.3M)(19.1M)(18.1M)(20.8M)(21.9M)
Short Term Debt658M557.1M806.6M723.4M831.9M873.5M
Retained Earnings(200.7M)(199.2M)7.5M420M483M507.2M
Common Stock2.1M2.5M2.4M2.8M2.5M2.4M
Intangible Assets94M104.8M90.1M75.7M87.1M91.4M
Other Liab192.4M12.1M16.3M48.4M43.6M41.4M
Net Tangible Assets2.3B3.1B3.1B3.3B3.8B3.0B
Other Assets534.6M802.1M546.2M995.9M1.1B807.7M
Deferred Long Term Liab54M41.3M63.8M156.4M179.9M188.9M
Property Plant Equipment5.9B6.7B7.5B8.4B9.7B7.3B

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When determining whether Atlas Corp is a strong investment it is important to analyze Atlas Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlas Corp's future performance. For an informed investment choice regarding Atlas Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Cargo Ground Transportation 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 Atlas Corp. If investors know Atlas 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 Atlas Corp 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
1.408
Earnings Share
1.736
Revenue Per Share
9.517
Quarterly Revenue Growth
0.297
Return On Assets
0.0431
The market value of Atlas Corp is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlas Corp'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 Atlas Corp's market value can be influenced by many factors that don't directly affect Atlas Corp'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 Atlas Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Corp'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.