Auction Retained Earnings vs Net Tangible Assets Analysis

ATG Stock   440.50  4.50  1.01%   
Auction Technology financial indicator trend analysis is way more than just evaluating Auction Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auction Technology is a good investment. Please check the relationship between Auction Technology Retained Earnings and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auction Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Auction Technology Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Auction Technology's Retained Earnings and Net Tangible Assets is -0.32. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Auction Technology Group, assuming nothing else is changed. The correlation between historical values of Auction Technology's Retained Earnings and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Auction Technology Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Auction Technology's Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Auction Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auction Technology 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 Auction Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 84.2 M, whereas Discontinued Operations is forecasted to decline to about 242.9 K.
 2021 2022 2023 2024 (projected)
Gross Profit79.7M91.7M105.5M110.8M
Total Revenue119.8M135.2M155.5M163.3M

Auction Technology fundamental ratios Correlations

0.850.940.961.00.860.57-0.010.910.350.960.370.990.950.880.880.20.020.90.880.370.81-0.820.96-0.370.76
0.850.760.810.820.570.49-0.360.640.470.750.480.830.750.740.990.33-0.30.70.980.50.78-0.640.76-0.080.67
0.940.760.930.930.880.690.130.940.150.930.170.910.930.80.770.350.250.910.780.240.7-0.640.91-0.340.63
0.960.810.930.950.860.770.040.940.10.990.120.980.990.820.850.250.120.980.870.120.9-0.690.99-0.540.71
1.00.820.930.950.870.540.040.910.360.950.380.980.950.880.850.170.050.890.860.370.78-0.840.96-0.380.76
0.860.570.880.860.870.60.180.940.070.90.090.860.90.890.630.030.180.870.650.090.63-0.660.89-0.570.82
0.570.490.690.770.540.60.150.74-0.50.74-0.480.620.760.410.520.430.370.850.56-0.430.77-0.140.71-0.650.32
-0.01-0.360.130.040.040.180.150.21-0.470.12-0.46-0.020.14-0.22-0.310.250.890.18-0.25-0.41-0.09-0.170.09-0.32-0.31
0.910.640.940.940.910.940.740.21-0.020.970.00.920.970.80.690.190.310.960.720.020.74-0.650.96-0.610.69
0.350.470.150.10.360.07-0.5-0.47-0.020.071.00.280.050.410.43-0.12-0.62-0.090.370.970.02-0.520.110.560.37
0.960.750.930.990.950.90.740.120.970.070.090.981.00.820.80.20.180.980.830.080.88-0.731.0-0.60.71
0.370.480.170.120.380.09-0.48-0.460.01.00.090.30.070.420.44-0.11-0.61-0.070.390.970.03-0.540.130.540.38
0.990.830.910.980.980.860.62-0.020.920.280.980.30.970.880.870.150.00.920.880.270.87-0.80.98-0.480.77
0.950.750.930.990.950.90.760.140.970.051.00.070.970.810.790.220.20.990.820.070.87-0.721.0-0.60.7
0.880.740.80.820.880.890.41-0.220.80.410.820.420.880.810.77-0.12-0.240.740.770.390.65-0.70.84-0.350.95
0.880.990.770.850.850.630.52-0.310.690.430.80.440.870.790.770.27-0.260.751.00.440.82-0.70.81-0.180.72
0.20.330.350.250.170.030.430.250.19-0.120.2-0.110.150.22-0.120.270.370.270.270.040.230.00.160.19-0.28
0.02-0.30.250.120.050.180.370.890.31-0.620.18-0.610.00.2-0.24-0.260.370.28-0.21-0.51-0.050.010.13-0.34-0.36
0.90.70.910.980.890.870.850.180.96-0.090.98-0.070.920.990.740.750.270.280.78-0.070.88-0.620.97-0.650.63
0.880.980.780.870.860.650.56-0.250.720.370.830.390.880.820.771.00.27-0.210.780.380.84-0.710.84-0.250.73
0.370.50.240.120.370.09-0.43-0.410.020.970.080.970.270.070.390.440.04-0.51-0.070.38-0.02-0.470.110.650.31
0.810.780.70.90.780.630.77-0.090.740.020.880.030.870.870.650.820.23-0.050.880.84-0.02-0.580.88-0.580.59
-0.82-0.64-0.64-0.69-0.84-0.66-0.14-0.17-0.65-0.52-0.73-0.54-0.8-0.72-0.7-0.70.00.01-0.62-0.71-0.47-0.58-0.750.28-0.65
0.960.760.910.990.960.890.710.090.960.111.00.130.981.00.840.810.160.130.970.840.110.88-0.75-0.590.74
-0.37-0.08-0.34-0.54-0.38-0.57-0.65-0.32-0.610.56-0.60.54-0.48-0.6-0.35-0.180.19-0.34-0.65-0.250.65-0.580.28-0.59-0.41
0.760.670.630.710.760.820.32-0.310.690.370.710.380.770.70.950.72-0.28-0.360.630.730.310.59-0.650.74-0.41
Click cells to compare fundamentals

Auction Technology Account Relationship Matchups

Auction Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets274.3M619.1M807.0M726.0M834.9M876.7M
Short Long Term Debt Total40.0M150.5M182.7M125.1M143.8M95.0M
Other Current Liab1.8M15.0M14.6M21.2M24.4M25.6M
Total Current Liabilities9.7M19.5M51.0M43.0M49.4M51.9M
Total Stockholder Equity211.8M439.5M539.3M530.0M609.5M639.9M
Property Plant And Equipment Net2.4M1.8M2.2M4.0M4.6M4.8M
Net Debt(24.8M)(20.8M)133.3M119.0M136.8M143.7M
Retained Earnings(16.4M)(35.6M)(36.4M)(4.4M)(3.9M)(4.1M)
Accounts Payable1.1M931K2.4M3.7M4.3M4.5M
Cash64.7M171.3M49.4M6.1M7.0M6.7M
Non Current Assets Total200.9M211.5M737.8M699.5M804.4M844.7M
Cash And Short Term Investments64.7M171.3M49.4M8.5M9.8M9.3M
Net Receivables7.7M10.1M17.4M14.1M16.2M17.0M
Good Will123.6M141.2M489.0M474.3M545.5M572.7M
Liabilities And Stockholders Equity274.3M619.1M807.0M726.0M834.9M876.7M
Non Current Liabilities Total52.9M160.1M216.6M153.1M176.1M103.8M
Other Current Assets708.0K953K(1.0)3.9M3.5M3.7M
Other Stockholder Equity1.1M(2.5M)235.9M236.2M271.7M285.2M
Total Liab62.6M179.6M267.6M196.1M225.5M121.9M
Total Current Assets73.4M407.6M69.2M26.5M30.5M29.0M
Short Term Debt1.9M1.0M31.7M13.5M15.5M16.3M
Common Stock34K37K11K12K10.8K18.9K
Accumulated Other Comprehensive Income961K475.2M339.8M298.1M342.8M359.9M
Intangible Assets74.8M68.1M246.5M221.1M254.3M267.0M
Net Tangible Assets(75.1M)(213.8M)230.2M(196.1M)(225.5M)(214.3M)
Property Plant Equipment1.4M2.4M1.8M2.2M2.6M1.8M
Other Liab1.6M13.7M10.7M65.7M75.5M79.3M
Non Currrent Assets Other(200.9M)85K(737.7M)(699.4M)(629.5M)(598.0M)
Other Assets488K88K451K90K81K77.0K
Long Term Debt38.0M148.7M149.9M109.0M125.3M107.6M
Capital Lease Obligations2.0M1.4M1.8M3.3M3.7M2.3M
Net Invested Capital38.0M588.5M720.2M651.8M749.6M380.1M
Property Plant And Equipment Gross2.4M1.8M2.2M4.0M4.6M2.5M
Short Long Term Debt1.2M353K31.0M12.9M14.8M8.7M
Net Working Capital63.7M388.1M18.2M(16.4M)(18.9M)(18.0M)

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Other Information on Investing in Auction Stock

Balance Sheet is a snapshot of the financial position of Auction Technology at a specified time, usually calculated after every quarter, six months, or one year. Auction Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Auction Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Auction currently owns. An asset can also be divided into two categories, current and non-current.