Allegheny Net Debt vs Other Stockholder Equity Analysis

ATI Stock

USD 58.16 0.14 0.24%

Allegheny Technologies financial indicator trend analysis is way more than just evaluating Allegheny Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allegheny Technologies is a good investment. Please check the relationship between Allegheny Technologies Net Debt and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegheny Technologies Net Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Allegheny Technologies' Net Debt and Other Stockholder Equity is 0.52. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Allegheny Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Allegheny Technologies' Net Debt and Other 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 Net Debt of Allegheny Technologies Incorporated are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Debt i.e., Allegheny Technologies' Net Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Stockholder Equity

Most indicators from Allegheny Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allegheny Technologies 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 Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

As of now, Allegheny Technologies' Tax Provision is increasing as compared to previous years. The Allegheny Technologies' current Enterprise Value is estimated to increase to about 2.4 B, while Selling General Administrative is projected to decrease to under 182.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	333.2M	714.2M	802.6M	460.2M
Total Revenue	2.8B	3.8B	7.5B	4.1B

Gross Profit Total Revenue

Allegheny Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt
Total Assets		0.48	-0.14	0.64	0.9	0.93	0.46	0.81	0.65	0.19	0.93	-0.53	0.19	0.26	0.89	-0.7	0.01	0.73	0.9	0.24	0.19	0.83	0.58	0.68	-0.71	0.23
Short Long Term Debt Total	0.48		-0.44	0.61	0.11	0.37	0.74	0.01	0.43	0.63	0.26	-0.54	0.63	0.14	0.16	-0.54	0.48	0.74	0.57	-0.34	0.69	0.82	0.4	0.71	-0.45	0.29
Other Current Liab	-0.14	-0.44		-0.57	-0.03	-0.03	0.15	0.09	-0.08	-0.82	0.04	0.24	-0.82	0.15	0.13	0.08	-0.24	-0.08	0.01	0.39	-0.32	-0.25	-0.04	-0.44	0.07	-0.8
Total Current Liabilities	0.64	0.61	-0.57		0.54	0.37	0.15	0.32	0.74	0.73	0.35	-0.5	0.73	0.52	0.31	-0.38	0.32	0.31	0.62	0.22	0.24	0.57	0.37	0.91	-0.33	0.58
Total Stockholder Equity	0.9	0.11	-0.03	0.54		0.84	0.15	0.89	0.58	0.0	0.9	-0.27	0.0	0.34	0.9	-0.53	-0.2	0.4	0.73	0.45	-0.16	0.51	0.54	0.5	-0.55	0.22
Property Plant And Equipment Net	0.93	0.37	-0.03	0.37	0.84		0.53	0.82	0.46	-0.07	0.98	-0.5	-0.07	0.0	0.92	-0.65	-0.12	0.77	0.77	0.15	0.18	0.77	0.54	0.4	-0.69	0.11
Net Debt	0.46	0.74	0.15	0.15	0.15	0.53		0.16	0.29	-0.05	0.44	-0.44	-0.05	0.05	0.37	-0.52	0.22	0.78	0.56	-0.24	0.52	0.72	0.41	0.27	-0.46	-0.18
Retained Earnings	0.81	0.01	0.09	0.32	0.89	0.82	0.16		0.36	-0.17	0.89	-0.21	-0.17	0.13	0.93	-0.3	-0.37	0.43	0.63	0.41	-0.2	0.47	0.18	0.29	-0.37	0.17
Accounts Payable	0.65	0.43	-0.08	0.74	0.58	0.46	0.29	0.36		0.3	0.43	-0.41	0.3	0.75	0.37	-0.36	0.56	0.36	0.78	0.33	0.41	0.54	0.42	0.8	-0.31	-0.08
Cash	0.19	0.63	-0.82	0.73	0.0	-0.07	-0.05	-0.17	0.3		-0.12	-0.29	1.0	0.14	-0.18	-0.21	0.47	0.2	0.21	-0.23	0.44	0.39	0.12	0.74	-0.14	0.63
Non Current Assets Total	0.93	0.26	0.04	0.35	0.9	0.98	0.44	0.89	0.43	-0.12		-0.42	-0.12	0.05	0.97	-0.63	-0.22	0.69	0.75	0.25	0.02	0.7	0.53	0.37	-0.67	0.12
Non Currrent Assets Other	-0.53	-0.54	0.24	-0.5	-0.27	-0.5	-0.44	-0.21	-0.41	-0.29	-0.42		-0.29	0.05	-0.35	0.55	-0.15	-0.65	-0.61	0.03	-0.44	-0.71	-0.25	-0.5	0.6	-0.22
Cash And Short Term Investments	0.19	0.63	-0.82	0.73	0.0	-0.07	-0.05	-0.17	0.3	1.0	-0.12	-0.29		0.14	-0.18	-0.21	0.47	0.2	0.21	-0.23	0.44	0.39	0.12	0.74	-0.14	0.63
Net Receivables	0.26	0.14	0.15	0.52	0.34	0.0	0.05	0.13	0.75	0.14	0.05	0.05	0.14		0.11	-0.06	0.39	-0.12	0.41	0.47	0.04	0.06	0.22	0.55	0.02	-0.14
Good Will	0.89	0.16	0.13	0.31	0.9	0.92	0.37	0.93	0.37	-0.18	0.97	-0.35	-0.18	0.11		-0.59	-0.34	0.61	0.72	0.34	-0.12	0.62	0.44	0.33	-0.65	0.13
Common Stock Total Equity	-0.7	-0.54	0.08	-0.38	-0.53	-0.65	-0.52	-0.3	-0.36	-0.21	-0.63	0.55	-0.21	-0.06	-0.59		-0.08	-0.71	-0.7	0.07	-0.21	-0.73	-0.8	-0.53	0.98	-0.11
Common Stock Shares Outstanding	0.01	0.48	-0.24	0.32	-0.2	-0.12	0.22	-0.37	0.56	0.47	-0.22	-0.15	0.47	0.39	-0.34	-0.08		0.21	0.23	-0.29	0.77	0.28	0.14	0.48	0.0	-0.26
Non Current Liabilities Total	0.73	0.74	-0.08	0.31	0.4	0.77	0.78	0.43	0.36	0.2	0.69	-0.65	0.2	-0.12	0.61	-0.71	0.21		0.75	-0.2	0.6	0.96	0.41	0.5	-0.71	0.0
Inventory	0.9	0.57	0.01	0.62	0.73	0.77	0.56	0.63	0.78	0.21	0.75	-0.61	0.21	0.41	0.72	-0.7	0.23	0.75		0.15	0.36	0.84	0.53	0.77	-0.68	-0.02
Other Current Assets	0.24	-0.34	0.39	0.22	0.45	0.15	-0.24	0.41	0.33	-0.23	0.25	0.03	-0.23	0.47	0.34	0.07	-0.29	-0.2	0.15		-0.46	-0.11	0.08	0.1	0.06	-0.06
Other Stockholder Equity	0.19	0.69	-0.32	0.24	-0.16	0.18	0.52	-0.2	0.41	0.44	0.02	-0.44	0.44	0.04	-0.12	-0.21	0.77	0.6	0.36	-0.46		0.59	0.08	0.44	-0.17	-0.16
Total Liab	0.83	0.82	-0.25	0.57	0.51	0.77	0.72	0.47	0.54	0.39	0.7	-0.71	0.39	0.06	0.62	-0.73	0.28	0.96	0.84	-0.11	0.59		0.47	0.71	-0.71	0.18
Property Plant And Equipment Gross	0.58	0.4	-0.04	0.37	0.54	0.54	0.41	0.18	0.42	0.12	0.53	-0.25	0.12	0.22	0.44	-0.8	0.14	0.41	0.53	0.08	0.08	0.47		0.42	-0.7	0.02
Total Current Assets	0.68	0.71	-0.44	0.91	0.5	0.4	0.27	0.29	0.8	0.74	0.37	-0.5	0.74	0.55	0.33	-0.53	0.48	0.5	0.77	0.1	0.44	0.71	0.42		-0.46	0.34
Common Stock	-0.71	-0.45	0.07	-0.33	-0.55	-0.69	-0.46	-0.37	-0.31	-0.14	-0.67	0.6	-0.14	0.02	-0.65	0.98	0.0	-0.71	-0.68	0.06	-0.17	-0.71	-0.7	-0.46		-0.12
Short Term Debt	0.23	0.29	-0.8	0.58	0.22	0.11	-0.18	0.17	-0.08	0.63	0.12	-0.22	0.63	-0.14	0.13	-0.11	-0.26	0.0	-0.02	-0.06	-0.16	0.18	0.02	0.34	-0.12

Click cells to compare fundamentals

Allegheny Technologies Account Relationship Matchups

Allegheny Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.6B	4.0B	4.3B	4.4B	5.0B	4.6B
Short Long Term Debt Total	1.4B	1.6B	1.8B	1.7B	2.2B	1.2B
Other Current Liab	237.8M	233.1M	216.2M	219.8M	256.8M	272.0M
Total Current Liabilities	849.2M	653.3M	856.4M	963.9M	977.1M	764.3M
Total Stockholder Equity	2.1B	521.1M	685.6M	1.0B	1.4B	1.6B
Property Plant And Equipment Net	2.5B	1.5B	1.5B	1.5B	1.7B	1.8B
Net Debt	908.1M	921.9M	1.2B	1.2B	1.4B	806.0M
Retained Earnings	1.7B	106.5M	72.7M	176.9M	(70.1M)	(66.6M)
Accounts Payable	521.2M	290.6M	375.5M	553.3M	524.8M	382.8M
Cash	490.8M	645.9M	687.7M	584M	743.9M	385.9M
Non Current Assets Total	3.3B	2.0B	2.0B	2.0B	2.2B	2.6B
Non Currrent Assets Other	355.7M	259M	222.1M	192.9M	354.3M	263.9M
Cash And Short Term Investments	490.8M	645.9M	687.7M	584M	743.9M	385.9M
Net Receivables	592.6M	384.7M	523.9M	643.3M	684.1M	542.1M
Good Will	525.8M	240.7M	227.9M	227.2M	261.3M	391.1M
Common Stock Shares Outstanding	146.5M	126.5M	127.1M	151.2M	150M	118.0M
Liabilities And Stockholders Equity	5.6B	4.0B	4.3B	4.4B	5.0B	4.6B
Non Current Liabilities Total	2.6B	2.7B	2.6B	2.3B	2.5B	2.1B
Inventory	1.2B	997.1M	1.0B	1.2B	1.2B	1.0B
Other Current Assets	64.3M	38.3M	48.8M	53.4M	62.2M	66.7M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.6B	1.5B	876.5M
Total Liab	3.4B	3.4B	3.5B	3.3B	3.5B	2.9B
Property Plant And Equipment Gross	2.5B	1.5B	1.5B	1.5B	3.7B	3.9B
Total Current Assets	2.3B	2.1B	2.3B	2.5B	2.7B	2.0B
Accumulated Other Comprehensive Income	(1.2B)	(1.2B)	(991.7M)	(725.2M)	(83.2M)	(87.4M)
Intangible Assets	96.3M	87.9M	65.9M	58.5M	51.1M	48.5M
Other Liab	1.1B	1.2B	884.5M	578.5M	665.3M	1.0B
Other Assets	115.7M	259.4M	259M	222.1M	173.6M	217.6M
Long Term Debt	1.4B	1.6B	1.7B	1.7B	2.1B	1.3B
Treasury Stock	(30.6M)	(18.2M)	(4.8M)	(87M)	(100.1M)	(105.1M)
Property Plant Equipment	2.5B	1.5B	1.5B	1.5B	1.8B	1.9B
Short Term Investments	117.6M	300M	487.7M	464.9M	700K	665K
Current Deferred Revenue	78.7M	111.8M	116.2M	149.1M	163.6M	132.7M
Net Tangible Assets	1.6B	280.4M	457.7M	818.7M	736.8M	1.1B
Noncontrolling Interest In Consolidated Entity	103.1M	120.3M	147.1M	111.3M	128.0M	115.1M
Retained Earnings Total Equity	1.7B	106.5M	72.7M	176.9M	159.2M	151.2M

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' 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 Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock:

How To Invest In Allegheny

Details

Is Allegheny Stock a good investment?

Details

What is Allegheny Technologies' Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Metal Fabrication Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Is Metals & Mining 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 Allegheny Technologies. If investors know Allegheny 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 Allegheny Technologies 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

(0.07)

Earnings Share

2.6

Revenue Per Share

33.577

Quarterly Revenue Growth

0.025

Return On Assets

0.0557

The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' 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 Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' 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 Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Allegheny Net Debt vs Other Stockholder Equity Analysis

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Debt

Other Stockholder Equity

Allegheny Technologies fundamental ratios Correlations

Allegheny Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allegheny Technologies fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Common Stock	+ 0.98	Common Stock Total Equity
Good Will	+ 0.97	Non Current Assets Total
Total Liab	+ 0.96	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.93	Total Assets

Cash And Short Term Investments	- 0.82	Other Current Liab
Cash	- 0.82	Other Current Liab
Property Plant And Equipment Gross	- 0.8	Common Stock Total Equity
Short Term Debt	- 0.8	Other Current Liab
Total Liab	- 0.73	Common Stock Total Equity
Common Stock	- 0.71	Total Liab