Allegheny Total Assets vs Deferred Long Term Liab 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 Total Assets and its Deferred Long Term Liab 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.

Total Assets vs Deferred Long Term Liab

Total Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegheny Technologies Total Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Allegheny Technologies' Total Assets and Deferred Long Term Liab is 0.59. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Deferred Long Term Liab 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' Total Assets and Deferred Long Term Liab 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 Allegheny Technologies Incorporated are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Assets i.e., Allegheny Technologies' Total Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Allegheny Technologies 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 Allegheny Technologies 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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 Profit333.2M714.2M802.6M460.2M
Total Revenue2.8B3.8B7.5B4.1B

Allegheny Technologies fundamental ratios Correlations

0.48-0.140.640.90.930.460.810.650.190.93-0.530.190.260.89-0.70.010.730.90.240.190.830.580.68-0.710.23
0.48-0.440.610.110.370.740.010.430.630.26-0.540.630.140.16-0.540.480.740.57-0.340.690.820.40.71-0.450.29
-0.14-0.44-0.57-0.03-0.030.150.09-0.08-0.820.040.24-0.820.150.130.08-0.24-0.080.010.39-0.32-0.25-0.04-0.440.07-0.8
0.640.61-0.570.540.370.150.320.740.730.35-0.50.730.520.31-0.380.320.310.620.220.240.570.370.91-0.330.58
0.90.11-0.030.540.840.150.890.580.00.9-0.270.00.340.9-0.53-0.20.40.730.45-0.160.510.540.5-0.550.22
0.930.37-0.030.370.840.530.820.46-0.070.98-0.5-0.070.00.92-0.65-0.120.770.770.150.180.770.540.4-0.690.11
0.460.740.150.150.150.530.160.29-0.050.44-0.44-0.050.050.37-0.520.220.780.56-0.240.520.720.410.27-0.46-0.18
0.810.010.090.320.890.820.160.36-0.170.89-0.21-0.170.130.93-0.3-0.370.430.630.41-0.20.470.180.29-0.370.17
0.650.43-0.080.740.580.460.290.360.30.43-0.410.30.750.37-0.360.560.360.780.330.410.540.420.8-0.31-0.08
0.190.63-0.820.730.0-0.07-0.05-0.170.3-0.12-0.291.00.14-0.18-0.210.470.20.21-0.230.440.390.120.74-0.140.63
0.930.260.040.350.90.980.440.890.43-0.12-0.42-0.120.050.97-0.63-0.220.690.750.250.020.70.530.37-0.670.12
-0.53-0.540.24-0.5-0.27-0.5-0.44-0.21-0.41-0.29-0.42-0.290.05-0.350.55-0.15-0.65-0.610.03-0.44-0.71-0.25-0.50.6-0.22
0.190.63-0.820.730.0-0.07-0.05-0.170.31.0-0.12-0.290.14-0.18-0.210.470.20.21-0.230.440.390.120.74-0.140.63
0.260.140.150.520.340.00.050.130.750.140.050.050.140.11-0.060.39-0.120.410.470.040.060.220.550.02-0.14
0.890.160.130.310.90.920.370.930.37-0.180.97-0.35-0.180.11-0.59-0.340.610.720.34-0.120.620.440.33-0.650.13
-0.7-0.540.08-0.38-0.53-0.65-0.52-0.3-0.36-0.21-0.630.55-0.21-0.06-0.59-0.08-0.71-0.70.07-0.21-0.73-0.8-0.530.98-0.11
0.010.48-0.240.32-0.2-0.120.22-0.370.560.47-0.22-0.150.470.39-0.34-0.080.210.23-0.290.770.280.140.480.0-0.26
0.730.74-0.080.310.40.770.780.430.360.20.69-0.650.2-0.120.61-0.710.210.75-0.20.60.960.410.5-0.710.0
0.90.570.010.620.730.770.560.630.780.210.75-0.610.210.410.72-0.70.230.750.150.360.840.530.77-0.68-0.02
0.24-0.340.390.220.450.15-0.240.410.33-0.230.250.03-0.230.470.340.07-0.29-0.20.15-0.46-0.110.080.10.06-0.06
0.190.69-0.320.24-0.160.180.52-0.20.410.440.02-0.440.440.04-0.12-0.210.770.60.36-0.460.590.080.44-0.17-0.16
0.830.82-0.250.570.510.770.720.470.540.390.7-0.710.390.060.62-0.730.280.960.84-0.110.590.470.71-0.710.18
0.580.4-0.040.370.540.540.410.180.420.120.53-0.250.120.220.44-0.80.140.410.530.080.080.470.42-0.70.02
0.680.71-0.440.910.50.40.270.290.80.740.37-0.50.740.550.33-0.530.480.50.770.10.440.710.42-0.460.34
-0.71-0.450.07-0.33-0.55-0.69-0.46-0.37-0.31-0.14-0.670.6-0.140.02-0.650.980.0-0.71-0.680.06-0.17-0.71-0.7-0.46-0.12
0.230.29-0.80.580.220.11-0.180.17-0.080.630.12-0.220.63-0.140.13-0.11-0.260.0-0.02-0.06-0.160.180.020.34-0.12
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Allegheny Technologies Account Relationship Matchups

Allegheny Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B4.0B4.3B4.4B5.0B4.6B
Short Long Term Debt Total1.4B1.6B1.8B1.7B2.2B1.2B
Other Current Liab237.8M233.1M216.2M219.8M256.8M272.0M
Total Current Liabilities849.2M653.3M856.4M963.9M977.1M764.3M
Total Stockholder Equity2.1B521.1M685.6M1.0B1.4B1.6B
Property Plant And Equipment Net2.5B1.5B1.5B1.5B1.7B1.8B
Net Debt908.1M921.9M1.2B1.2B1.4B806.0M
Retained Earnings1.7B106.5M72.7M176.9M(70.1M)(66.6M)
Accounts Payable521.2M290.6M375.5M553.3M524.8M382.8M
Cash490.8M645.9M687.7M584M743.9M385.9M
Non Current Assets Total3.3B2.0B2.0B2.0B2.2B2.6B
Non Currrent Assets Other355.7M259M222.1M192.9M354.3M263.9M
Cash And Short Term Investments490.8M645.9M687.7M584M743.9M385.9M
Net Receivables592.6M384.7M523.9M643.3M684.1M542.1M
Good Will525.8M240.7M227.9M227.2M261.3M391.1M
Common Stock Shares Outstanding146.5M126.5M127.1M151.2M150M118.0M
Liabilities And Stockholders Equity5.6B4.0B4.3B4.4B5.0B4.6B
Non Current Liabilities Total2.6B2.7B2.6B2.3B2.5B2.1B
Inventory1.2B997.1M1.0B1.2B1.2B1.0B
Other Current Assets64.3M38.3M48.8M53.4M62.2M66.7M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.5B876.5M
Total Liab3.4B3.4B3.5B3.3B3.5B2.9B
Property Plant And Equipment Gross2.5B1.5B1.5B1.5B3.7B3.9B
Total Current Assets2.3B2.1B2.3B2.5B2.7B2.0B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(991.7M)(725.2M)(83.2M)(87.4M)
Intangible Assets96.3M87.9M65.9M58.5M51.1M48.5M
Other Liab1.1B1.2B884.5M578.5M665.3M1.0B
Other Assets115.7M259.4M259M222.1M173.6M217.6M
Long Term Debt1.4B1.6B1.7B1.7B2.1B1.3B
Treasury Stock(30.6M)(18.2M)(4.8M)(87M)(100.1M)(105.1M)
Property Plant Equipment2.5B1.5B1.5B1.5B1.8B1.9B
Short Term Investments117.6M300M487.7M464.9M700K665K
Current Deferred Revenue78.7M111.8M116.2M149.1M163.6M132.7M
Net Tangible Assets1.6B280.4M457.7M818.7M736.8M1.1B
Noncontrolling Interest In Consolidated Entity103.1M120.3M147.1M111.3M128.0M115.1M
Retained Earnings Total Equity1.7B106.5M72.7M176.9M159.2M151.2M

Currently Active Assets on Macroaxis

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:
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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
2.59
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.