Allegheny Total Revenue vs Capex To Revenue Analysis

ATI Stock  USD 59.30  1.14  1.96%   
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 Revenue and its Capex To Revenue 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 Revenue vs Capex To Revenue

Total Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegheny Technologies Total Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Allegheny Technologies' Total Revenue and Capex To Revenue is 0.05. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Capex To Revenue 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 Revenue and Capex To Revenue 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 Revenue of Allegheny Technologies Incorporated are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Total Revenue i.e., Allegheny Technologies' Total Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Allegheny Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.