ATIF Accounts Payable vs Net Invested Capital Analysis

ATIF Stock  USD 0.68  0.04  6.25%   
ATIF Holdings financial indicator trend analysis is way more than just evaluating ATIF Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATIF Holdings is a good investment. Please check the relationship between ATIF Holdings Accounts Payable and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATIF Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in ATIF Stock please use our How to Invest in ATIF Holdings guide.

Accounts Payable vs Net Invested Capital

Accounts Payable vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATIF Holdings Accounts Payable account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between ATIF Holdings' Accounts Payable and Net Invested Capital is -0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of ATIF Holdings, assuming nothing else is changed. The correlation between historical values of ATIF Holdings' Accounts Payable and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of ATIF Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Accounts Payable i.e., ATIF Holdings' Accounts Payable and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents ATIF Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ATIF Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from ATIF Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATIF Holdings 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 ATIF Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in ATIF Stock please use our How to Invest in ATIF Holdings guide.At this time, ATIF Holdings' Selling General Administrative is most likely to increase significantly in the upcoming years. The ATIF Holdings' current Issuance Of Capital Stock is estimated to increase to about 2.4 M, while Tax Provision is projected to decrease to 3,135.
 2021 2023 2024 (projected)
Interest Expense354.8K408.1K387.7K
Depreciation And Amortization583.0K658.9K368.9K

ATIF Holdings fundamental ratios Correlations

0.760.890.91-0.570.950.080.28-0.16-0.580.190.96-0.020.440.250.40.120.56-0.30.810.490.920.910.950.46-0.01
0.760.720.69-0.330.77-0.380.33-0.48-0.740.080.720.360.220.520.590.430.19-0.460.790.650.770.690.770.40.04
0.890.720.64-0.830.940.30.64-0.05-0.3-0.220.970.290.030.070.22-0.030.79-0.490.720.290.990.650.920.07-0.41
0.910.690.64-0.190.79-0.16-0.13-0.23-0.790.570.77-0.310.760.450.460.240.22-0.030.720.580.691.00.80.780.4
-0.57-0.33-0.83-0.19-0.65-0.67-0.86-0.27-0.210.65-0.75-0.450.420.320.130.37-0.940.52-0.380.15-0.77-0.19-0.630.450.81
0.950.770.940.79-0.650.060.48-0.28-0.50.00.960.10.270.250.470.220.62-0.520.840.550.970.791.00.29-0.18
0.08-0.380.3-0.16-0.670.060.390.820.6-0.490.220.01-0.36-0.53-0.71-0.860.770.1-0.29-0.730.18-0.160.03-0.5-0.62
0.280.330.64-0.13-0.860.480.390.020.28-0.870.510.71-0.72-0.230.0-0.120.72-0.750.3-0.050.6-0.130.46-0.67-0.91
-0.16-0.48-0.05-0.23-0.27-0.280.820.020.44-0.24-0.1-0.09-0.23-0.29-0.91-0.990.40.52-0.64-0.91-0.17-0.23-0.31-0.3-0.27
-0.58-0.74-0.3-0.79-0.21-0.50.60.280.44-0.61-0.390.26-0.69-0.84-0.57-0.490.270.08-0.56-0.67-0.37-0.79-0.52-0.84-0.63
0.190.08-0.220.570.650.0-0.49-0.87-0.24-0.61-0.07-0.710.950.410.290.32-0.520.550.130.41-0.160.570.020.930.95
0.960.720.970.77-0.750.960.220.51-0.1-0.39-0.070.170.20.070.320.040.71-0.440.790.390.970.770.950.2-0.27
-0.020.360.29-0.31-0.450.10.010.71-0.090.26-0.710.17-0.73-0.260.02-0.010.29-0.40.12-0.060.27-0.30.09-0.61-0.68
0.440.220.030.760.420.27-0.36-0.72-0.23-0.690.950.2-0.730.450.380.31-0.290.40.330.490.10.760.290.960.85
0.250.520.070.450.320.25-0.53-0.23-0.29-0.840.410.07-0.260.450.350.36-0.33-0.060.190.450.120.450.270.650.54
0.40.590.220.460.130.47-0.710.0-0.91-0.570.290.320.020.380.350.93-0.24-0.520.80.970.330.460.510.410.27
0.120.43-0.030.240.370.22-0.86-0.12-0.99-0.490.320.04-0.010.310.360.93-0.48-0.450.60.920.090.240.260.370.37
0.560.190.790.22-0.940.620.770.720.40.27-0.520.710.29-0.29-0.33-0.24-0.48-0.30.27-0.230.730.230.59-0.36-0.72
-0.3-0.46-0.49-0.030.52-0.520.1-0.750.520.080.55-0.44-0.40.4-0.06-0.52-0.45-0.3-0.61-0.46-0.53-0.03-0.530.340.53
0.810.790.720.72-0.380.84-0.290.3-0.64-0.560.130.790.120.330.190.80.60.27-0.610.810.790.720.850.35-0.01
0.490.650.290.580.150.55-0.73-0.05-0.91-0.670.410.39-0.060.490.450.970.92-0.23-0.460.810.410.580.590.540.37
0.920.770.990.69-0.770.970.180.6-0.17-0.37-0.160.970.270.10.120.330.090.73-0.530.790.410.70.960.14-0.34
0.910.690.651.0-0.190.79-0.16-0.13-0.23-0.790.570.77-0.30.760.450.460.240.23-0.030.720.580.70.80.780.4
0.950.770.920.8-0.631.00.030.46-0.31-0.520.020.950.090.290.270.510.260.59-0.530.850.590.960.80.31-0.16
0.460.40.070.780.450.29-0.5-0.67-0.3-0.840.930.2-0.610.960.650.410.37-0.360.340.350.540.140.780.310.88
-0.010.04-0.410.40.81-0.18-0.62-0.91-0.27-0.630.95-0.27-0.680.850.540.270.37-0.720.53-0.010.37-0.340.4-0.160.88
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ATIF Holdings Account Relationship Matchups

ATIF Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.8M11.4M8.1M3.8M3.0M2.9M
Other Current Liab2.7M132.6K1.8M730.0K945.7K1.1M
Total Current Liabilities7.8M1.3M2.8M1.5M988.4K1.9M
Total Stockholder Equity17.4M9.6M4.7M1.5M1.8M1.7M
Net Tangible Assets10.8M(16.4M)9.3M4.6M5.3M5.5M
Property Plant And Equipment Net6.4M1.3M1.7M1.2M113.8K108.1K
Current Deferred Revenue1.1M370.9K90.8K70K63K59.9K
Net Debt3.8M(4.8M)(331.8K)498.9K(1.2M)(1.3M)
Retained Earnings(13.5M)(22.1M)(25.0M)(27.7M)(30.9M)(29.3M)
Cash428.3K5.6M1.8M606.0K1.2M2.2M
Non Current Assets Total40.5M1.6M2.1M1.2M113.8K108.1K
Non Currrent Assets Other(477.8K)328.3K(1.6M)335K301.5K316.6K
Cash And Short Term Investments2.6M6.6M1.8M736.7K1.2M1.2M
Net Receivables939.4K2.3M3.4M1.3M200K190K
Common Stock Shares Outstanding8.0M9.5M9.5M9.6M10.2M9.3M
Liabilities And Stockholders Equity45.8M11.4M8.1M3.8M3.0M2.9M
Non Current Liabilities Total3.4M387.3K985.2K689.5K270.4K256.9K
Inventory46.8K922.7K751K504K453.6K749.3K
Other Current Assets2.6M923.0K792.2K515.6K1.4M873.4K
Other Stockholder Equity30.6M31.4M29.5M29.2M32.6M22.5M
Total Liab11.2M1.7M3.8M2.2M1.3M2.5M
Net Invested Capital17.5M9.6M4.7M1.5M1.8M1.7M
Property Plant And Equipment Gross6.4M1.5M1.7M1.3M263.1K249.9K
Total Current Assets5.2M9.8M6.0M2.5M2.9M4.2M
Accumulated Other Comprehensive Income280.2K292.1K180.7K181.5K208.7K233.6K
Net Working Capital(2.5M)8.5M3.2M1.0M1.9M3.1M
Intangible Assets7.9M233.3K153.3K73.3K84.3K80.1K
Common Stock37.1K47.0K9.2K9.6K11.9K19.4K
Property Plant Equipment49.0K6.4M1.3M1.7M1.9M1.7M
Capital Stock37.1K47.0K9.2K9.6K11.9K18.2K

Currently Active Assets on Macroaxis

When determining whether ATIF Holdings is a strong investment it is important to analyze ATIF Holdings' 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 ATIF Holdings' future performance. For an informed investment choice regarding ATIF Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATIF Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in ATIF Stock please use our How to Invest in ATIF Holdings guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Research & Consulting Services 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 ATIF Holdings. If investors know ATIF 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 ATIF Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.31)
Revenue Per Share
0.052
Quarterly Revenue Growth
1
Return On Assets
(0.32)
Return On Equity
(1.29)
The market value of ATIF Holdings is measured differently than its book value, which is the value of ATIF that is recorded on the company's balance sheet. Investors also form their own opinion of ATIF Holdings' value that differs from its market value or its book value, called intrinsic value, which is ATIF Holdings' 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 ATIF Holdings' market value can be influenced by many factors that don't directly affect ATIF Holdings' 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 ATIF Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ATIF Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATIF Holdings' 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.