ATIF Total Current Assets vs Short Term Debt 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 Total Current Assets and its Short Term Debt 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.
Total Current Assets vs Short Term Debt
Total Current Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATIF Holdings Total Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between ATIF Holdings' Total Current Assets and Short Term Debt is 0.61. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Debt 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' Total Current Assets and Short Term Debt 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 Current Assets of ATIF Holdings are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Assets i.e., ATIF Holdings' Total Current Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Short Term Debt
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 Expense | 354.8K | 408.1K | 387.7K | Depreciation And Amortization | 583.0K | 658.9K | 368.9K |
ATIF Holdings fundamental ratios Correlations
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ATIF Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATIF Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 45.8M | 11.4M | 8.1M | 3.8M | 3.0M | 2.9M | |
Other Current Liab | 2.7M | 132.6K | 1.8M | 730.0K | 945.7K | 1.1M | |
Total Current Liabilities | 7.8M | 1.3M | 2.8M | 1.5M | 988.4K | 1.9M | |
Total Stockholder Equity | 17.4M | 9.6M | 4.7M | 1.5M | 1.8M | 1.7M | |
Net Tangible Assets | 10.8M | (16.4M) | 9.3M | 4.6M | 5.3M | 5.5M | |
Property Plant And Equipment Net | 6.4M | 1.3M | 1.7M | 1.2M | 113.8K | 108.1K | |
Current Deferred Revenue | 1.1M | 370.9K | 90.8K | 70K | 63K | 59.9K | |
Net Debt | 3.8M | (4.8M) | (331.8K) | 498.9K | (1.2M) | (1.3M) | |
Retained Earnings | (13.5M) | (22.1M) | (25.0M) | (27.7M) | (30.9M) | (29.3M) | |
Cash | 428.3K | 5.6M | 1.8M | 606.0K | 1.2M | 2.2M | |
Non Current Assets Total | 40.5M | 1.6M | 2.1M | 1.2M | 113.8K | 108.1K | |
Non Currrent Assets Other | (477.8K) | 328.3K | (1.6M) | 335K | 301.5K | 316.6K | |
Cash And Short Term Investments | 2.6M | 6.6M | 1.8M | 736.7K | 1.2M | 1.2M | |
Net Receivables | 939.4K | 2.3M | 3.4M | 1.3M | 200K | 190K | |
Common Stock Shares Outstanding | 8.0M | 9.5M | 9.5M | 9.6M | 10.2M | 9.3M | |
Liabilities And Stockholders Equity | 45.8M | 11.4M | 8.1M | 3.8M | 3.0M | 2.9M | |
Non Current Liabilities Total | 3.4M | 387.3K | 985.2K | 689.5K | 270.4K | 256.9K | |
Inventory | 46.8K | 922.7K | 751K | 504K | 453.6K | 749.3K | |
Other Current Assets | 2.6M | 923.0K | 792.2K | 515.6K | 1.4M | 873.4K | |
Other Stockholder Equity | 30.6M | 31.4M | 29.5M | 29.2M | 32.6M | 22.5M | |
Total Liab | 11.2M | 1.7M | 3.8M | 2.2M | 1.3M | 2.5M | |
Net Invested Capital | 17.5M | 9.6M | 4.7M | 1.5M | 1.8M | 1.7M | |
Property Plant And Equipment Gross | 6.4M | 1.5M | 1.7M | 1.3M | 263.1K | 249.9K | |
Total Current Assets | 5.2M | 9.8M | 6.0M | 2.5M | 2.9M | 4.2M | |
Accumulated Other Comprehensive Income | 280.2K | 292.1K | 180.7K | 181.5K | 208.7K | 233.6K | |
Net Working Capital | (2.5M) | 8.5M | 3.2M | 1.0M | 1.9M | 3.1M | |
Intangible Assets | 7.9M | 233.3K | 153.3K | 73.3K | 84.3K | 80.1K | |
Common Stock | 37.1K | 47.0K | 9.2K | 9.6K | 11.9K | 19.4K | |
Property Plant Equipment | 49.0K | 6.4M | 1.3M | 1.7M | 1.9M | 1.7M | |
Capital Stock | 37.1K | 47.0K | 9.2K | 9.6K | 11.9K | 18.2K |
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.