Atkore Historical Balance Sheet

ATKR Stock  USD 94.31  1.14  1.22%   
Trend analysis of Atkore International Group balance sheet accounts such as Other Current Liab of 259 M, Total Current Liabilities of 365.9 M or Total Stockholder Equity of 1.6 B provides information on Atkore International's total assets, liabilities, and equity, which is the actual value of Atkore International to its prevalent stockholders. By breaking down trends over time using Atkore International balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Atkore International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atkore International is a good buy for the upcoming year.

Atkore International Inventory

306.35 Million

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

About Atkore Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Atkore International at a specified time, usually calculated after every quarter, six months, or one year. Atkore International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Atkore International and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Atkore currently owns. An asset can also be divided into two categories, current and non-current.

Atkore International Balance Sheet Chart

At this time, Atkore International's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/29/2024, Short Term Debt is likely to grow to about 17.1 M, while Total Current Liabilities is likely to drop slightly above 365.9 M.

Total Assets

Total assets refers to the total amount of Atkore International 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 Atkore International 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.

Total Current Liabilities

Total Current Liabilities is an item on Atkore International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Atkore International Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most accounts from Atkore International's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Atkore International current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Atkore International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, Atkore International's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/29/2024, Short Term Debt is likely to grow to about 17.1 M, while Total Current Liabilities is likely to drop slightly above 365.9 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities144.6M134.1M246.7M259.0M
Total Assets2.6B2.9B3.0B1.9B

Atkore International balance sheet Correlations

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0.870.860.810.89-0.110.990.810.630.850.09-0.190.630.780.830.320.860.680.440.640.840.650.41-0.78-0.19-0.78
0.710.880.610.890.130.890.640.40.770.17-0.40.40.570.690.420.730.680.260.60.620.560.48-0.74-0.2-0.58
0.04-0.060.08-0.110.13-0.020.130.00.160.84-0.690.00.10.190.770.08-0.51-0.580.44-0.020.290.65-0.28-0.470.09
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0.960.680.990.810.640.130.840.830.890.31-0.30.830.970.920.60.920.260.190.890.960.620.68-0.86-0.32-0.88
0.80.630.870.630.40.00.660.830.60.34-0.031.00.90.720.580.630.040.140.810.90.230.63-0.77-0.51-0.7
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0.220.120.320.090.170.840.180.310.340.25-0.530.340.330.30.750.19-0.57-0.490.510.220.30.59-0.34-0.65-0.09
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0.80.630.870.630.40.00.660.831.00.60.34-0.030.90.720.580.630.040.140.810.90.230.63-0.77-0.51-0.7
0.940.660.980.780.570.10.810.970.90.830.33-0.230.90.910.620.860.190.190.910.980.560.7-0.88-0.39-0.82
0.970.620.90.830.690.190.840.920.720.950.3-0.270.720.910.620.950.350.30.870.920.730.7-0.9-0.31-0.79
0.530.380.570.320.420.770.410.60.580.520.75-0.580.580.620.620.46-0.26-0.340.880.540.340.97-0.77-0.63-0.34
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0.410.610.240.680.68-0.510.590.260.040.45-0.570.150.040.190.35-0.260.470.680.060.330.27-0.1-0.330.38-0.42
0.30.290.230.440.26-0.580.30.190.140.25-0.490.620.140.190.3-0.340.310.68-0.020.30.07-0.2-0.240.6-0.43
0.850.620.880.640.60.440.70.890.810.780.51-0.430.810.910.870.880.770.06-0.020.860.490.93-0.94-0.49-0.69
0.980.720.980.840.62-0.020.850.960.90.870.22-0.140.90.980.920.540.90.330.30.860.530.63-0.87-0.33-0.86
0.650.310.560.650.560.290.680.620.230.770.3-0.520.230.560.730.340.760.270.070.490.530.36-0.48-0.26-0.53
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Atkore International Account Relationship Matchups

Atkore International balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.2B2.6B2.9B3.0B1.9B
Other Current Liab82.0M189.7M144.6M134.1M246.7M259.0M
Total Current Liabilities276.2M524.9M501.9M564.6M510.9M365.9M
Total Stockholder Equity378.4M864.7M1.2B1.5B1.5B1.6B
Property Plant And Equipment Net243.9M275.6M390.2M559.0M832.7M874.4M
Net Debt559.2M224.1M443.6M496.3M577.8M537.9M
Retained Earnings(64.2M)388.7M802.0M994.9M1.0B1.1B
Accounts Payable142.6M243.2M244.1M292.7M262.2M190.0M
Cash284.5M576.3M388.8M388.1M351.4M229.0M
Non Current Assets Total729.8M788.6M1.1B1.4B1.5B928.8M
Non Currrent Assets Other3.0M2.0M3.5M10.7M9.3M9.7M
Other Assets42.4M31.7M12.9M1K900.0855.0
Cash And Short Term Investments284.5M576.3M388.8M388.1M351.4M229.0M
Net Receivables298.2M524.9M528.9M559.9M489.9M359.3M
Good Will188.2M199.0M289.3M311.1M314M206.1M
Non Current Liabilities Total903.9M820.4M847.3M902.3M970.6M852.1M
Inventory199.1M286.0M454.5M493.9M524.7M306.3M
Other Current Assets46.9M34.2M80.7M96.7M158.4M166.3M
Other Stockholder Equity484.6M504.3M497.5M506.8M509.3M519.0M
Total Liab1.2B1.3B1.3B1.5B1.5B1.2B
Total Current Assets828.7M1.4B1.5B1.5B1.5B964.8M
Intangible Assets255.3M241.2M382.7M394.4M340.4M331.4M
Short Long Term Debt Total843.7M800.4M832.3M884.4M929.2M834.3M
Common Stock Shares Outstanding48.0M47.3M44.3M39.3M36.8M42.3M
Liabilities And Stockholders Equity1.6B2.2B2.6B2.9B3.0B1.9B
Accumulated Other Comprehensive Income(42.6M)(28.7M)(50.1M)(33.9M)(19.1M)(20.0M)
Short Term Debt15.8M11.8M13.8M16.2M14.6M17.1M
Other Liab76.1M31.8M28.8M34.1M30.7M47.8M
Net Tangible Assets(65.2M)424.5M577.8M762.6M877.0M920.9M
Current Deferred Revenue35.8M80.3M99.4M121.6M139.8M146.8M
Long Term Debt803.7M758.4M760.5M762.7M764.8M807.3M
Common Stock Total Equity471K475K461K415K373.5K427.2K
Property Plant And Equipment Gross541.9M613.3M769.1M994.7M1.3B1.4B
Common Stock475K461K415K374K350K402.2K
Property Plant Equipment243.9M275.6M390.2M559.0M642.9M675.0M
Long Term Debt Total845.3M803.7M758.4M760.5M874.6M810.7M
Capital Surpluse477.1M487.2M506.9M500.1M575.1M495.5M

Pair Trading with Atkore International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atkore International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atkore International will appreciate offsetting losses from the drop in the long position's value.

Moving against Atkore Stock

  0.41ELPW Elong Power HoldingPairCorr
  0.37EPOW Sunrise New EnergyPairCorr
  0.37FLUX Flux Power HoldingsPairCorr
The ability to find closely correlated positions to Atkore International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atkore International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atkore International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atkore International Group to buy it.
The correlation of Atkore International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atkore International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atkore International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atkore International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Atkore Stock Analysis

When running Atkore International's price analysis, check to measure Atkore International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atkore International is operating at the current time. Most of Atkore International's value examination focuses on studying past and present price action to predict the probability of Atkore International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atkore International's price. Additionally, you may evaluate how the addition of Atkore International to your portfolios can decrease your overall portfolio volatility.