Atmus Net Income vs Sale Purchase Of Stock Analysis

ATMU Stock   43.06  0.66  1.51%   
Atmus Filtration financial indicator trend analysis is way more than just evaluating Atmus Filtration Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atmus Filtration Tec is a good investment. Please check the relationship between Atmus Filtration Net Income and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Net Income vs Sale Purchase Of Stock

Net Income vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atmus Filtration Tec Net Income account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Atmus Filtration's Net Income and Sale Purchase Of Stock is -0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Atmus Filtration Technologies, assuming nothing else is changed. The correlation between historical values of Atmus Filtration's Net Income and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Atmus Filtration Technologies are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Net Income i.e., Atmus Filtration's Net Income and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Atmus Filtration Tec financial statement analysis. It represents the amount of money remaining after all of Atmus Filtration Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Sale Purchase Of Stock

Most indicators from Atmus Filtration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atmus Filtration Tec 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 Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Tax Provision is likely to drop to about 38.5 M in 2024. Selling General Administrative is likely to drop to about 156.1 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue1.4B1.6B1.6B1.6B
Depreciation And Amortization21M21.6M21.5M23.3M

Atmus Filtration fundamental ratios Correlations

0.920.890.93-0.93-0.90.920.710.91-0.090.940.950.17-0.750.860.93-0.810.5-0.810.930.850.14-0.050.961.00.98
0.920.690.76-1.0-0.920.940.831.00.221.00.93-0.08-0.930.990.81-0.950.71-0.951.00.690.340.270.870.90.92
0.890.690.99-0.71-0.750.650.310.68-0.520.740.890.58-0.40.580.98-0.630.41-0.630.710.98-0.28-0.490.790.880.82
0.930.760.99-0.78-0.820.720.40.75-0.430.80.930.5-0.490.660.99-0.710.48-0.710.780.98-0.19-0.40.820.910.86
-0.93-1.0-0.71-0.780.92-0.95-0.82-1.0-0.19-1.0-0.940.050.92-0.98-0.820.94-0.690.94-1.0-0.71-0.31-0.24-0.89-0.92-0.93
-0.9-0.92-0.75-0.820.92-0.9-0.74-0.92-0.12-0.93-0.910.010.78-0.89-0.870.89-0.690.89-0.92-0.74-0.32-0.12-0.81-0.88-0.92
0.920.940.650.72-0.95-0.90.920.950.290.940.83-0.23-0.90.940.74-0.810.47-0.810.940.590.510.320.950.930.97
0.710.830.310.4-0.82-0.740.920.840.620.80.59-0.57-0.920.890.44-0.680.35-0.680.820.240.780.640.80.730.8
0.911.00.680.75-1.0-0.920.950.840.241.00.92-0.1-0.940.990.8-0.950.71-0.951.00.670.360.290.870.90.91
-0.090.22-0.52-0.43-0.19-0.120.290.620.240.16-0.15-0.97-0.520.36-0.36-0.190.14-0.190.2-0.550.910.990.03-0.070.04
0.941.00.740.8-1.0-0.930.940.81.00.160.95-0.02-0.910.980.84-0.950.71-0.951.00.730.290.210.880.920.93
0.950.930.890.93-0.94-0.910.830.590.92-0.150.950.29-0.740.860.96-0.910.72-0.910.940.91-0.01-0.10.840.920.89
0.17-0.080.580.50.050.01-0.23-0.57-0.1-0.97-0.020.290.39-0.220.460.00.10.0-0.050.64-0.94-0.940.00.130.01
-0.75-0.93-0.4-0.490.920.78-0.9-0.92-0.94-0.52-0.91-0.740.39-0.97-0.550.87-0.640.87-0.93-0.39-0.56-0.58-0.77-0.74-0.78
0.860.990.580.66-0.98-0.890.940.890.990.360.980.86-0.22-0.970.72-0.940.7-0.940.980.570.460.410.840.850.88
0.930.810.980.99-0.82-0.870.740.440.8-0.360.840.960.46-0.550.72-0.780.58-0.780.820.97-0.15-0.340.810.910.87
-0.81-0.95-0.63-0.710.940.89-0.81-0.68-0.95-0.19-0.95-0.910.00.87-0.94-0.78-0.891.0-0.95-0.68-0.21-0.24-0.69-0.77-0.78
0.50.710.410.48-0.69-0.690.470.350.710.140.710.720.1-0.640.70.58-0.89-0.890.710.540.020.180.30.430.43
-0.81-0.95-0.63-0.710.940.89-0.81-0.68-0.95-0.19-0.95-0.910.00.87-0.94-0.781.0-0.89-0.95-0.68-0.21-0.24-0.69-0.77-0.78
0.931.00.710.78-1.0-0.920.940.821.00.21.00.94-0.05-0.930.980.82-0.950.71-0.950.70.310.250.880.910.92
0.850.690.980.98-0.71-0.740.590.240.67-0.550.730.910.64-0.390.570.97-0.680.54-0.680.7-0.37-0.510.70.820.75
0.140.34-0.28-0.19-0.31-0.320.510.780.360.910.29-0.01-0.94-0.560.46-0.15-0.210.02-0.210.31-0.370.870.290.180.31
-0.050.27-0.49-0.4-0.24-0.120.320.640.290.990.21-0.1-0.94-0.580.41-0.34-0.240.18-0.240.25-0.510.870.07-0.040.07
0.960.870.790.82-0.89-0.810.950.80.870.030.880.840.0-0.770.840.81-0.690.3-0.690.880.70.290.070.980.98
1.00.90.880.91-0.92-0.880.930.730.9-0.070.920.920.13-0.740.850.91-0.770.43-0.770.910.820.18-0.040.980.99
0.980.920.820.86-0.93-0.920.970.80.910.040.930.890.01-0.780.880.87-0.780.43-0.780.920.750.310.070.980.99
Click cells to compare fundamentals

Atmus Filtration Account Relationship Matchups

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Additional Tools for Atmus Stock Analysis

When running Atmus Filtration's price analysis, check to measure Atmus Filtration'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 Atmus Filtration is operating at the current time. Most of Atmus Filtration's value examination focuses on studying past and present price action to predict the probability of Atmus Filtration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atmus Filtration's price. Additionally, you may evaluate how the addition of Atmus Filtration to your portfolios can decrease your overall portfolio volatility.