Atmos Ev To Free Cash Flow vs Cash And Equivalents Analysis

ATO Stock

USD 151.43 1.10 0.73%

Atmos Energy financial indicator trend analysis is way more than just evaluating Atmos Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atmos Energy is a good investment. Please check the relationship between Atmos Energy Ev To Free Cash Flow and its Cash And Equivalents accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmos Energy. 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.

To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.

Ev To Free Cash Flow vs Cash And Equivalents

Ev To Free Cash Flow vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atmos Energy Ev To Free Cash Flow account and Cash And Equivalents. At this time, the significance of the direction appears to have very week relationship.

The correlation between Atmos Energy's Ev To Free Cash Flow and Cash And Equivalents is 0.27. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Atmos Energy, assuming nothing else is changed. The correlation between historical values of Atmos Energy's Ev To Free Cash Flow and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Atmos Energy are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Ev To Free Cash Flow i.e., Atmos Energy's Ev To Free Cash Flow and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Cash And Equivalents

Most indicators from Atmos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atmos Energy 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 Atmos Energy. 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.

To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.As of the 28th of November 2024, Selling General Administrative is likely to drop to about 840.7 M. In addition to that, Discontinued Operations is likely to drop to about 8.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.1B	2.4B	2.5B
Total Revenue	4.2B	4.3B	4.2B	2.4B

Gross Profit Total Revenue

Atmos Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.91	0.89	0.8	0.46	0.87	0.91	0.27	0.89	0.87	0.64	0.55	0.92	0.32	0.55	0.77	0.82	0.95	0.53	0.34	0.88	0.94	0.88	0.45	0.2	0.85
Total Assets	0.91		0.98	0.77	0.47	0.99	0.99	-0.01	0.98	0.99	0.48	0.66	1.0	0.57	0.66	0.65	0.71	0.99	0.4	0.48	0.99	0.99	0.99	0.54	0.21	0.75
Short Long Term Debt Total	0.89	0.98		0.81	0.59	0.96	0.96	-0.03	1.0	0.95	0.47	0.62	0.96	0.5	0.62	0.69	0.72	0.96	0.45	0.62	0.96	0.99	0.97	0.67	0.36	0.75
Other Current Liab	0.8	0.77	0.81		0.78	0.71	0.72	0.17	0.82	0.71	0.47	0.26	0.74	0.21	0.26	0.78	0.9	0.77	0.5	0.64	0.71	0.82	0.72	0.72	0.59	0.91
Total Current Liabilities	0.46	0.47	0.59	0.78		0.36	0.37	-0.03	0.61	0.37	0.26	0.05	0.39	-0.11	0.05	0.57	0.54	0.42	0.47	0.89	0.36	0.56	0.4	0.92	0.96	0.55
Total Stockholder Equity	0.87	0.99	0.96	0.71	0.36		1.0	-0.06	0.95	1.0	0.44	0.68	1.0	0.65	0.68	0.58	0.66	0.97	0.33	0.4	1.0	0.96	1.0	0.45	0.1	0.69
Property Plant And Equipment Net	0.91	0.99	0.96	0.72	0.37	1.0		-0.02	0.95	1.0	0.46	0.68	1.0	0.6	0.68	0.6	0.69	0.98	0.34	0.38	1.0	0.97	1.0	0.43	0.1	0.72
Current Deferred Revenue	0.27	-0.01	-0.03	0.17	-0.03	-0.06	-0.02		-0.04	-0.1	0.46	0.13	-0.01	-0.28	0.13	0.46	0.24	0.05	0.58	-0.2	-0.05	0.04	-0.05	-0.05	-0.14	0.23
Net Debt	0.89	0.98	1.0	0.82	0.61	0.95	0.95	-0.04		0.95	0.47	0.6	0.96	0.49	0.6	0.69	0.72	0.96	0.46	0.63	0.96	0.99	0.96	0.68	0.37	0.76
Retained Earnings	0.87	0.99	0.95	0.71	0.37	1.0	1.0	-0.1	0.95		0.42	0.67	0.99	0.64	0.67	0.55	0.66	0.97	0.28	0.39	1.0	0.96	0.99	0.44	0.11	0.7
Accounts Payable	0.64	0.48	0.47	0.47	0.26	0.44	0.46	0.46	0.47	0.42		0.39	0.47	0.02	0.39	0.82	0.66	0.52	0.61	0.22	0.44	0.52	0.45	0.33	0.07	0.65
Cash	0.55	0.66	0.62	0.26	0.05	0.68	0.68	0.13	0.6	0.67	0.39		0.67	0.57	1.0	0.31	0.22	0.6	0.13	0.15	0.69	0.63	0.7	0.2	-0.16	0.22
Non Current Assets Total	0.92	1.0	0.96	0.74	0.39	1.0	1.0	-0.01	0.96	0.99	0.47	0.67		0.59	0.67	0.62	0.7	0.99	0.36	0.39	1.0	0.98	0.99	0.45	0.12	0.74
Non Currrent Assets Other	0.32	0.57	0.5	0.21	-0.11	0.65	0.6	-0.28	0.49	0.64	0.02	0.57	0.59		0.57	0.05	0.14	0.52	-0.22	0.09	0.65	0.47	0.62	0.05	-0.27	0.17
Cash And Short Term Investments	0.55	0.66	0.62	0.26	0.05	0.68	0.68	0.13	0.6	0.67	0.39	1.0	0.67	0.57		0.31	0.22	0.6	0.13	0.15	0.69	0.63	0.7	0.2	-0.16	0.22
Net Receivables	0.77	0.65	0.69	0.78	0.57	0.58	0.6	0.46	0.69	0.55	0.82	0.31	0.62	0.05	0.31		0.82	0.68	0.78	0.5	0.58	0.71	0.6	0.63	0.37	0.82
Common Stock Total Equity	0.82	0.71	0.72	0.9	0.54	0.66	0.69	0.24	0.72	0.66	0.66	0.22	0.7	0.14	0.22	0.82		0.76	0.44	0.42	0.66	0.76	0.66	0.52	0.34	1.0
Non Current Liabilities Total	0.95	0.99	0.96	0.77	0.42	0.97	0.98	0.05	0.96	0.97	0.52	0.6	0.99	0.52	0.6	0.68	0.76		0.43	0.41	0.97	0.98	0.97	0.48	0.15	0.8
Inventory	0.53	0.4	0.45	0.5	0.47	0.33	0.34	0.58	0.46	0.28	0.61	0.13	0.36	-0.22	0.13	0.78	0.44	0.43		0.38	0.34	0.46	0.35	0.52	0.33	0.47
Other Current Assets	0.34	0.48	0.62	0.64	0.89	0.4	0.38	-0.2	0.63	0.39	0.22	0.15	0.39	0.09	0.15	0.5	0.42	0.41	0.38		0.4	0.55	0.43	0.98	0.85	0.42
Other Stockholder Equity	0.88	0.99	0.96	0.71	0.36	1.0	1.0	-0.05	0.96	1.0	0.44	0.69	1.0	0.65	0.69	0.58	0.66	0.97	0.34	0.4		0.96	1.0	0.45	0.1	0.7
Total Liab	0.94	0.99	0.99	0.82	0.56	0.96	0.97	0.04	0.99	0.96	0.52	0.63	0.98	0.47	0.63	0.71	0.76	0.98	0.46	0.55	0.96		0.97	0.62	0.31	0.79
Property Plant And Equipment Gross	0.88	0.99	0.97	0.72	0.4	1.0	1.0	-0.05	0.96	0.99	0.45	0.7	0.99	0.62	0.7	0.6	0.66	0.97	0.35	0.43	1.0	0.97		0.48	0.14	0.7
Total Current Assets	0.45	0.54	0.67	0.72	0.92	0.45	0.43	-0.05	0.68	0.44	0.33	0.2	0.45	0.05	0.2	0.63	0.52	0.48	0.52	0.98	0.45	0.62	0.48		0.85	0.52
Short Term Debt	0.2	0.21	0.36	0.59	0.96	0.1	0.1	-0.14	0.37	0.11	0.07	-0.16	0.12	-0.27	-0.16	0.37	0.34	0.15	0.33	0.85	0.1	0.31	0.14	0.85		0.34
Common Stock	0.85	0.75	0.75	0.91	0.55	0.69	0.72	0.23	0.76	0.7	0.65	0.22	0.74	0.17	0.22	0.82	1.0	0.8	0.47	0.42	0.7	0.79	0.7	0.52	0.34

Click cells to compare fundamentals

Atmos Energy Account Relationship Matchups

Atmos Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	122.9M	129.8M	138.1M	145.2M	152.7M	160.3M
Total Assets	15.4B	19.6B	22.2B	22.5B	25.2B	26.5B
Short Long Term Debt Total	4.5B	7.3B	8.1B	7.0B	7.8B	8.2B
Other Current Liab	457.2M	686.4M	729.8M	649.7M	646.4M	384.1M
Total Current Liabilities	782.4M	3.5B	3.6B	1.4B	1.2B	1.1B
Total Stockholder Equity	6.8B	7.9B	9.4B	10.9B	12.2B	12.8B
Property Plant And Equipment Net	13.4B	15.1B	17.2B	19.8B	22.5B	23.6B
Current Deferred Revenue	56.5M	49.7M	56.0M	65.3M	75.1M	63.9M
Net Debt	4.5B	7.2B	8.1B	7.0B	7.5B	7.9B
Retained Earnings	2.5B	2.8B	3.2B	3.7B	4.2B	4.4B
Accounts Payable	141.1M	224.9M	258.5M	218.2M	341.9M	221.6M
Cash	20.8M	116.7M	51.6M	15.4M	307.3M	322.7M
Non Current Assets Total	14.9B	16.8B	19.1B	21.6B	24.1B	25.3B
Non Currrent Assets Other	23.4M	27.7M	(921.7M)	491.6M	683.5M	717.7M
Cash And Short Term Investments	20.8M	116.7M	51.6M	15.4M	308.9M	324.3M
Net Receivables	230.6M	343.0M	375.6M	342.6M	365.9M	258.6M
Common Stock Total Equity	597K	629K	662K	704K	809.6K	411.8K
Liabilities And Stockholders Equity	15.4B	19.6B	22.2B	22.5B	25.2B	26.5B
Non Current Liabilities Total	7.8B	8.2B	9.2B	10.3B	10.4B	10.9B
Inventory	112.0M	178.1M	357.9M	280.1M	186.5M	235.4M
Other Current Assets	101.1M	2.2B	2.2B	247.7M	457.6M	272.3M
Other Stockholder Equity	4.4B	5.0B	5.8B	6.7B	7.5B	7.8B
Total Liab	8.6B	11.7B	12.8B	11.6B	13.0B	13.7B
Property Plant And Equipment Gross	13.6B	18.1B	20.5B	23.1B	26.1B	27.4B
Total Current Assets	471.3M	2.8B	3.0B	885.8M	1.1B	835.0M
Accumulated Other Comprehensive Income	(57.6M)	69.8M	369.1M	518.5M	465.7M	489.0M
Short Term Debt	35.9M	2.4B	2.4B	289.2M	1.7M	1.6M
Common Stock	629K	662K	704K	742K	776K	448.9K
Other Liab	3.1B	3.3B	3.4B	3.5B	4.0B	4.2B
Other Assets	470.1M	974.7M	1.2B	494.1M	568.2M	364.9M
Long Term Debt	4.5B	4.9B	5.8B	6.6B	7.9B	8.3B
Property Plant Equipment	13.4B	15.1B	17.2B	19.8B	22.8B	23.9B
Net Tangible Assets	7.2B	7.2B	8.7B	10.0B	11.6B	12.1B
Retained Earnings Total Equity	2.2B	2.5B	2.8B	3.2B	3.7B	3.9B
Long Term Debt Total	3.5B	4.5B	4.9B	5.8B	6.6B	3.4B
Capital Surpluse	3.7B	4.4B	5.0B	5.8B	6.7B	7.0B
Deferred Long Term Liab	1.5B	974.7M	1.2B	375.6M	338.1M	321.2M

Pair Trading with Atmos Energy

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 Atmos Energy 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 Atmos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atmos Stock

0.93	NI	NiSource	Pair Corr
0.62	SR	Spire Inc	Pair Corr
0.81	BKH	Black Hills	Pair Corr
0.82	CPK	Chesapeake Utilities	Pair Corr

Moving against Atmos Stock

0.6	NFE	New Fortress Energy	Pair Corr
0.58	ES	Eversource Energy	Pair Corr
0.5	FE	FirstEnergy	Pair Corr
0.31	HE	Hawaiian Electric	Pair Corr

The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy 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 Atmos Energy - 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 Atmos Energy to buy it.

The correlation of Atmos Energy 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 Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy 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 Atmos Energy 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 Correlation Correlation Matching

When determining whether Atmos Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atmos Energy's 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 Atmos Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atmos Energy Stock:

How To Invest In Atmos

Details

Is Atmos Stock a good investment?

Details

What is Atmos Energy's Net Worth?

Details

Largest Gas Utilities Companies

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Largest Utilities - Regulated Gas Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmos Energy. 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.

To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Gas Utilities 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 Atmos Energy. If investors know Atmos 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 Atmos Energy 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

0.148

Earnings Share

6.83

Revenue Per Share

27.161

Quarterly Revenue Growth

0.059

Return On Assets

0.0358

The market value of Atmos Energy is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy's 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 Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy's 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 Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atmos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy's 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.

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Atmos Ev To Free Cash Flow vs Cash And Equivalents Analysis

Ev To Free Cash Flow vs Cash And Equivalents

Ev To Free Cash Flow vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Ev To Free Cash Flow

Cash And Equivalents

Atmos Energy fundamental ratios Correlations

Atmos Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Atmos Energy fundamental ratios Accounts

Pair Trading with Atmos Energy

Moving together with Atmos Stock

Moving against Atmos Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity

Non Currrent Assets Other	- 0.28	Current Deferred Revenue
Short Term Debt	- 0.27	Non Currrent Assets Other
Inventory	- 0.22	Non Currrent Assets Other
Other Current Assets	- 0.2	Current Deferred Revenue
Short Term Debt	- 0.16	Cash And Short Term Investments
Short Term Debt	- 0.16	Cash