Atara Non Current Liabilities Total vs Accounts Payable Analysis

ATRA Stock  USD 11.47  0.86  8.11%   
Atara Biotherapeutics financial indicator trend analysis is way more than just evaluating Atara Biotherapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atara Biotherapeutics is a good investment. Please check the relationship between Atara Biotherapeutics Non Current Liabilities Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atara Biotherapeutics Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Atara Biotherapeutics' Non Current Liabilities Total and Accounts Payable is 0.31. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Atara Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Atara Biotherapeutics' Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Atara Biotherapeutics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., Atara Biotherapeutics' Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Atara Biotherapeutics 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 Atara Biotherapeutics 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.
Most indicators from Atara Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atara Biotherapeutics 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 Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 6.24, whereas Selling General Administrative is forecasted to decline to about 47.3 M.
 2021 2022 2023 2024 (projected)
Net Interest Income367K2.0M944K896.8K
Interest Income367K2.0M4.8M3.2M

Atara Biotherapeutics fundamental ratios Correlations

0.660.530.770.310.76-0.63-0.560.620.820.750.320.710.920.630.320.30.930.750.430.720.950.690.70.87-0.64
0.660.920.090.870.8-0.07-0.930.490.470.810.820.480.380.94-0.160.810.660.880.910.820.480.880.390.42-0.93
0.530.92-0.110.920.710.07-0.970.490.330.720.810.310.20.97-0.210.80.570.830.950.760.30.850.30.36-0.93
0.770.09-0.11-0.350.38-0.820.060.390.710.37-0.30.590.940.020.55-0.320.690.29-0.230.320.90.210.660.78-0.05
0.310.870.92-0.350.560.34-0.930.30.120.580.960.17-0.040.91-0.340.930.320.720.970.610.080.77-0.010.06-0.88
0.760.80.710.380.56-0.35-0.780.730.651.00.580.550.570.790.250.560.840.90.670.990.630.870.760.5-0.84
-0.63-0.070.07-0.820.34-0.35-0.06-0.44-0.89-0.330.33-0.77-0.790.03-0.230.23-0.67-0.240.16-0.29-0.75-0.16-0.64-0.630.05
-0.56-0.93-0.970.06-0.93-0.78-0.06-0.5-0.38-0.8-0.89-0.38-0.24-0.990.17-0.87-0.61-0.9-0.97-0.82-0.35-0.92-0.29-0.310.99
0.620.490.490.390.30.73-0.44-0.50.60.730.280.370.510.50.20.310.60.60.420.70.530.550.760.38-0.56
0.820.470.330.710.120.65-0.89-0.380.60.650.130.910.820.410.10.220.870.620.290.610.840.550.650.66-0.49
0.750.810.720.370.581.0-0.33-0.80.730.650.60.550.550.80.230.580.830.910.690.990.620.880.740.48-0.86
0.320.820.81-0.30.960.580.33-0.890.280.130.60.220.00.86-0.30.960.310.730.930.610.110.77-0.05-0.02-0.87
0.710.480.310.590.170.55-0.77-0.380.370.910.550.220.710.39-0.140.270.790.580.310.510.740.530.430.57-0.48
0.920.380.20.94-0.040.57-0.79-0.240.510.820.550.00.710.320.39-0.010.820.560.10.520.990.490.680.84-0.35
0.630.940.970.020.910.790.03-0.990.50.410.80.860.390.32-0.090.830.660.90.940.820.420.910.320.41-0.97
0.32-0.16-0.210.55-0.340.25-0.230.170.20.10.23-0.3-0.140.39-0.09-0.390.290.01-0.310.220.36-0.020.460.420.15
0.30.810.8-0.320.930.560.23-0.870.310.220.580.960.27-0.010.83-0.390.310.710.950.590.10.74-0.02-0.04-0.86
0.930.660.570.690.320.84-0.67-0.610.60.870.830.310.790.820.660.290.310.790.460.810.860.730.750.82-0.68
0.750.880.830.290.720.9-0.24-0.90.60.620.910.730.580.560.90.010.710.790.810.920.640.990.510.46-0.94
0.430.910.95-0.230.970.670.16-0.970.420.290.690.930.310.10.94-0.310.950.460.810.710.210.840.140.16-0.94
0.720.820.760.320.610.99-0.29-0.820.70.610.990.610.510.520.820.220.590.810.920.710.590.90.720.46-0.86
0.950.480.30.90.080.63-0.75-0.350.530.840.620.110.740.990.420.360.10.860.640.210.590.580.670.84-0.45
0.690.880.850.210.770.87-0.16-0.920.550.550.880.770.530.490.91-0.020.740.730.990.840.90.580.440.39-0.95
0.70.390.30.66-0.010.76-0.64-0.290.760.650.74-0.050.430.680.320.46-0.020.750.510.140.720.670.440.63-0.37
0.870.420.360.780.060.5-0.63-0.310.380.660.48-0.020.570.840.410.42-0.040.820.460.160.460.840.390.63-0.34
-0.64-0.93-0.93-0.05-0.88-0.840.050.99-0.56-0.49-0.86-0.87-0.48-0.35-0.970.15-0.86-0.68-0.94-0.94-0.86-0.45-0.95-0.37-0.34
Click cells to compare fundamentals

Atara Biotherapeutics Account Relationship Matchups

Atara Biotherapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets342.9M588.1M468.1M376.4M165.5M302.7M
Other Current Liab5.7M40.3M44.9M50.4M48.5M51.0M
Total Current Liabilities36.7M82.9M105.8M78.9M142.2M149.3M
Total Stockholder Equity290.8M462.3M279.6M126.6M(99.2M)(94.3M)
Other Liab1.0M29.7M57.2M109.2M125.5M131.8M
Property Plant And Equipment Net68.2M62.8M79.9M74.3M58.8M42.2M
Net Debt(60.2M)(187.4M)(80.6M)(21.2M)32.0M33.6M
Retained Earnings(818.0M)(1.1B)(1.5B)(1.7B)(2.0B)(1.9B)
Accounts Payable8.0M7.1M17.4M6.9M3.7M6.1M
Cash74.3M200.4M106.1M92.9M25.8M24.5M
Non Current Assets Total70.0M64.8M83.5M81.3M63.6M44.3M
Non Currrent Assets Other567K827K2.4M7.0M4.8M5.1M
Other Assets1.8M14.3M3.6M7.0M1.00.95
Cash And Short Term Investments259.1M500.7M371.1M242.8M51.7M49.1M
Common Stock Total Equity6K8K9K10K11.5K12.1K
Common Stock Shares Outstanding51.3M3.0M3.7M4.1M4.2M4.0M
Liabilities And Stockholders Equity342.9M588.1M468.1M376.4M165.5M302.7M
Non Current Liabilities Total15.4M42.9M82.7M170.9M122.5M128.6M
Other Current Assets13.9M21.4M12.6M10.5M6.3M8.6M
Other Stockholder Equity1.1B1.6B1.7B1.8B1.9B952.6M
Total Liab52.2M125.8M188.5M249.8M264.7M278.0M
Property Plant And Equipment Gross68.2M62.8M79.9M74.3M74.7M43.7M
Total Current Assets273.0M523.3M384.6M295.1M101.9M96.8M
Accumulated Other Comprehensive Income220K296K(368K)(2.1M)(204K)(214.2K)
Common Stock6K8K9K10K11K5.7K
Property Plant Equipment54.2M50.5M79.9M6.3M7.2M6.9M
Net Tangible Assets290.8M462.3M279.6M126.6M145.6M287.0M
Retained Earnings Total Equity(818.0M)(1.1B)(1.5B)(1.7B)(1.5B)(1.4B)
Short Term Investments184.8M300.3M265.0M149.9M25.9M24.6M
Capital Surpluse1.1B1.6B1.7B1.8B2.1B1.1B
Non Current Liabilities Other15.4M42.9M1.5M170.9M39.3M36.2M
Short Long Term Debt Total14.1M13.0M25.5M71.7M57.9M60.8M
Current Deferred Revenue21.5M33.5M40.8M8M77.8M81.7M
Net Invested Capital290.8M462.3M279.6M126.6M(99.2M)(94.3M)
Net Working Capital236.2M440.4M278.8M216.2M(40.4M)(38.3M)
Short Term Debt1.6M2.0M2.8M13.6M12.2M12.8M
Capital Stock6K8K9K10K11K9.0K

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When determining whether Atara Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atara Biotherapeutics' 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 Atara Biotherapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atara Biotherapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology 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 Atara Biotherapeutics. If investors know Atara 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 Atara Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(25.32)
Revenue Per Share
12.263
Quarterly Revenue Growth
28.927
Return On Assets
(0.57)
Return On Equity
(20.15)
The market value of Atara Biotherapeutics is measured differently than its book value, which is the value of Atara that is recorded on the company's balance sheet. Investors also form their own opinion of Atara Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Atara Biotherapeutics' 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 Atara Biotherapeutics' market value can be influenced by many factors that don't directly affect Atara Biotherapeutics' 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 Atara Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atara Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atara Biotherapeutics' 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.