ATS Intangible Assets vs Retained Earnings Analysis
| ATS Stock | 42.41 2.41 5.38% |
ATS P financial indicator trend analysis is way more than just evaluating ATS P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATS P is a good investment. Please check the relationship between ATS P Intangible Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATS P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Intangible Assets vs Retained Earnings
Intangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATS P Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ATS P's Intangible Assets and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of ATS P, assuming nothing else is changed. The correlation between historical values of ATS P's Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of ATS P are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., ATS P's Intangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from ATS P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATS P 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 ATS P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 27th of November 2024, Enterprise Value is likely to grow to about 5.9 B, while Selling General Administrative is likely to drop about 225.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.2B | 2.6B | 3.0B | 3.2B | Depreciation And Amortization | 115.4M | 125.5M | 141.2M | 148.2M |
ATS P fundamental ratios Correlations
Click cells to compare fundamentals
ATS P Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATS P fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.1B | 2.2B | 3.1B | 3.5B | 4.1B | 4.3B | |
| Short Long Term Debt Total | 665.6M | 504.8M | 1.1B | 1.3B | 1.3B | 1.4B | |
| Other Current Liab | 35.2M | 62.0M | 73.4M | 69.5M | 80.7M | 58.7M | |
| Total Current Liabilities | 462.7M | 663.9M | 845.0M | 1.0B | 1.0B | 1.1B | |
| Total Stockholder Equity | 868.2M | 895.3M | 981.6M | 1.1B | 1.7B | 1.8B | |
| Property Plant And Equipment Net | 197.4M | 263.7M | 303.4M | 357.3M | 402.6M | 422.8M | |
| Net Debt | 306.9M | 317.3M | 966.0M | 1.1B | 1.1B | 1.2B | |
| Retained Earnings | 242.1M | 297.8M | 416.8M | 530.7M | 724.5M | 760.7M | |
| Accounts Payable | 289.3M | 367.3M | 501.5M | 647.6M | 604.5M | 634.7M | |
| Cash | 358.6M | 187.5M | 135.3M | 159.9M | 170.2M | 120.6M | |
| Non Current Assets Total | 1.1B | 1.3B | 1.9B | 2.1B | 2.3B | 2.5B | |
| Non Currrent Assets Other | 64.6M | 53.2M | 627K | 25K | (661.1M) | (628.1M) | |
| Cash And Short Term Investments | 358.6M | 187.5M | 135.3M | 159.9M | 170.2M | 121.8M | |
| Net Receivables | 526.4M | 567.0M | 744.8M | 955.7M | 1.2B | 1.2B | |
| Common Stock Shares Outstanding | 92.5M | 92.4M | 92.6M | 92.2M | 98.6M | 82.3M | |
| Liabilities And Stockholders Equity | 2.1B | 2.2B | 3.1B | 3.5B | 4.1B | 4.3B | |
| Non Current Liabilities Total | 766.3M | 619.5M | 1.2B | 1.4B | 1.4B | 1.4B | |
| Inventory | 68.4M | 135.0M | 207.9M | 256.9M | 295.9M | 310.7M | |
| Other Current Assets | 31.1M | 37.8M | 58.5M | 79.5M | 98.2M | 55.9M | |
| Other Stockholder Equity | (764.0M) | (824.3M) | (947.0M) | (1.1B) | 26.1M | 35.5M | |
| Total Liab | 1.2B | 1.3B | 2.1B | 2.4B | 2.4B | 2.5B | |
| Total Current Assets | 984.6M | 927.2M | 1.1B | 1.5B | 1.8B | 1.8B | |
| Accumulated Other Comprehensive Income | 92.6M | 59.8M | 22.8M | 60.0M | 64.2M | 67.4M | |
| Short Term Debt | 20.4M | 16.4M | 21.8M | 29.9M | 31.8M | 33.4M | |
| Current Deferred Revenue | 117.8M | 218.3M | 248.3M | 296.6M | 312.2M | 327.8M | |
| Good Will | 608.2M | 671.1M | 1.0B | 1.1B | 1.2B | 1.3B | |
| Intangible Assets | 220.2M | 264.7M | 568.2M | 593.2M | 679.5M | 713.5M | |
| Common Stock | 521.9M | 526.4M | 530.2M | 520.6M | 865.9M | 606.7M | |
| Other Assets | 22.9M | 17.0M | 26.6M | 23.0M | 26.5M | 15.8M | |
| Long Term Debt | 598.0M | 430.6M | 1.0B | 1.2B | 1.3B | 1.4B | |
| Long Term Debt Total | 645.2M | 488.4M | 1.1B | 1.2B | 1.4B | 1.5B | |
| Capital Surpluse | 11.7M | 11.2M | 11.7M | 15.5M | 17.8M | 13.7M | |
| Cash And Equivalents | 358.6M | 187.5M | 135.3M | 159.9M | 143.9M | 192.3M | |
| Property Plant Equipment | 197.4M | 263.7M | 303.4M | 357.3M | 410.9M | 215.9M |
Pair Trading with ATS P
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 ATS P 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 ATS P will appreciate offsetting losses from the drop in the long position's value.Moving together with ATS Stock
Moving against ATS Stock
| 0.59 | DELX | DelphX Capital Markets Earnings Call Today | PairCorr |
The ability to find closely correlated positions to ATS P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATS P 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 ATS P - 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 ATS P to buy it.
The correlation of ATS P 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 ATS P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATS P 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 ATS P 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.Other Information on Investing in ATS Stock
Balance Sheet is a snapshot of the financial position of ATS P at a specified time, usually calculated after every quarter, six months, or one year. ATS P Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ATS P 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 ATS currently owns. An asset can also be divided into two categories, current and non-current.