ATS Average Payables vs Capex To Operating Cash Flow Analysis

ATS Stock   29.30  0.15  0.51%   
ATS financial indicator trend analysis is way more than just evaluating ATS Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATS Corporation is a good investment. Please check the relationship between ATS Average Payables and its Capex To Operating Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATS Corporation. 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.

Average Payables vs Capex To Operating Cash Flow

Average Payables vs Capex To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATS Corporation Average Payables account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ATS's Average Payables and Capex To Operating Cash Flow is -0.58. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Capex To Operating Cash Flow in the same time period over historical financial statements of ATS Corporation, assuming nothing else is changed. The correlation between historical values of ATS's Average Payables and Capex To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of ATS Corporation are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Average Payables i.e., ATS's Average Payables and Capex To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Capex To Operating Cash Flow

Most indicators from ATS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATS Corporation 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 Corporation. 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.
At this time, ATS's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 437.2 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.13 in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue2.6B3.0B3.5B3.7B
Depreciation And Amortization125.5M141.2M162.4M170.5M

ATS fundamental ratios Correlations

0.990.860.990.980.970.970.980.970.21.0-0.420.190.990.460.990.980.950.020.990.990.960.980.990.99-0.47
0.990.820.980.930.970.990.970.970.170.99-0.480.160.970.381.00.980.960.071.00.970.950.970.990.99-0.4
0.860.820.840.870.880.840.870.75-0.040.86-0.46-0.050.860.30.820.880.870.20.830.850.790.860.840.87-0.28
0.990.980.840.950.980.970.970.990.140.99-0.440.140.980.450.980.990.970.00.990.980.960.990.990.99-0.47
0.980.930.870.950.940.90.960.920.230.96-0.350.220.990.510.930.950.90.030.940.990.920.940.960.95-0.51
0.970.970.880.980.940.970.970.950.060.98-0.470.060.970.380.960.980.980.110.970.960.950.970.960.97-0.4
0.970.990.840.970.90.970.960.950.00.98-0.590.00.950.310.980.980.980.160.980.940.940.960.970.99-0.31
0.980.970.870.970.960.970.960.950.150.98-0.450.140.980.330.970.980.960.170.980.980.960.970.980.98-0.33
0.970.970.750.990.920.950.950.950.190.97-0.420.180.950.470.970.960.94-0.040.980.960.940.960.970.96-0.5
0.20.17-0.040.140.230.060.00.150.190.160.61.00.140.510.20.05-0.05-0.560.170.240.160.110.210.07-0.57
1.00.990.860.990.960.980.980.980.970.16-0.440.160.980.440.990.990.960.021.00.980.960.991.00.99-0.46
-0.42-0.48-0.46-0.44-0.35-0.47-0.59-0.45-0.420.6-0.440.6-0.450.2-0.45-0.54-0.6-0.57-0.45-0.38-0.35-0.46-0.42-0.53-0.28
0.190.16-0.050.140.220.060.00.140.181.00.160.60.130.510.190.04-0.06-0.560.170.240.160.110.20.07-0.56
0.990.970.860.980.990.970.950.980.950.140.98-0.450.130.450.960.980.950.090.970.990.950.970.970.98-0.45
0.460.380.30.450.510.380.310.330.470.510.440.20.510.450.40.360.3-0.690.420.480.390.410.440.4-0.93
0.991.00.820.980.930.960.980.970.970.20.99-0.450.190.960.40.970.950.031.00.970.950.970.990.98-0.42
0.980.980.880.990.950.980.980.980.960.050.99-0.540.040.980.360.970.990.150.980.970.940.980.980.99-0.37
0.950.960.870.970.90.980.980.960.94-0.050.96-0.6-0.060.950.30.950.990.190.960.930.920.970.940.97-0.3
0.020.070.20.00.030.110.160.17-0.04-0.560.02-0.57-0.560.09-0.690.030.150.190.020.020.050.040.010.090.79
0.991.00.830.990.940.970.980.980.980.171.0-0.450.170.970.421.00.980.960.020.980.960.980.990.99-0.44
0.990.970.850.980.990.960.940.980.960.240.98-0.380.240.990.480.970.970.930.020.980.950.970.980.97-0.5
0.960.950.790.960.920.950.940.960.940.160.96-0.350.160.950.390.950.940.920.050.960.950.960.960.95-0.4
0.980.970.860.990.940.970.960.970.960.110.99-0.460.110.970.410.970.980.970.040.980.970.960.980.98-0.43
0.990.990.840.990.960.960.970.980.970.211.0-0.420.20.970.440.990.980.940.010.990.980.960.980.99-0.46
0.990.990.870.990.950.970.990.980.960.070.99-0.530.070.980.40.980.990.970.090.990.970.950.980.99-0.41
-0.47-0.4-0.28-0.47-0.51-0.4-0.31-0.33-0.5-0.57-0.46-0.28-0.56-0.45-0.93-0.42-0.37-0.30.79-0.44-0.5-0.4-0.43-0.46-0.41
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ATS Account Relationship Matchups

ATS fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.2B3.1B3.5B4.1B4.7B4.9B
Short Long Term Debt Total504.8M1.1B1.3B1.3B1.5B1.6B
Other Current Liab299.3M352.2M30.6M432.8M497.7M522.6M
Total Current Liabilities663.6M845.0M1.0B1.0B1.2B1.2B
Total Stockholder Equity895.3M981.6M1.1B1.7B1.9B2.0B
Property Plant And Equipment Net252.9M303.4M357.3M402.6M463.0M486.2M
Net Debt317.3M966.0M1.1B1.1B1.3B1.3B
Retained Earnings297.8M416.8M530.7M724.5M833.2M874.8M
Accounts Payable316.9M422.4M647.6M519.9M597.9M627.8M
Cash187.5M135.3M159.9M170.2M195.7M128.2M
Non Current Assets Total1.3B1.9B2.1B2.3B2.7B2.8B
Non Currrent Assets Other54.2M4.2M4.4M5.9M6.8M6.5M
Cash And Short Term Investments187.5M135.3M159.9M170.2M195.7M125.0M
Net Receivables538.3M686.6M895.8M1.1B1.3B1.4B
Common Stock Shares Outstanding92.4M92.6M92.2M98.6M113.4M82.3M
Liabilities And Stockholders Equity2.2B3.1B3.5B4.1B4.7B4.9B
Non Current Liabilities Total627.8M1.2B1.4B1.4B1.6B1.7B
Inventory138.0M207.9M256.9M295.9M340.3M357.3M
Other Current Assets66.4M116.7M139.4M145.6M167.4M175.8M
Other Stockholder Equity11.2M11.7M15.5M26.1M23.5M22.3M
Total Liab1.3B2.1B2.4B2.4B2.8B2.9B
Total Current Assets930.2M1.1B1.5B1.8B2.0B2.1B
Accumulated Other Comprehensive Income59.8M22.8M60.0M64.2M73.8M77.5M
Short Term Debt16.4M21.8M29.9M31.8M36.6M38.4M
Current Deferred Revenue218.3M248.3M296.6M312.2M359.0M377.0M
Good Will667.0M1.0B1.1B1.2B1.4B1.5B
Intangible Assets282.2M568.2M593.2M679.5M781.5M820.6M
Common Stock526.4M530.2M520.6M865.9M995.8M600.9M
Long Term Debt430.6M1.0B1.2B1.2B1.3B962.0M
Capital Lease Obligations73.0M82.8M97.2M111.4M128.1M94.0M
Net Invested Capital1.3B2.0B2.3B2.9B3.3B2.2B
Property Plant And Equipment Gross340.6M394.0M466.9M528.5M607.8M444.8M
Short Long Term Debt1.2M1.8M5.9M4.2M4.9M3.9M
Capital Stock526.4M530.2M520.6M865.9M995.8M652.3M
Net Working Capital263.3M301.5M408.4M724.5M833.2M488.3M

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Additional Tools for ATS Stock Analysis

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