ATS Current Deferred Revenue vs Common Stock Analysis

ATS Stock

32.03 0.75 2.40%

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 Current Deferred Revenue and its Common Stock 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.

Current Deferred Revenue vs Common Stock

Current Deferred Revenue vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATS Corporation Current Deferred Revenue account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between ATS's Current Deferred Revenue and Common Stock is 0.6. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock 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 Current Deferred Revenue and Common 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 Current Deferred Revenue of ATS Corporation are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Current Deferred Revenue i.e., ATS's Current Deferred Revenue and Common Stock go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock

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. Enterprise Value is likely to gain to about 5.9 B in 2024, whereas Tax Provision is likely to drop slightly above 32.5 M in 2024.

	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

Total Revenue Depreciation And Amortization

ATS fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Good Will	Intangible Assets	Short Term Investments
Total Assets		0.98	0.79	0.99	0.97	0.96	0.95	0.98	0.97	0.21	1.0	-0.35	0.21	0.99	0.38	0.98	0.98	0.94	-0.07	0.99	0.99	0.94	0.97	0.99	0.98	-0.5
Short Long Term Debt Total	0.98		0.75	0.97	0.91	0.95	0.98	0.97	0.96	0.17	0.99	-0.42	0.17	0.96	0.29	1.0	0.97	0.94	0.0	0.99	0.96	0.93	0.95	0.99	0.98	-0.4
Other Current Liab	0.79	0.75		0.78	0.8	0.83	0.77	0.82	0.66	-0.08	0.8	-0.4	-0.09	0.8	0.16	0.75	0.83	0.82	0.15	0.77	0.77	0.71	0.8	0.77	0.81	-0.27
Total Current Liabilities	0.99	0.97	0.78		0.93	0.97	0.96	0.96	0.98	0.14	0.99	-0.38	0.14	0.97	0.38	0.97	0.98	0.96	-0.08	0.99	0.97	0.94	0.99	0.98	0.98	-0.49
Total Stockholder Equity	0.97	0.91	0.8	0.93		0.91	0.87	0.94	0.9	0.26	0.95	-0.25	0.26	0.98	0.45	0.91	0.93	0.86	-0.07	0.93	0.98	0.9	0.92	0.94	0.93	-0.57
Property Plant And Equipment Net	0.96	0.95	0.83	0.97	0.91		0.96	0.95	0.94	0.05	0.96	-0.41	0.05	0.96	0.29	0.95	0.98	0.97	0.04	0.96	0.95	0.93	0.95	0.94	0.96	-0.41
Net Debt	0.95	0.98	0.77	0.96	0.87	0.96		0.95	0.94	-0.02	0.97	-0.55	-0.02	0.94	0.19	0.97	0.98	0.97	0.11	0.97	0.92	0.91	0.95	0.96	0.98	-0.3
Retained Earnings	0.98	0.97	0.82	0.96	0.94	0.95	0.95		0.93	0.15	0.97	-0.38	0.15	0.97	0.21	0.96	0.98	0.94	0.11	0.97	0.97	0.95	0.96	0.97	0.97	-0.33
Accounts Payable	0.97	0.96	0.66	0.98	0.9	0.94	0.94	0.93		0.2	0.97	-0.34	0.19	0.94	0.4	0.97	0.95	0.92	-0.13	0.98	0.95	0.93	0.95	0.96	0.95	-0.51
Cash	0.21	0.17	-0.08	0.14	0.26	0.05	-0.02	0.15	0.2		0.17	0.64	1.0	0.15	0.52	0.21	0.03	-0.09	-0.59	0.18	0.27	0.17	0.11	0.22	0.06	-0.56
Non Current Assets Total	1.0	0.99	0.8	0.99	0.95	0.96	0.97	0.97	0.97	0.17		-0.38	0.17	0.98	0.36	0.99	0.98	0.95	-0.06	1.0	0.98	0.95	0.98	1.0	0.99	-0.48
Non Currrent Assets Other	-0.35	-0.42	-0.4	-0.38	-0.25	-0.41	-0.55	-0.38	-0.34	0.64	-0.38		0.64	-0.38	0.32	-0.39	-0.49	-0.56	-0.56	-0.39	-0.3	-0.26	-0.39	-0.35	-0.48	-0.32
Cash And Short Term Investments	0.21	0.17	-0.09	0.14	0.26	0.05	-0.02	0.15	0.19	1.0	0.17	0.64		0.14	0.52	0.2	0.03	-0.09	-0.59	0.18	0.27	0.16	0.11	0.22	0.06	-0.56
Net Receivables	0.99	0.96	0.8	0.97	0.98	0.96	0.94	0.97	0.94	0.15	0.98	-0.38	0.14		0.37	0.95	0.97	0.93	0.01	0.96	0.99	0.94	0.96	0.97	0.97	-0.48
Common Stock Shares Outstanding	0.38	0.29	0.16	0.38	0.45	0.29	0.19	0.21	0.4	0.52	0.36	0.32	0.52	0.37		0.31	0.25	0.18	-0.83	0.34	0.42	0.3	0.33	0.36	0.31	-0.97
Non Current Liabilities Total	0.98	1.0	0.75	0.97	0.91	0.95	0.97	0.96	0.97	0.21	0.99	-0.39	0.2	0.95	0.31		0.96	0.93	-0.04	1.0	0.96	0.93	0.96	0.99	0.98	-0.43
Inventory	0.98	0.97	0.83	0.98	0.93	0.98	0.98	0.98	0.95	0.03	0.98	-0.49	0.03	0.97	0.25	0.96		0.99	0.09	0.98	0.96	0.92	0.98	0.97	0.99	-0.37
Other Current Assets	0.94	0.94	0.82	0.96	0.86	0.97	0.97	0.94	0.92	-0.09	0.95	-0.56	-0.09	0.93	0.18	0.93	0.99		0.14	0.95	0.91	0.89	0.95	0.92	0.97	-0.29
Other Stockholder Equity	-0.07	0.0	0.15	-0.08	-0.07	0.04	0.11	0.11	-0.13	-0.59	-0.06	-0.56	-0.59	0.01	-0.83	-0.04	0.09	0.14		-0.06	-0.07	-0.03	-0.04	-0.08	0.01	0.8
Total Liab	0.99	0.99	0.77	0.99	0.93	0.96	0.97	0.97	0.98	0.18	1.0	-0.39	0.18	0.96	0.34	1.0	0.98	0.95	-0.06		0.97	0.94	0.98	0.99	0.99	-0.46
Total Current Assets	0.99	0.96	0.77	0.97	0.98	0.95	0.92	0.97	0.95	0.27	0.98	-0.3	0.27	0.99	0.42	0.96	0.96	0.91	-0.07	0.97		0.93	0.95	0.97	0.96	-0.54
Short Term Debt	0.94	0.93	0.71	0.94	0.9	0.93	0.91	0.95	0.93	0.17	0.95	-0.26	0.16	0.94	0.3	0.93	0.92	0.89	-0.03	0.94	0.93		0.94	0.94	0.93	-0.41
Current Deferred Revenue	0.97	0.95	0.8	0.99	0.92	0.95	0.95	0.96	0.95	0.11	0.98	-0.39	0.11	0.96	0.33	0.96	0.98	0.95	-0.04	0.98	0.95	0.94		0.97	0.97	-0.44
Good Will	0.99	0.99	0.77	0.98	0.94	0.94	0.96	0.97	0.96	0.22	1.0	-0.35	0.22	0.97	0.36	0.99	0.97	0.92	-0.08	0.99	0.97	0.94	0.97		0.98	-0.47
Intangible Assets	0.98	0.98	0.81	0.98	0.93	0.96	0.98	0.97	0.95	0.06	0.99	-0.48	0.06	0.97	0.31	0.98	0.99	0.97	0.01	0.99	0.96	0.93	0.97	0.98		-0.42
Short Term Investments	-0.5	-0.4	-0.27	-0.49	-0.57	-0.41	-0.3	-0.33	-0.51	-0.56	-0.48	-0.32	-0.56	-0.48	-0.97	-0.43	-0.37	-0.29	0.8	-0.46	-0.54	-0.41	-0.44	-0.47	-0.42

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ATS Account Relationship Matchups

ATS 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	31.5M	299.3M	352.2M	30.6M	432.8M	454.4M
Total Current Liabilities	462.7M	663.6M	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	252.9M	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	293.0M	316.9M	422.4M	647.6M	519.9M	545.9M
Cash	358.6M	187.5M	135.3M	159.9M	170.2M	128.2M
Non Current Assets Total	1.1B	1.3B	1.9B	2.1B	2.3B	2.5B
Non Currrent Assets Other	70.6M	54.2M	4.2M	4.4M	5.9M	5.6M
Cash And Short Term Investments	358.6M	187.5M	135.3M	159.9M	170.2M	125.0M
Net Receivables	526.4M	538.3M	686.6M	895.8M	1.1B	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	627.8M	1.2B	1.4B	1.4B	1.4B
Inventory	68.4M	138.0M	207.9M	256.9M	295.9M	310.7M
Other Current Assets	14.5M	66.4M	116.7M	139.4M	145.6M	152.9M
Other Stockholder Equity	11.7M	11.2M	11.7M	15.5M	26.1M	24.8M
Total Liab	1.2B	1.3B	2.1B	2.4B	2.4B	2.5B
Total Current Assets	984.6M	930.2M	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	667.0M	1.0B	1.1B	1.2B	1.3B
Intangible Assets	220.2M	282.2M	568.2M	593.2M	679.5M	713.5M
Common Stock	521.9M	526.4M	530.2M	520.6M	865.9M	600.9M

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