ATS Free Cash Flow Per Share vs Free Cash Flow Yield Analysis

ATS Stock

30.99 0.87 2.89%

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 Free Cash Flow Per Share and its Free Cash Flow Yield 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.

Free Cash Flow Per Share vs Free Cash Flow Yield

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATS Corporation Free Cash Flow Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ATS's Free Cash Flow Per Share and Free Cash Flow Yield is 0.82. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield 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 Free Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of ATS Corporation are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow Per Share i.e., ATS's Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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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