Atalaya Intangible Assets vs Total Current Liabilities Analysis

ATYM Stock   351.00  1.00  0.29%   
Atalaya Mining financial indicator trend analysis is way more than just evaluating Atalaya Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atalaya Mining is a good investment. Please check the relationship between Atalaya Mining Intangible Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atalaya Mining. 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 Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atalaya Mining Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Atalaya Mining's Intangible Assets and Total Current Liabilities is 0.63. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Atalaya Mining, assuming nothing else is changed. The correlation between historical values of Atalaya Mining's Intangible Assets and Total Current Liabilities 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 Atalaya Mining are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Intangible Assets i.e., Atalaya Mining's Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Atalaya Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Atalaya Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Atalaya Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atalaya Mining 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 Atalaya Mining. 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.
Selling General Administrative is likely to gain to about 16.3 M in 2024, despite the fact that Tax Provision is likely to grow to (541.5 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses14.5M18.3M20.6M10.3M
Cost Of Revenue224.3M322.4M284.4M298.7M

Atalaya Mining fundamental ratios Correlations

0.30.941.00.99-0.840.760.940.860.990.650.860.790.920.83-0.330.930.830.980.990.940.80.980.710.710.35
0.30.410.280.35-0.20.10.30.060.340.040.060.520.30.38-0.050.360.360.340.240.180.330.360.33-0.090.29
0.940.410.930.92-0.790.70.920.840.920.660.850.750.850.75-0.160.870.770.960.930.910.730.920.630.710.42
1.00.280.930.99-0.850.790.920.870.980.650.870.770.910.8-0.360.920.810.960.990.950.780.980.670.730.33
0.990.350.920.99-0.790.70.940.791.00.630.790.780.940.86-0.330.910.850.970.970.890.831.00.740.620.36
-0.84-0.2-0.79-0.85-0.79-0.7-0.82-0.85-0.8-0.53-0.85-0.59-0.76-0.640.47-0.78-0.67-0.8-0.82-0.87-0.66-0.79-0.56-0.63-0.21
0.760.10.70.790.7-0.70.570.870.680.610.870.50.470.36-0.480.70.350.680.820.860.30.690.20.83-0.12
0.940.30.920.920.94-0.820.570.730.950.60.730.780.950.88-0.30.880.870.960.890.840.870.930.810.530.38
0.860.060.840.870.79-0.850.870.730.770.671.00.550.650.5-0.260.780.550.810.90.970.490.780.350.940.26
0.990.340.920.981.0-0.80.680.950.770.620.770.780.960.87-0.330.910.860.980.960.880.851.00.780.60.36
0.650.040.660.650.63-0.530.610.60.670.620.670.30.560.39-0.160.50.390.640.690.660.40.630.290.620.25
0.860.060.850.870.79-0.850.870.731.00.770.670.550.650.5-0.260.780.550.810.90.970.490.780.350.940.26
0.790.520.750.770.78-0.590.50.780.550.780.30.550.730.85-0.270.930.840.810.720.730.790.780.740.420.4
0.920.30.850.910.94-0.760.470.950.650.960.560.650.730.9-0.240.830.90.920.880.770.920.950.830.450.47
0.830.380.750.80.86-0.640.360.880.50.870.390.50.850.9-0.230.840.980.860.750.660.980.860.930.30.51
-0.33-0.05-0.16-0.36-0.330.47-0.48-0.3-0.26-0.33-0.16-0.26-0.27-0.24-0.23-0.36-0.17-0.26-0.34-0.32-0.2-0.32-0.21-0.090.37
0.930.360.870.920.91-0.780.70.880.780.910.50.780.930.830.84-0.360.830.930.890.90.780.90.740.630.33
0.830.360.770.810.85-0.670.350.870.550.860.390.550.840.90.98-0.170.830.850.760.690.980.850.870.370.61
0.980.340.960.960.97-0.80.680.960.810.980.640.810.810.920.86-0.260.930.850.950.910.820.960.790.650.4
0.990.240.930.990.97-0.820.820.890.90.960.690.90.720.880.75-0.340.890.760.950.960.730.970.60.780.32
0.940.180.910.950.89-0.870.860.840.970.880.660.970.730.770.66-0.320.90.690.910.960.640.880.520.870.29
0.80.330.730.780.83-0.660.30.870.490.850.40.490.790.920.98-0.20.780.980.820.730.640.840.890.280.56
0.980.360.920.981.0-0.790.690.930.781.00.630.780.780.950.86-0.320.90.850.960.970.880.840.740.610.36
0.710.330.630.670.74-0.560.20.810.350.780.290.350.740.830.93-0.210.740.870.790.60.520.890.740.120.39
0.71-0.090.710.730.62-0.630.830.530.940.60.620.940.420.450.3-0.090.630.370.650.780.870.280.610.120.24
0.350.290.420.330.36-0.21-0.120.380.260.360.250.260.40.470.510.370.330.610.40.320.290.560.360.390.24
Click cells to compare fundamentals

Atalaya Mining Account Relationship Matchups

Atalaya Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets443.3M505.0M585.4M663.1M670.6M704.1M
Other Current Liab5.1M57.4M16.4M5.7M5.5M7.9M
Total Current Liabilities60.6M123.3M80.5M145.5M128.7M135.2M
Total Stockholder Equity319.9M353.7M440.8M473.3M501.5M526.6M
Property Plant And Equipment Net307.8M327.2M333.1M354.9M384.7M404.0M
Net Debt(2.0M)(32.4M)(39.1M)(47.8M)(49.9M)(47.4M)
Retained Earnings(30.7M)(15.5M)58.8M70.5M98.0M102.9M
Accounts Payable52.4M63.9M49.7M85.0M70.5M74.0M
Cash7.8M37.8M92.1M126.1M121.0M127.1M
Non Current Assets Total379.1M399.6M402.5M433.5M473.2M496.9M
Non Currrent Assets Other542K2.8M5.4M16.4M38.0M39.9M
Cash And Short Term Investments7.9M37.9M92.1M126.2M121.0M127.1M
Net Receivables17.7M24.3M29.1M27.6M15.2M9.7M
Common Stock Shares Outstanding139.2M140.5M141.5M142.8M144.2M78.0M
Short Term Investments42K86K39K33K30K28.5K
Liabilities And Stockholders Equity443.3M505.0M585.4M663.1M670.6M704.1M
Other Current Assets35.0M44.0M66.0M64.6M43.0M45.1M
Other Stockholder Equity337.2M355.8M368.6M389.2M389.9M218.9M
Total Liab125.9M154.8M149.5M196.8M178.2M187.1M
Property Plant And Equipment Gross307.8M327.2M430.8M482.2M545.3M572.6M
Total Current Assets64.2M105.4M182.9M229.6M197.3M207.2M
Accumulated Other Comprehensive Income17.3M32.3M33.1M47.2M47.9M50.2M
Property Plant Equipment257.4M307.8M327.2M333.1M383.1M402.2M
Intangible Assets63.1M59.8M57.4M53.8M49.4M35.4M
Other Assets8.2M7.1M11.5M10.9M12.5M7.5M
Non Current Liabilities Total65.2M31.5M69.0M51.2M49.4M32.9M
Inventory21.3M23.6M24.8M38.8M33.3M18.3M
Short Term Debt588K592K14.0M53.1M51.1M53.6M
Other Liab59.6M60.0M26.7M30.0M34.5M31.7M
Net Tangible Assets210.2M256.8M293.9M383.4M441.0M463.0M
Net Invested Capital319.9M353.7M488.3M546.7M568.2M440.2M
Net Working Capital3.6M(17.9M)102.4M84.0M68.6M42.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Atalaya Stock Analysis

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