Atlas Salt Stock Net Income

SALT Stock   0.60  0.03  4.76%   
Atlas Salt fundamentals help investors to digest information that contributes to Atlas Salt's financial success or failures. It also enables traders to predict the movement of Atlas Stock. The fundamental analysis module provides a way to measure Atlas Salt's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Atlas Salt stock.
Last ReportedProjected for Next Year
Net Loss-4.8 M-4.6 M
Net Loss-2.2 M-2.1 M
Net Loss-4.8 M-4.6 M
Net Loss(0.05)(0.05)
Net Income Per E B T 1.14  1.20 
Net Income Per E B T is likely to climb to 1.20 in 2024, despite the fact that Net Loss is likely to grow to (4.6 M).
  
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Atlas Salt Company Net Income Analysis

Atlas Salt's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Atlas Salt Net Income

    
  (4.84 M)  
Most of Atlas Salt's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atlas Salt is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Atlas Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Atlas Salt is extremely important. It helps to project a fair market value of Atlas Stock properly, considering its historical fundamentals such as Net Income. Since Atlas Salt's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Atlas Salt's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Atlas Salt's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Atlas Net Interest Income

Net Interest Income

597,095

At this time, Atlas Salt's Net Interest Income is fairly stable compared to the past year.
Based on the recorded statements, Atlas Salt reported net income of (4.84 Million). This is 59.8% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 100.85% higher than that of the company.

Atlas Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlas Salt's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atlas Salt could also be used in its relative valuation, which is a method of valuing Atlas Salt by comparing valuation metrics of similar companies.
Atlas Salt is currently under evaluation in net income category among its peers.

Atlas Fundamentals

About Atlas Salt Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Atlas Salt's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlas Salt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlas Salt based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Atlas Stock Analysis

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