Atour Accounts Payable vs Short Term Investments Analysis
ATAT Stock | 25.15 0.32 1.29% |
Atour Lifestyle financial indicator trend analysis is way more than just evaluating Atour Lifestyle Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atour Lifestyle Holdings is a good investment. Please check the relationship between Atour Lifestyle Accounts Payable and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atour Lifestyle Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Accounts Payable vs Short Term Investments
Accounts Payable vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atour Lifestyle Holdings Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Atour Lifestyle's Accounts Payable and Short Term Investments is 0.99. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Atour Lifestyle Holdings, assuming nothing else is changed. The correlation between historical values of Atour Lifestyle's Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Atour Lifestyle Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Atour Lifestyle's Accounts Payable and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Atour Lifestyle obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Atour Lifestyle Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Term Investments
Short Term Investments is an item under the current assets section of Atour Lifestyle balance sheet. It contains any investments Atour Lifestyle Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Atour Lifestyle Holdings can easily liquidate in the marketplace.Most indicators from Atour Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atour Lifestyle Holdings 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 Atour Lifestyle Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Tax Provision is likely to gain to about 249.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 279 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 93.9M | 88.6M | 85.0M | 92.8M | Interest Income | 6.7M | 14.5M | 25.8M | 27.1M |
Atour Lifestyle fundamental ratios Correlations
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Atour Lifestyle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Atour Stock Analysis
When running Atour Lifestyle's price analysis, check to measure Atour Lifestyle'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 Atour Lifestyle is operating at the current time. Most of Atour Lifestyle's value examination focuses on studying past and present price action to predict the probability of Atour Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atour Lifestyle's price. Additionally, you may evaluate how the addition of Atour Lifestyle to your portfolios can decrease your overall portfolio volatility.