Aterian Total Current Assets vs Total Current Liabilities Analysis
ATER Stock | USD 2.60 0.15 5.45% |
Aterian financial indicator trend analysis is way more than just evaluating Aterian prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aterian is a good investment. Please check the relationship between Aterian Total Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aterian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Aterian Stock, please use our How to Invest in Aterian guide.
Total Current Assets vs Total Current Liabilities
Total Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aterian Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aterian's Total Current Assets and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Aterian, assuming nothing else is changed. The correlation between historical values of Aterian's Total Current 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 Total Current Assets of Aterian 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 Total Current Assets i.e., Aterian's Total Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Current Liabilities
Total Current Liabilities is an item on Aterian balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aterian 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 Aterian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aterian 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 Aterian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Aterian Stock, please use our How to Invest in Aterian guide.At this time, Aterian's Selling General Administrative is relatively stable compared to the past year. As of 12/04/2024, Issuance Of Capital Stock is likely to grow to about 25.9 M, while Enterprise Value Over EBITDA is likely to drop (0.29).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 7.3M | 7.5M | 3.9M | 3.1M | Interest Income | 595K | 93K | 640K | 672K |
Aterian fundamental ratios Correlations
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Aterian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aterian fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 74.4M | 157.5M | 312.1M | 156.4M | 61.9M | 58.8M | |
Short Long Term Debt Total | 35.1M | 86.5M | 40.4M | 22.7M | 12.1M | 11.5M | |
Other Current Liab | 7.5M | 9.4M | 16.5M | 12.1M | 9.1M | 10.7M | |
Total Current Liabilities | 53.2M | 74.7M | 81.0M | 53.0M | 25.4M | 24.2M | |
Total Stockholder Equity | 10.7M | 23.4M | 225.5M | 102.0M | 36.0M | 64.6M | |
Other Liab | 4K | 22.9M | 5.6M | 1.5M | 1.7M | 1.6M | |
Net Tangible Assets | 9.7M | (55.4M) | 42.1M | 47.2M | 54.3M | 57.0M | |
Property Plant And Equipment Net | 175K | 169K | 1.3M | 853K | 775K | 626.7K | |
Net Debt | 4.8M | 59.8M | 10.1M | (20.8M) | (9.9M) | (9.4M) | |
Retained Earnings | (114.4M) | (192.9M) | (427.7M) | (625.3M) | (699.8M) | (664.8M) | |
Accounts Payable | 21.1M | 14.9M | 21.7M | 16.0M | 4.2M | 4.0M | |
Cash | 30.4M | 26.7M | 30.3M | 43.6M | 22.1M | 28.0M | |
Non Current Assets Total | 1.4M | 82.3M | 187.2M | 56.4M | 12.2M | 11.6M | |
Non Currrent Assets Other | 175K | 3.3M | 2.5M | 813K | 11.3M | 11.9M | |
Other Assets | 175K | 3.3M | 2.5M | 813K | 1.0 | 0.95 | |
Cash And Short Term Investments | 30.4M | 26.7M | 30.3M | 43.6M | 22.1M | 28.0M | |
Net Receivables | 1.1M | 5.7M | 10.5M | 4.5M | 4.2M | 4.5M | |
Common Stock Total Equity | 2K | 3K | 5K | 8K | 9.2K | 9.7K | |
Common Stock Shares Outstanding | 1.1M | 19.0M | 20.8M | 5.5M | 78.2M | 82.1M | |
Liabilities And Stockholders Equity | 74.4M | 157.5M | 312.1M | 156.4M | 61.9M | 58.8M | |
Non Current Liabilities Total | 10.5M | 59.3M | 5.6M | 1.5M | 391K | 371.5K | |
Inventory | 36.2M | 31.6M | 63.0M | 43.7M | 20.4M | 38.7M | |
Other Current Assets | 5.4M | 11.1M | 21.0M | 8.3M | 3.0M | 2.8M | |
Other Stockholder Equity | 125.0M | 216.3M | 653.7M | 728.3M | 736.7M | 406.0M | |
Total Liab | 63.7M | 134.1M | 86.6M | 54.5M | 25.8M | 24.5M | |
Net Invested Capital | 45.9M | 109.9M | 266.0M | 124.7M | 48.2M | 45.8M | |
Property Plant And Equipment Gross | 175K | 169K | 1.8M | 1.9M | 1.3M | 956.4K | |
Short Long Term Debt | 24.7M | 50.0M | 40.4M | 22.7M | 12.1M | 11.5M | |
Total Current Assets | 73.0M | 75.2M | 124.9M | 100.0M | 49.6M | 80.2M | |
Accumulated Other Comprehensive Income | 57K | 9K | (468K) | (1.1M) | (838K) | (796.1K) | |
Non Current Liabilities Other | 4K | 22.9M | 5.6M | 1.5M | 391K | 371.5K | |
Net Working Capital | 19.8M | 426K | 43.9M | 47.0M | 24.2M | 26.0M | |
Short Term Debt | 24.7M | 50.0M | 40.4M | 22.7M | 12.1M | 11.5M | |
Common Stock | 2K | 3K | 5K | 8K | 9K | 4.6K | |
Property Plant Equipment | 175K | 169K | 1.3M | 853K | 981.0K | 589.1K | |
Capital Stock | 2K | 3K | 5K | 8K | 9K | 5.1K |
Pair Trading with Aterian
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aterian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aterian will appreciate offsetting losses from the drop in the long position's value.Moving against Aterian Stock
0.74 | WHR | Whirlpool | PairCorr |
0.69 | LOVE | Lovesac | PairCorr |
0.65 | FLXS | Flexsteel Industries | PairCorr |
0.54 | H | Hyatt Hotels | PairCorr |
0.51 | NCL | Northann Corp | PairCorr |
The ability to find closely correlated positions to Aterian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aterian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aterian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aterian to buy it.
The correlation of Aterian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aterian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aterian moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aterian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Aterian Stock Analysis
When running Aterian's price analysis, check to measure Aterian'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 Aterian is operating at the current time. Most of Aterian's value examination focuses on studying past and present price action to predict the probability of Aterian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aterian's price. Additionally, you may evaluate how the addition of Aterian to your portfolios can decrease your overall portfolio volatility.