Aterian Total Revenue vs Total Current Assets 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 Revenue and its Total Current Assets 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 Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aterian Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aterian's Total Revenue and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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 Revenue and Total Current Assets 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 Revenue of Aterian are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Aterian's Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Aterian generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.
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 Amortization7.3M7.5M3.9M3.1M
Interest Income595K93K640K672K

Aterian fundamental ratios Correlations

0.620.890.90.910.50.150.610.610.21-0.470.720.690.980.10.760.640.690.930.4-0.080.280.910.990.670.74
0.620.50.850.260.92-0.54-0.20.30.79-0.10.630.530.590.010.860.450.530.530.08-0.190.910.470.670.20.98
0.890.50.810.870.370.420.590.83-0.03-0.750.590.870.820.420.50.850.870.90.70.250.130.930.860.830.61
0.90.850.810.670.67-0.120.220.540.43-0.350.850.770.840.030.790.60.770.770.29-0.190.560.830.920.520.93
0.910.260.870.670.190.50.850.66-0.13-0.590.510.610.910.230.490.630.610.910.530.11-0.110.90.880.750.41
0.50.920.370.670.19-0.57-0.160.270.83-0.140.30.350.530.170.880.490.350.530.130.00.930.270.560.180.87
0.15-0.540.42-0.120.5-0.570.720.6-0.87-0.71-0.140.350.10.52-0.470.420.350.280.70.53-0.790.350.10.66-0.44
0.61-0.20.590.220.85-0.160.720.54-0.46-0.590.090.30.640.290.150.470.30.690.540.27-0.480.570.550.73-0.06
0.610.30.830.540.660.270.60.54-0.23-0.960.220.840.530.760.210.950.840.740.950.59-0.010.680.610.910.36
0.210.79-0.030.43-0.130.83-0.87-0.46-0.230.40.26-0.10.28-0.190.76-0.03-0.10.17-0.4-0.260.92-0.020.28-0.340.7
-0.47-0.1-0.75-0.35-0.59-0.14-0.71-0.59-0.960.4-0.02-0.75-0.4-0.8-0.05-0.92-0.75-0.65-0.99-0.670.15-0.54-0.45-0.93-0.17
0.720.630.590.850.510.3-0.140.090.220.26-0.020.610.63-0.380.530.180.610.44-0.05-0.560.330.740.730.230.73
0.690.530.870.770.610.350.350.30.84-0.1-0.750.610.550.370.330.811.00.650.720.140.20.80.680.780.61
0.980.590.820.840.910.530.10.640.530.28-0.40.630.550.090.810.580.550.940.33-0.050.290.840.970.60.7
0.10.010.420.030.230.170.520.290.76-0.19-0.8-0.380.370.09-0.090.770.370.420.840.96-0.060.160.120.6-0.01
0.760.860.50.790.490.88-0.470.150.210.76-0.050.530.330.81-0.090.380.330.70.01-0.240.760.510.790.230.88
0.640.450.850.60.630.490.420.470.95-0.03-0.920.180.810.580.770.380.810.80.910.60.210.640.630.880.5
0.690.530.870.770.610.350.350.30.84-0.1-0.750.611.00.550.370.330.810.650.720.140.20.80.680.780.61
0.930.530.90.770.910.530.280.690.740.17-0.650.440.650.940.420.70.80.650.60.270.230.830.930.770.63
0.40.080.70.290.530.130.70.540.95-0.4-0.99-0.050.720.330.840.010.910.720.60.72-0.150.490.380.890.13
-0.08-0.190.25-0.190.110.00.530.270.59-0.26-0.67-0.560.14-0.050.96-0.240.60.140.270.72-0.19-0.01-0.070.46-0.22
0.280.910.130.56-0.110.93-0.79-0.48-0.010.920.150.330.20.29-0.060.760.210.20.23-0.15-0.190.080.34-0.120.83
0.910.470.930.830.90.270.350.570.68-0.02-0.540.740.80.840.160.510.640.80.830.49-0.010.080.890.650.6
0.990.670.860.920.880.560.10.550.610.28-0.450.730.680.970.120.790.630.680.930.38-0.070.340.890.630.78
0.670.20.830.520.750.180.660.730.91-0.34-0.930.230.780.60.60.230.880.780.770.890.46-0.120.650.630.3
0.740.980.610.930.410.87-0.44-0.060.360.7-0.170.730.610.7-0.010.880.50.610.630.13-0.220.830.60.780.3
Click cells to compare fundamentals

Aterian Account Relationship Matchups

Aterian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets74.4M157.5M312.1M156.4M61.9M58.8M
Short Long Term Debt Total35.1M86.5M40.4M22.7M12.1M11.5M
Other Current Liab7.5M9.4M16.5M12.1M9.1M10.7M
Total Current Liabilities53.2M74.7M81.0M53.0M25.4M24.2M
Total Stockholder Equity10.7M23.4M225.5M102.0M36.0M64.6M
Other Liab4K22.9M5.6M1.5M1.7M1.6M
Net Tangible Assets9.7M(55.4M)42.1M47.2M54.3M57.0M
Property Plant And Equipment Net175K169K1.3M853K775K626.7K
Net Debt4.8M59.8M10.1M(20.8M)(9.9M)(9.4M)
Retained Earnings(114.4M)(192.9M)(427.7M)(625.3M)(699.8M)(664.8M)
Accounts Payable21.1M14.9M21.7M16.0M4.2M4.0M
Cash30.4M26.7M30.3M43.6M22.1M28.0M
Non Current Assets Total1.4M82.3M187.2M56.4M12.2M11.6M
Non Currrent Assets Other175K3.3M2.5M813K11.3M11.9M
Other Assets175K3.3M2.5M813K1.00.95
Cash And Short Term Investments30.4M26.7M30.3M43.6M22.1M28.0M
Net Receivables1.1M5.7M10.5M4.5M4.2M4.5M
Common Stock Total Equity2K3K5K8K9.2K9.7K
Common Stock Shares Outstanding1.1M19.0M20.8M5.5M78.2M82.1M
Liabilities And Stockholders Equity74.4M157.5M312.1M156.4M61.9M58.8M
Non Current Liabilities Total10.5M59.3M5.6M1.5M391K371.5K
Inventory36.2M31.6M63.0M43.7M20.4M38.7M
Other Current Assets5.4M11.1M21.0M8.3M3.0M2.8M
Other Stockholder Equity125.0M216.3M653.7M728.3M736.7M406.0M
Total Liab63.7M134.1M86.6M54.5M25.8M24.5M
Net Invested Capital45.9M109.9M266.0M124.7M48.2M45.8M
Property Plant And Equipment Gross175K169K1.8M1.9M1.3M956.4K
Short Long Term Debt24.7M50.0M40.4M22.7M12.1M11.5M
Total Current Assets73.0M75.2M124.9M100.0M49.6M80.2M
Accumulated Other Comprehensive Income57K9K(468K)(1.1M)(838K)(796.1K)
Non Current Liabilities Other4K22.9M5.6M1.5M391K371.5K
Net Working Capital19.8M426K43.9M47.0M24.2M26.0M
Short Term Debt24.7M50.0M40.4M22.7M12.1M11.5M
Common Stock2K3K5K8K9K4.6K
Property Plant Equipment175K169K1.3M853K981.0K589.1K
Capital Stock2K3K5K8K9K5.1K

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

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  0.51NCL Northann CorpPairCorr
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.
Pair CorrelationCorrelation Matching

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.