ATI Short Long Term Debt vs Net Debt Analysis

ATIP Stock

USD 1.53 0.14 8.38%

ATI Physical financial indicator trend analysis is way more than just evaluating ATI Physical Therapy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATI Physical Therapy is a good investment. Please check the relationship between ATI Physical Short Long Term Debt and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATI Physical Therapy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Short Long Term Debt vs Net Debt

Short Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATI Physical Therapy Short Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between ATI Physical's Short Long Term Debt and Net Debt is 0.65. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of ATI Physical Therapy, assuming nothing else is changed. The correlation between historical values of ATI Physical's Short Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of ATI Physical Therapy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Long Term Debt i.e., ATI Physical's Short Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from ATI Physical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATI Physical Therapy 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 ATI Physical Therapy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, ATI Physical's Selling General Administrative is relatively stable compared to the past year. As of 11/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.21, while Tax Provision is likely to drop (5 M).

	2021	2022	2023	2024 (projected)
Gross Profit	110.4M	75.1M	96.8M	96.4M
Total Revenue	627.9M	635.7M	699.0M	534.4M

Gross Profit Total Revenue

ATI Physical fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.98	0.89	-0.68	0.97	0.95	-0.88	-0.6	0.99	0.98	-0.81	0.01	1.0	0.39	0.63	0.01	0.25	0.97	-0.98	0.97	-0.93	-0.88	-0.85	0.96	0.02	-0.84
Short Long Term Debt Total	0.98		0.9	-0.65	0.95	0.92	-0.91	-0.58	0.99	0.96	-0.82	0.1	0.98	0.29	0.64	0.1	0.22	0.97	-0.95	0.99	-0.91	-0.82	-0.89	0.98	0.16	-0.82
Other Current Liab	0.89	0.9		-0.58	0.86	0.79	-0.93	-0.67	0.91	0.87	-0.76	-0.07	0.89	0.55	0.29	-0.07	0.6	0.89	-0.85	0.86	-0.78	-0.83	-0.8	0.85	0.04	-0.82
Total Current Liabilities	-0.68	-0.65	-0.58		-0.76	-0.77	0.77	0.92	-0.74	-0.79	0.93	0.54	-0.7	-0.06	-0.71	0.54	-0.36	-0.79	0.77	-0.63	0.82	0.42	0.82	-0.55	0.47	0.94
Total Stockholder Equity	0.97	0.95	0.86	-0.76		0.99	-0.86	-0.7	0.98	1.0	-0.82	-0.17	0.98	0.41	0.7	-0.17	0.3	0.99	-0.99	0.91	-0.98	-0.88	-0.82	0.89	-0.13	-0.88
Other Liab	0.95	0.92	0.79	-0.77	0.99		-0.81	-0.69	0.95	0.98	-0.81	-0.2	0.96	0.37	0.77	-0.2	0.22	0.98	-0.98	0.88	-0.99	-0.85	-0.79	0.86	-0.17	-0.86
Net Tangible Assets	-0.88	-0.91	-0.93	0.77	-0.86	-0.81		0.79	-0.93	-0.89	0.94	0.11	-0.88	-0.26	-0.48	0.11	-0.5	-0.92	0.87	-0.89	0.82	0.66	0.96	-0.86	-0.02	0.93
Property Plant And Equipment Net	-0.6	-0.58	-0.67	0.92	-0.7	-0.69	0.79		-0.69	-0.72	0.87	0.69	-0.63	-0.28	-0.46	0.69	-0.67	-0.74	0.69	-0.52	0.73	0.45	0.73	-0.44	0.54	0.92
Net Debt	0.99	0.99	0.91	-0.74	0.98	0.95	-0.93	-0.69		0.99	-0.87	-0.06	0.98	0.34	0.65	-0.06	0.31	0.99	-0.97	0.96	-0.95	-0.83	-0.9	0.94	0.01	-0.89
Retained Earnings	0.98	0.96	0.87	-0.79	1.0	0.98	-0.89	-0.72	0.99		-0.87	-0.15	0.98	0.35	0.72	-0.15	0.29	1.0	-0.99	0.94	-0.98	-0.84	-0.87	0.91	-0.1	-0.9
Accounts Payable	-0.81	-0.82	-0.76	0.93	-0.82	-0.81	0.94	0.87	-0.87	-0.87		0.27	-0.81	-0.04	-0.67	0.27	-0.37	-0.88	0.83	-0.81	0.85	0.5	0.97	-0.76	0.15	0.96
Cash	0.01	0.1	-0.07	0.54	-0.17	-0.2	0.11	0.69	-0.06	-0.15	0.27		-0.03	-0.34	-0.09	1.0	-0.59	-0.15	0.15	0.19	0.23	0.08	0.03	0.27	0.93	0.42
Non Current Assets Total	1.0	0.98	0.89	-0.7	0.98	0.96	-0.88	-0.63	0.98	0.98	-0.81	-0.03		0.41	0.64	-0.03	0.27	0.98	-0.99	0.96	-0.94	-0.88	-0.85	0.94	-0.03	-0.86
Non Currrent Assets Other	0.39	0.29	0.55	-0.06	0.41	0.37	-0.26	-0.28	0.34	0.35	-0.04	-0.34	0.41		-0.24	-0.34	0.66	0.35	-0.42	0.21	-0.3	-0.75	0.0	0.21	-0.4	-0.3
Other Assets	0.63	0.64	0.29	-0.71	0.7	0.77	-0.48	-0.46	0.65	0.72	-0.67	-0.09	0.64	-0.24		-0.09	-0.32	0.69	-0.67	0.64	-0.8	-0.37	-0.64	0.62	-0.07	-0.58
Cash And Short Term Investments	0.01	0.1	-0.07	0.54	-0.17	-0.2	0.11	0.69	-0.06	-0.15	0.27	1.0	-0.03	-0.34	-0.09		-0.59	-0.15	0.15	0.19	0.23	0.08	0.03	0.27	0.93	0.42
Net Receivables	0.25	0.22	0.6	-0.36	0.3	0.22	-0.5	-0.67	0.31	0.29	-0.37	-0.59	0.27	0.66	-0.32	-0.59		0.32	-0.29	0.13	-0.22	-0.37	-0.27	0.09	-0.44	-0.52
Good Will	0.97	0.97	0.89	-0.79	0.99	0.98	-0.92	-0.74	0.99	1.0	-0.88	-0.15	0.98	0.35	0.69	-0.15	0.32		-0.98	0.94	-0.98	-0.83	-0.89	0.91	-0.08	-0.91
Common Stock Shares Outstanding	-0.98	-0.95	-0.85	0.77	-0.99	-0.98	0.87	0.69	-0.97	-0.99	0.83	0.15	-0.99	-0.42	-0.67	0.15	-0.29	-0.98		-0.93	0.96	0.88	0.84	-0.9	0.15	0.89
Non Current Liabilities Total	0.97	0.99	0.86	-0.63	0.91	0.88	-0.89	-0.52	0.96	0.94	-0.81	0.19	0.96	0.21	0.64	0.19	0.13	0.94	-0.93		-0.88	-0.77	-0.9	0.99	0.22	-0.79
Inventory	-0.93	-0.91	-0.78	0.82	-0.98	-0.99	0.82	0.73	-0.95	-0.98	0.85	0.23	-0.94	-0.3	-0.8	0.23	-0.22	-0.98	0.96	-0.88		0.79	0.82	-0.85	0.18	0.88
Other Current Assets	-0.88	-0.82	-0.83	0.42	-0.88	-0.85	0.66	0.45	-0.83	-0.84	0.5	0.08	-0.88	-0.75	-0.37	0.08	-0.37	-0.83	0.88	-0.77	0.79		0.53	-0.77	0.12	0.65
Other Stockholder Equity	-0.85	-0.89	-0.8	0.82	-0.82	-0.79	0.96	0.73	-0.9	-0.87	0.97	0.03	-0.85	0.0	-0.64	0.03	-0.27	-0.89	0.84	-0.9	0.82	0.53		-0.86	-0.08	0.9
Total Liab	0.96	0.98	0.85	-0.55	0.89	0.86	-0.86	-0.44	0.94	0.91	-0.76	0.27	0.94	0.21	0.62	0.27	0.09	0.91	-0.9	0.99	-0.85	-0.77	-0.86		0.3	-0.72
Total Current Assets	0.02	0.16	0.04	0.47	-0.13	-0.17	-0.02	0.54	0.01	-0.1	0.15	0.93	-0.03	-0.4	-0.07	0.93	-0.44	-0.08	0.15	0.22	0.18	0.12	-0.08	0.3		0.34
Short Term Debt	-0.84	-0.82	-0.82	0.94	-0.88	-0.86	0.93	0.92	-0.89	-0.9	0.96	0.42	-0.86	-0.3	-0.58	0.42	-0.52	-0.91	0.89	-0.79	0.88	0.65	0.9	-0.72	0.34

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ATI Physical Account Relationship Matchups

Pair Trading with ATI Physical

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 ATI Physical 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 ATI Physical will appreciate offsetting losses from the drop in the long position's value.

Moving against ATI Stock

0.88	VREX	Varex Imaging Corp	Pair Corr
0.87	GH	Guardant Health	Pair Corr
0.85	OM	Outset Medical	Pair Corr
0.85	ELMD	Electromed	Pair Corr
0.84	LH	Laboratory	Pair Corr

The ability to find closely correlated positions to ATI Physical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATI Physical 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 ATI Physical - 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 ATI Physical Therapy to buy it.

The correlation of ATI Physical 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 ATI Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATI Physical Therapy 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 ATI Physical 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 Correlation Correlation Matching

Additional Tools for ATI Stock Analysis

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

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ATI Short Long Term Debt vs Net Debt Analysis

Short Long Term Debt vs Net Debt

Short Long Term Debt vs Net Debt Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Net Debt

ATI Physical fundamental ratios Correlations

ATI Physical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with ATI Physical

Moving against ATI Stock

Additional Tools for ATI Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Good Will	+ 1.0	Retained Earnings
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.99	Non Current Assets Total
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Inventory	- 0.99	Other Liab
Common Stock Shares Outstanding	- 0.99	Total Stockholder Equity
Inventory	- 0.98	Good Will
Common Stock Shares Outstanding	- 0.98	Good Will