Atmus Total Assets vs Short Long Term Debt Analysis

ATMU Stock   39.94  0.77  1.89%   
Atmus Filtration financial indicator trend analysis is way more than just evaluating Atmus Filtration Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atmus Filtration Tec is a good investment. Please check the relationship between Atmus Filtration Total Assets and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atmus Filtration Tec Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Atmus Filtration's Total Assets and Short Long Term Debt is -0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Atmus Filtration Technologies, assuming nothing else is changed. The correlation between historical values of Atmus Filtration's Total Assets and Short Long Term 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 Total Assets of Atmus Filtration Technologies are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Atmus Filtration's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Atmus Filtration assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Atmus Filtration Tec books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Atmus Filtration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atmus Filtration Tec 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 Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Tax Provision is likely to drop to about 38.5 M in 2024. Selling General Administrative is likely to drop to about 156.1 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue1.4B1.6B1.6B1.6B
Depreciation And Amortization21M21.6M21.5M23.3M

Atmus Filtration fundamental ratios Correlations

0.920.890.93-0.93-0.90.920.710.91-0.090.940.950.17-0.750.860.93-0.810.5-0.810.930.850.14-0.050.961.00.98
0.920.690.76-1.0-0.920.940.831.00.221.00.93-0.08-0.930.990.81-0.950.71-0.951.00.690.340.270.870.90.92
0.890.690.99-0.71-0.750.650.310.68-0.520.740.890.58-0.40.580.98-0.630.41-0.630.710.98-0.28-0.490.790.880.82
0.930.760.99-0.78-0.820.720.40.75-0.430.80.930.5-0.490.660.99-0.710.48-0.710.780.98-0.19-0.40.820.910.86
-0.93-1.0-0.71-0.780.92-0.95-0.82-1.0-0.19-1.0-0.940.050.92-0.98-0.820.94-0.690.94-1.0-0.71-0.31-0.24-0.89-0.92-0.93
-0.9-0.92-0.75-0.820.92-0.9-0.74-0.92-0.12-0.93-0.910.010.78-0.89-0.870.89-0.690.89-0.92-0.74-0.32-0.12-0.81-0.88-0.92
0.920.940.650.72-0.95-0.90.920.950.290.940.83-0.23-0.90.940.74-0.810.47-0.810.940.590.510.320.950.930.97
0.710.830.310.4-0.82-0.740.920.840.620.80.59-0.57-0.920.890.44-0.680.35-0.680.820.240.780.640.80.730.8
0.911.00.680.75-1.0-0.920.950.840.241.00.92-0.1-0.940.990.8-0.950.71-0.951.00.670.360.290.870.90.91
-0.090.22-0.52-0.43-0.19-0.120.290.620.240.16-0.15-0.97-0.520.36-0.36-0.190.14-0.190.2-0.550.910.990.03-0.070.04
0.941.00.740.8-1.0-0.930.940.81.00.160.95-0.02-0.910.980.84-0.950.71-0.951.00.730.290.210.880.920.93
0.950.930.890.93-0.94-0.910.830.590.92-0.150.950.29-0.740.860.96-0.910.72-0.910.940.91-0.01-0.10.840.920.89
0.17-0.080.580.50.050.01-0.23-0.57-0.1-0.97-0.020.290.39-0.220.460.00.10.0-0.050.64-0.94-0.940.00.130.01
-0.75-0.93-0.4-0.490.920.78-0.9-0.92-0.94-0.52-0.91-0.740.39-0.97-0.550.87-0.640.87-0.93-0.39-0.56-0.58-0.77-0.74-0.78
0.860.990.580.66-0.98-0.890.940.890.990.360.980.86-0.22-0.970.72-0.940.7-0.940.980.570.460.410.840.850.88
0.930.810.980.99-0.82-0.870.740.440.8-0.360.840.960.46-0.550.72-0.780.58-0.780.820.97-0.15-0.340.810.910.87
-0.81-0.95-0.63-0.710.940.89-0.81-0.68-0.95-0.19-0.95-0.910.00.87-0.94-0.78-0.891.0-0.95-0.68-0.21-0.24-0.69-0.77-0.78
0.50.710.410.48-0.69-0.690.470.350.710.140.710.720.1-0.640.70.58-0.89-0.890.710.540.020.180.30.430.43
-0.81-0.95-0.63-0.710.940.89-0.81-0.68-0.95-0.19-0.95-0.910.00.87-0.94-0.781.0-0.89-0.95-0.68-0.21-0.24-0.69-0.77-0.78
0.931.00.710.78-1.0-0.920.940.821.00.21.00.94-0.05-0.930.980.82-0.950.71-0.950.70.310.250.880.910.92
0.850.690.980.98-0.71-0.740.590.240.67-0.550.730.910.64-0.390.570.97-0.680.54-0.680.7-0.37-0.510.70.820.75
0.140.34-0.28-0.19-0.31-0.320.510.780.360.910.29-0.01-0.94-0.560.46-0.15-0.210.02-0.210.31-0.370.870.290.180.31
-0.050.27-0.49-0.4-0.24-0.120.320.640.290.990.21-0.1-0.94-0.580.41-0.34-0.240.18-0.240.25-0.510.870.07-0.040.07
0.960.870.790.82-0.89-0.810.950.80.870.030.880.840.0-0.770.840.81-0.690.3-0.690.880.70.290.070.980.98
1.00.90.880.91-0.92-0.880.930.730.9-0.070.920.920.13-0.740.850.91-0.770.43-0.770.910.820.18-0.040.980.99
0.980.920.820.86-0.93-0.920.970.80.910.040.930.890.01-0.780.880.87-0.780.43-0.780.920.750.310.070.980.99
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Atmus Filtration Account Relationship Matchups

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Additional Tools for Atmus Stock Analysis

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