Atlas Change To Operating Activities vs Change To Liabilities Analysis

SALT Stock   0.60  0.03  4.76%   
Atlas Salt financial indicator trend analysis is way more than just evaluating Atlas Salt prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Salt is a good investment. Please check the relationship between Atlas Salt Change To Operating Activities and its Change To Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlas Salt. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Change To Operating Activities vs Change To Liabilities

Change To Operating Activities vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlas Salt Change To Operating Activities account and Change To Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Atlas Salt's Change To Operating Activities and Change To Liabilities is -0.76. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Atlas Salt, assuming nothing else is changed. The correlation between historical values of Atlas Salt's Change To Operating Activities and Change To 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 Change To Operating Activities of Atlas Salt are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Operating Activities i.e., Atlas Salt's Change To Operating Activities and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Change To Operating Activities

Change To Liabilities

Most indicators from Atlas Salt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Salt 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Atlas Salt. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Atlas Salt's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 59.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.2M4.0M5.2M5.4M
Cost Of Revenue1.4K3.4K12.9K13.6K

Atlas Salt fundamental ratios Correlations

-0.220.641.00.97-0.990.960.990.960.70.910.970.721.00.980.980.970.790.731.00.950.83
-0.220.08-0.22-0.180.27-0.24-0.21-0.22-0.12-0.16-0.19-0.09-0.22-0.21-0.21-0.190.03-0.65-0.23-0.24-0.23
0.640.080.630.67-0.590.730.640.580.920.760.650.980.630.660.630.660.70.490.640.510.24
1.0-0.220.630.97-0.990.960.980.960.690.910.960.71.00.980.980.970.780.731.00.950.84
0.97-0.180.670.97-0.930.881.00.860.790.940.990.750.971.01.01.00.870.770.960.850.71
-0.990.27-0.59-0.99-0.93-0.97-0.95-0.98-0.63-0.88-0.92-0.67-0.99-0.95-0.95-0.93-0.74-0.72-0.99-0.98-0.89
0.96-0.240.730.960.88-0.970.910.980.70.860.880.770.960.910.90.890.70.670.970.960.81
0.99-0.210.640.981.0-0.950.910.890.760.940.990.730.981.01.01.00.840.770.980.890.76
0.96-0.220.580.960.86-0.980.980.890.550.80.860.630.960.890.890.860.630.60.961.00.9
0.7-0.120.920.690.79-0.630.70.760.550.850.760.960.690.770.750.790.80.710.690.490.25
0.91-0.160.760.910.94-0.880.860.940.80.850.930.830.910.940.930.940.960.820.90.780.68
0.97-0.190.650.960.99-0.920.880.990.860.760.930.730.960.990.990.990.860.770.960.850.71
0.72-0.090.980.70.75-0.670.770.730.630.960.830.730.70.740.710.750.760.660.710.560.31
1.0-0.220.631.00.97-0.990.960.980.960.690.910.960.70.980.980.970.780.731.00.950.84
0.98-0.210.660.981.0-0.950.911.00.890.770.940.990.740.981.01.00.850.780.980.880.75
0.98-0.210.630.981.0-0.950.91.00.890.750.930.990.710.981.01.00.840.770.980.880.76
0.97-0.190.660.971.0-0.930.891.00.860.790.940.990.750.971.01.00.860.780.960.850.71
0.790.030.70.780.87-0.740.70.840.630.80.960.860.760.780.850.840.860.730.770.610.56
0.73-0.650.490.730.77-0.720.670.770.60.710.820.770.660.730.780.770.780.730.730.60.53
1.0-0.230.641.00.96-0.990.970.980.960.690.90.960.711.00.980.980.960.770.730.960.84
0.95-0.240.510.950.85-0.980.960.891.00.490.780.850.560.950.880.880.850.610.60.960.93
0.83-0.230.240.840.71-0.890.810.760.90.250.680.710.310.840.750.760.710.560.530.840.93
Click cells to compare fundamentals

Atlas Salt Account Relationship Matchups

Atlas Salt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M2.1M11.3M16.0M22.4M23.5M
Other Current Liab216.9K73.7K65.6K166.2K149.6K112.3K
Total Current Liabilities124.4K129.4K283.3K1.1M461.0K399.5K
Total Stockholder Equity1.9M1.8M10.8M14.8M21.8M22.9M
Net Tangible Assets1.8M1.9M1.8M14.8M17.0M17.9M
Retained Earnings(1.4M)(1.6M)(3.7M)(6.7M)(11.5M)(10.9M)
Accounts Payable50.8K63.8K111.3K1.1M1.3M1.3M
Cash266.8K280.4K8.8M9.3M12.2M12.8M
Non Current Assets Total1.9M1.7M2.2M6.3M10.0M10.5M
Net Receivables6.4K88.0K236.8K479.3K175.2K158.5K
Total Liab253.9K258.8K424.0K1.2M597.9K512.2K
Net Invested Capital1.9M1.8M10.8M14.8M21.8M22.9M
Total Current Assets277.8K375.1K9.1M9.8M12.4M13.0M
Net Working Capital24.0K116.2K8.8M8.7M12.0M12.5M
Property Plant Equipment2.1M1.9M1.7M4.6M5.3M2.7M

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