| 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 Common Stock and its Total Assets 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.
Common Stock vs Total Assets
Common Stock vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Salt Common Stock account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atlas Salt's Common Stock and Total Assets is 0.97. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets 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 Common Stock and Total 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 Common Stock of Atlas Salt are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Atlas Salt's Common Stock and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock
Total Assets
Total assets refers to the total amount of Atlas Salt 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 Atlas Salt 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.
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.
Atlas Salt fundamental ratios Correlations
Click cells to compare fundamentals
Atlas Salt Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atlas Salt fundamental ratios Accounts
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Additional Tools for Atlas Stock Analysis
When running Atlas Salt's price analysis, check to
measure Atlas Salt'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 Atlas Salt is operating at the current time. Most of Atlas Salt's value examination focuses on studying past and present price action to
predict the probability of Atlas Salt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Salt's price. Additionally, you may evaluate how the addition of Atlas Salt to your portfolios can decrease your overall portfolio volatility.