| 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 Depreciation and its Free Cash Flow 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.
Depreciation vs Free Cash Flow
Depreciation vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Salt Depreciation account and
Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Atlas Salt's Depreciation and Free Cash Flow is -0.96. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow 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 Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Atlas Salt are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Atlas Salt's Depreciation and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Atlas Salt value has been used up. For tax purposes Atlas Salt can deduct the cost of the tangible assets it purchases as business expenses. However, Atlas Salt must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital 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.