| 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 Net Income and its Cost Of Revenue 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.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Salt Net Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Atlas Salt's Net Income and Cost Of Revenue is -0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue 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 Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Atlas Salt are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Atlas Salt's Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Atlas Salt financial statement analysis. It represents the amount of money remaining after all of Atlas Salt operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Cost Of Revenue
Cost of Revenue is found on Atlas Salt income statement and represents the costs associated with goods and services Atlas Salt provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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
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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
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