| 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 Total Stockholder Equity and its Total Liab 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.
Total Stockholder Equity vs Total Liab
Total Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Salt Total Stockholder Equity account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Atlas Salt's Total Stockholder Equity and Total Liab is 0.7. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab 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 Total Stockholder Equity and Total Liab 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 Stockholder Equity of Atlas Salt are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Atlas Salt's Total Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term 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.
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.