Atlas Corp Financials

ATCOL Stock  USD 25.08  0.04  0.16%   
Based on the analysis of Atlas Corp's profitability, liquidity, and operating efficiency, Atlas Corp may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At this time, Atlas Corp's Non Current Assets Total are quite stable compared to the past year. Non Currrent Assets Other is expected to rise to about 1.5 B this year, although the value of Cash And Short Term Investments will most likely fall to about 221.9 M. Key indicators impacting Atlas Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income907.3 M864.1 M
Sufficiently Up
Slightly volatile
Current Ratio0.620.66
Notably Down
Slightly volatile
Investors should never underestimate Atlas Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Atlas Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Atlas Corp.

Net Income

751.43 Million

  
Understanding current and past Atlas Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Atlas Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Atlas Corp's assets may result in an increase in income on the income statement.

Atlas Corp Stock Summary

Atlas Corp competes with Harrow Health, Babcock Wilcox, B Riley, and Oxford Lane. Atlas Corp. operates as an asset manager and operator of containerships. Atlas Corp. was incorporated in 2019 and is based in London, the United Kingdom. Atlas Corp is traded on NASDAQ Exchange in the United States.
Specialization
Industrials, Transportation
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP04926V203
LocationBritish Columbia; Canada
Business Address23 Berkeley Square,
SectorGround Transportation
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.atlascorporation.com
Phone44 20 7788 7819
CurrencyUSD - US Dollar

Atlas Corp Key Financial Ratios

Atlas Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.9B9.3B10.6B11.3B13.0B13.6B
Net Debt4.3B5.0B6.1B6.2B7.2B7.5B
Cash195M304.3M288.6M280M322M218.4M
Other Current Assets31.7M133.2M139.7M143.6M165.1M173.4M
Total Liab4.7B5.7B7.1B7.2B8.2B8.7B
Total Current Assets280.7M584.3M547.7M593.2M682.2M716.3M
Other Current Liab24.9M42M85.3M73.8M84.9M45.4M
Accounts Payable66.3M116.9M140.1M143.8M165.4M173.6M
Net Receivables53.9M86.6M73M119.6M137.5M72.9M
Short Term Debt658M557.1M806.6M723.4M831.9M873.5M
Retained Earnings(200.7M)(199.2M)7.5M420M483M507.2M
Common Stock2.1M2.5M2.4M2.8M2.5M2.4M
Intangible Assets94M104.8M90.1M75.7M87.1M91.4M
Other Liab192.4M12.1M16.3M48.4M43.6M41.4M
Net Tangible Assets2.3B3.1B3.1B3.3B3.8B3.0B
Other Assets534.6M802.1M546.2M995.9M1.1B807.7M

Atlas Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue1.1B1.4B1.6B1.7B2.0B2.0B
Gross Profit493.1M641.9M794M841.9M968.2M1.0B
Operating Income687M458.6M762.2M751.4M864.1M907.3M
Ebit687M458.6M762.2M751.4M864.1M907.3M
Ebitda940M908.1M1.1B1.1B1.3B1.3B
Net Income230.8M192.6M400.5M622.3M715.6M751.4M
Income Tax Expense208.3M16.6M33M2.4M2.8M2.9M
Income Before Tax439.1M209.2M433.5M624.7M718.4M754.3M
Cost Of Revenue638.4M779.2M852.6M855.5M983.8M1.0B
Interest Expense211.5M191.6M197.1M235.4M270.7M284.2M

Atlas Corp Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(174.1M)145.2M(15.7M)(35.8M)(32.2M)(30.6M)
Free Cash Flow438.4M(171.5M)(781M)(429.6M)(494.0M)(469.3M)
Depreciation254.3M353.9M366.7M379.1M436.0M457.8M
Other Non Cash Items162.2M308.5M269.2M(11.8M)(13.6M)(12.9M)
Capital Expenditures344.6M865.7M1.7B1.3B1.5B1.6B
Net Income439.1M192.6M400.5M622.3M715.6M751.4M
End Period Cash Flow197.3M342.5M326.8M291M334.7M225.4M
Change To Inventory6.3M(5.9M)200K(3.6M)(3.2M)(3.1M)
Dividends Paid172.2M187.1M190.8M180.1M207.1M123.5M
Net Borrowings87.3M(484.6M)638.9M1.0B1.2B1.3B
Change To Netincome(61.3M)19.9M53.6M118.8M136.6M143.5M

Atlas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Atlas Corp's current stock value. Our valuation model uses many indicators to compare Atlas Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Atlas Corp competition to find correlations between indicators driving Atlas Corp's intrinsic value. More Info.
Atlas Corp is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Atlas Corp is roughly  2.66 . At this time, Atlas Corp's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Atlas Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Atlas Corp Systematic Risk

Atlas Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Atlas Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Atlas Corp correlated with the market. If Beta is less than 0 Atlas Corp generally moves in the opposite direction as compared to the market. If Atlas Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Atlas Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Atlas Corp is generally in the same direction as the market. If Beta > 1 Atlas Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Atlas Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Atlas Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Atlas Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0878

At this time, Atlas Corp's Price Earnings To Growth Ratio is quite stable compared to the past year.

Atlas Corp November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Atlas Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Atlas Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Atlas Corp based on widely used predictive technical indicators. In general, we focus on analyzing Atlas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Atlas Corp's daily price indicators and compare them against related drivers.
When determining whether Atlas Corp is a strong investment it is important to analyze Atlas Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlas Corp's future performance. For an informed investment choice regarding Atlas Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlas Corp. If investors know Atlas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlas Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.408
Earnings Share
1.736
Revenue Per Share
9.517
Quarterly Revenue Growth
0.297
Return On Assets
0.0431
The market value of Atlas Corp is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlas Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlas Corp's market value can be influenced by many factors that don't directly affect Atlas Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlas Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.