Atlas Corp Stock Current Ratio
ATCOL Stock | USD 25.08 0.04 0.16% |
Atlas Corp fundamentals help investors to digest information that contributes to Atlas Corp's financial success or failures. It also enables traders to predict the movement of Atlas Stock. The fundamental analysis module provides a way to measure Atlas Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Atlas Corp stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 0.66 | 0.62 |
Atlas | Current Ratio |
Atlas Corp Company Current Ratio Analysis
Atlas Corp's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Atlas Corp Current Ratio | 0.55 X |
Most of Atlas Corp's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atlas Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Atlas Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Atlas Corp is extremely important. It helps to project a fair market value of Atlas Stock properly, considering its historical fundamentals such as Current Ratio. Since Atlas Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Atlas Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Atlas Corp's interrelated accounts and indicators.
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Atlas Current Ratio Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Atlas Corp current ratio as a starting point in their analysis.
Atlas Corp Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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Atlas Price To Sales Ratio
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In accordance with the recently published financial statements, Atlas Corp has a Current Ratio of 0.55 times. This is much higher than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is notably lower than that of the firm.
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Atlas Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Atlas Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Atlas Corp's managers, analysts, and investors.Environmental | Governance | Social |
Atlas Fundamentals
Return On Equity | 0.11 | ||||
Return On Asset | 0.0431 | ||||
Profit Margin | 0.26 % | ||||
Operating Margin | 0.51 % | ||||
Current Valuation | 14.2 B | ||||
Number Of Shares Shorted | 111 | ||||
Price To Earning | 38.42 X | ||||
Revenue | 1.7 B | ||||
Gross Profit | 1.04 B | ||||
EBITDA | 1.11 B | ||||
Net Income | 622.3 M | ||||
Cash And Equivalents | 400.7 M | ||||
Cash Per Share | 1.43 X | ||||
Total Debt | 6.51 B | ||||
Debt To Equity | 1.48 % | ||||
Current Ratio | 0.55 X | ||||
Book Value Per Share | 22.18 X | ||||
Cash Flow From Operations | 856.3 M | ||||
Earnings Per Share | 1.74 X | ||||
Number Of Employees | 6.4 K | ||||
Beta | 0.93 | ||||
Market Capitalization | 3.36 B | ||||
Total Asset | 11.3 B | ||||
Retained Earnings | 420 M | ||||
Net Asset | 11.3 B |
About Atlas Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atlas Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlas Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlas Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.