ATA Property Plant Equipment vs Non Current Assets Total Analysis

AACG Stock  USD 0.84  0.02  2.44%   
ATA Creativity financial indicator trend analysis is way more than just evaluating ATA Creativity Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATA Creativity Global is a good investment. Please check the relationship between ATA Creativity Property Plant Equipment and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATA Creativity Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Property Plant Equipment vs Non Current Assets Total

Property Plant Equipment vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATA Creativity Global Property Plant Equipment account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ATA Creativity's Property Plant Equipment and Non Current Assets Total is 0.9. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of ATA Creativity Global, assuming nothing else is changed. The correlation between historical values of ATA Creativity's Property Plant Equipment and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of ATA Creativity Global are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant Equipment i.e., ATA Creativity's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from ATA Creativity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATA Creativity Global 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ATA Creativity Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current Selling General Administrative is estimated to decrease to about 66.3 M. The current Discontinued Operations is estimated to decrease to about 5.3 M
 2021 2022 2023 2024 (projected)
Interest Expense1.1B2.8M978.5M662.1M
Depreciation And Amortization23.0M22.6M22.0M14.1M

ATA Creativity fundamental ratios Correlations

-0.190.40.56-0.14-0.12-0.220.230.610.040.230.080.680.220.240.810.380.330.40.210.850.280.40.690.210.77
-0.190.24-0.33-0.05-0.450.980.110.19-0.470.110.10.22-0.98-0.980.20.28-0.46-0.440.470.25-0.930.360.220.160.3
0.40.24-0.520.71-0.920.07-0.640.810.39-0.64-0.640.68-0.06-0.090.590.99-0.680.540.290.50.120.980.750.380.64
0.56-0.33-0.52-0.830.69-0.220.83-0.23-0.360.830.730.030.20.250.25-0.540.94-0.17-0.010.340.1-0.5-0.02-0.20.18
-0.14-0.050.71-0.83-0.72-0.21-0.990.540.7-0.99-0.910.250.230.180.00.73-0.850.62-0.1-0.090.370.650.290.180.03
-0.12-0.45-0.920.69-0.72-0.280.65-0.71-0.20.650.69-0.640.260.3-0.52-0.910.82-0.28-0.3-0.360.09-0.93-0.68-0.3-0.53
-0.220.980.07-0.22-0.21-0.280.260.07-0.580.260.240.08-1.0-1.00.120.11-0.33-0.560.450.2-0.980.20.10.190.22
0.230.11-0.640.83-0.990.650.26-0.44-0.721.00.9-0.14-0.28-0.230.1-0.650.82-0.610.180.21-0.4-0.57-0.19-0.160.07
0.610.190.81-0.230.54-0.710.07-0.440.35-0.44-0.540.81-0.06-0.080.720.85-0.50.570.270.710.10.830.870.410.77
0.04-0.470.39-0.360.7-0.2-0.58-0.720.35-0.72-0.530.080.60.56-0.140.4-0.340.9-0.36-0.190.660.260.110.01-0.08
0.230.11-0.640.83-0.990.650.261.0-0.44-0.720.9-0.14-0.28-0.230.1-0.650.82-0.610.180.21-0.4-0.57-0.19-0.160.07
0.080.1-0.640.73-0.910.690.240.9-0.54-0.530.9-0.28-0.26-0.21-0.08-0.660.77-0.50.140.04-0.38-0.62-0.34-0.21-0.07
0.680.220.680.030.25-0.640.08-0.140.810.08-0.14-0.28-0.08-0.090.930.67-0.230.330.360.80.050.710.960.020.89
0.22-0.98-0.060.20.230.26-1.0-0.28-0.060.6-0.28-0.26-0.081.0-0.12-0.090.310.57-0.44-0.20.98-0.19-0.1-0.17-0.22
0.24-0.98-0.090.250.180.3-1.0-0.23-0.080.56-0.23-0.21-0.091.0-0.11-0.130.360.53-0.43-0.180.97-0.21-0.1-0.16-0.21
0.810.20.590.250.0-0.520.120.10.72-0.140.1-0.080.93-0.12-0.110.57-0.010.180.390.9-0.010.640.920.180.94
0.380.280.99-0.540.73-0.910.11-0.650.850.4-0.65-0.660.67-0.09-0.130.57-0.710.550.30.510.080.980.740.410.62
0.33-0.46-0.680.94-0.850.82-0.330.82-0.5-0.340.820.77-0.230.310.36-0.01-0.71-0.26-0.080.060.18-0.69-0.28-0.26-0.08
0.4-0.440.54-0.170.62-0.28-0.56-0.610.570.9-0.61-0.50.330.570.530.180.55-0.26-0.350.110.660.440.380.130.19
0.210.470.29-0.01-0.1-0.30.450.180.27-0.360.180.140.36-0.44-0.430.390.3-0.08-0.350.59-0.390.340.290.060.51
0.850.250.50.34-0.09-0.360.20.210.71-0.190.210.040.8-0.2-0.180.90.510.060.110.59-0.110.560.780.210.9
0.28-0.930.120.10.370.09-0.98-0.40.10.66-0.4-0.380.050.980.97-0.010.080.180.66-0.39-0.11-0.010.05-0.1-0.1
0.40.360.98-0.50.65-0.930.2-0.570.830.26-0.57-0.620.71-0.19-0.210.640.98-0.690.440.340.56-0.010.790.420.69
0.690.220.75-0.020.29-0.680.1-0.190.870.11-0.19-0.340.96-0.1-0.10.920.74-0.280.380.290.780.050.790.250.93
0.210.160.38-0.20.18-0.30.19-0.160.410.01-0.16-0.210.02-0.17-0.160.180.41-0.260.130.060.21-0.10.420.250.25
0.770.30.640.180.03-0.530.220.070.77-0.080.07-0.070.89-0.22-0.210.940.62-0.080.190.510.9-0.10.690.930.25
Click cells to compare fundamentals

ATA Creativity Account Relationship Matchups

ATA Creativity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets667.7M575.6M507.2M474.5M448.9M450.3M
Other Current Liab18.3M251.0M250.6M275.6M301.3M286.2M
Total Current Liabilities264.8M274.9M268.0M292.5M314.4M330.1M
Total Stockholder Equity300.2M198.4M187.8M143.1M113.0M107.4M
Net Debt(128.7M)(64.9M)(30.6M)(18.5M)(37.6M)(39.4M)
Retained Earnings(200.1M)(298.5M)(310.2M)(358.0M)(391.7M)(372.1M)
Accounts Payable49.0M28.5M24.8M21.0M18.9M19.8M
Cash154.2M112.7M71.3M55.0M60.2M57.2M
Non Current Assets Total484.1M454.7M431.8M409.2M378.5M191.6M
Non Currrent Assets Other16.4M23.0M26.7M28.4M31.7M18.1M
Cash And Short Term Investments154.2M112.7M71.3M55.0M60.2M57.2M
Net Receivables12.9M2.2M938.2K5.9M2.2M2.1M
Common Stock Shares Outstanding25.5M31.3M31.4M31.5M31.4M24.0M
Liabilities And Stockholders Equity667.7M575.6M507.2M474.5M448.9M449.0M
Non Current Liabilities Total52.2M53.0M48.3M38.4M21.6M20.5M
Other Current Assets16.5M6.0M3.1M4.4M8.0M7.6M
Other Stockholder Equity533.1M529.6M530.8M533.4M537.0M425.7M
Total Liab317.0M327.9M316.3M331.0M336.0M352.8M
Total Current Assets183.6M120.9M75.4M65.3M70.4M66.9M
Other Assets799.7K27.9M25.4M26.7M30.7M22.1M
Short Long Term Debt Total25.5M47.8M40.7M36.4M22.6M25.9M
Property Plant And Equipment Net82.9M79.9M78.9M70.4M53.6M53.1M
Current Deferred Revenue171.9M199.4M202.5M219.7M252.1M199.0M
Good Will0.0200.5M194.8M196.3M225.7M237.0M
Common Stock Total Equity3.5M3.5M4.7M4.7M5.4M3.8M
Property Plant And Equipment Gross82.9M79.9M78.9M70.4M89.5M55.2M
Accumulated Other Comprehensive Income(37.5M)(37.4M)(37.6M)(37.0M)(37.0M)(38.9M)
Short Term Debt25.5M23.8M17.4M16.9M13.1M12.5M
Intangible Assets135.6M110.6M93.4M76.1M58.9M42.6M
Net Tangible Assets258.7M(35.9M)(106.9M)(100.3M)(90.3M)(85.8M)
Capital Lease Obligations20.6M41.0M40.7M36.4M22.6M17.7M
Long Term Investments66.4M45.7M44M38M43.7M39.5M
Property Plant Equipment37.4M82.9M79.9M78.9M90.8M60.6M
Net Invested Capital305.1M205.2M187.8M143.1M113.0M164.0M

Currently Active Assets on Macroaxis

When determining whether ATA Creativity Global is a strong investment it is important to analyze ATA Creativity'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 ATA Creativity's future performance. For an informed investment choice regarding ATA Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATA Creativity Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Diversified Consumer Services 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 ATA Creativity. If investors know ATA 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 ATA Creativity 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
3.119
Earnings Share
(0.18)
Revenue Per Share
7.962
Quarterly Revenue Growth
0.131
Return On Assets
(0.07)
The market value of ATA Creativity Global is measured differently than its book value, which is the value of ATA that is recorded on the company's balance sheet. Investors also form their own opinion of ATA Creativity's value that differs from its market value or its book value, called intrinsic value, which is ATA Creativity'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 ATA Creativity's market value can be influenced by many factors that don't directly affect ATA Creativity'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 ATA Creativity's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATA Creativity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATA Creativity'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.