Atlas Common Stock Shares Outstanding vs Other Current Assets Analysis

AEP Stock

CAD 0.97 0.03 3.00%

Atlas Engineered financial indicator trend analysis is way more than just evaluating Atlas Engineered Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Engineered Products is a good investment. Please check the relationship between Atlas Engineered Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Engineered Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlas Engineered Products Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Atlas Engineered's Common Stock Shares Outstanding and Other Current Assets is 0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Atlas Engineered Products, assuming nothing else is changed. The correlation between historical values of Atlas Engineered's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Atlas Engineered Products are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Atlas Engineered's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Atlas Engineered's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Engineered Products 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 Atlas Engineered Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Atlas Engineered's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 10.89 in 2025, whereas Tax Provision is likely to drop slightly above 1.1 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	673.9K	1.5M	1.8M	1.9M
Depreciation And Amortization	2.9M	2.5M	2.9M	3.1M

Interest Expense Depreciation And Amortization

Atlas Engineered fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Short Term Investments
Total Assets		0.98	0.65	0.69	0.99	0.98	0.96	0.88	0.89	0.47	0.94	0.99	0.84	0.94	0.92	0.86	0.98	1.0	0.92	-0.41	0.99	0.98	0.59	0.19	0.97	-0.72
Short Long Term Debt Total	0.98		0.53	0.66	0.94	0.98	0.95	0.95	0.84	0.45	0.89	1.0	0.78	0.89	0.85	0.78	0.99	0.97	0.96	-0.36	1.0	0.94	0.61	0.17	0.97	-0.76
Other Current Liab	0.65	0.53		0.74	0.71	0.61	0.57	0.34	0.7	0.49	0.71	0.59	0.85	0.71	0.81	0.88	0.49	0.65	0.36	-0.44	0.59	0.72	0.58	0.08	0.65	-0.24
Total Current Liabilities	0.69	0.66	0.74		0.64	0.69	0.6	0.65	0.67	0.88	0.55	0.7	0.68	0.55	0.78	0.78	0.55	0.66	0.5	-0.47	0.71	0.64	0.97	-0.08	0.79	-0.36
Total Stockholder Equity	0.99	0.94	0.71	0.64		0.96	0.95	0.8	0.9	0.42	0.98	0.96	0.87	0.98	0.93	0.89	0.95	0.99	0.87	-0.43	0.96	1.0	0.52	0.21	0.94	-0.68
Property Plant And Equipment Net	0.98	0.98	0.61	0.69	0.96		0.95	0.92	0.87	0.48	0.9	0.99	0.82	0.9	0.88	0.83	0.97	0.97	0.92	-0.46	0.99	0.95	0.62	0.11	0.97	-0.72
Current Deferred Revenue	0.96	0.95	0.57	0.6	0.95	0.95		0.86	0.79	0.4	0.92	0.95	0.79	0.91	0.87	0.81	0.96	0.97	0.94	-0.43	0.96	0.95	0.5	0.27	0.92	-0.73
Net Debt	0.88	0.95	0.34	0.65	0.8	0.92	0.86		0.72	0.52	0.7	0.93	0.65	0.7	0.72	0.64	0.92	0.86	0.93	-0.32	0.94	0.78	0.66	0.09	0.92	-0.74
Retained Earnings	0.89	0.84	0.7	0.67	0.9	0.87	0.79	0.72		0.47	0.87	0.86	0.8	0.87	0.88	0.84	0.82	0.88	0.72	-0.38	0.86	0.9	0.57	-0.16	0.83	-0.51
Accounts Payable	0.47	0.45	0.49	0.88	0.42	0.48	0.4	0.52	0.47		0.27	0.5	0.5	0.27	0.66	0.65	0.35	0.45	0.31	-0.43	0.5	0.41	0.84	-0.14	0.62	-0.22
Cash	0.94	0.89	0.71	0.55	0.98	0.9	0.92	0.7	0.87	0.27		0.9	0.81	1.0	0.87	0.83	0.91	0.96	0.83	-0.36	0.9	0.98	0.42	0.26	0.86	-0.64
Non Current Assets Total	0.99	1.0	0.59	0.7	0.96	0.99	0.95	0.93	0.86	0.5	0.9		0.82	0.9	0.89	0.83	0.98	0.98	0.94	-0.4	1.0	0.95	0.63	0.16	0.98	-0.74
Non Currrent Assets Other	0.84	0.78	0.85	0.68	0.87	0.82	0.79	0.65	0.8	0.5	0.81	0.82		0.81	0.92	0.95	0.76	0.84	0.67	-0.47	0.81	0.86	0.53	0.16	0.84	-0.5
Cash And Short Term Investments	0.94	0.89	0.71	0.55	0.98	0.9	0.91	0.7	0.87	0.27	1.0	0.9	0.81		0.87	0.83	0.91	0.96	0.83	-0.36	0.9	0.98	0.42	0.26	0.86	-0.64
Net Receivables	0.92	0.85	0.81	0.78	0.93	0.88	0.87	0.72	0.88	0.66	0.87	0.89	0.92	0.87		0.99	0.82	0.92	0.73	-0.51	0.88	0.93	0.63	0.13	0.92	-0.55
Common Stock Shares Outstanding	0.86	0.78	0.88	0.78	0.89	0.83	0.81	0.64	0.84	0.65	0.83	0.83	0.95	0.83	0.99		0.75	0.87	0.65	-0.52	0.82	0.89	0.61	0.14	0.87	-0.48
Non Current Liabilities Total	0.98	0.99	0.49	0.55	0.95	0.97	0.96	0.92	0.82	0.35	0.91	0.98	0.76	0.91	0.82	0.75		0.97	0.97	-0.31	0.98	0.94	0.49	0.23	0.94	-0.77
Inventory	1.0	0.97	0.65	0.66	0.99	0.97	0.97	0.86	0.88	0.45	0.96	0.98	0.84	0.96	0.92	0.87	0.97		0.92	-0.41	0.98	0.99	0.56	0.22	0.96	-0.72
Other Current Assets	0.92	0.96	0.36	0.5	0.87	0.92	0.94	0.93	0.72	0.31	0.83	0.94	0.67	0.83	0.73	0.65	0.97	0.92		-0.3	0.94	0.87	0.47	0.27	0.89	-0.79
Other Stockholder Equity	-0.41	-0.36	-0.44	-0.47	-0.43	-0.46	-0.43	-0.32	-0.38	-0.43	-0.36	-0.4	-0.47	-0.36	-0.51	-0.52	-0.31	-0.41	-0.3		-0.39	-0.41	-0.41	0.2	-0.42	0.17
Total Liab	0.99	1.0	0.59	0.71	0.96	0.99	0.96	0.94	0.86	0.5	0.9	1.0	0.81	0.9	0.88	0.82	0.98	0.98	0.94	-0.39		0.95	0.64	0.17	0.98	-0.74
Total Current Assets	0.98	0.94	0.72	0.64	1.0	0.95	0.95	0.78	0.9	0.41	0.98	0.95	0.86	0.98	0.93	0.89	0.94	0.99	0.87	-0.41	0.95		0.52	0.23	0.93	-0.67
Short Term Debt	0.59	0.61	0.58	0.97	0.52	0.62	0.5	0.66	0.57	0.84	0.42	0.63	0.53	0.42	0.63	0.61	0.49	0.56	0.47	-0.41	0.64	0.52		-0.15	0.72	-0.34
Common Stock	0.19	0.17	0.08	-0.08	0.21	0.11	0.27	0.09	-0.16	-0.14	0.26	0.16	0.16	0.26	0.13	0.14	0.23	0.22	0.27	0.2	0.17	0.23	-0.15		0.19	-0.12
Intangible Assets	0.97	0.97	0.65	0.79	0.94	0.97	0.92	0.92	0.83	0.62	0.86	0.98	0.84	0.86	0.92	0.87	0.94	0.96	0.89	-0.42	0.98	0.93	0.72	0.19		-0.69
Short Term Investments	-0.72	-0.76	-0.24	-0.36	-0.68	-0.72	-0.73	-0.74	-0.51	-0.22	-0.64	-0.74	-0.5	-0.64	-0.55	-0.48	-0.77	-0.72	-0.79	0.17	-0.74	-0.67	-0.34	-0.12	-0.69

Click cells to compare fundamentals

Atlas Engineered Account Relationship Matchups

Atlas Engineered fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	27.1M	35.8M	50.5M	80.6M	92.7M	97.3M
Short Long Term Debt Total	9.2M	9.4M	15.2M	38.3M	44.0M	46.2M
Other Current Liab	1.7M	4.1M	4.6M	2.2M	2.5M	2.6M
Total Current Liabilities	5.3M	6.8M	6.9M	7.9M	9.1M	9.6M
Total Stockholder Equity	12.9M	19.8M	28.9M	34.4M	39.6M	41.6M
Property Plant And Equipment Net	8.1M	8.5M	11.9M	20.9M	24.0M	25.2M
Current Deferred Revenue	148.5K	411.1K	375.6K	946.4K	1.1M	1.1M
Net Debt	7.4M	442.8K	(872.9K)	23.5M	27.0M	28.4M
Retained Earnings	(7.7M)	(778.1K)	8.1M	11.2M	10.1M	10.6M
Accounts Payable	1.9M	1.3M	573.3K	1.2M	1.4M	1.4M
Cash	1.8M	8.9M	16.1M	14.7M	17.0M	17.8M
Non Current Assets Total	17.3M	16.5M	23.6M	49.8M	57.3M	60.1M
Cash And Short Term Investments	1.8M	8.9M	16.1M	14.7M	17.0M	17.8M
Net Receivables	5.4M	6.7M	5.8M	6.6M	7.6M	8.0M
Common Stock Shares Outstanding	56.5M	77.1M	63.1M	61.0M	70.2M	73.7M
Liabilities And Stockholders Equity	27.1M	35.8M	50.5M	79.4M	91.4M	95.9M
Non Current Liabilities Total	8.9M	9.2M	14.8M	38.3M	44.0M	46.2M
Inventory	2.3M	3.4M	4.6M	6.8M	7.8M	8.2M
Other Current Assets	284.7K	259.1K	362.7K	2.6M	3.0M	3.2M
Other Stockholder Equity	1.4M	1.5M	1.4M	1.8M	1.6M	1.5M
Total Liab	14.2M	16.0M	21.6M	46.2M	53.1M	55.8M
Total Current Assets	9.8M	19.3M	26.9M	30.8M	35.4M	37.2M
Short Term Debt	1.9M	1.9M	2.7M	4.5M	5.2M	5.5M
Common Stock	19.2M	19.1M	19.4M	21.5M	24.7M	17.6M
Intangible Assets	4.6M	3.9M	4.6M	9.1M	10.4M	10.9M
Net Tangible Assets	(707.7K)	4.6M	12.1M	17.6M	20.2M	21.2M
Other Assets	979.0K	840.8K	289.4K	406.8K	366.1K	347.8K
Long Term Debt	6.0M	6.0M	11.7M	30.2M	34.7M	36.5M
Short Long Term Debt	1.0M	952.0K	1.8M	3.5M	4.0M	3.0M
Property Plant Equipment	9.6M	8.1M	8.5M	11.9M	13.7M	7.3M
Capital Lease Obligations	2.2M	2.4M	1.8M	4.6M	5.3M	3.2M
Net Invested Capital	19.9M	26.8M	42.4M	68.1M	78.3M	82.3M
Net Working Capital	4.5M	12.5M	20.0M	22.9M	26.3M	27.6M
Other Liab	1.9M	1.6M	1.7M	2.2M	2.6M	2.1M
Capital Stock	19.2M	19.1M	19.4M	21.5M	24.7M	19.9M
Non Current Liabilities Other	134.7K	100.3K	65.9K	31.5K	28.4K	26.9K
Property Plant And Equipment Gross	15.2M	15.8M	21.2M	30.0M	34.5M	21.3M

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