Atlas Days Sales Outstanding vs Roic Analysis

AEP Stock  CAD 1.25  0.04  3.31%   
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 Days Sales Outstanding and its Roic 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.

Days Sales Outstanding vs Roic

Days Sales Outstanding vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlas Engineered Products Days Sales Outstanding account and Roic. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Atlas Engineered's Days Sales Outstanding and Roic is -0.13. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Roic 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 Days Sales Outstanding and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Atlas Engineered Products are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Days Sales Outstanding i.e., Atlas Engineered's Days Sales Outstanding and Roic go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
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 Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 10.89 in 2025, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense673.9K1.5M1.8M1.9M
Depreciation And Amortization2.9M2.5M2.9M3.1M

Atlas Engineered fundamental ratios Correlations

0.980.650.690.990.980.960.880.890.470.940.990.840.940.920.860.981.00.92-0.410.990.980.590.190.97-0.72
0.980.530.660.940.980.950.950.840.450.891.00.780.890.850.780.990.970.96-0.361.00.940.610.170.97-0.76
0.650.530.740.710.610.570.340.70.490.710.590.850.710.810.880.490.650.36-0.440.590.720.580.080.65-0.24
0.690.660.740.640.690.60.650.670.880.550.70.680.550.780.780.550.660.5-0.470.710.640.97-0.080.79-0.36
0.990.940.710.640.960.950.80.90.420.980.960.870.980.930.890.950.990.87-0.430.961.00.520.210.94-0.68
0.980.980.610.690.960.950.920.870.480.90.990.820.90.880.830.970.970.92-0.460.990.950.620.110.97-0.72
0.960.950.570.60.950.950.860.790.40.920.950.790.910.870.810.960.970.94-0.430.960.950.50.270.92-0.73
0.880.950.340.650.80.920.860.720.520.70.930.650.70.720.640.920.860.93-0.320.940.780.660.090.92-0.74
0.890.840.70.670.90.870.790.720.470.870.860.80.870.880.840.820.880.72-0.380.860.90.57-0.160.83-0.51
0.470.450.490.880.420.480.40.520.470.270.50.50.270.660.650.350.450.31-0.430.50.410.84-0.140.62-0.22
0.940.890.710.550.980.90.920.70.870.270.90.811.00.870.830.910.960.83-0.360.90.980.420.260.86-0.64
0.991.00.590.70.960.990.950.930.860.50.90.820.90.890.830.980.980.94-0.41.00.950.630.160.98-0.74
0.840.780.850.680.870.820.790.650.80.50.810.820.810.920.950.760.840.67-0.470.810.860.530.160.84-0.5
0.940.890.710.550.980.90.910.70.870.271.00.90.810.870.830.910.960.83-0.360.90.980.420.260.86-0.64
0.920.850.810.780.930.880.870.720.880.660.870.890.920.870.990.820.920.73-0.510.880.930.630.130.92-0.55
0.860.780.880.780.890.830.810.640.840.650.830.830.950.830.990.750.870.65-0.520.820.890.610.140.87-0.48
0.980.990.490.550.950.970.960.920.820.350.910.980.760.910.820.750.970.97-0.310.980.940.490.230.94-0.77
1.00.970.650.660.990.970.970.860.880.450.960.980.840.960.920.870.970.92-0.410.980.990.560.220.96-0.72
0.920.960.360.50.870.920.940.930.720.310.830.940.670.830.730.650.970.92-0.30.940.870.470.270.89-0.79
-0.41-0.36-0.44-0.47-0.43-0.46-0.43-0.32-0.38-0.43-0.36-0.4-0.47-0.36-0.51-0.52-0.31-0.41-0.3-0.39-0.41-0.410.2-0.420.17
0.991.00.590.710.960.990.960.940.860.50.91.00.810.90.880.820.980.980.94-0.390.950.640.170.98-0.74
0.980.940.720.641.00.950.950.780.90.410.980.950.860.980.930.890.940.990.87-0.410.950.520.230.93-0.67
0.590.610.580.970.520.620.50.660.570.840.420.630.530.420.630.610.490.560.47-0.410.640.52-0.150.72-0.34
0.190.170.08-0.080.210.110.270.09-0.16-0.140.260.160.160.260.130.140.230.220.270.20.170.23-0.150.19-0.12
0.970.970.650.790.940.970.920.920.830.620.860.980.840.860.920.870.940.960.89-0.420.980.930.720.19-0.69
-0.72-0.76-0.24-0.36-0.68-0.72-0.73-0.74-0.51-0.22-0.64-0.74-0.5-0.64-0.55-0.48-0.77-0.72-0.790.17-0.74-0.67-0.34-0.12-0.69
Click cells to compare fundamentals

Atlas Engineered Account Relationship Matchups

Atlas Engineered fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets27.1M35.8M50.5M80.6M92.7M97.3M
Short Long Term Debt Total9.2M9.4M15.2M38.3M44.0M46.2M
Other Current Liab1.7M4.1M4.6M2.2M2.5M2.6M
Total Current Liabilities5.3M6.8M6.9M7.9M9.1M9.6M
Total Stockholder Equity12.9M19.8M28.9M34.4M39.6M41.6M
Property Plant And Equipment Net8.1M8.5M11.9M20.9M24.0M25.2M
Current Deferred Revenue148.5K411.1K375.6K946.4K1.1M1.1M
Net Debt7.4M442.8K(872.9K)23.5M27.0M28.4M
Retained Earnings(7.7M)(778.1K)8.1M11.2M10.1M10.6M
Accounts Payable1.9M1.3M573.3K1.2M1.4M1.4M
Cash1.8M8.9M16.1M14.7M17.0M17.8M
Non Current Assets Total17.3M16.5M23.6M49.8M57.3M60.1M
Cash And Short Term Investments1.8M8.9M16.1M14.7M17.0M17.8M
Net Receivables5.4M6.7M5.8M6.6M7.6M8.0M
Common Stock Shares Outstanding56.5M77.1M63.1M61.0M70.2M73.7M
Liabilities And Stockholders Equity27.1M35.8M50.5M79.4M91.4M95.9M
Non Current Liabilities Total8.9M9.2M14.8M38.3M44.0M46.2M
Inventory2.3M3.4M4.6M6.8M7.8M8.2M
Other Current Assets284.7K259.1K362.7K2.6M3.0M3.2M
Other Stockholder Equity1.4M1.5M1.4M1.8M1.6M1.5M
Total Liab14.2M16.0M21.6M46.2M53.1M55.8M
Total Current Assets9.8M19.3M26.9M30.8M35.4M37.2M
Short Term Debt1.9M1.9M2.7M4.5M5.2M5.5M
Common Stock19.2M19.1M19.4M21.5M24.7M17.6M
Intangible Assets4.6M3.9M4.6M9.1M10.4M10.9M
Net Tangible Assets(707.7K)4.6M12.1M17.6M20.2M21.2M
Other Assets979.0K840.8K289.4K406.8K366.1K347.8K
Short Long Term Debt7.7M1.0M952.0K1.8M2.1M2.9M
Property Plant Equipment9.6M8.1M8.5M11.9M13.7M7.3M
Capital Lease Obligations3.4M2.2M2.4M1.8M1.6M2.1M
Net Invested Capital18.0M19.9M26.8M42.4M48.7M51.1M
Net Working Capital(5.1M)4.5M12.5M20.0M23.0M24.2M
Other Liab1.9M1.6M1.7M2.2M2.6M2.1M
Capital Stock14.8M19.2M19.1M19.4M22.3M19.1M
Non Current Liabilities Other134.7K100.3K65.9K31.5K28.4K26.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Atlas Stock Analysis

When running Atlas Engineered's price analysis, check to measure Atlas Engineered'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 Engineered is operating at the current time. Most of Atlas Engineered's value examination focuses on studying past and present price action to predict the probability of Atlas Engineered'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 Engineered's price. Additionally, you may evaluate how the addition of Atlas Engineered to your portfolios can decrease your overall portfolio volatility.