AEP Stock | | | CAD 1.16 0.01 0.85% |
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 Ev To Sales and its Payout Ratio 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.
Ev To Sales vs Payout Ratio
Ev To Sales vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Engineered Products Ev To Sales account and
Payout Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Atlas Engineered's Ev To Sales and Payout Ratio is 0.66. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Payout Ratio 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 Ev To Sales and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Atlas Engineered Products are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Ev To Sales i.e., Atlas Engineered's Ev To Sales and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Payout Ratio
Payout Ratio is the proportion of Atlas Engineered Products earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Atlas Engineered Products dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Atlas Engineered Products is paying out more in dividends than it makes in net income.
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
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 3.8
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
Atlas Engineered fundamental ratios Correlations
Click cells to compare fundamentals
Atlas Engineered Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atlas Engineered fundamental ratios Accounts
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Additional Tools for Atlas Stock Analysis
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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
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