Atlas Roic vs Payout Ratio Analysis

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 Roic 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.

Roic vs Payout Ratio

Roic 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 Roic account and Payout Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Atlas Engineered's Roic and Payout Ratio is 0.09. Overlapping area represents the amount of variation of Roic 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 Roic 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 Roic 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 Roic i.e., Atlas Engineered's Roic and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

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.
 2021 2022 2023 2024 (projected)
Interest Expense424.0K673.9K775.0K813.7K
Depreciation And Amortization2.7M3.2M3.7M3.9M

Atlas Engineered fundamental ratios Correlations

0.970.970.720.980.950.87-0.020.90.30.930.970.90.930.950.950.980.990.66-0.530.970.980.440.010.83-0.68
0.970.920.830.920.970.80.20.890.430.830.990.870.830.920.910.940.930.64-0.571.00.90.61-0.120.89-0.62
0.970.920.690.970.90.9-0.110.860.260.930.920.880.930.940.950.950.980.63-0.470.940.970.390.10.79-0.65
0.720.830.690.60.760.60.570.630.780.470.830.640.460.750.740.610.670.54-0.530.850.590.93-0.170.9-0.31
0.980.920.970.60.910.88-0.180.880.160.970.920.880.970.920.920.980.990.65-0.480.921.00.280.080.74-0.71
0.950.970.90.760.910.840.160.870.340.830.970.860.830.90.90.940.920.64-0.660.960.890.52-0.150.85-0.62
0.870.80.90.60.880.84-0.150.710.230.840.810.820.840.890.90.830.90.75-0.650.820.890.310.130.71-0.56
-0.020.2-0.110.57-0.180.16-0.150.050.78-0.370.210.06-0.370.090.07-0.09-0.120.03-0.280.21-0.220.76-0.490.440.3
0.90.890.860.630.880.870.710.050.280.820.880.780.820.850.830.90.880.51-0.480.880.870.39-0.340.71-0.54
0.30.430.260.780.160.340.230.780.28-0.040.450.29-0.040.480.430.180.250.21-0.350.470.140.8-0.20.680.11
0.930.830.930.470.970.830.84-0.370.82-0.040.830.791.00.820.820.940.950.59-0.380.830.980.150.160.59-0.76
0.970.990.920.830.920.970.810.210.880.450.830.890.820.940.940.940.940.64-0.571.00.90.59-0.090.91-0.6
0.90.870.880.640.880.860.820.060.780.290.790.890.790.910.950.890.890.74-0.50.880.870.370.070.8-0.54
0.930.830.930.460.970.830.84-0.370.82-0.041.00.820.790.820.820.940.950.59-0.380.830.980.150.160.59-0.76
0.950.920.940.750.920.90.890.090.850.480.820.940.910.820.990.910.950.66-0.570.940.920.460.010.87-0.54
0.950.910.950.740.920.90.90.070.830.430.820.940.950.820.990.910.940.69-0.560.940.920.450.060.87-0.54
0.980.940.950.610.980.940.83-0.090.90.180.940.940.890.940.910.910.970.6-0.480.930.970.310.020.77-0.71
0.990.930.980.670.990.920.9-0.120.880.250.950.940.890.950.950.940.970.69-0.510.940.990.360.070.77-0.7
0.660.640.630.540.650.640.750.030.510.210.590.640.740.590.660.690.60.69-0.460.650.650.380.070.57-0.44
-0.53-0.57-0.47-0.53-0.48-0.66-0.65-0.28-0.48-0.35-0.38-0.57-0.5-0.38-0.57-0.56-0.48-0.51-0.46-0.57-0.47-0.420.32-0.530.22
0.971.00.940.850.920.960.820.210.880.470.831.00.880.830.940.940.930.940.65-0.570.910.62-0.080.91-0.6
0.980.90.970.591.00.890.89-0.220.870.140.980.90.870.980.920.920.970.990.65-0.470.910.280.110.72-0.72
0.440.610.390.930.280.520.310.760.390.80.150.590.370.150.460.450.310.360.38-0.420.620.28-0.270.74-0.06
0.01-0.120.1-0.170.08-0.150.13-0.49-0.34-0.20.16-0.090.070.160.010.060.020.070.070.32-0.080.11-0.270.01-0.07
0.830.890.790.90.740.850.710.440.710.680.590.910.80.590.870.870.770.770.57-0.530.910.720.740.01-0.28
-0.68-0.62-0.65-0.31-0.71-0.62-0.560.3-0.540.11-0.76-0.6-0.54-0.76-0.54-0.54-0.71-0.7-0.440.22-0.6-0.72-0.06-0.07-0.28
Click cells to compare fundamentals

Atlas Engineered Account Relationship Matchups

Atlas Engineered fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8M27.1M35.8M50.5M58.1M61.0M
Short Long Term Debt Total13.1M9.2M9.4M15.2M17.5M18.4M
Other Current Liab1.7M1.3M3.1M3.2M3.7M3.8M
Total Current Liabilities12.3M5.3M6.8M6.9M7.9M8.3M
Total Stockholder Equity8.2M12.9M19.8M28.9M33.2M34.9M
Property Plant And Equipment Net9.6M8.1M8.5M11.9M13.7M14.4M
Current Deferred Revenue94.5K148.5K411.1K375.6K432.0K453.6K
Net Debt11.6M7.4M442.8K(872.9K)(785.6K)(746.3K)
Retained Earnings(8.0M)(7.7M)(778.1K)8.1M7.2M7.6M
Accounts Payable1.7M1.9M1.3M573.3K659.2K655.3K
Cash1.6M1.8M8.9M16.1M18.5M19.5M
Non Current Assets Total19.5M17.3M16.5M23.6M27.1M28.5M
Cash And Short Term Investments1.6M1.8M8.9M16.1M18.5M19.5M
Net Receivables3.4M5.4M6.7M5.8M6.7M7.0M
Common Stock Shares Outstanding45.9M56.5M77.1M63.1M72.6M76.2M
Liabilities And Stockholders Equity26.8M27.1M35.8M50.5M58.1M61.0M
Non Current Liabilities Total6.2M8.9M9.2M14.8M17.0M17.8M
Inventory1.9M2.3M3.4M4.6M5.3M5.5M
Other Current Assets431.7K284.7K259.1K362.7K417.1K438.0K
Other Stockholder Equity1.3M1.4M1.5M1.4M1.3M1.2M
Total Liab18.5M14.2M16.0M21.6M24.9M26.1M
Total Current Assets7.2M9.8M19.3M26.9M30.9M32.5M
Short Term Debt8.8M1.9M1.9M2.7M3.1M2.5M
Common Stock14.8M19.2M19.1M19.4M22.3M17.1M
Intangible Assets5.2M4.6M3.9M4.6M5.3M3.3M
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

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