Atrium Total Assets vs Short Long Term Debt Analysis
AI Stock | CAD 11.36 0.02 0.18% |
Atrium Mortgage financial indicator trend analysis is way more than just evaluating Atrium Mortgage Inve prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atrium Mortgage Inve is a good investment. Please check the relationship between Atrium Mortgage Total Assets and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atrium Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Total Assets vs Short Long Term Debt
Total Assets vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atrium Mortgage Inve Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Atrium Mortgage's Total Assets and Short Long Term Debt is 0.34. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Atrium Mortgage Investment, assuming nothing else is changed. The correlation between historical values of Atrium Mortgage's Total Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Atrium Mortgage Investment are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Atrium Mortgage's Total Assets and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Atrium Mortgage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Atrium Mortgage Inve books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Atrium Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atrium Mortgage Inve 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 Atrium Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Atrium Mortgage's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Multiple is likely to grow to 12.03, while Selling General Administrative is likely to drop about 744.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 54.3M | 66.1M | 77.3M | 43.0M | Other Operating Expenses | 345K | 535K | 1.3M | 1.4M |
Atrium Mortgage fundamental ratios Correlations
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Atrium Mortgage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atrium Mortgage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 743.6M | 755.3M | 775.5M | 874.8M | 877.9M | 590.1M | |
Total Stockholder Equity | 455.5M | 462.9M | 470.2M | 475.6M | 482.2M | 356.5M | |
Net Debt | 277.4M | 284.9M | 295.5M | 379.0M | 169.6M | 206.4M | |
Retained Earnings | (665K) | (447K) | 470.2M | (2.4M) | (3.0M) | (2.9M) | |
Net Receivables | 3.8M | 3.5M | 3.1M | 5.4M | 6.0M | 5.7M | |
Common Stock Shares Outstanding | 45.8M | 50.7M | 51.7M | 50.1M | 54.0M | 38.9M | |
Liabilities And Stockholders Equity | 743.6M | 755.3M | 775.5M | 874.8M | 877.9M | 590.1M | |
Other Stockholder Equity | 3.3M | 3.3M | 4.7M | 6.1M | 1.6M | 1.5M | |
Total Liab | 288.1M | 292.4M | 305.3M | 399.2M | 395.7M | 233.7M | |
Total Current Assets | 3.8M | 3.5M | 3.1M | 5.4M | 6.0M | 5.7M | |
Short Long Term Debt Total | 400.8M | 444.5M | 473.5M | 602.0M | 169.6M | 161.1M | |
Other Current Liab | (127.6M) | (162.2M) | (181.0M) | (229.1M) | 989K | 1.0M | |
Total Current Liabilities | 127.6M | 162.2M | 181.0M | 229.1M | 5.1M | 4.8M | |
Other Current Assets | 105K | 89K | 15.2M | 104K | (876.7M) | (832.9M) | |
Short Term Debt | 123.4M | 159.7M | 177.9M | 223.0M | 989K | 939.6K | |
Accounts Payable | 4.1M | 2.6M | 3.0M | 6.1M | 4.1M | 2.4M | |
Common Stock Total Equity | 345.3M | 385.3M | 452.9M | 460.1M | 529.1M | 349.3M | |
Common Stock | 452.9M | 460.1M | 465.5M | 471.9M | 478.9M | 391.8M | |
Net Tangible Assets | 455.5M | 462.9M | 470.2M | 475.6M | 546.9M | 397.6M | |
Long Term Debt | 277.4M | 284.9M | 295.5M | 156.0M | 168.6M | 238.1M | |
Non Current Liabilities Total | 153.9M | 125.2M | 181.0M | 229.1M | 189.7M | 149.4M | |
Short Long Term Debt | 123.4M | 159.7M | 177.9M | 223.0M | 989K | 939.6K | |
Accumulated Other Comprehensive Income | 2.6M | 2.2M | 3.1M | 4.5M | 4.7M | 4.5M | |
Non Current Assets Total | 16.3M | 16.3M | 15.2M | 104K | 871.8M | 915.4M | |
Non Currrent Assets Other | (727.3M) | (739.0M) | (760.3M) | (874.7M) | (877.8M) | (921.7M) | |
Long Term Debt Total | 277.4M | 284.9M | 295.5M | 379.0M | 435.8M | 306.0M | |
Net Invested Capital | 732.9M | 747.8M | 765.7M | 854.5M | 651.8M | 795.9M | |
Capital Stock | 452.9M | 460.1M | 465.5M | 471.9M | 478.9M | 497.6M |
Pair Trading with Atrium Mortgage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atrium Mortgage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atrium Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving against Atrium Stock
0.64 | CNQ | Canadian Natural Res | PairCorr |
0.62 | TRP | TC Energy Corp | PairCorr |
0.5 | MFC | Manulife Financial Corp | PairCorr |
0.44 | CM | Canadian Imperial Bank Earnings Call This Week | PairCorr |
0.32 | BNS | Bank of Nova Scotia Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Atrium Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atrium Mortgage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atrium Mortgage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atrium Mortgage Investment to buy it.
The correlation of Atrium Mortgage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atrium Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atrium Mortgage Inve moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atrium Mortgage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Atrium Stock
Balance Sheet is a snapshot of the financial position of Atrium Mortgage Inve at a specified time, usually calculated after every quarter, six months, or one year. Atrium Mortgage Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Atrium Mortgage and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Atrium currently owns. An asset can also be divided into two categories, current and non-current.