ATAI Tax Provision vs Research Development Analysis

ATAI Stock  USD 1.48  0.05  3.27%   
ATAI Life financial indicator trend analysis is way more than just evaluating ATAI Life Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATAI Life Sciences is a good investment. Please check the relationship between ATAI Life Tax Provision and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATAI Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Tax Provision vs Research Development

Tax Provision vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATAI Life Sciences Tax Provision account and Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between ATAI Life's Tax Provision and Research Development is 0.65. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Research Development in the same time period over historical financial statements of ATAI Life Sciences, assuming nothing else is changed. The correlation between historical values of ATAI Life's Tax Provision and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of ATAI Life Sciences are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Tax Provision i.e., ATAI Life's Tax Provision and Research Development go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Research Development

Most indicators from ATAI Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATAI Life Sciences 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 ATAI Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of now, ATAI Life's Tax Provision is increasing as compared to previous years. The ATAI Life's current Selling General Administrative is estimated to increase to about 68.8 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization47K168K319K335.0K
Interest Income205K548K1.4M1.4M

ATAI Life fundamental ratios Correlations

0.660.820.96-0.110.930.990.62-0.75-0.90.920.80.550.910.660.99-0.820.940.970.83-0.670.960.970.860.490.47
0.660.870.760.650.40.650.97-0.04-0.910.580.110.820.81.00.59-0.570.780.760.23-0.920.50.80.270.880.79
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0.960.760.930.080.850.950.7-0.64-0.960.930.70.580.980.760.94-0.90.970.940.71-0.720.880.980.740.630.49
-0.110.650.410.08-0.42-0.120.580.62-0.32-0.19-0.570.370.170.65-0.160.070.130.06-0.43-0.43-0.270.13-0.40.760.41
0.930.40.60.85-0.420.920.41-0.86-0.720.940.880.440.80.40.94-0.830.780.830.83-0.510.940.810.850.150.35
0.990.650.810.95-0.120.920.63-0.73-0.890.930.780.570.890.660.96-0.810.950.980.81-0.690.940.960.830.50.5
0.620.970.780.70.580.410.630.04-0.860.60.030.930.760.960.53-0.580.730.710.12-0.980.440.740.170.770.92
-0.75-0.04-0.39-0.640.62-0.86-0.730.040.43-0.7-1.00.07-0.55-0.05-0.820.6-0.57-0.63-0.950.04-0.87-0.6-0.950.040.17
-0.9-0.91-0.96-0.96-0.32-0.72-0.89-0.860.43-0.84-0.5-0.72-0.96-0.91-0.860.8-0.95-0.93-0.560.85-0.78-0.97-0.6-0.77-0.66
0.920.580.760.93-0.190.940.930.6-0.7-0.840.730.60.920.580.9-0.950.890.860.67-0.680.850.890.70.350.51
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0.550.820.570.580.370.440.570.930.07-0.720.6-0.010.640.810.44-0.540.620.610.02-0.970.370.620.060.510.99
0.910.80.940.980.170.80.890.76-0.55-0.960.920.60.640.810.89-0.930.930.890.6-0.770.810.950.640.640.56
0.661.00.880.760.650.40.660.96-0.05-0.910.580.120.810.810.6-0.570.780.760.24-0.910.50.810.280.880.78
0.990.590.790.94-0.160.940.960.53-0.82-0.860.90.860.440.890.6-0.810.890.940.89-0.570.990.930.910.430.35
-0.82-0.57-0.78-0.90.07-0.83-0.81-0.580.60.8-0.95-0.63-0.54-0.93-0.57-0.81-0.82-0.74-0.530.63-0.73-0.82-0.57-0.38-0.45
0.940.780.930.970.130.780.950.73-0.57-0.950.890.620.620.930.780.89-0.820.970.66-0.760.820.990.70.70.55
0.970.760.870.940.060.830.980.71-0.63-0.930.860.680.610.890.760.94-0.740.970.76-0.740.90.980.790.640.54
0.830.230.520.71-0.430.830.810.12-0.95-0.560.670.960.020.60.240.89-0.530.660.76-0.160.930.721.00.18-0.06
-0.67-0.92-0.74-0.72-0.43-0.51-0.69-0.980.040.85-0.68-0.1-0.97-0.77-0.91-0.570.63-0.76-0.74-0.16-0.49-0.76-0.21-0.67-0.95
0.960.50.690.88-0.270.940.940.44-0.87-0.780.850.90.370.810.50.99-0.730.820.90.93-0.490.880.950.320.28
0.970.80.930.980.130.810.960.74-0.6-0.970.890.660.620.950.810.93-0.820.990.980.72-0.760.880.750.690.54
0.860.270.560.74-0.40.850.830.17-0.95-0.60.70.960.060.640.280.91-0.570.70.791.0-0.210.950.750.22-0.02
0.490.880.860.630.760.150.50.770.04-0.770.350.030.510.640.880.43-0.380.70.640.18-0.670.320.690.220.49
0.470.790.510.490.410.350.50.920.17-0.660.51-0.110.990.560.780.35-0.450.550.54-0.06-0.950.280.54-0.020.49
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ATAI Life Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether ATAI Life Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATAI Life's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atai Life Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atai Life Sciences Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATAI Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATAI Life. If investors know ATAI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATAI Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
(0.80)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.54)
Return On Assets
(0.25)
The market value of ATAI Life Sciences is measured differently than its book value, which is the value of ATAI that is recorded on the company's balance sheet. Investors also form their own opinion of ATAI Life's value that differs from its market value or its book value, called intrinsic value, which is ATAI Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATAI Life's market value can be influenced by many factors that don't directly affect ATAI Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATAI Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAI Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAI Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.