Atour Payables Turnover vs Ptb Ratio Analysis

ATAT Stock   27.01  0.98  3.50%   
Atour Lifestyle financial indicator trend analysis is way more than just evaluating Atour Lifestyle Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atour Lifestyle Holdings is a good investment. Please check the relationship between Atour Lifestyle Payables Turnover and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atour Lifestyle Holdings. 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.

Payables Turnover vs Ptb Ratio

Payables Turnover vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atour Lifestyle Holdings Payables Turnover account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Atour Lifestyle's Payables Turnover and Ptb Ratio is -0.91. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Atour Lifestyle Holdings, assuming nothing else is changed. The correlation between historical values of Atour Lifestyle's Payables Turnover and Ptb 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 Payables Turnover of Atour Lifestyle Holdings are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Payables Turnover i.e., Atour Lifestyle's Payables Turnover and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Atour Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atour Lifestyle Holdings 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 Atour Lifestyle Holdings. 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 is likely to gain to about 249.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 279 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization93.9M88.6M85.0M92.8M
Interest Income6.7M14.5M25.8M27.1M

Atour Lifestyle fundamental ratios Correlations

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Atour Lifestyle Account Relationship Matchups

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Additional Tools for Atour Stock Analysis

When running Atour Lifestyle's price analysis, check to measure Atour Lifestyle'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 Atour Lifestyle is operating at the current time. Most of Atour Lifestyle's value examination focuses on studying past and present price action to predict the probability of Atour Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atour Lifestyle's price. Additionally, you may evaluate how the addition of Atour Lifestyle to your portfolios can decrease your overall portfolio volatility.