Atlas Gross Profit vs Operating Income Analysis

ATCOL Stock

USD 25.08 0.04 0.16%

Atlas Corp financial indicator trend analysis is way more than just evaluating Atlas Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Corp is a good investment. Please check the relationship between Atlas Corp Gross Profit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlas Corp Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Atlas Corp's Gross Profit and Operating Income is 0.91. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Atlas Corp, assuming nothing else is changed. The correlation between historical values of Atlas Corp's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Atlas Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Atlas Corp's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Atlas Corp minus its cost of goods sold. It is profit before Atlas Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Atlas Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Atlas Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Atlas Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Corp 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 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.At this time, Atlas Corp's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.22 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.06.

	2021	2022	2023	2024 (projected)
Total Revenue	1.6B	1.7B	2.0B	2.0B
Depreciation And Amortization	289.2M	358.7M	412.5M	433.1M

Total Revenue Depreciation And Amortization

Atlas Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Other Current Liab	Total Stockholder Equity	Other Stockholder Equity	Current Deferred Revenue	Accounts Payable	Net Receivables	Inventory	Short Term Debt	Retained Earnings	Common Stock	Intangible Assets	Short Term Investments
Total Assets		0.99	0.93	1.0	0.99	0.18	1.0	0.75	0.16	0.95	0.97	0.9	0.99	0.77	0.38	0.98	0.76	0.29	0.96	0.14	0.84	0.88	0.66	-0.58	0.74	-0.41
Short Long Term Debt Total	0.99		0.92	0.99	1.0	0.14	0.99	0.69	0.12	0.95	0.96	0.91	0.98	0.75	0.38	0.97	0.73	0.19	0.97	0.15	0.86	0.86	0.72	-0.53	0.71	-0.38
Total Current Liabilities	0.93	0.92		0.92	0.92	0.06	0.94	0.71	0.02	0.95	0.84	0.86	0.89	0.61	0.2	0.95	0.77	0.39	0.89	0.09	0.79	0.99	0.65	-0.45	0.87	-0.57
Property Plant And Equipment Net	1.0	0.99	0.92		0.99	0.19	1.0	0.72	0.17	0.94	0.97	0.89	0.99	0.78	0.4	0.97	0.76	0.26	0.96	0.15	0.84	0.87	0.66	-0.59	0.72	-0.4
Net Debt	0.99	1.0	0.92	0.99		0.08	0.99	0.7	0.06	0.96	0.95	0.92	0.97	0.72	0.35	0.97	0.72	0.17	0.98	0.16	0.87	0.86	0.75	-0.5	0.72	-0.39
Cash	0.18	0.14	0.06	0.19	0.08		0.16	-0.03	1.0	-0.06	0.33	-0.05	0.28	0.58	0.74	0.03	0.29	0.38	0.06	-0.17	-0.04	0.02	-0.35	-0.66	-0.03	0.25
Non Current Assets Total	1.0	0.99	0.94	1.0	0.99	0.16		0.75	0.13	0.96	0.96	0.9	0.98	0.74	0.36	0.98	0.76	0.29	0.96	0.12	0.84	0.89	0.67	-0.57	0.75	-0.42
Non Currrent Assets Other	0.75	0.69	0.71	0.72	0.7	-0.03	0.75		-0.04	0.75	0.69	0.61	0.71	0.39	0.04	0.77	0.49	0.22	0.68	-0.03	0.52	0.72	0.61	-0.29	0.6	-0.34
Cash And Short Term Investments	0.16	0.12	0.02	0.17	0.06	1.0	0.13	-0.04		-0.09	0.31	-0.08	0.26	0.56	0.74	0.0	0.25	0.35	0.04	-0.18	-0.06	-0.02	-0.36	-0.65	-0.06	0.31
Common Stock Shares Outstanding	0.95	0.95	0.95	0.94	0.96	-0.06	0.96	0.75	-0.09		0.85	0.93	0.89	0.55	0.13	0.99	0.72	0.17	0.96	0.03	0.89	0.91	0.79	-0.34	0.84	-0.49
Non Current Liabilities Total	0.97	0.96	0.84	0.97	0.95	0.33	0.96	0.69	0.31	0.85		0.83	0.99	0.86	0.55	0.9	0.7	0.3	0.92	0.16	0.78	0.77	0.58	-0.67	0.6	-0.27
Other Current Assets	0.9	0.91	0.86	0.89	0.92	-0.05	0.9	0.61	-0.08	0.93	0.83		0.86	0.62	0.24	0.91	0.62	0.13	0.97	0.08	0.97	0.78	0.79	-0.26	0.69	-0.42
Total Liab	0.99	0.98	0.89	0.99	0.97	0.28	0.98	0.71	0.26	0.89	0.99	0.86		0.83	0.5	0.93	0.73	0.32	0.94	0.15	0.8	0.83	0.61	-0.64	0.66	-0.33
Total Current Assets	0.77	0.75	0.61	0.78	0.72	0.58	0.74	0.39	0.56	0.55	0.86	0.62	0.83		0.68	0.65	0.56	0.3	0.68	0.36	0.58	0.52	0.27	-0.77	0.29	-0.22
Other Current Liab	0.38	0.38	0.2	0.4	0.35	0.74	0.36	0.04	0.74	0.13	0.55	0.24	0.5	0.68		0.2	0.37	0.29	0.34	0.12	0.2	0.11	-0.04	-0.61	-0.04	0.22
Total Stockholder Equity	0.98	0.97	0.95	0.97	0.97	0.03	0.98	0.77	0.0	0.99	0.9	0.91	0.93	0.65	0.2		0.78	0.24	0.95	0.12	0.85	0.92	0.71	-0.48	0.82	-0.51
Other Stockholder Equity	0.76	0.73	0.77	0.76	0.72	0.29	0.76	0.49	0.25	0.72	0.7	0.62	0.73	0.56	0.37	0.78		0.52	0.67	0.2	0.56	0.76	0.27	-0.68	0.74	-0.52
Current Deferred Revenue	0.29	0.19	0.39	0.26	0.17	0.38	0.29	0.22	0.35	0.17	0.3	0.13	0.32	0.3	0.29	0.24	0.52		0.15	0.04	0.03	0.4	-0.32	-0.56	0.38	-0.34
Accounts Payable	0.96	0.97	0.89	0.96	0.98	0.06	0.96	0.68	0.04	0.96	0.92	0.97	0.94	0.68	0.34	0.95	0.67	0.15		0.06	0.94	0.81	0.78	-0.39	0.7	-0.34
Net Receivables	0.14	0.15	0.09	0.15	0.16	-0.17	0.12	-0.03	-0.18	0.03	0.16	0.08	0.15	0.36	0.12	0.12	0.2	0.04	0.06		-0.01	0.08	0.0	-0.32	-0.18	-0.43
Inventory	0.84	0.86	0.79	0.84	0.87	-0.04	0.84	0.52	-0.06	0.89	0.78	0.97	0.8	0.58	0.2	0.85	0.56	0.03	0.94	-0.01		0.7	0.8	-0.18	0.67	-0.31
Short Term Debt	0.88	0.86	0.99	0.87	0.86	0.02	0.89	0.72	-0.02	0.91	0.77	0.78	0.83	0.52	0.11	0.92	0.76	0.4	0.81	0.08	0.7		0.61	-0.42	0.89	-0.6
Retained Earnings	0.66	0.72	0.65	0.66	0.75	-0.35	0.67	0.61	-0.36	0.79	0.58	0.79	0.61	0.27	-0.04	0.71	0.27	-0.32	0.78	0.0	0.8	0.61		0.16	0.49	-0.21
Common Stock	-0.58	-0.53	-0.45	-0.59	-0.5	-0.66	-0.57	-0.29	-0.65	-0.34	-0.67	-0.26	-0.64	-0.77	-0.61	-0.48	-0.68	-0.56	-0.39	-0.32	-0.18	-0.42	0.16		-0.29	0.23
Intangible Assets	0.74	0.71	0.87	0.72	0.72	-0.03	0.75	0.6	-0.06	0.84	0.6	0.69	0.66	0.29	-0.04	0.82	0.74	0.38	0.7	-0.18	0.67	0.89	0.49	-0.29		-0.49
Short Term Investments	-0.41	-0.38	-0.57	-0.4	-0.39	0.25	-0.42	-0.34	0.31	-0.49	-0.27	-0.42	-0.33	-0.22	0.22	-0.51	-0.52	-0.34	-0.34	-0.43	-0.31	-0.6	-0.21	0.23	-0.49

Click cells to compare fundamentals

Atlas Corp Account Relationship Matchups

Atlas Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.9B	9.3B	10.6B	11.3B	13.0B	13.6B
Short Long Term Debt Total	4.5B	5.3B	6.3B	6.5B	7.5B	7.9B
Total Current Liabilities	769.5M	854.6M	1.2B	1.0B	1.2B	1.3B
Property Plant And Equipment Net	6.7B	7.9B	8.8B	9.3B	10.7B	11.3B
Net Debt	4.3B	5.0B	6.1B	6.2B	7.2B	7.5B
Cash	195M	304.3M	288.6M	280M	322M	218.4M
Non Current Assets Total	7.6B	8.7B	10.0B	10.7B	12.3B	12.9B
Non Currrent Assets Other	802.7M	165.1M	177.9M	1.2B	1.4B	1.5B
Cash And Short Term Investments	195M	304.3M	288.6M	280M	322M	221.9M
Common Stock Shares Outstanding	219.9M	250.5M	265.9M	290.8M	334.4M	351.1M
Liabilities And Stockholders Equity	7.9B	9.3B	10.6B	11.3B	13.0B	13.6B
Non Current Liabilities Total	3.9B	4.8B	5.9B	6.1B	7.1B	7.4B
Other Current Assets	31.7M	133.2M	139.7M	143.6M	165.1M	173.4M
Total Liab	4.7B	5.7B	7.1B	7.2B	8.2B	8.7B
Total Current Assets	280.7M	584.3M	547.7M	593.2M	682.2M	716.3M
Other Current Liab	24.9M	42M	85.3M	73.8M	84.9M	45.4M
Total Stockholder Equity	3.2B	3.6B	3.5B	4.1B	4.7B	5.0B
Other Stockholder Equity	3.5B	3.8B	3.5B	3.7B	4.3B	2.2B
Current Deferred Revenue	20.3M	28.2M	46.6M	25.2M	29.0M	23.7M
Accounts Payable	66.3M	116.9M	140.1M	143.8M	165.4M	173.6M
Net Receivables	53.9M	86.6M	73M	119.6M	137.5M	72.9M
Accumulated Other Comprehensive Income	(21.6M)	(20.3M)	(19.1M)	(18.1M)	(20.8M)	(21.9M)
Short Term Debt	658M	557.1M	806.6M	723.4M	831.9M	873.5M
Retained Earnings	(200.7M)	(199.2M)	7.5M	420M	483M	507.2M
Common Stock	2.1M	2.5M	2.4M	2.8M	2.5M	2.4M
Intangible Assets	94M	104.8M	90.1M	75.7M	87.1M	91.4M
Other Liab	192.4M	12.1M	16.3M	48.4M	43.6M	41.4M
Net Tangible Assets	2.3B	3.1B	3.1B	3.3B	3.8B	3.0B
Other Assets	534.6M	802.1M	546.2M	995.9M	1.1B	807.7M
Deferred Long Term Liab	54M	41.3M	63.8M	156.4M	179.9M	188.9M
Property Plant Equipment	5.9B	6.7B	7.5B	8.4B	9.7B	7.3B

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When determining whether Atlas Corp is a strong investment it is important to analyze Atlas Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlas Corp's future performance. For an informed investment choice regarding Atlas Stock, refer to the following important reports:

How To Invest In Atlas

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Is Atlas Stock a good investment?

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What is Atlas Corp's Net Worth?

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Largest Cargo Ground Transportation Companies

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Largest Transportation Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Is Cargo Ground Transportation 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 Atlas Corp. If investors know Atlas 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 Atlas Corp 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

1.408

Earnings Share

1.736

Revenue Per Share

9.517

Quarterly Revenue Growth

0.297

Return On Assets

0.0431

The market value of Atlas Corp is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlas Corp'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 Atlas Corp's market value can be influenced by many factors that don't directly affect Atlas Corp'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 Atlas Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Corp'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.

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Atlas Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Atlas Corp fundamental ratios Correlations

Atlas Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Atlas Corp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Assets

Common Stock	- 0.77	Total Current Assets
Common Stock	- 0.68	Other Stockholder Equity
Common Stock	- 0.67	Non Current Liabilities Total
Common Stock	- 0.66	Cash
Common Stock	- 0.65	Cash And Short Term Investments
Common Stock	- 0.64	Total Liab