Allegheny Free Cash Flow vs Change To Inventory Analysis

ATI Stock

USD 58.16 1.25 2.20%

Allegheny Technologies financial indicator trend analysis is way more than just evaluating Allegheny Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allegheny Technologies is a good investment. Please check the relationship between Allegheny Technologies Free Cash Flow and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegheny Technologies Incorporated. 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.

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allegheny Technologies Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Allegheny Technologies' Free Cash Flow and Change To Inventory is -0.43. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Allegheny Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Allegheny Technologies' Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Allegheny Technologies Incorporated are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Allegheny Technologies' Free Cash Flow and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from Allegheny Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allegheny Technologies 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 Allegheny Technologies Incorporated. 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.

As of now, Allegheny Technologies' Tax Provision is increasing as compared to previous years. The Allegheny Technologies' current Enterprise Value is estimated to increase to about 2.4 B, while Selling General Administrative is projected to decrease to under 185.9 M.

	2022	2023	2024	2025 (projected)
Gross Profit	714.2M	802.6M	898.2M	469.1M
Total Revenue	3.8B	7.5B	4.4B	4.2B

Gross Profit Total Revenue

Allegheny Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt
Total Assets		0.47	-0.15	0.54	0.9	0.92	0.45	0.78	0.6	0.19	0.91	-0.53	0.19	0.22	0.85	-0.71	0.01	0.7	0.88	0.23	0.08	0.83	0.52	0.63	-0.69	0.17
Short Long Term Debt Total	0.47		-0.44	0.61	0.12	0.32	0.73	-0.07	0.47	0.65	0.2	-0.52	0.65	0.22	0.08	-0.47	0.52	0.63	0.58	-0.29	0.52	0.78	0.43	0.72	-0.37	0.25
Other Current Liab	-0.15	-0.44		-0.52	-0.04	-0.03	0.14	0.11	-0.09	-0.81	0.05	0.24	-0.81	0.1	0.14	0.08	-0.24	-0.06	0.0	0.37	-0.29	-0.24	-0.06	-0.43	0.05	-0.75
Total Current Liabilities	0.54	0.61	-0.52		0.48	0.23	0.14	0.1	0.79	0.74	0.19	-0.41	0.74	0.66	0.11	-0.32	0.43	0.11	0.61	0.28	0.3	0.45	0.5	0.92	-0.13	0.57
Total Stockholder Equity	0.9	0.12	-0.04	0.48		0.82	0.15	0.84	0.55	0.01	0.87	-0.27	0.01	0.31	0.85	-0.55	-0.17	0.37	0.73	0.45	-0.15	0.5	0.5	0.48	-0.51	0.21
Property Plant And Equipment Net	0.92	0.32	-0.03	0.23	0.82		0.52	0.82	0.35	-0.1	0.98	-0.5	-0.1	-0.08	0.92	-0.67	-0.16	0.77	0.72	0.12	0.01	0.77	0.41	0.3	-0.7	0.02
Net Debt	0.45	0.73	0.14	0.14	0.15	0.52		0.13	0.28	-0.04	0.42	-0.44	-0.04	0.06	0.33	-0.47	0.21	0.74	0.55	-0.23	0.3	0.71	0.37	0.26	-0.44	-0.23
Retained Earnings	0.78	-0.07	0.11	0.1	0.84	0.82	0.13		0.19	-0.25	0.89	-0.21	-0.25	-0.05	0.94	-0.35	-0.44	0.47	0.53	0.33	-0.47	0.46	0.04	0.14	-0.45	-0.01
Accounts Payable	0.6	0.47	-0.09	0.79	0.55	0.35	0.28	0.19		0.38	0.3	-0.37	0.38	0.8	0.21	-0.32	0.62	0.2	0.77	0.37	0.39	0.46	0.51	0.83	-0.16	0.0
Cash	0.19	0.65	-0.81	0.74	0.01	-0.1	-0.04	-0.25	0.38		-0.17	-0.28	1.0	0.26	-0.25	-0.16	0.52	0.11	0.24	-0.17	0.44	0.36	0.22	0.76	-0.06	0.62
Non Current Assets Total	0.91	0.2	0.05	0.19	0.87	0.98	0.42	0.89	0.3	-0.17		-0.42	-0.17	-0.07	0.97	-0.64	-0.27	0.7	0.69	0.2	-0.13	0.7	0.38	0.25	-0.69	0.02
Non Currrent Assets Other	-0.53	-0.52	0.24	-0.41	-0.27	-0.5	-0.44	-0.21	-0.37	-0.28	-0.42		-0.28	0.06	-0.35	0.59	-0.13	-0.63	-0.59	0.03	-0.41	-0.71	-0.22	-0.46	0.58	-0.21
Cash And Short Term Investments	0.19	0.65	-0.81	0.74	0.01	-0.1	-0.04	-0.25	0.38	1.0	-0.17	-0.28		0.26	-0.25	-0.16	0.52	0.11	0.24	-0.17	0.44	0.36	0.22	0.76	-0.06	0.62
Net Receivables	0.22	0.22	0.1	0.66	0.31	-0.08	0.06	-0.05	0.8	0.26	-0.07	0.06	0.26		-0.07	-0.03	0.49	-0.25	0.44	0.49	0.2	0.01	0.39	0.64	0.16	0.02
Good Will	0.85	0.08	0.14	0.11	0.85	0.92	0.33	0.94	0.21	-0.25	0.97	-0.35	-0.25	-0.07		-0.6	-0.4	0.63	0.62	0.27	-0.27	0.6	0.25	0.18	-0.67	0.02
Common Stock Total Equity	-0.71	-0.47	0.08	-0.32	-0.55	-0.67	-0.47	-0.35	-0.32	-0.16	-0.64	0.59	-0.16	-0.03	-0.6		-0.03	-0.67	-0.68	0.04	-0.44	-0.71	-0.68	-0.46	0.94	-0.25
Common Stock Shares Outstanding	0.01	0.52	-0.24	0.43	-0.17	-0.16	0.21	-0.44	0.62	0.52	-0.27	-0.13	0.52	0.49	-0.4	-0.03		0.1	0.27	-0.21	0.73	0.24	0.25	0.54	0.08	-0.16
Non Current Liabilities Total	0.7	0.63	-0.06	0.11	0.37	0.77	0.74	0.47	0.2	0.11	0.7	-0.63	0.11	-0.25	0.63	-0.67	0.1		0.66	-0.25	0.27	0.93	0.24	0.33	-0.74	-0.13
Inventory	0.88	0.58	0.0	0.61	0.73	0.72	0.55	0.53	0.77	0.24	0.69	-0.59	0.24	0.44	0.62	-0.68	0.27	0.66		0.18	0.27	0.81	0.54	0.77	-0.6	-0.02
Other Current Assets	0.23	-0.29	0.37	0.28	0.45	0.12	-0.23	0.33	0.37	-0.17	0.2	0.03	-0.17	0.49	0.27	0.04	-0.21	-0.25	0.18		-0.33	-0.12	0.16	0.17	0.11	-0.01
Other Stockholder Equity	0.08	0.52	-0.29	0.3	-0.15	0.01	0.3	-0.47	0.39	0.44	-0.13	-0.41	0.44	0.2	-0.27	-0.44	0.73	0.27	0.27	-0.33		0.35	0.49	0.42	-0.31	0.06
Total Liab	0.83	0.78	-0.24	0.45	0.5	0.77	0.71	0.46	0.46	0.36	0.7	-0.71	0.36	0.01	0.6	-0.71	0.24	0.93	0.81	-0.12	0.35		0.39	0.63	-0.71	0.08
Property Plant And Equipment Gross	0.52	0.43	-0.06	0.5	0.5	0.41	0.37	0.04	0.51	0.22	0.38	-0.22	0.22	0.39	0.25	-0.68	0.25	0.24	0.54	0.16	0.49	0.39		0.51	-0.5	0.25
Total Current Assets	0.63	0.72	-0.43	0.92	0.48	0.3	0.26	0.14	0.83	0.76	0.25	-0.46	0.76	0.64	0.18	-0.46	0.54	0.33	0.77	0.17	0.42	0.63	0.51		-0.31	0.36
Common Stock	-0.69	-0.37	0.05	-0.13	-0.51	-0.7	-0.44	-0.45	-0.16	-0.06	-0.69	0.58	-0.06	0.16	-0.67	0.94	0.08	-0.74	-0.6	0.11	-0.31	-0.71	-0.5	-0.31		-0.15
Short Term Debt	0.17	0.25	-0.75	0.57	0.21	0.02	-0.23	-0.01	0.0	0.62	0.02	-0.21	0.62	0.02	0.02	-0.25	-0.16	-0.13	-0.02	-0.01	0.06	0.08	0.25	0.36	-0.15

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Allegheny Technologies Account Relationship Matchups

Allegheny Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.0B	4.3B	4.4B	5.0B	5.2B	4.6B
Short Long Term Debt Total	1.6B	1.8B	1.7B	2.2B	1.9B	1.2B
Other Current Liab	233.1M	216.2M	219.8M	256.8M	249.6M	272.1M
Total Current Liabilities	653.3M	856.4M	963.9M	977.1M	1.2B	783.8M
Total Stockholder Equity	521.1M	685.6M	1.0B	1.4B	1.9B	1.6B
Property Plant And Equipment Net	1.5B	1.5B	1.5B	1.7B	1.8B	1.8B
Net Debt	921.9M	1.2B	1.2B	1.4B	1.2B	822.7M
Retained Earnings	106.5M	72.7M	176.9M	(70.1M)	64.3M	61.1M
Accounts Payable	290.6M	375.5M	553.3M	524.8M	609.1M	392.7M
Cash	645.9M	687.7M	584M	743.9M	721.2M	400.0M
Non Current Assets Total	2.0B	2.0B	2.0B	2.2B	2.3B	2.6B
Non Currrent Assets Other	259M	222.1M	192.9M	354.3M	281.5M	262.5M
Cash And Short Term Investments	645.9M	687.7M	584M	743.9M	721.2M	400.0M
Net Receivables	384.7M	523.9M	643.3M	684.1M	784.8M	553.1M
Good Will	525.8M	240.7M	227.9M	227.2M	261.3M	386.1M
Common Stock Shares Outstanding	126.5M	127.1M	151.2M	150M	146.8M	119.5M
Liabilities And Stockholders Equity	4.0B	4.3B	4.4B	5.0B	5.2B	4.6B
Non Current Liabilities Total	2.7B	2.6B	2.3B	2.5B	2.1B	2.1B
Inventory	997.1M	1.0B	1.2B	1.2B	1.4B	1.0B
Other Current Assets	38.3M	48.8M	53.4M	62.2M	86M	67.7M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.5B	1.9B	2.0B
Total Liab	3.4B	3.5B	3.3B	3.5B	3.3B	2.9B
Property Plant And Equipment Gross	1.5B	1.5B	1.5B	3.7B	3.9B	4.1B
Total Current Assets	2.1B	2.3B	2.5B	2.7B	2.9B	2.1B
Accumulated Other Comprehensive Income	(1.2B)	(991.7M)	(725.2M)	(83.2M)	(89.5M)	(94.0M)
Intangible Assets	87.9M	65.9M	58.5M	51.1M	46.0M	43.7M
Other Liab	1.1B	1.2B	884.5M	578.5M	665.3M	1.0B
Other Assets	115.7M	259.4M	259M	222.1M	173.6M	217.6M
Long Term Debt	1.6B	1.7B	1.7B	2.1B	1.7B	1.3B
Treasury Stock	(30.6M)	(18.2M)	(4.8M)	(87M)	(100.1M)	(105.1M)
Property Plant Equipment	2.5B	1.5B	1.5B	1.5B	1.8B	1.9B
Short Term Investments	300M	487.7M	464.9M	700K	805K	764.8K
Current Deferred Revenue	111.8M	116.2M	149.1M	163.6M	169.4M	133.0M
Net Tangible Assets	1.6B	280.4M	457.7M	818.7M	736.8M	1.1B
Noncontrolling Interest In Consolidated Entity	103.1M	120.3M	147.1M	111.3M	128.0M	115.1M
Retained Earnings Total Equity	1.7B	106.5M	72.7M	176.9M	159.2M	151.2M

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When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' 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 Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock:

How To Invest In Allegheny

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Is Allegheny Stock a good investment?

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What is Allegheny Technologies' Net Worth?

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Largest Metals & Mining Companies

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Largest Metal Fabrication Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegheny Technologies Incorporated. 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.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Is Metals & Mining 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 Allegheny Technologies. If investors know Allegheny 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 Allegheny Technologies 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

(0.05)

Earnings Share

2.55

Revenue Per Share

33.452

Quarterly Revenue Growth

0.102

Return On Assets

0.0667

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

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change To Inventory

Allegheny Technologies fundamental ratios Correlations

Allegheny Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allegheny Technologies fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Good Will	+ 0.97	Non Current Assets Total
Good Will	+ 0.94	Retained Earnings
Common Stock	+ 0.94	Common Stock Total Equity
Total Liab	+ 0.93	Non Current Liabilities Total

Cash And Short Term Investments	- 0.81	Other Current Liab
Cash	- 0.81	Other Current Liab
Short Term Debt	- 0.75	Other Current Liab
Common Stock	- 0.74	Non Current Liabilities Total
Common Stock	- 0.71	Total Liab
Total Liab	- 0.71	Common Stock Total Equity