Atlas Change To Liabilities vs Investments Analysis

ATLX Stock  USD 7.40  0.53  6.68%   
Atlas Lithium financial indicator trend analysis is way more than just evaluating Atlas Lithium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Lithium is a good investment. Please check the relationship between Atlas Lithium Change To Liabilities and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Atlas Stock please use our How to Invest in Atlas Lithium guide.

Change To Liabilities vs Investments

Change To Liabilities vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlas Lithium Change To Liabilities account and Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Atlas Lithium's Change To Liabilities and Investments is -0.84. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Investments in the same time period over historical financial statements of Atlas Lithium, assuming nothing else is changed. The correlation between historical values of Atlas Lithium's Change To Liabilities and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Atlas Lithium are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Liabilities i.e., Atlas Lithium's Change To Liabilities and Investments go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Change To Liabilities

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Atlas Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Lithium 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 Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Atlas Stock please use our How to Invest in Atlas Lithium guide.At this time, Atlas Lithium's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 22.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (7.29) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense253.6K155.8K179.2K170.2K
Depreciation And Amortization37.3K13.8K73.0K54.6K

Atlas Lithium fundamental ratios Correlations

0.91-0.940.98-0.731.00.940.741.0-0.220.980.220.860.99-1.01.0-0.11-0.471.0-0.250.920.470.991.00.73-0.6
0.91-0.760.91-0.610.90.830.610.9-0.280.820.150.630.9-0.920.89-0.01-0.260.87-0.570.850.180.920.890.88-0.49
-0.94-0.76-0.960.85-0.93-0.97-0.84-0.930.12-0.94-0.37-0.92-0.910.92-0.930.30.7-0.950.08-0.94-0.69-0.91-0.93-0.520.75
0.980.91-0.96-0.820.970.970.770.97-0.230.950.360.880.96-0.970.97-0.17-0.550.97-0.280.970.520.970.970.71-0.67
-0.73-0.610.85-0.82-0.67-0.86-0.75-0.680.11-0.67-0.72-0.82-0.670.69-0.690.330.69-0.720.19-0.92-0.64-0.67-0.68-0.40.77
1.00.9-0.930.97-0.670.920.721.0-0.220.990.160.851.0-1.01.0-0.09-0.440.99-0.230.880.450.991.00.74-0.56
0.940.83-0.970.97-0.860.920.80.91-0.140.90.390.870.9-0.920.92-0.27-0.670.93-0.240.970.620.910.920.62-0.82
0.740.61-0.840.77-0.750.720.80.71-0.160.720.390.720.7-0.750.72-0.27-0.630.73-0.130.780.60.70.720.42-0.74
1.00.9-0.930.97-0.681.00.910.71-0.220.990.160.851.0-1.01.0-0.08-0.441.0-0.230.880.441.01.00.74-0.56
-0.22-0.280.12-0.230.11-0.22-0.14-0.16-0.22-0.18-0.19-0.14-0.230.22-0.21-0.190.04-0.20.17-0.21-0.14-0.24-0.21-0.46-0.04
0.980.82-0.940.95-0.670.990.90.720.99-0.180.160.890.98-0.970.99-0.12-0.490.99-0.070.860.510.970.990.65-0.55
0.220.15-0.370.36-0.720.160.390.390.16-0.190.160.530.16-0.170.170.03-0.340.23-0.080.510.360.170.160.13-0.45
0.860.63-0.920.88-0.820.850.870.720.85-0.140.890.530.84-0.830.86-0.08-0.560.90.110.860.620.830.850.48-0.62
0.990.9-0.910.96-0.671.00.90.71.0-0.230.980.160.84-1.01.0-0.06-0.410.99-0.240.870.420.991.00.75-0.53
-1.0-0.920.92-0.970.69-1.0-0.92-0.75-1.00.22-0.97-0.17-0.83-1.0-1.00.090.43-0.990.29-0.89-0.43-0.99-1.0-0.760.58
1.00.89-0.930.97-0.691.00.920.721.0-0.210.990.170.861.0-1.0-0.1-0.461.0-0.220.890.460.991.00.72-0.57
-0.11-0.010.3-0.170.33-0.09-0.27-0.27-0.08-0.19-0.120.03-0.08-0.060.09-0.10.8-0.1-0.14-0.27-0.71-0.02-0.090.410.36
-0.47-0.260.7-0.550.69-0.44-0.67-0.63-0.440.04-0.49-0.34-0.56-0.410.43-0.460.8-0.48-0.2-0.64-0.94-0.39-0.450.080.73
1.00.87-0.950.97-0.720.990.930.731.0-0.20.990.230.90.99-0.991.0-0.1-0.48-0.170.90.50.991.00.7-0.58
-0.25-0.570.08-0.280.19-0.23-0.24-0.13-0.230.17-0.07-0.080.11-0.240.29-0.22-0.14-0.2-0.17-0.30.3-0.28-0.22-0.580.15
0.920.85-0.940.97-0.920.880.970.780.88-0.210.860.510.860.87-0.890.89-0.27-0.640.9-0.30.580.880.880.63-0.75
0.470.18-0.690.52-0.640.450.620.60.44-0.140.510.360.620.42-0.430.46-0.71-0.940.50.30.580.390.46-0.13-0.61
0.990.92-0.910.97-0.670.990.910.71.0-0.240.970.170.830.99-0.990.99-0.02-0.390.99-0.280.880.390.990.79-0.57
1.00.89-0.930.97-0.681.00.920.721.0-0.210.990.160.851.0-1.01.0-0.09-0.451.0-0.220.880.460.990.73-0.56
0.730.88-0.520.71-0.40.740.620.420.74-0.460.650.130.480.75-0.760.720.410.080.7-0.580.63-0.130.790.73-0.31
-0.6-0.490.75-0.670.77-0.56-0.82-0.74-0.56-0.04-0.55-0.45-0.62-0.530.58-0.570.360.73-0.580.15-0.75-0.61-0.57-0.56-0.31
Click cells to compare fundamentals

Atlas Lithium Account Relationship Matchups

Atlas Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0M951.9K1.6M5.7M43.7M45.9M
Total Stockholder Equity(2.8M)(3.5M)(1.1M)1.7M8.9M9.3M
Retained Earnings(51.0M)(52.2M)(55.0M)(59.6M)(101.7M)(96.6M)
Non Current Assets Total832.7K646.7K1.5M5.3M14.0M14.7M
Cash And Short Term Investments151.1K253.6K22.8K280.5K29.5M31.0M
Common Stock Shares Outstanding1.1M1.7M3.7M4.6M10.1M10.6M
Liabilities And Stockholders Equity1.0M951.9K1.6M5.7M43.7M45.9M
Other Stockholder Equity47.7M47.5M57.7M62.3M111.7M56.7M
Total Current Assets193.8K305.1K57.9K345.4K29.7M31.2M
Common Stock1.1M2.0M3.1M5.1K12.8K12.1K
Short Long Term Debt Total1.5M1.7M10.2K21.5K10.2M10.7M
Other Current Liab496.4K324.4K678.2K2.4M1.0M920.0K
Total Current Liabilities2.2M2.3M998.4K2.8M5.7M6.0M
Property Plant And Equipment Net172.8K89.3K53.9K217.6K6.9M7.2M
Net Debt1.4M1.4M(12.6K)(259.0K)(19.3M)(18.4M)
Cash151.1K253.6K22.8K280.5K29.5M31.0M
Net Receivables22.9K37.8K17.9K17.8K50.8K40.7K
Inventory15.1K11.7K0.0(17.7K)(15.9K)(15.1K)
Total Liab2.3M2.4M1.1M2.9M34.4M36.1M
Accumulated Other Comprehensive Income(581.0K)(775.1K)(712.8K)(981.0K)(1.1M)(1.1M)
Short Term Debt1.5M1.7M10.2K21.5K182.0K172.9K
Accounts Payable141.9K327.7K310.0K408.9K3.4M3.6M
Non Current Liabilities Total192.7K121.3K108.9K79.0K28.7M30.1M
Other Current Assets4.8K2.0K17.2K47.1K113.9K119.6K
Short Term Investments4.8K2.0K17.2K47.1K54.2K56.9K
Net Invested Capital(1.3M)(1.8M)(1.1M)1.7M18.7M19.6M
Short Long Term Debt1.5M1.7M10.2K21.5K67.0K63.7K
Capital Stock1.1M2.0M3.1M5.3K12.8K12.1K
Non Current Liabilities Other192.7K121.3K108.9K79.0K71.1K110.4K
Net Working Capital(2.0M)(2.0M)(940.5K)(2.5M)24.0M25.2M

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