Atara Payables Turnover vs Price To Sales Ratio Analysis
ATRA Stock | USD 10.35 0.16 1.52% |
Atara Biotherapeutics financial indicator trend analysis is way more than just evaluating Atara Biotherapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atara Biotherapeutics is a good investment. Please check the relationship between Atara Biotherapeutics Payables Turnover and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.
Payables Turnover vs Price To Sales Ratio
Payables Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atara Biotherapeutics Payables Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Atara Biotherapeutics' Payables Turnover and Price To Sales Ratio is -0.87. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Atara Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Atara Biotherapeutics' Payables Turnover and Price To Sales 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 Atara Biotherapeutics are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payables Turnover i.e., Atara Biotherapeutics' Payables Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Atara Biotherapeutics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Atara Biotherapeutics sales, a figure that is much harder to manipulate than other Atara Biotherapeutics multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Atara Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atara Biotherapeutics 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 Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 6.24, whereas Selling General Administrative is forecasted to decline to about 47.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 367K | 2.0M | 944K | 896.8K | Interest Income | 367K | 2.0M | 4.8M | 3.2M |
Atara Biotherapeutics fundamental ratios Correlations
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Atara Biotherapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atara Biotherapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 342.9M | 588.1M | 468.1M | 376.4M | 165.5M | 302.7M | |
Other Current Liab | 5.7M | 40.3M | 44.9M | 50.4M | 48.5M | 51.0M | |
Total Current Liabilities | 36.7M | 82.9M | 105.8M | 78.9M | 142.2M | 149.3M | |
Total Stockholder Equity | 290.8M | 462.3M | 279.6M | 126.6M | (99.2M) | (94.3M) | |
Other Liab | 1.0M | 29.7M | 57.2M | 109.2M | 125.5M | 131.8M | |
Property Plant And Equipment Net | 68.2M | 62.8M | 79.9M | 74.3M | 58.8M | 42.2M | |
Net Debt | (60.2M) | (187.4M) | (80.6M) | (21.2M) | 32.0M | 33.6M | |
Retained Earnings | (818.0M) | (1.1B) | (1.5B) | (1.7B) | (2.0B) | (1.9B) | |
Accounts Payable | 8.0M | 7.1M | 17.4M | 6.9M | 3.7M | 6.1M | |
Cash | 74.3M | 200.4M | 106.1M | 92.9M | 25.8M | 24.5M | |
Non Current Assets Total | 70.0M | 64.8M | 83.5M | 81.3M | 63.6M | 44.3M | |
Non Currrent Assets Other | 567K | 827K | 2.4M | 7.0M | 4.8M | 5.1M | |
Other Assets | 1.8M | 14.3M | 3.6M | 7.0M | 1.0 | 0.95 | |
Cash And Short Term Investments | 259.1M | 500.7M | 371.1M | 242.8M | 51.7M | 49.1M | |
Common Stock Total Equity | 6K | 8K | 9K | 10K | 11.5K | 12.1K | |
Common Stock Shares Outstanding | 51.3M | 3.0M | 3.7M | 4.1M | 4.2M | 4.0M | |
Liabilities And Stockholders Equity | 342.9M | 588.1M | 468.1M | 376.4M | 165.5M | 302.7M | |
Non Current Liabilities Total | 15.4M | 42.9M | 82.7M | 170.9M | 122.5M | 128.6M | |
Other Current Assets | 13.9M | 21.4M | 12.6M | 10.5M | 6.3M | 8.6M | |
Other Stockholder Equity | 1.1B | 1.6B | 1.7B | 1.8B | 1.9B | 952.6M | |
Total Liab | 52.2M | 125.8M | 188.5M | 249.8M | 264.7M | 278.0M | |
Property Plant And Equipment Gross | 68.2M | 62.8M | 79.9M | 74.3M | 74.7M | 43.7M | |
Total Current Assets | 273.0M | 523.3M | 384.6M | 295.1M | 101.9M | 96.8M | |
Accumulated Other Comprehensive Income | 220K | 296K | (368K) | (2.1M) | (204K) | (214.2K) | |
Common Stock | 6K | 8K | 9K | 10K | 11K | 5.7K | |
Property Plant Equipment | 54.2M | 50.5M | 79.9M | 6.3M | 7.2M | 6.9M | |
Net Tangible Assets | 290.8M | 462.3M | 279.6M | 126.6M | 145.6M | 287.0M | |
Retained Earnings Total Equity | (818.0M) | (1.1B) | (1.5B) | (1.7B) | (1.5B) | (1.4B) | |
Short Term Investments | 184.8M | 300.3M | 265.0M | 149.9M | 25.9M | 24.6M | |
Capital Surpluse | 1.1B | 1.6B | 1.7B | 1.8B | 2.1B | 1.1B | |
Non Current Liabilities Other | 15.4M | 42.9M | 1.5M | 170.9M | 39.3M | 36.2M | |
Short Long Term Debt Total | 14.1M | 13.0M | 25.5M | 71.7M | 57.9M | 60.8M | |
Current Deferred Revenue | 21.5M | 33.5M | 40.8M | 8M | 77.8M | 81.7M | |
Net Invested Capital | 290.8M | 462.3M | 279.6M | 126.6M | (99.2M) | (94.3M) | |
Net Working Capital | 236.2M | 440.4M | 278.8M | 216.2M | (40.4M) | (38.3M) | |
Short Term Debt | 1.6M | 2.0M | 2.8M | 13.6M | 12.2M | 12.8M | |
Capital Stock | 6K | 8K | 9K | 10K | 11K | 9.0K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Atara Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atara Biotherapeutics' 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 Atara Biotherapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atara Biotherapeutics Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 Atara Biotherapeutics. If investors know Atara 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 Atara Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (25.32) | Revenue Per Share 12.263 | Quarterly Revenue Growth 28.927 | Return On Assets (0.57) | Return On Equity (20.15) |
The market value of Atara Biotherapeutics is measured differently than its book value, which is the value of Atara that is recorded on the company's balance sheet. Investors also form their own opinion of Atara Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Atara Biotherapeutics' 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 Atara Biotherapeutics' market value can be influenced by many factors that don't directly affect Atara Biotherapeutics' 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 Atara Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atara Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atara Biotherapeutics' 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.