Air Long Term Investments vs Total Liab Analysis

ATSG Stock  USD 21.99  0.02  0.09%   
Air Transport financial indicator trend analysis is way more than just evaluating Air Transport Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Transport Services is a good investment. Please check the relationship between Air Transport Long Term Investments and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Long Term Investments vs Total Liab

Long Term Investments vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Transport Services Long Term Investments account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Air Transport's Long Term Investments and Total Liab is -0.8. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Air Transport Services, assuming nothing else is changed. The correlation between historical values of Air Transport's Long Term Investments and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Air Transport Services are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Investments i.e., Air Transport's Long Term Investments and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of Air Transport balance sheet that represents investments Air Transport Services intends to hold for over a year. Air Transport Services long term investments may include different instruments such as stocks, bonds, real estate and cash.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Air Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Transport Services 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 Air Transport Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The current Selling General Administrative is estimated to decrease to about 9.3 M. The current Discontinued Operations is estimated to decrease to about 1.6 M
 2020 2021 2023 2024 (projected)
Gross Profit373.9M485.8M199.8M189.8M
Total Revenue1.7B2.0B2.1B1.3B

Air Transport fundamental ratios Correlations

0.960.990.30.030.660.740.980.860.360.890.30.90.980.550.970.80.720.390.980.980.981.00.570.940.57
0.960.960.34-0.020.680.830.880.820.250.840.110.90.950.480.890.770.670.490.940.90.90.950.50.930.65
0.990.960.250.070.650.70.970.910.310.870.290.940.990.490.950.780.690.350.990.960.960.990.520.920.6
0.30.340.25-0.880.30.550.270.17-0.270.28-0.35-0.050.270.590.42-0.050.090.920.190.410.390.280.590.450.35
0.03-0.020.07-0.88-0.19-0.230.070.020.530.080.630.30.06-0.32-0.080.410.33-0.850.11-0.07-0.070.06-0.32-0.12-0.38
0.660.680.650.3-0.190.610.620.52-0.080.60.020.640.620.120.620.590.480.430.660.640.660.650.130.760.74
0.740.830.70.55-0.230.610.650.430.260.79-0.020.580.680.540.710.690.680.670.630.720.710.720.530.790.56
0.980.880.970.270.070.620.650.850.420.880.420.860.960.570.980.790.730.30.960.990.990.980.60.90.48
0.860.820.910.170.020.520.430.850.050.690.190.860.910.410.830.530.410.250.930.840.840.870.450.750.65
0.360.250.31-0.270.53-0.080.260.420.050.430.620.310.290.210.340.610.66-0.290.270.360.350.370.20.21-0.31
0.890.840.870.280.080.60.790.880.690.430.450.780.870.60.870.890.850.310.840.880.870.890.60.850.53
0.30.110.29-0.350.630.02-0.020.420.190.620.450.290.310.030.310.540.66-0.550.310.30.310.330.030.19-0.3
0.90.90.94-0.050.30.640.580.860.860.310.780.290.920.260.790.820.630.130.950.810.820.910.280.830.59
0.980.950.990.270.060.620.680.960.910.290.870.310.920.520.940.770.680.350.990.950.950.980.550.930.58
0.550.480.490.59-0.320.120.540.570.410.210.60.030.260.520.680.340.30.520.450.650.610.541.00.540.23
0.970.890.950.42-0.080.620.710.980.830.340.870.310.790.940.680.720.680.440.931.00.990.970.70.920.5
0.80.770.78-0.050.410.590.690.790.530.610.890.540.820.770.340.720.890.040.770.740.740.810.330.770.34
0.720.670.690.090.330.480.680.730.410.660.850.660.630.680.30.680.890.050.650.690.690.730.30.690.17
0.390.490.350.92-0.850.430.670.30.25-0.290.31-0.550.130.350.520.440.040.050.290.440.430.350.530.530.56
0.980.940.990.190.110.660.630.960.930.270.840.310.950.990.450.930.770.650.290.940.940.980.480.910.6
0.980.90.960.41-0.070.640.720.990.840.360.880.30.810.950.651.00.740.690.440.941.00.980.670.920.53
0.980.90.960.39-0.070.660.710.990.840.350.870.310.820.950.610.990.740.690.430.941.00.980.630.920.55
1.00.950.990.280.060.650.720.980.870.370.890.330.910.980.540.970.810.730.350.980.980.980.560.930.56
0.570.50.520.59-0.320.130.530.60.450.20.60.030.280.551.00.70.330.30.530.480.670.630.560.560.24
0.940.930.920.45-0.120.760.790.90.750.210.850.190.830.930.540.920.770.690.530.910.920.920.930.560.58
0.570.650.60.35-0.380.740.560.480.65-0.310.53-0.30.590.580.230.50.340.170.560.60.530.550.560.240.58
Click cells to compare fundamentals

Air Transport Account Relationship Matchups

Air Transport fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B3.0B3.3B3.6B3.9B4.1B
Total Stockholder Equity436.4M855.5M1.3B1.4B1.4B1.4B
Property Plant And Equipment Net1.6B2.0B2.2B2.5B2.9B3.0B
Non Currrent Assets Other204.1M216.8M(63.2M)122.6M33.4M35.0M
Other Assets204.5M272.9M216.8M183.4M165.1M174.1M
Common Stock Shares Outstanding69.3M59.9M76.2M88.3M75.6M70.1M
Liabilities And Stockholders Equity2.5B3.0B3.3B3.6B3.9B4.1B
Other Stockholder Equity471.2M855.5M1.1B986.3M836.3M576.6M
Total Liab2.0B2.1B1.9B2.2B2.5B2.6B
Property Plant And Equipment Gross1.8B2.0B2.2B2.4B4.7B4.9B
Other Current Liab75.5M71.6M86.6M34.8M37.9M45.9M
Total Current Liabilities229.1M302.0M312.6M307.5M400.2M207.6M
Other Liab596.6M327.8M289.2M354.1M407.2M308.5M
Retained Earnings56.1M78.0M309.4M528.9M589.2M618.7M
Accounts Payable109.8M141.4M174.2M193.0M227.7M239.0M
Cash59.3M39.7M69.5M27.1M53.6M34.5M
Long Term Debt1.5B1.5B1.3B1.5B1.7B1.8B
Inventory33.5M40.4M49.2M57.8M49.9M26.6M
Other Current Assets18.6M39.1M28.7M32.0M26.6M17.9M
Property Plant Equipment1.8B1.9B2.2B2.4B2.8B2.9B
Short Long Term Debt Total1.4B1.5B1.5B1.5B1.8B1.9B
Net Debt1.3B1.5B1.3B1.5B1.8B1.9B
Non Current Assets Total2.2B2.7B2.9B3.2B3.5B3.7B
Cash And Short Term Investments59.3M39.7M69.5M27.1M53.6M39.0M
Net Receivables147.8M153.5M205.4M301.6M215.6M226.4M
Common Stock Total Equity593K596K741K723K831.5K682.6K
Non Current Liabilities Total1.8B1.8B1.6B1.9B2.1B2.2B
Total Current Assets259.2M272.7M352.8M418.5M345.7M215.1M
Accumulated Other Comprehensive Income(91.4M)(78.7M)(62.1M)(103.4M)(57.4M)(60.3M)
Short Term Debt29.7M31.5M19.4M47.3M95.0M99.8M
Intangible Assets131.7M120.3M109.2M96.7M86.5M90.8M
Current Deferred Revenue19.1M53.5M47.4M21.5M30.2M19.7M
Net Tangible Assets(595.0M)(177.1M)817.3M919.9M1.1B1.1B
Retained Earnings Total Equity45.9M78.0M309.4M528.9M608.2M638.6M
Long Term Debt Total1.5B1.5B1.3B1.5B1.7B985.3M
Capital Surpluse475.7M855.5M1.1B986.3M1.1B697.4M
Short Long Term Debt14.7M13.7M628K639K54.7M57.4M

Currently Active Assets on Macroaxis

When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport'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 Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Air Freight & Logistics 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 Air Transport. If investors know Air 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 Air Transport 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
(0.77)
Earnings Share
(0.01)
Revenue Per Share
30.203
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0149
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport'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 Air Transport's market value can be influenced by many factors that don't directly affect Air Transport'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 Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport'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.