Atico Non Currrent Assets Other vs Cash And Short Term Investments Analysis

ATY Stock  CAD 0.12  0.02  20.00%   
Atico Mining financial indicator trend analysis is way more than just evaluating Atico Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atico Mining is a good investment. Please check the relationship between Atico Mining Non Currrent Assets Other and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atico Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atico Mining Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Atico Mining's Non Currrent Assets Other and Cash And Short Term Investments is 0.66. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Atico Mining, assuming nothing else is changed. The correlation between historical values of Atico Mining's Non Currrent Assets Other and Cash And Short Term 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 Non Currrent Assets Other of Atico Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Atico Mining's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Atico Mining balance sheet. This account contains Atico Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Atico Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Atico Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atico Mining 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 Atico Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Atico Mining's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.14 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M2.4M2.4M2.5M
Depreciation And Amortization12.9M13.8M12.0M9.5M

Atico Mining fundamental ratios Correlations

0.630.120.760.990.990.260.650.810.990.770.780.820.840.980.00.970.950.330.930.710.71-0.150.220.79-0.5
0.63-0.030.860.60.620.790.470.520.620.610.320.520.510.66-0.150.680.610.840.70.610.620.250.410.61-0.37
0.12-0.030.120.070.170.15-0.25-0.190.17-0.010.04-0.190.050.20.560.2-0.01-0.020.10.38-0.19-0.36-0.130.030.27
0.760.860.120.720.760.720.510.50.760.790.450.50.640.82-0.140.80.720.730.810.830.64-0.190.070.78-0.47
0.990.60.070.720.970.180.730.860.970.80.770.860.840.95-0.090.920.960.310.920.620.76-0.110.220.79-0.52
0.990.620.170.760.970.30.560.741.00.710.80.750.80.970.10.970.90.350.920.740.63-0.210.180.74-0.48
0.260.790.150.720.180.3-0.03-0.060.30.310.12-0.060.150.340.090.430.150.820.420.590.210.040.120.32-0.2
0.650.47-0.250.510.730.56-0.030.880.560.750.340.880.70.56-0.660.50.810.140.620.170.890.30.380.64-0.48
0.810.52-0.190.50.860.74-0.060.880.740.660.521.00.740.72-0.340.690.910.120.710.290.790.270.490.65-0.38
0.990.620.170.760.971.00.30.560.740.710.80.750.80.970.10.970.90.350.920.740.63-0.210.180.74-0.48
0.770.61-0.010.790.80.710.310.750.660.710.520.660.810.77-0.40.690.850.410.810.550.77-0.130.070.85-0.52
0.780.320.040.450.770.80.120.340.520.80.520.520.570.730.250.750.660.240.810.460.42-0.24-0.040.53-0.27
0.820.52-0.190.50.860.75-0.060.881.00.750.660.520.740.73-0.330.70.910.120.710.30.790.270.50.65-0.38
0.840.510.050.640.840.80.150.70.740.80.810.570.740.81-0.240.750.880.210.830.560.77-0.110.180.62-0.5
0.980.660.20.820.950.970.340.560.720.970.770.730.730.810.050.970.920.410.930.810.68-0.250.120.83-0.47
0.0-0.150.56-0.14-0.090.10.09-0.66-0.340.1-0.40.25-0.33-0.240.050.13-0.25-0.02-0.050.23-0.57-0.35-0.13-0.310.54
0.970.680.20.80.920.970.430.50.690.970.690.750.70.750.970.130.880.390.920.80.63-0.160.230.78-0.42
0.950.61-0.010.720.960.90.150.810.910.90.850.660.910.880.92-0.250.880.260.90.580.83-0.010.280.85-0.5
0.330.84-0.020.730.310.350.820.140.120.350.410.240.120.210.41-0.020.390.260.50.470.340.0-0.030.38-0.25
0.930.70.10.810.920.920.420.620.710.920.810.810.710.830.93-0.050.920.90.50.670.78-0.10.110.8-0.44
0.710.610.380.830.620.740.590.170.290.740.550.460.30.560.810.230.80.580.470.670.34-0.47-0.020.63-0.33
0.710.62-0.190.640.760.630.210.890.790.630.770.420.790.770.68-0.570.630.830.340.780.340.240.250.74-0.52
-0.150.25-0.36-0.19-0.11-0.210.040.30.27-0.21-0.13-0.240.27-0.11-0.25-0.35-0.16-0.010.0-0.1-0.470.240.79-0.130.14
0.220.41-0.130.070.220.180.120.380.490.180.07-0.040.50.180.12-0.130.230.28-0.030.11-0.020.250.790.060.02
0.790.610.030.780.790.740.320.640.650.740.850.530.650.620.83-0.310.780.850.380.80.630.74-0.130.06-0.53
-0.5-0.370.27-0.47-0.52-0.48-0.2-0.48-0.38-0.48-0.52-0.27-0.38-0.5-0.470.54-0.42-0.5-0.25-0.44-0.33-0.520.140.02-0.53
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Atico Mining Account Relationship Matchups

Atico Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets101.1M115.6M115.9M121.0M115.2M88.6M
Short Long Term Debt Total7.2M10.8M10.4M22.9M26.6M28.0M
Other Current Liab753.1K280.5K1.1M1.0M1.1M1.3M
Total Current Liabilities15.1M16.6M20.5M18.7M34.4M36.2M
Total Stockholder Equity53.9M60.2M65.9M62.9M57.5M45.5M
Property Plant And Equipment Net76.1M76.4M81.7M84.1M82.8M65.5M
Net Debt78.7K(5.8M)(4.2M)7.7M18.3M19.2M
Retained Earnings7.8M13.1M17.4M13.7M8.0M8.5M
Cash7.2M16.7M14.6M15.2M8.3M7.8M
Non Current Assets Total76.1M76.4M81.7M84.1M82.8M65.6M
Cash And Short Term Investments7.2M16.7M14.6M15.2M8.3M7.9M
Net Receivables11.1M11.8M6.1M8.7M9.4M5.8M
Common Stock Shares Outstanding104.7M119.5M121.5M121.3M139.5M100.8M
Liabilities And Stockholders Equity101.1M115.6M115.9M121.0M115.2M88.6M
Other Stockholder Equity2.7M3.1M3.6M4.0M3.6M3.4M
Total Liab36.1M41.7M44.6M54.1M54.4M38.0M
Total Current Assets25.0M39.2M34.2M36.9M32.4M23.0M
Short Term Debt4.3M3.5M4.2M6.7M20.5M21.6M
Accounts Payable5.3M6.5M5.9M6.9M9.4M5.5M
Accumulated Other Comprehensive Income3.5M4.4M4.8M5.5M5.7M3.5M
Other Liab18.0M18.0M17.8M17.9M20.6M20.1M
Net Tangible Assets43.3M53.9M60.2M65.9M75.8M49.7M
Non Current Liabilities Total21.0M25.1M24.1M35.3M20.0M25.9M
Inventory6.6M9.6M12.5M12.3M14.0M10.0M
Other Current Assets132.6K1.1M1.0M704.5K639.3K759.2K
Short Long Term Debt3.5M3.0M1M416.7K20.0M21.0M
Common Stock38.4M42.7M42.7M43.7M50.2M44.3M
Property Plant Equipment59.1M76.1M76.4M81.7M93.9M73.2M
Current Deferred Revenue4.8M6.3M9.2M4.1M3.3M5.0M
Net Invested Capital59.6M70.0M72.9M79.0M83.4M72.3M
Net Working Capital9.9M22.5M13.7M18.2M(2.1M)(2.0M)

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Additional Tools for Atico Stock Analysis

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