Atico Payout Ratio vs Days Of Inventory On Hand 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 Payout Ratio and its Days Of Inventory On Hand 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.

Payout Ratio vs Days Of Inventory On Hand

Payout Ratio vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atico Mining Payout Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Atico Mining's Payout Ratio and Days Of Inventory On Hand is -0.33. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Days Of Inventory On Hand 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 Payout Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Atico Mining are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Payout Ratio i.e., Atico Mining's Payout Ratio and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Atico Mining earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Atico Mining dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Atico Mining is paying out more in dividends than it makes in net income.

Days Of Inventory On Hand

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 Expense	1.1M	2.4M	2.4M	2.5M
Depreciation And Amortization	12.9M	13.8M	12.0M	9.5M

Interest Expense Depreciation And Amortization

Atico Mining 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Other Liab	Net Tangible Assets	Long Term Debt	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.63	0.12	0.76	0.99	0.99	0.26	0.65	0.81	0.99	0.77	0.78	0.82	0.84	0.98	0.0	0.97	0.95	0.33	0.93	0.71	0.71	-0.15	0.22	0.79	-0.5
Short Long Term Debt Total	0.63		-0.03	0.86	0.6	0.62	0.79	0.47	0.52	0.62	0.61	0.32	0.52	0.51	0.66	-0.15	0.68	0.61	0.84	0.7	0.61	0.62	0.25	0.41	0.61	-0.37
Other Current Liab	0.12	-0.03		0.12	0.07	0.17	0.15	-0.25	-0.19	0.17	-0.01	0.04	-0.19	0.05	0.2	0.56	0.2	-0.01	-0.02	0.1	0.38	-0.19	-0.36	-0.13	0.03	0.27
Total Current Liabilities	0.76	0.86	0.12		0.72	0.76	0.72	0.51	0.5	0.76	0.79	0.45	0.5	0.64	0.82	-0.14	0.8	0.72	0.73	0.81	0.83	0.64	-0.19	0.07	0.78	-0.47
Total Stockholder Equity	0.99	0.6	0.07	0.72		0.97	0.18	0.73	0.86	0.97	0.8	0.77	0.86	0.84	0.95	-0.09	0.92	0.96	0.31	0.92	0.62	0.76	-0.11	0.22	0.79	-0.52
Property Plant And Equipment Net	0.99	0.62	0.17	0.76	0.97		0.3	0.56	0.74	1.0	0.71	0.8	0.75	0.8	0.97	0.1	0.97	0.9	0.35	0.92	0.74	0.63	-0.21	0.18	0.74	-0.48
Net Debt	0.26	0.79	0.15	0.72	0.18	0.3		-0.03	-0.06	0.3	0.31	0.12	-0.06	0.15	0.34	0.09	0.43	0.15	0.82	0.42	0.59	0.21	0.04	0.12	0.32	-0.2
Retained Earnings	0.65	0.47	-0.25	0.51	0.73	0.56	-0.03		0.88	0.56	0.75	0.34	0.88	0.7	0.56	-0.66	0.5	0.81	0.14	0.62	0.17	0.89	0.3	0.38	0.64	-0.48
Cash	0.81	0.52	-0.19	0.5	0.86	0.74	-0.06	0.88		0.74	0.66	0.52	1.0	0.74	0.72	-0.34	0.69	0.91	0.12	0.71	0.29	0.79	0.27	0.49	0.65	-0.38
Non Current Assets Total	0.99	0.62	0.17	0.76	0.97	1.0	0.3	0.56	0.74		0.71	0.8	0.75	0.8	0.97	0.1	0.97	0.9	0.35	0.92	0.74	0.63	-0.21	0.18	0.74	-0.48
Non Currrent Assets Other	0.77	0.61	-0.01	0.79	0.8	0.71	0.31	0.75	0.66	0.71		0.52	0.66	0.81	0.77	-0.4	0.69	0.85	0.41	0.81	0.55	0.77	-0.13	0.07	0.85	-0.52
Other Assets	0.78	0.32	0.04	0.45	0.77	0.8	0.12	0.34	0.52	0.8	0.52		0.52	0.57	0.73	0.25	0.75	0.66	0.24	0.81	0.46	0.42	-0.24	-0.04	0.53	-0.27
Cash And Short Term Investments	0.82	0.52	-0.19	0.5	0.86	0.75	-0.06	0.88	1.0	0.75	0.66	0.52		0.74	0.73	-0.33	0.7	0.91	0.12	0.71	0.3	0.79	0.27	0.5	0.65	-0.38
Net Receivables	0.84	0.51	0.05	0.64	0.84	0.8	0.15	0.7	0.74	0.8	0.81	0.57	0.74		0.81	-0.24	0.75	0.88	0.21	0.83	0.56	0.77	-0.11	0.18	0.62	-0.5
Common Stock Shares Outstanding	0.98	0.66	0.2	0.82	0.95	0.97	0.34	0.56	0.72	0.97	0.77	0.73	0.73	0.81		0.05	0.97	0.92	0.41	0.93	0.81	0.68	-0.25	0.12	0.83	-0.47
Other Stockholder Equity	0.0	-0.15	0.56	-0.14	-0.09	0.1	0.09	-0.66	-0.34	0.1	-0.4	0.25	-0.33	-0.24	0.05		0.13	-0.25	-0.02	-0.05	0.23	-0.57	-0.35	-0.13	-0.31	0.54
Total Liab	0.97	0.68	0.2	0.8	0.92	0.97	0.43	0.5	0.69	0.97	0.69	0.75	0.7	0.75	0.97	0.13		0.88	0.39	0.92	0.8	0.63	-0.16	0.23	0.78	-0.42
Total Current Assets	0.95	0.61	-0.01	0.72	0.96	0.9	0.15	0.81	0.91	0.9	0.85	0.66	0.91	0.88	0.92	-0.25	0.88		0.26	0.9	0.58	0.83	-0.01	0.28	0.85	-0.5
Short Term Debt	0.33	0.84	-0.02	0.73	0.31	0.35	0.82	0.14	0.12	0.35	0.41	0.24	0.12	0.21	0.41	-0.02	0.39	0.26		0.5	0.47	0.34	0.0	-0.03	0.38	-0.25
Accounts Payable	0.93	0.7	0.1	0.81	0.92	0.92	0.42	0.62	0.71	0.92	0.81	0.81	0.71	0.83	0.93	-0.05	0.92	0.9	0.5		0.67	0.78	-0.1	0.11	0.8	-0.44
Other Liab	0.71	0.61	0.38	0.83	0.62	0.74	0.59	0.17	0.29	0.74	0.55	0.46	0.3	0.56	0.81	0.23	0.8	0.58	0.47	0.67		0.34	-0.47	-0.02	0.63	-0.33
Net Tangible Assets	0.71	0.62	-0.19	0.64	0.76	0.63	0.21	0.89	0.79	0.63	0.77	0.42	0.79	0.77	0.68	-0.57	0.63	0.83	0.34	0.78	0.34		0.24	0.25	0.74	-0.52
Long Term Debt	-0.15	0.25	-0.36	-0.19	-0.11	-0.21	0.04	0.3	0.27	-0.21	-0.13	-0.24	0.27	-0.11	-0.25	-0.35	-0.16	-0.01	0.0	-0.1	-0.47	0.24		0.79	-0.13	0.14
Non Current Liabilities Total	0.22	0.41	-0.13	0.07	0.22	0.18	0.12	0.38	0.49	0.18	0.07	-0.04	0.5	0.18	0.12	-0.13	0.23	0.28	-0.03	0.11	-0.02	0.25	0.79		0.06	0.02
Inventory	0.79	0.61	0.03	0.78	0.79	0.74	0.32	0.64	0.65	0.74	0.85	0.53	0.65	0.62	0.83	-0.31	0.78	0.85	0.38	0.8	0.63	0.74	-0.13	0.06		-0.53
Other Current Assets	-0.5	-0.37	0.27	-0.47	-0.52	-0.48	-0.2	-0.48	-0.38	-0.48	-0.52	-0.27	-0.38	-0.5	-0.47	0.54	-0.42	-0.5	-0.25	-0.44	-0.33	-0.52	0.14	0.02	-0.53

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Atico Mining Account Relationship Matchups

Atico Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	101.1M	115.6M	115.9M	121.0M	115.2M	88.6M
Short Long Term Debt Total	7.2M	10.8M	10.4M	22.9M	26.6M	28.0M
Other Current Liab	753.1K	280.5K	1.1M	1.0M	1.1M	1.3M
Total Current Liabilities	15.1M	16.6M	20.5M	18.7M	34.4M	36.2M
Total Stockholder Equity	53.9M	60.2M	65.9M	62.9M	57.5M	45.5M
Property Plant And Equipment Net	76.1M	76.4M	81.7M	84.1M	82.8M	65.5M
Net Debt	78.7K	(5.8M)	(4.2M)	7.7M	18.3M	19.2M
Retained Earnings	7.8M	13.1M	17.4M	13.7M	8.0M	8.5M
Cash	7.2M	16.7M	14.6M	15.2M	8.3M	7.8M
Non Current Assets Total	76.1M	76.4M	81.7M	84.1M	82.8M	65.6M
Cash And Short Term Investments	7.2M	16.7M	14.6M	15.2M	8.3M	7.9M
Net Receivables	11.1M	11.8M	6.1M	8.7M	9.4M	5.8M
Common Stock Shares Outstanding	104.7M	119.5M	121.5M	121.3M	139.5M	100.8M
Liabilities And Stockholders Equity	101.1M	115.6M	115.9M	121.0M	115.2M	88.6M
Other Stockholder Equity	2.7M	3.1M	3.6M	4.0M	3.6M	3.4M
Total Liab	36.1M	41.7M	44.6M	54.1M	54.4M	38.0M
Total Current Assets	25.0M	39.2M	34.2M	36.9M	32.4M	23.0M
Short Term Debt	4.3M	3.5M	4.2M	6.7M	20.5M	21.6M
Accounts Payable	5.3M	6.5M	5.9M	6.9M	9.4M	5.5M
Accumulated Other Comprehensive Income	3.5M	4.4M	4.8M	5.5M	5.7M	3.5M
Other Liab	18.0M	18.0M	17.8M	17.9M	20.6M	20.1M
Net Tangible Assets	43.3M	53.9M	60.2M	65.9M	75.8M	49.7M
Non Current Liabilities Total	21.0M	25.1M	24.1M	35.3M	20.0M	25.9M
Inventory	6.6M	9.6M	12.5M	12.3M	14.0M	10.0M
Other Current Assets	132.6K	1.1M	1.0M	704.5K	639.3K	759.2K
Short Long Term Debt	3.5M	3.0M	1M	416.7K	20.0M	21.0M
Common Stock	38.4M	42.7M	42.7M	43.7M	50.2M	44.3M
Property Plant Equipment	59.1M	76.1M	76.4M	81.7M	93.9M	73.2M
Current Deferred Revenue	4.8M	6.3M	9.2M	4.1M	3.3M	5.0M
Net Invested Capital	59.6M	70.0M	72.9M	79.0M	83.4M	72.3M
Net Working Capital	9.9M	22.5M	13.7M	18.2M	(2.1M)	(2.0M)

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