ATI Invested Capital vs Ptb Ratio Analysis

AAT Stock

CAD 0.02 0.01 33.33%

ATI AirTest financial indicator trend analysis is way more than just evaluating ATI AirTest Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATI AirTest Technologies is a good investment. Please check the relationship between ATI AirTest Invested Capital and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATI AirTest Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Invested Capital vs Ptb Ratio

Invested Capital vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATI AirTest Technologies Invested Capital account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between ATI AirTest's Invested Capital and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of ATI AirTest Technologies, assuming nothing else is changed. The correlation between historical values of ATI AirTest's Invested Capital and Ptb 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 Invested Capital of ATI AirTest Technologies are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Invested Capital i.e., ATI AirTest's Invested Capital and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to ATI AirTest Technologies. There are two different methods for calculating ATI AirTest Technologies invested capital: operating approach and financing approach. Understanding ATI AirTest invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from ATI AirTest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATI AirTest Technologies 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 ATI AirTest Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Enterprise Value is likely to climb to about 6.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	2.1M	2.4M	2.1M	2.2M
Depreciation And Amortization	34.6K	33.7K	30.3K	22.0K

Total Revenue Depreciation And Amortization

ATI AirTest fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Liab	Net Tangible Assets
Total Assets		-0.17	-0.48	-0.01	0.3	0.24	0.11	-0.18	-0.06	0.22	0.13	0.45	0.39	0.28	-0.06	-0.68	-0.35	-0.13	0.92	0.05	-0.26	-0.07	0.83	-0.07	-0.05	-0.14
Short Long Term Debt Total	-0.17		0.0	0.15	-0.41	-0.09	0.38	0.98	-0.5	0.07	-0.11	-0.56	-0.57	-0.24	0.27	-0.12	0.68	0.87	0.11	0.13	-0.17	0.4	0.15	-0.43	-0.83	-0.14
Other Current Liab	-0.48	0.0		0.38	-0.47	0.07	0.15	-0.07	-0.16	-0.04	0.3	-0.21	-0.23	0.41	-0.14	0.28	0.09	0.08	-0.44	-0.28	-0.08	0.35	-0.4	-0.1	-0.04	-0.29
Total Current Liabilities	-0.01	0.15	0.38		-0.87	0.68	0.8	0.16	-0.75	0.73	-0.11	-0.25	-0.44	-0.13	-0.18	-0.1	-0.08	0.36	0.17	0.44	-0.57	0.95	0.15	-0.52	-0.39	-0.89
Total Stockholder Equity	0.3	-0.41	-0.47	-0.87		-0.54	-0.84	-0.43	0.8	-0.46	0.19	0.45	0.62	0.29	0.24	0.04	-0.11	-0.61	0.06	-0.45	0.55	-0.92	0.06	0.62	0.6	0.85
Property Plant And Equipment Net	0.24	-0.09	0.07	0.68	-0.54		0.6	0.01	-0.37	0.34	-0.47	0.33	0.08	-0.24	-0.57	-0.04	-0.63	0.28	0.21	0.52	-0.61	0.66	0.07	-0.63	-0.3	-0.75
Current Deferred Revenue	0.11	0.38	0.15	0.8	-0.84	0.6		0.42	-0.77	0.54	-0.26	-0.24	-0.43	-0.32	-0.28	-0.39	0.03	0.59	0.32	0.49	-0.81	0.85	0.26	-0.69	-0.69	-0.88
Net Debt	-0.18	0.98	-0.07	0.16	-0.43	0.01	0.42		-0.5	0.09	-0.31	-0.52	-0.55	-0.39	0.2	-0.1	0.6	0.88	0.08	0.27	-0.22	0.41	0.12	-0.47	-0.83	-0.16
Retained Earnings	-0.06	-0.5	-0.16	-0.75	0.8	-0.37	-0.77	-0.5		-0.71	0.13	0.65	0.8	0.13	-0.15	0.34	-0.28	-0.55	-0.4	-0.4	0.38	-0.79	-0.47	0.46	0.63	0.68
Accounts Payable	0.22	0.07	-0.04	0.73	-0.46	0.34	0.54	0.09	-0.71		-0.12	-0.4	-0.52	-0.1	0.3	-0.21	0.17	0.11	0.43	0.43	-0.29	0.64	0.5	-0.2	-0.19	-0.48
Cash	0.13	-0.11	0.3	-0.11	0.19	-0.47	-0.26	-0.31	0.13	-0.12		-0.05	0.06	0.79	0.28	-0.15	0.22	-0.25	0.12	-0.73	0.24	-0.17	0.17	0.29	0.18	0.1
Non Current Assets Total	0.45	-0.56	-0.21	-0.25	0.45	0.33	-0.24	-0.52	0.65	-0.4	-0.05		0.97	0.03	-0.62	0.05	-0.72	-0.34	0.09	0.03	-0.22	-0.31	-0.11	-0.05	0.34	0.03
Non Currrent Assets Other	0.39	-0.57	-0.23	-0.44	0.62	0.08	-0.43	-0.55	0.8	-0.52	0.06	0.97		0.1	-0.5	0.11	-0.59	-0.43	0.01	-0.12	-0.06	-0.5	-0.17	0.12	0.45	0.24
Cash And Short Term Investments	0.28	-0.24	0.41	-0.13	0.29	-0.24	-0.32	-0.39	0.13	-0.1	0.79	0.03	0.1		0.29	-0.18	-0.03	-0.35	0.23	-0.81	0.3	-0.22	0.29	0.33	0.24	0.17
Net Receivables	-0.06	0.27	-0.14	-0.18	0.24	-0.57	-0.28	0.2	-0.15	0.3	0.28	-0.62	-0.5	0.29		-0.05	0.63	-0.13	0.1	-0.43	0.47	-0.2	0.32	0.52	0.09	0.47
Good Will	-0.68	-0.12	0.28	-0.1	0.04	-0.04	-0.39	-0.1	0.34	-0.21	-0.15	0.05	0.11	-0.18	-0.05		0.09	-0.05	-0.77	0.0	0.27	-0.06	-0.78	0.07	0.28	0.24
Common Stock Shares Outstanding	-0.35	0.68	0.09	-0.08	-0.11	-0.63	0.03	0.6	-0.28	0.17	0.22	-0.72	-0.59	-0.03	0.63	0.09		0.4	-0.09	-0.14	0.14	0.07	0.06	0.05	-0.35	0.22
Non Current Liabilities Total	-0.13	0.87	0.08	0.36	-0.61	0.28	0.59	0.88	-0.55	0.11	-0.25	-0.34	-0.43	-0.35	-0.13	-0.05	0.4		0.1	0.37	-0.49	0.62	0.06	-0.81	-0.96	-0.45
Inventory	0.92	0.11	-0.44	0.17	0.06	0.21	0.32	0.08	-0.4	0.43	0.12	0.09	0.01	0.23	0.1	-0.77	-0.09	0.1		0.12	-0.28	0.15	0.97	-0.19	-0.3	-0.26
Other Current Assets	0.05	0.13	-0.28	0.44	-0.45	0.52	0.49	0.27	-0.4	0.43	-0.73	0.03	-0.12	-0.81	-0.43	0.0	-0.14	0.37	0.12		-0.46	0.49	0.04	-0.53	-0.3	-0.47
Other Stockholder Equity	-0.26	-0.17	-0.08	-0.57	0.55	-0.61	-0.81	-0.22	0.38	-0.29	0.24	-0.22	-0.06	0.3	0.47	0.27	0.14	-0.49	-0.28	-0.46		-0.63	-0.15	0.75	0.58	0.78
Total Liab	-0.07	0.4	0.35	0.95	-0.92	0.66	0.85	0.41	-0.79	0.64	-0.17	-0.31	-0.5	-0.22	-0.2	-0.06	0.07	0.62	0.15	0.49	-0.63		0.12	-0.7	-0.63	-0.88
Total Current Assets	0.83	0.15	-0.4	0.15	0.06	0.07	0.26	0.12	-0.47	0.5	0.17	-0.11	-0.17	0.29	0.32	-0.78	0.06	0.06	0.97	0.04	-0.15	0.12		-0.05	-0.26	-0.17
Short Term Debt	-0.07	-0.43	-0.1	-0.52	0.62	-0.63	-0.69	-0.47	0.46	-0.2	0.29	-0.05	0.12	0.33	0.52	0.07	0.05	-0.81	-0.19	-0.53	0.75	-0.7	-0.05		0.82	0.69
Other Liab	-0.05	-0.83	-0.04	-0.39	0.6	-0.3	-0.69	-0.83	0.63	-0.19	0.18	0.34	0.45	0.24	0.09	0.28	-0.35	-0.96	-0.3	-0.3	0.58	-0.63	-0.26	0.82		0.51
Net Tangible Assets	-0.14	-0.14	-0.29	-0.89	0.85	-0.75	-0.88	-0.16	0.68	-0.48	0.1	0.03	0.24	0.17	0.47	0.24	0.22	-0.45	-0.26	-0.47	0.78	-0.88	-0.17	0.69	0.51

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ATI AirTest Account Relationship Matchups

ATI AirTest fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	629.8K	615.0K	1.1M	1.7M	1.9M	2.0M
Short Long Term Debt Total	1.8M	1.7M	1.9M	1.8M	2.1M	1.8M
Other Current Liab	4.8K	2.5M	908.2K	155.0K	178.2K	169.3K
Total Current Liabilities	4.7M	7.2M	5.6M	5.0M	5.8M	3.8M
Total Stockholder Equity	(5.3M)	(7.8M)	(5.8M)	(4.4M)	(4.0M)	(4.2M)
Property Plant And Equipment Net	199.0K	186.9K	152.3K	118.7K	106.8K	54.8K
Current Deferred Revenue	2.7M	2.9M	2.4M	2.2M	2.6M	2.7M
Net Debt	2.0M	1.6M	2.0M	1.8M	2.1M	1.8M
Retained Earnings	(15.7M)	(18.6M)	(19.9M)	(20.3M)	(18.3M)	(19.2M)
Accounts Payable	1.4M	1.4M	1.8M	1.9M	2.2M	1.3M
Cash	(218.5K)	76.0K	(162.9K)	16.3K	14.7K	15.4K
Non Current Assets Total	199.0K	186.9K	152.3K	118.7K	106.8K	95.4K
Net Receivables	281.6K	164.4K	181.0K	453.5K	521.5K	328.9K
Common Stock Shares Outstanding	9.9M	11.0M	19.3M	24.2M	27.8M	16.3M
Liabilities And Stockholders Equity	629.8K	615.0K	1.1M	1.7M	1.9M	2.0M
Non Current Liabilities Total	1.2M	1.2M	1.3M	1.1M	1.2M	808.9K
Inventory	141.2K	158.4K	543.6K	985.6K	1.1M	1.2M
Other Stockholder Equity	(806.8K)	(942.7K)	275K	90K	81K	77.0K
Total Liab	5.9M	8.4M	6.9M	6.1M	7.0M	4.3M
Total Current Assets	430.8K	428.1K	959.3K	1.6M	1.8M	1.9M
Short Term Debt	625.6K	525.3K	547.6K	730.3K	657.3K	937.3K
Accumulated Other Comprehensive Income	508.4K	690.6K	1.4M	1.7M	1.9M	2.0M
Net Tangible Assets	(5.3M)	(5.3M)	(7.8M)	(5.8M)	(5.2M)	(5.5M)
Short Long Term Debt	587.6K	506.0K	516.0K	696.8K	627.1K	837.5K
Common Stock	9.9M	10.1M	12.4M	14.1M	16.2M	11.4M
Property Plant Equipment	2.7K	199.0K	186.9K	152.3K	175.2K	184.0K
Net Invested Capital	(3.7M)	(6.3M)	(4.1M)	(2.7M)	(2.5M)	(2.6M)
Net Working Capital	(4.3M)	(6.8M)	(4.7M)	(3.5M)	(3.1M)	(3.3M)
Capital Stock	9.9M	10.1M	12.4M	14.1M	16.2M	12.4M

Pair Trading with ATI AirTest

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ATI AirTest position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ATI AirTest will appreciate offsetting losses from the drop in the long position's value.

Moving against ATI Stock

0.56

ETHC

Ether Capital Corp

Pair Corr

The ability to find closely correlated positions to ATI AirTest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATI AirTest when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ATI AirTest - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ATI AirTest Technologies to buy it.

The correlation of ATI AirTest is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ATI AirTest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATI AirTest Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ATI AirTest can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATI AirTest Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for ATI Stock analysis

When running ATI AirTest's price analysis, check to measure ATI AirTest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATI AirTest is operating at the current time. Most of ATI AirTest's value examination focuses on studying past and present price action to predict the probability of ATI AirTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATI AirTest's price. Additionally, you may evaluate how the addition of ATI AirTest to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between ATI AirTest's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATI AirTest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATI AirTest'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.

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ATI Invested Capital vs Ptb Ratio Analysis

Invested Capital vs Ptb Ratio

Invested Capital vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Invested Capital

Ptb Ratio

ATI AirTest fundamental ratios Correlations

ATI AirTest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ATI AirTest fundamental ratios Accounts

Pair Trading with ATI AirTest

Moving against ATI Stock

Complementary Tools for ATI Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.98	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.97	Non Current Assets Total
Total Current Assets	+ 0.97	Inventory
Total Liab	+ 0.95	Total Current Liabilities
Inventory	+ 0.92	Total Assets
Non Current Liabilities Total	+ 0.88	Net Debt

Other Liab	- 0.96	Non Current Liabilities Total
Total Liab	- 0.92	Total Stockholder Equity
Net Tangible Assets	- 0.89	Total Current Liabilities
Net Tangible Assets	- 0.88	Total Liab
Net Tangible Assets	- 0.88	Current Deferred Revenue
Total Stockholder Equity	- 0.87	Total Current Liabilities