Atour Net Tangible Assets vs Net Invested Capital Analysis
ATAT Stock | 25.15 0.32 1.29% |
Atour Lifestyle financial indicator trend analysis is way more than just evaluating Atour Lifestyle Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atour Lifestyle Holdings is a good investment. Please check the relationship between Atour Lifestyle Net Tangible Assets and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atour Lifestyle Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Tangible Assets vs Net Invested Capital
Net Tangible Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atour Lifestyle Holdings Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atour Lifestyle's Net Tangible Assets and Net Invested Capital is 0.95. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Atour Lifestyle Holdings, assuming nothing else is changed. The correlation between historical values of Atour Lifestyle's Net Tangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Atour Lifestyle Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Atour Lifestyle's Net Tangible Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Atour Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atour Lifestyle Holdings 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 Atour Lifestyle Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Tax Provision is likely to gain to about 249.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 279 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 93.9M | 88.6M | 85.0M | 92.8M | Interest Income | 6.7M | 14.5M | 25.8M | 27.1M |
Atour Lifestyle fundamental ratios Correlations
Click cells to compare fundamentals
Atour Lifestyle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Atour Stock Analysis
When running Atour Lifestyle's price analysis, check to measure Atour Lifestyle'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 Atour Lifestyle is operating at the current time. Most of Atour Lifestyle's value examination focuses on studying past and present price action to predict the probability of Atour Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atour Lifestyle's price. Additionally, you may evaluate how the addition of Atour Lifestyle to your portfolios can decrease your overall portfolio volatility.