Atlas Depreciation And Amortization vs Gross Profit Analysis

AESI Stock   24.22  0.17  0.71%   
Atlas Energy financial indicator trend analysis is way more than just evaluating Atlas Energy Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Energy Solutions is a good investment. Please check the relationship between Atlas Energy Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Energy Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlas Energy Solutions Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atlas Energy's Depreciation And Amortization and Gross Profit is 0.95. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Atlas Energy Solutions, assuming nothing else is changed. The correlation between historical values of Atlas Energy's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Atlas Energy Solutions are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Atlas Energy's Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Atlas Energy Solutions minus its cost of goods sold. It is profit before Atlas Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Atlas Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Energy Solutions 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 Atlas Energy Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
As of now, Atlas Energy's Tax Provision is increasing as compared to previous years. The Atlas Energy's current Issuance Of Capital Stock is estimated to increase to about 318.6 M, while Selling General Administrative is projected to decrease to under 29.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense42.2M15.8M7.7M7.3M
Depreciation And Amortization24.6M28.6M39.8M31.5M

Atlas Energy fundamental ratios Correlations

-0.420.880.90.9-0.920.951.0-0.06-0.930.470.990.91.0-0.670.880.710.90.86-0.90.96-0.790.980.890.871.0
-0.42-0.6-0.65-0.640.71-0.52-0.38-0.340.7-0.68-0.48-0.67-0.390.23-0.8-0.2-0.67-0.670.52-0.270.62-0.56-0.62-0.56-0.4
0.88-0.60.730.97-0.820.760.88-0.28-0.960.290.860.980.88-0.850.860.880.980.76-0.970.9-0.830.850.990.970.9
0.9-0.650.730.79-0.990.980.860.36-0.880.80.930.820.87-0.360.950.390.820.96-0.730.75-0.790.960.760.710.86
0.9-0.640.970.79-0.870.790.91-0.24-0.980.340.871.00.91-0.840.910.791.00.75-0.990.89-0.750.871.00.990.91
-0.920.71-0.82-0.99-0.87-0.96-0.89-0.240.94-0.73-0.94-0.9-0.90.48-0.99-0.48-0.9-0.940.82-0.790.79-0.97-0.85-0.81-0.89
0.95-0.520.760.980.79-0.960.920.27-0.870.720.980.810.92-0.410.910.490.810.96-0.750.83-0.830.990.760.720.92
1.0-0.380.880.860.91-0.890.92-0.13-0.920.40.970.911.0-0.720.850.740.910.81-0.920.98-0.750.950.90.891.0
-0.06-0.34-0.280.36-0.24-0.240.27-0.130.070.830.07-0.18-0.130.730.19-0.62-0.180.380.36-0.31-0.160.13-0.29-0.37-0.13
-0.930.7-0.96-0.88-0.980.94-0.87-0.920.07-0.5-0.92-0.99-0.920.73-0.96-0.71-0.99-0.850.95-0.880.82-0.93-0.97-0.95-0.93
0.47-0.680.290.80.34-0.730.720.40.83-0.50.580.390.40.230.7-0.130.390.82-0.220.23-0.610.640.290.210.41
0.99-0.480.860.930.87-0.940.980.970.07-0.920.580.880.97-0.580.90.670.880.93-0.850.92-0.860.990.860.820.98
0.9-0.670.980.821.0-0.90.810.91-0.18-0.990.390.880.91-0.80.930.771.00.79-0.980.88-0.780.890.990.980.91
1.0-0.390.880.870.91-0.90.921.0-0.13-0.920.40.970.91-0.720.860.730.910.81-0.920.97-0.750.960.90.891.0
-0.670.23-0.85-0.36-0.840.48-0.41-0.720.730.730.23-0.58-0.8-0.72-0.52-0.92-0.8-0.320.9-0.810.45-0.55-0.86-0.9-0.72
0.88-0.80.860.950.91-0.990.910.850.19-0.960.70.90.930.86-0.520.520.930.92-0.840.76-0.810.940.880.840.86
0.71-0.20.880.390.79-0.480.490.74-0.62-0.71-0.130.670.770.73-0.920.520.770.46-0.840.85-0.670.620.830.840.76
0.9-0.670.980.821.0-0.90.810.91-0.18-0.990.390.881.00.91-0.80.930.770.79-0.980.88-0.780.890.990.980.91
0.86-0.670.760.960.75-0.940.960.810.38-0.850.820.930.790.81-0.320.920.460.79-0.680.72-0.920.950.730.660.83
-0.90.52-0.97-0.73-0.990.82-0.75-0.920.360.95-0.22-0.85-0.98-0.920.9-0.84-0.84-0.98-0.68-0.930.7-0.85-0.99-1.0-0.92
0.96-0.270.90.750.89-0.790.830.98-0.31-0.880.230.920.880.97-0.810.760.850.880.72-0.93-0.740.890.90.890.98
-0.790.62-0.83-0.79-0.750.79-0.83-0.75-0.160.82-0.61-0.86-0.78-0.750.45-0.81-0.67-0.78-0.920.7-0.74-0.86-0.76-0.69-0.8
0.98-0.560.850.960.87-0.970.990.950.13-0.930.640.990.890.96-0.550.940.620.890.95-0.850.89-0.860.860.820.96
0.89-0.620.990.761.0-0.850.760.9-0.29-0.970.290.860.990.9-0.860.880.830.990.73-0.990.9-0.760.860.990.91
0.87-0.560.970.710.99-0.810.720.89-0.37-0.950.210.820.980.89-0.90.840.840.980.66-1.00.89-0.690.820.990.89
1.0-0.40.90.860.91-0.890.921.0-0.13-0.930.410.980.911.0-0.720.860.760.910.83-0.920.98-0.80.960.910.89
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Atlas Energy Account Relationship Matchups

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When determining whether Atlas Energy Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlas Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atlas Energy Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlas Energy Solutions Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Energy Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Atlas Energy's price analysis, check to measure Atlas Energy'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 Atlas Energy is operating at the current time. Most of Atlas Energy's value examination focuses on studying past and present price action to predict the probability of Atlas Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Energy's price. Additionally, you may evaluate how the addition of Atlas Energy to your portfolios can decrease your overall portfolio volatility.
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Is Atlas Energy's industry 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 Atlas Energy. If investors know Atlas 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 Atlas Energy 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
7.667
Dividend Share
0.76
Earnings Share
1.71
Revenue Per Share
7.976
Quarterly Revenue Growth
0.256
The market value of Atlas Energy Solutions is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Energy's value that differs from its market value or its book value, called intrinsic value, which is Atlas Energy'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 Atlas Energy's market value can be influenced by many factors that don't directly affect Atlas Energy'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 Atlas Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Energy'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.