ATAI Short Long Term Debt Total vs Other Current Assets Analysis

ATAI Stock  USD 1.86  0.19  9.27%   
ATAI Life financial indicator trend analysis is way more than just evaluating ATAI Life Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATAI Life Sciences is a good investment. Please check the relationship between ATAI Life Short Long Term Debt Total and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATAI Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Short Long Term Debt Total vs Other Current Assets

Short Long Term Debt Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATAI Life Sciences Short Long Term Debt Total account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ATAI Life's Short Long Term Debt Total and Other Current Assets is 0.92. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of ATAI Life Sciences, assuming nothing else is changed. The correlation between historical values of ATAI Life's Short Long Term Debt Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of ATAI Life Sciences are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Long Term Debt Total i.e., ATAI Life's Short Long Term Debt Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from ATAI Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATAI Life Sciences 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 ATAI Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
As of now, ATAI Life's Tax Provision is increasing as compared to previous years. The ATAI Life's current Selling General Administrative is estimated to increase to about 68.8 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization31.0M714K319K303.1K
Interest Income205K548K1.4M1.4M

ATAI Life fundamental ratios Correlations

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0.940.790.990.140.810.930.69-0.64-0.960.880.690.530.980.780.92-0.870.960.940.72-0.70.80.930.750.680.45
0.960.770.990.080.850.950.7-0.65-0.960.930.70.580.980.760.92-0.90.970.940.71-0.670.820.910.740.630.49
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0.930.40.810.85-0.420.920.41-0.86-0.720.940.880.440.830.40.94-0.830.780.830.83-0.730.610.580.850.150.35
0.990.660.930.95-0.120.920.63-0.74-0.890.930.780.570.890.660.95-0.810.950.980.81-0.750.790.830.830.50.5
0.620.950.690.70.580.410.630.03-0.860.60.030.930.610.960.49-0.580.730.710.12-0.110.970.820.170.770.92
-0.76-0.08-0.64-0.650.62-0.86-0.740.030.44-0.7-1.00.06-0.69-0.06-0.850.6-0.57-0.64-0.950.9-0.21-0.37-0.950.030.16
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0.80.140.690.7-0.570.880.780.03-1.0-0.50.73-0.010.730.120.88-0.630.620.680.96-0.910.260.430.960.03-0.11
0.550.780.530.580.370.440.570.930.06-0.720.6-0.010.460.810.4-0.540.620.610.020.040.920.630.060.510.99
0.910.70.980.980.050.830.890.61-0.69-0.910.90.730.460.690.92-0.920.910.870.72-0.680.730.860.750.570.37
0.661.00.780.760.650.40.660.96-0.06-0.910.580.120.810.690.56-0.570.780.760.24-0.260.940.910.280.880.78
0.970.580.920.92-0.190.940.950.49-0.85-0.840.880.880.40.920.56-0.790.860.920.9-0.860.670.750.920.40.31
-0.82-0.57-0.87-0.90.07-0.83-0.81-0.580.60.8-0.95-0.63-0.54-0.92-0.57-0.79-0.82-0.74-0.530.44-0.69-0.71-0.57-0.38-0.45
0.940.790.960.970.130.780.950.73-0.57-0.950.890.620.620.910.780.86-0.820.970.66-0.630.840.950.70.70.55
0.970.770.940.940.060.830.980.71-0.64-0.930.860.680.610.870.760.92-0.740.970.76-0.740.840.910.790.640.54
0.830.270.720.71-0.430.830.810.12-0.95-0.560.670.960.020.720.240.9-0.530.660.76-0.980.340.521.00.18-0.06
-0.78-0.29-0.7-0.670.32-0.73-0.75-0.110.90.55-0.57-0.910.04-0.68-0.26-0.860.44-0.63-0.74-0.98-0.3-0.54-0.98-0.260.12
0.790.920.80.820.390.610.790.97-0.21-0.930.750.260.920.730.940.67-0.690.840.840.34-0.30.860.380.70.89
0.830.920.930.910.430.580.830.82-0.37-0.960.730.430.630.860.910.75-0.710.950.910.52-0.540.860.560.890.57
0.860.310.750.74-0.40.850.830.17-0.95-0.60.70.960.060.750.280.92-0.570.70.791.0-0.980.380.560.22-0.02
0.490.90.680.630.760.150.50.770.03-0.770.350.030.510.570.880.4-0.380.70.640.18-0.260.70.890.220.49
0.470.750.450.490.410.350.50.920.16-0.660.51-0.110.990.370.780.31-0.450.550.54-0.060.120.890.57-0.020.49
Click cells to compare fundamentals

ATAI Life Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether ATAI Life Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATAI Life'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 Atai Life Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atai Life Sciences Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATAI Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the ATAI Life Sciences information on this page should be used as a complementary analysis to other ATAI Life's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running ATAI Life's price analysis, check to measure ATAI Life'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 ATAI Life is operating at the current time. Most of ATAI Life's value examination focuses on studying past and present price action to predict the probability of ATAI Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATAI Life's price. Additionally, you may evaluate how the addition of ATAI Life to your portfolios can decrease your overall portfolio volatility.
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Is ATAI Life'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 ATAI Life. If investors know ATAI 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 ATAI Life 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
(0.97)
Earnings Share
(0.25)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.53)
Return On Assets
(0.26)
The market value of ATAI Life Sciences is measured differently than its book value, which is the value of ATAI that is recorded on the company's balance sheet. Investors also form their own opinion of ATAI Life's value that differs from its market value or its book value, called intrinsic value, which is ATAI Life'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 ATAI Life's market value can be influenced by many factors that don't directly affect ATAI Life'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 ATAI Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAI Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAI Life'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.