Atara Accounts Payable vs Total Liab Analysis

ATRA Stock

USD 0.67 0.02 3.08%

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

For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atara Biotherapeutics Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Atara Biotherapeutics' Accounts Payable and Total Liab is 0.42. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Atara Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Atara Biotherapeutics' Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Atara Biotherapeutics are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Atara Biotherapeutics' Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Atara Biotherapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Atara Biotherapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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

For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.At present, Atara Biotherapeutics' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 81.5 M, whereas Selling General Administrative is forecasted to decline to about 47.3 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	367K	2.0M	944K	896.8K
Interest Income	367K	2.0M	4.8M	3.2M

Net Interest Income Interest Income

Atara Biotherapeutics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Retained Earnings Total Equity
Total Assets		0.66	0.53	0.77	0.31	0.76	-0.63	-0.56	0.62	0.82	0.75	0.32	0.71	0.92	0.63	0.67	0.3	0.93	0.75	0.43	0.72	0.95	0.69	0.7	0.87	-0.64
Other Current Liab	0.66		0.92	0.09	0.87	0.8	-0.07	-0.93	0.49	0.47	0.81	0.82	0.48	0.38	0.94	0.94	0.81	0.65	0.88	0.91	0.82	0.48	0.88	0.39	0.42	-0.93
Total Current Liabilities	0.53	0.92		-0.11	0.92	0.71	0.07	-0.97	0.49	0.34	0.72	0.81	0.31	0.2	0.97	0.96	0.8	0.56	0.83	0.95	0.76	0.3	0.85	0.3	0.36	-0.93
Total Stockholder Equity	0.77	0.09	-0.11		-0.35	0.38	-0.82	0.06	0.39	0.71	0.37	-0.3	0.59	0.94	0.02	0.06	-0.32	0.69	0.29	-0.23	0.32	0.9	0.21	0.66	0.78	-0.05
Other Liab	0.31	0.87	0.92	-0.35		0.56	0.34	-0.93	0.3	0.12	0.58	0.96	0.17	-0.04	0.91	0.9	0.93	0.31	0.72	0.97	0.61	0.08	0.77	-0.01	0.06	-0.88
Property Plant And Equipment Net	0.76	0.8	0.71	0.38	0.56		-0.35	-0.78	0.73	0.65	1.0	0.58	0.55	0.57	0.79	0.81	0.56	0.84	0.9	0.67	0.99	0.63	0.87	0.76	0.5	-0.84
Net Debt	-0.63	-0.07	0.07	-0.82	0.34	-0.35		-0.06	-0.44	-0.89	-0.33	0.33	-0.77	-0.79	0.03	-0.02	0.23	-0.67	-0.24	0.16	-0.29	-0.75	-0.16	-0.64	-0.63	0.05
Retained Earnings	-0.56	-0.93	-0.97	0.06	-0.93	-0.78	-0.06		-0.5	-0.38	-0.8	-0.89	-0.38	-0.25	-0.99	-0.99	-0.87	-0.61	-0.9	-0.97	-0.82	-0.35	-0.92	-0.29	-0.31	0.99
Accounts Payable	0.62	0.49	0.49	0.39	0.3	0.73	-0.44	-0.5		0.6	0.73	0.28	0.37	0.51	0.5	0.56	0.31	0.6	0.6	0.42	0.7	0.53	0.55	0.76	0.38	-0.56
Cash	0.82	0.47	0.34	0.71	0.12	0.65	-0.89	-0.38	0.6		0.65	0.14	0.91	0.82	0.41	0.45	0.22	0.87	0.62	0.29	0.61	0.84	0.55	0.65	0.66	-0.49
Non Current Assets Total	0.75	0.81	0.72	0.37	0.58	1.0	-0.33	-0.8	0.73	0.65		0.6	0.55	0.55	0.8	0.82	0.58	0.83	0.91	0.69	0.99	0.62	0.88	0.74	0.48	-0.86
Non Currrent Assets Other	0.32	0.82	0.81	-0.3	0.96	0.58	0.33	-0.89	0.28	0.14	0.6		0.22	0.0	0.86	0.86	0.96	0.3	0.73	0.93	0.61	0.11	0.77	-0.05	-0.02	-0.87
Other Assets	0.71	0.48	0.31	0.59	0.17	0.55	-0.77	-0.38	0.37	0.91	0.55	0.22		0.71	0.39	0.42	0.27	0.79	0.58	0.31	0.51	0.74	0.53	0.43	0.57	-0.48
Cash And Short Term Investments	0.92	0.38	0.2	0.94	-0.04	0.57	-0.79	-0.25	0.51	0.82	0.55	0.0	0.71		0.32	0.37	-0.01	0.83	0.56	0.1	0.52	0.99	0.49	0.68	0.84	-0.35
Common Stock Total Equity	0.63	0.94	0.97	0.02	0.91	0.79	0.03	-0.99	0.5	0.41	0.8	0.86	0.39	0.32		0.99	0.83	0.66	0.9	0.94	0.82	0.42	0.91	0.32	0.41	-0.97
Common Stock Shares Outstanding	0.67	0.94	0.96	0.06	0.9	0.81	-0.02	-0.99	0.56	0.45	0.82	0.86	0.42	0.37	0.99		0.84	0.67	0.92	0.94	0.84	0.47	0.93	0.36	0.42	-0.98
Non Current Liabilities Total	0.3	0.81	0.8	-0.32	0.93	0.56	0.23	-0.87	0.31	0.22	0.58	0.96	0.27	-0.01	0.83	0.84		0.3	0.71	0.95	0.59	0.1	0.74	-0.02	-0.04	-0.86
Other Current Assets	0.93	0.65	0.56	0.69	0.31	0.84	-0.67	-0.61	0.6	0.87	0.83	0.3	0.79	0.83	0.66	0.67	0.3		0.78	0.45	0.81	0.87	0.72	0.75	0.83	-0.68
Other Stockholder Equity	0.75	0.88	0.83	0.29	0.72	0.9	-0.24	-0.9	0.6	0.62	0.91	0.73	0.58	0.56	0.9	0.92	0.71	0.78		0.81	0.92	0.64	0.99	0.51	0.46	-0.94
Total Liab	0.43	0.91	0.95	-0.23	0.97	0.67	0.16	-0.97	0.42	0.29	0.69	0.93	0.31	0.1	0.94	0.94	0.95	0.45	0.81		0.71	0.21	0.84	0.14	0.16	-0.94
Property Plant And Equipment Gross	0.72	0.82	0.76	0.32	0.61	0.99	-0.29	-0.82	0.7	0.61	0.99	0.61	0.51	0.52	0.82	0.84	0.59	0.81	0.92	0.71		0.59	0.9	0.72	0.46	-0.86
Total Current Assets	0.95	0.48	0.3	0.9	0.08	0.63	-0.75	-0.35	0.53	0.84	0.62	0.11	0.74	0.99	0.42	0.47	0.1	0.87	0.64	0.21	0.59		0.58	0.67	0.84	-0.45
Common Stock	0.69	0.88	0.85	0.21	0.77	0.87	-0.16	-0.92	0.55	0.55	0.88	0.77	0.53	0.49	0.91	0.93	0.74	0.72	0.99	0.84	0.9	0.58		0.44	0.39	-0.95
Property Plant Equipment	0.7	0.39	0.3	0.66	-0.01	0.76	-0.64	-0.29	0.76	0.65	0.74	-0.05	0.43	0.68	0.32	0.36	-0.02	0.75	0.51	0.14	0.72	0.67	0.44		0.63	-0.37
Net Tangible Assets	0.87	0.42	0.36	0.78	0.06	0.5	-0.63	-0.31	0.38	0.66	0.48	-0.02	0.57	0.84	0.41	0.42	-0.04	0.83	0.46	0.16	0.46	0.84	0.39	0.63		-0.34
Retained Earnings Total Equity	-0.64	-0.93	-0.93	-0.05	-0.88	-0.84	0.05	0.99	-0.56	-0.49	-0.86	-0.87	-0.48	-0.35	-0.97	-0.98	-0.86	-0.68	-0.94	-0.94	-0.86	-0.45	-0.95	-0.37	-0.34

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Atara Biotherapeutics Account Relationship Matchups

Atara Biotherapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	342.9M	588.1M	468.1M	376.4M	165.5M	302.7M
Other Current Liab	5.7M	40.3M	44.9M	50.4M	48.5M	51.0M
Total Current Liabilities	36.7M	82.9M	105.8M	78.9M	142.2M	149.3M
Total Stockholder Equity	290.8M	462.3M	279.6M	126.6M	(99.2M)	(94.3M)
Other Liab	1.0M	29.7M	57.2M	109.2M	125.5M	131.8M
Property Plant And Equipment Net	68.2M	62.8M	79.9M	74.3M	58.8M	42.2M
Net Debt	(60.2M)	(187.4M)	(80.6M)	(21.2M)	31.9M	33.5M
Retained Earnings	(818.0M)	(1.1B)	(1.5B)	(1.7B)	(2.0B)	(1.9B)
Accounts Payable	8.0M	7.1M	17.4M	6.9M	3.7M	6.1M
Cash	74.3M	200.4M	106.1M	92.9M	26.0M	24.7M
Non Current Assets Total	70.0M	64.8M	83.5M	81.3M	63.6M	44.3M
Non Currrent Assets Other	567K	827K	2.4M	7.0M	4.8M	5.1M
Other Assets	1.8M	14.3M	3.6M	7.0M	1.0	0.95
Cash And Short Term Investments	259.1M	500.7M	371.1M	242.8M	51.9M	49.3M
Common Stock Total Equity	6K	8K	9K	10K	11.5K	12.1K
Common Stock Shares Outstanding	51.3M	74.0M	93.7M	102.0M	105.9M	111.2M
Liabilities And Stockholders Equity	342.9M	588.1M	468.1M	376.4M	165.5M	302.7M
Non Current Liabilities Total	15.4M	42.9M	82.7M	170.9M	122.5M	128.6M
Other Current Assets	13.9M	21.4M	12.6M	10.3M	6.2M	8.6M
Other Stockholder Equity	1.1B	1.6B	1.7B	1.8B	1.9B	952.6M
Total Liab	52.2M	125.8M	188.5M	249.8M	264.7M	278.0M
Property Plant And Equipment Gross	68.2M	62.8M	79.9M	74.3M	74.7M	43.7M
Total Current Assets	273.0M	523.3M	384.6M	295.1M	101.9M	96.8M
Accumulated Other Comprehensive Income	220K	296K	(368K)	(2.1M)	(204K)	(214.2K)
Common Stock	6K	8K	9K	10K	11K	5.7K
Property Plant Equipment	54.2M	50.5M	79.9M	6.3M	7.2M	6.9M
Net Tangible Assets	290.8M	462.3M	279.6M	126.6M	145.6M	287.0M
Retained Earnings Total Equity	(818.0M)	(1.1B)	(1.5B)	(1.7B)	(1.5B)	(1.4B)
Short Term Investments	184.8M	300.3M	265.0M	149.9M	25.9M	24.6M
Capital Surpluse	1.1B	1.6B	1.7B	1.8B	2.1B	1.1B
Non Current Liabilities Other	15.4M	42.9M	1.5M	170.9M	39.3M	36.2M
Short Long Term Debt Total	14.1M	13.0M	25.5M	71.7M	57.9M	60.8M
Current Deferred Revenue	21.5M	33.5M	40.8M	8M	77.8M	81.7M
Net Invested Capital	290.8M	462.3M	279.6M	126.6M	(99.2M)	(94.3M)
Net Working Capital	236.2M	440.4M	278.8M	216.2M	(40.4M)	(38.3M)
Short Term Debt	1.6M	2.0M	2.8M	13.6M	12.2M	12.8M
Capital Stock	6K	8K	9K	10K	11K	9.0K

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atara Biotherapeutics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atara Biotherapeutics' short interest history, or implied volatility extrapolated from Atara Biotherapeutics options trading.

Pair Trading with Atara Biotherapeutics

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 Atara Biotherapeutics 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 Atara Biotherapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Atara Stock

0.49	PAHC	Phibro Animal Health Fiscal Year End 4th of September 2024	Pair Corr
0.44	LLY	Eli Lilly	Pair Corr

The ability to find closely correlated positions to Atara Biotherapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atara Biotherapeutics 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 Atara Biotherapeutics - 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 Atara Biotherapeutics to buy it.

The correlation of Atara Biotherapeutics 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 Atara Biotherapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atara Biotherapeutics 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 Atara Biotherapeutics 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

When determining whether Atara Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atara Biotherapeutics' 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 Atara Biotherapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atara Biotherapeutics Stock:

How To Invest In Atara

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Is Atara Stock a good investment?

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What is Atara Biotherapeutics' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atara Biotherapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Atara Stock analysis

When running Atara Biotherapeutics' price analysis, check to measure Atara Biotherapeutics' 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 Atara Biotherapeutics is operating at the current time. Most of Atara Biotherapeutics' value examination focuses on studying past and present price action to predict the probability of Atara Biotherapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atara Biotherapeutics' price. Additionally, you may evaluate how the addition of Atara Biotherapeutics to your portfolios can decrease your overall portfolio volatility.

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Is Atara Biotherapeutics' 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 Atara Biotherapeutics. If investors know Atara 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 Atara Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.61)

Revenue Per Share

0.081

Quarterly Revenue Growth

13.457

Return On Assets

(0.62)

Return On Equity

(20.15)

The market value of Atara Biotherapeutics is measured differently than its book value, which is the value of Atara that is recorded on the company's balance sheet. Investors also form their own opinion of Atara Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Atara Biotherapeutics' 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 Atara Biotherapeutics' market value can be influenced by many factors that don't directly affect Atara Biotherapeutics' 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 Atara Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atara Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atara Biotherapeutics' 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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Atara Accounts Payable vs Total Liab Analysis

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Liab

Atara Biotherapeutics fundamental ratios Correlations

Atara Biotherapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Atara Biotherapeutics fundamental ratios Accounts

Pair Trading with Atara Biotherapeutics

Moving against Atara Stock

Complementary Tools for Atara Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Retained Earnings Total Equity	+ 0.99	Retained Earnings
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Common Stock Shares Outstanding	+ 0.99	Common Stock Total Equity

Common Stock Shares Outstanding	- 0.99	Retained Earnings
Common Stock Total Equity	- 0.99	Retained Earnings
Retained Earnings Total Equity	- 0.98	Common Stock Shares Outstanding
Retained Earnings Total Equity	- 0.97	Common Stock Total Equity
Total Liab	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities