ATRION Total Operating Expenses vs Other Operating Expenses Analysis

ATRI Stock  USD 465.25  9.41  2.06%   
ATRION financial indicator trend analysis is way more than just evaluating ATRION prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATRION is a good investment. Please check the relationship between ATRION Total Operating Expenses and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATRION. 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 more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.

Total Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATRION Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between ATRION's Total Operating Expenses and Other Operating Expenses is 0.36. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of ATRION, assuming nothing else is changed. The correlation between historical values of ATRION's Total Operating Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of ATRION are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., ATRION's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ATRION. It is also known as ATRION overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from ATRION's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATRION 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 ATRION. 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 more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.As of now, ATRION's Sales General And Administrative To Revenue is increasing as compared to previous years. The ATRION's current Enterprise Value is estimated to increase to about 940.3 M, while Selling General Administrative is projected to decrease to under 15.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit69.4M75.9M62.4M38.8M
Total Revenue165.0M183.5M169.3M122.1M

ATRION fundamental ratios Correlations

-0.68-0.61-0.181.00.92-0.130.970.120.960.450.250.41-0.780.040.84-0.21-0.7-0.140.730.74-0.71-0.46-0.260.670.67
-0.680.980.76-0.69-0.580.26-0.61-0.23-0.670.2-0.350.110.97-0.6-0.440.420.280.33-0.29-0.550.990.210.81-0.62-0.61
-0.610.980.82-0.62-0.540.22-0.55-0.2-0.620.28-0.280.170.94-0.59-0.410.460.210.42-0.27-0.440.980.210.84-0.62-0.62
-0.180.760.82-0.21-0.10.3-0.12-0.28-0.190.45-0.250.580.64-0.66-0.020.52-0.160.580.14-0.070.75-0.010.98-0.44-0.44
1.0-0.69-0.62-0.210.92-0.130.980.110.960.430.250.41-0.790.030.85-0.22-0.7-0.180.740.73-0.72-0.46-0.280.690.69
0.92-0.58-0.54-0.10.920.210.95-0.230.940.3-0.110.47-0.68-0.20.97-0.15-0.77-0.280.910.51-0.64-0.54-0.140.80.8
-0.130.260.220.3-0.130.21-0.02-1.00.06-0.13-0.880.160.25-0.50.330.27-0.28-0.10.42-0.530.2-0.30.370.230.23
0.97-0.61-0.55-0.120.980.95-0.020.00.940.420.130.52-0.73-0.140.9-0.14-0.81-0.260.810.68-0.65-0.45-0.180.710.71
0.12-0.23-0.2-0.280.11-0.23-1.00.0-0.080.140.88-0.16-0.220.48-0.34-0.260.290.11-0.430.52-0.180.3-0.34-0.25-0.25
0.96-0.67-0.62-0.190.960.940.060.94-0.080.390.030.36-0.750.040.88-0.12-0.69-0.140.760.58-0.71-0.53-0.250.720.72
0.450.20.280.450.430.3-0.130.420.140.390.210.440.07-0.230.320.16-0.470.380.290.410.18-0.270.38-0.02-0.02
0.25-0.35-0.28-0.250.25-0.11-0.880.130.880.030.21-0.08-0.350.53-0.26-0.30.120.2-0.320.7-0.280.16-0.35-0.24-0.24
0.410.110.170.580.410.470.160.52-0.160.360.44-0.08-0.09-0.570.480.31-0.690.070.580.490.09-0.10.540.180.18
-0.780.970.940.64-0.79-0.680.25-0.73-0.22-0.750.07-0.35-0.09-0.46-0.550.360.440.34-0.4-0.670.970.250.72-0.67-0.67
0.04-0.6-0.59-0.660.03-0.2-0.5-0.140.480.04-0.230.53-0.57-0.46-0.35-0.350.410.21-0.50.23-0.530.16-0.71-0.1-0.1
0.84-0.44-0.41-0.020.850.970.330.9-0.340.880.32-0.260.48-0.55-0.35-0.13-0.77-0.340.940.37-0.52-0.53-0.050.830.83
-0.210.420.460.52-0.22-0.150.27-0.14-0.26-0.120.16-0.30.310.36-0.35-0.13-0.160.28-0.04-0.20.43-0.020.51-0.33-0.33
-0.70.280.21-0.16-0.7-0.77-0.28-0.810.29-0.69-0.470.12-0.690.440.41-0.77-0.160.2-0.74-0.440.330.27-0.1-0.52-0.52
-0.140.330.420.58-0.18-0.28-0.1-0.260.11-0.140.380.20.070.340.21-0.340.280.2-0.290.10.390.120.51-0.65-0.65
0.73-0.29-0.270.140.740.910.420.81-0.430.760.29-0.320.58-0.4-0.50.94-0.04-0.74-0.290.32-0.37-0.540.130.710.71
0.74-0.55-0.44-0.070.730.51-0.530.680.520.580.410.70.49-0.670.230.37-0.2-0.440.10.32-0.53-0.16-0.20.290.29
-0.710.990.980.75-0.72-0.640.2-0.65-0.18-0.710.18-0.280.090.97-0.53-0.520.430.330.39-0.37-0.530.250.81-0.69-0.69
-0.460.210.21-0.01-0.46-0.54-0.3-0.450.3-0.53-0.270.16-0.10.250.16-0.53-0.020.270.12-0.54-0.160.25-0.01-0.42-0.42
-0.260.810.840.98-0.28-0.140.37-0.18-0.34-0.250.38-0.350.540.72-0.71-0.050.51-0.10.510.13-0.20.81-0.01-0.46-0.46
0.67-0.62-0.62-0.440.690.80.230.71-0.250.72-0.02-0.240.18-0.67-0.10.83-0.33-0.52-0.650.710.29-0.69-0.42-0.461.0
0.67-0.61-0.62-0.440.690.80.230.71-0.250.72-0.02-0.240.18-0.67-0.10.83-0.33-0.52-0.650.710.29-0.69-0.42-0.461.0
Click cells to compare fundamentals

ATRION Account Relationship Matchups

ATRION fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets262.0M266.9M267.3M264.7M260.8M273.9M
Other Current Liab5.6M7.0M6.2M6.0M6.0M5.0M
Total Current Liabilities11.3M13.6M13.3M18.1M12.6M9.7M
Total Stockholder Equity237.9M240.4M244.3M239.5M242.9M255.0M
Property Plant And Equipment Net84.6M94.9M98.0M123.8M125.3M131.6M
Net Debt(45.0M)(22.5M)(32.3M)(4.7M)(3.3M)(3.5M)
Retained Earnings317.7M337.7M357.3M377.7M381.8M400.8M
Cash45.0M22.5M32.3M4.7M3.6M3.4M
Non Current Assets Total129.7M154.6M130.7M145.3M146.1M153.4M
Non Currrent Assets Other13.3M13.4M13.3M(5.1M)674K640.3K
Cash And Short Term Investments68.8M41.7M61.3M25.9M6.3M5.9M
Net Receivables18.9M16.4M21.0M24.0M23.0M15.4M
Common Stock Shares Outstanding1.9M1.8M1.8M1.8M1.8M2.0M
Liabilities And Stockholders Equity262.0M266.9M267.3M264.7M260.8M273.9M
Non Current Liabilities Total12.9M12.8M9.6M7.1M5.3M5.0M
Inventory42.1M50.3M50.8M65.8M82.3M86.4M
Other Current Assets2.5M3.9M3.4M3.8M3.2M2.9M
Other Stockholder Equity(80.2M)(97.6M)(113.4M)(138.5M)(139.2M)(132.2M)
Total Liab24.2M26.4M23.0M25.2M17.9M17.6M
Property Plant And Equipment Gross84.6M94.9M233.2M270.6M286.4M300.8M
Total Current Assets132.3M112.3M136.6M119.4M114.8M58.7M
Intangible Assets1.5M1.4M1.3M1.2M1.1M1.0M
Accounts Payable5.7M6.6M7.1M12.1M6.6M5.4M
Other Liab12.9M12.8M9.6M6.4M7.4M4.9M
Other Assets2.0M13.4M13.3M2.0M(2.6M)(2.4M)
Property Plant Equipment84.6M94.9M98.0M123.8M142.3M149.4M
Short Term Investments23.8M19.3M29.1M21.2M2.7M2.6M
Net Tangible Assets226.6M240.4M234.6M228.6M262.9M202.1M
Retained Earnings Total Equity268.2M291.8M337.7M357.3M410.9M263.1M
Capital Surpluse50.4M52.0M53.5M61.2M70.4M46.0M
Deferred Long Term Liab2.0M2.3M2.3M2.0M1.8M1.7M
Non Current Liabilities Other4.4M12.8M2.5M3.2M2.9M3.4M

Currently Active Assets on Macroaxis

When determining whether ATRION offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATRION'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 Atrion Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atrion Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATRION. 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 more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running ATRION's price analysis, check to measure ATRION'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 ATRION is operating at the current time. Most of ATRION's value examination focuses on studying past and present price action to predict the probability of ATRION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATRION's price. Additionally, you may evaluate how the addition of ATRION to your portfolios can decrease your overall portfolio volatility.
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Is ATRION'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 ATRION. If investors know ATRION 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 ATRION 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
(0.20)
Dividend Share
8.75
Earnings Share
10.61
Revenue Per Share
100.35
Quarterly Revenue Growth
0.184
The market value of ATRION is measured differently than its book value, which is the value of ATRION that is recorded on the company's balance sheet. Investors also form their own opinion of ATRION's value that differs from its market value or its book value, called intrinsic value, which is ATRION'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 ATRION's market value can be influenced by many factors that don't directly affect ATRION'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 ATRION's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATRION is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATRION'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.