Air Property Plant And Equipment Net vs Short Long Term Debt Total Analysis

ATSG Stock

USD 14.72 0.08 0.55%

Air Transport financial indicator trend analysis is way more than just evaluating Air Transport Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Transport Services is a good investment. Please check the relationship between Air Transport Property Plant And Equipment Net and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. 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.

Property Plant And Equipment Net vs Short Long Term Debt Total

Property Plant And Equipment Net vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Transport Services Property Plant And Equipment Net account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Air Transport's Property Plant And Equipment Net and Short Long Term Debt Total is 0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Air Transport Services, assuming nothing else is changed. The correlation between historical values of Air Transport's Property Plant And Equipment Net and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Air Transport Services are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Property Plant And Equipment Net i.e., Air Transport's Property Plant And Equipment Net and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Long Term Debt Total

Most indicators from Air Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Transport Services 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 Air Transport Services. 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.

At this time, Air Transport's Enterprise Value Over EBITDA is most likely to increase slightly in the upcoming years. The Air Transport's current Enterprise Value Multiple is estimated to increase to 5.75, while Selling General Administrative is projected to decrease to roughly 9.3 M.

	2020	2021	2023	2024 (projected)
Gross Profit	373.9M	485.8M	199.8M	189.8M
Total Revenue	1.7B	2.0B	2.1B	1.3B

Gross Profit Total Revenue

Air Transport fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Inventory	Other Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity
Total Assets		0.96	0.99	0.39	0.03	0.66	0.73	0.98	0.88	0.75	0.89	0.3	0.91	0.99	0.55	0.97	0.79	0.71	0.38	0.98	0.98	0.98	1.0	0.57	0.93	0.58
Total Stockholder Equity	0.96		0.96	0.41	-0.02	0.68	0.83	0.88	0.82	0.62	0.84	0.11	0.9	0.95	0.48	0.89	0.77	0.67	0.49	0.94	0.9	0.9	0.95	0.5	0.94	0.65
Property Plant And Equipment Net	0.99	0.96		0.34	0.07	0.65	0.7	0.97	0.91	0.73	0.87	0.29	0.94	0.99	0.49	0.95	0.78	0.69	0.35	0.99	0.96	0.96	1.0	0.52	0.91	0.6
Non Currrent Assets Other	0.39	0.41	0.34		-0.86	0.34	0.58	0.35	0.31	-0.14	0.34	-0.34	0.05	0.35	0.62	0.5	-0.03	0.09	0.92	0.29	0.48	0.47	0.36	0.62	0.44	0.43
Other Assets	0.03	-0.02	0.07	-0.86		-0.19	-0.24	0.06	0.02	0.57	0.08	0.63	0.3	0.06	-0.32	-0.08	0.41	0.33	-0.85	0.11	-0.08	-0.07	0.06	-0.32	-0.1	-0.38
Common Stock Shares Outstanding	0.66	0.68	0.65	0.34	-0.19		0.6	0.62	0.52	0.35	0.6	0.02	0.64	0.63	0.12	0.62	0.59	0.48	0.43	0.66	0.65	0.66	0.65	0.13	0.77	0.74
Other Stockholder Equity	0.73	0.83	0.7	0.58	-0.24	0.6		0.63	0.43	0.42	0.79	-0.01	0.56	0.69	0.56	0.72	0.68	0.68	0.68	0.63	0.71	0.71	0.71	0.56	0.82	0.55
Total Liab	0.98	0.88	0.97	0.35	0.06	0.62	0.63		0.87	0.79	0.87	0.41	0.87	0.97	0.57	0.98	0.77	0.71	0.3	0.97	0.99	0.99	0.98	0.59	0.87	0.5
Property Plant And Equipment Gross	0.88	0.82	0.91	0.31	0.02	0.52	0.43	0.87		0.54	0.69	0.19	0.86	0.9	0.41	0.83	0.53	0.41	0.25	0.93	0.84	0.84	0.89	0.45	0.7	0.65
Other Current Liab	0.75	0.62	0.73	-0.14	0.57	0.35	0.42	0.79	0.54		0.78	0.76	0.73	0.73	0.36	0.73	0.89	0.85	-0.21	0.73	0.72	0.73	0.76	0.37	0.64	0.04
Total Current Liabilities	0.89	0.84	0.87	0.34	0.08	0.6	0.79	0.87	0.69	0.78		0.45	0.78	0.87	0.6	0.87	0.89	0.85	0.31	0.84	0.87	0.87	0.88	0.6	0.84	0.53
Other Liab	0.3	0.11	0.29	-0.34	0.63	0.02	-0.01	0.41	0.19	0.76	0.45		0.29	0.3	0.03	0.31	0.54	0.66	-0.55	0.31	0.31	0.31	0.32	0.03	0.15	-0.3
Retained Earnings	0.91	0.9	0.94	0.05	0.3	0.64	0.56	0.87	0.86	0.73	0.78	0.29		0.93	0.26	0.79	0.82	0.63	0.13	0.95	0.81	0.82	0.91	0.28	0.84	0.59
Accounts Payable	0.99	0.95	0.99	0.35	0.06	0.63	0.69	0.97	0.9	0.73	0.87	0.3	0.93		0.51	0.94	0.78	0.69	0.36	0.99	0.95	0.95	0.99	0.54	0.92	0.59
Cash	0.55	0.48	0.49	0.62	-0.32	0.12	0.56	0.57	0.41	0.36	0.6	0.03	0.26	0.51		0.68	0.34	0.3	0.52	0.45	0.63	0.61	0.54	1.0	0.47	0.23
Long Term Debt	0.97	0.89	0.95	0.5	-0.08	0.62	0.72	0.98	0.83	0.73	0.87	0.31	0.79	0.94	0.68		0.72	0.68	0.44	0.93	0.99	0.99	0.97	0.7	0.88	0.5
Inventory	0.79	0.77	0.78	-0.03	0.41	0.59	0.68	0.77	0.53	0.89	0.89	0.54	0.82	0.78	0.34	0.72		0.89	0.04	0.77	0.73	0.74	0.79	0.33	0.81	0.34
Other Current Assets	0.71	0.67	0.69	0.09	0.33	0.48	0.68	0.71	0.41	0.85	0.85	0.66	0.63	0.69	0.3	0.68	0.89		0.05	0.65	0.69	0.69	0.71	0.3	0.71	0.17
Common Stock	0.38	0.49	0.35	0.92	-0.85	0.43	0.68	0.3	0.25	-0.21	0.31	-0.55	0.13	0.36	0.52	0.44	0.04	0.05		0.29	0.43	0.43	0.35	0.53	0.53	0.56
Property Plant Equipment	0.98	0.94	0.99	0.29	0.11	0.66	0.63	0.97	0.93	0.73	0.84	0.31	0.95	0.99	0.45	0.93	0.77	0.65	0.29		0.94	0.94	0.99	0.48	0.88	0.6
Short Long Term Debt Total	0.98	0.9	0.96	0.48	-0.08	0.65	0.71	0.99	0.84	0.72	0.87	0.31	0.81	0.95	0.63	0.99	0.73	0.69	0.43	0.94		1.0	0.98	0.65	0.9	0.54
Net Debt	0.98	0.9	0.96	0.47	-0.07	0.66	0.71	0.99	0.84	0.73	0.87	0.31	0.82	0.95	0.61	0.99	0.74	0.69	0.43	0.94	1.0		0.98	0.63	0.9	0.55
Non Current Assets Total	1.0	0.95	1.0	0.36	0.06	0.65	0.71	0.98	0.89	0.76	0.88	0.32	0.91	0.99	0.54	0.97	0.79	0.71	0.35	0.99	0.98	0.98		0.56	0.91	0.57
Cash And Short Term Investments	0.57	0.5	0.52	0.62	-0.32	0.13	0.56	0.59	0.45	0.37	0.6	0.03	0.28	0.54	1.0	0.7	0.33	0.3	0.53	0.48	0.65	0.63	0.56		0.48	0.24
Net Receivables	0.93	0.94	0.91	0.44	-0.1	0.77	0.82	0.87	0.7	0.64	0.84	0.15	0.84	0.92	0.47	0.88	0.81	0.71	0.53	0.88	0.9	0.9	0.91	0.48		0.61
Common Stock Total Equity	0.58	0.65	0.6	0.43	-0.38	0.74	0.55	0.5	0.65	0.04	0.53	-0.3	0.59	0.59	0.23	0.5	0.34	0.17	0.56	0.6	0.54	0.55	0.57	0.24	0.61

Click cells to compare fundamentals

Air Transport Account Relationship Matchups

Air Transport fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	3.0B	3.3B	3.6B	4.0B	4.2B
Total Stockholder Equity	436.4M	855.5M	1.3B	1.4B	1.4B	1.4B
Property Plant And Equipment Net	1.6B	2.0B	2.2B	2.5B	2.9B	3.0B
Non Currrent Assets Other	204.1M	216.8M	(63.2M)	122.6M	156.4M	164.3M
Other Assets	204.5M	272.9M	216.8M	183.4M	165.1M	174.1M
Common Stock Shares Outstanding	69.3M	59.9M	76.2M	88.3M	75.6M	70.1M
Liabilities And Stockholders Equity	2.5B	3.0B	3.3B	3.6B	4.0B	4.2B
Other Stockholder Equity	471.2M	855.5M	1.1B	986.3M	836.3M	572.8M
Total Liab	2.0B	2.1B	1.9B	2.2B	2.6B	2.8B
Property Plant And Equipment Gross	1.8B	2.0B	2.2B	2.4B	4.7B	4.9B
Other Current Liab	70.6M	75.5M	71.6M	69.0M	67.4M	65.3M
Total Current Liabilities	229.1M	302.0M	312.6M	307.5M	400.2M	207.6M
Other Liab	596.6M	327.8M	289.2M	354.1M	407.2M	308.5M
Retained Earnings	56.1M	78.0M	309.4M	528.9M	589.2M	618.7M
Accounts Payable	109.8M	141.4M	174.2M	193.0M	227.7M	239.0M
Cash	59.3M	39.7M	69.5M	27.1M	53.6M	34.5M
Long Term Debt	1.5B	1.5B	1.3B	1.5B	1.7B	1.8B
Inventory	33.5M	40.4M	49.2M	57.8M	49.9M	26.6M
Other Current Assets	18.6M	39.1M	28.7M	32.0M	26.6M	17.9M
Property Plant Equipment	1.8B	1.9B	2.2B	2.4B	2.8B	2.9B
Short Long Term Debt Total	1.4B	1.5B	1.4B	1.5B	1.8B	1.9B
Net Debt	1.3B	1.5B	1.3B	1.5B	1.8B	1.9B
Non Current Assets Total	2.2B	2.7B	2.9B	3.2B	3.7B	3.8B
Cash And Short Term Investments	59.3M	39.7M	69.5M	27.1M	53.6M	39.0M
Net Receivables	147.8M	153.5M	205.4M	301.6M	215.6M	226.4M
Common Stock Total Equity	593K	596K	741K	723K	831.5K	682.6K
Non Current Liabilities Total	1.8B	1.8B	1.6B	1.9B	2.2B	2.3B
Total Current Assets	259.2M	272.7M	352.8M	418.5M	345.7M	215.1M
Accumulated Other Comprehensive Income	(91.4M)	(78.7M)	(62.1M)	(103.4M)	(57.4M)	(60.3M)
Short Term Debt	29.7M	31.5M	19.4M	24.0M	74.9M	78.6M
Intangible Assets	131.7M	120.3M	109.2M	96.7M	86.5M	79.5M
Current Deferred Revenue	19.1M	53.5M	47.4M	21.5M	30.2M	19.7M
Net Tangible Assets	(595.0M)	(177.1M)	817.3M	919.9M	1.1B	1.1B
Retained Earnings Total Equity	45.9M	78.0M	309.4M	528.9M	608.2M	638.6M
Long Term Debt Total	1.5B	1.5B	1.3B	1.5B	1.7B	985.3M
Capital Surpluse	475.7M	855.5M	1.1B	986.3M	1.1B	697.4M
Short Long Term Debt	14.7M	13.7M	628K	639K	54.7M	57.4M

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When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:

How To Invest In Air

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Is Air Stock a good investment?

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What is Air Transport's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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

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Is Air Transport'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 Air Transport. If investors know Air 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 Air Transport 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

(0.48)

Earnings Share

0.7

Revenue Per Share

30.702

Quarterly Revenue Growth

(0.03)

Return On Assets

0.0248

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

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Air Property Plant And Equipment Net vs Short Long Term Debt Total Analysis

Property Plant And Equipment Net vs Short Long Term Debt Total

Property Plant And Equipment Net vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Short Long Term Debt Total

Air Transport fundamental ratios Correlations

Air Transport Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Air Transport fundamental ratios Accounts

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COMMON DESTINATIONS

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets

Other Assets	- 0.86	Non Currrent Assets Other
Common Stock	- 0.85	Other Assets
Common Stock	- 0.55	Other Liab
Common Stock Total Equity	- 0.38	Other Assets
Other Liab	- 0.34	Non Currrent Assets Other
Cash And Short Term Investments	- 0.32	Other Assets