Air Short Long Term Debt Total vs Other Assets Analysis
ATSG Stock | USD 14.64 0.03 0.21% |
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 Short Long Term Debt Total and its Other Assets 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.
Short Long Term Debt Total vs Other Assets
Short Long Term Debt Total vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Transport Services Short Long Term Debt Total account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Air Transport's Short Long Term Debt Total and Other Assets is -0.08. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Assets 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 Short Long Term Debt Total and Other 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 Air Transport Services are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Long Term Debt Total i.e., Air Transport's Short Long Term Debt Total and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Other Assets
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 |
Air Transport fundamental ratios Correlations
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Air Transport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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.