Atlantic Free Cash Flow per Share vs Asset Turnover Analysis

AUB Stock  USD 33.22  1.04  3.23%   
Atlantic Union financial indicator trend analysis is way more than just evaluating Atlantic Union Bankshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlantic Union Bankshares is a good investment. Please check the relationship between Atlantic Union Free Cash Flow Per Share and its Asset Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic Union Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Free Cash Flow Per Share vs Asset Turnover

Free Cash Flow per Share vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlantic Union Bankshares Free Cash Flow per Share account and Asset Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between Atlantic Union's Free Cash Flow per Share and Asset Turnover is 0.07. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Atlantic Union Bankshares, assuming nothing else is changed. The correlation between historical values of Atlantic Union's Free Cash Flow per Share and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of Atlantic Union Bankshares are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Free Cash Flow per Share i.e., Atlantic Union's Free Cash Flow per Share and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Atlantic Union's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlantic Union Bankshares 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 Atlantic Union Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At present, Atlantic Union's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 38.8 M, whereas Discontinued Operations is forecasted to decline to about 51.3 K.
 2021 2022 2023 2024 (projected)
Interest Expense41.1M76.2M343.4M360.6M
Depreciation And Amortization13.9M10.8M41.0M43.0M

Atlantic Union fundamental ratios Correlations

0.640.30.990.490.330.950.840.69-0.660.850.920.980.520.550.990.780.94-0.040.70.97-0.060.220.990.860.56
0.64-0.220.630.540.920.590.290.46-0.020.810.480.690.240.280.650.770.570.430.670.7-0.090.150.650.440.45
0.3-0.220.330.16-0.520.260.710.51-0.360.030.560.23-0.07-0.080.29-0.350.420.00.470.260.720.330.260.580.19
0.990.630.330.560.30.910.870.74-0.650.830.930.990.450.481.00.740.91-0.020.670.99-0.010.340.990.880.67
0.490.540.160.560.350.270.520.72-0.010.50.560.57-0.25-0.220.560.360.460.520.370.650.290.760.460.570.75
0.330.92-0.520.30.350.32-0.10.150.240.610.120.40.160.20.340.670.270.460.440.4-0.23-0.050.350.080.22
0.950.590.260.910.270.320.730.51-0.650.840.830.920.690.720.90.770.95-0.120.710.88-0.13-0.060.930.760.32
0.840.290.710.870.52-0.10.730.81-0.660.560.950.80.220.240.850.340.8-0.030.640.830.330.520.820.920.62
0.690.460.510.740.720.150.510.81-0.490.420.860.66-0.24-0.20.750.320.630.140.640.750.30.620.670.890.73
-0.66-0.02-0.36-0.65-0.010.24-0.65-0.66-0.49-0.2-0.65-0.57-0.35-0.36-0.65-0.4-0.570.74-0.2-0.560.35-0.03-0.66-0.66-0.36
0.850.810.030.830.50.610.840.560.42-0.20.680.90.620.650.830.820.830.340.70.860.010.110.850.590.41
0.920.480.560.930.560.120.830.950.86-0.650.680.880.260.280.920.510.890.020.750.910.220.40.90.960.6
0.980.690.230.990.570.40.920.80.66-0.570.90.880.530.560.980.810.920.040.660.99-0.060.270.980.810.63
0.520.24-0.070.45-0.250.160.690.22-0.24-0.350.620.260.531.00.440.580.54-0.260.220.41-0.34-0.470.540.14-0.13
0.550.28-0.080.48-0.220.20.720.24-0.2-0.360.650.280.561.00.470.610.57-0.250.250.44-0.35-0.460.570.16-0.1
0.990.650.291.00.560.340.90.850.75-0.650.830.920.980.440.470.770.9-0.030.670.99-0.050.330.990.880.68
0.780.77-0.350.740.360.670.770.340.32-0.40.820.510.810.580.610.770.66-0.040.390.77-0.53-0.040.790.450.4
0.940.570.420.910.460.270.950.80.63-0.570.830.890.920.540.570.90.660.040.780.90.10.070.90.830.39
-0.040.430.0-0.020.520.46-0.12-0.030.140.740.340.020.04-0.26-0.25-0.03-0.040.040.40.080.630.33-0.07-0.010.08
0.70.670.470.670.370.440.710.640.64-0.20.70.750.660.220.250.670.390.780.40.680.440.090.670.720.23
0.970.70.260.990.650.40.880.830.75-0.560.860.910.990.410.440.990.770.90.080.680.00.370.970.860.7
-0.06-0.090.72-0.010.29-0.23-0.130.330.30.350.010.22-0.06-0.34-0.35-0.05-0.530.10.630.440.00.41-0.090.230.04
0.220.150.330.340.76-0.05-0.060.520.62-0.030.110.40.27-0.47-0.460.33-0.040.070.330.090.370.410.230.420.78
0.990.650.260.990.460.350.930.820.67-0.660.850.90.980.540.570.990.790.9-0.070.670.97-0.090.230.840.62
0.860.440.580.880.570.080.760.920.89-0.660.590.960.810.140.160.880.450.83-0.010.720.860.230.420.840.6
0.560.450.190.670.750.220.320.620.73-0.360.410.60.63-0.13-0.10.680.40.390.080.230.70.040.780.620.6
Click cells to compare fundamentals

Atlantic Union Account Relationship Matchups

Atlantic Union fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.6B19.6B20.1B20.5B21.2B22.2B
Short Long Term Debt Total1.4B739.8M388.7M1.6B1.1B1.2B
Total Current Liabilities370.2M250M16.7B1.0B810M1.3B
Total Stockholder Equity2.5B2.7B2.7B2.4B2.6B2.7B
Property Plant And Equipment Net161.1M163.8M134.8M118.2M91.0M84.4M
Net Debt1.0B248.5M(411.0M)1.2B746.7M784.0M
Retained Earnings581.4M616.1M783.8M919.5M1.0B1.1B
Cash397.9M491.3M799.7M318.5M364.4M382.6M
Non Current Assets Total3.7B4.2B5.2B4.7B1.0B1.4B
Non Currrent Assets Other(3.7B)(4.2B)(5.2B)(4.7B)(3.1B)(2.9B)
Other Assets11.5B12.4B10.6B12.7B17.7B18.6B
Cash And Short Term Investments2.3B3.0B4.3B3.1B2.4B2.5B
Common Stock Total Equity105.8M104.2M100.1M98.9M113.7M119.4M
Common Stock Shares Outstanding80.3M78.9M77.4M75.0M75.0B78.7B
Liabilities And Stockholders Equity17.6B19.6B20.1B20.5B21.2B22.2B
Non Current Liabilities Total1.1B489.8M388.7M1.0B17.8B18.7B
Other Stockholder Equity1.8B1.9B1.8B1.8B1.8B1.9B
Total Liab15.0B16.9B388.7M18.1B18.6B19.5B
Property Plant And Equipment Gross161.1M163.8M244.8M233.6M231.4M242.9M
Total Current Assets2.3B3.0B4.3B3.1B2.4B2.9B
Accumulated Other Comprehensive Income35.6M71.0M18.6M(418.3M)(343.3M)(326.2M)
Short Term Debt1.0B370.2M250M1.2B720M756M
Common Stock105.8M104.2M100.1M98.9M99.1M104.1M
Other Current Liab(370.2M)(250M)16.6B(160M)90M85.5M
Other Current Assets11.5B12.4B10.6B85.9M98.8M93.8M
Good Will298.5M727.2M935.6M925.2M1.1B1.1B
Short Term Investments1.9B2.5B3.5B2.7B2.2B1.4B
Intangible Assets73.7M57.2M43.3M26.8M19.2M29.1M
Net Tangible Assets1.5B1.7B1.7B1.4B1.6B1.0B
Long Term Debt1.1B489.8M388.7M389.9M391.0M460.9M
Retained Earnings Total Equity581.4M616.1M783.8M919.5M1.1B1.1B
Long Term Debt Total1.1B489.8M388.7M389.9M448.3M463.5M
Capital Surpluse1.8B1.9B1.8B1.8B2.0B1.1B
Long Term Investments15.1B17.0B4.1B3.6B3.1B2.9B
Non Current Liabilities Other667.4M707.4M354.9M590.9M679.5M390.1M
Property Plant Equipment161.1M163.8M134.8M118.2M136.0M136.3M
Other Liab110.1M356.5M237.1M156.0M179.4M152.7M
Accounts Payable13.3B15.7B16.6B15.9B18.3B12.5B
Inventory4.7M2.8M1.7M76K68.4K65.0K
Short Long Term Debt1.0B370.2M250M1.2B720M590.0M

Pair Trading with Atlantic Union

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 Atlantic Union 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 Atlantic Union will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atlantic Stock

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Moving against Atlantic Stock

  0.43TECTP Tectonic FinancialPairCorr
The ability to find closely correlated positions to Atlantic Union could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantic Union 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 Atlantic Union - 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 Atlantic Union Bankshares to buy it.
The correlation of Atlantic Union 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 Atlantic Union moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantic Union Bankshares 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 Atlantic Union 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 CorrelationCorrelation Matching
When determining whether Atlantic Union Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlantic Union'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 Atlantic Union Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlantic Union Bankshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic Union Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
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 Atlantic Union's price analysis, check to measure Atlantic Union'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 Atlantic Union is operating at the current time. Most of Atlantic Union's value examination focuses on studying past and present price action to predict the probability of Atlantic Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantic Union's price. Additionally, you may evaluate how the addition of Atlantic Union to your portfolios can decrease your overall portfolio volatility.
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Is Atlantic Union'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 Atlantic Union. If investors know Atlantic 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 Atlantic Union 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
1.22
Earnings Share
2.53
Revenue Per Share
8.942
Quarterly Revenue Growth
(0.04)
The market value of Atlantic Union Bankshares is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic Union's value that differs from its market value or its book value, called intrinsic value, which is Atlantic Union'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 Atlantic Union's market value can be influenced by many factors that don't directly affect Atlantic Union'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 Atlantic Union's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic Union is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic Union'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.