ATT Gross Margin vs Asset Turnover Analysis

T -- USA Stock  

Earnings Call  Tomorrow

ATT financial indicator trend analysis is way more than just evaluating ATT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATT is a good investment. Please check the relationship between ATT Gross Margin and its Asset Turnover accounts. Also please take a look at World Market Map.

Gross Margin vs Asset Turnover

Accounts Relationship

Gross Margin vs Asset Turnover

Significance: Strong Relationship

Gross Margin diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of ATT Gross Margin account and Asset Turnover

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Margin

Gross Margin measures the ratio between a company's Gross Profit and [Revenue].

Asset Turnover

Asset turnover is a measure of a firms operating efficiency; calculated by dividing [Revenue] by [AssetsAVG]. Often a component of DuPont ROE analysis.
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