Atkore Historical Balance Sheet

ATKR -  USA Stock  

USD 71.25  0.66  0.92%

Trend analysis of Atkore Inc balance sheet accounts such as Receivables of 241.6 M, Accounts Payable of 123.8 M or Total Assets of 1.7 B provides information on Atkore's total assets, liabilities, and equity, which is the actual value of Atkore Inc to its prevalent stockholders. By breaking down trends over time using Atkore balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Atkore Inc prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atkore Inc is a good buy for the upcoming year.
Please continue to Trending Equities.

Search Historical Statements 

 
Refresh
Share

About Atkore Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Atkore Inc at a specified time, usually calculated after every quarter, six months, or one year. Atkore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Atkore and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Atkore currently owns. An asset can also be divided into two categories, current and non-current.

Atkore Balance Sheet Chart

Atkore Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Atkore Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
Atkore Inventories is relatively stable at the moment as compared to the past year. Atkore reported last year Inventories of 228.96 Million. As of 07/28/2021, Cash and Equivalents is likely to grow to about 353 M, while Accounts Payable is likely to drop slightly above 123.8 M.

Total Assets

Total assets refers to the total amount of Atkore assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Atkore Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; [Investments]; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Atkore Inc include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Atkore. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Atkore Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Atkore books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Atkore balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Atkore Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Atkore Inventories is relatively stable at the moment as compared to the past year. Atkore reported last year Inventories of 228.96 Million. As of 07/28/2021, Cash and Equivalents is likely to grow to about 353 M, while Accounts Payable is likely to drop slightly above 123.8 M.
 2018 2019 2020 2021 (projected)
Receivables315.35 M298.24 M268.42 M241.64 M
Inventories226.09 M199.09 M228.96 M240.25 M

Atkore balance sheet Correlations

0.730.760.870.820.890.620.860.820.860.60.951.00.850.920.820.980.690.88-0.57-0.62
0.730.860.680.670.630.390.730.790.740.370.60.740.730.770.710.740.590.8-0.64-0.31
0.760.860.550.560.470.290.680.920.680.250.60.780.620.680.60.760.290.6-0.71-0.65
0.870.680.550.990.940.890.90.670.90.80.830.870.920.960.90.920.930.95-0.54-0.51
0.820.670.560.990.870.920.90.680.90.770.750.820.920.940.90.90.90.91-0.61-0.58
0.890.630.470.940.870.730.810.590.810.770.930.890.850.910.820.880.90.94-0.35-0.34
0.620.390.290.890.920.730.770.470.770.740.560.610.790.790.790.730.850.74-0.5-0.53
0.860.730.680.90.90.810.770.861.00.460.720.860.990.970.990.940.810.92-0.83-0.64
0.820.790.920.670.680.590.470.860.850.240.660.830.810.810.80.870.460.72-0.85-0.73
0.860.740.680.90.90.810.771.00.850.460.720.861.00.980.990.940.820.93-0.83-0.63
0.60.370.250.80.770.770.740.460.240.460.710.60.490.610.450.60.720.630.0-0.27
0.950.60.60.830.750.930.560.720.660.720.710.940.730.830.690.890.690.82-0.3-0.45
1.00.740.780.870.820.890.610.860.830.860.60.940.850.920.820.980.680.88-0.57-0.63
0.850.730.620.920.920.850.790.990.811.00.490.730.850.981.00.930.870.95-0.78-0.57
0.920.770.680.960.940.910.790.970.810.980.610.830.920.980.970.970.870.97-0.7-0.57
0.820.710.60.90.90.820.790.990.80.990.450.690.821.00.970.910.860.93-0.8-0.56
0.980.740.760.920.90.880.730.940.870.940.60.890.980.930.970.910.750.91-0.69-0.7
0.690.590.290.930.90.90.850.810.460.820.720.690.680.870.870.860.750.92-0.41-0.21
0.880.80.60.950.910.940.740.920.720.930.630.820.880.950.970.930.910.92-0.59-0.37
-0.57-0.64-0.71-0.54-0.61-0.35-0.5-0.83-0.85-0.830.0-0.3-0.57-0.78-0.7-0.8-0.69-0.41-0.590.72
-0.62-0.31-0.65-0.51-0.58-0.34-0.53-0.64-0.73-0.63-0.27-0.45-0.63-0.57-0.57-0.56-0.7-0.21-0.370.72
Click cells to compare fundamentals

Atkore Account Relationship Matchups

Atkore balance sheet Accounts

201620172018201920202021 (projected)
Inventories200 M221.75 M226.09 M199.09 M228.96 M240.25 M
Receivables224.43 M265.15 M315.35 M298.24 M268.42 M241.64 M
Accounts Payable125.62 M156.53 M150.68 M142.6 M128.34 M123.83 M
Accumulated Other Comprehensive Income(17.98 M)(16.44 M)(41.7 M)(42.55 M)(38.3 M)(41.32 M)
Total Assets1.22 B1.32 B1.44 B1.56 B1.79 B1.69 B
Current Assets505.76 M647.14 M699.54 M828.68 M952.98 M853.53 M
Assets Non Current709.33 M676.92 M737.46 M729.85 M839.33 M834.02 M
Cash and Equivalents45.72 M126.66 M123.42 M284.47 M327.14 M352.97 M
Cash and Equivalents USD45.72 M126.66 M123.42 M284.47 M327.14 M352.97 M
Total Debt576.08 M904.25 M845.32 M843.66 M970.21 M936.14 M
Debt Current1.27 M4.21 M26.56 M15.79 M14.21 M14.04 M
Debt Non Current571.86 M877.69 M845.32 M827.88 M952.06 M918.85 M
Total Debt USD576.08 M904.25 M845.32 M843.66 M970.21 M936.14 M
Shareholders Equity360.87 M122.06 M232.94 M378.41 M435.17 M368.34 M
Shareholders Equity USD360.87 M122.06 M232.94 M378.41 M435.17 M368.34 M
Goodwill and Intangible Assets492 M462.05 M471.92 M443.59 M510.13 M519.57 M
Inventory200 M221.75 M226.09 M199.09 M228.96 M236 M
Total Liabilities854.22 M1.2 B1.2 B1.18 B1.36 B1.32 B
Current Liabilities211.84 M272.75 M287.53 M276.17 M317.6 M310.85 M
Liabilities Non Current642.38 M929.25 M916.52 M903.95 M1.04 B1.01 B
Trade and Non Trade Payables125.62 M156.53 M150.68 M142.6 M163.99 M165.22 M
Property Plant and Equipment Net208.62 M213.11 M260.7 M282.58 M324.97 M307.11 M
Trade and Non Trade Receivables231.48 M266.75 M315.35 M298.24 M342.98 M327.69 M
Accumulated Retained Earnings Deficit(42.43 M)(317.37 M)(200.4 M)(64.15 M)(73.78 M)(79.6 M)
Tax Assets1.66 M162 K577 K687 K618.3 K769.03 K
Tax Liabilities26.82 M18.5 M25.81 M25.5 M22.95 M23.33 M

Atkore Investors Sentiment

The influence of Atkore's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Atkore. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - ATKR

Atkore Inc Investor Sentiment

Most of Macroaxis users are presently bullish on Atkore Inc. What is your sentiment towards investing in Atkore Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Pair Trading with Atkore

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

Atkore Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Atkore and Barnes Group. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to Trending Equities. Note that the Atkore Inc information on this page should be used as a complementary analysis to other Atkore's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Atkore Stock analysis

When running Atkore Inc price analysis, check to measure Atkore'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 Atkore is operating at the current time. Most of Atkore's value examination focuses on studying past and present price action to predict the probability of Atkore's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atkore's price. Additionally, you may evaluate how the addition of Atkore to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
The market value of Atkore Inc is measured differently than its book value, which is the value of Atkore that is recorded on the company's balance sheet. Investors also form their own opinion of Atkore's value that differs from its market value or its book value, called intrinsic value, which is Atkore'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 Atkore's market value can be influenced by many factors that don't directly affect Atkore Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atkore's value and its price as these two are different measures arrived at by different means. Investors typically determine Atkore value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atkore'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.