ATIF Cash And Short Term Investments vs Intangible Assets Analysis
ZBAI Stock | 0.92 0.03 3.37% |
ATIF Holdings financial indicator trend analysis is way more than just evaluating ATIF Holdings Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATIF Holdings Limited is a good investment. Please check the relationship between ATIF Holdings Cash And Short Term Investments and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ATIF Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash And Short Term Investments vs Intangible Assets
Cash And Short Term Investments vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATIF Holdings Limited Cash And Short Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ATIF Holdings' Cash And Short Term Investments and Intangible Assets is -0.27. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of ATIF Holdings Limited, assuming nothing else is changed. The correlation between historical values of ATIF Holdings' Cash And Short Term Investments and Intangible 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 Cash And Short Term Investments of ATIF Holdings Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash And Short Term Investments i.e., ATIF Holdings' Cash And Short Term Investments and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of ATIF Holdings Limited balance sheet. This account contains ATIF Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ATIF Holdings Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from ATIF Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATIF Holdings Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ATIF Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The ATIF Holdings' current Sales General And Administrative To Revenue is estimated to increase to 3.45, while Selling General Administrative is projected to decrease to under 2.1 M.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 2.5M | 234.6K | 211.2K | 200.6K | Total Revenue | 2.5M | 620K | 558K | 530.1K |
ATIF Holdings fundamental ratios Correlations
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ATIF Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATIF Holdings fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 11.4M | 8.1M | 3.8M | 3.0M | 2.7M | 2.6M | |
Other Current Liab | 514.9K | 131.0K | 730.0K | 957.1K | 1.1M | 1.2M | |
Total Current Liabilities | 1.3M | 2.8M | 1.5M | 988.4K | 889.6K | 845.1K | |
Total Stockholder Equity | 9.6M | 4.7M | 1.5M | 1.8M | 1.6M | 1.5M | |
Property Plant And Equipment Net | 1.3M | 1.7M | 1.2M | 113.8K | 130.9K | 124.4K | |
Current Deferred Revenue | 512.2K | 370.9K | 90.8K | 70K | 63K | 59.9K | |
Net Debt | (4.8M) | (331.8K) | 498.9K | (1.2M) | (1.4M) | (1.5M) | |
Retained Earnings | (22.1M) | (24.8M) | (27.7M) | (30.9M) | (27.8M) | (26.4M) | |
Cash | 5.6M | 1.8M | 606.0K | 1.2M | 1.4M | 2.2M | |
Non Current Assets Total | 1.6M | 2.1M | 1.2M | 113.8K | 102.5K | 97.3K | |
Cash And Short Term Investments | 6.6M | 1.8M | 736.7K | 1.7M | 1.9M | 2.8M | |
Net Receivables | 2.3M | 3.4M | 1.3M | 1.1M | 1.3M | 1.9M | |
Common Stock Shares Outstanding | 9.5M | 9.5M | 9.6M | 10.2M | 11.8M | 9.3M | |
Liabilities And Stockholders Equity | 11.4M | 8.1M | 3.8M | 3.0M | 2.7M | 2.6M | |
Other Current Assets | 923.0K | 792.2K | 515.6K | 125.2K | 112.7K | 107.1K | |
Other Stockholder Equity | 31.4M | 29.3M | 29.2M | 32.6M | 37.5M | 22.5M | |
Total Liab | 1.7M | 3.8M | 2.2M | 1.3M | 1.1M | 1.1M | |
Total Current Assets | 9.8M | 6.0M | 2.5M | 2.9M | 2.6M | 4.2M | |
Accumulated Other Comprehensive Income | 280.2K | 292.1K | 180.7K | 181.5K | 208.7K | 233.6K | |
Common Stock | 9.4K | 9.2K | 9.6K | 11.9K | 10.7K | 15.7K | |
Intangible Assets | 330.4K | 233.3K | 153.3K | 73.3K | 66.0K | 62.7K | |
Short Long Term Debt Total | 769.6K | 1.4M | 1.1M | 31.8K | 28.6K | 27.2K | |
Short Term Investments | 1.0M | 33.3K | 130.6K | 424.1K | 381.7K | 611.9K | |
Non Current Liabilities Total | 387.3K | 985.2K | 689.5K | 270.4K | 243.4K | 231.2K | |
Short Term Debt | 382.3K | 433.1K | 415.4K | 11.4K | 10.2K | 9.7K |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ATIF Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Business Services space 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 ATIF Holdings. If investors know ATIF 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 ATIF Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ATIF Holdings Limited is measured differently than its book value, which is the value of ATIF that is recorded on the company's balance sheet. Investors also form their own opinion of ATIF Holdings' value that differs from its market value or its book value, called intrinsic value, which is ATIF Holdings' 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 ATIF Holdings' market value can be influenced by many factors that don't directly affect ATIF Holdings' 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 ATIF Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ATIF Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATIF Holdings' 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.