Atara Accounts Payable vs Total Current Liabilities Analysis
ATRA Stock | USD 12.15 1.18 8.85% |
Atara Biotherapeutics financial indicator trend analysis is way more than just evaluating Atara Biotherapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atara Biotherapeutics is a good investment. Please check the relationship between Atara Biotherapeutics Accounts Payable and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atara Biotherapeutics Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Atara Biotherapeutics' Accounts Payable and Total Current Liabilities is 0.49. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Atara Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Atara Biotherapeutics' Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Atara Biotherapeutics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Atara Biotherapeutics' Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Atara Biotherapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Atara Biotherapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Liabilities
Total Current Liabilities is an item on Atara Biotherapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Atara Biotherapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Atara Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atara Biotherapeutics 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 Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 6.24, whereas Selling General Administrative is forecasted to decline to about 47.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 367K | 2.0M | 944K | 896.8K | Interest Income | 367K | 2.0M | 4.8M | 3.2M |
Atara Biotherapeutics fundamental ratios Correlations
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Atara Biotherapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atara Biotherapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 342.9M | 588.1M | 468.1M | 376.4M | 165.5M | 302.7M | |
Other Current Liab | 5.7M | 40.3M | 44.9M | 50.4M | 48.5M | 51.0M | |
Total Current Liabilities | 36.7M | 82.9M | 105.8M | 78.9M | 142.2M | 149.3M | |
Total Stockholder Equity | 290.8M | 462.3M | 279.6M | 126.6M | (99.2M) | (94.3M) | |
Other Liab | 1.0M | 29.7M | 57.2M | 109.2M | 125.5M | 131.8M | |
Property Plant And Equipment Net | 68.2M | 62.8M | 79.9M | 74.3M | 58.8M | 42.2M | |
Net Debt | (60.2M) | (187.4M) | (80.6M) | (21.2M) | 32.0M | 33.6M | |
Retained Earnings | (818.0M) | (1.1B) | (1.5B) | (1.7B) | (2.0B) | (1.9B) | |
Accounts Payable | 8.0M | 7.1M | 17.4M | 6.9M | 3.7M | 6.1M | |
Cash | 74.3M | 200.4M | 106.1M | 92.9M | 25.8M | 24.5M | |
Non Current Assets Total | 70.0M | 64.8M | 83.5M | 81.3M | 63.6M | 44.3M | |
Non Currrent Assets Other | 567K | 827K | 2.4M | 7.0M | 4.8M | 5.1M | |
Other Assets | 1.8M | 14.3M | 3.6M | 7.0M | 1.0 | 0.95 | |
Cash And Short Term Investments | 259.1M | 500.7M | 371.1M | 242.8M | 51.7M | 49.1M | |
Common Stock Total Equity | 6K | 8K | 9K | 10K | 11.5K | 12.1K | |
Common Stock Shares Outstanding | 51.3M | 3.0M | 3.7M | 4.1M | 4.2M | 4.0M | |
Liabilities And Stockholders Equity | 342.9M | 588.1M | 468.1M | 376.4M | 165.5M | 302.7M | |
Non Current Liabilities Total | 15.4M | 42.9M | 82.7M | 170.9M | 122.5M | 128.6M | |
Other Current Assets | 13.9M | 21.4M | 12.6M | 10.5M | 6.3M | 8.6M | |
Other Stockholder Equity | 1.1B | 1.6B | 1.7B | 1.8B | 1.9B | 952.6M | |
Total Liab | 52.2M | 125.8M | 188.5M | 249.8M | 264.7M | 278.0M | |
Property Plant And Equipment Gross | 68.2M | 62.8M | 79.9M | 74.3M | 74.7M | 43.7M | |
Total Current Assets | 273.0M | 523.3M | 384.6M | 295.1M | 101.9M | 96.8M | |
Accumulated Other Comprehensive Income | 220K | 296K | (368K) | (2.1M) | (204K) | (214.2K) | |
Common Stock | 6K | 8K | 9K | 10K | 11K | 5.7K | |
Property Plant Equipment | 54.2M | 50.5M | 79.9M | 6.3M | 7.2M | 6.9M | |
Net Tangible Assets | 290.8M | 462.3M | 279.6M | 126.6M | 145.6M | 287.0M | |
Retained Earnings Total Equity | (818.0M) | (1.1B) | (1.5B) | (1.7B) | (1.5B) | (1.4B) | |
Short Term Investments | 184.8M | 300.3M | 265.0M | 149.9M | 25.9M | 24.6M | |
Capital Surpluse | 1.1B | 1.6B | 1.7B | 1.8B | 2.1B | 1.1B | |
Non Current Liabilities Other | 15.4M | 42.9M | 1.5M | 170.9M | 39.3M | 36.2M | |
Short Long Term Debt Total | 14.1M | 13.0M | 25.5M | 71.7M | 57.9M | 60.8M | |
Current Deferred Revenue | 21.5M | 33.5M | 40.8M | 8M | 77.8M | 81.7M | |
Net Invested Capital | 290.8M | 462.3M | 279.6M | 126.6M | (99.2M) | (94.3M) | |
Net Working Capital | 236.2M | 440.4M | 278.8M | 216.2M | (40.4M) | (38.3M) | |
Short Term Debt | 1.6M | 2.0M | 2.8M | 13.6M | 12.2M | 12.8M | |
Capital Stock | 6K | 8K | 9K | 10K | 11K | 9.0K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Atara Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atara Biotherapeutics' 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 Atara Biotherapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atara Biotherapeutics Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atara Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Atara Stock refer to our How to Trade Atara Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Biotechnology 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 Atara Biotherapeutics. If investors know Atara 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 Atara Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (25.32) | Revenue Per Share 12.263 | Quarterly Revenue Growth 28.927 | Return On Assets (0.57) | Return On Equity (20.15) |
The market value of Atara Biotherapeutics is measured differently than its book value, which is the value of Atara that is recorded on the company's balance sheet. Investors also form their own opinion of Atara Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Atara Biotherapeutics' 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 Atara Biotherapeutics' market value can be influenced by many factors that don't directly affect Atara Biotherapeutics' 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 Atara Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atara Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atara Biotherapeutics' 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.