Atlanticus Long Term Investments vs Net Debt Analysis
ATLC Stock | USD 24.98 0.08 0.32% |
Atlanticus Holdings financial indicator trend analysis is way more than just evaluating Atlanticus Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlanticus Holdings is a good investment. Please check the relationship between Atlanticus Holdings Long Term Investments and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlanticus Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Atlanticus Stock refer to our How to Trade Atlanticus Stock guide.
Long Term Investments vs Net Debt
Long Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlanticus Holdings Long Term Investments account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atlanticus Holdings' Long Term Investments and Net Debt is 0.93. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Atlanticus Holdings, assuming nothing else is changed. The correlation between historical values of Atlanticus Holdings' Long Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Atlanticus Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Investments i.e., Atlanticus Holdings' Long Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Atlanticus Holdings balance sheet that represents investments Atlanticus Holdings intends to hold for over a year. Atlanticus Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Atlanticus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlanticus Holdings 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 Atlanticus Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Atlanticus Stock refer to our How to Trade Atlanticus Stock guide.At present, Atlanticus Holdings' Tax Provision is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 54.1M | 81.9M | 109.3M | 114.8M | Depreciation And Amortization | 2.5M | 4.8M | 2.6M | 2.4M |
Atlanticus Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Atlanticus Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atlanticus Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 936.3M | 1.2B | 1.9B | 2.4B | 2.7B | 2.8B | |
Total Stockholder Equity | 40.9M | 117.3M | 328.0M | 366.4M | 434.7M | 230.1M | |
Property Plant And Equipment Net | 16.8M | 11.4M | 11.4M | 21.8M | 22.8M | 18.9M | |
Net Debt | 664.0M | 745.6M | 1.0B | 1.4B | 1.6B | 1.7B | |
Retained Earnings | (211.8M) | (117.7M) | 60.2M | 204.4M | 307.3M | 322.6M | |
Cash | 135.5M | 178.1M | 409.7M | 385.0M | 383.7M | 402.8M | |
Non Current Assets Total | 18.8M | 12.8M | 11.4M | 11.8M | 11.3M | 10.7M | |
Non Currrent Assets Other | (18.8M) | (12.8M) | (11.4M) | (10.0M) | (11.4M) | (12.0M) | |
Other Assets | 782.0M | 1.0B | 1.5B | (1.7B) | 39.3M | 37.3M | |
Cash And Short Term Investments | 135.5M | 178.1M | 409.7M | 385.0M | 383.7M | 402.8M | |
Net Receivables | 1.5B | 1.9B | 2.8B | 3.7B | 2.3B | 2.4B | |
Common Stock Shares Outstanding | 15.3M | 20.1M | 20.9M | 19.4M | 18.9M | 25.1M | |
Liabilities And Stockholders Equity | 936.3M | 1.2B | 1.9B | 2.4B | 2.7B | 2.8B | |
Other Stockholder Equity | 212.7M | 195.0M | 227.8M | 122.0M | 87.4M | 155.7M | |
Total Liab | 895.9M | 1.1B | 1.6B | 2.0B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 16.8M | 11.4M | 27.4M | 26.4M | 29.7M | 19.8M | |
Total Current Assets | 135.5M | 178.1M | 409.7M | 4.1B | 2.7B | 2.8B | |
Other Current Liab | (685.1M) | (859.8M) | (1.3B) | 60.7M | 1.8B | 1.9B | |
Other Current Assets | (176.4M) | (259.0M) | (506.6M) | (433.2M) | (383.7M) | (364.5M) | |
Property Plant Equipment | 2.7M | 11.4M | 7.3M | 10.0M | 9.0M | 17.6M | |
Short Long Term Debt Total | 799.5M | 923.7M | 1.4B | 1.8B | 2.0B | 2.1B | |
Accounts Payable | 41.6M | 41.7M | 42.3M | 44.3M | 61.6M | 52.1M | |
Non Current Liabilities Total | 799.5M | 923.7M | 1.4B | 160.6M | 223.9M | 371.7M | |
Long Term Debt | 773.3M | 909.9M | 1.4B | 1.8B | 2.0B | 2.1B | |
Total Current Liabilities | 41.6M | 41.7M | 42.3M | 1.8B | 1.9B | 2.0B | |
Current Deferred Revenue | (90.3M) | (39.5M) | (29.3M) | (16.2M) | (17.9M) | (17.0M) | |
Short Term Debt | 775.4M | 899.3M | 1.3B | 1.7B | 64.7M | 61.5M | |
Net Tangible Assets | 90.0M | 77.3M | 427.6M | 466.4M | 536.3M | 563.1M | |
Noncontrolling Interest In Consolidated Entity | (571K) | (774K) | (500K) | (1.4M) | (1.2M) | (1.2M) | |
Retained Earnings Total Equity | (211.8M) | (117.7M) | 60.2M | 204.4M | 235.1M | 246.8M | |
Long Term Debt Total | 773.3M | 907.0M | 1.4B | 1.8B | 2.1B | 2.2B | |
Capital Surpluse | 212.7M | 195.0M | 227.8M | 122.0M | 109.8M | 168.8M | |
Inventory | (1.4B) | (1.6B) | (2.3B) | 433.2M | 383.7M | 402.8M | |
Long Term Investments | 727.9M | 1.4M | 1.4B | 1.9B | 2.2B | 2.3B | |
Non Current Liabilities Other | 26.2M | 16.7M | 4.8M | 20.1M | 18.1M | 17.2M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlanticus Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Atlanticus Stock refer to our How to Trade Atlanticus Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Atlanticus Holdings' 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 Atlanticus Holdings. If investors know Atlanticus 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 Atlanticus Holdings 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 0.009 | Earnings Share 4.25 | Revenue Per Share 24.802 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0395 |
The market value of Atlanticus Holdings is measured differently than its book value, which is the value of Atlanticus that is recorded on the company's balance sheet. Investors also form their own opinion of Atlanticus Holdings' value that differs from its market value or its book value, called intrinsic value, which is Atlanticus 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 Atlanticus Holdings' market value can be influenced by many factors that don't directly affect Atlanticus 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 Atlanticus Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlanticus Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlanticus 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.