Atlanticus Property Plant Equipment vs Net Receivables Analysis

ATLC Stock  USD 24.16  0.22  0.92%   
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 Property Plant Equipment and its Net Receivables 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.

Property Plant Equipment vs Net Receivables

Property Plant Equipment vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlanticus Holdings Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Atlanticus Holdings' Property Plant Equipment and Net Receivables is 0.34. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables 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' Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Atlanticus Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Atlanticus Holdings' Property Plant Equipment and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Net Receivables

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 Expense54.1M81.9M109.3M114.8M
Depreciation And Amortization2.5M4.8M2.6M2.4M

Atlanticus Holdings fundamental ratios Correlations

0.910.360.990.880.97-0.290.29-0.140.970.90.17-0.221.00.540.840.5-0.41-0.910.471.0-0.130.340.460.990.82
0.910.340.880.890.94-0.240.25-0.150.940.880.28-0.380.90.580.780.38-0.34-0.880.430.9-0.290.30.370.90.74
0.360.340.370.270.320.32-0.32-0.190.320.31-0.260.070.360.920.370.30.19-0.210.240.37-0.35-0.050.170.330.37
0.990.880.370.850.94-0.320.32-0.160.940.90.12-0.21.00.530.850.51-0.44-0.890.441.0-0.080.320.50.990.83
0.880.890.270.850.86-0.20.2-0.260.860.730.54-0.610.850.430.810.65-0.3-0.710.710.86-0.310.050.090.860.89
0.970.940.320.940.86-0.220.22-0.051.00.920.2-0.180.970.560.770.36-0.34-0.940.430.96-0.210.440.40.950.72
-0.29-0.240.32-0.32-0.2-0.22-1.00.06-0.22-0.4-0.010.02-0.30.19-0.28-0.020.90.46-0.04-0.3-0.28-0.25-0.52-0.39-0.2
0.290.25-0.320.320.20.22-1.0-0.070.220.410.0-0.020.3-0.190.280.01-0.9-0.460.030.30.280.250.520.390.2
-0.14-0.15-0.19-0.16-0.26-0.050.06-0.07-0.05-0.130.010.36-0.14-0.05-0.65-0.410.02-0.02-0.15-0.14-0.110.710.05-0.14-0.56
0.970.940.320.940.861.0-0.220.22-0.050.920.2-0.180.970.560.770.36-0.34-0.940.430.96-0.210.440.40.950.72
0.90.880.310.90.730.92-0.40.41-0.130.920.12-0.120.920.530.770.13-0.52-0.960.340.91-0.210.510.530.920.62
0.170.28-0.260.120.540.2-0.010.00.010.20.12-0.810.13-0.190.120.2-0.02-0.070.730.14-0.5-0.04-0.490.150.27
-0.22-0.380.07-0.2-0.61-0.180.02-0.020.36-0.18-0.12-0.81-0.180.06-0.37-0.450.090.04-0.59-0.20.330.380.42-0.21-0.51
1.00.90.361.00.850.97-0.30.3-0.140.970.920.13-0.180.540.840.46-0.42-0.920.431.0-0.10.360.490.990.8
0.540.580.920.530.430.560.19-0.19-0.050.560.53-0.190.060.540.440.210.05-0.480.230.54-0.370.20.290.510.4
0.840.780.370.850.810.77-0.280.28-0.650.770.770.12-0.370.840.440.61-0.34-0.690.440.84-0.03-0.130.330.840.93
0.50.380.30.510.650.36-0.020.01-0.410.360.130.2-0.450.460.210.61-0.03-0.140.50.490.04-0.52-0.020.470.83
-0.41-0.340.19-0.44-0.3-0.340.9-0.90.02-0.34-0.52-0.020.09-0.420.05-0.34-0.030.56-0.07-0.43-0.26-0.36-0.43-0.51-0.26
-0.91-0.88-0.21-0.89-0.71-0.940.46-0.46-0.02-0.94-0.96-0.070.04-0.92-0.48-0.69-0.140.56-0.27-0.910.08-0.6-0.57-0.93-0.57
0.470.430.240.440.710.43-0.040.03-0.150.430.340.73-0.590.430.230.440.5-0.07-0.270.44-0.53-0.09-0.250.450.58
1.00.90.371.00.860.96-0.30.3-0.140.960.910.14-0.21.00.540.840.49-0.43-0.910.44-0.110.350.480.990.81
-0.13-0.29-0.35-0.08-0.31-0.21-0.280.28-0.11-0.21-0.21-0.50.33-0.1-0.37-0.030.04-0.260.08-0.53-0.11-0.090.24-0.1-0.08
0.340.3-0.050.320.050.44-0.250.250.710.440.51-0.040.380.360.2-0.13-0.52-0.36-0.6-0.090.35-0.090.420.37-0.25
0.460.370.170.50.090.4-0.520.520.050.40.53-0.490.420.490.290.33-0.02-0.43-0.57-0.250.480.240.420.50.19
0.990.90.330.990.860.95-0.390.39-0.140.950.920.15-0.210.990.510.840.47-0.51-0.930.450.99-0.10.370.50.8
0.820.740.370.830.890.72-0.20.2-0.560.720.620.27-0.510.80.40.930.83-0.26-0.570.580.81-0.08-0.250.190.8
Click cells to compare fundamentals

Atlanticus Holdings Account Relationship Matchups

Atlanticus Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets936.3M1.2B1.9B2.4B2.7B2.8B
Total Stockholder Equity40.9M117.3M328.0M366.4M434.7M230.1M
Property Plant And Equipment Net16.8M11.4M11.4M21.8M22.8M18.9M
Net Debt664.0M745.6M1.0B1.4B1.6B1.7B
Retained Earnings(211.8M)(117.7M)60.2M204.4M307.3M322.6M
Cash135.5M178.1M409.7M385.0M383.7M402.8M
Non Current Assets Total18.8M12.8M11.4M11.8M11.3M10.7M
Non Currrent Assets Other(18.8M)(12.8M)(11.4M)(10.0M)(11.4M)(12.0M)
Other Assets782.0M1.0B1.5B(1.7B)39.3M37.3M
Cash And Short Term Investments135.5M178.1M409.7M385.0M383.7M402.8M
Net Receivables1.5B1.9B2.8B3.7B2.3B2.4B
Common Stock Shares Outstanding15.3M20.1M20.9M19.4M18.9M25.1M
Liabilities And Stockholders Equity936.3M1.2B1.9B2.4B2.7B2.8B
Other Stockholder Equity212.7M195.0M227.8M122.0M87.4M155.7M
Total Liab895.9M1.1B1.6B2.0B2.2B2.3B
Property Plant And Equipment Gross16.8M11.4M27.4M26.4M29.7M19.8M
Total Current Assets135.5M178.1M409.7M4.1B2.7B2.8B
Other Current Liab(685.1M)(859.8M)(1.3B)60.7M1.8B1.9B
Other Current Assets(176.4M)(259.0M)(506.6M)(433.2M)(383.7M)(364.5M)
Property Plant Equipment2.7M11.4M7.3M10.0M9.0M17.6M
Short Long Term Debt Total799.5M923.7M1.4B1.8B2.0B2.1B
Accounts Payable41.6M41.7M42.3M44.3M61.6M52.1M
Non Current Liabilities Total799.5M923.7M1.4B160.6M223.9M371.7M
Long Term Debt773.3M909.9M1.4B1.8B2.0B2.1B
Total Current Liabilities41.6M41.7M42.3M1.8B1.9B2.0B
Current Deferred Revenue(90.3M)(39.5M)(29.3M)(16.2M)(17.9M)(17.0M)
Short Term Debt775.4M899.3M1.3B1.7B64.7M61.5M
Net Tangible Assets90.0M77.3M427.6M466.4M536.3M563.1M
Noncontrolling Interest In Consolidated Entity(571K)(774K)(500K)(1.4M)(1.2M)(1.2M)
Retained Earnings Total Equity(211.8M)(117.7M)60.2M204.4M235.1M246.8M
Long Term Debt Total773.3M907.0M1.4B1.8B2.1B2.2B
Capital Surpluse212.7M195.0M227.8M122.0M109.8M168.8M
Inventory(1.4B)(1.6B)(2.3B)433.2M383.7M402.8M
Long Term Investments727.9M1.4M1.4B1.9B2.2B2.3B
Non Current Liabilities Other26.2M16.7M4.8M20.1M18.1M17.2M

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When determining whether Atlanticus Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlanticus Holdings' 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 Atlanticus Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlanticus Holdings Stock:
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.
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When running Atlanticus Holdings' price analysis, check to measure Atlanticus Holdings' 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 Atlanticus Holdings is operating at the current time. Most of Atlanticus Holdings' value examination focuses on studying past and present price action to predict the probability of Atlanticus Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlanticus Holdings' price. Additionally, you may evaluate how the addition of Atlanticus Holdings to your portfolios can decrease your overall portfolio volatility.
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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.