Atlantica Change To Operating Activities vs Issuance Of Capital Stock Analysis

AY Stock  USD 22.93  0.24  1.04%   
Atlantica Sustainable financial indicator trend analysis is way more than just evaluating Atlantica Sustainable prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlantica Sustainable is a good investment. Please check the relationship between Atlantica Sustainable Change To Operating Activities and its Issuance Of Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Change To Operating Activities vs Issuance Of Capital Stock

Change To Operating Activities vs Issuance Of Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlantica Sustainable Change To Operating Activities account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Atlantica Sustainable's Change To Operating Activities and Issuance Of Capital Stock is -0.48. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Atlantica Sustainable Infrastructure, assuming nothing else is changed. The correlation between historical values of Atlantica Sustainable's Change To Operating Activities and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Atlantica Sustainable Infrastructure are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Change To Operating Activities i.e., Atlantica Sustainable's Change To Operating Activities and Issuance Of Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Operating Activities

Issuance Of Capital Stock

Most indicators from Atlantica Sustainable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlantica Sustainable 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 Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Atlantica Sustainable's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.18 in 2024, whereas Tax Provision is likely to drop slightly above 750.5 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense361.3M333.3M375.9M350.3M
Depreciation And Amortization470.3M507.2M415.4M332.9M

Atlantica Sustainable fundamental ratios Correlations

0.990.090.630.930.99-0.160.931.00.260.970.070.980.541.00.940.631.00.96-0.260.11-0.480.950.730.69-0.88
0.990.030.60.891.0-0.140.940.990.330.980.110.980.450.990.960.60.990.93-0.330.08-0.540.970.790.64-0.86
0.090.030.070.320.04-0.89-0.030.1-0.10.0-0.060.030.060.040.00.030.070.180.10.650.630.01-0.190.32-0.34
0.630.60.070.630.62-0.090.40.65-0.030.48-0.20.50.320.630.421.00.650.610.030.0-0.380.40.280.4-0.5
0.930.890.320.630.9-0.290.80.940.110.86-0.120.90.650.920.80.620.930.91-0.110.29-0.250.830.540.71-0.86
0.991.00.040.620.9-0.150.930.990.30.960.080.970.450.990.940.630.990.94-0.30.1-0.540.960.790.63-0.85
-0.16-0.14-0.89-0.09-0.29-0.15-0.1-0.16-0.22-0.11-0.09-0.10.18-0.1-0.14-0.07-0.12-0.160.22-0.49-0.4-0.12-0.05-0.170.3
0.930.94-0.030.40.80.93-0.10.910.480.990.280.960.430.940.990.410.910.83-0.48-0.07-0.520.960.730.63-0.82
1.00.990.10.650.940.99-0.160.910.230.960.040.980.560.990.920.651.00.96-0.230.13-0.470.940.710.69-0.88
0.260.33-0.1-0.030.110.3-0.220.480.230.420.440.33-0.280.290.470.00.220.04-1.0-0.41-0.240.380.340.06-0.15
0.970.980.00.480.860.96-0.110.990.960.420.160.990.480.970.980.480.960.88-0.420.02-0.50.980.750.64-0.84
0.070.11-0.06-0.2-0.120.08-0.090.280.040.440.160.13-0.210.080.32-0.180.030.02-0.44-0.52-0.280.170.220.18-0.22
0.980.980.030.50.90.97-0.10.960.980.330.990.130.560.990.970.50.980.93-0.330.06-0.470.980.730.69-0.88
0.540.450.060.320.650.450.180.430.56-0.280.48-0.210.560.560.40.290.570.620.280.070.020.420.00.64-0.55
1.00.990.040.630.920.99-0.10.940.990.290.970.080.990.560.940.631.00.95-0.290.06-0.490.950.710.69-0.88
0.940.960.00.420.80.94-0.140.990.920.470.980.320.970.40.940.430.920.85-0.47-0.05-0.530.970.770.64-0.84
0.630.60.031.00.620.63-0.070.410.650.00.48-0.180.50.290.630.430.650.60.0-0.04-0.420.410.30.38-0.48
1.00.990.070.650.930.99-0.120.911.00.220.960.030.980.571.00.920.650.97-0.220.12-0.480.940.70.69-0.88
0.960.930.180.610.910.94-0.160.830.960.040.880.020.930.620.950.850.60.97-0.040.26-0.360.90.640.74-0.91
-0.26-0.330.10.03-0.11-0.30.22-0.48-0.23-1.0-0.42-0.44-0.330.28-0.29-0.470.0-0.22-0.040.410.24-0.38-0.34-0.060.15
0.110.080.650.00.290.1-0.49-0.070.13-0.410.02-0.520.060.070.06-0.05-0.040.120.260.410.410.110.090.06-0.21
-0.48-0.540.63-0.38-0.25-0.54-0.4-0.52-0.47-0.24-0.5-0.28-0.470.02-0.49-0.53-0.42-0.48-0.360.240.41-0.52-0.740.080.16
0.950.970.010.40.830.96-0.120.960.940.380.980.170.980.420.950.970.410.940.9-0.380.11-0.520.830.6-0.83
0.730.79-0.190.280.540.79-0.050.730.710.340.750.220.730.00.710.770.30.70.64-0.340.09-0.740.830.21-0.52
0.690.640.320.40.710.63-0.170.630.690.060.640.180.690.640.690.640.380.690.74-0.060.060.080.60.21-0.9
-0.88-0.86-0.34-0.5-0.86-0.850.3-0.82-0.88-0.15-0.84-0.22-0.88-0.55-0.88-0.84-0.48-0.88-0.910.15-0.210.16-0.83-0.52-0.9
Click cells to compare fundamentals

Atlantica Sustainable Account Relationship Matchups

Atlantica Sustainable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B9.9B9.8B9.1B8.7B9.1B
Short Long Term Debt Total5.6B6.2B6.1B5.6B5.5B5.3B
Other Current Liab33.6M54.3M33.6M24.4M92.2M96.8M
Total Current Liabilities973.4M483.3M824.4M519.0M607.8M782.9M
Total Stockholder Equity1.5B1.5B1.5B1.6B1.4B1.6B
Net Debt5.0B5.4B5.4B5.0B5.0B4.7B
Accounts Payable128.1M92.6M113.9M140.2M77.3M98.3M
Cash562.8M868.5M622.7M601.0M448.3M538.4M
Non Current Assets Total8.5B8.5B8.6B8.1B7.7B8.1B
Non Currrent Assets Other8.5B8.5T8.6T585.9B7.2B6.8B
Cash And Short Term Investments781.4M1.1B830.1M796.9M637.2M719.6M
Net Receivables317.6M331.7M307.1M200.3M273.8M276.7M
Liabilities And Stockholders Equity9.7B9.9B9.8B9.1B8.7B9.1B
Non Current Liabilities Total7.0B7.7B7.2B6.8B5.7B6.4B
Other Stockholder Equity1.7B1.0B872.0M986.6M736.6M1.1B
Total Liab7.9B8.2B8.0B7.3B6.3B7.2B
Total Current Assets1.1B1.4B1.2B1.0B982.2M1.0B
Accumulated Other Comprehensive Income1.9B878.5M1.1B999.2M1.0B1.4B
Short Term Debt811.1M336.0M676.4M343.2M421.4M579.0M
Intangible Assets8.2B8.2B8.0B7.5B7.2B7.6B
Other Liab1.9B1.4B1.5B1.5B1.7B1.7B
Property Plant And Equipment Net(8.5B)(8.5T)(8.6T)(585.9B)(7.2B)(7.6B)
Current Deferred Revenue565K416K542K11.2M16.9M17.8M
Other Assets1K153.4M183.1M239.5M215.5M204.7M
Long Term Debt4.8B5.9B5.4B5.2B5.0B5.0B
Common Stock Shares Outstanding101.1M103.4M111.0M114.7M116.2M108.1M
Short Term Investments218.6M200.1M207.4M195.9M188.9M169.0M
Inventory20.3M24.0M29.7M34.5M29.9M24.0M
Other Current Assets536.1M443.2B428.7B219.4M41.4M39.3M
Net Tangible Assets(5.6B)(5.5B)(4.9B)(4.3B)(4.9B)(5.2B)
Long Term Investments139.9M116.6M391.2M260.0M230.3M186.4M
Short Long Term Debt811.1M336.0M676.4M343.2M421.4M733.7M
Retained Earnings(385.5M)(373.5M)(398.7M)(397.5M)(351.5M)(369.1M)
Common Stock10.2M10.7M11.2M11.6M11.6M11.4M
Property Plant Equipment205.6M270.9M773.9M844.4M760.0M722.0M
Non Current Liabilities Other1.6B1.2B1.3B45.4M44.5M42.3M

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When determining whether Atlantica Sustainable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlantica Sustainable's 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 Atlantica Sustainable Infrastructure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlantica Sustainable Infrastructure Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Atlantica Sustainable's 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 Atlantica Sustainable. If investors know Atlantica 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 Atlantica Sustainable 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
1.224
Dividend Share
1.78
Earnings Share
0.41
Revenue Per Share
9.543
Quarterly Revenue Growth
0.017
The market value of Atlantica Sustainable is measured differently than its book value, which is the value of Atlantica that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantica Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Atlantica Sustainable'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 Atlantica Sustainable's market value can be influenced by many factors that don't directly affect Atlantica Sustainable's 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 Atlantica Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantica Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantica Sustainable'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.