Alliant Accounts Payable vs Other Stockholder Equity Analysis

LNT Stock  USD 51.49  1.33  2.65%   
Alliant Energy financial indicator trend analysis is way more than just evaluating Alliant Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliant Energy Corp is a good investment. Please check the relationship between Alliant Energy Accounts Payable and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alliant Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliant Energy Corp Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alliant Energy's Accounts Payable and Other Stockholder Equity is 0.54. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Alliant Energy Corp, assuming nothing else is changed. The correlation between historical values of Alliant Energy's Accounts Payable and Other Stockholder Equity 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 Alliant Energy Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Alliant Energy's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Alliant Energy 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 Alliant Energy Corp 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.

Other Stockholder Equity

Most indicators from Alliant Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alliant Energy Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alliant Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Discontinued Operations is likely to gain to about 1.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 538.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.7B1.1B1.4B
Total Revenue3.7B4.2B4.0B2.6B

Alliant Energy fundamental ratios Correlations

0.650.530.630.670.820.63-0.760.530.620.750.150.640.770.150.490.490.650.850.60.370.640.490.830.350.52
0.650.980.280.760.831.0-0.50.981.00.730.661.00.910.660.330.930.990.770.240.911.00.960.760.790.93
0.530.980.150.740.80.99-0.381.00.990.690.690.990.850.690.260.950.970.710.140.960.980.980.690.820.94
0.630.280.150.370.360.27-0.360.150.250.20.060.270.440.06-0.060.150.250.330.650.050.260.10.370.030.17
0.670.760.740.370.870.78-0.360.750.760.830.270.760.660.270.120.770.70.780.260.650.750.730.640.770.81
0.820.830.80.360.870.84-0.470.80.830.820.330.830.780.330.290.750.810.870.330.730.820.770.750.610.79
0.631.00.990.270.780.84-0.470.991.00.730.641.00.890.640.280.940.990.760.220.920.990.960.730.80.94
-0.76-0.5-0.38-0.36-0.36-0.47-0.47-0.38-0.46-0.56-0.11-0.48-0.6-0.11-0.57-0.36-0.53-0.61-0.59-0.17-0.51-0.35-0.72-0.4-0.37
0.530.981.00.150.750.80.99-0.380.990.690.680.990.850.680.260.950.970.710.140.960.980.980.690.820.95
0.621.00.990.250.760.831.0-0.460.990.730.661.00.890.660.290.940.990.760.220.931.00.970.740.80.94
0.750.730.690.20.830.820.73-0.560.690.730.190.730.720.190.390.680.720.90.350.540.740.690.790.580.72
0.150.660.690.060.270.330.64-0.110.680.660.190.660.621.00.160.570.670.3-0.050.680.660.660.430.50.54
0.641.00.990.270.760.831.0-0.480.991.00.730.660.90.660.310.940.990.760.220.921.00.960.750.790.93
0.770.910.850.440.660.780.89-0.60.850.890.720.620.90.620.460.830.920.790.420.740.910.820.850.590.83
0.150.660.690.060.270.330.64-0.110.680.660.191.00.660.620.160.570.670.3-0.050.680.660.660.430.50.54
0.490.330.26-0.060.120.290.28-0.570.260.290.390.160.310.460.160.220.380.610.340.20.350.30.710.190.22
0.490.930.950.150.770.750.94-0.360.950.940.680.570.940.830.570.220.910.660.070.90.930.940.610.841.0
0.650.990.970.250.70.810.99-0.530.970.990.720.670.990.920.670.380.910.780.250.91.00.950.780.750.91
0.850.770.710.330.780.870.76-0.610.710.760.90.30.760.790.30.610.660.780.470.60.780.720.930.540.69
0.60.240.140.650.260.330.22-0.590.140.220.35-0.050.220.42-0.050.340.070.250.470.050.240.170.620.070.09
0.370.910.960.050.650.730.92-0.170.960.930.540.680.920.740.680.20.90.90.60.050.90.950.560.750.88
0.641.00.980.260.750.820.99-0.510.981.00.740.661.00.910.660.350.931.00.780.240.90.960.770.790.93
0.490.960.980.10.730.770.96-0.350.980.970.690.660.960.820.660.30.940.950.720.170.950.960.710.820.93
0.830.760.690.370.640.750.73-0.720.690.740.790.430.750.850.430.710.610.780.930.620.560.770.710.530.63
0.350.790.820.030.770.610.8-0.40.820.80.580.50.790.590.50.190.840.750.540.070.750.790.820.530.84
0.520.930.940.170.810.790.94-0.370.950.940.720.540.930.830.540.221.00.910.690.090.880.930.930.630.84
Click cells to compare fundamentals

Alliant Energy Account Relationship Matchups

Alliant Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding238.5M248.7M250.7M251.2M253.3M179.6M
Total Assets16.7B17.7B18.6B20.2B22.0B23.1B
Short Long Term Debt Total6.5B7.2B7.9B8.7B9.7B10.2B
Other Current Liab1.1B900M906M557M407M559.7M
Total Current Liabilities2.1B1.3B2.1B2.4B2.3B1.3B
Total Stockholder Equity5.2B5.7B6.0B6.3B6.8B3.4B
Property Plant And Equipment Net13.5B14.3B15.0B16.2B17.2B18.0B
Net Debt6.5B7.1B7.8B8.7B9.6B10.1B
Retained Earnings2.8B3.0B3.3B3.5B3.8B3.9B
Accounts Payable422.3M377M436M756M611M373.9M
Cash16.3M54M39M20M62M86.8M
Non Current Assets Total15.8B16.8B17.5B18.9B20.7B21.8B
Non Currrent Assets Other1.8B2.0B2.0B2.1B2.2B2.3B
Cash And Short Term Investments16.3M54M39M20M62M86.8M
Net Receivables214.4M224M226M331M475M319.1M
Common Stock Total Equity2.4M2.5M2M3M3.5M3.6M
Liabilities And Stockholders Equity16.7B17.7B18.6B20.2B22.0B23.1B
Non Current Liabilities Total9.2B10.5B10.5B11.5B12.9B13.6B
Inventory227.3M217M246M325M343M206.7M
Other Current Assets859.2M833M1.0B1.2B392M626.0M
Other Stockholder Equity2.2B2.5B2.5B2.8B3.0B3.2B
Total Liab11.3B11.8B12.6B13.9B15.2B16.0B
Property Plant And Equipment Gross13.5B14.3B20.6B22.3B23.4B24.6B
Total Current Assets875.5M887M1.1B1.3B1.3B1.0B
Accumulated Other Comprehensive Income1.3M(1M)200M(13M)1M1.1M
Short Term Debt994.6M397M1.1B1.1B1.3B1.4B
Common Stock2.4M2.5M2M3M3.5M3.3M
Other Liab3.7B3.8B3.8B3.7B4.3B2.2B
Other Assets1.8B2.5M3.0B3.3B3.8B4.0B
Long Term Debt5.5B6.8B6.7B7.7B8.2B8.6B
Property Plant Equipment13.5B14.3B15.0B16.2B18.7B19.6B
Retained Earnings Total Equity2.8B3.0B3.3B3.5B4.0B2.1B
Deferred Long Term Liab1.8B2.0B1.9B2.0B2.3B1.6B
Net Tangible Assets5.2B5.7B6.0B6.3B7.2B5.1B

Pair Trading with Alliant Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alliant Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alliant Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alliant Stock

  0.91D Dominion EnergyPairCorr
  0.96ED Consolidated EdisonPairCorr
  0.79ES Eversource EnergyPairCorr
  0.94FE FirstEnergyPairCorr

Moving against Alliant Stock

  0.56EBR Centrais ElectricasPairCorr
  0.47CMS-PB Consumers EnergyPairCorr
  0.44CMS-PC CMS EnergyPairCorr
The ability to find closely correlated positions to Alliant Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alliant Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alliant Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alliant Energy Corp to buy it.
The correlation of Alliant Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alliant Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alliant Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alliant Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alliant Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alliant Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alliant Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Alliant Energy Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alliant Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Alliant Energy's price analysis, check to measure Alliant Energy's 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 Alliant Energy is operating at the current time. Most of Alliant Energy's value examination focuses on studying past and present price action to predict the probability of Alliant Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliant Energy's price. Additionally, you may evaluate how the addition of Alliant Energy to your portfolios can decrease your overall portfolio volatility.
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Is Alliant Energy'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 Alliant Energy. If investors know Alliant 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 Alliant Energy 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
(0.05)
Dividend Share
1.838
Earnings Share
2.75
Revenue Per Share
15.658
Quarterly Revenue Growth
(0.04)
The market value of Alliant Energy Corp is measured differently than its book value, which is the value of Alliant that is recorded on the company's balance sheet. Investors also form their own opinion of Alliant Energy's value that differs from its market value or its book value, called intrinsic value, which is Alliant Energy'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 Alliant Energy's market value can be influenced by many factors that don't directly affect Alliant Energy'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 Alliant Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alliant Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alliant Energy'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.