Alliant Other Operating Expenses vs Net Income From Continuing Ops Analysis

LNT Stock  USD 51.97  0.02  0.04%   
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 Other Operating Expenses and its Net Income From Continuing Ops 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.

Other Operating Expenses vs Net Income From Continuing Ops

Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliant Energy Corp Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak relationship.
The correlation between Alliant Energy's Other Operating Expenses and Net Income From Continuing Ops is 0.39. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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 Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Alliant Energy Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Alliant Energy's Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alliant Energy Corp. It is also known as Alliant Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income From Continuing Ops

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

  0.89D Dominion EnergyPairCorr
  0.96ED Consolidated EdisonPairCorr
  0.88ES Eversource EnergyPairCorr
  0.93FE FirstEnergyPairCorr

Moving against Alliant Stock

  0.58EBR Centrais ElectricasPairCorr
  0.45CMS-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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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.