American Capital Surpluse vs Net Working Capital Analysis

AMT Stock

USD 194.94 2.92 1.52%

American Tower financial indicator trend analysis is way more than just evaluating American Tower Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Tower Corp is a good investment. Please check the relationship between American Tower Capital Surpluse and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower 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 population.

Capital Surpluse vs Net Working Capital

Capital Surpluse vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Tower Corp Capital Surpluse account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between American Tower's Capital Surpluse and Net Working Capital is -0.71. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of American Tower Corp, assuming nothing else is changed. The correlation between historical values of American Tower's Capital Surpluse and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of American Tower Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Surpluse i.e., American Tower's Capital Surpluse and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.71

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Capital Surpluse

Net Working Capital

Most indicators from American Tower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Tower 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower 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 population.

At this time, American Tower's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 90.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.7B	7.4B	4.8B	2.7B
Total Revenue	9.4B	10.7B	11.1B	11.7B

Gross Profit Total Revenue

American Tower fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		1.0	0.98	0.95	0.41	0.95	0.7	0.99	-0.72	0.71	0.96	1.0	0.63	0.96	0.97	0.99	0.63	0.55	1.0	-0.42	0.8	1.0	0.95	0.98	0.9	0.97
Short Long Term Debt Total	1.0		0.98	0.95	0.35	0.96	0.72	1.0	-0.7	0.7	0.97	1.0	0.61	0.97	0.96	0.98	0.61	0.52	1.0	-0.41	0.76	1.0	0.95	0.98	0.9	0.96
Other Current Liab	0.98	0.98		0.95	0.39	0.91	0.62	0.97	-0.75	0.66	0.98	0.98	0.68	0.98	0.98	0.96	0.62	0.53	0.98	-0.47	0.78	0.98	0.96	0.99	0.9	0.95
Total Current Liabilities	0.95	0.95	0.95		0.29	0.93	0.73	0.95	-0.63	0.7	0.94	0.95	0.57	0.94	0.94	0.95	0.53	0.45	0.94	-0.35	0.71	0.96	0.9	0.95	0.99	0.91
Total Stockholder Equity	0.41	0.35	0.39	0.29		0.42	0.33	0.35	-0.15	0.32	0.3	0.42	-0.01	0.3	0.46	0.35	0.74	0.78	0.38	0.21	0.75	0.37	0.23	0.39	0.22	0.57
Property Plant And Equipment Net	0.95	0.96	0.91	0.93	0.42		0.77	0.96	-0.53	0.7	0.93	0.95	0.4	0.93	0.93	0.92	0.61	0.56	0.95	-0.16	0.79	0.96	0.85	0.93	0.9	0.94
Current Deferred Revenue	0.7	0.72	0.62	0.73	0.33	0.77		0.72	-0.16	0.67	0.62	0.7	0.05	0.62	0.68	0.7	0.47	0.44	0.71	0.07	0.59	0.72	0.54	0.66	0.7	0.75
Net Debt	0.99	1.0	0.97	0.95	0.35	0.96	0.72		-0.7	0.71	0.96	1.0	0.61	0.96	0.95	0.98	0.61	0.53	1.0	-0.41	0.76	1.0	0.95	0.97	0.9	0.96
Retained Earnings	-0.72	-0.7	-0.75	-0.63	-0.15	-0.53	-0.16	-0.7		-0.59	-0.72	-0.72	-0.95	-0.72	-0.65	-0.76	-0.53	-0.42	-0.7	0.83	-0.53	-0.7	-0.86	-0.72	-0.58	-0.58
Accounts Payable	0.71	0.7	0.66	0.7	0.32	0.7	0.67	0.71	-0.59		0.65	0.71	0.4	0.66	0.67	0.74	0.72	0.66	0.7	-0.21	0.68	0.71	0.65	0.7	0.66	0.66
Cash	0.96	0.97	0.98	0.94	0.3	0.93	0.62	0.96	-0.72	0.65		0.96	0.63	1.0	0.95	0.94	0.57	0.49	0.96	-0.42	0.74	0.97	0.94	0.99	0.9	0.91
Non Current Assets Total	1.0	1.0	0.98	0.95	0.42	0.95	0.7	1.0	-0.72	0.71	0.96		0.63	0.96	0.97	0.99	0.63	0.55	1.0	-0.42	0.8	1.0	0.95	0.98	0.9	0.97
Non Currrent Assets Other	0.63	0.61	0.68	0.57	-0.01	0.4	0.05	0.61	-0.95	0.4	0.63	0.63		0.63	0.56	0.68	0.28	0.15	0.61	-0.93	0.36	0.61	0.81	0.62	0.53	0.49
Cash And Short Term Investments	0.96	0.97	0.98	0.94	0.3	0.93	0.62	0.96	-0.72	0.66	1.0	0.96	0.63		0.95	0.94	0.58	0.49	0.96	-0.43	0.73	0.97	0.94	0.99	0.9	0.91
Net Receivables	0.97	0.96	0.98	0.94	0.46	0.93	0.68	0.95	-0.65	0.67	0.95	0.97	0.56	0.95		0.95	0.63	0.56	0.96	-0.32	0.82	0.96	0.89	0.98	0.9	0.96
Good Will	0.99	0.98	0.96	0.95	0.35	0.92	0.7	0.98	-0.76	0.74	0.94	0.99	0.68	0.94	0.95		0.6	0.51	0.98	-0.47	0.75	0.98	0.96	0.96	0.91	0.93
Common Stock Total Equity	0.63	0.61	0.62	0.53	0.74	0.61	0.47	0.61	-0.53	0.72	0.57	0.63	0.28	0.58	0.63	0.6		0.98	0.62	-0.1	0.84	0.61	0.53	0.63	0.46	0.67
Common Stock Shares Outstanding	0.55	0.52	0.53	0.45	0.78	0.56	0.44	0.53	-0.42	0.66	0.49	0.55	0.15	0.49	0.56	0.51	0.98		0.54	0.04	0.78	0.53	0.43	0.56	0.38	0.61
Non Current Liabilities Total	1.0	1.0	0.98	0.94	0.38	0.95	0.71	1.0	-0.7	0.7	0.96	1.0	0.61	0.96	0.96	0.98	0.62	0.54		-0.42	0.77	1.0	0.95	0.98	0.88	0.96
Other Current Assets	-0.42	-0.41	-0.47	-0.35	0.21	-0.16	0.07	-0.41	0.83	-0.21	-0.42	-0.42	-0.93	-0.43	-0.32	-0.47	-0.1	0.04	-0.42		-0.12	-0.41	-0.66	-0.4	-0.31	-0.27
Other Stockholder Equity	0.8	0.76	0.78	0.71	0.75	0.79	0.59	0.76	-0.53	0.68	0.74	0.8	0.36	0.73	0.82	0.75	0.84	0.78	0.77	-0.12		0.77	0.67	0.78	0.66	0.85
Total Liab	1.0	1.0	0.98	0.96	0.37	0.96	0.72	1.0	-0.7	0.71	0.97	1.0	0.61	0.97	0.96	0.98	0.61	0.53	1.0	-0.41	0.77		0.95	0.98	0.9	0.96
Property Plant And Equipment Gross	0.95	0.95	0.96	0.9	0.23	0.85	0.54	0.95	-0.86	0.65	0.94	0.95	0.81	0.94	0.89	0.96	0.53	0.43	0.95	-0.66	0.67	0.95		0.94	0.85	0.87
Total Current Assets	0.98	0.98	0.99	0.95	0.39	0.93	0.66	0.97	-0.72	0.7	0.99	0.98	0.62	0.99	0.98	0.96	0.63	0.56	0.98	-0.4	0.78	0.98	0.94		0.9	0.95
Short Term Debt	0.9	0.9	0.9	0.99	0.22	0.9	0.7	0.9	-0.58	0.66	0.9	0.9	0.53	0.9	0.9	0.91	0.46	0.38	0.88	-0.31	0.66	0.9	0.85	0.9		0.85
Intangible Assets	0.97	0.96	0.95	0.91	0.57	0.94	0.75	0.96	-0.58	0.66	0.91	0.97	0.49	0.91	0.96	0.93	0.67	0.61	0.96	-0.27	0.85	0.96	0.87	0.95	0.85

Click cells to compare fundamentals

American Tower Account Relationship Matchups

American Tower fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.8B	47.2B	69.9B	67.2B	66.0B	69.3B
Short Long Term Debt Total	31.1B	36.7B	52.0B	47.1B	47.2B	49.5B
Other Current Liab	1.6B	1.8B	2.3B	2.4B	2.6B	2.7B
Total Current Liabilities	5.5B	3.7B	9.1B	8.3B	7.2B	7.6B
Total Stockholder Equity	5.1B	4.1B	5.1B	5.6B	4.2B	4.0B
Property Plant And Equipment Net	19.4B	20.6B	29.0B	28.9B	19.8B	20.8B
Current Deferred Revenue	294.3M	390.6M	1.2B	439.7M	434.7M	229.8M
Net Debt	29.6B	35.0B	50.1B	45.0B	45.1B	47.3B
Retained Earnings	(1.0B)	(1.3B)	(1.1B)	(2.1B)	(3.6B)	(3.5B)
Accounts Payable	148.1M	139.1M	272.4M	218.6M	258.7M	153.2M
Cash	1.5B	1.7B	1.9B	2.0B	2.1B	2.2B
Non Current Assets Total	40.2B	44.3B	66.2B	63.6B	62.3B	65.4B
Non Currrent Assets Other	406.4M	400.1M	400.9M	3.6B	9.6B	10.0B
Cash And Short Term Investments	1.5B	1.7B	1.9B	2.0B	2.1B	2.2B
Net Receivables	462.2M	511.6M	728.9M	758.3M	669.7M	703.2M
Good Will	6.2B	7.3B	13.4B	13.0B	12.6B	13.3B
Common Stock Shares Outstanding	445.5M	446.1M	453.3M	462.8M	467.2M	377.3M
Liabilities And Stockholders Equity	42.8B	47.2B	69.9B	67.2B	66.0B	69.3B
Non Current Liabilities Total	30.7B	38.8B	51.8B	46.5B	47.9B	50.3B
Other Current Assets	513.6M	532.6M	657.2M	723.3M	(2.8B)	(2.6B)
Other Stockholder Equity	8.9B	9.2B	11.0B	13.4B	13.6B	7.1B
Total Liab	36.2B	42.5B	60.8B	54.8B	55.2B	57.9B
Property Plant And Equipment Gross	19.4B	20.6B	29.0B	28.9B	39.8B	41.8B
Total Current Assets	2.6B	2.9B	3.7B	3.6B	3.7B	3.9B
Accumulated Other Comprehensive Income	(2.8B)	(3.8B)	(4.7B)	(5.7B)	(5.7B)	(5.5B)
Short Term Debt	3.4B	1.3B	5.3B	5.3B	4.0B	4.2B
Intangible Assets	12.3B	13.8B	20.7B	18.0B	16.5B	17.3B
Inventory	76.8M	115.1M	393.4M	112.3M	129.1M	110.0M
Other Liab	3.1B	3.4B	5.0B	4.7B	5.4B	5.7B
Other Assets	2.3B	2.6B	3.1B	3.2B	4.3B	2.3B
Long Term Debt	21.1B	28.5B	38.7B	34.2B	35.7B	37.5B
Treasury Stock	(974M)	(1.2B)	(1.2B)	(1.3B)	(1.2B)	(1.2B)
Property Plant Equipment	19.4B	20.6B	29.0B	28.9B	33.3B	34.9B
Noncontrolling Interest In Consolidated Entity	435M	474.9M	4.0B	6.8B	7.9B	8.3B
Retained Earnings Total Equity	(1.0B)	(1.3B)	(1.1B)	(2.1B)	(1.9B)	(1.8B)

Pair Trading with American Tower

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 American Tower 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 American Tower will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

0.81

EQIX

Equinix

Pair Corr

Moving against American Stock

0.66	BHR	Braemar Hotel Resorts	Pair Corr
0.63	ELME	Elme Communities	Pair Corr
0.63	AKR	Acadia Realty Trust	Pair Corr

The ability to find closely correlated positions to American Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Tower 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 American Tower - 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 American Tower Corp to buy it.

The correlation of American Tower 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 American Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Tower 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 American Tower 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 Correlation Correlation Matching

When determining whether American Tower 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 American 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 American Tower Corp Stock. Highlighted below are key reports to facilitate an investment decision about American Tower Corp Stock:

How To Invest In American

Details

Is American Stock a good investment?

Details

What is American Tower's Net Worth?

Details

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Largest Real Estate Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower 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 population.

You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for American Stock analysis

When running American Tower's price analysis, check to measure American Tower'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 American Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.

	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Fundamental Analysis View fundamental data based on most recent published financial statements

Is American Tower'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 American Tower. If investors know American 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 American Tower 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

1.722

Dividend Share

6.51

Earnings Share

4.43

Revenue Per Share

24.045

Quarterly Revenue Growth

0.024

The market value of American Tower Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Tower's value that differs from its market value or its book value, called intrinsic value, which is American Tower'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 American Tower's market value can be influenced by many factors that don't directly affect American Tower'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 American Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Tower'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

American Capital Surpluse vs Net Working Capital Analysis

Capital Surpluse vs Net Working Capital

Capital Surpluse vs Net Working Capital Correlation Analysis

Correlation Coefficient

Capital Surpluse

Net Working Capital

American Tower fundamental ratios Correlations

American Tower Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Tower fundamental ratios Accounts

Pair Trading with American Tower

Moving together with American Stock

Moving against American Stock

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total

Non Currrent Assets Other	- 0.95	Retained Earnings
Other Current Assets	- 0.93	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.86	Retained Earnings
Good Will	- 0.76	Retained Earnings
Retained Earnings	- 0.75	Other Current Liab
Total Current Assets	- 0.72	Retained Earnings