Atlantica Net Invested Capital vs Current Deferred Revenue Analysis

AY Stock

USD 21.41 0.01 0.05%

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 Net Invested Capital and its Current Deferred Revenue 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.

Net Invested Capital vs Current Deferred Revenue

Net Invested Capital vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlantica Sustainable Net Invested Capital account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Atlantica Sustainable's Net Invested Capital and Current Deferred Revenue is -0.43. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Current Deferred Revenue 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 Net Invested Capital and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Atlantica Sustainable Infrastructure are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Invested Capital i.e., Atlantica Sustainable's Net Invested Capital and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 Expense	361.3M	333.3M	375.9M	350.3M
Depreciation And Amortization	470.3M	507.2M	415.4M	332.9M

Interest Expense Depreciation And Amortization

Atlantica Sustainable fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Other Assets	Long Term Debt	Common Stock Shares Outstanding	Short Term Investments	Inventory
Total Assets		0.99	0.09	0.63	0.93	0.99	-0.16	0.93	1.0	0.26	0.97	0.07	0.98	0.54	1.0	0.94	0.63	1.0	0.96	-0.26	0.11	-0.48	0.95	0.73	0.69	-0.88
Short Long Term Debt Total	0.99		0.03	0.6	0.89	1.0	-0.14	0.94	0.99	0.33	0.98	0.11	0.98	0.45	0.99	0.96	0.6	0.99	0.93	-0.33	0.08	-0.54	0.97	0.79	0.64	-0.86
Other Current Liab	0.09	0.03		0.07	0.32	0.04	-0.89	-0.03	0.1	-0.1	0.0	-0.06	0.03	0.06	0.04	0.0	0.03	0.07	0.18	0.1	0.65	0.63	0.01	-0.19	0.32	-0.34
Total Current Liabilities	0.63	0.6	0.07		0.63	0.62	-0.09	0.4	0.65	-0.03	0.48	-0.2	0.5	0.32	0.63	0.42	1.0	0.65	0.61	0.03	0.0	-0.38	0.4	0.28	0.4	-0.5
Total Stockholder Equity	0.93	0.89	0.32	0.63		0.9	-0.29	0.8	0.94	0.11	0.86	-0.12	0.9	0.65	0.92	0.8	0.62	0.93	0.91	-0.11	0.29	-0.25	0.83	0.54	0.71	-0.86
Net Debt	0.99	1.0	0.04	0.62	0.9		-0.15	0.93	0.99	0.3	0.96	0.08	0.97	0.45	0.99	0.94	0.63	0.99	0.94	-0.3	0.1	-0.54	0.96	0.79	0.63	-0.85
Accounts Payable	-0.16	-0.14	-0.89	-0.09	-0.29	-0.15		-0.1	-0.16	-0.22	-0.11	-0.09	-0.1	0.18	-0.1	-0.14	-0.07	-0.12	-0.16	0.22	-0.49	-0.4	-0.12	-0.05	-0.17	0.3
Cash	0.93	0.94	-0.03	0.4	0.8	0.93	-0.1		0.91	0.48	0.99	0.28	0.96	0.43	0.94	0.99	0.41	0.91	0.83	-0.48	-0.07	-0.52	0.96	0.73	0.63	-0.82
Non Current Assets Total	1.0	0.99	0.1	0.65	0.94	0.99	-0.16	0.91		0.23	0.96	0.04	0.98	0.56	0.99	0.92	0.65	1.0	0.96	-0.23	0.13	-0.47	0.94	0.71	0.69	-0.88
Non Currrent Assets Other	0.26	0.33	-0.1	-0.03	0.11	0.3	-0.22	0.48	0.23		0.42	0.44	0.33	-0.28	0.29	0.47	0.0	0.22	0.04	-1.0	-0.41	-0.24	0.38	0.34	0.06	-0.15
Cash And Short Term Investments	0.97	0.98	0.0	0.48	0.86	0.96	-0.11	0.99	0.96	0.42		0.16	0.99	0.48	0.97	0.98	0.48	0.96	0.88	-0.42	0.02	-0.5	0.98	0.75	0.64	-0.84
Net Receivables	0.07	0.11	-0.06	-0.2	-0.12	0.08	-0.09	0.28	0.04	0.44	0.16		0.13	-0.21	0.08	0.32	-0.18	0.03	0.02	-0.44	-0.52	-0.28	0.17	0.22	0.18	-0.22
Non Current Liabilities Total	0.98	0.98	0.03	0.5	0.9	0.97	-0.1	0.96	0.98	0.33	0.99	0.13		0.56	0.99	0.97	0.5	0.98	0.93	-0.33	0.06	-0.47	0.98	0.73	0.69	-0.88
Other Stockholder Equity	0.54	0.45	0.06	0.32	0.65	0.45	0.18	0.43	0.56	-0.28	0.48	-0.21	0.56		0.56	0.4	0.29	0.57	0.62	0.28	0.07	0.02	0.42	0.0	0.64	-0.55
Total Liab	1.0	0.99	0.04	0.63	0.92	0.99	-0.1	0.94	0.99	0.29	0.97	0.08	0.99	0.56		0.94	0.63	1.0	0.95	-0.29	0.06	-0.49	0.95	0.71	0.69	-0.88
Total Current Assets	0.94	0.96	0.0	0.42	0.8	0.94	-0.14	0.99	0.92	0.47	0.98	0.32	0.97	0.4	0.94		0.43	0.92	0.85	-0.47	-0.05	-0.53	0.97	0.77	0.64	-0.84
Short Term Debt	0.63	0.6	0.03	1.0	0.62	0.63	-0.07	0.41	0.65	0.0	0.48	-0.18	0.5	0.29	0.63	0.43		0.65	0.6	0.0	-0.04	-0.42	0.41	0.3	0.38	-0.48
Intangible Assets	1.0	0.99	0.07	0.65	0.93	0.99	-0.12	0.91	1.0	0.22	0.96	0.03	0.98	0.57	1.0	0.92	0.65		0.97	-0.22	0.12	-0.48	0.94	0.7	0.69	-0.88
Other Liab	0.96	0.93	0.18	0.61	0.91	0.94	-0.16	0.83	0.96	0.04	0.88	0.02	0.93	0.62	0.95	0.85	0.6	0.97		-0.04	0.26	-0.36	0.9	0.64	0.74	-0.91
Property Plant And Equipment Net	-0.26	-0.33	0.1	0.03	-0.11	-0.3	0.22	-0.48	-0.23	-1.0	-0.42	-0.44	-0.33	0.28	-0.29	-0.47	0.0	-0.22	-0.04		0.41	0.24	-0.38	-0.34	-0.06	0.15
Current Deferred Revenue	0.11	0.08	0.65	0.0	0.29	0.1	-0.49	-0.07	0.13	-0.41	0.02	-0.52	0.06	0.07	0.06	-0.05	-0.04	0.12	0.26	0.41		0.41	0.11	0.09	0.06	-0.21
Other Assets	-0.48	-0.54	0.63	-0.38	-0.25	-0.54	-0.4	-0.52	-0.47	-0.24	-0.5	-0.28	-0.47	0.02	-0.49	-0.53	-0.42	-0.48	-0.36	0.24	0.41		-0.52	-0.74	0.08	0.16
Long Term Debt	0.95	0.97	0.01	0.4	0.83	0.96	-0.12	0.96	0.94	0.38	0.98	0.17	0.98	0.42	0.95	0.97	0.41	0.94	0.9	-0.38	0.11	-0.52		0.83	0.6	-0.83
Common Stock Shares Outstanding	0.73	0.79	-0.19	0.28	0.54	0.79	-0.05	0.73	0.71	0.34	0.75	0.22	0.73	0.0	0.71	0.77	0.3	0.7	0.64	-0.34	0.09	-0.74	0.83		0.21	-0.52
Short Term Investments	0.69	0.64	0.32	0.4	0.71	0.63	-0.17	0.63	0.69	0.06	0.64	0.18	0.69	0.64	0.69	0.64	0.38	0.69	0.74	-0.06	0.06	0.08	0.6	0.21		-0.9
Inventory	-0.88	-0.86	-0.34	-0.5	-0.86	-0.85	0.3	-0.82	-0.88	-0.15	-0.84	-0.22	-0.88	-0.55	-0.88	-0.84	-0.48	-0.88	-0.91	0.15	-0.21	0.16	-0.83	-0.52	-0.9

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Atlantica Sustainable Account Relationship Matchups

Atlantica Sustainable fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.7B	9.9B	9.8B	9.1B	8.7B	9.1B
Short Long Term Debt Total	5.6B	6.2B	6.1B	5.6B	5.5B	5.3B
Other Current Liab	33.6M	54.3M	33.6M	24.4M	92.2M	96.8M
Total Current Liabilities	973.4M	483.3M	824.4M	519.0M	607.8M	782.9M
Total Stockholder Equity	1.5B	1.5B	1.5B	1.6B	1.4B	1.6B
Net Debt	5.0B	5.4B	5.4B	5.0B	5.0B	4.7B
Accounts Payable	128.1M	92.6M	113.9M	140.2M	77.3M	98.3M
Cash	562.8M	868.5M	622.7M	601.0M	448.3M	538.4M
Non Current Assets Total	8.5B	8.5B	8.6B	8.1B	7.7B	8.1B
Non Currrent Assets Other	8.5B	8.5T	8.6T	585.9B	7.2B	6.8B
Cash And Short Term Investments	781.4M	1.1B	830.1M	796.9M	637.2M	719.6M
Net Receivables	317.6M	331.7M	307.1M	200.3M	273.8M	276.7M
Liabilities And Stockholders Equity	9.7B	9.9B	9.8B	9.1B	8.7B	9.1B
Non Current Liabilities Total	7.0B	7.7B	7.2B	6.8B	5.7B	6.4B
Other Stockholder Equity	1.7B	1.0B	872.0M	986.6M	736.6M	1.1B
Total Liab	7.9B	8.2B	8.0B	7.3B	6.3B	7.2B
Total Current Assets	1.1B	1.4B	1.2B	1.0B	982.2M	1.0B
Accumulated Other Comprehensive Income	1.9B	878.5M	1.1B	999.2M	1.0B	1.4B
Short Term Debt	811.1M	336.0M	676.4M	343.2M	421.4M	579.0M
Intangible Assets	8.2B	8.2B	8.0B	7.5B	7.2B	7.6B
Other Liab	1.9B	1.4B	1.5B	1.5B	1.7B	1.7B
Property Plant And Equipment Net	(8.5B)	(8.5T)	(8.6T)	(585.9B)	(7.2B)	(7.6B)
Current Deferred Revenue	565K	416K	542K	11.2M	16.9M	17.8M
Other Assets	1K	153.4M	183.1M	239.5M	215.5M	204.7M
Long Term Debt	4.8B	5.9B	5.4B	5.2B	5.0B	5.0B
Common Stock Shares Outstanding	101.1M	103.4M	111.0M	114.7M	116.2M	108.1M
Short Term Investments	218.6M	200.1M	207.4M	195.9M	188.9M	169.0M
Inventory	20.3M	24.0M	29.7M	34.5M	29.9M	24.0M
Other Current Assets	536.1M	443.2B	428.7B	219.4M	41.4M	39.3M
Net Tangible Assets	(5.6B)	(5.5B)	(4.9B)	(4.3B)	(4.9B)	(5.2B)
Long Term Investments	139.9M	116.6M	391.2M	260.0M	230.3M	186.4M
Short Long Term Debt	811.1M	336.0M	676.4M	343.2M	421.4M	733.7M
Retained Earnings	(385.5M)	(373.5M)	(398.7M)	(397.5M)	(351.5M)	(369.1M)
Common Stock	10.2M	10.7M	11.2M	11.6M	11.6M	11.4M
Property Plant Equipment	205.6M	270.9M	773.9M	844.4M	760.0M	722.0M
Non Current Liabilities Other	1.6B	1.2B	1.3B	45.4M	44.5M	42.3M

Pair Trading with Atlantica Sustainable

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 Atlantica Sustainable 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 Atlantica Sustainable will appreciate offsetting losses from the drop in the long position's value.

Moving against Atlantica Stock

0.74	ADNWW	Advent Technologies	Pair Corr
0.7	ADN	Advent Technologies Financial Report 20th of May 2024	Pair Corr
0.69	ELLO	Ellomay Capital	Pair Corr
0.56	EBR	Centrais Electricas	Pair Corr
0.46	NRGV	Energy Vault Holdings Financial Report 14th of May 2024	Pair Corr

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

The correlation of Atlantica Sustainable 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 Atlantica Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantica Sustainable 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 Atlantica Sustainable 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 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:

How To Invest In Atlantica

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Is Atlantica Stock a good investment?

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What is Atlantica Sustainable's Net Worth?

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Largest Independent Power and Renewable Electricity Producers Companies

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Largest Utilities - Renewable Companies

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Atlantica Stock analysis

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

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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

0.37

Revenue Per Share

9.509

Quarterly Revenue Growth

0.009

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.

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Atlantica Net Invested Capital vs Current Deferred Revenue Analysis

Net Invested Capital vs Current Deferred Revenue

Net Invested Capital vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Invested Capital

Current Deferred Revenue

Atlantica Sustainable fundamental ratios Correlations

Atlantica Sustainable Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Atlantica Sustainable fundamental ratios Accounts

Pair Trading with Atlantica Sustainable

Moving against Atlantica Stock

Complementary Tools for Atlantica Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Property Plant And Equipment Net	- 1.0	Non Currrent Assets Other
Inventory	- 0.91	Other Liab
Inventory	- 0.9	Short Term Investments
Accounts Payable	- 0.89	Other Current Liab
Inventory	- 0.88	Intangible Assets
Inventory	- 0.88	Total Liab