Atlantica Sustainable Beta vs. Total Debt

AY Stock  USD 18.18  0.06  0.33%   
Based on the measurements of profitability obtained from Atlantica Sustainable's financial statements, Atlantica Sustainable Infrastructure is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in April. Profitability indicators assess Atlantica Sustainable's ability to earn profits and add value for shareholders. At this time, Atlantica Sustainable's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to rise to 3.18 in 2024, whereas Operating Cash Flow Sales Ratio is likely to drop 0.29 in 2024. At this time, Atlantica Sustainable's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Operating Income is likely to rise to about 348.6 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (204.4 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.360.377
Sufficiently Down
Slightly volatile
Operating Profit Margin0.220.2295
Sufficiently Down
Slightly volatile
For Atlantica Sustainable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Atlantica Sustainable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Atlantica Sustainable Infrastructure utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Atlantica Sustainable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Atlantica Sustainable Infrastructure over time as well as its relative position and ranking within its peers.
  
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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.

Atlantica Sustainable Total Debt vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Atlantica Sustainable's current stock value. Our valuation model uses many indicators to compare Atlantica Sustainable value to that of its competitors to determine the firm's financial worth.
Atlantica Sustainable Infrastructure is number one stock in beta category among related companies. It is rated second in total debt category among related companies making up about  5,732,982,236  of Total Debt per Beta. Total Debt To Capitalization is likely to drop to 0.59 in 2024. Comparative valuation analysis is a catch-all model that can be used if you cannot value Atlantica Sustainable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Atlantica Sustainable's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Atlantica Sustainable's earnings, one of the primary drivers of an investment's value.

Atlantica Total Debt vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Atlantica Sustainable

Beta

 = 

Covariance

Variance

 = 
0.96
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Atlantica Sustainable

Total Debt

 = 

Bonds

+

Notes

 = 
5.49 B
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.

Atlantica Total Debt vs Competition

Atlantica Sustainable Infrastructure is rated second in total debt category among related companies. Total debt of Utilities industry is presently estimated at about 530.48 Billion. Atlantica Sustainable claims roughly 5.49 Billion in total debt contributing just under 2% to Utilities industry.
Total debt  Workforce  Capitalization  Revenue  Valuation

Beta Analysis

Atlantica Sustainable returns are very sensitive to returns on the market. As the market goes up or down, Atlantica Sustainable is expected to follow.

Atlantica Sustainable Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Atlantica Sustainable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Atlantica Sustainable will eventually generate negative long term returns. The profitability progress is the general direction of Atlantica Sustainable's change in net profit over the period of time. It can combine multiple indicators of Atlantica Sustainable, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2024
Accumulated Other Comprehensive IncomeB1.4 B
Operating Income252.4 M348.6 M
Income Before Tax37.2 M39.1 M
Total Other Income Expense Net-215.2 M-204.4 M
Net Loss-6.3 M-6.6 M
Net Income43.4 M45.5 M
Income Tax Expense790 K750.5 K
Net Income From Continuing Ops36.4 M38.3 M
Interest Income24.7 M35.1 M
Net Interest Income-342.4 M-359.5 M
Change To Netincome92.6 M81.5 M
Net Income Per E B T 1.16  1.22 

Atlantica Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Atlantica Sustainable. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Atlantica Sustainable position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Atlantica Sustainable's important profitability drivers and their relationship over time.

Use Atlantica Sustainable in pair-trading

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.

Atlantica Sustainable Pair Trading

Atlantica Sustainable Infrastructure Pair Trading Analysis

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 CorrelationCorrelation Matching

Use Investing Themes to Complement your Atlantica Sustainable position

In addition to having Atlantica Sustainable in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Broad Sovereign ETFs Thematic Idea Now

Broad Sovereign ETFs
Broad Sovereign ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Sovereign ETFs Theme or any other thematic opportunities.
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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:
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You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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To fully project Atlantica Sustainable's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Atlantica Sustainable at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Atlantica Sustainable's income statement, its balance sheet, and the statement of cash flows.
Potential Atlantica Sustainable investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Atlantica Sustainable investors may work on each financial statement separately, they are all related. The changes in Atlantica Sustainable's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Atlantica Sustainable's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.