American Story

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AMT -- USA Stock  

USD 248.54  0.08  0.0322%

American Tower Corp is scheduled to announce its earnings today. The next earnings report is expected on the 5th of May 2021. American Tower Quick Ratio is comparatively stable at the moment as compared to the past year. American Tower reported Quick Ratio of 0.45 in 2020. Book Value per Share is likely to gain to 13.57 in 2021, whereas Average Assets are likely to drop slightly above 37.7 B in 2021. As many millenniums are trying to avoid real estate space, it makes sense to review American Tower Corp a little further and try to understand its current market patterns. We will break down if it could be a much better year for American Tower shareholders.
Published over a month ago
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How much will American Tower owe in March?
American Tower has 31.69 B in debt with debt to equity (D/E) ratio of 6.68, demonstrating that American Tower Corp may be unable to create cash to meet all of its financial commitments. This firm has a current ratio of 0.85, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
American Tower financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of American Tower, including all of American Tower's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of American Tower assets, the company is considered highly leveraged. Understanding the composition and structure of overall American Tower debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.
Please read more on our technical analysis page.

Understanding American Total Liabilities

American Tower Corp liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. American Tower Corp has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on American Tower balance sheet include debt obligations and money owed to different American Tower vendors, workers, and loan providers. Below is the chart of American short long-term liabilities accounts currently reported on its balance sheet.
You can use American Tower Corp financial leverage analysis tool to get a better grip on understanding its financial position

How important is American Tower's Liquidity

American Tower financial leverage refers to using borrowed capital as a funding source to finance American Tower Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. American Tower financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between American Tower's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for American Tower, but it might be worth checking our own buy vs. sell analysis

Breaking it down

The company reported the last year's revenue of 7.84 B. Total Income to common stockholders was 1.89 B with profit before taxes, overhead, and interest of 5.36 B.

Liabilities Breakdown

6.8 B
Current Liabilities
28.5 B
Long-Term Liabilities
Total Liabilities32.95 Billion
Current Liabilities6.81 Billion
Long-Term Liabilities28.45 Billion

American Tower has 80 percent chance to finish below $229 next week

Newest Kurtosis is up to 0.01. Price may drop again. American Tower Corp exhibits very low volatility with skewness of 0.12 and kurtosis of 0.01. However, we advise investors to further study American Tower Corp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure American Tower's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact American Tower's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

The Current Takeaway on American Tower Investment

Whereas some other entities in the reit?specialty industry are either recovering or due for a correction, American Tower may not be performing as strong as the other in terms of long-term growth potentials. With an optimistic outlook on your 30 days horizon, it may be a good time to trade new shares of American or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to American Tower.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of American Tower Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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