Atlanticus Historical Income Statement
ATLC Stock | USD 24.26 0.81 3.45% |
Historical analysis of Atlanticus Holdings income statement accounts such as Interest Expense of 114.8 M, Selling General Administrative of 43.9 M or Total Revenue of 1.2 B can show how well Atlanticus Holdings performed in making a profits. Evaluating Atlanticus Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Atlanticus Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Atlanticus Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atlanticus Holdings is a good buy for the upcoming year.
Atlanticus |
About Atlanticus Income Statement Analysis
Atlanticus Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Atlanticus Holdings shareholders. The income statement also shows Atlanticus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Atlanticus Holdings Income Statement Chart
Atlanticus Holdings Income Statement is one of the three primary financial statements used for reporting Atlanticus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Atlanticus Holdings revenue and expense. Atlanticus Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Atlanticus Holdings' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 2.4 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Atlanticus Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Atlanticus Holdings minus its cost of goods sold. It is profit before Atlanticus Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Atlanticus Holdings. It is also known as Atlanticus Holdings 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.Most accounts from Atlanticus Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Atlanticus Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Atlanticus Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Atlanticus Stock refer to our How to Trade Atlanticus Stock guide.At present, Atlanticus Holdings' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 2.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 54.1M | 81.9M | 109.3M | 114.8M | Depreciation And Amortization | 2.5M | 4.8M | 2.6M | 2.4M |
Atlanticus Holdings income statement Correlations
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Atlanticus Holdings Account Relationship Matchups
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Atlanticus Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 7.7M | 8.0M | 2.5M | 4.8M | 2.6M | 2.4M | |
Interest Expense | 50.7M | 51.5M | 54.1M | 81.9M | 109.3M | 114.8M | |
Selling General Administrative | 26.2M | 29.1M | 34.0M | 43.1M | 43.9M | 43.9M | |
Total Revenue | 350.1M | 340.3M | 399.8M | 292.6M | 1.2B | 1.2B | |
Gross Profit | 293.0M | 307.8M | 361.6M | 248.7M | 1.1B | 1.1B | |
Other Operating Expenses | 64.3M | 225.7M | 180.1M | 237.5M | 918.0M | 963.9M | |
Operating Income | 32.0M | 114.6M | 219.7M | 207.0M | 240.1M | 252.1M | |
Ebit | 32.0M | 114.6M | 219.7M | 207.0M | 240.1M | 252.1M | |
Ebitda | 39.7M | 122.5M | 222.2M | 211.9M | 242.6M | 254.7M | |
Total Operating Expenses | 64.3M | (225.7M) | (180.1M) | 194.4M | 812.6M | 853.3M | |
Income Before Tax | 31.8M | 114.4M | 219.6M | 149.3M | 128.6M | 135.0M | |
Net Income | 26.4M | 94.1M | 177.9M | 135.6M | 102.8M | 108.0M | |
Income Tax Expense | 5.6M | 20.5M | 41.8M | 14.7M | 26.6M | 27.9M | |
Cost Of Revenue | 57.2M | 32.5M | 38.2M | 43.9M | 103.2M | 98.0M | |
Net Income Applicable To Common Shares | 25.3M | 77.1M | 155.5M | 110.5M | 99.5M | 104.4M | |
Selling And Marketing Expenses | 36.4M | 35.0M | 56.6M | 62.4M | 52.4M | 55.0M | |
Total Other Income Expense Net | (233K) | (203K) | (113K) | (57.8M) | (111.5M) | (117.1M) | |
Minority Interest | (233K) | 98.6M | (113K) | (985K) | 1.2M | 1.1M | |
Net Income From Continuing Ops | 26.2M | 93.9M | 177.8M | 134.6M | 99.4M | 104.3M | |
Tax Provision | 5.6M | 20.5M | 41.8M | 14.7M | 28.3M | 29.7M | |
Net Interest Income | 210.5M | 359.1M | 464.7M | 704.4M | 765.6M | 803.8M | |
Interest Income | 261.2M | 410.6M | 518.8M | 786.2M | 866.3M | 441.1M | |
Reconciled Depreciation | 7.7M | 8.0M | 2.5M | 4.8M | 3.5M | 4.5M |
Pair Trading with Atlanticus Holdings
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 Atlanticus Holdings 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 Atlanticus Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Atlanticus Stock
0.87 | FNVT | Finnovate Acquisition | PairCorr |
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0.73 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
0.71 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
0.69 | DFS | Discover Financial Financial Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to Atlanticus Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlanticus Holdings 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 Atlanticus Holdings - 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 Atlanticus Holdings to buy it.
The correlation of Atlanticus Holdings 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 Atlanticus Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlanticus Holdings 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 Atlanticus Holdings 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlanticus Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Atlanticus Stock refer to our How to Trade Atlanticus Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Atlanticus Stock analysis
When running Atlanticus Holdings' price analysis, check to measure Atlanticus Holdings' 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 Atlanticus Holdings is operating at the current time. Most of Atlanticus Holdings' value examination focuses on studying past and present price action to predict the probability of Atlanticus Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlanticus Holdings' price. Additionally, you may evaluate how the addition of Atlanticus Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Atlanticus Holdings' 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 Atlanticus Holdings. If investors know Atlanticus 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 Atlanticus Holdings 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 0.141 | Earnings Share 4.24 | Revenue Per Share 24.419 | Quarterly Revenue Growth 0.115 | Return On Assets 0.04 |
The market value of Atlanticus Holdings is measured differently than its book value, which is the value of Atlanticus that is recorded on the company's balance sheet. Investors also form their own opinion of Atlanticus Holdings' value that differs from its market value or its book value, called intrinsic value, which is Atlanticus Holdings' 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 Atlanticus Holdings' market value can be influenced by many factors that don't directly affect Atlanticus Holdings' 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 Atlanticus Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlanticus Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlanticus Holdings' 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.