Atlanticus Cash vs Short Term Investments Analysis

ATLC Stock

USD 27.03 0.22 0.82%

Atlanticus Holdings financial indicator trend analysis is way more than just evaluating Atlanticus Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlanticus Holdings is a good investment. Please check the relationship between Atlanticus Holdings Cash and its Short Term Investments accounts. 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.

Cash vs Short Term Investments

Cash vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlanticus Holdings Cash account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Atlanticus Holdings' Cash and Short Term Investments is 0.4. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Atlanticus Holdings, assuming nothing else is changed. The correlation between historical values of Atlanticus Holdings' Cash and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Atlanticus Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash i.e., Atlanticus Holdings' Cash and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Atlanticus Holdings, which is listed under current asset account on Atlanticus Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Atlanticus Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Atlanticus Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Term Investments

Short Term Investments is an item under the current assets section of Atlanticus Holdings balance sheet. It contains any investments Atlanticus Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Atlanticus Holdings can easily liquidate in the marketplace.

Most indicators from Atlanticus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Tax Provision is projected to increase significantly based on the last few years of reporting.

	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

Interest Expense Depreciation And Amortization

Atlanticus Holdings fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Other Liab	Other Current Assets	Property Plant Equipment	Short Long Term Debt Total	Accounts Payable	Non Current Liabilities Total	Short Term Investments	Long Term Debt	Total Current Liabilities
Total Assets		0.91	0.36	0.99	0.88	0.97	-0.29	0.29	-0.14	0.97	0.9	0.17	-0.22	1.0	0.54	0.84	0.5	-0.41	-0.91	0.47	1.0	-0.13	0.34	0.46	0.99	0.82
Total Stockholder Equity	0.91		0.34	0.88	0.89	0.94	-0.24	0.25	-0.15	0.94	0.88	0.28	-0.38	0.9	0.58	0.78	0.38	-0.34	-0.88	0.43	0.9	-0.29	0.3	0.37	0.9	0.74
Property Plant And Equipment Net	0.36	0.34		0.37	0.27	0.32	0.32	-0.32	-0.19	0.32	0.31	-0.26	0.07	0.36	0.92	0.37	0.3	0.19	-0.21	0.24	0.37	-0.35	-0.05	0.17	0.33	0.37
Net Debt	0.99	0.88	0.37		0.85	0.94	-0.32	0.32	-0.16	0.94	0.9	0.12	-0.2	1.0	0.53	0.85	0.51	-0.44	-0.89	0.44	1.0	-0.08	0.32	0.5	0.99	0.83
Retained Earnings	0.88	0.89	0.27	0.85		0.86	-0.2	0.2	-0.26	0.86	0.73	0.54	-0.61	0.85	0.43	0.81	0.65	-0.3	-0.71	0.71	0.86	-0.31	0.05	0.09	0.86	0.89
Cash	0.97	0.94	0.32	0.94	0.86		-0.22	0.22	-0.05	1.0	0.92	0.2	-0.18	0.97	0.56	0.77	0.36	-0.34	-0.94	0.43	0.96	-0.21	0.44	0.4	0.95	0.72
Non Current Assets Total	-0.29	-0.24	0.32	-0.32	-0.2	-0.22		-1.0	0.06	-0.22	-0.4	-0.01	0.02	-0.3	0.19	-0.28	-0.02	0.9	0.46	-0.04	-0.3	-0.28	-0.25	-0.52	-0.39	-0.2
Non Currrent Assets Other	0.29	0.25	-0.32	0.32	0.2	0.22	-1.0		-0.07	0.22	0.41	0.0	-0.02	0.3	-0.19	0.28	0.01	-0.9	-0.46	0.03	0.3	0.28	0.25	0.52	0.39	0.2
Other Assets	-0.14	-0.15	-0.19	-0.16	-0.26	-0.05	0.06	-0.07		-0.05	-0.13	0.01	0.36	-0.14	-0.05	-0.65	-0.41	0.02	-0.02	-0.15	-0.14	-0.11	0.71	0.05	-0.14	-0.56
Cash And Short Term Investments	0.97	0.94	0.32	0.94	0.86	1.0	-0.22	0.22	-0.05		0.92	0.2	-0.18	0.97	0.56	0.77	0.36	-0.34	-0.94	0.43	0.96	-0.21	0.44	0.4	0.95	0.72
Net Receivables	0.9	0.88	0.31	0.9	0.73	0.92	-0.4	0.41	-0.13	0.92		0.12	-0.12	0.92	0.53	0.77	0.13	-0.52	-0.96	0.34	0.91	-0.21	0.51	0.53	0.92	0.62
Common Stock Shares Outstanding	0.17	0.28	-0.26	0.12	0.54	0.2	-0.01	0.0	0.01	0.2	0.12		-0.81	0.13	-0.19	0.12	0.2	-0.02	-0.07	0.73	0.14	-0.5	-0.04	-0.49	0.15	0.27
Other Stockholder Equity	-0.22	-0.38	0.07	-0.2	-0.61	-0.18	0.02	-0.02	0.36	-0.18	-0.12	-0.81		-0.18	0.06	-0.37	-0.45	0.09	0.04	-0.59	-0.2	0.33	0.38	0.42	-0.21	-0.51
Total Liab	1.0	0.9	0.36	1.0	0.85	0.97	-0.3	0.3	-0.14	0.97	0.92	0.13	-0.18		0.54	0.84	0.46	-0.42	-0.92	0.43	1.0	-0.1	0.36	0.49	0.99	0.8
Property Plant And Equipment Gross	0.54	0.58	0.92	0.53	0.43	0.56	0.19	-0.19	-0.05	0.56	0.53	-0.19	0.06	0.54		0.44	0.21	0.05	-0.48	0.23	0.54	-0.37	0.2	0.29	0.51	0.4
Total Current Assets	0.84	0.78	0.37	0.85	0.81	0.77	-0.28	0.28	-0.65	0.77	0.77	0.12	-0.37	0.84	0.44		0.61	-0.34	-0.69	0.44	0.84	-0.03	-0.13	0.33	0.84	0.93
Other Current Liab	0.5	0.38	0.3	0.51	0.65	0.36	-0.02	0.01	-0.41	0.36	0.13	0.2	-0.45	0.46	0.21	0.61		-0.03	-0.14	0.5	0.49	0.04	-0.52	-0.02	0.47	0.83
Other Liab	-0.41	-0.34	0.19	-0.44	-0.3	-0.34	0.9	-0.9	0.02	-0.34	-0.52	-0.02	0.09	-0.42	0.05	-0.34	-0.03		0.56	-0.07	-0.43	-0.26	-0.36	-0.43	-0.51	-0.26
Other Current Assets	-0.91	-0.88	-0.21	-0.89	-0.71	-0.94	0.46	-0.46	-0.02	-0.94	-0.96	-0.07	0.04	-0.92	-0.48	-0.69	-0.14	0.56		-0.27	-0.91	0.08	-0.6	-0.57	-0.93	-0.57
Property Plant Equipment	0.47	0.43	0.24	0.44	0.71	0.43	-0.04	0.03	-0.15	0.43	0.34	0.73	-0.59	0.43	0.23	0.44	0.5	-0.07	-0.27		0.44	-0.53	-0.09	-0.25	0.45	0.58
Short Long Term Debt Total	1.0	0.9	0.37	1.0	0.86	0.96	-0.3	0.3	-0.14	0.96	0.91	0.14	-0.2	1.0	0.54	0.84	0.49	-0.43	-0.91	0.44		-0.11	0.35	0.48	0.99	0.81
Accounts Payable	-0.13	-0.29	-0.35	-0.08	-0.31	-0.21	-0.28	0.28	-0.11	-0.21	-0.21	-0.5	0.33	-0.1	-0.37	-0.03	0.04	-0.26	0.08	-0.53	-0.11		-0.09	0.24	-0.1	-0.08
Non Current Liabilities Total	0.34	0.3	-0.05	0.32	0.05	0.44	-0.25	0.25	0.71	0.44	0.51	-0.04	0.38	0.36	0.2	-0.13	-0.52	-0.36	-0.6	-0.09	0.35	-0.09		0.42	0.37	-0.25
Short Term Investments	0.46	0.37	0.17	0.5	0.09	0.4	-0.52	0.52	0.05	0.4	0.53	-0.49	0.42	0.49	0.29	0.33	-0.02	-0.43	-0.57	-0.25	0.48	0.24	0.42		0.5	0.19
Long Term Debt	0.99	0.9	0.33	0.99	0.86	0.95	-0.39	0.39	-0.14	0.95	0.92	0.15	-0.21	0.99	0.51	0.84	0.47	-0.51	-0.93	0.45	0.99	-0.1	0.37	0.5		0.8
Total Current Liabilities	0.82	0.74	0.37	0.83	0.89	0.72	-0.2	0.2	-0.56	0.72	0.62	0.27	-0.51	0.8	0.4	0.93	0.83	-0.26	-0.57	0.58	0.81	-0.08	-0.25	0.19	0.8

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Atlanticus Holdings Account Relationship Matchups

Atlanticus Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	936.3M	1.2B	1.9B	2.4B	2.7B	2.8B
Total Stockholder Equity	40.9M	117.3M	328.0M	366.4M	434.7M	230.1M
Property Plant And Equipment Net	16.8M	11.4M	11.4M	21.8M	22.8M	18.9M
Net Debt	664.0M	745.6M	1.0B	1.4B	1.6B	1.7B
Retained Earnings	(211.8M)	(117.7M)	60.2M	204.4M	307.3M	322.6M
Cash	135.5M	178.1M	409.7M	385.0M	383.7M	402.8M
Non Current Assets Total	18.8M	12.8M	11.4M	11.8M	11.3M	10.7M
Non Currrent Assets Other	(18.8M)	(12.8M)	(11.4M)	(10.0M)	(11.4M)	(12.0M)
Other Assets	782.0M	1.0B	1.5B	(1.7B)	39.3M	37.3M
Cash And Short Term Investments	135.5M	178.1M	409.7M	385.0M	383.7M	402.8M
Net Receivables	1.5B	1.9B	2.8B	3.7B	2.3B	2.4B
Common Stock Shares Outstanding	15.3M	20.1M	20.9M	19.4M	18.9M	25.1M
Liabilities And Stockholders Equity	936.3M	1.2B	1.9B	2.4B	2.7B	2.8B
Other Stockholder Equity	212.7M	195.0M	227.8M	122.0M	87.4M	155.7M
Total Liab	895.9M	1.1B	1.6B	2.0B	2.2B	2.3B
Property Plant And Equipment Gross	16.8M	11.4M	27.4M	26.4M	29.7M	19.8M
Total Current Assets	135.5M	178.1M	409.7M	4.1B	2.7B	2.8B
Other Current Liab	(685.1M)	(859.8M)	(1.3B)	60.7M	1.8B	1.9B
Other Current Assets	(176.4M)	(259.0M)	(506.6M)	(433.2M)	(383.7M)	(364.5M)
Property Plant Equipment	2.7M	11.4M	7.3M	10.0M	9.0M	17.6M
Short Long Term Debt Total	799.5M	923.7M	1.4B	1.8B	2.0B	2.1B
Accounts Payable	41.6M	41.7M	42.3M	44.3M	61.6M	52.1M
Non Current Liabilities Total	799.5M	923.7M	1.4B	160.6M	223.9M	371.7M
Long Term Debt	773.3M	909.9M	1.4B	1.8B	2.0B	2.1B
Total Current Liabilities	41.6M	41.7M	42.3M	1.8B	1.9B	2.0B
Current Deferred Revenue	(90.3M)	(39.5M)	(29.3M)	(16.2M)	(17.9M)	(17.0M)
Short Term Debt	775.4M	899.3M	1.3B	1.7B	64.7M	61.5M
Net Tangible Assets	90.0M	77.3M	427.6M	466.4M	536.3M	563.1M
Noncontrolling Interest In Consolidated Entity	(571K)	(774K)	(500K)	(1.4M)	(1.2M)	(1.2M)
Retained Earnings Total Equity	(211.8M)	(117.7M)	60.2M	204.4M	235.1M	246.8M
Long Term Debt Total	773.3M	907.0M	1.4B	1.8B	2.1B	2.2B
Capital Surpluse	212.7M	195.0M	227.8M	122.0M	109.8M	168.8M
Inventory	(1.4B)	(1.6B)	(2.3B)	433.2M	383.7M	402.8M
Long Term Investments	727.9M	1.4M	1.4B	1.9B	2.2B	2.3B
Non Current Liabilities Other	26.2M	16.7M	4.8M	20.1M	18.1M	17.2M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atlanticus Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atlanticus Holdings' short interest history, or implied volatility extrapolated from Atlanticus Holdings options trading.

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

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0.87	WEL	Integrated Wellness	Pair Corr
0.87	SCHW	Charles Schwab Corp Financial Report 16th of July 2024	Pair Corr
0.77	EMLD	FTAC Emerald Acquisition	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Atlanticus Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlanticus Holdings' 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 Atlanticus Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlanticus Holdings Stock:

How To Invest In Atlanticus

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Is Atlanticus Stock a good investment?

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What is Atlanticus Holdings' Net Worth?

Details

Largest Banking Companies

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Top Sectors

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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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.

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Atlanticus Cash vs Short Term Investments Analysis

Cash vs Short Term Investments

Cash vs Short Term Investments Correlation Analysis

Correlation Coefficient

Cash

Short Term Investments

Atlanticus Holdings fundamental ratios Correlations

Atlanticus Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Atlanticus Holdings fundamental ratios Accounts

Pair Trading with Atlanticus Holdings

Moving against Atlanticus Stock

Complementary Tools for Atlanticus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Net Debt
Short Long Term Debt Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Total Liab

Non Currrent Assets Other	- 1.0	Non Current Assets Total
Other Current Assets	- 0.96	Net Receivables
Other Current Assets	- 0.94	Cash And Short Term Investments
Other Current Assets	- 0.94	Cash
Long Term Debt	- 0.93	Other Current Assets
Other Current Assets	- 0.92	Total Liab