Atlanticus Net Tangible Assets vs Short Term Debt Analysis
ATLC Stock | USD 27.11 1.01 3.87% |
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 Net Tangible Assets and its Short Term Debt 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.
Net Tangible Assets vs Short Term Debt
Net Tangible Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlanticus Holdings Net Tangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Atlanticus Holdings' Net Tangible Assets and Short Term Debt is 0.34. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Debt 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' Net Tangible Assets and Short Term Debt 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 Tangible Assets of Atlanticus Holdings are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Tangible Assets i.e., Atlanticus Holdings' Net Tangible Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Short Term Debt
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 |
Atlanticus Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Atlanticus Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | |
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.
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
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.