Atlanticus Total Assets vs Long 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 Total Assets and its Long 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.

Total Assets vs Long Term Debt

Total Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlanticus Holdings Total Assets account and Long Term Debt. At this time, the significance of the direction appears to have totally related.

The correlation between Atlanticus Holdings' Total Assets and Long Term Debt is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long 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' Total Assets and Long 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 Total Assets of Atlanticus Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., Atlanticus Holdings' Total Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Atlanticus Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Atlanticus Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Atlanticus Holdings has held for over one year. Long-term debt appears on Atlanticus Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Atlanticus Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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	-0.72	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	-0.62	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	0.04	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	-0.73	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	-0.47	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	-0.72	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	0.58	-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	-0.58	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	-0.72	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	-0.76	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	0.11	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	-0.11	-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	-0.75	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	-0.2	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	-0.57	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	-0.06	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		0.65	-0.07	-0.43	-0.26	-0.36	-0.43	-0.51	-0.26
Other Current Assets	-0.72	-0.62	0.04	-0.73	-0.47	-0.72	0.58	-0.58	0.02	-0.72	-0.76	0.11	-0.11	-0.75	-0.2	-0.57	-0.06	0.65		0.0	-0.74	-0.41	-0.55	-0.62	-0.76	-0.42
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	0.0		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	-0.74	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	-0.41	-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	-0.55	-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	-0.62	-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	-0.76	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	-0.42	0.58	0.81	-0.08	-0.25	0.19	0.8

Click cells to compare fundamentals

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
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

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 together with Atlanticus Stock

0.76

BFIIW

BurgerFi International

Pair Corr

Moving against Atlanticus Stock

0.85	DB	Deutsche Bank AG Normal Trading	Pair Corr
0.8	LU	Lufax Holding Financial Report 27th of May 2024	Pair Corr
0.77	GS	Goldman Sachs Group Financial Report 17th of July 2024	Pair Corr
0.75	AXP	American Express Financial Report 19th of July 2024	Pair Corr
0.74	C	Citigroup Earnings Call This Week	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?

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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 Total Assets vs Long Term Debt Analysis

Total Assets vs Long Term Debt

Total Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Total Assets

Long Term Debt

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 together with Atlanticus Stock

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 Liab	- 0.9	Non Currrent Assets Other
Other Stockholder Equity	- 0.81	Common Stock Shares Outstanding
Long Term Debt	- 0.76	Other Current Assets
Other Current Assets	- 0.76	Net Receivables
Other Current Assets	- 0.75	Total Liab