Atlantica Average Equity vs Invested Capital Average Analysis

AY Stock  USD 18.18  0.06  0.33%   
Trend analysis of Atlantica Sustainable Infrastructure balance sheet accounts such as Short Long Term Debt Total of 5.3 B or Other Current Liabilities of 96.8 M provides information on Atlantica Sustainable's total assets, liabilities, and equity, which is the actual value of Atlantica Sustainable to its prevalent stockholders. By breaking down trends over time using Atlantica Sustainable balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

About Atlantica Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Atlantica Sustainable at a specified time, usually calculated after every quarter, six months, or one year. Atlantica Sustainable Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Atlantica Sustainable and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Atlantica currently owns. An asset can also be divided into two categories, current and non-current.

Atlantica Sustainable Balance Sheet Chart

Atlantica Sustainable Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Atlantica Sustainable uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Atlantica Sustainable's Non Current Liabilities Total is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 1.1 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 5.3 B in 2024.

Total Assets

Total assets refers to the total amount of Atlantica Sustainable 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 Atlantica Sustainable 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.

Total Current Liabilities

Total Current Liabilities is an item on Atlantica Sustainable balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Atlantica Sustainable Infrastructure are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Atlantica Sustainable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlantica Sustainable 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 Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Atlantica Sustainable's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 13.67 in 2024, whereas Tax Provision is likely to drop slightly above 750.5 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense361.3M333.3M375.9M350.3M
Depreciation And Amortization470.3M507.2M415.4M332.9M

Atlantica Sustainable fundamental ratios Correlations

0.990.090.630.930.99-0.160.931.00.260.970.070.980.541.00.940.631.00.96-0.260.11-0.480.950.710.69-0.88
0.990.030.60.891.0-0.140.940.990.330.980.110.980.450.990.960.60.990.93-0.330.08-0.540.970.770.64-0.86
0.090.030.070.320.04-0.89-0.030.1-0.10.0-0.060.030.060.040.00.030.070.180.10.650.630.01-0.190.32-0.34
0.630.60.070.630.62-0.090.40.65-0.030.48-0.20.50.320.630.421.00.650.610.030.0-0.380.40.260.4-0.5
0.930.890.320.630.9-0.290.80.940.110.86-0.120.90.650.920.80.620.930.91-0.110.29-0.250.830.530.71-0.86
0.991.00.040.620.9-0.150.930.990.30.960.080.970.450.990.940.630.990.94-0.30.1-0.540.960.770.63-0.85
-0.16-0.14-0.89-0.09-0.29-0.15-0.1-0.16-0.22-0.11-0.09-0.10.18-0.1-0.14-0.07-0.12-0.160.22-0.49-0.4-0.12-0.04-0.170.3
0.930.94-0.030.40.80.93-0.10.910.480.990.280.960.430.940.990.410.910.83-0.48-0.07-0.520.960.720.63-0.82
1.00.990.10.650.940.99-0.160.910.230.960.040.980.560.990.920.651.00.96-0.230.13-0.470.940.70.69-0.88
0.260.33-0.1-0.030.110.3-0.220.480.230.420.440.33-0.280.290.470.00.220.04-1.0-0.41-0.240.380.360.06-0.15
0.970.980.00.480.860.96-0.110.990.960.420.160.990.480.970.980.480.960.88-0.420.02-0.50.980.730.64-0.84
0.070.11-0.06-0.2-0.120.08-0.090.280.040.440.160.13-0.210.080.32-0.180.030.02-0.44-0.52-0.280.170.210.18-0.22
0.980.980.030.50.90.97-0.10.960.980.330.990.130.560.990.970.50.980.93-0.330.06-0.470.980.720.69-0.88
0.540.450.060.320.650.450.180.430.56-0.280.48-0.210.560.560.40.290.570.620.280.070.020.42-0.030.64-0.55
1.00.990.040.630.920.99-0.10.940.990.290.970.080.990.560.940.631.00.95-0.290.06-0.490.950.690.69-0.88
0.940.960.00.420.80.94-0.140.990.920.470.980.320.970.40.940.430.920.85-0.47-0.05-0.530.970.760.64-0.84
0.630.60.031.00.620.63-0.070.410.650.00.48-0.180.50.290.630.430.650.60.0-0.04-0.420.410.290.38-0.48
1.00.990.070.650.930.99-0.120.911.00.220.960.030.980.571.00.920.650.97-0.220.12-0.480.940.680.69-0.88
0.960.930.180.610.910.94-0.160.830.960.040.880.020.930.620.950.850.60.97-0.040.26-0.360.90.620.74-0.91
-0.26-0.330.10.03-0.11-0.30.22-0.48-0.23-1.0-0.42-0.44-0.330.28-0.29-0.470.0-0.22-0.040.410.24-0.38-0.36-0.060.15
0.110.080.650.00.290.1-0.49-0.070.13-0.410.02-0.520.060.070.06-0.05-0.040.120.260.410.410.110.090.06-0.21
-0.48-0.540.63-0.38-0.25-0.54-0.4-0.52-0.47-0.24-0.5-0.28-0.470.02-0.49-0.53-0.42-0.48-0.360.240.41-0.52-0.720.080.16
0.950.970.010.40.830.96-0.120.960.940.380.980.170.980.420.950.970.410.940.9-0.380.11-0.520.810.6-0.83
0.710.77-0.190.260.530.77-0.040.720.70.360.730.210.72-0.030.690.760.290.680.62-0.360.09-0.720.810.2-0.51
0.690.640.320.40.710.63-0.170.630.690.060.640.180.690.640.690.640.380.690.74-0.060.060.080.60.2-0.9
-0.88-0.86-0.34-0.5-0.86-0.850.3-0.82-0.88-0.15-0.84-0.22-0.88-0.55-0.88-0.84-0.48-0.88-0.910.15-0.210.16-0.83-0.51-0.9
Click cells to compare fundamentals

Atlantica Sustainable Account Relationship Matchups

Atlantica Sustainable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B9.9B9.8B9.1B8.7B9.1B
Short Long Term Debt Total5.6B6.2B6.1B5.6B5.5B5.3B
Other Current Liab33.6M54.3M33.6M24.4M92.2M96.8M
Total Current Liabilities973.4M483.3M824.4M519.0M607.8M782.9M
Total Stockholder Equity1.5B1.5B1.5B1.6B1.4B1.6B
Net Debt5.0B5.4B5.4B5.0B5.0B4.7B
Accounts Payable128.1M92.6M113.9M140.2M77.3M98.3M
Cash562.8M868.5M622.7M601.0M448.3M538.4M
Non Current Assets Total8.5B8.5B8.6B8.1B7.7B8.1B
Non Currrent Assets Other8.5B8.5T8.6T585.9B7.2B6.8B
Cash And Short Term Investments781.4M1.1B830.1M796.9M637.2M719.6M
Net Receivables317.6M331.7M307.1M200.3M273.8M276.7M
Liabilities And Stockholders Equity9.7B9.9B9.8B9.1B8.7B9.1B
Non Current Liabilities Total7.0B7.7B7.2B6.8B5.7B6.4B
Other Stockholder Equity1.7B1.0B872.0M986.6M736.6M1.1B
Total Liab7.9B8.2B8.0B7.3B6.3B7.2B
Total Current Assets1.1B1.4B1.2B1.0B982.2M1.0B
Accumulated Other Comprehensive Income1.9B878.5M1.1B999.2M1.0B1.4B
Short Term Debt811.1M336.0M676.4M343.2M421.4M579.0M
Intangible Assets8.2B8.2B8.0B7.5B7.2B7.6B
Other Liab1.9B1.4B1.5B1.5B1.7B1.7B
Property Plant And Equipment Net(8.5B)(8.5T)(8.6T)(585.9B)(7.2B)(7.6B)
Current Deferred Revenue565K416K542K11.2M16.9M17.8M
Other Assets1K153.4M183.1M239.5M215.5M204.7M
Long Term Debt4.8B5.9B5.4B5.2B5.0B5.0B
Common Stock Shares Outstanding101.1M103.4M114.5M118.5M116.2M108.7M
Short Term Investments218.6M200.1M207.4M195.9M188.9M169.0M
Inventory20.3M24.0M29.7M34.5M29.9M24.0M
Other Current Assets536.1M443.2B428.7B219.4M41.4M39.3M
Net Tangible Assets(5.6B)(5.5B)(4.9B)(4.3B)(4.9B)(5.2B)
Long Term Investments139.9M116.6M391.2M260.0M230.3M186.4M
Short Long Term Debt811.1M336.0M676.4M343.2M421.4M733.7M
Retained Earnings(385.5M)(373.5M)(398.7M)(397.5M)(351.5M)(369.1M)
Common Stock10.2M10.7M11.2M11.6M11.6M11.4M
Property Plant Equipment205.6M270.9M773.9M844.4M760.0M722.0M
Non Current Liabilities Other1.6B1.2B1.3B45.4M44.5M42.3M

Pair Trading with Atlantica Sustainable

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 Atlantica Sustainable 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 Atlantica Sustainable will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atlantica Stock

  0.92RNWWW ReNew Energy GlobalPairCorr

Moving against Atlantica Stock

  0.75BEP-PA Brookfield RenewablePairCorr
  0.74CEG Constellation Energy Corp Sell-off TrendPairCorr
  0.68VGAS Verde Clean Fuels Upward RallyPairCorr
  0.65ELLO Ellomay Capital Earnings Call TomorrowPairCorr
  0.49HTOOW Fusion Fuel GreenPairCorr
The ability to find closely correlated positions to Atlantica Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantica Sustainable 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 Atlantica Sustainable - 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 Atlantica Sustainable Infrastructure to buy it.
The correlation of Atlantica Sustainable 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 Atlantica Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantica Sustainable 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 Atlantica Sustainable 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 CorrelationCorrelation Matching
When determining whether Atlantica Sustainable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlantica Sustainable's 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 Atlantica Sustainable Infrastructure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlantica Sustainable Infrastructure Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Atlantica Stock analysis

When running Atlantica Sustainable's price analysis, check to measure Atlantica Sustainable's 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 Atlantica Sustainable is operating at the current time. Most of Atlantica Sustainable's value examination focuses on studying past and present price action to predict the probability of Atlantica Sustainable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantica Sustainable's price. Additionally, you may evaluate how the addition of Atlantica Sustainable to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Is Atlantica Sustainable's 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 Atlantica Sustainable. If investors know Atlantica 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 Atlantica Sustainable 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
1.224
Dividend Share
1.78
Earnings Share
0.37
Revenue Per Share
9.509
Quarterly Revenue Growth
0.009
The market value of Atlantica Sustainable is measured differently than its book value, which is the value of Atlantica that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantica Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Atlantica Sustainable's 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 Atlantica Sustainable's market value can be influenced by many factors that don't directly affect Atlantica Sustainable's 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 Atlantica Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantica Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantica Sustainable's 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.