Atlassian Current Deferred Revenue vs Property Plant Equipment Analysis
TEAM Stock | USD 179.84 0.12 0.07% |
Atlassian Corp financial indicator trend analysis is way more than just evaluating Atlassian Corp Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlassian Corp Plc is a good investment. Please check the relationship between Atlassian Corp Current Deferred Revenue and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Current Deferred Revenue vs Property Plant Equipment
Current Deferred Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlassian Corp Plc Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Atlassian Corp's Current Deferred Revenue and Property Plant Equipment is 0.78. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Atlassian Corp Plc, assuming nothing else is changed. The correlation between historical values of Atlassian Corp's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Atlassian Corp Plc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Atlassian Corp's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Property Plant Equipment
Most indicators from Atlassian Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlassian Corp Plc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Atlassian Corp's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Tax Provision is likely to grow to about 212.1 M, though Enterprise Value Over EBITDA is likely to grow to (209.35).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3B | 2.9B | 3.3B | 3.5B | Total Revenue | 2.8B | 3.5B | 4.1B | 4.3B |
Atlassian Corp fundamental ratios Correlations
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Atlassian Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atlassian Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 2.9B | 3.4B | 4.1B | 4.7B | 5.0B | |
Other Current Liab | 1.3B | 839.3M | 82.5M | 423.1M | 486.6M | 370.9M | |
Total Current Liabilities | 3.0B | 2.3B | 1.6B | 2.0B | 2.3B | 1.3B | |
Retained Earnings | (1.1B) | (1.8B) | (2.4B) | (2.5B) | (2.3B) | (2.1B) | |
Accounts Payable | 202.6M | 266.5M | 404.9M | 159.3M | 183.2M | 145.3M | |
Cash | 1.5B | 919.2M | 1.4B | 2.1B | 2.4B | 2.5B | |
Net Receivables | 113.5M | 175.8M | 308.7M | 477.7M | 549.3M | 576.8M | |
Good Will | 645.1M | 725.8M | 732.7M | 727.2M | 836.3M | 878.1M | |
Common Stock Shares Outstanding | 244.8M | 249.7M | 253.3M | 256.3M | 294.8M | 251.6M | |
Short Term Investments | 676.1M | 313.0M | 73.3M | 10M | 11.5M | 10.9M | |
Other Current Assets | 569K | 3.9M | 4.5M | 146.1M | 168.1M | 176.5M | |
Total Liab | 3.3B | 2.7B | 3.0B | 3.5B | 4.0B | 4.2B | |
Total Current Assets | 2.6B | 1.6B | 1.9B | 2.7B | 3.1B | 3.3B | |
Common Stock | 24.7M | 25.2M | 25.5M | 3K | 2.7K | 2.6K | |
Short Long Term Debt Total | 1.2B | 605.3M | 1.3B | 1.3B | 1.5B | 1.5B | |
Total Stockholder Equity | 575.3M | 294.9M | 335.6M | 654.7M | 752.9M | 578.6M | |
Other Liab | 70.2M | 126.3M | 157.7M | 224.6M | 258.3M | 271.2M | |
Net Tangible Assets | (199.5M) | (555.4M) | (497.9M) | (141.6M) | (127.4M) | (121.1M) | |
Property Plant And Equipment Net | 315.3M | 271.5M | 365.9M | 265.6M | 305.4M | 166.0M | |
Current Deferred Revenue | 573.8M | 812.9M | 1.1B | 1.4B | 1.6B | 1.6B | |
Net Debt | (326.2M) | (313.9M) | (70.8M) | (820.2M) | (738.2M) | (701.3M) | |
Non Current Assets Total | 1.3B | 1.3B | 1.5B | 1.4B | 1.6B | 888.0M | |
Non Currrent Assets Other | 20.8M | 37.6M | 60.7M | 73.1M | 84.0M | 88.2M | |
Other Assets | 56.2M | 73.8M | 73.1M | 54.8M | 49.3M | 74.8M | |
Cash And Short Term Investments | 2.2B | 1.2B | 1.5B | 2.1B | 2.4B | 1.3B | |
Common Stock Total Equity | 23.5M | 24.2M | 24.7M | 25.2M | 28.9M | 23.5M | |
Liabilities And Stockholders Equity | 3.9B | 2.9B | 3.4B | 4.1B | 4.7B | 2.5B | |
Non Current Liabilities Total | 300.0M | 340.4M | 1.4B | 1.4B | 1.6B | 1.7B | |
Other Stockholder Equity | 536.0M | 565.8M | 514.9M | 3.1B | 3.6B | 3.8B | |
Property Plant And Equipment Gross | 315.3M | 271.5M | 365.9M | 265.6M | 305.4M | 166.0M | |
Accumulated Other Comprehensive Income | 1.1B | 1.5B | 2.2B | 34.0M | 39.1M | 37.1M | |
Short Term Debt | 923.9M | 391.2M | 40.6M | 82.4M | 94.8M | 90.1M | |
Intangible Assets | 129.7M | 124.6M | 100.8M | 69.1M | 79.4M | 89.5M | |
Property Plant Equipment | 315.3M | 271.5M | 365.9M | 265.6M | 305.4M | 166.0M | |
Capital Lease Obligations | 264.6M | 256.5M | 315.1M | 282.8M | 325.2M | 341.4M | |
Inventory | 373.6M | 215.6M | 127.5M | (28.9M) | (33.3M) | (31.6M) | |
Non Current Liabilities Other | 2.2M | 2.6M | 812K | 31.2M | 35.9M | 37.6M | |
Net Invested Capital | 1.5B | 643.7M | 1.3B | 1.7B | 1.9B | 1.4B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Atlassian Corp Plc information on this page should be used as a complementary analysis to other Atlassian Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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Is Atlassian Corp'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 Atlassian Corp. If investors know Atlassian 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 Atlassian Corp 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 1.722 | Earnings Share (0.63) | Revenue Per Share 16.123 | Quarterly Revenue Growth 0.299 | Return On Assets (0.01) |
The market value of Atlassian Corp Plc is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlassian Corp'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 Atlassian Corp's market value can be influenced by many factors that don't directly affect Atlassian Corp'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 Atlassian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlassian Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Corp'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.