Atlassian Net Debt vs Common Stock Shares Outstanding Analysis
TEAM Stock | USD 179.75 0.10 0.06% |
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 Net Debt and its Common Stock Shares Outstanding 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.
Net Debt vs Common Stock Shares Outstanding
Net Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlassian Corp Plc Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Atlassian Corp's Net Debt and Common Stock Shares Outstanding is -0.69. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Net Debt and Common Stock Shares Outstanding 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 Debt of Atlassian Corp Plc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Atlassian Corp's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 10th 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
Click cells to compare fundamentals
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 |
Currently Active Assets on Macroaxis
When determining whether Atlassian Corp Plc is a strong investment it is important to analyze Atlassian Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlassian Corp's future performance. For an informed investment choice regarding Atlassian Stock, refer to the following important reports: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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Atlassian Stock analysis
When running Atlassian Corp's price analysis, check to measure Atlassian Corp'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 Atlassian Corp is operating at the current time. Most of Atlassian Corp's value examination focuses on studying past and present price action to predict the probability of Atlassian Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlassian Corp's price. Additionally, you may evaluate how the addition of Atlassian Corp to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Stocks Directory Find actively traded stocks across global markets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |
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.