Atlanticus Accounts Payable vs Common Stock Shares Outstanding Analysis

ATLC Stock  USD 58.73  1.51  2.64%   
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 Accounts Payable and its Common Stock Shares Outstanding 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 closely tied 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.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlanticus Holdings Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Atlanticus Holdings' Accounts Payable and Common Stock Shares Outstanding is -0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding 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' Accounts Payable 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 Accounts Payable of Atlanticus Holdings 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 Accounts Payable i.e., Atlanticus Holdings' Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Atlanticus Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Atlanticus Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 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 closely tied 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. The current year's Enterprise Value Over EBITDA is expected to grow to 12.61, whereas Selling General Administrative is forecasted to decline to about 43.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense54.1M81.9M109.3M114.8M
Depreciation And Amortization444.9M4.8M4.0M3.8M

Atlanticus Holdings fundamental ratios Correlations

0.910.360.990.880.97-0.19-0.94-0.140.970.90.17-0.221.00.540.84-0.21-0.41-0.910.470.88-0.130.340.460.990.27
0.910.340.880.890.94-0.16-0.94-0.150.940.880.28-0.340.90.580.78-0.2-0.34-0.880.430.85-0.290.30.370.90.38
0.360.340.370.270.320.37-0.37-0.190.320.31-0.260.030.360.920.370.110.19-0.210.240.28-0.35-0.050.170.330.16
0.990.880.370.850.94-0.22-0.91-0.170.940.90.12-0.221.00.530.85-0.2-0.44-0.890.440.88-0.080.320.50.990.27
0.880.890.270.850.86-0.09-0.89-0.270.860.730.54-0.540.850.430.810.06-0.3-0.710.710.68-0.310.050.090.860.36
0.970.940.320.940.86-0.14-0.95-0.061.00.920.2-0.160.970.560.77-0.31-0.34-0.940.430.91-0.210.440.40.950.29
-0.19-0.160.37-0.22-0.09-0.140.20.05-0.14-0.350.020.0-0.20.24-0.20.340.880.40.03-0.33-0.28-0.27-0.5-0.3-0.04
-0.94-0.94-0.37-0.91-0.89-0.950.20.27-0.95-0.87-0.20.22-0.93-0.59-0.870.110.360.88-0.45-0.850.16-0.23-0.38-0.92-0.43
-0.14-0.15-0.19-0.17-0.27-0.060.050.27-0.06-0.130.010.28-0.14-0.06-0.66-0.740.02-0.02-0.15-0.13-0.110.710.05-0.14-0.83
0.970.940.320.940.861.0-0.14-0.95-0.060.920.2-0.160.970.560.77-0.31-0.34-0.940.430.91-0.210.440.40.950.29
0.90.880.310.90.730.92-0.35-0.87-0.130.920.12-0.160.920.530.77-0.42-0.52-0.960.340.99-0.210.510.530.920.43
0.170.28-0.260.120.540.20.02-0.20.010.20.12-0.760.13-0.190.120.08-0.02-0.070.730.06-0.5-0.04-0.490.150.16
-0.22-0.340.03-0.22-0.54-0.160.00.220.28-0.16-0.16-0.76-0.190.05-0.32-0.280.150.05-0.47-0.10.390.270.35-0.22-0.32
1.00.90.361.00.850.97-0.2-0.93-0.140.970.920.13-0.190.540.84-0.24-0.42-0.920.430.9-0.10.360.490.990.28
0.540.580.920.530.430.560.24-0.59-0.060.560.53-0.190.050.540.44-0.120.05-0.480.230.5-0.370.20.290.510.17
0.840.780.370.850.810.77-0.2-0.87-0.660.770.770.12-0.320.840.440.24-0.34-0.690.440.75-0.03-0.130.330.840.66
-0.21-0.20.11-0.20.06-0.310.340.11-0.74-0.31-0.420.08-0.28-0.24-0.120.240.390.510.16-0.440.07-0.98-0.43-0.250.37
-0.41-0.340.19-0.44-0.3-0.340.880.360.02-0.34-0.52-0.020.15-0.420.05-0.340.390.56-0.07-0.5-0.26-0.36-0.43-0.51-0.04
-0.91-0.88-0.21-0.89-0.71-0.940.40.88-0.02-0.94-0.96-0.070.05-0.92-0.48-0.690.510.56-0.27-0.960.08-0.6-0.57-0.93-0.25
0.470.430.240.440.710.430.03-0.45-0.150.430.340.73-0.470.430.230.440.16-0.07-0.270.26-0.53-0.09-0.250.450.19
0.880.850.280.880.680.91-0.33-0.85-0.130.910.990.06-0.10.90.50.75-0.44-0.5-0.960.26-0.140.540.550.90.44
-0.13-0.29-0.35-0.08-0.31-0.21-0.280.16-0.11-0.21-0.21-0.50.39-0.1-0.37-0.030.07-0.260.08-0.53-0.14-0.090.24-0.1-0.14
0.340.3-0.050.320.050.44-0.27-0.230.710.440.51-0.040.270.360.2-0.13-0.98-0.36-0.6-0.090.54-0.090.420.37-0.32
0.460.370.170.50.090.4-0.5-0.380.050.40.53-0.490.350.490.290.33-0.43-0.43-0.57-0.250.550.240.420.5-0.01
0.990.90.330.990.860.95-0.3-0.92-0.140.950.920.15-0.220.990.510.84-0.25-0.51-0.930.450.9-0.10.370.50.27
0.270.380.160.270.360.29-0.04-0.43-0.830.290.430.16-0.320.280.170.660.37-0.04-0.250.190.44-0.14-0.32-0.010.27
Click cells to compare fundamentals

Atlanticus Holdings Account Relationship Matchups

Atlanticus Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets936.3M1.2B1.9B2.4B2.7B2.8B
Total Stockholder Equity40.9M117.3M328.0M366.4M434.7M230.1M
Property Plant And Equipment Net16.8M11.4M11.4M21.8M22.8M18.9M
Net Debt664.0M745.6M1.0B1.4B1.6B1.7B
Retained Earnings(211.8M)(117.7M)60.2M204.4M307.3M322.6M
Cash135.5M178.1M409.7M385.0M383.7M402.8M
Non Current Assets Total18.8M12.8M11.4M11.8M22.8M21.6M
Non Currrent Assets Other(18.8M)(12.8M)(1.9B)(2.4B)(2.2B)(2.1B)
Other Assets782.0M1.0B1.5B(1.7B)27.9M26.5M
Cash And Short Term Investments135.5M178.1M409.7M385.0M383.7M402.8M
Net Receivables1.5B1.9B2.8B3.7B2.3B2.4B
Common Stock Shares Outstanding15.3M20.1M20.9M19.4M18.9M25.1M
Liabilities And Stockholders Equity936.3M1.2B1.9B2.4B2.7B2.8B
Other Stockholder Equity123.3M195.0M227.8M122.0M87.4M153.0M
Total Liab895.9M1.1B1.6B2.0B2.2B2.3B
Property Plant And Equipment Gross16.8M11.4M27.4M26.4M29.7M19.8M
Total Current Assets135.5M178.1M409.7M4.1B2.7B2.8B
Other Current Liab(685.1M)(859.8M)(1.3B)60.7M(60.5M)(63.5M)
Other Current Assets(176.4M)(259.0M)(506.6M)(433.2M)(383.7M)(364.5M)
Property Plant Equipment2.7M11.4M7.3M10.0M9.0M17.6M
Short Long Term Debt Total1.5B1.8B2.7B3.5B2.0B2.1B
Accounts Payable41.6M41.7M42.3M44.3M61.6M52.1M
Non Current Liabilities Total799.5M923.7M1.4B160.6M223.9M371.7M
Long Term Debt773.3M909.9M1.4B1.8B2.0B2.1B
Total Current Liabilities41.6M41.7M42.3M1.8B147.5M140.1M
Current Deferred Revenue(90.3M)(39.5M)(29.3M)(16.2M)(14.6M)(13.8M)
Short Term Debt775.4M899.3M1.3B1.7B1.9B2.0B
Net Tangible Assets90.0M77.3M427.6M466.4M536.3M563.1M
Noncontrolling Interest In Consolidated Entity(571K)(774K)(500K)(1.4M)(1.2M)(1.2M)
Retained Earnings Total Equity(211.8M)(117.7M)60.2M204.4M235.1M246.8M
Long Term Debt Total773.3M907.0M1.4B1.8B2.1B2.2B
Capital Surpluse212.7M195.0M227.8M122.0M109.8M168.8M
Inventory(1.4B)(1.6B)(2.3B)433.2M389.9M409.4M
Long Term Investments727.9M1.4M1.4B1.9B2.2B2.3B
Non Current Liabilities Other26.2M16.7M4.8M20.1M18.1M17.2M

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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:
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 closely tied 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Consumer Finance space 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
0.23
Earnings Share
4.45
Revenue Per Share
25.457
Quarterly Revenue Growth
0.134
Return On Assets
0.0374
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.