Atlassian Capital Expenditures vs Net Income Analysis
TEAM Stock | USD 279.18 4.53 1.65% |
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 Capital Expenditures and its Net Income 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 closely tied with the direction of predictive economic indicators such as signals in nation.
Capital Expenditures vs Net Income
Capital Expenditures vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlassian Corp Plc Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Atlassian Corp's Capital Expenditures and Net Income is -0.71. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income 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 Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Atlassian Corp Plc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Atlassian Corp's Capital Expenditures and Net Income go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Atlassian Corp Plc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Atlassian Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Atlassian Corp Plc financial statement analysis. It represents the amount of money remaining after all of Atlassian Corp Plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 closely tied 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 13th of December 2024, Tax Provision is likely to grow to about 225.9 M, while Enterprise Value Multiple is likely to drop 492.20.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 25.8M | 30.1M | 34.1M | 28.4M | Depreciation And Amortization | 51.7M | 60.9M | 78.7M | 60.1M |
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 | 5.2B | 5.5B | |
Other Current Liab | 1.3B | 981.0M | 379.8M | 289.5M | 473.2M | 412.9M | |
Total Current Liabilities | 3.0B | 2.3B | 1.6B | 2.0B | 2.6B | 1.4B | |
Total Stockholder Equity | 575.3M | 294.9M | 335.6M | 654.7M | 1.0B | 582.9M | |
Property Plant And Equipment Net | 315.3M | 271.5M | 365.9M | 265.6M | 258.8M | 163.2M | |
Net Debt | (326.2M) | (313.9M) | (70.8M) | (820.2M) | (927.6M) | (881.2M) | |
Retained Earnings | (1.1B) | (1.8B) | (2.4B) | (2.5B) | (3.2B) | (3.0B) | |
Accounts Payable | 202.6M | 40.4M | 81.2M | 159.3M | 177.5M | 99.1M | |
Cash | 1.5B | 919.2M | 1.4B | 2.1B | 2.2B | 2.3B | |
Non Current Assets Total | 1.3B | 1.3B | 1.5B | 1.4B | 2.1B | 2.2B | |
Non Currrent Assets Other | 20.8M | 37.6M | 60.7M | 73.1M | 62.1M | 38.2M | |
Cash And Short Term Investments | 2.2B | 1.2B | 1.5B | 2.1B | 2.3B | 1.3B | |
Net Receivables | 113.5M | 183.4M | 308.1M | 477.7M | 628.0M | 659.5M | |
Good Will | 645.1M | 725.8M | 732.7M | 727.2M | 1.3B | 1.4B | |
Common Stock Shares Outstanding | 244.8M | 249.7M | 253.3M | 256.3M | 259.1M | 254.4M | |
Short Term Investments | 676.1M | 313.0M | 73.3M | 10M | 162.0M | 263.8M | |
Liabilities And Stockholders Equity | 3.9B | 2.9B | 3.4B | 4.1B | 5.2B | 5.5B | |
Other Current Assets | 569K | 224.7M | 130.3M | 146.1M | 109.3M | 58.3M | |
Total Liab | 3.3B | 2.7B | 3.0B | 3.5B | 4.2B | 4.4B | |
Total Current Assets | 2.6B | 1.6B | 1.9B | 2.7B | 3.1B | 1.6B | |
Accumulated Other Comprehensive Income | 1.1B | 1.5B | 2.2B | 34.0M | 25.3M | 24.0M | |
Intangible Assets | 129.7M | 124.6M | 100.8M | 69.1M | 299.1M | 314.0M | |
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 | 1.2B | 728.2M | |
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) | |
Current Deferred Revenue | 573.8M | 812.9M | 1.1B | 1.4B | 1.8B | 1.9B | |
Other Assets | 56.2M | 73.8M | 73.1M | 54.8M | 49.3M | 74.8M | |
Common Stock Total Equity | 23.5M | 24.2M | 24.7M | 25.2M | 28.9M | 23.5M | |
Non Current Liabilities Total | 300.0M | 340.4M | 1.4B | 1.4B | 1.6B | 1.6B | |
Inventory | 373.6M | 215.6M | 127.5M | (28.9M) | (33.3M) | (31.6M) | |
Other Stockholder Equity | 536.0M | 461.0M | 2.2B | 3.1B | 4.2B | 4.4B | |
Property Plant And Equipment Gross | 315.3M | 271.5M | 365.9M | 265.6M | 387.6M | 407.0M | |
Short Term Debt | 923.9M | 433.7M | 32.5M | 127.4M | 97.9M | 93.0M | |
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 | 263.4M | 169.5M | |
Non Current Liabilities Other | 2.2M | 2.6M | 812K | 31.2M | 39.9M | 41.9M | |
Net Invested Capital | 1.5B | 643.7M | 1.3B | 1.7B | 2.0B | 1.5B |
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Is Application Software 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 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 (1.51) | Revenue Per Share 17.587 | Quarterly Revenue Growth 0.215 | Return On Assets (0.02) |
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.