Atlassian Short Term Debt vs Net Working Capital Analysis

TEAM Stock  USD 262.46  0.23  0.09%   
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 Short Term Debt and its Net Working Capital 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.

Short Term Debt vs Net Working Capital

Short Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlassian Corp Plc Short Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Atlassian Corp's Short Term Debt and Net Working Capital is -0.67. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Working Capital 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 Short Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Atlassian Corp Plc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Term Debt i.e., Atlassian Corp's Short Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Short Term Debt

Net Working Capital

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 28th of November 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 Expense25.8M30.1M34.1M28.4M
Depreciation And Amortization51.7M60.9M78.7M60.1M

Atlassian Corp fundamental ratios Correlations

0.590.840.610.78-0.82-0.910.820.970.970.550.890.880.970.930.360.540.990.910.85-0.680.880.86-0.510.92-0.16
0.590.890.120.67-0.21-0.450.610.480.550.030.620.260.550.620.610.370.640.640.46-0.070.60.2-0.70.35-0.43
0.840.890.410.84-0.54-0.740.830.770.790.310.870.590.790.850.480.560.870.90.64-0.410.850.53-0.70.66-0.39
0.610.120.410.3-0.71-0.380.750.60.550.480.70.460.540.450.530.090.50.670.55-0.550.50.650.250.480.51
0.780.670.840.3-0.38-0.810.630.720.790.430.760.640.730.840.250.730.830.810.49-0.390.860.56-0.730.71-0.26
-0.82-0.21-0.54-0.71-0.380.72-0.7-0.87-0.77-0.58-0.74-0.83-0.79-0.68-0.18-0.35-0.77-0.74-0.740.82-0.62-0.870.12-0.820.02
-0.91-0.45-0.74-0.38-0.810.72-0.58-0.88-0.95-0.49-0.72-0.96-0.94-0.9-0.02-0.73-0.93-0.77-0.790.68-0.8-0.80.66-0.980.33
0.820.610.830.750.63-0.7-0.580.820.710.460.950.550.70.730.580.190.790.930.61-0.510.840.64-0.250.6-0.06
0.970.480.770.60.72-0.87-0.880.820.920.670.90.880.920.910.250.490.960.910.78-0.70.90.92-0.450.91-0.17
0.970.550.790.550.79-0.77-0.950.710.920.480.80.920.990.930.260.620.970.830.9-0.670.810.84-0.580.96-0.16
0.550.030.310.480.43-0.58-0.490.460.670.480.650.490.470.6-0.040.430.530.620.28-0.290.680.83-0.140.510.18
0.890.620.870.70.76-0.74-0.720.950.90.80.650.650.780.850.480.440.880.990.62-0.540.940.78-0.390.71-0.09
0.880.260.590.460.64-0.83-0.960.550.880.920.490.650.920.81-0.050.590.880.70.82-0.790.70.84-0.460.99-0.24
0.970.550.790.540.73-0.79-0.940.70.920.990.470.780.920.920.250.580.960.810.93-0.670.790.84-0.570.95-0.2
0.930.620.850.450.84-0.68-0.90.730.910.930.60.850.810.920.180.690.950.880.75-0.550.910.82-0.710.86-0.23
0.360.610.480.530.25-0.18-0.020.580.250.26-0.040.48-0.050.250.18-0.140.30.430.29-0.010.260.10.090.030.27
0.540.370.560.090.73-0.35-0.730.190.490.620.430.440.590.580.69-0.140.60.510.35-0.360.550.52-0.70.63-0.22
0.990.640.870.50.83-0.77-0.930.790.960.970.530.880.880.960.950.30.60.90.82-0.640.90.83-0.630.92-0.28
0.910.640.90.670.81-0.74-0.770.930.910.830.620.990.70.810.880.430.510.90.64-0.560.950.77-0.460.75-0.16
0.850.460.640.550.49-0.74-0.790.610.780.90.280.620.820.930.750.290.350.820.64-0.610.580.72-0.40.85-0.12
-0.68-0.07-0.41-0.55-0.390.820.68-0.51-0.7-0.67-0.29-0.54-0.79-0.67-0.55-0.01-0.36-0.64-0.56-0.61-0.48-0.680.13-0.760.04
0.880.60.850.50.86-0.62-0.80.840.90.810.680.940.70.790.910.260.550.90.950.58-0.480.77-0.590.75-0.24
0.860.20.530.650.56-0.87-0.80.640.920.840.830.780.840.840.820.10.520.830.770.72-0.680.77-0.270.860.09
-0.51-0.7-0.70.25-0.730.120.66-0.25-0.45-0.58-0.14-0.39-0.46-0.57-0.710.09-0.7-0.63-0.46-0.40.13-0.59-0.27-0.520.67
0.920.350.660.480.71-0.82-0.980.60.910.960.510.710.990.950.860.030.630.920.750.85-0.760.750.86-0.52-0.23
-0.16-0.43-0.390.51-0.260.020.33-0.06-0.17-0.160.18-0.09-0.24-0.2-0.230.27-0.22-0.28-0.16-0.120.04-0.240.090.67-0.23
Click cells to compare fundamentals

Atlassian Corp Account Relationship Matchups

Atlassian Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B2.9B3.4B4.1B5.2B5.5B
Other Current Liab1.3B981.0M379.8M289.5M473.2M412.9M
Total Current Liabilities3.0B2.3B1.6B2.0B2.6B1.4B
Total Stockholder Equity575.3M294.9M335.6M654.7M1.0B582.9M
Property Plant And Equipment Net315.3M271.5M365.9M265.6M258.8M163.2M
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 Payable202.6M40.4M81.2M159.3M177.5M99.1M
Cash1.5B919.2M1.4B2.1B2.2B2.3B
Non Current Assets Total1.3B1.3B1.5B1.4B2.1B2.2B
Non Currrent Assets Other20.8M37.6M60.7M73.1M62.1M38.2M
Cash And Short Term Investments2.2B1.2B1.5B2.1B2.3B1.3B
Net Receivables113.5M183.4M308.1M477.7M628.0M659.5M
Good Will645.1M725.8M732.7M727.2M1.3B1.4B
Common Stock Shares Outstanding244.8M249.7M253.3M256.3M259.1M254.4M
Short Term Investments676.1M313.0M73.3M10M162.0M263.8M
Liabilities And Stockholders Equity3.9B2.9B3.4B4.1B5.2B5.5B
Other Current Assets569K224.7M130.3M146.1M109.3M58.3M
Total Liab3.3B2.7B3.0B3.5B4.2B4.4B
Total Current Assets2.6B1.6B1.9B2.7B3.1B1.6B
Accumulated Other Comprehensive Income1.1B1.5B2.2B34.0M25.3M24.0M
Intangible Assets129.7M124.6M100.8M69.1M299.1M314.0M
Common Stock24.7M25.2M25.5M3K2.7K2.6K
Short Long Term Debt Total1.2B605.3M1.3B1.3B1.2B728.2M
Other Liab70.2M126.3M157.7M224.6M258.3M271.2M
Net Tangible Assets(199.5M)(555.4M)(497.9M)(141.6M)(127.4M)(121.1M)
Current Deferred Revenue573.8M812.9M1.1B1.4B1.8B1.9B
Other Assets56.2M73.8M73.1M54.8M49.3M74.8M
Common Stock Total Equity23.5M24.2M24.7M25.2M28.9M23.5M
Non Current Liabilities Total300.0M340.4M1.4B1.4B1.6B1.6B
Inventory373.6M215.6M127.5M(28.9M)(33.3M)(31.6M)
Other Stockholder Equity536.0M461.0M2.2B3.1B4.2B4.4B
Property Plant And Equipment Gross315.3M271.5M365.9M265.6M387.6M407.0M
Short Term Debt923.9M433.7M32.5M127.4M97.9M93.0M
Property Plant Equipment315.3M271.5M365.9M265.6M305.4M166.0M
Capital Lease Obligations264.6M256.5M315.1M282.8M263.4M169.5M
Non Current Liabilities Other2.2M2.6M812K31.2M39.9M41.9M
Net Invested Capital1.5B643.7M1.3B1.7B2.0B1.5B

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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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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
(1.52)
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.