AMT Stock | | | USD 204.31 1.50 0.74% |
American Tower financial indicator trend analysis is way more than just evaluating American Tower Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Tower Corp is a good investment. Please check the relationship between American Tower Short Long Term Debt Total and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Short Long Term Debt Total vs Retained Earnings
Short Long Term Debt Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Tower Corp Short Long Term Debt Total account and
Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between American Tower's Short Long Term Debt Total and Retained Earnings is -0.7. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of American Tower Corp, assuming nothing else is changed. The correlation between historical values of American Tower's Short Long Term Debt Total and Retained Earnings 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 Long Term Debt Total of American Tower Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Long Term Debt Total i.e., American Tower's Short Long Term Debt Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Long Term Debt Total
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from American Tower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Tower Corp 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 American Tower Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, American Tower's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 90.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
American Tower fundamental ratios Correlations
Click cells to compare fundamentals
American Tower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Tower fundamental ratios Accounts
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