Atlantica Total Stockholder Equity vs Common Stock Shares Outstanding Analysis

AY Stock  USD 22.13  0.01  0.05%   
Atlantica Sustainable financial indicator trend analysis is way more than just evaluating Atlantica Sustainable prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlantica Sustainable is a good investment. Please check the relationship between Atlantica Sustainable Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Total Stockholder Equity vs Common Stock Shares Outstanding

Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlantica Sustainable Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Atlantica Sustainable's Total Stockholder Equity and Common Stock Shares Outstanding is 0.54. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Atlantica Sustainable Infrastructure, assuming nothing else is changed. The correlation between historical values of Atlantica Sustainable's Total Stockholder Equity 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 Total Stockholder Equity of Atlantica Sustainable Infrastructure 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 Total Stockholder Equity i.e., Atlantica Sustainable's Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Atlantica Sustainable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlantica Sustainable 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 Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Atlantica Sustainable's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.18 in 2024, whereas Tax Provision is likely to drop slightly above 750.5 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense361.3M333.3M375.9M350.3M
Depreciation And Amortization421.2M436.4M418.3M317.0M

Atlantica Sustainable fundamental ratios Correlations

0.990.050.630.930.99-0.250.931.00.260.95-0.040.980.541.00.940.631.00.96-0.260.11-0.480.950.730.69-0.88
0.99-0.030.60.891.0-0.270.940.990.330.95-0.020.980.450.990.960.60.990.93-0.330.08-0.540.970.790.64-0.86
0.05-0.030.070.31-0.02-0.64-0.070.06-0.1-0.04-0.130.00.170.01-0.070.030.030.110.10.510.75-0.07-0.340.4-0.31
0.630.60.070.630.62-0.040.40.65-0.030.48-0.180.50.320.630.421.00.650.610.030.0-0.380.40.280.4-0.5
0.930.890.310.630.9-0.330.80.940.110.85-0.180.90.650.920.80.620.930.91-0.110.29-0.250.830.540.71-0.86
0.991.0-0.020.620.9-0.260.930.990.30.94-0.040.970.450.990.940.630.990.94-0.30.1-0.540.960.790.63-0.85
-0.25-0.27-0.64-0.04-0.33-0.26-0.29-0.25-0.47-0.240.02-0.230.29-0.22-0.31-0.03-0.21-0.170.47-0.37-0.22-0.28-0.27-0.150.33
0.930.94-0.070.40.80.93-0.290.910.480.980.140.960.430.940.990.410.910.83-0.48-0.07-0.520.960.730.63-0.82
1.00.990.060.650.940.99-0.250.910.230.94-0.060.980.560.990.920.651.00.96-0.230.13-0.470.940.710.69-0.88
0.260.33-0.1-0.030.110.3-0.470.480.230.430.190.33-0.280.290.470.00.220.04-1.0-0.41-0.240.380.340.06-0.15
0.950.95-0.040.480.850.94-0.240.980.940.430.00.980.520.970.970.480.940.86-0.43-0.03-0.480.950.690.64-0.82
-0.04-0.02-0.13-0.18-0.18-0.040.020.14-0.060.190.00.01-0.07-0.030.18-0.17-0.05-0.01-0.19-0.45-0.160.02-0.020.16-0.15
0.980.980.00.50.90.97-0.230.960.980.330.980.010.560.990.970.50.980.93-0.330.06-0.470.980.730.69-0.88
0.540.450.170.320.650.450.290.430.56-0.280.52-0.070.560.560.40.290.570.620.280.070.020.420.00.64-0.55
1.00.990.010.630.920.99-0.220.940.990.290.97-0.030.990.560.940.631.00.95-0.290.06-0.490.950.710.69-0.88
0.940.96-0.070.420.80.94-0.310.990.920.470.970.180.970.40.940.430.920.85-0.47-0.05-0.530.970.770.64-0.84
0.630.60.031.00.620.63-0.030.410.650.00.48-0.170.50.290.630.430.650.60.0-0.04-0.420.410.30.38-0.48
1.00.990.030.650.930.99-0.210.911.00.220.94-0.050.980.571.00.920.650.97-0.220.12-0.480.940.70.69-0.88
0.960.930.110.610.910.94-0.170.830.960.040.86-0.010.930.620.950.850.60.97-0.040.26-0.360.90.640.74-0.91
-0.26-0.330.10.03-0.11-0.30.47-0.48-0.23-1.0-0.43-0.19-0.330.28-0.29-0.470.0-0.22-0.040.410.24-0.38-0.34-0.060.15
0.110.080.510.00.290.1-0.37-0.070.13-0.41-0.03-0.450.060.070.06-0.05-0.040.120.260.410.410.110.090.06-0.21
-0.48-0.540.75-0.38-0.25-0.54-0.22-0.52-0.47-0.24-0.48-0.16-0.470.02-0.49-0.53-0.42-0.48-0.360.240.41-0.52-0.740.080.16
0.950.97-0.070.40.830.96-0.280.960.940.380.950.020.980.420.950.970.410.940.9-0.380.11-0.520.830.6-0.83
0.730.79-0.340.280.540.79-0.270.730.710.340.69-0.020.730.00.710.770.30.70.64-0.340.09-0.740.830.21-0.52
0.690.640.40.40.710.63-0.150.630.690.060.640.160.690.640.690.640.380.690.74-0.060.060.080.60.21-0.9
-0.88-0.86-0.31-0.5-0.86-0.850.33-0.82-0.88-0.15-0.82-0.15-0.88-0.55-0.88-0.84-0.48-0.88-0.910.15-0.210.16-0.83-0.52-0.9
Click cells to compare fundamentals

Atlantica Sustainable Account Relationship Matchups

Atlantica Sustainable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B9.9B9.8B9.1B8.7B9.1B
Short Long Term Debt Total5.6B6.2B6.1B5.6B5.5B5.3B
Other Current Liab33.6M40.7M34.3M44.6M47.5M42.3M
Total Current Liabilities973.4M483.3M824.4M519.0M607.8M782.9M
Total Stockholder Equity1.5B1.5B1.5B1.6B1.4B1.6B
Net Debt5.0B5.4B5.4B5.0B5.0B4.7B
Accounts Payable128.1M51.4M79.1M84.5M77.3M90.2M
Cash562.8M868.5M622.7M601.0M448.3M538.4M
Non Current Assets Total8.5B8.5B8.6B8.1B7.7B8.1B
Non Currrent Assets Other8.5B8.5T8.6T585.9B7.2B6.8B
Cash And Short Term Investments781.4M1.1B830.1M796.9M460.2M704.6M
Net Receivables317.6M319.7M227.3M125.4M273.8M262.6M
Liabilities And Stockholders Equity9.7B9.9B9.8B9.1B8.7B9.1B
Non Current Liabilities Total7.0B7.7B7.2B6.8B5.7B6.4B
Other Stockholder Equity1.7B1.0B872.0M986.6M736.6M1.1B
Total Liab7.9B8.2B8.0B7.3B6.3B7.2B
Total Current Assets1.1B1.4B1.2B1.0B982.2M1.0B
Accumulated Other Comprehensive Income1.9B878.5M1.1B999.2M1.0B1.4B
Short Term Debt811.1M336.0M676.4M343.2M421.4M579.0M
Intangible Assets8.2B8.2B8.0B7.5B7.2B7.6B
Other Liab1.9B1.4B1.5B1.5B1.7B1.7B
Property Plant And Equipment Net(8.5B)(8.5T)(8.6T)(585.9B)(7.2B)(7.6B)
Current Deferred Revenue565K416K542K11.2M16.9M17.8M
Other Assets1K153.4M183.1M239.5M215.5M204.7M
Long Term Debt4.8B5.9B5.4B5.2B5.0B5.0B
Common Stock Shares Outstanding101.1M103.4M111.0M114.7M116.2M108.1M
Short Term Investments218.6M200.1M207.4M195.9M188.9M169.0M
Inventory20.3M24.0M29.7M34.5M29.9M24.0M
Other Current Assets536.1M12.1M287.2M270.8M41.4M39.3M
Net Tangible Assets(5.6B)(5.5B)(4.9B)(4.3B)(4.9B)(5.2B)
Long Term Investments139.9M116.6M391.2M260.0M230.3M186.4M
Short Long Term Debt811.1M336.0M676.4M343.2M421.4M733.7M
Retained Earnings(385.5M)(373.5M)(398.7M)(397.5M)(351.5M)(369.1M)
Common Stock10.2M10.7M11.2M11.6M11.6M11.4M
Property Plant Equipment205.6M270.9M773.9M844.4M760.0M722.0M
Non Current Liabilities Other1.6B1.2B1.3B45.4M44.5M42.3M

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