LNT Stock | | | USD 63.32 0.12 0.19% |
Alliant Energy financial indicator trend analysis is way more than just evaluating Alliant Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliant Energy Corp is a good investment. Please check the relationship between Alliant Energy Depreciation And Amortization and its Non Operating Income Net Other accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alliant Energy 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 board of governors.
Depreciation And Amortization vs Non Operating Income Net Other
Depreciation And Amortization vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alliant Energy Corp Depreciation And Amortization account and
Non Operating Income Net Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alliant Energy's Depreciation And Amortization and Non Operating Income Net Other is 0.63. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Alliant Energy Corp, assuming nothing else is changed. The correlation between historical values of Alliant Energy's Depreciation And Amortization and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Alliant Energy Corp are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Depreciation And Amortization i.e., Alliant Energy's Depreciation And Amortization and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Non Operating Income Net Other
Most indicators from Alliant Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alliant Energy 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alliant Energy 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 board of governors.
Discontinued Operations is likely to gain to about 1.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 538.7
M in 2024.
Alliant Energy fundamental ratios Correlations
Click cells to compare fundamentals
Alliant Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alliant Energy fundamental ratios Accounts
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Additional Tools for Alliant Stock Analysis
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measure Alliant Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alliant Energy is operating at the current time. Most of Alliant Energy's value examination focuses on studying past and present price action to
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