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 Total Assets and its Cash 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.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alliant Energy Corp Total Assets account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alliant Energy's Total Assets and Cash is 0.66. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash 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 Total Assets and Cash 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 Assets of Alliant Energy Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Alliant Energy's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Alliant Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Alliant Energy Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash
Cash refers to the most liquid asset of Alliant Energy Corp, which is listed under current asset account on Alliant Energy Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alliant Energy customers. The amounts must be unrestricted with restricted cash listed in a different Alliant Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
When running Alliant Energy's price analysis, check to
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
predict the probability of Alliant Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliant Energy's price. Additionally, you may evaluate how the addition of Alliant Energy to your portfolios can decrease your overall portfolio volatility.