Alliant Total Current Liabilities vs Net Debt Analysis

LNT Stock  USD 63.50  0.30  0.47%   
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 Current Liabilities and its Net Debt 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 Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alliant Energy Corp Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alliant Energy's Total Current Liabilities and Net Debt is 0.75. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Current Liabilities and Net Debt 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 Current Liabilities of Alliant Energy Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Alliant Energy's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Alliant Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alliant Energy Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.7B1.1B1.4B
Total Revenue3.7B4.2B4.0B2.6B

Alliant Energy fundamental ratios Correlations

0.650.530.470.670.820.63-0.450.530.620.750.150.640.560.150.630.490.690.850.360.380.640.490.830.350.52
0.650.980.080.760.831.00.170.981.00.730.661.00.920.660.480.930.990.77-0.10.91.00.960.760.790.93
0.530.98-0.060.740.80.990.31.00.990.690.690.990.90.690.430.950.970.71-0.230.950.980.980.690.820.94
0.470.08-0.060.240.090.06-0.43-0.060.040.2-0.140.070.08-0.14-0.05-0.010.080.250.76-0.210.08-0.10.28-0.060.0
0.670.760.740.240.870.780.080.750.760.830.270.760.580.270.230.770.720.78-0.060.640.750.730.640.770.81
0.820.830.80.090.870.84-0.010.80.830.820.330.830.670.330.50.750.830.87-0.120.750.820.770.750.610.79
0.631.00.990.060.780.840.180.991.00.730.641.00.90.640.450.940.990.76-0.150.910.990.960.730.80.94
-0.450.170.3-0.430.08-0.010.180.30.210.030.340.180.220.34-0.150.270.110.0-0.550.440.170.36-0.10.190.25
0.530.981.0-0.060.750.80.990.30.990.690.680.990.90.680.430.950.970.71-0.230.950.980.980.690.820.95
0.621.00.990.040.760.831.00.210.990.730.661.00.910.660.460.940.990.76-0.150.921.00.970.740.80.94
0.750.730.690.20.830.820.730.030.690.730.190.730.610.190.440.680.740.90.050.520.740.690.790.580.72
0.150.660.69-0.140.270.330.640.340.680.660.190.660.771.00.240.570.640.3-0.180.680.660.660.430.50.54
0.641.00.990.070.760.831.00.180.991.00.730.660.920.660.460.940.990.76-0.120.911.00.960.750.790.93
0.560.920.90.080.580.670.90.220.90.910.610.770.920.770.550.870.920.720.020.820.930.880.770.670.85
0.150.660.69-0.140.270.330.640.340.680.660.191.00.660.770.240.570.640.3-0.180.680.660.660.430.50.54
0.630.480.43-0.050.230.50.45-0.150.430.460.440.240.460.550.240.340.530.670.30.390.490.470.80.260.35
0.490.930.95-0.010.770.750.940.270.950.940.680.570.940.870.570.340.910.66-0.220.880.930.940.610.841.0
0.690.990.970.080.720.830.990.110.970.990.740.640.990.920.640.530.910.79-0.070.880.990.940.790.740.9
0.850.770.710.250.780.870.760.00.710.760.90.30.760.720.30.670.660.790.220.590.780.720.930.550.69
0.36-0.1-0.230.76-0.06-0.12-0.15-0.55-0.23-0.150.05-0.18-0.120.02-0.180.3-0.22-0.070.22-0.4-0.08-0.230.38-0.12-0.22
0.380.90.95-0.210.640.750.910.440.950.920.520.680.910.820.680.390.880.880.59-0.40.890.950.550.730.87
0.641.00.980.080.750.820.990.170.981.00.740.661.00.930.660.490.930.990.78-0.080.890.960.770.790.93
0.490.960.98-0.10.730.770.960.360.980.970.690.660.960.880.660.470.940.940.72-0.230.950.960.710.820.93
0.830.760.690.280.640.750.73-0.10.690.740.790.430.750.770.430.80.610.790.930.380.550.770.710.530.63
0.350.790.82-0.060.770.610.80.190.820.80.580.50.790.670.50.260.840.740.55-0.120.730.790.820.530.84
0.520.930.940.00.810.790.940.250.950.940.720.540.930.850.540.351.00.90.69-0.220.870.930.930.630.84
Click cells to compare fundamentals

Alliant Energy Account Relationship Matchups

Alliant Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding238.5M248.7M250.7M251.2M253.3M179.6M
Total Assets16.7B17.7B18.6B20.2B22.0B23.1B
Short Long Term Debt Total6.5B7.2B7.9B8.7B9.7B10.2B
Other Current Liab1.1B454M409M549M317M521.5M
Total Current Liabilities2.1B1.3B2.1B2.4B2.3B1.3B
Total Stockholder Equity5.2B5.7B6.0B6.3B6.8B3.4B
Property Plant And Equipment Net13.5B14.3B15.0B16.2B17.2B18.0B
Net Debt6.5B7.1B7.8B8.7B9.6B10.1B
Retained Earnings2.8B3.0B3.3B3.5B3.8B3.9B
Accounts Payable422.3M377M436M756M611M373.9M
Cash16.3M54M39M20M62M86.8M
Non Current Assets Total15.8B16.8B17.5B18.9B20.7B21.8B
Non Currrent Assets Other1.8B2.0B2.0B2.1B3.0B3.1B
Cash And Short Term Investments16.3M54M39M20M62M86.8M
Net Receivables214.4M353M387M407M422M330.6M
Common Stock Total Equity2.4M2.5M2M3M3.5M3.6M
Liabilities And Stockholders Equity16.7B17.7B18.6B20.2B22.0B23.1B
Non Current Liabilities Total9.2B10.5B10.5B11.5B12.2B12.8B
Inventory227.3M217M246M325M343M206.7M
Other Current Assets859.2M263M397M498M445M557.0M
Other Stockholder Equity2.2B2.7B2.7B2.8B3.0B3.2B
Total Liab11.3B11.8B12.6B13.9B15.2B16.0B
Property Plant And Equipment Gross13.5B14.3B20.6B22.3B23.4B24.6B
Total Current Assets875.5M887M1.1B1.3B1.3B1.0B
Accumulated Other Comprehensive Income1.3M(1M)200M(13M)1M1.1M
Short Term Debt994.6M399M1.2B1.1B1.3B1.4B
Common Stock2.4M2.5M2M3M3.5M3.3M
Other Liab3.7B3.8B3.8B3.7B4.3B2.2B
Other Assets1.8B2.5M3.0B3.3B3.8B4.0B
Long Term Debt5.5B6.8B6.7B7.7B8.2B8.6B
Property Plant Equipment13.5B14.3B15.0B16.2B18.7B19.6B
Retained Earnings Total Equity2.8B3.0B3.3B3.5B4.0B2.1B
Deferred Long Term Liab1.8B2.0B1.9B2.0B2.3B1.6B
Net Tangible Assets5.2B5.7B6.0B6.3B7.2B5.1B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.