Alliant Total Current Liabilities vs Total Assets 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 Total Assets 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 Total Assets

Total Current Liabilities vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alliant Energy's Total Current Liabilities and Total Assets is 0.76. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Alliant Energy's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
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.

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.
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
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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

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