Atlassian Net Receivables vs Long Term Debt Analysis

TEAM Stock  USD 258.95  4.98  1.96%   
Atlassian Corp financial indicator trend analysis is way more than just evaluating Atlassian Corp Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlassian Corp Plc is a good investment. Please check the relationship between Atlassian Corp Net Receivables and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlassian Corp Plc Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Atlassian Corp's Net Receivables and Long Term Debt is 0.74. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Atlassian Corp Plc, assuming nothing else is changed. The correlation between historical values of Atlassian Corp's Net Receivables and Long Term 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 Net Receivables of Atlassian Corp Plc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Atlassian Corp's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Long Term Debt

Long-term debt is a debt that Atlassian Corp Plc has held for over one year. Long-term debt appears on Atlassian Corp Plc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Atlassian Corp Plc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Atlassian Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlassian Corp Plc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Atlassian Corp's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 225.9 M, while Enterprise Value Multiple is likely to drop 492.20.
 2021 2022 2023 2024 (projected)
Interest Expense25.8M30.1M34.1M28.4M
Depreciation And Amortization51.7M60.9M78.7M60.1M

Atlassian Corp fundamental ratios Correlations

0.590.840.610.78-0.82-0.910.820.970.970.550.890.880.970.930.360.540.990.910.85-0.680.880.86-0.510.92-0.16
0.590.890.120.67-0.21-0.450.610.480.550.030.620.260.550.620.610.370.640.640.46-0.070.60.2-0.70.35-0.43
0.840.890.410.84-0.54-0.740.830.770.790.310.870.590.790.850.480.560.870.90.64-0.410.850.53-0.70.66-0.39
0.610.120.410.3-0.71-0.380.750.60.550.480.70.460.540.450.530.090.50.670.55-0.550.50.650.250.480.51
0.780.670.840.3-0.38-0.810.630.720.790.430.760.640.730.840.250.730.830.810.49-0.390.860.56-0.730.71-0.26
-0.82-0.21-0.54-0.71-0.380.72-0.7-0.87-0.77-0.58-0.74-0.83-0.79-0.68-0.18-0.35-0.77-0.74-0.740.82-0.62-0.870.12-0.820.02
-0.91-0.45-0.74-0.38-0.810.72-0.58-0.88-0.95-0.49-0.72-0.96-0.94-0.9-0.02-0.73-0.93-0.77-0.790.68-0.8-0.80.66-0.980.33
0.820.610.830.750.63-0.7-0.580.820.710.460.950.550.70.730.580.190.790.930.61-0.510.840.64-0.250.6-0.06
0.970.480.770.60.72-0.87-0.880.820.920.670.90.880.920.910.250.490.960.910.78-0.70.90.92-0.450.91-0.17
0.970.550.790.550.79-0.77-0.950.710.920.480.80.920.990.930.260.620.970.830.9-0.670.810.84-0.580.96-0.16
0.550.030.310.480.43-0.58-0.490.460.670.480.650.490.470.6-0.040.430.530.620.28-0.290.680.83-0.140.510.18
0.890.620.870.70.76-0.74-0.720.950.90.80.650.650.780.850.480.440.880.990.62-0.540.940.78-0.390.71-0.09
0.880.260.590.460.64-0.83-0.960.550.880.920.490.650.920.81-0.050.590.880.70.82-0.790.70.84-0.460.99-0.24
0.970.550.790.540.73-0.79-0.940.70.920.990.470.780.920.920.250.580.960.810.93-0.670.790.84-0.570.95-0.2
0.930.620.850.450.84-0.68-0.90.730.910.930.60.850.810.920.180.690.950.880.75-0.550.910.82-0.710.86-0.23
0.360.610.480.530.25-0.18-0.020.580.250.26-0.040.48-0.050.250.18-0.140.30.430.29-0.010.260.10.090.030.27
0.540.370.560.090.73-0.35-0.730.190.490.620.430.440.590.580.69-0.140.60.510.35-0.360.550.52-0.70.63-0.22
0.990.640.870.50.83-0.77-0.930.790.960.970.530.880.880.960.950.30.60.90.82-0.640.90.83-0.630.92-0.28
0.910.640.90.670.81-0.74-0.770.930.910.830.620.990.70.810.880.430.510.90.64-0.560.950.77-0.460.75-0.16
0.850.460.640.550.49-0.74-0.790.610.780.90.280.620.820.930.750.290.350.820.64-0.610.580.72-0.40.85-0.12
-0.68-0.07-0.41-0.55-0.390.820.68-0.51-0.7-0.67-0.29-0.54-0.79-0.67-0.55-0.01-0.36-0.64-0.56-0.61-0.48-0.680.13-0.760.04
0.880.60.850.50.86-0.62-0.80.840.90.810.680.940.70.790.910.260.550.90.950.58-0.480.77-0.590.75-0.24
0.860.20.530.650.56-0.87-0.80.640.920.840.830.780.840.840.820.10.520.830.770.72-0.680.77-0.270.860.09
-0.51-0.7-0.70.25-0.730.120.66-0.25-0.45-0.58-0.14-0.39-0.46-0.57-0.710.09-0.7-0.63-0.46-0.40.13-0.59-0.27-0.520.67
0.920.350.660.480.71-0.82-0.980.60.910.960.510.710.990.950.860.030.630.920.750.85-0.760.750.86-0.52-0.23
-0.16-0.43-0.390.51-0.260.020.33-0.06-0.17-0.160.18-0.09-0.24-0.2-0.230.27-0.22-0.28-0.16-0.120.04-0.240.090.67-0.23
Click cells to compare fundamentals

Atlassian Corp Account Relationship Matchups

Atlassian Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B2.9B3.4B4.1B5.2B5.5B
Other Current Liab1.3B981.0M379.8M289.5M473.2M412.9M
Total Current Liabilities3.0B2.3B1.6B2.0B2.6B1.4B
Total Stockholder Equity575.3M294.9M335.6M654.7M1.0B582.9M
Property Plant And Equipment Net315.3M271.5M365.9M265.6M258.8M163.2M
Net Debt(326.2M)(313.9M)(70.8M)(820.2M)(927.6M)(881.2M)
Retained Earnings(1.1B)(1.8B)(2.4B)(2.5B)(3.2B)(3.0B)
Accounts Payable202.6M40.4M81.2M159.3M177.5M99.1M
Cash1.5B919.2M1.4B2.1B2.2B2.3B
Non Current Assets Total1.3B1.3B1.5B1.4B2.1B2.2B
Non Currrent Assets Other20.8M37.6M60.7M73.1M62.1M38.2M
Cash And Short Term Investments2.2B1.2B1.5B2.1B2.3B1.3B
Net Receivables113.5M183.4M308.1M477.7M628.0M659.5M
Good Will645.1M725.8M732.7M727.2M1.3B1.4B
Common Stock Shares Outstanding244.8M249.7M253.3M256.3M259.1M254.4M
Short Term Investments676.1M313.0M73.3M10M162.0M263.8M
Liabilities And Stockholders Equity3.9B2.9B3.4B4.1B5.2B5.5B
Other Current Assets569K224.7M130.3M146.1M109.3M58.3M
Total Liab3.3B2.7B3.0B3.5B4.2B4.4B
Total Current Assets2.6B1.6B1.9B2.7B3.1B1.6B
Accumulated Other Comprehensive Income1.1B1.5B2.2B34.0M25.3M24.0M
Intangible Assets129.7M124.6M100.8M69.1M299.1M314.0M
Common Stock24.7M25.2M25.5M3K2.7K2.6K
Short Long Term Debt Total1.2B605.3M1.3B1.3B1.2B728.2M
Other Liab70.2M126.3M157.7M224.6M258.3M271.2M
Net Tangible Assets(199.5M)(555.4M)(497.9M)(141.6M)(127.4M)(121.1M)
Current Deferred Revenue573.8M812.9M1.1B1.4B1.8B1.9B
Other Assets56.2M73.8M73.1M54.8M49.3M74.8M
Common Stock Total Equity23.5M24.2M24.7M25.2M28.9M23.5M
Non Current Liabilities Total300.0M340.4M1.4B1.4B1.6B1.6B
Inventory373.6M215.6M127.5M(28.9M)(33.3M)(31.6M)
Other Stockholder Equity536.0M461.0M2.2B3.1B4.2B4.4B
Property Plant And Equipment Gross315.3M271.5M365.9M265.6M387.6M407.0M
Short Term Debt923.9M433.7M32.5M127.4M97.9M93.0M
Property Plant Equipment315.3M271.5M365.9M265.6M305.4M166.0M
Capital Lease Obligations264.6M256.5M315.1M282.8M263.4M169.5M
Non Current Liabilities Other2.2M2.6M812K31.2M39.9M41.9M
Net Invested Capital1.5B643.7M1.3B1.7B2.0B1.5B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Atlassian Corp Plc is a strong investment it is important to analyze Atlassian Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlassian Corp's future performance. For an informed investment choice regarding Atlassian Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlassian Corp. If investors know Atlassian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlassian Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.722
Earnings Share
(1.52)
Revenue Per Share
17.587
Quarterly Revenue Growth
0.215
Return On Assets
(0.02)
The market value of Atlassian Corp Plc is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlassian Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlassian Corp's market value can be influenced by many factors that don't directly affect Atlassian Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlassian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlassian Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.