Atlassian Corp Financials

TEAM Stock  USD 194.27  2.72  1.42%   
Based on the analysis of Atlassian Corp's profitability, liquidity, and operating efficiency, Atlassian Corp Plc may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Atlassian Corp's Total Current Assets are very stable compared to the past year. As of the 23rd of April 2024, Short and Long Term Debt Total is likely to grow to about 1.5 B, while Total Current Liabilities is likely to drop about 1.3 B. Key indicators impacting Atlassian Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.01.76
Way Down
Slightly volatile
Current Ratio1.841.55
Fairly Up
Very volatile
The financial analysis of Atlassian Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Atlassian Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Atlassian Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Atlassian Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Atlassian Corp.

Net Income

(416.18 Million)

With this module, you can analyze Atlassian financials for your investing period. You should be able to track the changes in Atlassian Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Atlassian Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Atlassian Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Atlassian Corp's assets may result in an increase in income on the income statement.
The data published in Atlassian Corp's official financial statements usually reflect Atlassian Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Atlassian Corp Plc. For example, before you start analyzing numbers published by Atlassian accountants, it's critical to develop an understanding of what Atlassian Corp's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Atlassian Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atlassian Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Atlassian Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Atlassian Corp Plc. Please utilize our Beneish M Score to check the likelihood of Atlassian Corp's management manipulating its earnings.

Atlassian Corp Stock Summary

Atlassian Corp competes with C3 Ai, Shopify, Snowflake, and ServiceNow. Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Atlassian Corporation was founded in 2002 and is headquartered in Sydney, Australia. Atlassian Corp operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 8813 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0494681010
CUSIPG06242104 049468101
LocationCalifornia; U.S.A
Business Address341 George Street,
SectorSoftware
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.atlassian.com
Phone61 2 9262 1443
CurrencyUSD - US Dollar
You should never invest in Atlassian Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Atlassian Stock, because this is throwing your money away. Analyzing the key information contained in Atlassian Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Atlassian Corp Key Financial Ratios

Generally speaking, Atlassian Corp's financial ratios allow both analysts and investors to convert raw data from Atlassian Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Atlassian Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Atlassian Corp Plc reports annually and quarterly.

Atlassian Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.9B2.9B3.4B4.1B4.7B5.0B
Other Current Liab1.3B839.3M82.5M423.1M486.6M370.9M
Retained Earnings(1.1B)(1.8B)(2.4B)(2.5B)(2.3B)(2.1B)
Accounts Payable202.6M266.5M404.9M159.3M183.2M145.3M
Cash1.5B919.2M1.4B2.1B2.4B2.5B
Net Receivables113.5M175.8M308.7M477.7M549.3M576.8M
Good Will645.1M725.8M732.7M727.2M836.3M878.1M
Other Current Assets569K3.9M4.5M146.1M168.1M176.5M
Total Liab3.3B2.7B3.0B3.5B4.0B4.2B
Total Current Assets2.6B1.6B1.9B2.7B3.1B3.3B
Common Stock24.7M25.2M25.5M3K2.7K2.6K
Other Liab70.2M126.3M157.7M224.6M258.3M271.2M
Net Tangible Assets(199.5M)(555.4M)(497.9M)(141.6M)(127.4M)(121.1M)
Net Debt(326.2M)(313.9M)(70.8M)(820.2M)(738.2M)(701.3M)
Other Assets56.2M73.8M73.1M54.8M49.3M74.8M
Short Term Debt923.9M391.2M40.6M82.4M94.8M90.1M
Intangible Assets129.7M124.6M100.8M69.1M79.4M89.5M
Inventory373.6M215.6M127.5M(28.9M)(33.3M)(31.6M)
Net Invested Capital1.5B643.7M1.3B1.7B1.9B1.4B

Atlassian Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Atlassian Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense49.6M122.7M25.8M30.1M34.7M27.6M
Total Revenue1.6B2.1B2.8B3.5B4.1B4.3B
Gross Profit1.3B1.8B2.3B2.9B3.3B3.5B
Operating Income14.1M101.6M(106.5M)(345.2M)(310.7M)(295.2M)
Ebit14.1M101.6M(106.5M)(281.0M)(252.9M)(240.2M)
Research Development763.2M963.3M1.4B1.9B2.2B2.3B
Ebitda(199.2M)(419.1M)(444.8M)(220.1M)(198.1M)(208.0M)
Cost Of Revenue268.8M336.0M465.7M633.8M728.8M765.3M
Income Before Tax(346.2M)(634.7M)(564.6M)(311.1M)(280.0M)(294.0M)
Net Income(350.7M)(696.3M)(614.1M)(486.8M)(438.1M)(416.2M)
Income Tax Expense4.4M61.7M49.6M175.6M202.0M212.1M
Tax Provision4.4M61.7M49.6M175.6M202.0M212.1M
Interest Income27.8M7.2M2.3M49.7M57.2M60.1M
Net Interest Income(21.8M)(115.5M)(23.5M)19.6M17.6M18.5M

Atlassian Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Atlassian Corp Plc. It measures of how well Atlassian is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Atlassian Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Atlassian had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Atlassian Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash211.5M(560.7M)466.0M717.2M824.8M866.1M
Free Cash Flow538.5M808.0M808.9M842.3M968.6M1.0B
Depreciation97.4M92.8M94.0M60.9M70.1M61.9M
Other Non Cash Items21.8M115.5M378.7M26.7M30.7M29.2M
Capital Expenditures35.7M33.3M74.6M25.8M29.7M34.6M
Net Income(346.2M)(634.7M)(564.6M)(486.8M)(438.1M)(416.2M)
End Period Cash Flow1.5B919.2M1.4B2.1B2.4B2.5B
Change To Inventory(10.6M)(13.1M)(31.7M)36.4M41.8M43.9M
Investments(318.9M)384.4M130.5M(1.3M)(1.4M)(1.5M)
Change To Netincome648.8M1.1B1.1B984.9M1.1B1.2B

Atlassian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Atlassian Corp's current stock value. Our valuation model uses many indicators to compare Atlassian Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Atlassian Corp competition to find correlations between indicators driving Atlassian Corp's intrinsic value. More Info.
Atlassian Corp Plc is rated fifth in return on equity category among related companies. It is rated third in return on asset category among related companies . At this time, Atlassian Corp's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Atlassian Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Atlassian Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Atlassian Corp's earnings, one of the primary drivers of an investment's value.

Atlassian Corp Plc Systematic Risk

Atlassian Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Atlassian Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Atlassian Corp Plc correlated with the market. If Beta is less than 0 Atlassian Corp generally moves in the opposite direction as compared to the market. If Atlassian Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Atlassian Corp Plc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Atlassian Corp is generally in the same direction as the market. If Beta > 1 Atlassian Corp moves generally in the same direction as, but more than the movement of the benchmark.

About Atlassian Corp Financials

What exactly are Atlassian Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Atlassian Corp's income statement, its balance sheet, and the statement of cash flows. Potential Atlassian Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Atlassian Corp investors may use each financial statement separately, they are all related. The changes in Atlassian Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Atlassian Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Atlassian Corp Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Atlassian Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Atlassian has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Atlassian Corp's financials are consistent with your investment objective using the following steps:
  • Review Atlassian Corp's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Atlassian Corp's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Atlassian Corp's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Atlassian Corp's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Atlassian Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Atlassian Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Atlassian Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.88

At this time, Atlassian Corp's Price Earnings To Growth Ratio is very stable compared to the past year.

Atlassian Corp April 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Atlassian Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Atlassian Corp Plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Atlassian Corp Plc based on widely used predictive technical indicators. In general, we focus on analyzing Atlassian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Atlassian Corp's daily price indicators and compare them against related drivers.
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Atlassian Corp Plc information on this page should be used as a complementary analysis to other Atlassian Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Atlassian Corp's price analysis, check to measure Atlassian Corp'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 Atlassian Corp is operating at the current time. Most of Atlassian Corp's value examination focuses on studying past and present price action to predict the probability of Atlassian Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlassian Corp's price. Additionally, you may evaluate how the addition of Atlassian Corp to your portfolios can decrease your overall portfolio volatility.
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Is Atlassian Corp's industry 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
(1.49)
Revenue Per Share
15.106
Quarterly Revenue Growth
0.215
Return On Assets
(0.03)
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.