Altair Net Debt from 2010 to 2024

ALTR Stock  USD 87.33  1.03  1.17%   
Altair Engineering Net Debt yearly trend continues to be relatively stable with very little volatility. Net Debt is likely to grow to about -122.2 M this year. Net Debt is the total debt of Altair Engineering minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2016-12-31
Previous Quarter
-128.6 M
Current Value
-218.9 M
Quarterly Volatility
86.2 M
 
Covid
Check Altair Engineering financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altair main balance sheet or income statement drivers, such as Tax Provision of 18.3 M, Interest Income of 17.7 M or Depreciation And Amortization of 23.6 M, as well as many exotic indicators such as Price To Sales Ratio of 11.62, Dividend Yield of 0.0 or PTB Ratio of 10.01. Altair financial statements analysis is a perfect complement when working with Altair Engineering Valuation or Volatility modules.
  
This module can also supplement Altair Engineering's financial leverage analysis and stock options assessment as well as various Altair Engineering Technical models . Check out the analysis of Altair Engineering Correlation against competitors.
To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.

Latest Altair Engineering's Net Debt Growth Pattern

Below is the plot of the Net Debt of Altair Engineering over the last few years. It is 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. Altair Engineering's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Altair Engineering's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Altair Net Debt Regression Statistics

Arithmetic Mean1,891,617
Geometric Mean47,465,427
Coefficient Of Variation4,502
Mean Deviation67,234,327
Median23,919,000
Standard Deviation85,166,872
Sample Variance7253.4T
Range254M
R-Value(0.78)
Mean Square Error2999.9T
R-Squared0.62
Significance0.0005
Slope(14,946,144)
Total Sum of Squares101547.5T

Altair Net Debt History

2024-122.2 M
2023-128.6 M
202223.9 M
2021-184.6 M
202012.5 M
2019-15.1 M
2018-3.6 M

Other Fundumenentals of Altair Engineering

Altair Engineering Net Debt component correlations

0.940.810.29-0.76-0.490.770.910.970.990.90.980.950.760.990.620.940.050.710.990.88-0.89
0.940.820.24-0.85-0.570.760.790.920.940.920.930.850.740.920.570.920.110.720.960.94-0.9
0.810.82-0.08-0.82-0.390.550.740.690.810.660.860.650.710.80.710.890.450.90.810.63-0.59
0.290.24-0.08-0.31-0.71-0.050.180.440.230.350.250.430.280.360.150.05-0.32-0.040.250.31-0.46
-0.76-0.85-0.82-0.310.64-0.34-0.58-0.72-0.73-0.74-0.79-0.64-0.8-0.79-0.78-0.72-0.25-0.78-0.76-0.680.68
-0.49-0.57-0.39-0.710.64-0.24-0.24-0.59-0.49-0.44-0.55-0.44-0.37-0.5-0.2-0.45-0.26-0.28-0.48-0.540.57
0.770.760.55-0.05-0.34-0.240.680.770.830.690.760.710.320.710.10.820.080.40.810.83-0.71
0.910.790.740.18-0.58-0.240.680.820.870.870.840.940.80.90.660.84-0.150.720.890.74-0.8
0.970.920.690.44-0.72-0.590.770.820.970.880.960.940.690.960.510.890.00.580.970.89-0.9
0.990.940.810.23-0.73-0.490.830.870.970.860.990.920.710.960.550.970.110.670.990.88-0.87
0.90.920.660.35-0.74-0.440.690.870.880.860.820.930.810.90.610.79-0.230.660.920.92-0.94
0.980.930.860.25-0.79-0.550.760.840.960.990.820.890.710.970.60.960.210.720.970.84-0.83
0.950.850.650.43-0.64-0.440.710.940.940.920.930.890.760.960.590.82-0.210.620.940.85-0.91
0.760.740.710.28-0.8-0.370.320.80.690.710.810.710.760.780.910.67-0.210.670.740.57-0.75
0.990.920.80.36-0.79-0.50.710.90.960.960.90.970.960.780.670.90.020.730.980.86-0.88
0.620.570.710.15-0.78-0.20.10.660.510.550.610.60.590.910.670.53-0.090.690.590.35-0.52
0.940.920.890.05-0.72-0.450.820.840.890.970.790.960.820.670.90.530.270.720.940.82-0.8
0.050.110.45-0.32-0.25-0.260.08-0.150.00.11-0.230.21-0.21-0.210.02-0.090.270.370.04-0.010.25
0.710.720.9-0.04-0.78-0.280.40.720.580.670.660.720.620.670.730.690.720.370.710.59-0.46
0.990.960.810.25-0.76-0.480.810.890.970.990.920.970.940.740.980.590.940.040.710.92-0.9
0.880.940.630.31-0.68-0.540.830.740.890.880.920.840.850.570.860.350.82-0.010.590.92-0.9
-0.89-0.9-0.59-0.460.680.57-0.71-0.8-0.9-0.87-0.94-0.83-0.91-0.75-0.88-0.52-0.80.25-0.46-0.9-0.9
Click cells to compare fundamentals

About Altair Engineering Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Altair Engineering income statement, its balance sheet, and the statement of cash flows. Altair Engineering investors use historical funamental indicators, such as Altair Engineering's Net Debt, to determine how well the company is positioned to perform in the future. Although Altair Engineering investors may use each financial statement separately, they are all related. The changes in Altair Engineering's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Altair Engineering'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. We offer a historical overview of the basic patterns found on Altair Engineering Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Altair Engineering. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt-128.6 M-122.2 M
Net Debt To EBITDA(2.29)(2.17)

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 Altair Engineering is a strong investment it is important to analyze Altair Engineering'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 Altair Engineering's future performance. For an informed investment choice regarding Altair Stock, refer to the following important reports:
Check out the analysis of Altair Engineering Correlation against competitors.
To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Altair Stock analysis

When running Altair Engineering's price analysis, check to measure Altair Engineering'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 Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Is Altair Engineering'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 Altair Engineering. If investors know Altair 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 Altair Engineering 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
0.633
Earnings Share
0.11
Revenue Per Share
7.631
Quarterly Revenue Growth
0.041
Return On Assets
0.0071
The market value of Altair Engineering is measured differently than its book value, which is the value of Altair that is recorded on the company's balance sheet. Investors also form their own opinion of Altair Engineering's value that differs from its market value or its book value, called intrinsic value, which is Altair Engineering'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 Altair Engineering's market value can be influenced by many factors that don't directly affect Altair Engineering'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 Altair Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altair Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altair Engineering'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.