Altair Common Stock Total Equity from 2010 to 2024

ALTR Stock  USD 90.50  0.58  0.64%   
Altair Engineering Common Stock Total Equity yearly trend continues to be relatively stable with very little volatility. Common Stock Total Equity is likely to drop to 6,840. Common Stock Total Equity is the total value of common stock equity held by shareholders, representing their ownership interest in the company. View All Fundamentals
 
Common Stock Total Equity  
First Reported
2016-12-31
Previous Quarter
K
Current Value
K
Quarterly Volatility
1.1 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 Common Stock Total Equity Growth Pattern

Below is the plot of the Common Stock Total Equity of Altair Engineering over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. Altair Engineering's Common Stock Total Equity 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.
Common Stock Total Equity10 Years Trend
Pretty Stable
   Common Stock Total Equity   
       Timeline  

Altair Common Stock Total Equity Regression Statistics

Arithmetic Mean528,803
Geometric Mean26,740
Coefficient Of Variation183.08
Mean Deviation766,905
Median6,840
Standard Deviation968,118
Sample Variance937.3B
Range2.4M
R-Value0.16
Mean Square Error984.7B
R-Squared0.02
Significance0.58
Slope33,832
Total Sum of Squares13.1T

Altair Common Stock Total Equity History

2024 6840.0
2023 7200.0
2021 8000.0
2020791 K
20182.4 M
20172.4 M

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 Common Stock Total Equity, 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
Common Stock Total Equity7.2 K6.8 K

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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.