Altisource Asset Financials

AAMC Stock  USD 1.25  0.02  1.57%   
Based on the key indicators related to Altisource Asset's liquidity, profitability, solvency, and operating efficiency, Altisource Asset Management may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Altisource Asset's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 6.3 M, whereas Total Assets are forecasted to decline to about 24.3 M. Key indicators impacting Altisource Asset's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio17.339.6811
Way Up
Slightly volatile
Investors should never underestimate Altisource Asset's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Altisource Asset's cash flow, debt, and profitability to make informed and accurate decisions about investing in Altisource Asset Management.

Net Income

(30.92 Million)

  
Understanding current and past Altisource Asset Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altisource Asset's financial statements are interrelated, with each one affecting the others. For example, an increase in Altisource Asset's assets may result in an increase in income on the income statement.
Please note, the presentation of Altisource Asset'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, Altisource Asset's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Altisource Asset's management manipulating its earnings.

Altisource Asset Stock Summary

Altisource Asset competes with Abrdn Emerging, DWS Municipal, AssetMark Financial, Blackrock Muni, and Blackrock Muniyield. Altisource Asset Management Corporation is an alternative lending company that provides liquidity and capital to under-served market and portfolio management and corporate governance services to institutional investors in the United States. Altisource Asset Management Corporation was founded in 2012 and is headquartered in Christiansted, Virgin Islands with the additional in United States and India. Altisource Asset operates under Asset Management classification in the United States and is traded on AMEX Exchange. It employs 24 people.
Specialization
Financial Services, Real Estate Management & Development
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINVI02153X1080
CUSIP02153X108
LocationVirgin Islands; U.S.
Business Address5100 Tamarind Reef,
SectorReal Estate Management & Development
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.altisourceamc.com
Phone704 275 9113
CurrencyUSD - US Dollar

Altisource Asset Key Financial Ratios

Altisource Asset's financial ratios allow both analysts and investors to convert raw data from Altisource Asset's financial statements into concise, actionable information that can be used to evaluate the performance of Altisource Asset over time and compare it to other companies across industries.

Altisource Asset Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets53.2M99.8M81.5M117.6M25.5M24.3M
Other Current Liab5.4M1.3M983K(51.7M)600K630K
Net Debt(15.5M)(40.9M)(77.5M)42.2M(7.8M)(7.4M)
Retained Earnings23.7M63.4M57.5M41.5M9.0M8.5M
Accounts Payable1.3M9.2M3.5M10.3M9.3M6.9M
Cash20.0M41.6M78.3M10.7M8.7M8.3M
Other Assets1.8M2.5M465K23.8M5.6M6.3M
Net Receivables5.0M3.4M0.083.1M95.6M100.4M
Other Current Assets26.7M55.0M1.8M(95.9M)(14.3M)(13.6M)
Total Liab261.2M266.3M158.0M207.5M7.2M6.8M
Total Current Assets47.2M96.6M80.2M10.7M8.7M8.3M
Net Tangible Assets42.0M83.4M(76.5M)54.3M62.5M65.6M
Capital Surpluse42.2M44.6M46.6M149.0M171.4M179.9M
Treasury Stock(272.3M)(276.0M)(276.2M)(276.5M)(248.9M)(261.3M)
Short Term Debt265K75K139K51.7M300K285K

Altisource Asset Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense14.1M68.0M60K1.3M2.8M2.7M
Operating Income(16.4M)(27.5M)(17.0M)(9.1M)(24.8M)(23.5M)
Ebit(16.4M)(41.3M)(33.1M)(27.5M)(37.2M)(35.3M)
Ebitda(15.6M)(27.0M)(16.5M)(8.7M)(24.1M)(22.9M)
Income Before Tax(2.3M)(14.0M)(8.9M)(15.6M)(32.0M)(30.4M)
Net Income(2.6M)(14.7M)(12.2M)(15.9M)(32.5M)(30.9M)
Income Tax Expense338K769K3.3M350K573K544.4K
Total Revenue15.8M244K3.1M563K(11.7M)(11.1M)
Gross Profit(1.3M)(11.7M)(2.6M)(5.3M)(13.0M)(12.4M)
Cost Of Revenue17.0M12.0M5.6M5.8M1.3M1.3M
Tax Provision338K769K3.3M350K271K257.5K

Altisource Asset Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(7.2M)21.8M36.5M(65.6M)(4.1M)(3.9M)
Free Cash Flow(7.0M)18.5M(18.2M)(27.1M)5.5M5.7M
Other Non Cash Items(5.9M)(54.5M)(6.2M)(10.7M)11.9M12.5M
Capital Expenditures295K86K511K60K16K15.2K
Net Income(2.6M)39.8M(6.0M)(15.9M)(32.5M)(30.9M)
End Period Cash Flow20.0M41.8M78.3M12.8M8.7M8.3M
Change To Inventory(498K)(3.8M)(3.4M)(5.1M)(1.0)(1.05)
Investments67K3.6M58.9M(72.9M)54.7M57.5M
Change Receivables183K(1.0M)1.6M(1.4M)(1.6M)(1.5M)
Depreciation737K430K448K440K680K875.4K
Change To Netincome(3.5M)33.4M(10.4M)(8.5M)(9.8M)(10.3M)

Altisource Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Altisource Asset's current stock value. Our valuation model uses many indicators to compare Altisource Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altisource Asset competition to find correlations between indicators driving Altisource Asset's intrinsic value. More Info.
Altisource Asset Management is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At present, Altisource Asset's Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Altisource Asset's earnings, one of the primary drivers of an investment's value.

Altisource Asset Man Systematic Risk

Altisource Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altisource Asset 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.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Altisource Asset Man correlated with the market. If Beta is less than 0 Altisource Asset generally moves in the opposite direction as compared to the market. If Altisource Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altisource Asset Man is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altisource Asset is generally in the same direction as the market. If Beta > 1 Altisource Asset moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Altisource Asset Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Altisource Asset'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 Altisource Asset growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.003067)

At present, Altisource Asset's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Altisource Asset August 31, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Altisource Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altisource Asset Management. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altisource Asset Management based on widely used predictive technical indicators. In general, we focus on analyzing Altisource Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altisource Asset's daily price indicators and compare them against related drivers.

Complementary Tools for Altisource Stock analysis

When running Altisource Asset's price analysis, check to measure Altisource Asset'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 Altisource Asset is operating at the current time. Most of Altisource Asset's value examination focuses on studying past and present price action to predict the probability of Altisource Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altisource Asset's price. Additionally, you may evaluate how the addition of Altisource Asset to your portfolios can decrease your overall portfolio volatility.
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