Altus Cash vs Common Stock Shares Outstanding Analysis
AIF Stock | CAD 46.55 0.80 1.69% |
Altus Group financial indicator trend analysis is way more than just evaluating Altus Group Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altus Group Limited is a good investment. Please check the relationship between Altus Group Cash and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altus Group Limited Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Altus Group's Cash and Common Stock Shares Outstanding is 0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Altus Group Limited, assuming nothing else is changed. The correlation between historical values of Altus Group's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Altus Group Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Altus Group's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Altus Group Limited, which is listed under current asset account on Altus Group Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Altus Group customers. The amounts must be unrestricted with restricted cash listed in a different Altus Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Altus Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altus Group Limited 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Altus Group's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 9th of June 2024, Enterprise Value Over EBITDA is likely to grow to 21.20, while Selling General Administrative is likely to drop about 291.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 578.8M | 683.4M | 785.9M | 825.2M | Total Revenue | 625.4M | 735.5M | 772.8M | 390.5M |
Altus Group fundamental ratios Correlations
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Altus Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altus Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 735.1M | 735.4M | 1.2B | 1.3B | 1.2B | 1.3B | |
Short Long Term Debt Total | 214.2M | 186.0M | 358.1M | 378.1M | 434.9M | 456.6M | |
Other Current Liab | 168.6M | 183.1M | 112.3M | 127.6M | 146.7M | 154.1M | |
Total Current Liabilities | 283.6M | 153.2M | 209.9M | 239.9M | 218.3M | 229.2M | |
Total Stockholder Equity | 359.7M | 383.4M | 589.5M | 599.9M | 602.5M | 632.7M | |
Net Debt | 154.0M | 116.4M | 306.8M | 322.9M | 265.6M | 278.8M | |
Retained Earnings | (214.7M) | (217.6M) | (217.4M) | (243.6M) | (259.3M) | (246.4M) | |
Cash | 60.3M | 69.6M | 51.3M | 55.3M | 41.9M | 25.6M | |
Non Current Assets Total | 489.1M | 466.8M | 915.5M | 944.0M | 912.1M | 957.7M | |
Non Currrent Assets Other | 19.3M | 20.3M | 18.5M | 25.5M | 22.9M | 11.6M | |
Cash And Short Term Investments | 60.3M | 69.6M | 51.3M | 55.3M | 63.6M | 66.7M | |
Net Receivables | 184.4M | 196.5M | 226.6M | 262.9M | 250.5M | 263.0M | |
Common Stock Total Equity | 479.2M | 491.5M | 509.6M | 529.9M | 609.3M | 316.7M | |
Common Stock Shares Outstanding | 38.8M | 40.1M | 41.2M | 42.9M | 45.5M | 30.4M | |
Liabilities And Stockholders Equity | 735.1M | 735.4M | 1.2B | 1.3B | 1.5B | 1.5B | |
Non Current Liabilities Total | 91.9M | 198.8M | 399.9M | 424.2M | 393.9M | 413.6M | |
Total Liab | 375.5M | 352.0M | 609.8M | 664.0M | 612.2M | 642.8M | |
Total Current Assets | 246.1M | 268.6M | 283.7M | 319.9M | 302.6M | 317.7M | |
Common Stock | 509.6M | 529.9M | 726.3M | 747.7M | 859.8M | 902.8M | |
Other Stockholder Equity | 24.4M | 30.4M | 42.1M | 48.6M | 43.7M | 67.2M | |
Short Term Debt | 150.5M | 11.7M | 13.9M | 14.9M | 17.1M | 19.2M | |
Property Plant And Equipment Net | 92.8M | 72.1M | 81.6M | 60.5M | 45.1M | 37.0M | |
Accounts Payable | 9.9M | 7.6M | 10.6M | 7.3M | 17.5M | 15.3M | |
Other Current Assets | 1.4M | 2.5M | 5.9M | 1.7M | 1.9M | 1.9M | |
Property Plant And Equipment Gross | 92.8M | 72.1M | 147.4M | 152.9M | 150.0M | 157.5M | |
Accumulated Other Comprehensive Income | 40.2M | 40.8M | 38.4M | 47.2M | 54.2M | 57.0M | |
Intangible Assets | 92.6M | 77.9M | 286.7M | 292.8M | 270.6M | 284.2M | |
Good Will | 260.4M | 261.1M | 467.3M | 497.6M | 510.0M | 274.3M | |
Other Liab | 28.1M | 24.5M | 55.8M | 60.9M | 70.0M | 40.7M | |
Net Tangible Assets | 6.7M | 44.5M | (164.5M) | (190.5M) | (171.5M) | (162.9M) | |
Current Deferred Revenue | 38.9M | 42.4M | 73.0M | 90.1M | 103.6M | 108.8M | |
Other Assets | 31.8M | 30.1M | 42.6M | 47.4M | 54.5M | 30.9M | |
Long Term Debt | 334K | 122.4M | 286.9M | 317.8M | 307.5M | 176.1M | |
Long Term Investments | 11.5M | 25.7M | 37.3M | 38.8M | 37.2M | 33.2M | |
Property Plant Equipment | 92.8M | 72.1M | 81.6M | 60.5M | 69.5M | 51.6M | |
Long Term Debt Total | 63.8M | 174.3M | 344.1M | 363.3M | 417.8M | 438.7M | |
Capital Surpluse | 24.4M | 30.4M | 42.4M | 48.6M | 55.9M | 30.1M |
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Balance Sheet is a snapshot of the financial position of Altus Group Limited at a specified time, usually calculated after every quarter, six months, or one year. Altus Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Altus Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Altus currently owns. An asset can also be divided into two categories, current and non-current.