Altus Net Debt vs Non Current Liabilities Total Analysis
AIF Stock | CAD 46.98 0.20 0.43% |
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 Net Debt and its Non Current Liabilities Total 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Net Debt vs Non Current Liabilities Total
Net Debt vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altus Group Limited Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Altus Group's Net Debt and Non Current Liabilities Total is 0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total 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 Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Altus Group Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Altus Group's Net Debt and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Debt
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.Non Current Liabilities Total
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 tightly coupled 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 1st 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
Click cells to compare fundamentals
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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