Altus Short Term Debt vs Common Stock Shares Outstanding 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 Short Term Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Common Stock Shares Outstanding

Short Term Debt 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 Short Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Altus Group's Short Term Debt and Common Stock Shares Outstanding is 0.06. Overlapping area represents the amount of variation of Short Term Debt 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 Short Term Debt 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 Short Term Debt 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 Short Term Debt i.e., Altus Group's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

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 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 2nd 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 Expenses578.8M683.4M785.9M825.2M
Total Revenue625.4M735.5M772.8M390.5M

Altus Group fundamental ratios Correlations

0.910.730.780.980.81-0.80.591.00.170.790.980.680.580.880.340.970.950.980.04-0.330.030.62-0.22-0.160.95
0.910.590.710.810.93-0.740.310.920.140.610.880.440.290.910.250.960.810.880.24-0.430.030.460.08-0.290.92
0.730.590.80.750.38-0.680.830.670.420.950.820.620.710.440.160.670.870.76-0.17-0.260.310.81-0.47-0.430.79
0.780.710.80.760.62-0.740.650.750.190.760.830.630.530.470.310.770.830.78-0.05-0.190.630.76-0.3-0.320.8
0.980.810.750.760.67-0.770.650.960.160.830.950.730.670.80.330.90.950.98-0.08-0.290.020.61-0.38-0.080.9
0.810.930.380.620.67-0.640.20.840.050.380.750.370.150.890.320.910.660.720.34-0.290.030.430.25-0.180.81
-0.8-0.74-0.68-0.74-0.77-0.64-0.66-0.760.17-0.78-0.88-0.78-0.42-0.66-0.62-0.79-0.87-0.85-0.03-0.02-0.17-0.630.070.23-0.73
0.590.310.830.650.650.2-0.660.520.290.880.690.80.830.30.410.50.780.6-0.20.060.210.85-0.49-0.220.57
1.00.920.670.750.960.84-0.760.520.160.730.950.630.540.90.320.980.910.960.07-0.350.00.57-0.19-0.130.94
0.170.140.420.190.160.050.170.290.160.30.15-0.120.520.11-0.520.170.190.07-0.14-0.71-0.030.3-0.33-0.550.39
0.790.610.950.760.830.38-0.780.880.730.30.870.710.740.530.260.710.930.84-0.14-0.20.160.76-0.45-0.340.79
0.980.880.820.830.950.75-0.880.690.950.150.870.730.590.820.40.950.990.970.02-0.270.10.69-0.22-0.260.93
0.680.440.620.630.730.37-0.780.80.63-0.120.710.730.720.440.810.590.760.71-0.130.240.180.69-0.30.120.52
0.580.290.710.530.670.15-0.420.830.540.520.740.590.720.310.260.460.670.57-0.39-0.230.060.66-0.67-0.130.58
0.880.910.440.470.80.89-0.660.30.90.110.530.820.440.310.280.920.750.820.26-0.37-0.330.370.11-0.150.84
0.340.250.160.310.330.32-0.620.410.32-0.520.260.40.810.260.280.330.380.370.110.540.140.370.160.290.14
0.970.960.670.770.90.91-0.790.50.980.170.710.950.590.460.920.330.90.930.16-0.350.030.6-0.05-0.250.95
0.950.810.870.830.950.66-0.870.780.910.190.930.990.760.670.750.380.90.96-0.04-0.230.120.75-0.31-0.250.91
0.980.880.760.780.980.72-0.850.60.960.070.840.970.710.570.820.370.930.96-0.02-0.280.050.58-0.26-0.150.9
0.040.24-0.17-0.05-0.080.34-0.03-0.20.07-0.14-0.140.02-0.13-0.390.260.110.16-0.04-0.020.05-0.1-0.050.6-0.060.04
-0.33-0.43-0.26-0.19-0.29-0.29-0.020.06-0.35-0.71-0.2-0.270.24-0.23-0.370.54-0.35-0.23-0.280.050.170.10.20.52-0.49
0.030.030.310.630.020.03-0.170.210.0-0.030.160.10.180.06-0.330.140.030.120.05-0.10.170.4-0.18-0.160.09
0.620.460.810.760.610.43-0.630.850.570.30.760.690.690.660.370.370.60.750.58-0.050.10.4-0.26-0.230.67
-0.220.08-0.47-0.3-0.380.250.07-0.49-0.19-0.33-0.45-0.22-0.3-0.670.110.16-0.05-0.31-0.260.60.2-0.18-0.260.01-0.22
-0.16-0.29-0.43-0.32-0.08-0.180.23-0.22-0.13-0.55-0.34-0.260.12-0.13-0.150.29-0.25-0.25-0.15-0.060.52-0.16-0.230.01-0.37
0.950.920.790.80.90.81-0.730.570.940.390.790.930.520.580.840.140.950.910.90.04-0.490.090.67-0.22-0.37
Click cells to compare fundamentals

Altus Group Account Relationship Matchups

Altus Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets735.1M735.4M1.2B1.3B1.2B1.3B
Short Long Term Debt Total214.2M186.0M358.1M378.1M434.9M456.6M
Other Current Liab168.6M183.1M112.3M127.6M146.7M154.1M
Total Current Liabilities283.6M153.2M209.9M239.9M218.3M229.2M
Total Stockholder Equity359.7M383.4M589.5M599.9M602.5M632.7M
Net Debt154.0M116.4M306.8M322.9M265.6M278.8M
Retained Earnings(214.7M)(217.6M)(217.4M)(243.6M)(259.3M)(246.4M)
Cash60.3M69.6M51.3M55.3M41.9M25.6M
Non Current Assets Total489.1M466.8M915.5M944.0M912.1M957.7M
Non Currrent Assets Other19.3M20.3M18.5M25.5M22.9M11.6M
Cash And Short Term Investments60.3M69.6M51.3M55.3M63.6M66.7M
Net Receivables184.4M196.5M226.6M262.9M250.5M263.0M
Common Stock Total Equity479.2M491.5M509.6M529.9M609.3M316.7M
Common Stock Shares Outstanding38.8M40.1M41.2M42.9M45.5M30.4M
Liabilities And Stockholders Equity735.1M735.4M1.2B1.3B1.5B1.5B
Non Current Liabilities Total91.9M198.8M399.9M424.2M393.9M413.6M
Total Liab375.5M352.0M609.8M664.0M612.2M642.8M
Total Current Assets246.1M268.6M283.7M319.9M302.6M317.7M
Common Stock509.6M529.9M726.3M747.7M859.8M902.8M
Other Stockholder Equity24.4M30.4M42.1M48.6M43.7M67.2M
Short Term Debt150.5M11.7M13.9M14.9M17.1M19.2M
Property Plant And Equipment Net92.8M72.1M81.6M60.5M45.1M37.0M
Accounts Payable9.9M7.6M10.6M7.3M17.5M15.3M
Other Current Assets1.4M2.5M5.9M1.7M1.9M1.9M
Property Plant And Equipment Gross92.8M72.1M147.4M152.9M150.0M157.5M
Accumulated Other Comprehensive Income40.2M40.8M38.4M47.2M54.2M57.0M
Intangible Assets92.6M77.9M286.7M292.8M270.6M284.2M
Good Will260.4M261.1M467.3M497.6M510.0M274.3M
Other Liab28.1M24.5M55.8M60.9M70.0M40.7M
Net Tangible Assets6.7M44.5M(164.5M)(190.5M)(171.5M)(162.9M)
Current Deferred Revenue38.9M42.4M73.0M90.1M103.6M108.8M
Other Assets31.8M30.1M42.6M47.4M54.5M30.9M
Long Term Debt334K122.4M286.9M317.8M307.5M176.1M
Long Term Investments11.5M25.7M37.3M38.8M37.2M33.2M
Property Plant Equipment92.8M72.1M81.6M60.5M69.5M51.6M
Long Term Debt Total63.8M174.3M344.1M363.3M417.8M438.7M
Capital Surpluse24.4M30.4M42.4M48.6M55.9M30.1M

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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.
Note that the Altus Group Limited information on this page should be used as a complementary analysis to other Altus Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Please note, there is a significant difference between Altus Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altus Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altus Group'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.