Altair Historical Income Statement
| ALTR Stock | USD 82.22 0.10 0.12% |
Historical analysis of Altair Engineering income statement accounts such as Interest Income of 17.7 M, Depreciation And Amortization of 23.6 M or Interest Expense of 5.8 M can show how well Altair Engineering performed in making a profits. Evaluating Altair Engineering income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Altair Engineering's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Altair Engineering latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Altair Engineering is a good buy for the upcoming year.
Altair |
About Altair Income Statement Analysis
Altair Engineering Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Altair Engineering shareholders. The income statement also shows Altair investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Altair Engineering Income Statement Chart
Altair Engineering Income Statement is one of the three primary financial statements used for reporting Altair's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Altair Engineering revenue and expense. Altair Engineering Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Altair Engineering's Interest Income is relatively stable compared to the past year. As of 04/23/2024, Selling General Administrative is likely to grow to about 86.5 M, while Depreciation And Amortization is likely to drop slightly above 23.6 M. Add Fundamental
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Altair Engineering generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Altair Engineering's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Altair Engineering current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Altair Engineering. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.At this time, Altair Engineering's Interest Income is relatively stable compared to the past year. As of 04/23/2024, Selling General Administrative is likely to grow to about 86.5 M, while Depreciation And Amortization is likely to drop slightly above 23.6 M.
| 2022 | 2023 | 2024 (projected) | Interest Income | 4.1M | 16.9M | 17.7M | Tax Provision | 15.2M | 21.5M | 18.3M |
Altair Engineering income statement Correlations
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Altair Engineering Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altair Engineering income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 10.9M | 12.5M | 8.5M | 15.2M | 21.5M | 18.3M | |
| Interest Income | 426K | 7.1M | 541K | 4.1M | 16.9M | 17.7M | |
| Depreciation And Amortization | 23.1M | 25.7M | 25.1M | 35.5M | 39.1M | 23.6M | |
| Interest Expense | 6.4M | 11.6M | 12.1M | 4.4M | 6.1M | 5.8M | |
| Selling General Administrative | 82.2M | 86.4M | 91.5M | 97.6M | 70.9M | 86.5M | |
| Selling And Marketing Expenses | 106.1M | 111.4M | 132.8M | 155.2M | 176.1M | 118.7M | |
| Total Revenue | 458.9M | 469.9M | 532.2M | 572.2M | 612.7M | 486.8M | |
| Gross Profit | 326.3M | 348.6M | 402.5M | 449.3M | 490.9M | 358.2M | |
| Other Operating Expenses | 450.7M | 458.2M | 519.8M | 579.2M | 612.5M | 481.0M | |
| Operating Income | 8.2M | 11.7M | 12.3M | (23.8M) | 243K | 230.9K | |
| Net Income From Continuing Ops | (7.5M) | (10.5M) | (8.8M) | (43.4M) | (8.9M) | (9.4M) | |
| Ebit | 8.2M | 11.7M | 12.3M | (23.8M) | 17.1M | 18.0M | |
| Research Development | 117.5M | 126.1M | 151.0M | 185.9M | 212.6M | 136.7M | |
| Ebitda | 31.3M | 37.4M | 37.4M | 11.7M | 56.2M | 29.7M | |
| Cost Of Revenue | 132.6M | 121.3M | 129.7M | 122.9M | 121.8M | 128.7M | |
| Total Operating Expenses | 318.1M | 336.9M | 390.2M | 456.3M | 490.7M | 352.4M | |
| Income Before Tax | 3.4M | 2.0M | (288K) | (28.2M) | 12.6M | 13.2M | |
| Total Other Income Expense Net | (4.8M) | (9.7M) | (12.6M) | (4.4M) | 1.6M | 1.7M | |
| Net Income Applicable To Common Shares | (7.5M) | (10.5M) | (8.8M) | (43.4M) | (39.1M) | (37.1M) | |
| Net Income | (7.5M) | (10.5M) | (8.8M) | (43.4M) | (8.9M) | (9.4M) | |
| Income Tax Expense | 10.9M | 12.5M | 8.5M | 15.2M | 21.5M | 18.3M | |
| Net Interest Income | (6.4M) | (11.6M) | (12.1M) | (4.4M) | 10.7M | 11.3M | |
| Reconciled Depreciation | 21.5M | 23.8M | 25.6M | 35.5M | 39.1M | 27.0M | |
| Non Operating Income Net Other | 1.6M | 1.9M | (562K) | (16.9M) | (15.2M) | (14.4M) |
Altair Engineering Investors Sentiment
The influence of Altair Engineering's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Altair. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Altair Engineering's public news can be used to forecast risks associated with an investment in Altair. The trend in average sentiment can be used to explain how an investor holding Altair can time the market purely based on public headlines and social activities around Altair Engineering. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Altair Engineering's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Altair Engineering's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Altair Engineering's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Altair Engineering.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altair Engineering in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altair Engineering's short interest history, or implied volatility extrapolated from Altair Engineering options trading.
Pair Trading with Altair Engineering
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.Moving together with Altair Stock
| 0.65 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Altair Stock
| 0.52 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.47 | DTSS | Datasea | PairCorr |
| 0.42 | BOX | Box Inc Financial Report 4th of June 2024 | PairCorr |
The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.
The correlation of Altair Engineering is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Engineering. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Altair Stock analysis
When running Altair Engineering's price analysis, check to measure Altair Engineering'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 Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.
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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 7.602 | Quarterly Revenue Growth 0.069 | Return On Assets 0.0029 |
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.