Altisource Ebit vs Non Recurring Analysis
ASPS Stock | USD 0.89 0.05 5.32% |
Altisource Portfolio financial indicator trend analysis is way more than just evaluating Altisource Portfolio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altisource Portfolio is a good investment. Please check the relationship between Altisource Portfolio Ebit and its Non Recurring accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Portfolio Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Ebit vs Non Recurring
Ebit vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altisource Portfolio Ebit account and Non Recurring. At this time, the significance of the direction appears to have strong relationship.
The correlation between Altisource Portfolio's Ebit and Non Recurring is 0.6. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Altisource Portfolio Solutions, assuming nothing else is changed. The correlation between historical values of Altisource Portfolio's Ebit and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Altisource Portfolio Solutions are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Ebit i.e., Altisource Portfolio's Ebit and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebit
Non Recurring
Most indicators from Altisource Portfolio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altisource Portfolio 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 Altisource Portfolio Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. Tax Provision is likely to gain to about 11 M in 2024, whereas Selling General Administrative is likely to drop slightly above 36.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.1M | 21.8M | 29.7M | 28.2M | Total Revenue | 178.5M | 153.1M | 145.1M | 137.8M |
Altisource Portfolio fundamental ratios Correlations
Click cells to compare fundamentals
Altisource Portfolio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altisource Portfolio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 385.1M | 265.7M | 257.8M | 195.0M | 154.9M | 147.1M | |
Other Current Liab | 48.6M | 41.7M | 31.5M | 18.1M | 14.6M | 13.9M | |
Total Current Liabilities | 87.6M | 71.5M | 54.7M | 40.1M | 35.8M | 34.0M | |
Total Stockholder Equity | (22.8M) | (83.8M) | (70.1M) | (119.6M) | (125.7M) | (119.4M) | |
Accounts Payable | 22.4M | 16.8M | 16.0M | 15.0M | 15.3M | 13.0M | |
Cash | 82.7M | 58.3M | 98.1M | 51.0M | 32.5M | 30.9M | |
Other Assets | 21.6M | 45.4M | 12.5M | 10.2M | 11.7M | 11.2M | |
Long Term Debt | 287.9M | 242.7M | 243.6M | 245.2M | 215.6M | 267.4M | |
Common Stock Shares Outstanding | 16.0M | 15.6M | 16.1M | 16.1M | 22.4M | 16.9M | |
Other Current Assets | 15.2M | 19.5M | 21.9M | 23.5M | 11.3M | 15.0M | |
Total Liab | 406.5M | 348.2M | 326.7M | 313.9M | 279.9M | 369.0M | |
Intangible Assets | 61.0M | 46.3M | 36.9M | 31.7M | 26.5M | 25.2M | |
Property Plant Equipment | 53.6M | 11.9M | 6.9M | 9.5M | 11.0M | 10.4M | |
Short Long Term Debt Total | 299.3M | 250.3M | 246.5M | 245.2M | 219.1M | 289.5M | |
Property Plant And Equipment Net | 53.6M | 30.1M | 14.5M | 9.5M | 5.1M | 4.8M | |
Current Deferred Revenue | 5.2M | 5.5M | 4.3M | 3.7M | 3.2M | 3.0M | |
Net Debt | 205.1M | 184.4M | 145.5M | 194.2M | 186.6M | 198.4M | |
Non Current Assets Total | 200.9M | 165.5M | 119.8M | 107.4M | 99.3M | 94.4M | |
Non Currrent Assets Other | 7.0M | 6.0M | 2.1M | 1.9M | 6.7M | 6.4M | |
Cash And Short Term Investments | 125.4M | 58.3M | 98.1M | 51.0M | 32.5M | 30.9M | |
Net Receivables | 43.6M | 22.4M | 18.0M | 13.0M | 11.7M | 11.1M | |
Liabilities And Stockholders Equity | 385.1M | 265.7M | 257.8M | 195.0M | 154.9M | 147.1M | |
Non Current Liabilities Total | 318.9M | 276.7M | 271.9M | 273.8M | 244.2M | 303.9M | |
Other Stockholder Equity | (570.9M) | (407.4M) | (282.1M) | (264.0M) | 24.5M | 25.8M | |
Property Plant And Equipment Gross | 53.6M | 30.1M | 14.5M | 9.5M | 54.9M | 57.3M | |
Total Current Assets | 184.2M | 100.2M | 138.0M | 87.6M | 55.5M | 52.8M | |
Accumulated Other Comprehensive Income | (21.4M) | (82.6M) | 0.0 | (118.9M) | (125.1M) | (118.8M) | |
Short Term Debt | 11.4M | 7.6M | 2.9M | 2.1M | 1.6M | 1.5M | |
Other Liab | 20.4M | 34.0M | 28.3M | 25.2M | 29.0M | 18.3M | |
Retained Earnings | 272.0M | 190.4M | 186.6M | 118.9M | (180.2M) | (171.2M) | |
Treasury Stock | (443.3M) | (453.9M) | (441.0M) | (426.4M) | (383.8M) | (403.0M) | |
Net Tangible Assets | (157.7M) | (203.9M) | (163.0M) | (207.3M) | (186.6M) | (177.3M) | |
Noncontrolling Interest In Consolidated Entity | 1.2M | 1.5M | 1.2M | 1.3M | 1.1M | 1.2M | |
Retained Earnings Total Equity | 590.7M | 272.0M | 190.4M | 186.6M | 214.6M | 342.7M | |
Long Term Debt Total | 331.5M | 287.9M | 242.7M | 243.6M | 280.2M | 366.9M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Altisource Stock Analysis
When running Altisource Portfolio's price analysis, check to measure Altisource Portfolio'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 Portfolio is operating at the current time. Most of Altisource Portfolio's value examination focuses on studying past and present price action to predict the probability of Altisource Portfolio'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 Portfolio's price. Additionally, you may evaluate how the addition of Altisource Portfolio to your portfolios can decrease your overall portfolio volatility.