Altisource Operating Income vs Interest Expense 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 Operating Income and its Interest Expense 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.

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altisource Portfolio Operating Income account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Altisource Portfolio's Operating Income and Interest Expense is -0.17. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense 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 Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Altisource Portfolio Solutions are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., Altisource Portfolio's Operating Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Altisource Portfolio operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Altisource Portfolio Solutions is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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

Gross Profit Total Revenue

Altisource Portfolio fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.9	0.93	0.67	0.37	0.79	0.54	0.81	0.69	0.1	0.24	0.82	0.8	0.27	0.87	0.8	0.88	0.24	0.78	0.98	-0.1	0.92	0.79	0.27	0.78	-0.38
Other Current Liab	0.9		0.96	0.41	0.24	0.89	0.24	0.86	0.67	0.06	0.21	0.87	0.77	0.24	0.91	0.85	0.93	0.08	0.8	0.81	0.02	0.95	0.83	0.24	0.83	-0.42
Total Current Liabilities	0.93	0.96		0.45	0.33	0.88	0.27	0.85	0.73	0.09	0.19	0.88	0.85	0.35	0.92	0.84	0.94	0.29	0.8	0.86	-0.07	0.93	0.86	0.35	0.83	-0.46
Total Stockholder Equity	0.67	0.41	0.45		-0.03	0.22	0.71	0.11	0.05	0.35	-0.05	0.14	0.39	-0.12	0.41	0.1	0.4	0.42	0.09	0.72	0.01	0.47	0.45	-0.12	0.06	0.04
Accounts Payable	0.37	0.24	0.33	-0.03		0.18	0.48	0.53	0.68	-0.59	0.67	0.51	0.11	0.46	0.15	0.52	0.18	-0.28	0.62	0.42	-0.48	0.34	-0.04	0.46	0.54	-0.72
Cash	0.79	0.89	0.88	0.22	0.18		-0.01	0.85	0.59	0.11	0.12	0.86	0.79	0.33	0.9	0.85	0.92	0.13	0.76	0.68	0.18	0.89	0.88	0.34	0.84	-0.36
Other Assets	0.54	0.24	0.27	0.71	0.48	-0.01		0.2	0.33	-0.27	0.5	0.2	0.04	0.11	0.1	0.19	0.1	-0.03	0.28	0.65	-0.36	0.37	-0.02	0.11	0.18	-0.33
Long Term Debt	0.81	0.86	0.85	0.11	0.53	0.85	0.2		0.86	-0.16	0.38	1.0	0.72	0.44	0.82	1.0	0.83	-0.07	0.98	0.75	-0.14	0.84	0.67	0.44	1.0	-0.5
Good Will	0.69	0.67	0.73	0.05	0.68	0.59	0.33	0.86		-0.36	0.49	0.88	0.61	0.46	0.58	0.86	0.6	0.01	0.9	0.69	-0.47	0.68	0.38	0.46	0.88	-0.62
Common Stock Shares Outstanding	0.1	0.06	0.09	0.35	-0.59	0.11	-0.27	-0.16	-0.36		-0.82	-0.14	0.41	-0.23	0.3	-0.16	0.25	0.54	-0.22	0.09	0.41	-0.07	0.49	-0.25	-0.19	0.72
Other Current Assets	0.24	0.21	0.19	-0.05	0.67	0.12	0.5	0.38	0.49	-0.82		0.36	-0.13	0.33	-0.02	0.37	0.02	-0.33	0.45	0.26	-0.56	0.32	-0.23	0.34	0.39	-0.68
Total Liab	0.82	0.87	0.88	0.14	0.51	0.86	0.2	1.0	0.88	-0.14	0.36		0.76	0.45	0.84	1.0	0.85	0.0	0.97	0.76	-0.14	0.85	0.7	0.46	0.99	-0.5
Intangible Assets	0.8	0.77	0.85	0.39	0.11	0.79	0.04	0.72	0.61	0.41	-0.13	0.76		0.09	0.89	0.72	0.89	0.49	0.67	0.76	-0.1	0.68	0.86	0.09	0.72	-0.09
Common Stock	0.27	0.24	0.35	-0.12	0.46	0.33	0.11	0.44	0.46	-0.23	0.33	0.45	0.09		0.17	0.44	0.19	0.1	0.44	0.24	0.09	0.32	0.22	1.0	0.46	-0.34
Property Plant Equipment	0.87	0.91	0.92	0.41	0.15	0.9	0.1	0.82	0.58	0.3	-0.02	0.84	0.89	0.17		0.82	0.99	0.26	0.76	0.79	0.06	0.86	0.93	0.18	0.8	-0.25
Short Long Term Debt Total	0.8	0.85	0.84	0.1	0.52	0.85	0.19	1.0	0.86	-0.16	0.37	1.0	0.72	0.44	0.82		0.83	-0.07	0.98	0.74	-0.13	0.84	0.67	0.45	1.0	-0.49
Property Plant And Equipment Net	0.88	0.93	0.94	0.4	0.18	0.92	0.1	0.83	0.6	0.25	0.02	0.85	0.89	0.19	0.99	0.83		0.26	0.76	0.79	0.05	0.87	0.93	0.19	0.81	-0.32
Current Deferred Revenue	0.24	0.08	0.29	0.42	-0.28	0.13	-0.03	-0.07	0.01	0.54	-0.33	0.0	0.49	0.1	0.26	-0.07	0.26		-0.13	0.26	-0.13	0.06	0.4	0.1	-0.07	0.25
Net Debt	0.78	0.8	0.8	0.09	0.62	0.76	0.28	0.98	0.9	-0.22	0.45	0.97	0.67	0.44	0.76	0.98	0.76	-0.13		0.74	-0.24	0.79	0.57	0.44	0.98	-0.53
Non Current Assets Total	0.98	0.81	0.86	0.72	0.42	0.68	0.65	0.75	0.69	0.09	0.26	0.76	0.76	0.24	0.79	0.74	0.79	0.26	0.74		-0.19	0.84	0.7	0.25	0.72	-0.34
Non Currrent Assets Other	-0.1	0.02	-0.07	0.01	-0.48	0.18	-0.36	-0.14	-0.47	0.41	-0.56	-0.14	-0.1	0.09	0.06	-0.13	0.05	-0.13	-0.24	-0.19		-0.01	0.32	0.09	-0.16	0.34
Cash And Short Term Investments	0.92	0.95	0.93	0.47	0.34	0.89	0.37	0.84	0.68	-0.07	0.32	0.85	0.68	0.32	0.86	0.84	0.87	0.06	0.79	0.84	-0.01		0.76	0.32	0.82	-0.54
Net Receivables	0.79	0.83	0.86	0.45	-0.04	0.88	-0.02	0.67	0.38	0.49	-0.23	0.7	0.86	0.22	0.93	0.67	0.93	0.4	0.57	0.7	0.32	0.76		0.23	0.64	-0.07
Common Stock Total Equity	0.27	0.24	0.35	-0.12	0.46	0.34	0.11	0.44	0.46	-0.25	0.34	0.46	0.09	1.0	0.18	0.45	0.19	0.1	0.44	0.25	0.09	0.32	0.23		0.46	-0.35
Non Current Liabilities Total	0.78	0.83	0.83	0.06	0.54	0.84	0.18	1.0	0.88	-0.19	0.39	0.99	0.72	0.46	0.8	1.0	0.81	-0.07	0.98	0.72	-0.16	0.82	0.64	0.46		-0.51
Other Stockholder Equity	-0.38	-0.42	-0.46	0.04	-0.72	-0.36	-0.33	-0.5	-0.62	0.72	-0.68	-0.5	-0.09	-0.34	-0.25	-0.49	-0.32	0.25	-0.53	-0.34	0.34	-0.54	-0.07	-0.35	-0.51

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Altisource Portfolio Account Relationship Matchups

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

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