Altisource Total Revenue vs Cost Of Revenue 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 Total Revenue and its Cost Of Revenue 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.

Total Revenue vs Cost Of Revenue

Total Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altisource Portfolio Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Altisource Portfolio's Total Revenue and Cost Of Revenue is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue 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 Total Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Altisource Portfolio Solutions are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Revenue i.e., Altisource Portfolio's Total Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Altisource Portfolio 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.

Cost Of Revenue

Cost of Revenue is found on Altisource Portfolio income statement and represents the costs associated with goods and services Altisource Portfolio provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Profit7.1M21.8M29.7M28.2M
Total Revenue178.5M153.1M145.1M137.8M

Altisource Portfolio fundamental ratios Correlations

0.90.930.670.370.790.540.810.690.10.240.820.80.270.870.80.880.240.780.98-0.10.920.790.270.78-0.38
0.90.960.410.240.890.240.860.670.060.210.870.770.240.910.850.930.080.80.810.020.950.830.240.83-0.42
0.930.960.450.330.880.270.850.730.090.190.880.850.350.920.840.940.290.80.86-0.070.930.860.350.83-0.46
0.670.410.45-0.030.220.710.110.050.35-0.050.140.39-0.120.410.10.40.420.090.720.010.470.45-0.120.060.04
0.370.240.33-0.030.180.480.530.68-0.590.670.510.110.460.150.520.18-0.280.620.42-0.480.34-0.040.460.54-0.72
0.790.890.880.220.18-0.010.850.590.110.120.860.790.330.90.850.920.130.760.680.180.890.880.340.84-0.36
0.540.240.270.710.48-0.010.20.33-0.270.50.20.040.110.10.190.1-0.030.280.65-0.360.37-0.020.110.18-0.33
0.810.860.850.110.530.850.20.86-0.160.381.00.720.440.821.00.83-0.070.980.75-0.140.840.670.441.0-0.5
0.690.670.730.050.680.590.330.86-0.360.490.880.610.460.580.860.60.010.90.69-0.470.680.380.460.88-0.62
0.10.060.090.35-0.590.11-0.27-0.16-0.36-0.82-0.140.41-0.230.3-0.160.250.54-0.220.090.41-0.070.49-0.25-0.190.72
0.240.210.19-0.050.670.120.50.380.49-0.820.36-0.130.33-0.020.370.02-0.330.450.26-0.560.32-0.230.340.39-0.68
0.820.870.880.140.510.860.21.00.88-0.140.360.760.450.841.00.850.00.970.76-0.140.850.70.460.99-0.5
0.80.770.850.390.110.790.040.720.610.41-0.130.760.090.890.720.890.490.670.76-0.10.680.860.090.72-0.09
0.270.240.35-0.120.460.330.110.440.46-0.230.330.450.090.170.440.190.10.440.240.090.320.221.00.46-0.34
0.870.910.920.410.150.90.10.820.580.3-0.020.840.890.170.820.990.260.760.790.060.860.930.180.8-0.25
0.80.850.840.10.520.850.191.00.86-0.160.371.00.720.440.820.83-0.070.980.74-0.130.840.670.451.0-0.49
0.880.930.940.40.180.920.10.830.60.250.020.850.890.190.990.830.260.760.790.050.870.930.190.81-0.32
0.240.080.290.42-0.280.13-0.03-0.070.010.54-0.330.00.490.10.26-0.070.26-0.130.26-0.130.060.40.1-0.070.25
0.780.80.80.090.620.760.280.980.9-0.220.450.970.670.440.760.980.76-0.130.74-0.240.790.570.440.98-0.53
0.980.810.860.720.420.680.650.750.690.090.260.760.760.240.790.740.790.260.74-0.190.840.70.250.72-0.34
-0.10.02-0.070.01-0.480.18-0.36-0.14-0.470.41-0.56-0.14-0.10.090.06-0.130.05-0.13-0.24-0.19-0.010.320.09-0.160.34
0.920.950.930.470.340.890.370.840.68-0.070.320.850.680.320.860.840.870.060.790.84-0.010.760.320.82-0.54
0.790.830.860.45-0.040.88-0.020.670.380.49-0.230.70.860.220.930.670.930.40.570.70.320.760.230.64-0.07
0.270.240.35-0.120.460.340.110.440.46-0.250.340.460.091.00.180.450.190.10.440.250.090.320.230.46-0.35
0.780.830.830.060.540.840.181.00.88-0.190.390.990.720.460.81.00.81-0.070.980.72-0.160.820.640.46-0.51
-0.38-0.42-0.460.04-0.72-0.36-0.33-0.5-0.620.72-0.68-0.5-0.09-0.34-0.25-0.49-0.320.25-0.53-0.340.34-0.54-0.07-0.35-0.51
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Altisource Portfolio Account Relationship Matchups

Altisource Portfolio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets385.1M265.7M257.8M195.0M154.9M147.1M
Other Current Liab48.6M41.7M31.5M18.1M14.6M13.9M
Total Current Liabilities87.6M71.5M54.7M40.1M35.8M34.0M
Total Stockholder Equity(22.8M)(83.8M)(70.1M)(119.6M)(125.7M)(119.4M)
Accounts Payable22.4M16.8M16.0M15.0M15.3M13.0M
Cash82.7M58.3M98.1M51.0M32.5M30.9M
Other Assets21.6M45.4M12.5M10.2M11.7M11.2M
Long Term Debt287.9M242.7M243.6M245.2M215.6M267.4M
Common Stock Shares Outstanding16.0M15.6M16.1M16.1M22.4M16.9M
Other Current Assets15.2M19.5M21.9M23.5M11.3M15.0M
Total Liab406.5M348.2M326.7M313.9M279.9M369.0M
Intangible Assets61.0M46.3M36.9M31.7M26.5M25.2M
Property Plant Equipment53.6M11.9M6.9M9.5M11.0M10.4M
Short Long Term Debt Total299.3M250.3M246.5M245.2M219.1M289.5M
Property Plant And Equipment Net53.6M30.1M14.5M9.5M5.1M4.8M
Current Deferred Revenue5.2M5.5M4.3M3.7M3.2M3.0M
Net Debt205.1M184.4M145.5M194.2M186.6M198.4M
Non Current Assets Total200.9M165.5M119.8M107.4M99.3M94.4M
Non Currrent Assets Other7.0M6.0M2.1M1.9M6.7M6.4M
Cash And Short Term Investments125.4M58.3M98.1M51.0M32.5M30.9M
Net Receivables43.6M22.4M18.0M13.0M11.7M11.1M
Liabilities And Stockholders Equity385.1M265.7M257.8M195.0M154.9M147.1M
Non Current Liabilities Total318.9M276.7M271.9M273.8M244.2M303.9M
Other Stockholder Equity(570.9M)(407.4M)(282.1M)(264.0M)24.5M25.8M
Property Plant And Equipment Gross53.6M30.1M14.5M9.5M54.9M57.3M
Total Current Assets184.2M100.2M138.0M87.6M55.5M52.8M
Accumulated Other Comprehensive Income(21.4M)(82.6M)0.0(118.9M)(125.1M)(118.8M)
Short Term Debt11.4M7.6M2.9M2.1M1.6M1.5M
Other Liab20.4M34.0M28.3M25.2M29.0M18.3M
Retained Earnings272.0M190.4M186.6M118.9M(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 Entity1.2M1.5M1.2M1.3M1.1M1.2M
Retained Earnings Total Equity590.7M272.0M190.4M186.6M214.6M342.7M
Long Term Debt Total331.5M287.9M242.7M243.6M280.2M366.9M

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Additional Tools for Altisource Stock Analysis

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