ATUS Stock | | | USD 2.41 0.19 7.31% |
Altice USA financial indicator trend analysis is way more than just evaluating Altice USA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altice USA is a good investment. Please check the relationship between Altice USA Ebitda and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Altice USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Altice Stock please use our
How to Invest in Altice USA guide.
Ebitda vs Cost Of Revenue
Ebitda vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Altice USA Ebitda account and
Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Altice USA's Ebitda and Cost Of Revenue is 0.41. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Altice USA, assuming nothing else is changed. The correlation between historical values of Altice USA's Ebitda 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 Ebitda of Altice USA 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 Ebitda i.e., Altice USA's Ebitda and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ebitda
Cost Of Revenue
Cost of Revenue is found on Altice USA income statement and represents the costs associated with goods and services Altice USA 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 Altice USA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altice USA 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 Altice USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Altice Stock please use our
How to Invest in Altice USA guide.At this time, Altice USA's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 10.87 in 2024, despite the fact that
Discontinued Operations is likely to grow to (10.7
M).
Altice USA fundamental ratios Correlations
Click cells to compare fundamentals
Altice USA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altice USA fundamental ratios Accounts
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Additional Tools for Altice Stock Analysis
When running Altice USA's price analysis, check to
measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to
predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.