Altice Gross Profit vs Ebitda Analysis

ATUS Stock

USD 2.60 0.09 3.59%

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 Gross Profit and its Ebitda 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.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altice USA Gross Profit account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Altice USA's Gross Profit and Ebitda is 0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda 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 Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Altice USA are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Altice USA's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Altice USA minus its cost of goods sold. It is profit before Altice USA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebitda

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).

	2020	2021	2023	2024 (projected)
Gross Profit	6.7B	6.4B	4.6B	4.5B
Total Revenue	10.1B	9.6B	9.2B	7.7B

Gross Profit Total Revenue

Altice USA fundamental ratios Correlations

	Total Assets	Other Current Liab	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Total Current Liabilities	Other Current Assets	Good Will	Treasury Stock	Short Term Investments	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		-0.02	0.92	0.87	-0.54	0.26	0.97	0.98	0.99	0.77	0.92	0.76	-0.28	0.95	0.51	0.2	0.87	0.92	0.92	0.93	0.99	0.44	-0.58	0.82	0.88	0.97
Other Current Liab	-0.02		0.0	-0.29	-0.45	0.04	-0.17	-0.11	0.04	0.05	-0.08	-0.18	-0.31	-0.06	-0.17	-0.39	0.02	-0.19	-0.28	-0.15	-0.06	-0.26	-0.24	0.02	0.14	-0.1
Other Liab	0.92	0.0		0.74	-0.41	0.16	0.88	0.91	0.91	0.74	0.87	0.76	-0.35	0.96	0.47	0.4	0.84	0.91	0.91	0.92	0.96	0.47	-0.48	0.75	0.87	0.95
Accounts Payable	0.87	-0.29	0.74		-0.53	0.11	0.89	0.88	0.82	0.48	0.9	0.79	0.09	0.84	0.66	0.44	0.67	0.92	0.84	0.81	0.84	0.21	-0.57	0.66	0.58	0.86
Cash	-0.54	-0.45	-0.41	-0.53		-0.3	-0.5	-0.49	-0.53	-0.14	-0.51	-0.27	0.21	-0.56	-0.66	0.04	-0.38	-0.49	-0.33	-0.42	-0.5	0.21	0.9	-0.66	-0.41	-0.52
Other Assets	0.26	0.04	0.16	0.11	-0.3		0.32	0.29	0.24	0.04	0.09	0.09	-0.18	0.23	0.24	-0.35	0.1	0.16	0.27	0.18	0.25	0.31	-0.3	0.42	0.22	0.28
Long Term Debt	0.97	-0.17	0.88	0.89	-0.5	0.32		0.99	0.94	0.68	0.92	0.77	-0.23	0.93	0.57	0.27	0.78	0.94	0.93	0.9	0.96	0.42	-0.61	0.82	0.79	0.97
Total Liab	0.98	-0.11	0.91	0.88	-0.49	0.29	0.99		0.96	0.7	0.92	0.81	-0.23	0.93	0.53	0.27	0.79	0.94	0.94	0.9	0.97	0.45	-0.57	0.8	0.82	0.98
Intangible Assets	0.99	0.04	0.91	0.82	-0.53	0.24	0.94	0.96		0.82	0.88	0.72	-0.33	0.93	0.45	0.12	0.9	0.87	0.89	0.93	0.98	0.45	-0.57	0.82	0.92	0.95
Common Stock	0.77	0.05	0.74	0.48	-0.14	0.04	0.68	0.7	0.82		0.6	0.47	-0.37	0.68	-0.03	-0.05	0.92	0.56	0.66	0.79	0.77	0.52	-0.24	0.59	0.89	0.68
Property Plant Equipment	0.92	-0.08	0.87	0.9	-0.51	0.09	0.92	0.92	0.88	0.6		0.71	-0.14	0.89	0.56	0.46	0.73	0.97	0.86	0.85	0.9	0.31	-0.57	0.64	0.68	0.92
Total Current Liabilities	0.76	-0.18	0.76	0.79	-0.27	0.09	0.77	0.81	0.72	0.47	0.71		0.07	0.74	0.38	0.47	0.54	0.79	0.78	0.67	0.75	0.2	-0.31	0.5	0.55	0.78
Other Current Assets	-0.28	-0.31	-0.35	0.09	0.21	-0.18	-0.23	-0.23	-0.33	-0.37	-0.14	0.07		-0.32	-0.1	0.19	-0.38	-0.17	-0.18	-0.31	-0.32	-0.14	0.29	-0.45	-0.48	-0.28
Good Will	0.95	-0.06	0.96	0.84	-0.56	0.23	0.93	0.93	0.93	0.68	0.89	0.74	-0.32		0.64	0.34	0.85	0.94	0.93	0.96	0.98	0.43	-0.62	0.86	0.86	0.98
Treasury Stock	0.51	-0.17	0.47	0.66	-0.66	0.24	0.57	0.53	0.45	-0.03	0.56	0.38	-0.1	0.64		0.33	0.27	0.63	0.56	0.5	0.54	0.09	-0.63	0.68	0.32	0.61
Short Term Investments	0.2	-0.39	0.4	0.44	0.04	-0.35	0.27	0.27	0.12	-0.05	0.46	0.47	0.19	0.34	0.33		0.09	0.55	0.36	0.28	0.26	-0.11	-0.04	-0.02	-0.05	0.32
Total Stockholder Equity	0.87	0.02	0.84	0.67	-0.38	0.1	0.78	0.79	0.9	0.92	0.73	0.54	-0.38	0.85	0.27	0.09		0.74	0.78	0.94	0.89	0.48	-0.43	0.74	0.92	0.82
Property Plant And Equipment Net	0.92	-0.19	0.91	0.92	-0.49	0.16	0.94	0.94	0.87	0.56	0.97	0.79	-0.17	0.94	0.63	0.55	0.74		0.92	0.89	0.93	0.33	-0.55	0.7	0.69	0.95
Net Debt	0.92	-0.28	0.91	0.84	-0.33	0.27	0.93	0.94	0.89	0.66	0.86	0.78	-0.18	0.93	0.56	0.36	0.78	0.92		0.93	0.95	0.63	-0.38	0.75	0.79	0.96
Retained Earnings	0.93	-0.15	0.92	0.81	-0.42	0.18	0.9	0.9	0.93	0.79	0.85	0.67	-0.31	0.96	0.5	0.28	0.94	0.89	0.93		0.97	0.53	-0.49	0.81	0.89	0.94
Non Current Assets Total	0.99	-0.06	0.96	0.84	-0.5	0.25	0.96	0.97	0.98	0.77	0.9	0.75	-0.32	0.98	0.54	0.26	0.89	0.93	0.95	0.97		0.5	-0.57	0.84	0.9	0.99
Non Currrent Assets Other	0.44	-0.26	0.47	0.21	0.21	0.31	0.42	0.45	0.45	0.52	0.31	0.2	-0.14	0.43	0.09	-0.11	0.48	0.33	0.63	0.53	0.5		0.21	0.37	0.58	0.48
Cash And Short Term Investments	-0.58	-0.24	-0.48	-0.57	0.9	-0.3	-0.61	-0.57	-0.57	-0.24	-0.57	-0.31	0.29	-0.62	-0.63	-0.04	-0.43	-0.55	-0.38	-0.49	-0.57	0.21		-0.74	-0.47	-0.59
Net Receivables	0.82	0.02	0.75	0.66	-0.66	0.42	0.82	0.8	0.82	0.59	0.64	0.5	-0.45	0.86	0.68	-0.02	0.74	0.7	0.75	0.81	0.84	0.37	-0.74		0.85	0.84
Common Stock Shares Outstanding	0.88	0.14	0.87	0.58	-0.41	0.22	0.79	0.82	0.92	0.89	0.68	0.55	-0.48	0.86	0.32	-0.05	0.92	0.69	0.79	0.89	0.9	0.58	-0.47	0.85		0.85
Non Current Liabilities Total	0.97	-0.1	0.95	0.86	-0.52	0.28	0.97	0.98	0.95	0.68	0.92	0.78	-0.28	0.98	0.61	0.32	0.82	0.95	0.96	0.94	0.99	0.48	-0.59	0.84	0.85

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Altice USA Account Relationship Matchups

Altice USA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.6B	33.4B	33.2B	33.7B	32.7B	19.0B
Other Current Liab	947.0M	908.7M	661.3M	631.5M	878.8M	812.1M
Other Liab	5.2B	5.5B	5.4B	5.4B	6.2B	6.5B
Cash	298.8M	278.4M	195.7M	305.5M	302.3M	451.3M
Other Assets	2.0B	15.7B	2.2B	74.1M	85.2M	80.9M
Long Term Debt	24.2B	25.5B	25.5B	24.4B	24.6B	15.9B
Total Liab	29.9B	34.6B	34.1B	34.2B	33.2B	21.3B
Intangible Assets	17.2B	15.8B	15.4B	14.9B	14.5B	7.5B
Common Stock	7.1M	4.8M	4.5M	4.6M	4.6M	4.2M
Property Plant Equipment	6.0B	5.8B	6.3B	7.5B	8.6B	4.9B
Total Current Liabilities	2.0B	3.1B	2.7B	4.0B	2.3B	2.6B
Other Current Assets	200.3M	246.2M	184.0M	1.6B	174.5M	165.7M
Good Will	8.0B	8.2B	8.2B	8.2B	8.0B	8.4B
Short Term Investments	0.0	2.0M	5.1M	1.5B	1.7B	1.8B
Total Stockholder Equity	3.7B	(1.1B)	(819.8M)	(475.2M)	(422.2M)	(443.3M)
Property Plant And Equipment Net	5.8B	6.0B	6.6B	7.8B	8.4B	6.1B
Net Debt	22.5B	26.7B	26.6B	26.5B	25.1B	20.7B
Retained Earnings	251.8M	(985.6M)	(848.8M)	(654.3M)	(601.1M)	(631.1M)
Non Current Assets Total	32.7B	32.4B	32.4B	31.1B	31.9B	25.6B
Non Currrent Assets Other	2.3B	2.2B	(2.7B)	(800.2M)	81.9M	77.8M
Cash And Short Term Investments	298.8M	278.4M	195.7M	305.5M	302.3M	359.4M
Common Stock Shares Outstanding	662.5M	583.7M	462.3M	453.3M	455.0M	537.2M
Non Current Liabilities Total	27.9B	31.5B	31.4B	30.1B	30.8B	25.6B
Other Stockholder Equity	(272.4M)	(163.9M)	18.0M	182.7M	187.2M	177.8M
Total Current Assets	903.3M	976.6M	789.6M	2.6B	834.8M	1.2B
Short Long Term Debt Total	22.8B	27.0B	26.8B	26.8B	25.4B	23.1B
Liabilities And Stockholders Equity	33.6B	33.4B	33.2B	33.7B	32.7B	29.2B
Inventory	2.2M	51.0M	264K	(3.0M)	1.8B	0.95
Accumulated Other Comprehensive Income	(11.8M)	3.6M	6.5M	(8.2M)	(12.9M)	(13.5M)
Short Term Debt	1.2B	1.3B	955.9M	2.1B	407.4M	387.0M
Net Tangible Assets	(22.4B)	(12.1B)	(11.2B)	(23.6B)	(21.2B)	(22.3B)
Short Long Term Debt	148.7M	1.2B	808.1M	1.9B	235.8M	224.0M
Current Deferred Revenue	140.1M	109.8M	94.9M	80.6M	85.0M	79.7M
Long Term Debt Total	21.3B	22.7B	24.2B	25.5B	29.3B	25.6B
Capital Surpluse	3.4B	2.0B	18.0M	182.7M	164.4M	156.2M
Capital Lease Obligations	291.1M	320.9M	456.0M	504.8M	493.0M	294.4M

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