Altice USA Financials

ATUS Stock  USD 2.59  0.17  7.02%   
Based on the key measurements obtained from Altice USA's financial statements, Altice USA may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Altice USA's Total Current Assets are comparatively stable compared to the past year. Deferred Long Term Liabilities is likely to gain to about 6 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 812.1 M in 2024. Key indicators impacting Altice USA's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income1.2 B1.9 B
Way Down
Slightly volatile
Current Ratio0.680.3617
Way Up
Pretty Stable
Investors should never underestimate Altice USA's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Altice USA's cash flow, debt, and profitability to make informed and accurate decisions about investing in Altice USA.

Net Income

50.54 Million

  
Understanding current and past Altice USA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altice USA's financial statements are interrelated, with each one affecting the others. For example, an increase in Altice USA's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Altice USA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Altice USA. Check Altice USA's Beneish M Score to see the likelihood of Altice USA's management manipulating its earnings.

Altice USA Stock Summary

Altice USA competes with Liberty Broadband, Cogent Communications, Charter Communications, Liberty Broadband, and TIM Participacoes. Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. The company was incorporated in 2015 and is headquartered in Long Island City, New York. Altice USA operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 9000 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS02156K1034
CUSIP02156K103
LocationNew York; U.S.A
Business Address1 Court Square
SectorMedia
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.alticeusa.com
Phone516 803 2300
CurrencyUSD - US Dollar

Altice USA Key Financial Ratios

Altice USA Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets33.6B33.4B33.2B33.7B32.7B19.0B
Other Current Liab947.0M908.7M661.3M631.5M878.8M812.1M
Other Liab5.2B5.5B5.4B5.4B6.2B6.5B
Cash298.8M278.4M195.7M305.5M302.3M451.3M
Other Assets2.0B15.7B2.2B74.1M85.2M80.9M
Long Term Debt24.2B25.5B25.5B24.4B24.6B15.9B
Total Liab29.9B34.6B34.1B34.2B33.2B21.3B
Intangible Assets17.2B15.8B15.4B14.9B14.5B7.5B
Common Stock7.1M4.8M4.5M4.6M4.6M4.2M
Other Current Assets200.3M246.2M184.0M1.6B174.5M165.7M
Good Will8.0B8.2B8.2B8.2B8.0B8.4B
Net Debt22.5B26.7B26.6B26.5B25.1B20.7B
Retained Earnings251.8M(985.6M)(848.8M)(654.3M)(601.1M)(631.1M)
Total Current Assets903.3M976.6M789.6M2.6B834.8M1.2B
Inventory2.2M51.0M264K(3.0M)1.8B0.95
Short Term Debt1.2B1.3B955.9M2.1B407.4M387.0M
Net Tangible Assets(22.4B)(12.1B)(11.2B)(23.6B)(21.2B)(22.3B)
Short Long Term Debt148.7M1.2B808.1M1.9B235.8M224.0M
Long Term Debt Total21.3B22.7B24.2B25.5B29.3B25.6B
Capital Surpluse3.4B2.0B18.0M182.7M164.4M156.2M

Altice USA Key Income Statement Accounts

The reason investors look at the income statement is to determine what Altice USA's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.6B1.4B1.3B1.3B1.6B1.7B
Total Revenue9.6B9.9B10.1B9.6B9.2B7.7B
Gross Profit6.4B6.6B6.7B6.4B4.6B4.5B
Operating Income1.7B2.1B2.5B1.8B1.9B1.2B
Cost Of Revenue3.2B3.3B3.4B3.2B4.7B3.2B
Income Before Tax(18.1M)583.2M1.3B516.7M118.6M235.8M
Net Income18.8M436.2M990.3M194.6M53.2M50.5M
Income Tax Expense(38.7M)139.7M295.0M295.8M39.5M41.5M
Minority Interest9.3M7.3M20.6M(26.3M)(25.8M)(24.5M)
Ebit2.0B2.2B2.5B1.9B1.9B1.6B
Ebitda4.3B4.3B4.3B3.7B3.6B3.4B
Tax Provision47.2M139.7M295.0M295.8M39.5M41.5M
Net Interest Income(1.5B)(1.4B)(1.3B)(1.3B)(1.6B)(1.7B)
Interest Income10.9M5.7M2.2M160K144K136.8K

Altice USA Key Cash Accounts

201920202021202220232024 (projected)
Capital Expenditures1.2B1.1B1.2B1.9B1.7B1.2B
Net Income20.6M443.5M1.0B220.9M53.2M50.5M
Dividends Paid919.3M1.5B0.014.3M12.9M12.3M
End Period Cash Flow299.0M278.7M196.0M305.8M302.3M369.1M
Change In Cash(31.1M)(423.5M)(82.7M)109.8M(3.4M)(3.6M)
Free Cash Flow1.4B1.9B1.6B452.6M121.6M115.5M
Depreciation2.4B2.1B1.8B1.8B1.7B1.8B
Other Non Cash Items249.5M345.9M263.5M447.9M300.8M328.4M
Investments2.3M(1.2B)(1.6B)(1.9B)(2.0B)(2.1B)
Net Borrowings1.1B1.7B(546.1M)4.3B4.9B5.2B
Change To Netincome762.4M833.4M311.3M(438.3M)(504.1M)(478.9M)
Change To Inventory33.1M118.4M177.3M(46.7M)(42.1M)(39.9M)
Change Receivables(121.3M)(47.2M)(6.6M)(53.0M)(61.0M)(64.0M)

Altice Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Altice USA's current stock value. Our valuation model uses many indicators to compare Altice USA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altice USA competition to find correlations between indicators driving Altice USA's intrinsic value. More Info.
Altice USA is number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.04  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Altice USA is roughly  23.22 . At this time, Altice USA's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Altice USA by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Altice USA Systematic Risk

Altice USA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altice USA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Altice USA correlated with the market. If Beta is less than 0 Altice USA generally moves in the opposite direction as compared to the market. If Altice USA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altice USA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altice USA is generally in the same direction as the market. If Beta > 1 Altice USA moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Altice USA Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Altice USA's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Altice USA growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.37)

At this time, Altice USA's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Altice USA November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Altice USA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altice USA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altice USA based on widely used predictive technical indicators. In general, we focus on analyzing Altice Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altice USA's daily price indicators and compare them against related drivers.

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.