Altus Group Limited Stock Total Debt

AIF Stock  CAD 59.62  1.87  3.24%   
Altus Group Limited fundamentals help investors to digest information that contributes to Altus Group's financial success or failures. It also enables traders to predict the movement of Altus Stock. The fundamental analysis module provides a way to measure Altus Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altus Group stock.
As of the 26th of November 2024, Total Debt To Capitalization is likely to grow to 0.36.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Altus Group Limited Company Total Debt Analysis

Altus Group's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Altus Group Total Debt

    
  355.55 M  
Most of Altus Group's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altus Group Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Altus Total Debt Driver Correlations

Understanding the fundamental principles of building solid financial models for Altus Group is extremely important. It helps to project a fair market value of Altus Stock properly, considering its historical fundamentals such as Total Debt. Since Altus Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altus Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altus Group's interrelated accounts and indicators.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Altus Short Long Term Debt Total

Short Long Term Debt Total

373.33 Million

At this time, Altus Group's Short and Long Term Debt Total is very stable compared to the past year.
Based on the latest financial disclosure, Altus Group Limited has a Total Debt of 355.55 M. This is 93.44% lower than that of the Real Estate Management & Development sector and 90.58% lower than that of the Real Estate industry. The total debt for all Canada stocks is 93.31% higher than that of the company.

Altus Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altus Group's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altus Group could also be used in its relative valuation, which is a method of valuing Altus Group by comparing valuation metrics of similar companies.
Altus Group is currently under evaluation in total debt category among its peers.

Altus Group Current Valuation Drivers

We derive many important indicators used in calculating different scores of Altus Group from analyzing Altus Group's financial statements. These drivers represent accounts that assess Altus Group's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Altus Group's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.5B2.0B3.0B2.3B1.9B2.0B
Enterprise Value1.7B2.1B3.3B2.6B2.2B2.3B

Altus Fundamentals

About Altus Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altus Group Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altus Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altus Group Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Altus Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altus Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altus Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altus Stock

  0.8ELF E L FinancialPairCorr
  0.65FFH Fairfax FinancialPairCorr
  0.72FFH-PC Fairfax Fin HldPairCorr
The ability to find closely correlated positions to Altus Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altus Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altus Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altus Group Limited to buy it.
The correlation of Altus Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altus Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altus Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altus Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Altus Stock

Altus Group financial ratios help investors to determine whether Altus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altus with respect to the benefits of owning Altus Group security.