Altisource Intangible Assets vs Common Stock Total Equity Analysis

ASPS Stock  USD 0.76  0.01  1.33%   
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 Intangible Assets and its Common Stock Total Equity 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.

Intangible Assets vs Common Stock Total Equity

Intangible Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altisource Portfolio Intangible Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Altisource Portfolio's Intangible Assets and Common Stock Total Equity is 0.09. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Total Equity 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 Intangible Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Altisource Portfolio Solutions are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Intangible Assets i.e., Altisource Portfolio's Intangible Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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
Click cells to compare fundamentals

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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