Altisource Net Receivables vs Total Assets Analysis

ASPS Stock

USD 0.75 0.09 10.71%

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 Net Receivables and its Total Assets 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.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altisource Portfolio Net Receivables account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Altisource Portfolio's Net Receivables and Total Assets is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets 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 Net Receivables and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Altisource Portfolio Solutions are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Altisource Portfolio's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

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Net Receivables

Total Assets

Total assets refers to the total amount of Altisource Portfolio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Altisource Portfolio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Profit	7.1M	21.8M	29.7M	28.2M
Total Revenue	178.5M	153.1M	145.1M	137.8M

Gross Profit Total Revenue

Altisource Portfolio fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.9	0.93	0.67	0.37	0.79	0.54	0.81	0.69	0.1	0.24	0.82	0.8	0.27	0.87	0.8	0.88	0.24	0.78	0.98	-0.1	0.92	0.79	0.27	0.78	-0.38
Other Current Liab	0.9		0.96	0.41	0.24	0.89	0.24	0.86	0.67	0.06	0.21	0.87	0.77	0.24	0.91	0.85	0.93	0.08	0.8	0.81	0.02	0.95	0.83	0.24	0.83	-0.42
Total Current Liabilities	0.93	0.96		0.45	0.33	0.88	0.27	0.85	0.73	0.09	0.19	0.88	0.85	0.35	0.92	0.84	0.94	0.29	0.8	0.86	-0.07	0.93	0.86	0.35	0.83	-0.46
Total Stockholder Equity	0.67	0.41	0.45		-0.03	0.22	0.71	0.11	0.05	0.35	-0.05	0.14	0.39	-0.12	0.41	0.1	0.4	0.42	0.09	0.72	0.01	0.47	0.45	-0.12	0.06	0.04
Accounts Payable	0.37	0.24	0.33	-0.03		0.18	0.48	0.53	0.68	-0.59	0.67	0.51	0.11	0.46	0.15	0.52	0.18	-0.28	0.62	0.42	-0.48	0.34	-0.04	0.46	0.54	-0.72
Cash	0.79	0.89	0.88	0.22	0.18		-0.01	0.85	0.59	0.11	0.12	0.86	0.79	0.33	0.9	0.85	0.92	0.13	0.76	0.68	0.18	0.89	0.88	0.34	0.84	-0.36
Other Assets	0.54	0.24	0.27	0.71	0.48	-0.01		0.2	0.33	-0.27	0.5	0.2	0.04	0.11	0.1	0.19	0.1	-0.03	0.28	0.65	-0.36	0.37	-0.02	0.11	0.18	-0.33
Long Term Debt	0.81	0.86	0.85	0.11	0.53	0.85	0.2		0.86	-0.16	0.38	1.0	0.72	0.44	0.82	1.0	0.83	-0.07	0.98	0.75	-0.14	0.84	0.67	0.44	1.0	-0.5
Good Will	0.69	0.67	0.73	0.05	0.68	0.59	0.33	0.86		-0.36	0.49	0.88	0.61	0.46	0.58	0.86	0.6	0.01	0.9	0.69	-0.47	0.68	0.38	0.46	0.88	-0.62
Common Stock Shares Outstanding	0.1	0.06	0.09	0.35	-0.59	0.11	-0.27	-0.16	-0.36		-0.82	-0.14	0.41	-0.23	0.3	-0.16	0.25	0.54	-0.22	0.09	0.41	-0.07	0.49	-0.25	-0.19	0.72
Other Current Assets	0.24	0.21	0.19	-0.05	0.67	0.12	0.5	0.38	0.49	-0.82		0.36	-0.13	0.33	-0.02	0.37	0.02	-0.33	0.45	0.26	-0.56	0.32	-0.23	0.34	0.39	-0.68
Total Liab	0.82	0.87	0.88	0.14	0.51	0.86	0.2	1.0	0.88	-0.14	0.36		0.76	0.45	0.84	1.0	0.85	0.0	0.97	0.76	-0.14	0.85	0.7	0.46	0.99	-0.5
Intangible Assets	0.8	0.77	0.85	0.39	0.11	0.79	0.04	0.72	0.61	0.41	-0.13	0.76		0.09	0.89	0.72	0.89	0.49	0.67	0.76	-0.1	0.68	0.86	0.09	0.72	-0.09
Common Stock	0.27	0.24	0.35	-0.12	0.46	0.33	0.11	0.44	0.46	-0.23	0.33	0.45	0.09		0.17	0.44	0.19	0.1	0.44	0.24	0.09	0.32	0.22	1.0	0.46	-0.34
Property Plant Equipment	0.87	0.91	0.92	0.41	0.15	0.9	0.1	0.82	0.58	0.3	-0.02	0.84	0.89	0.17		0.82	0.99	0.26	0.76	0.79	0.06	0.86	0.93	0.18	0.8	-0.25
Short Long Term Debt Total	0.8	0.85	0.84	0.1	0.52	0.85	0.19	1.0	0.86	-0.16	0.37	1.0	0.72	0.44	0.82		0.83	-0.07	0.98	0.74	-0.13	0.84	0.67	0.45	1.0	-0.49
Property Plant And Equipment Net	0.88	0.93	0.94	0.4	0.18	0.92	0.1	0.83	0.6	0.25	0.02	0.85	0.89	0.19	0.99	0.83		0.26	0.76	0.79	0.05	0.87	0.93	0.19	0.81	-0.32
Current Deferred Revenue	0.24	0.08	0.29	0.42	-0.28	0.13	-0.03	-0.07	0.01	0.54	-0.33	0.0	0.49	0.1	0.26	-0.07	0.26		-0.13	0.26	-0.13	0.06	0.4	0.1	-0.07	0.25
Net Debt	0.78	0.8	0.8	0.09	0.62	0.76	0.28	0.98	0.9	-0.22	0.45	0.97	0.67	0.44	0.76	0.98	0.76	-0.13		0.74	-0.24	0.79	0.57	0.44	0.98	-0.53
Non Current Assets Total	0.98	0.81	0.86	0.72	0.42	0.68	0.65	0.75	0.69	0.09	0.26	0.76	0.76	0.24	0.79	0.74	0.79	0.26	0.74		-0.19	0.84	0.7	0.25	0.72	-0.34
Non Currrent Assets Other	-0.1	0.02	-0.07	0.01	-0.48	0.18	-0.36	-0.14	-0.47	0.41	-0.56	-0.14	-0.1	0.09	0.06	-0.13	0.05	-0.13	-0.24	-0.19		-0.01	0.32	0.09	-0.16	0.34
Cash And Short Term Investments	0.92	0.95	0.93	0.47	0.34	0.89	0.37	0.84	0.68	-0.07	0.32	0.85	0.68	0.32	0.86	0.84	0.87	0.06	0.79	0.84	-0.01		0.76	0.32	0.82	-0.54
Net Receivables	0.79	0.83	0.86	0.45	-0.04	0.88	-0.02	0.67	0.38	0.49	-0.23	0.7	0.86	0.22	0.93	0.67	0.93	0.4	0.57	0.7	0.32	0.76		0.23	0.64	-0.07
Common Stock Total Equity	0.27	0.24	0.35	-0.12	0.46	0.34	0.11	0.44	0.46	-0.25	0.34	0.46	0.09	1.0	0.18	0.45	0.19	0.1	0.44	0.25	0.09	0.32	0.23		0.46	-0.35
Non Current Liabilities Total	0.78	0.83	0.83	0.06	0.54	0.84	0.18	1.0	0.88	-0.19	0.39	0.99	0.72	0.46	0.8	1.0	0.81	-0.07	0.98	0.72	-0.16	0.82	0.64	0.46		-0.51
Other Stockholder Equity	-0.38	-0.42	-0.46	0.04	-0.72	-0.36	-0.33	-0.5	-0.62	0.72	-0.68	-0.5	-0.09	-0.34	-0.25	-0.49	-0.32	0.25	-0.53	-0.34	0.34	-0.54	-0.07	-0.35	-0.51

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Altisource Portfolio Account Relationship Matchups

Altisource Portfolio fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	385.1M	265.7M	257.8M	195.0M	154.9M	147.1M
Other Current Liab	48.6M	41.7M	31.5M	18.1M	14.6M	13.9M
Total Current Liabilities	87.6M	71.5M	54.7M	40.1M	35.8M	34.0M
Total Stockholder Equity	(22.8M)	(83.8M)	(70.1M)	(119.6M)	(125.7M)	(119.4M)
Accounts Payable	22.4M	16.8M	16.0M	15.0M	15.3M	13.0M
Cash	82.7M	58.3M	98.1M	51.0M	32.5M	30.9M
Other Assets	21.6M	45.4M	12.5M	10.2M	11.7M	11.2M
Long Term Debt	287.9M	242.7M	243.6M	245.2M	215.6M	267.4M
Common Stock Shares Outstanding	16.0M	15.6M	16.1M	16.1M	22.4M	16.9M
Other Current Assets	15.2M	19.5M	21.9M	23.5M	11.3M	15.0M
Total Liab	406.5M	348.2M	326.7M	313.9M	279.9M	369.0M
Intangible Assets	61.0M	46.3M	36.9M	31.7M	26.5M	25.2M
Property Plant Equipment	53.6M	11.9M	6.9M	9.5M	11.0M	10.4M
Short Long Term Debt Total	299.3M	250.3M	246.5M	245.2M	219.1M	289.5M
Property Plant And Equipment Net	53.6M	30.1M	14.5M	9.5M	5.1M	4.8M
Current Deferred Revenue	5.2M	5.5M	4.3M	3.7M	3.2M	3.0M
Net Debt	205.1M	184.4M	145.5M	194.2M	186.6M	198.4M
Non Current Assets Total	200.9M	165.5M	119.8M	107.4M	99.3M	94.4M
Non Currrent Assets Other	7.0M	6.0M	2.1M	1.9M	6.7M	6.4M
Cash And Short Term Investments	125.4M	58.3M	98.1M	51.0M	32.5M	30.9M
Net Receivables	43.6M	22.4M	18.0M	13.0M	11.7M	11.1M
Liabilities And Stockholders Equity	385.1M	265.7M	257.8M	195.0M	154.9M	147.1M
Non Current Liabilities Total	318.9M	276.7M	271.9M	273.8M	244.2M	303.9M
Other Stockholder Equity	(570.9M)	(407.4M)	(282.1M)	(264.0M)	24.5M	25.8M
Property Plant And Equipment Gross	53.6M	30.1M	14.5M	9.5M	54.9M	57.3M
Total Current Assets	184.2M	100.2M	138.0M	87.6M	55.5M	52.8M
Accumulated Other Comprehensive Income	(21.4M)	(82.6M)	0.0	(118.9M)	(125.1M)	(118.8M)
Short Term Debt	11.4M	7.6M	2.9M	2.1M	1.6M	1.5M
Other Liab	20.4M	34.0M	28.3M	25.2M	29.0M	18.3M
Retained Earnings	272.0M	190.4M	186.6M	118.9M	(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 Entity	1.2M	1.5M	1.2M	1.3M	1.1M	1.2M
Retained Earnings Total Equity	590.7M	272.0M	190.4M	186.6M	214.6M	342.7M
Long Term Debt Total	331.5M	287.9M	242.7M	243.6M	280.2M	366.9M

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