Altisource Non Current Assets Total vs Long Term Debt 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 Non Current Assets Total and its Long Term Debt 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.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

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

The correlation between Altisource Portfolio's Non Current Assets Total and Long Term Debt is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt 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 Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Altisource Portfolio Solutions are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Altisource Portfolio's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Altisource Portfolio has held for over one year. Long-term debt appears on Altisource Portfolio Solutions balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Altisource Portfolio Solutions balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Altisource Stock Analysis

When running Altisource Portfolio's price analysis, check to measure Altisource Portfolio'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 Altisource Portfolio is operating at the current time. Most of Altisource Portfolio's value examination focuses on studying past and present price action to predict the probability of Altisource Portfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altisource Portfolio's price. Additionally, you may evaluate how the addition of Altisource Portfolio to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC