Altice Short Term Debt vs Accounts Payable Analysis

ATUS Stock  USD 2.59  0.17  7.02%   
Altice USA financial indicator trend analysis is way more than just evaluating Altice USA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altice USA is a good investment. Please check the relationship between Altice USA Short Term Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altice USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.

Short Term Debt vs Accounts Payable

Short Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altice USA Short Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Altice USA's Short Term Debt and Accounts Payable is 0.56. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Altice USA, assuming nothing else is changed. The correlation between historical values of Altice USA's Short Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Altice USA are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Debt i.e., Altice USA's Short Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Accounts Payable

An accounting item on the balance sheet that represents Altice USA obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Altice USA are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Altice USA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altice USA 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 Altice USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.At this time, Altice USA's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 10.85 in 2024, despite the fact that Discontinued Operations is likely to grow to (10.7 M).
 2020 2021 2023 2024 (projected)
Gross Profit6.7B6.4B4.6B4.5B
Total Revenue10.1B9.6B9.2B7.7B

Altice USA fundamental ratios Correlations

-0.020.920.87-0.540.260.970.980.990.770.920.76-0.280.950.510.20.870.920.920.930.990.44-0.580.820.880.97
-0.020.0-0.29-0.450.04-0.17-0.110.040.05-0.08-0.18-0.31-0.06-0.17-0.390.02-0.19-0.28-0.15-0.06-0.26-0.240.020.14-0.1
0.920.00.74-0.410.160.880.910.910.740.870.76-0.350.960.470.40.840.910.910.920.960.47-0.480.750.870.95
0.87-0.290.74-0.530.110.890.880.820.480.90.790.090.840.660.440.670.920.840.810.840.21-0.570.660.580.86
-0.54-0.45-0.41-0.53-0.3-0.5-0.49-0.53-0.14-0.51-0.270.21-0.56-0.660.04-0.38-0.49-0.33-0.42-0.50.210.9-0.66-0.41-0.52
0.260.040.160.11-0.30.320.290.240.040.090.09-0.180.230.24-0.350.10.160.270.180.250.31-0.30.420.220.28
0.97-0.170.880.89-0.50.320.990.940.680.920.77-0.230.930.570.270.780.940.930.90.960.42-0.610.820.790.97
0.98-0.110.910.88-0.490.290.990.960.70.920.81-0.230.930.530.270.790.940.940.90.970.45-0.570.80.820.98
0.990.040.910.82-0.530.240.940.960.820.880.72-0.330.930.450.120.90.870.890.930.980.45-0.570.820.920.95
0.770.050.740.48-0.140.040.680.70.820.60.47-0.370.68-0.03-0.050.920.560.660.790.770.52-0.240.590.890.68
0.92-0.080.870.9-0.510.090.920.920.880.60.71-0.140.890.560.460.730.970.860.850.90.31-0.570.640.680.92
0.76-0.180.760.79-0.270.090.770.810.720.470.710.070.740.380.470.540.790.780.670.750.2-0.310.50.550.78
-0.28-0.31-0.350.090.21-0.18-0.23-0.23-0.33-0.37-0.140.07-0.32-0.10.19-0.38-0.17-0.18-0.31-0.32-0.140.29-0.45-0.48-0.28
0.95-0.060.960.84-0.560.230.930.930.930.680.890.74-0.320.640.340.850.940.930.960.980.43-0.620.860.860.98
0.51-0.170.470.66-0.660.240.570.530.45-0.030.560.38-0.10.640.330.270.630.560.50.540.09-0.630.680.320.61
0.2-0.390.40.440.04-0.350.270.270.12-0.050.460.470.190.340.330.090.550.360.280.26-0.11-0.04-0.02-0.050.32
0.870.020.840.67-0.380.10.780.790.90.920.730.54-0.380.850.270.090.740.780.940.890.48-0.430.740.920.82
0.92-0.190.910.92-0.490.160.940.940.870.560.970.79-0.170.940.630.550.740.920.890.930.33-0.550.70.690.95
0.92-0.280.910.84-0.330.270.930.940.890.660.860.78-0.180.930.560.360.780.920.930.950.63-0.380.750.790.96
0.93-0.150.920.81-0.420.180.90.90.930.790.850.67-0.310.960.50.280.940.890.930.970.53-0.490.810.890.94
0.99-0.060.960.84-0.50.250.960.970.980.770.90.75-0.320.980.540.260.890.930.950.970.5-0.570.840.90.99
0.44-0.260.470.210.210.310.420.450.450.520.310.2-0.140.430.09-0.110.480.330.630.530.50.210.370.580.48
-0.58-0.24-0.48-0.570.9-0.3-0.61-0.57-0.57-0.24-0.57-0.310.29-0.62-0.63-0.04-0.43-0.55-0.38-0.49-0.570.21-0.74-0.47-0.59
0.820.020.750.66-0.660.420.820.80.820.590.640.5-0.450.860.68-0.020.740.70.750.810.840.37-0.740.850.84
0.880.140.870.58-0.410.220.790.820.920.890.680.55-0.480.860.32-0.050.920.690.790.890.90.58-0.470.850.85
0.97-0.10.950.86-0.520.280.970.980.950.680.920.78-0.280.980.610.320.820.950.960.940.990.48-0.590.840.85
Click cells to compare fundamentals

Altice USA Account Relationship Matchups

Altice USA fundamental ratios 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
Property Plant Equipment6.0B5.8B6.3B7.5B8.6B4.9B
Total Current Liabilities2.0B3.1B2.7B4.0B2.3B2.6B
Other Current Assets200.3M246.2M184.0M1.6B174.5M165.7M
Good Will8.0B8.2B8.2B8.2B8.0B8.4B
Short Term Investments0.02.0M5.1M1.5B1.7B1.8B
Total Stockholder Equity3.7B(1.1B)(819.8M)(475.2M)(422.2M)(443.3M)
Property Plant And Equipment Net5.8B6.0B6.6B7.8B8.4B6.1B
Net Debt22.5B26.7B26.6B26.5B25.1B20.7B
Retained Earnings251.8M(985.6M)(848.8M)(654.3M)(601.1M)(631.1M)
Non Current Assets Total32.7B32.4B32.4B31.1B31.9B25.6B
Non Currrent Assets Other2.3B2.2B(2.7B)(800.2M)81.9M77.8M
Cash And Short Term Investments298.8M278.4M195.7M305.5M302.3M359.4M
Common Stock Shares Outstanding662.5M583.7M462.3M453.3M455.0M537.2M
Non Current Liabilities Total27.9B31.5B31.4B30.1B30.8B25.6B
Other Stockholder Equity(272.4M)(163.9M)18.0M182.7M187.2M177.8M
Total Current Assets903.3M976.6M789.6M2.6B834.8M1.2B
Short Long Term Debt Total22.8B27.0B26.8B26.8B25.4B23.1B
Liabilities And Stockholders Equity33.6B33.4B33.2B33.7B32.7B29.2B
Inventory2.2M51.0M264K(3.0M)1.8B0.95
Accumulated Other Comprehensive Income(11.8M)3.6M6.5M(8.2M)(12.9M)(13.5M)
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
Current Deferred Revenue140.1M109.8M94.9M80.6M85.0M79.7M
Long Term Debt Total21.3B22.7B24.2B25.5B29.3B25.6B
Capital Surpluse3.4B2.0B18.0M182.7M164.4M156.2M
Capital Lease Obligations291.1M320.9M456.0M504.8M493.0M294.4M

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