Altair Historical Balance Sheet

ALTR Stock

USD 105.20 0.85 0.81%

Trend analysis of Altair Engineering balance sheet accounts such as Short Long Term Debt Total of 191.9 M, Other Current Liabilities of 97.2 M or Total Current Liabilities of 246.7 M provides information on Altair Engineering's total assets, liabilities, and equity, which is the actual value of Altair Engineering to its prevalent stockholders. By breaking down trends over time using Altair Engineering balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Altair Engineering latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Altair Engineering is a good buy for the upcoming year.

Altair Engineering Inventory

(18.6 Million)

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.

About Altair Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Altair Engineering at a specified time, usually calculated after every quarter, six months, or one year. Altair Engineering Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Altair Engineering and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Altair currently owns. An asset can also be divided into two categories, current and non-current.

Altair Engineering Balance Sheet Chart

At this time, Altair Engineering's Short and Long Term Debt is relatively stable compared to the past year. As of 11/25/2024, Property Plant Equipment is likely to grow to about 44.5 M, while Short and Long Term Debt Total is likely to drop slightly above 191.9 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of Altair Engineering 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 Altair Engineering 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.

Total Current Liabilities

Total Current Liabilities is an item on Altair Engineering balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Altair Engineering are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Altair Engineering's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Altair Engineering current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Altair Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.At this time, Altair Engineering's Short and Long Term Debt is relatively stable compared to the past year. As of 11/25/2024, Property Plant Equipment is likely to grow to about 44.5 M, while Short and Long Term Debt Total is likely to drop slightly above 191.9 M.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	229.2M	340.1M	338.8M	191.9M
Total Assets	1.2B	1.2B	1.4B	800.3M

Short Long Term Debt Total Total Assets

Altair Engineering balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		0.92	0.7	0.76	0.94	0.71	0.81	0.95	0.29	-0.76	-0.49	0.77	0.92	0.99	0.81	-0.38	0.91	0.92	0.97	0.99	-0.04	0.92	0.9	0.72	0.98	-0.87
Short Long Term Debt Total	0.92		0.54	0.6	0.8	0.76	0.61	0.92	0.3	-0.51	-0.3	0.8	0.84	0.91	0.68	-0.06	0.93	0.84	0.89	0.89	-0.26	0.79	0.89	0.89	0.84	-0.78
Other Current Liab	0.7	0.54		0.81	0.65	0.47	0.74	0.63	0.14	-0.65	-0.38	0.37	0.64	0.71	0.51	-0.37	0.78	0.64	0.61	0.69	-0.12	0.61	0.64	0.26	0.7	-0.81
Total Current Liabilities	0.76	0.6	0.81		0.71	0.56	0.75	0.68	0.37	-0.86	-0.45	0.23	0.77	0.7	0.57	-0.28	0.75	0.77	0.67	0.7	-0.24	0.59	0.73	0.2	0.74	-0.83
Total Stockholder Equity	0.94	0.8	0.65	0.71		0.57	0.82	0.9	0.24	-0.85	-0.57	0.76	0.97	0.94	0.91	-0.52	0.79	0.97	0.92	0.94	0.04	0.95	0.92	0.61	0.93	-0.87
Other Liab	0.71	0.76	0.47	0.56	0.57		0.23	0.54	0.56	-0.39	-0.25	0.48	0.63	0.68	0.62	0.11	0.69	0.63	0.75	0.68	-0.55	0.49	0.73	0.7	0.61	-0.79
Net Tangible Assets	0.81	0.61	0.74	0.75	0.82	0.23		0.84	-0.08	-0.82	-0.39	0.55	0.76	0.81	0.55	-0.62	0.74	0.76	0.7	0.81	0.31	0.85	0.66	0.29	0.86	-0.63
Property Plant And Equipment Net	0.95	0.92	0.63	0.68	0.9	0.54	0.84		0.21	-0.7	-0.45	0.76	0.89	0.94	0.71	-0.34	0.9	0.89	0.9	0.93	0.05	0.89	0.87	0.73	0.92	-0.75
Current Deferred Revenue	0.29	0.3	0.14	0.37	0.24	0.56	-0.08	0.21		-0.31	-0.71	-0.05	0.35	0.23	0.5	0.04	0.18	0.35	0.42	0.23	-0.3	0.02	0.35	0.31	0.25	-0.46
Net Debt	-0.76	-0.51	-0.65	-0.86	-0.85	-0.39	-0.82	-0.7	-0.31		0.64	-0.34	-0.85	-0.72	-0.75	0.64	-0.58	-0.85	-0.72	-0.73	-0.12	-0.73	-0.74	-0.17	-0.79	0.76
Retained Earnings	-0.49	-0.3	-0.38	-0.45	-0.57	-0.25	-0.39	-0.45	-0.71	0.64		-0.24	-0.56	-0.46	-0.75	0.56	-0.24	-0.56	-0.59	-0.49	-0.24	-0.43	-0.44	-0.24	-0.55	0.55
Accounts Payable	0.77	0.8	0.37	0.23	0.76	0.48	0.55	0.76	-0.05	-0.34	-0.24		0.67	0.83	0.67	-0.31	0.68	0.67	0.79	0.83	0.1	0.86	0.69	0.84	0.76	-0.57
Cash	0.92	0.84	0.64	0.77	0.97	0.63	0.76	0.89	0.35	-0.85	-0.56	0.67		0.89	0.88	-0.39	0.82	1.0	0.89	0.88	-0.13	0.85	0.97	0.62	0.88	-0.89
Non Current Assets Total	0.99	0.91	0.71	0.7	0.94	0.68	0.81	0.94	0.23	-0.72	-0.46	0.83	0.89		0.81	-0.4	0.9	0.89	0.97	1.0	0.0	0.95	0.88	0.74	0.98	-0.85
Non Currrent Assets Other	0.81	0.68	0.51	0.57	0.91	0.62	0.55	0.71	0.5	-0.75	-0.75	0.67	0.88	0.81		-0.48	0.58	0.88	0.88	0.82	-0.02	0.8	0.83	0.6	0.81	-0.85
Other Assets	-0.38	-0.06	-0.37	-0.28	-0.52	0.11	-0.62	-0.34	0.04	0.64	0.56	-0.31	-0.39	-0.4	-0.48		-0.12	-0.39	-0.38	-0.43	-0.74	-0.55	-0.22	0.05	-0.51	0.27
Long Term Debt	0.91	0.93	0.78	0.75	0.79	0.69	0.74	0.9	0.18	-0.58	-0.24	0.68	0.82	0.9	0.58	-0.12		0.82	0.82	0.87	-0.26	0.77	0.87	0.71	0.84	-0.83
Cash And Short Term Investments	0.92	0.84	0.64	0.77	0.97	0.63	0.76	0.89	0.35	-0.85	-0.56	0.67	1.0	0.89	0.88	-0.39	0.82		0.89	0.88	-0.13	0.85	0.97	0.62	0.88	-0.89
Net Receivables	0.97	0.89	0.61	0.67	0.92	0.75	0.7	0.9	0.42	-0.72	-0.59	0.79	0.89	0.97	0.88	-0.38	0.82	0.89		0.97	-0.02	0.9	0.87	0.77	0.96	-0.86
Good Will	0.99	0.89	0.69	0.7	0.94	0.68	0.81	0.93	0.23	-0.73	-0.49	0.83	0.88	1.0	0.82	-0.43	0.87	0.88	0.97		0.04	0.96	0.86	0.72	0.99	-0.85
Common Stock Total Equity	-0.04	-0.26	-0.12	-0.24	0.04	-0.55	0.31	0.05	-0.3	-0.12	-0.24	0.1	-0.13	0.0	-0.02	-0.74	-0.26	-0.13	-0.02	0.04		0.21	-0.3	-0.2	0.13	0.34
Common Stock Shares Outstanding	0.92	0.79	0.61	0.59	0.95	0.49	0.85	0.89	0.02	-0.73	-0.43	0.86	0.85	0.95	0.8	-0.55	0.77	0.85	0.9	0.96	0.21		0.8	0.63	0.95	-0.74
Long Term Debt Total	0.9	0.89	0.64	0.73	0.92	0.73	0.66	0.87	0.35	-0.74	-0.44	0.69	0.97	0.88	0.83	-0.22	0.87	0.97	0.87	0.86	-0.3	0.8		0.71	0.82	-0.92
Non Current Liabilities Total	0.72	0.89	0.26	0.2	0.61	0.7	0.29	0.73	0.31	-0.17	-0.24	0.84	0.62	0.74	0.6	0.05	0.71	0.62	0.77	0.72	-0.2	0.63	0.71		0.64	-0.57
Capital Surpluse	0.98	0.84	0.7	0.74	0.93	0.61	0.86	0.92	0.25	-0.79	-0.55	0.76	0.88	0.98	0.81	-0.51	0.84	0.88	0.96	0.99	0.13	0.95	0.82	0.64		-0.82
Inventory	-0.87	-0.78	-0.81	-0.83	-0.87	-0.79	-0.63	-0.75	-0.46	0.76	0.55	-0.57	-0.89	-0.85	-0.85	0.27	-0.83	-0.89	-0.86	-0.85	0.34	-0.74	-0.92	-0.57	-0.82

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Altair Engineering Account Relationship Matchups

Altair Engineering balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	743.1M	829.9M	1.2B	1.2B	1.4B	800.3M
Short Long Term Debt Total	208.0M	253.7M	229.2M	340.1M	338.8M	191.9M
Other Current Liab	59.3M	39.1M	244.1M	189.5M	65.0M	97.2M
Total Current Liabilities	152.9M	200.8M	474.0M	232.7M	324.1M	246.7M
Total Stockholder Equity	357.1M	379.4M	614.0M	569.7M	711.3M	746.9M
Other Liab	37.2M	37.6M	56.6M	72.6M	83.5M	50.1M
Net Tangible Assets	53.9M	38.8M	144.0M	13.1M	15.0M	10.1M
Property Plant And Equipment Net	64.4M	69.9M	69.0M	71.1M	70.6M	56.4M
Current Deferred Revenue	75.4M	86.8M	93.2M	113.1M	136.4M	108.9M
Net Debt	(15.1M)	12.5M	(184.6M)	23.9M	(128.6M)	(122.2M)
Retained Earnings	(82.4M)	(93.3M)	(102.1M)	(121.6M)	(130.5M)	(137.0M)
Accounts Payable	8.6M	8.6M	6.6M	10.4M	9.0M	8.3M
Cash	223.1M	241.2M	413.7M	316.1M	467.5M	490.8M
Non Current Assets Total	390.7M	443.0M	575.1M	677.9M	662.9M	427.1M
Non Currrent Assets Other	9.7M	15.1M	19.6M	32.7M	40.7M	42.7M
Other Assets	25.5M	66.0M	36.8M	50.1M	45.1M	35.7M
Long Term Debt	31.4M	178.2M	188.7M	305.6M	225.9M	147.7M
Cash And Short Term Investments	223.1M	241.2M	413.7M	316.1M	467.5M	490.8M
Net Receivables	112.2M	124.6M	137.6M	172.6M	193.2M	132.8M
Good Will	233.7M	264.5M	370.2M	449.0M	458.1M	258.5M
Common Stock Shares Outstanding	71.5M	73.2M	76.2M	79.5M	80.6M	74.4M
Long Term Debt Total	31.4M	178.2M	188.7M	305.6M	351.4M	369.0M
Liabilities And Stockholders Equity	743.1M	829.9M	1.2B	1.2B	1.4B	800.3M
Non Current Liabilities Total	233.2M	249.8M	75.3M	402.3M	328.1M	198.3M
Capital Surpluse	446.6M	474.7M	724.2M	721.3M	829.5M	420.8M
Inventory	2.0M	2.4M	1.0	(21.8M)	(19.6M)	(18.6M)
Other Current Assets	17.1M	16M	20.7M	60.6M	61.8M	64.8M
Other Stockholder Equity	444.3M	475.5M	725.0M	721.3M	864.1M	479.6M
Total Liab	386.1M	450.5M	549.3M	635.0M	652.2M	445.1M
Property Plant And Equipment Gross	64.4M	69.9M	69.0M	71.1M	125.1M	63.1M
Short Long Term Debt	430K	30.4M	199.7M	81.5M	93.7M	98.4M
Total Current Assets	352.5M	386.9M	588.2M	526.8M	700.6M	373.3M
Accumulated Other Comprehensive Income	(9.5M)	(2.8M)	(9.0M)	(30.0M)	(22.3M)	(21.2M)
Short Term Debt	9.6M	51.0M	209.6M	10.4M	90.3M	48.4M
Intangible Assets	67.1M	76.1M	99.1M	107.6M	83.6M	67.0M
Property Plant Equipment	64.4M	36.3M	69.0M	37.5M	43.1M	44.5M
Non Current Liabilities Other	10.0M	61.1M	42.9M	41.2M	2.2M	2.1M
Retained Earnings Total Equity	(82.4M)	(93.3M)	(102.1M)	(121.6M)	(109.4M)	(114.9M)

Pair Trading with Altair Engineering

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 Altair Engineering 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 Altair Engineering will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altair Stock

0.83

SentinelOne

Pair Corr

Moving against Altair Stock

0.73	VRAR	Glimpse Group	Pair Corr
0.7	VHAI	VHAI	Pair Corr
0.65	VRNT	Verint Systems	Pair Corr
0.45	FAAS	DigiAsia Corp Symbol Change	Pair Corr
0.34	MQ	Marqeta	Pair Corr

The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering 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 Altair Engineering - 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 Altair Engineering to buy it.

The correlation of Altair Engineering 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 Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering 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 Altair Engineering 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 Correlation Correlation Matching

Additional Tools for Altair Stock Analysis

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

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Altair Historical Balance Sheet

Altair Engineering Inventory

(18.6 Million)

About Altair Balance Sheet Analysis

Altair Engineering Balance Sheet Chart

Total Assets

Total Current Liabilities

Altair Engineering balance sheet Correlations

Altair Engineering Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altair Engineering balance sheet Accounts

Pair Trading with Altair Engineering

Moving together with Altair Stock

Moving against Altair Stock

Additional Tools for Altair Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets
Capital Surpluse	+ 0.99	Good Will
Capital Surpluse	+ 0.98	Total Assets

Inventory	- 0.92	Long Term Debt Total
Inventory	- 0.89	Cash And Short Term Investments
Inventory	- 0.89	Cash
Inventory	- 0.87	Total Stockholder Equity
Inventory	- 0.87	Total Assets
Inventory	- 0.86	Net Receivables