Altair Engineering Inc. financial data

Symbol
ALTR on Nasdaq
Industry
Services-Prepackaged Software
Location
1820 E. Big Beaver Road, Troy, Michigan
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 211 % -7.51%
Debt-to-equity 92.5 % -13.1%
Return On Assets 0.73 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 4.1 B USD +51.9%
Weighted Average Number of Shares Outstanding, Basic 82.6 M shares +2.99%
Weighted Average Number of Shares Outstanding, Diluted 89.8 M shares +12%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 620 M USD +7.11%
Research and Development Expense 212 M USD +1.44%
Selling and Marketing Expense 177 M USD +4.45%
General and Administrative Expense 70.7 M USD -2.91%
Operating Income (Loss) 16 M USD +304%
Nonoperating Income (Expense) 18.8 M USD +9.52%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 28.7 M USD +221%
Income Tax Expense (Benefit) 19.1 M USD +6.5%
Net Income (Loss) Attributable to Parent 9.58 M USD
Earnings Per Share, Basic 0.11 USD/shares
Earnings Per Share, Diluted 0.11 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 558 M USD +47.4%
Accounts Receivable, after Allowance for Credit Loss, Current 128 M USD -2.12%
Assets, Current 730 M USD +33.1%
Deferred Income Tax Assets, Net 9.7 M USD +0.25%
Property, Plant and Equipment, Net 38.8 M USD +1.51%
Operating Lease, Right-of-Use Asset 30.2 M USD -9.38%
Intangible Assets, Net (Excluding Goodwill) 75.4 M USD -25.8%
Goodwill 455 M USD +0.84%
Other Assets, Noncurrent 40.5 M USD -7.09%
Assets 1.38 B USD +12.5%
Accounts Payable, Current 6.52 M USD +8.45%
Employee-related Liabilities, Current 35.9 M USD +18.4%
Contract with Customer, Liability, Current 121 M USD +5.36%
Liabilities, Current 297 M USD -1.21%
Contract with Customer, Liability, Noncurrent 24.4 M USD -11.4%
Deferred Income Tax Liabilities, Net 12.8 M USD -25.8%
Operating Lease, Liability, Noncurrent 22.5 M USD -6.17%
Other Liabilities, Noncurrent 47.1 M USD +11.3%
Liabilities 617 M USD -0.37%
Accumulated Other Comprehensive Income (Loss), Net of Tax -27.3 M USD -20%
Retained Earnings (Accumulated Deficit) -114 M USD +7.76%
Stockholders' Equity Attributable to Parent 763 M USD +25.7%
Liabilities and Equity 1.38 B USD +12.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 73.5 M USD +24.1%
Net Cash Provided by (Used in) Financing Activities 22 M USD +304%
Net Cash Provided by (Used in) Investing Activities -2.76 M USD +11.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 90.1 M USD +45.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 558 M USD +47.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 46 K USD +1433%
Deferred Tax Assets, Valuation Allowance 180 M USD +20.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 209 M USD +16%
Operating Lease, Liability 31.5 M USD -8.74%
Depreciation 8.6 M USD +6.17%
Payments to Acquire Property, Plant, and Equipment 2.77 M USD +60.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 5.03 M USD +118%
Lessee, Operating Lease, Liability, to be Paid 37.1 M USD -9.62%
Property, Plant and Equipment, Gross 94.6 M USD -1.36%
Operating Lease, Liability, Current 8.33 M USD -16.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.2 M USD -18.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 10.2 M USD -16.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -2.32 M USD +44.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.66 M USD -14.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.79 M USD -3.45%
Deferred Tax Assets, Operating Loss Carryforwards 60.7 M USD -5.29%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 35 K USD +52.2%
Current Income Tax Expense (Benefit) 23.9 M USD +23.1%
Preferred Stock, Shares Authorized 45 M shares 0%
Unrecognized Tax Benefits 38.2 M USD +31.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.89 M USD -17.1%
Operating Lease, Payments 11.6 M USD -10.4%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 1.12 M USD +80%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 30.5 M USD +3.58%
Depreciation, Depletion and Amortization 39 M USD +3.79%
Deferred Tax Assets, Net of Valuation Allowance 28.8 M USD -5.39%
Deferred State and Local Income Tax Expense (Benefit) 30 K USD +57.9%
Interest Expense 6.17 M USD +15.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%