Altair Engineering Inc. financial data

Symbol
ALTR on Nasdaq
Industry
Services-Prepackaged Software
Location
1820 E. Big Beaver Road, Troy, MI
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 238 % +17.6%
Debt-to-equity 83.9 % -21.1%
Return On Assets 2 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 4.1B USD +51.9%
Weighted Average Number of Shares Outstanding, Basic 83.6M shares +4.53%
Weighted Average Number of Shares Outstanding, Diluted 83.6M shares +4.53%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 627M USD +6.85%
Research and Development Expense 212M USD -0.72%
Selling and Marketing Expense 179M USD +3%
General and Administrative Expense 71.4M USD -2.32%
Operating Income (Loss) 22.4M USD +39.1%
Nonoperating Income (Expense) 20.4M USD +37%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 36.5M USD +57.7%
Income Tax Expense (Benefit) 9.79M USD -56.8%
Net Income (Loss) Attributable to Parent 26.7M USD +76.9%
Earnings Per Share, Basic 0.33 USD/shares +78.6%
Earnings Per Share, Diluted 0.33 USD/shares +78.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 507M USD +21.2%
Accounts Receivable, after Allowance for Credit Loss, Current 127M USD +1.85%
Assets, Current 680M USD +15.9%
Deferred Income Tax Assets, Net 9.12M USD +11.5%
Property, Plant and Equipment, Net 38.5M USD -1.65%
Operating Lease, Right-of-Use Asset 31.8M USD +5.06%
Intangible Assets, Net (Excluding Goodwill) 77.5M USD -18.1%
Goodwill 459M USD +1.32%
Other Assets, Noncurrent 40.1M USD -8.23%
Assets 1.34B USD +6.38%
Accounts Payable, Current 4M USD -14.5%
Employee-related Liabilities, Current 39.8M USD +10.8%
Contract with Customer, Liability, Current 123M USD +1.3%
Liabilities, Current 217M USD -32.1%
Contract with Customer, Liability, Noncurrent 28.7M USD +7.68%
Deferred Income Tax Liabilities, Net 12.3M USD -31.9%
Operating Lease, Liability, Noncurrent 24.6M USD +15.1%
Other Liabilities, Noncurrent 48M USD +11.6%
Liabilities 545M USD -14.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -29.3M USD -21.2%
Retained Earnings (Accumulated Deficit) -119M USD +18.3%
Stockholders' Equity Attributable to Parent 791M USD +27.6%
Liabilities and Equity 1.34B USD +6.38%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 73.5M USD +24.1%
Net Cash Provided by (Used in) Financing Activities 22M USD +304%
Net Cash Provided by (Used in) Investing Activities -2.76M USD +11.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 90.1M USD +45.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 507M USD +21.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 46K USD +1433%
Deferred Tax Assets, Valuation Allowance 180M USD +20.3%
Deferred Tax Assets, Gross 209M USD +16%
Operating Lease, Liability 31.5M USD -8.74%
Depreciation 8.8M USD +6.02%
Payments to Acquire Property, Plant, and Equipment 2.77M USD +60.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 21.6M USD +69.9%
Lessee, Operating Lease, Liability, to be Paid 37.1M USD -9.62%
Property, Plant and Equipment, Gross 96.1M USD +1.6%
Operating Lease, Liability, Current 8.06M USD -15.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.2M USD -18.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 10.2M USD -16.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.66M USD -14.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.79M USD -3.45%
Deferred Tax Assets, Operating Loss Carryforwards 60.7M USD -5.29%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 45M shares 0%
Unrecognized Tax Benefits 38.2M USD +31.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.89M USD -17.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 30.5M USD -1.16%
Depreciation, Depletion and Amortization 39.2M USD +0.05%
Deferred Tax Assets, Net of Valuation Allowance 28.8M USD -5.39%
Interest Expense 6.24M USD +1.56%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%