Altair Engineering Inc. financial data

Symbol
ALTR on Nasdaq
Industry
Services-Prepackaged Software
Location
1820 E. Big Beaver Road, Troy, MI
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 267 % +36.1%
Debt-to-equity 75.9 % -26.4%
Return On Assets 2.41 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 4.1B USD +51.9%
Weighted Average Number of Shares Outstanding, Basic 84.8M shares +5.48%
Weighted Average Number of Shares Outstanding, Diluted 88.4M shares +9.94%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 645M USD +7.15%
Research and Development Expense 217M USD +2.11%
Selling and Marketing Expense 180M USD +2.26%
General and Administrative Expense 71.7M USD -0.52%
Operating Income (Loss) 29.3M USD +61.7%
Nonoperating Income (Expense) 29.3M USD +55%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 52.5M USD
Income Tax Expense (Benefit) 19.7M USD +70%
Net Income (Loss) Attributable to Parent 32.9M USD
Earnings Per Share, Basic 0.4 USD/shares
Earnings Per Share, Diluted 0.4 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 513M USD +19.1%
Accounts Receivable, after Allowance for Credit Loss, Current 121M USD -0.42%
Assets, Current 687M USD +16%
Deferred Income Tax Assets, Net 9.66M USD +20.1%
Property, Plant and Equipment, Net 40.9M USD +7.18%
Operating Lease, Right-of-Use Asset 31.9M USD -0.86%
Intangible Assets, Net (Excluding Goodwill) 84.9M USD -1.84%
Goodwill 476M USD +5.17%
Other Assets, Noncurrent 47.3M USD +11.8%
Assets 1.38B USD +10.1%
Accounts Payable, Current 3.61M USD -30.1%
Employee-related Liabilities, Current 43.5M USD +10.2%
Contract with Customer, Liability, Current 115M USD +3.32%
Liabilities, Current 210M USD -29.2%
Contract with Customer, Liability, Noncurrent 26.3M USD -6.34%
Deferred Income Tax Liabilities, Net 14.2M USD -20%
Operating Lease, Liability, Noncurrent 24.5M USD +4.75%
Other Liabilities, Noncurrent 53.3M USD +21.4%
Liabilities 541M USD -12.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -17.6M USD +45.4%
Retained Earnings (Accumulated Deficit) -117M USD +21.9%
Stockholders' Equity Attributable to Parent 837M USD +32%
Liabilities and Equity 1.38B USD +10.1%

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 513M USD +19%
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 9M USD +3.45%
Payments to Acquire Property, Plant, and Equipment 2.77M USD +60.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 47.5M USD
Lessee, Operating Lease, Liability, to be Paid 37.1M USD -9.62%
Property, Plant and Equipment, Gross 101M USD +10.5%
Operating Lease, Liability, Current 8.21M USD -10.8%
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 32M USD +0.16%
Depreciation, Depletion and Amortization 41M USD +0.71%
Deferred Tax Assets, Net of Valuation Allowance 28.8M USD -5.39%
Interest Expense 6.03M USD -1.29%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%