Altice Financial Statements From 2010 to 2024

ATUS Stock  USD 1.98  0.03  1.54%   
Altice USA financial statements provide useful quarterly and yearly information to potential Altice USA investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Altice USA financial statements helps investors assess Altice USA's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Altice USA's valuation are summarized below:
Gross Profit
6.4 B
Profit Margin
0.0058
Market Capitalization
922.2 M
Enterprise Value Revenue
2.8182
Revenue
9.2 B
There are over one hundred nineteen available fundamental signals for Altice USA, which can be analyzed over time and compared to other ratios. All traders should validate Altice USA's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Enterprise Value is likely to gain to about 45 B in 2024, whereas Market Cap is likely to drop slightly above 1.8 B in 2024.

Altice USA Total Revenue

7.66 Billion

Check Altice USA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altice main balance sheet or income statement drivers, such as Interest Expense of 1.7 B, Selling General Administrative of 1.8 B or Total Revenue of 7.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.0195 or Days Sales Outstanding of 17.91. Altice financial statements analysis is a perfect complement when working with Altice USA Valuation or Volatility modules.
  
This module can also supplement Altice USA's financial leverage analysis and stock options assessment as well as various Altice USA Technical models . Check out the analysis of Altice USA Correlation against competitors.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.

Altice USA Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets19 B32.7 B22.2 B
Slightly volatile
Other Current Liabilities806.7 M878.8 M900.7 M
Slightly volatile
Other Liabilities6.5 B6.2 B3.7 B
Slightly volatile
Accounts Payable654 M937 M726.2 M
Slightly volatile
Cash451.3 M302.3 M432.8 M
Pretty Stable
Other Assets80.9 M85.2 MB
Pretty Stable
Long Term Debt15.9 B24.6 B17.4 B
Slightly volatile
Total Liabilities21.3 B33.2 B23.7 B
Slightly volatile
Intangible Assets7.5 B14.5 B9.7 B
Slightly volatile
Common Stock4.2 M4.6 M4.5 M
Slightly volatile
Property Plant Equipment4.9 B8.6 B5.1 B
Slightly volatile
Total Current Liabilities2.6 B2.3 B2.5 B
Slightly volatile
Other Current Assets165.7 M174.5 M441.1 M
Very volatile
Good Will8.4 BB5.1 B
Slightly volatile
Property Plant And Equipment Net6.1 B8.4 B5.3 B
Slightly volatile
Non Current Assets Total25.6 B31.9 B20.8 B
Slightly volatile
Cash And Short Term Investments359.4 M302.3 M427.7 M
Slightly volatile
Net Receivables396.7 M358 M357.7 M
Slightly volatile
Common Stock Shares Outstanding537.2 M455 M462.1 M
Slightly volatile
Non Current Liabilities Total25.6 B30.8 B21.6 B
Slightly volatile
Total Current Assets1.2 B834.8 M1.5 B
Very volatile
Short and Long Term Debt Total23.1 B25.4 B18.9 B
Slightly volatile
Liabilities And Stockholders Equity29.2 B32.7 B22.7 B
Slightly volatile
Short Term Debt387 M407.4 M820.4 M
Slightly volatile
Deferred Long Term LiabilitiesB5.8 B2.8 B
Slightly volatile
Short and Long Term Debt224 M235.8 M704.5 M
Very volatile
Current Deferred Revenue79.7 M85 M96.4 M
Pretty Stable
Long Term Debt Total25.6 B29.3 B23.8 B
Slightly volatile
Capital Surpluse156.2 M164.4 M2.1 B
Slightly volatile
Capital Lease Obligations294.4 M493 M173.6 M
Slightly volatile
Long Term Investments4.1 M4.3 M691.2 M
Slightly volatile
Property Plant And Equipment Gross10.5 B16.5 B8.4 B
Slightly volatile
Non Current Liabilities Other173.7 M221.2 M141.2 M
Slightly volatile
Total Permanent Equity4.4 B4.9 B5.4 B
Slightly volatile
Warrants22 M23.2 M147.4 M
Slightly volatile
Common Stock Total Equity4.6 M4.1 M6.3 M
Slightly volatile
Additional Paid In Capital660.8 M743.4 M809.4 M
Slightly volatile
Net Invested Capital20.8 B24.4 B26.3 B
Slightly volatile
Capital Stock4.3 M4.6 M6.2 M
Slightly volatile
Accumulated Depreciation5.7 B6.4 BB
Slightly volatile

Altice USA Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative1.8 B2.4 B1.8 B
Slightly volatile
Total Revenue7.7 B9.2 B7.8 B
Slightly volatile
Gross Profit4.5 B4.6 B4.7 B
Slightly volatile
Operating Income1.2 B1.9 B1.3 B
Slightly volatile
Cost Of Revenue3.2 B4.7 B3.1 B
Slightly volatile
Depreciation And Amortization1.8 B1.7 B1.6 B
Slightly volatile
Selling And Marketing Expenses228.3 M253.8 M202.3 M
Slightly volatile
Other Operating Expenses7.5 B7.3 B6.6 B
Slightly volatile
EBIT1.6 B1.9 B1.4 B
Slightly volatile
EBITDA3.4 B3.6 B2.9 B
Slightly volatile
Total Operating Expenses3.9 B2.6 B3.5 B
Slightly volatile
Interest Income136.8 K144 K7.9 M
Slightly volatile
Reconciled Depreciation1.7 B1.6 B2.5 B
Slightly volatile
Extraordinary Items1.9 B2.1 B2.3 B
Slightly volatile

Altice USA Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures1.2 B1.7 B1.2 B
Slightly volatile
Total Cash From Operating Activities1.6 B1.8 B1.8 B
Slightly volatile
End Period Cash Flow369.1 M302.3 M463.8 M
Slightly volatile
Stock Based Compensation81.1 M47.9 M72.5 M
Slightly volatile
Free Cash Flow115.5 M121.6 M698.9 M
Very volatile
Begin Period Cash Flow290.5 M305.8 MB
Pretty Stable
Depreciation1.8 B1.7 B1.5 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.150.161.3933
Slightly volatile
Dividend Yield0.01950.01360.0253
Slightly volatile
Days Sales Outstanding17.9114.146416.2578
Pretty Stable
Free Cash Flow Yield0.06380.08230.0776
Slightly volatile
Operating Cash Flow Per Share4.794.01654.184
Pretty Stable
Stock Based Compensation To Revenue0.00710.00520.0085
Slightly volatile
EV To Sales2.922.87573.6359
Very volatile
Free Cash Flow Per Share0.250.26741.4809
Slightly volatile
Payables Turnover5.144.98874.5892
Slightly volatile
Sales General And Administrative To Revenue0.180.2590.2229
Very volatile
Average Inventory834.6 M794.8 M537.7 M
Slightly volatile
Cash Per Share0.630.66491.6111
Very volatile
POCF Ratio0.770.80926.1532
Slightly volatile
Interest Coverage0.941.16340.896
Slightly volatile
PFCF Ratio18.2612.154716.3497
Pretty Stable
Days Payables Outstanding72.2673.165789.823
Slightly volatile
EV To Operating Cash Flow12.714.54415.9532
Very volatile
EV To Free Cash Flow22921865.9241
Slightly volatile
Intangibles To Total Assets0.420.68820.5518
Slightly volatile
Current Ratio0.680.36170.5912
Pretty Stable
Receivables Turnover18.2925.801622.6846
Pretty Stable
Graham Number1.491.563310.3377
Slightly volatile
Average Receivables237.1 M287.5 M293.3 M
Pretty Stable
Revenue Per Share20.520.313618.0607
Pretty Stable
Interest Debt Per Share34.5758.641741.3828
Slightly volatile
Debt To Assets1.060.76450.9259
Pretty Stable
Enterprise Value Over EBITDA10.97.36429.8968
Very volatile
Short Term Coverage Ratios4.024.48343.6285
Very volatile
Operating Cycle13.4414.146440.715
Pretty Stable
Days Of Payables Outstanding72.2673.165789.823
Slightly volatile
Price To Operating Cash Flows Ratio0.770.80926.1532
Slightly volatile
Price To Free Cash Flows Ratio18.2612.154716.3497
Pretty Stable
Operating Profit Margin0.130.20750.1493
Slightly volatile
Effective Tax Rate0.530.33340.8405
Slightly volatile
Long Term Debt To Capitalization1.561.01751.3424
Slightly volatile
Total Debt To Capitalization1.511.01721.3054
Slightly volatile
Return On Capital Employed0.10.0630.0839
Pretty Stable
Ebit Per Revenue0.130.20750.1493
Slightly volatile
Quick Ratio0.470.28610.4169
Very volatile
Cash Ratio0.230.1310.1982
Slightly volatile
Operating Cash Flow Sales Ratio0.180.19770.2287
Pretty Stable
Days Of Sales Outstanding17.9114.146416.2578
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.06320.06660.3771
Slightly volatile
Cash Flow Coverage Ratios0.120.0730.1061
Slightly volatile
Fixed Asset Turnover1.771.10321.6135
Slightly volatile
Price Cash Flow Ratio0.770.80926.1532
Slightly volatile
Enterprise Value Multiple10.97.36429.8968
Very volatile
Debt Ratio1.060.76450.9259
Pretty Stable
Cash Flow To Debt Ratio0.120.0730.1061
Slightly volatile
Price Sales Ratio0.150.161.3933
Slightly volatile
Asset Turnover0.540.28230.4628
Slightly volatile
Gross Profit Margin0.480.4940.6039
Very volatile

Altice USA Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.8 B1.9 B7.9 B
Slightly volatile
Enterprise Value45 B42.9 B33.3 B
Slightly volatile

Altice Fundamental Market Drivers

Forward Price Earnings6.5445
Cash And Short Term Investments302.3 M

Altice Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Altice USA Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Altice USA income statement, its balance sheet, and the statement of cash flows. Altice USA investors use historical funamental indicators, such as Altice USA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Altice USA investors may use each financial statement separately, they are all related. The changes in Altice USA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Altice USA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Altice USA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Altice USA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue85 M79.7 M
Total Revenue9.2 B7.7 B
Cost Of Revenue4.7 B3.2 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.26  0.18 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.18)(0.19)
Revenue Per Share 20.31  20.50 
Ebit Per Revenue 0.21  0.13 

Pair Trading with Altice USA

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 Altice USA 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 Altice USA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altice Stock

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Moving against Altice Stock

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The ability to find closely correlated positions to Altice USA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altice USA 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 Altice USA - 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 Altice USA to buy it.
The correlation of Altice USA 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 Altice USA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altice USA 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 Altice USA 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 CorrelationCorrelation Matching
When determining whether Altice USA is a strong investment it is important to analyze Altice USA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Altice USA's future performance. For an informed investment choice regarding Altice Stock, refer to the following important reports:
Check out the analysis of Altice USA Correlation against competitors.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Altice USA's price analysis, check to measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.
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Is Altice USA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altice USA. If investors know Altice will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altice USA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
0.12
Revenue Per Share
20.314
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0365
The market value of Altice USA is measured differently than its book value, which is the value of Altice that is recorded on the company's balance sheet. Investors also form their own opinion of Altice USA's value that differs from its market value or its book value, called intrinsic value, which is Altice USA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altice USA's market value can be influenced by many factors that don't directly affect Altice USA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altice USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altice USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altice USA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.