Altaba Inc Financials

Based on the key measurements obtained from Altaba's financial statements, Altaba Inc is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze Altaba financials for your investing period. You should be able to track the changes in Altaba individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Altaba Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altaba's financial statements are interrelated, with each one affecting the others. For example, an increase in Altaba's assets may result in an increase in income on the income statement.
Evaluating Altaba's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Altaba's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Altaba's relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
Altaba Inc has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Altaba stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Altaba's odds of distress score SHOULD NOT be confused with the real chance of Altaba Inc filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Altaba is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Altaba's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Altaba's official financial statements usually reflect Altaba's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Altaba Inc. For example, before you start analyzing numbers published by Altaba accountants, it's critical to develop an understanding of what Altaba's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Altaba's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Altaba's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Altaba's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Altaba Inc. Please utilize our Beneish M Score to check the likelihood of Altaba's management manipulating its earnings.

Altaba Company Summary

Altaba competes with Coca Cola, Fresh Grapes, Molson Coors, Diageo PLC, and Perseus Mining. Altaba Inc. operates as a non-diversified, closed-end management investment company in the United States. Altaba Inc. was founded in 1994 and is based in New York, New York. Altaba operates under Asset Management classification in USA and is traded on NASDAQ.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0213461017
Business Address140 East 45th
SectorFinancial Services
IndustryAsset Management
BenchmarkNYSE Composite
Websitewww.altaba.com
Phone646 679 2000
CurrencyUSD - US Dollar
You should never invest in Altaba without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Altaba Stock, because this is throwing your money away. Analyzing the key information contained in Altaba's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Altaba Key Financial Ratios

Generally speaking, Altaba's financial ratios allow both analysts and investors to convert raw data from Altaba's financial statements into concise, actionable information that can be used to evaluate the performance of Altaba over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Altaba Inc reports annually and quarterly.

Altaba Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Altaba's current stock value. Our valuation model uses many indicators to compare Altaba value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altaba competition to find correlations between indicators driving Altaba's intrinsic value. More Info.
Altaba Inc is number one stock in beta category among related companies. It is number one stock in total asset category among related companies fabricating about  27,276,913,742  of Total Asset per Beta. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altaba by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altaba's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Altaba's earnings, one of the primary drivers of an investment's value.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Altaba Inc information on this page should be used as a complementary analysis to other Altaba's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Altaba Stock

If you are still planning to invest in Altaba Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altaba's history and understand the potential risks before investing.
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