Altair Engineering Inc
Altair Engineering Inc., together with its subsidiaries, develops and offers software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates through two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, h… Read more
Altair Engineering Inc (ALTR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.044x
Based on the latest financial reports, Altair Engineering Inc (ALTR) has a cash flow conversion efficiency ratio of 0.044x as of December 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($37.53 Million) by net assets ($857.19 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Altair Engineering Inc - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Altair Engineering Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Altair Engineering Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Altair Engineering Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NEW ORIENTAL EDU.+TECH.G.
F:N1U0
|
N/A |
|
SGH Ltd
AU:SGH
|
0.144x |
|
Pidilite Industries Limited
NSE:PIDILITIND
|
0.147x |
|
Accelink Technologies Co Ltd
SHE:002281
|
0.120x |
|
Porsche Automobil Holding SE
PINK:POAHF
|
-0.006x |
|
AAON Inc
NASDAQ:AAON
|
0.022x |
|
Enphase Energy Inc
NASDAQ:ENPH
|
0.044x |
|
Grupo Aeroportuario del Centro Norte SAB de CV
NASDAQ:OMAB
|
0.162x |
Annual Cash Flow Conversion Efficiency for Altair Engineering Inc (2015–2024)
The table below shows the annual cash flow conversion efficiency of Altair Engineering Inc from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $857.19 Million | $154.08 Million | 0.180x | +0.44% |
| 2023-12-31 | $711.33 Million | $127.31 Million | 0.179x | +157.68% |
| 2022-12-31 | $569.74 Million | $39.57 Million | 0.069x | -30.80% |
| 2021-12-31 | $613.98 Million | $61.62 Million | 0.100x | +15.80% |
| 2020-12-31 | $379.37 Million | $32.88 Million | 0.087x | -1.42% |
| 2019-12-31 | $357.06 Million | $31.39 Million | 0.088x | -29.83% |
| 2018-12-31 | $289.13 Million | $36.23 Million | 0.125x | -50.98% |
| 2017-12-31 | $62.94 Million | $16.09 Million | 0.256x | +141.43% |
| 2016-12-31 | $-34.65 Million | $21.39 Million | -0.617x | -139.37% |
| 2015-12-31 | $-42.04 Million | $10.84 Million | -0.258x | -- |