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) - Total Liabilities
Latest total liabilities as of December 2024: $588.46 Million USD
Based on the latest financial reports, Altair Engineering Inc (ALTR) has total liabilities worth $588.46 Million USD as of December 2024.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Altair Engineering Inc - Total Liabilities Trend (2015–2024)
This chart illustrates how Altair Engineering Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Altair Engineering Inc Competitors by Total Liabilities
The table below lists competitors of Altair Engineering Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Accelink Technologies Co Ltd
SHE:002281
|
China | CN¥6.54 Billion |
|
Pidilite Industries Limited
NSE:PIDILITIND
|
India | ₹41.42 Billion |
|
SGH Ltd
AU:SGH
|
Australia | AU$7.81 Billion |
|
Porsche Automobil Holding SE
PINK:POAHF
|
USA | $7.12 Billion |
|
AAON Inc
NASDAQ:AAON
|
USA | $791.52 Million |
|
Enphase Energy Inc
NASDAQ:ENPH
|
USA | $2.42 Billion |
|
Grupo Aeroportuario del Centro Norte SAB de CV
NASDAQ:OMAB
|
USA | $19.51 Billion |
Liability Composition Analysis (2015–2024)
This chart breaks down Altair Engineering Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.61 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.69 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.41 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Altair Engineering Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Altair Engineering Inc (2015–2024)
The table below shows the annual total liabilities of Altair Engineering Inc from 2015 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $588.46 Million | -9.77% |
| 2023-12-31 | $652.16 Million | +2.70% |
| 2022-12-31 | $635.00 Million | +15.60% |
| 2021-12-31 | $549.29 Million | +21.92% |
| 2020-12-31 | $450.53 Million | +16.69% |
| 2019-12-31 | $386.09 Million | +98.93% |
| 2018-12-31 | $194.08 Million | -13.71% |
| 2017-12-31 | $224.93 Million | -21.20% |
| 2016-12-31 | $285.43 Million | +8.16% |
| 2015-12-31 | $263.89 Million | -- |