Alphatec (ATEC) Financials

$12.00 +0.94 (+8.50%)

Closing price 05/2/2025 04:00 PM Eastern

Extended Trading

$12.00 0.00 (0.00%)

As of 05/2/2025 06:14 PM Eastern

Annual Income Statements for Alphatec

This table shows Alphatec's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-13	-179	-30	-2.29	-42	-57	-79	-143	-151	-187	-162
Consolidated Net Income / (Loss)	-13	-179	-30	-2.29	-29	-57	-79	-143	-151	-187	-162
Net Income / (Loss) Continuing Operations	-0.10	-171	-26	-4.54	-29	-57	-79	-143	-151	-187	-162
Total Pre-Tax Income	0.31	-172	-31	-4.57	-30	-57	-79	-144	-152	-187	-162
Total Operating Income	1.49	-176	-15	-9.00	-22	-47	-59	-128	-147	-173	-136
Total Gross Profit	110	88	76	68	63	78	103	158	233	310	424
Total Revenue	155	134	120	102	92	113	145	243	351	482	612
Operating Revenue	155	134	120	102	92	113	145	243	351	482	612
Total Cost of Revenue	45	46	44	34	28	36	42	85	118	172	187
Operating Cost of Revenue	45	46	44	34	28	36	42	85	118	172	187
Total Operating Expenses	108	264	92	77	86	125	161	286	380	484	560
Selling, General & Admin Expense	34	28	26	70	73	102	129	229	300	374	450
Research & Development Expense	17	18	9.25	4.92	9.85	14	19	32	44	70	81
Amortization Expense	1.23	1.20	0.93	0.69	0.74	0.70	0.69	5.35	10	14	16
Other Operating Expenses / (Income)	-	-	-	-	5.68	8.55	8.55	11	24	22	9.80
Restructuring Charge	-	0.60	2.29	2.21	2.93	0.06	4.22	8.06	1.93	2.83	3.46
Total Other Income / (Expense), net	-1.18	3.46	-16	4.43	-7.73	-9.87	-20	-16	-5.03	-14	-26
Interest Expense	3.02	4.00	9.48	-	0.59	9.87	20	15	5.51	17	25
Other Income / (Expense), net	1.84	7.45	-0.72	12	-7.14	-	0.00	-1.56	0.47	3.12	-1.03
Income Tax Expense	0.41	-1.15	-4.63	-0.03	-1.36	-0.24	0.15	-1.13	-0.72	-0.28	0.05
Basic Earnings per Share	($1.59)	($21.53)	($3.49)	($0.18)	($1.20)	($1.09)	($1.18)	($1.49)	($1.46)	($1.54)	($1.13)
Weighted Average Basic Shares Outstanding	8.11M	8.30M	8.58M	12.79M	35.32M	52.23M	67.02M	96.20M	103.37M	121.24M	142.95M
Diluted Earnings per Share	($1.90)	($21.53)	($3.49)	($1.08)	($1.20)	($1.09)	($1.18)	($1.49)	($1.46)	($1.54)	($1.13)
Weighted Average Diluted Shares Outstanding	8.15M	8.30M	8.58M	13.28M	35.32M	52.23M	67.02M	96.20M	103.37M	121.24M	142.95M
Weighted Average Basic & Diluted Shares Outstanding	99.10M	102.15M	9.05M	25.47M	35.32M	52.23M	67.02M	96.20M	111.11M	137.98M	144.15M

This table shows Alphatec's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-37	-35	-44	-51	-43	-49	-48	-41	-40	-33
Consolidated Net Income / (Loss)	-37	-35	-44	-51	-43	-49	-48	-41	-40	-33
Net Income / (Loss) Continuing Operations	-37	-35	-44	-51	-43	-49	-48	-41	-40	-33
Total Pre-Tax Income	-37	-35	-44	-51	-43	-49	-49	-41	-40	-33
Total Operating Income	-35	-35	-40	-50	-38	-45	-43	-35	-34	-24
Total Gross Profit	60	69	70	65	80	95	97	103	103	122
Total Revenue	90	106	109	117	118	138	138	146	151	177
Operating Revenue	90	106	109	117	118	138	138	146	151	177
Total Cost of Revenue	30	37	39	52	38	43	41	43	48	55
Operating Cost of Revenue	30	37	39	52	38	43	41	43	48	55
Total Operating Expenses	94	104	111	114	118	140	141	138	136	145
Selling, General & Admin Expense	76	82	91	87	91	104	114	113	109	115
Research & Development Expense	12	12	13	15	20	22	18	19	20	23
Amortization Expense	2.77	2.93	2.88	3.71	3.87	3.82	3.85	3.84	3.85	4.72
Other Operating Expenses / (Income)	3.60	7.31	3.19	6.91	2.72	9.47	4.43	2.09	2.09	1.19
Restructuring Charge	0.05	0.11	0.18	1.93	0.41	0.32	0.67	0.14	0.93	1.71
Total Other Income / (Expense), net	-1.90	-0.28	-3.17	-1.57	-4.41	-4.37	-5.22	-5.66	-5.95	-9.07
Interest Expense	1.29	1.33	3.87	3.89	4.46	4.42	5.34	5.82	6.57	7.15
Other Income / (Expense), net	-0.62	1.05	0.71	2.32	0.05	0.04	0.12	0.16	0.62	-1.92
Income Tax Expense	-0.08	-0.52	0.01	-0.05	-0.12	-0.12	-0.07	-0.29	-0.04	0.44
Basic Earnings per Share	($0.35)	($0.32)	($0.40)	($0.43)	($0.35)	($0.36)	($0.34)	($0.29)	($0.28)	($0.22)
Weighted Average Basic Shares Outstanding	104.80M	103.37M	109.75M	118.72M	122.47M	121.24M	140.98M	142.69M	143.49M	142.95M
Diluted Earnings per Share	($0.35)	($0.32)	($0.40)	($0.43)	($0.35)	($0.36)	($0.34)	($0.29)	($0.28)	($0.22)
Weighted Average Diluted Shares Outstanding	104.80M	103.37M	109.75M	118.72M	122.47M	121.24M	140.98M	142.69M	143.49M	142.95M
Weighted Average Basic & Diluted Shares Outstanding	105.06M	111.11M	118.50M	120.32M	136.30M	137.98M	139.88M	140.46M	141.77M	144.15M

This table details how cash moves in and out of Alphatec's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-1.61	-8.51	8.52	2.87	6.59	18	61	79	-103	136	-82
Net Cash From Operating Activities	-20	10	-9.96	-8.73	-26	-33	-46	-73	-75	-78	-45
Net Cash From Continuing Operating Activities	-20	10	-9.96	-8.73	-26	-33	-46	-73	-75	-78	-45
Net Income / (Loss) Continuing Operations	-13	-179	-30	-2.29	-29	-57	-79	-143	-151	-187	-162
Consolidated Net Income / (Loss)	-13	-179	-30	-2.29	-29	-57	-79	-143	-151	-187	-162
Depreciation Expense	18	19	12	7.48	6.79	7.58	11	27	41	56	78
Amortization Expense	6.70	4.70	3.63	2.76	2.09	4.64	4.66	5.29	4.80	7.18	9.36
Non-Cash Adjustments To Reconcile Net Income	3.88	171	8.80	-6.26	3.75	20	33	60	53	99	89
Changes in Operating Assets and Liabilities, net	-36	-5.62	-4.83	-10	-9.26	-8.53	-16	-22	-23	-54	-59
Net Cash From Investing Activities	-11	-12	62	-6.50	-22	-13	-24	-158	-58	-142	-93
Net Cash From Continuing Investing Activities	-11	-12	62	-6.50	-22	-13	-24	-158	-58	-142	-93
Purchase of Property, Plant & Equipment	-11	-12	-8.90	-7.60	-6.51	-13	-23	-69	-49	-81	-83
Acquisitions	0.00	0.00	-0.25	-	-16	0.00	-0.76	-83	-8.83	-61	-9.91
Other Investing Activities, net	-	-	-	1.10	-	-	0.00	-2.99	0.00	0.00	0.00
Net Cash From Financing Activities	31	-6.53	-43	18	54	64	131	312	31	357	56
Net Cash From Continuing Financing Activities	31	-6.53	-43	18	54	64	131	312	31	357	56
Repayment of Debt	-163	-153	-190	-103	-123	-116	-23	-57	-28	-138	-166
Issuance of Debt	193	147	147	96	125	124	42	316	63	282	223
Issuance of Common Equity	0.03	0.38	0.11	24	52	56	108	132	0.00	213	0.00
Other Financing Activities, net	-	-	-	-	-	-	3.34	-54	-3.04	-1.06	-0.56
Effect of Exchange Rate Changes	-1.07	0.15	-0.09	0.28	-0.02	0.03	0.09	-1.40	-0.37	-0.19	-0.55
Cash Interest Paid	5.89	7.63	7.37	4.70	5.14	5.97	6.33	5.03	3.86	17	20
Cash Income Taxes Paid	0.57	0.62	0.92	0.11	0.13	0.16	0.19	0.22	0.27	0.33	0.28

This table details how cash moves in and out of Alphatec's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-1.36	-21	32	-16	22	98	-77	-44	-19	58
Net Cash From Operating Activities	-15	-8.40	-18	-18	-17	-25	-38	-11	-5.34	11
Net Cash From Continuing Operating Activities	-15	-8.40	-18	-18	-17	-25	-38	-11	-5.34	11
Net Income / (Loss) Continuing Operations	-37	-35	-44	-51	-43	-49	-48	-41	-40	-33
Consolidated Net Income / (Loss)	-37	-35	-44	-51	-43	-49	-48	-41	-40	-33
Depreciation Expense	11	11	12	14	15	16	18	20	21	20
Amortization Expense	1.30	1.40	1.53	1.87	1.79	1.99	2.09	2.26	2.43	2.59
Non-Cash Adjustments To Reconcile Net Income	15	14	19	30	25	25	21	22	23	23
Changes in Operating Assets and Liabilities, net	-4.55	-0.09	-7.29	-12	-16	-18	-31	-15	-11	-1.27
Net Cash From Investing Activities	-16	-15	-17	-76	-21	-28	-34	-36	-20	-3.75
Net Cash From Continuing Investing Activities	-16	-15	-17	-76	-21	-28	-34	-36	-20	-3.75
Purchase of Property, Plant & Equipment	-9.65	-13	-16	-19	-19	-26	-31	-34	-16	-1.98
Acquisitions	-5.98	-1.37	-0.54	-56	-2.01	-2.50	-2.31	-1.79	-4.04	-1.77
Net Cash From Financing Activities	29	1.01	67	78	60	152	-4.37	3.24	6.69	51
Net Cash From Continuing Financing Activities	29	1.01	67	78	60	152	-4.37	3.24	6.69	51
Repayment of Debt	-1.34	-26	-32	-34	113	-185	-43	-43	-27	-53
Issuance of Debt	35	28	99	55	-61	190	42	46	34	101
Other Financing Activities, net	-4.21	-0.66	0.22	-0.45	-0.78	-0.06	-3.54	-0.33	0.29	3.02
Effect of Exchange Rate Changes	-0.49	0.81	0.03	-0.16	-0.15	0.09	-0.46	-0.21	-0.33	0.45
Cash Interest Paid	0.75	1.14	3.73	3.11	4.36	6.07	5.46	4.30	5.58	4.97

This table presents Alphatec's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	345	146	94	85	129	170	261	572	521	805	776
Total Current Assets	113	101	73	66	76	108	184	331	256	451	417
Cash & Equivalents	20	6.30	20	22	29	47	108	187	85	221	139
Accounts Receivable	40	27	19	15	15	16	24	42	60	73	83
Inventories, net	42	33	30	27	29	35	46	92	102	137	175
Prepaid Expenses	5.47	3.14	4.26	1.77	2.03	9.88	5.44	10	9.36	21	20
Plant, Property, & Equipment, net	26	16	15	13	13	20	37	87	102	150	156
Total Noncurrent Assets	206	29	6.29	5.51	41	42	40	153	163	204	202
Goodwill	171	-	-	-	14	14	14	40	47	73	71
Intangible Assets	30	8.81	5.71	5.25	26	26	25	85	83	102	94
Other Noncurrent Operating Assets	4.18	0.50	0.52	0.21	0.35	2.35	1.72	29	33	29	37
Total Liabilities & Shareholders' Equity	345	146	94	85	129	170	261	572	521	805	776
Total Liabilities	172	159	112	88	88	103	108	469	532	703	766
Total Current Liabilities	64	125	40	30	31	36	58	101	139	158	153
Short-Term Debt	8.08	80	3.11	3.31	3.28	0.49	4.17	0.34	15	1.81	1.66
Accounts Payable	10	14	8.70	3.88	4.40	7.77	18	26	35	49	53
Accrued Expenses	35	21	28	22	22	26	35	56	72	88	81
Other Current Liabilities	8.70	0.69	-	-	-	1.31	0.89	19	17	19	17
Total Noncurrent Liabilities	109	34	72	58	58	66	49	368	393	546	613
Long-Term Debt	75	0.48	43	38	42	53	38	326	350	511	575
Capital Lease Obligations	-	-	-	-	-	-	-	-	27	24	27
Other Noncurrent Operating Liabilities	32	32	29	20	15	13	11	41	17	11	11
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	24	24	24	24	24	24	24	24	24	24	24
Total Equity & Noncontrolling Interests	149	-37	-42	-27	18	44	130	79	-35	78	-14
Total Preferred & Common Equity	149	-37	-42	-27	18	44	130	79	-35	78	-14
Total Common Equity	149	-37	-42	-27	18	44	130	79	-35	78	-14
Common Stock	414	417	420	437	524	607	771	893	934	1,230	1,306
Retained Earnings	-249	-427	-457	-459	-502	-559	-638	-782	-932	-1,119	-1,281
Treasury Stock	-0.10	-0.10	-0.10	-0.10	-0.10	-0.10	-0.10	-25	-25	-25	-25
Accumulated Other Comprehensive Income / (Loss)	-11	-21	0.97	1.09	1.06	1.09	1.20	-5.99	-11	-8.32	-14
Other Equity Adjustments	-5.00	-5.00	-5.00	-5.00	-5.00	-5.00	-4.00	0.00	0.00	0.00	0.00

This table presents Alphatec's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	516	570	628	670	775	769	746
Total Current Assets	269	299	300	334	405	377	362
Cash & Equivalents	106	117	101	123	144	100	81
Accounts Receivable	51	62	60	65	89	84	78
Inventories, net	102	108	120	131	153	172	183
Prepaid Expenses	9.72	12	19	16	20	20	20
Plant, Property, & Equipment, net	99	110	119	134	171	181	171
Total Noncurrent Assets	149	161	209	203	198	211	212
Goodwill	38	48	73	72	72	72	73
Intangible Assets	80	81	106	102	100	99	99
Other Noncurrent Operating Assets	31	32	31	29	26	40	40
Total Liabilities & Shareholders' Equity	516	570	628	670	775	769	746
Total Liabilities	515	604	633	691	713	728	724
Total Current Liabilities	125	143	139	148	169	169	156
Short-Term Debt	14	16	2.21	1.77	2.55	2.29	1.79
Accounts Payable	33	39	44	50	60	73	60
Accrued Expenses	62	69	74	77	88	76	76
Other Current Liabilities	17	19	19	19	19	18	19
Total Noncurrent Liabilities	390	462	494	543	544	558	567
Long-Term Debt	348	419	455	507	512	517	526
Capital Lease Obligations	27	26	25	24	21	30	29
Other Noncurrent Operating Liabilities	14	16	13	12	11	12	12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	24	24	24	24	24	24	24
Total Equity & Noncontrolling Interests	-23	-58	-28	-44	38	17	-1.36
Total Preferred & Common Equity	-23	-58	-28	-44	38	17	-1.36
Total Common Equity	-23	-58	-28	-44	38	17	-1.36
Common Stock	919	952	1,034	1,063	1,241	1,262	1,280
Retained Earnings	-899	-976	-1,027	-1,070	-1,167	-1,208	-1,248
Treasury Stock	-25	-25	-25	-25	-25	-25	-25
Accumulated Other Comprehensive Income / (Loss)	-17	-9.69	-9.51	-12	-11	-12	-8.41

This table displays calculated financial ratios and metrics derived from Alphatec's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-24.47%	-13.09%	-10.52%	-15.39%	-9.87%	23.70%	27.71%	67.89%	44.26%	37.45%	26.81%
EBITDA Growth	158.63%	-609.34%	99.93%	13,654.08%	-255.86%	-69.34%	-23.38%	-125.58%	-3.03%	-6.39%	53.80%
EBIT Growth	104.42%	-5,171.03%	90.44%	118.90%	-1,072.67%	-59.83%	-24.51%	-120.21%	-13.03%	-16.22%	19.43%
NOPAT Growth	99.08%	-26,037.03%	91.26%	41.45%	-149.25%	-110.68%	-24.51%	-117.55%	-14.77%	-17.98%	21.47%
Net Income Growth	84.33%	-1,287.02%	83.25%	92.33%	-1,163.08%	-96.73%	-38.58%	-81.07%	-5.78%	-23.36%	13.14%
EPS Growth	84.33%	-1,287.02%	83.79%	69.05%	-11.11%	9.17%	-8.26%	-26.27%	2.01%	-5.48%	26.62%
Operating Cash Flow Growth	-359.65%	149.94%	-198.37%	12.35%	-193.37%	-29.34%	-40.13%	-57.97%	-2.48%	-4.46%	43.11%
Free Cash Flow Firm Growth	-131.72%	3,310.77%	-99.36%	-2,405.84%	-347.91%	15.33%	-11.88%	-344.39%	36.35%	-56.48%	37.50%
Invested Capital Growth	0.99%	-91.20%	-55.67%	73.84%	270.12%	27.68%	18.61%	176.10%	21.70%	41.32%	13.61%
Revenue Q/Q Growth	-25.09%	4.80%	19.55%	-0.79%	-1.01%	6.59%	8.71%	14.07%	10.03%	7.11%	6.78%
EBITDA Q/Q Growth	182.51%	-11.86%	-104.45%	621.52%	-127.08%	2.27%	-6.37%	-20.69%	7.13%	-5.47%	32.35%
EBIT Q/Q Growth	105.61%	-9.50%	8.14%	124.40%	-61.17%	-1.72%	-4.50%	-21.19%	3.11%	-6.78%	12.19%
NOPAT Q/Q Growth	98.82%	-7.39%	13.64%	27.75%	-22.27%	-16.81%	-4.50%	-19.73%	2.07%	-5.99%	13.37%
Net Income Q/Q Growth	82.36%	-5.70%	15.64%	85.39%	-211.83%	-12.65%	-14.11%	-9.24%	2.64%	-8.29%	8.85%
EPS Q/Q Growth	82.36%	-5.70%	15.70%	4.42%	-445.45%	27.33%	0.00%	0.00%	5.81%	-2.67%	11.02%
Operating Cash Flow Q/Q Growth	-5.88%	81.47%	-324.71%	51.36%	-49.45%	0.06%	4.80%	-12.27%	7.78%	-26.83%	44.31%
Free Cash Flow Firm Q/Q Growth	-129.41%	58.35%	-98.90%	45.04%	-13.32%	2.89%	-16.36%	-6.23%	-3.54%	-10.35%	30.33%
Invested Capital Q/Q Growth	-0.99%	-67.93%	17,582.35%	5.14%	8.87%	-1.98%	5.34%	1.69%	4.06%	7.05%	-4.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.92%	65.50%	63.31%	67.06%	68.97%	68.41%	70.76%	64.87%	66.42%	64.32%	69.37%
EBITDA Margin	18.37%	-107.66%	-0.08%	13.06%	-22.58%	-30.91%	-29.86%	-40.12%	-28.65%	-22.18%	-8.08%
Operating Margin	0.96%	-130.86%	-12.79%	-8.85%	-24.47%	-41.68%	-40.63%	-52.65%	-41.89%	-35.95%	-22.27%
EBIT Margin	2.15%	-125.32%	-13.38%	2.99%	-32.26%	-41.68%	-40.63%	-53.30%	-41.75%	-35.31%	-22.43%
Profit (Net Income) Margin	-8.33%	-132.96%	-24.89%	-2.25%	-31.60%	-50.25%	-54.53%	-58.81%	-43.12%	-38.70%	-26.51%
Tax Burden Percent	-4,168.93%	103.64%	96.74%	50.15%	96.04%	99.76%	100.18%	99.22%	99.53%	99.85%	100.03%
Interest Burden Percent	9.30%	102.37%	192.24%	-150.41%	101.99%	120.87%	133.95%	111.22%	103.76%	109.77%	118.13%
Effective Tax Rate	131.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-0.20%	-97.91%	-73.32%	-51.04%	-42.63%	-50.10%	-50.88%	-54.25%	-38.26%	-34.07%	-21.39%
ROIC Less NNEP Spread (ROIC-NNEP)	-27.16%	-218.93%	-136.94%	-33.48%	-117.21%	-251.91%	77.73%	-198.61%	-59.97%	-55.06%	-38.51%
Return on Net Nonoperating Assets (RNNOA)	-6.80%	-126.01%	267.17%	72.93%	-109.39%	-55.06%	-20.70%	-57.27%	-290.78%	-377.69%	-270.32%
Return on Equity (ROE)	-7.00%	-223.93%	193.85%	21.89%	-152.01%	-105.16%	-71.58%	-111.52%	-329.04%	-411.75%	-291.71%
Cash Return on Invested Capital (CROIC)	-1.19%	69.72%	3.83%	-104.97%	-157.54%	-74.41%	-67.91%	-147.89%	-57.83%	-68.32%	-34.13%
Operating Return on Assets (OROA)	0.93%	-68.56%	-13.38%	3.40%	-27.63%	-31.58%	-27.30%	-31.11%	-26.81%	-25.68%	-17.36%
Return on Assets (ROA)	-3.63%	-72.74%	-24.88%	-2.57%	-27.06%	-38.07%	-36.64%	-34.33%	-27.68%	-28.15%	-20.51%
Return on Common Equity (ROCE)	-6.11%	-157.69%	490.25%	71.21%	36.22%	-59.37%	-56.27%	-91.00%	-160.13%	-197.35%	-167.82%
Return on Equity Simple (ROE_SIMPLE)	-8.65%	488.51%	72.10%	8.61%	-164.87%	-130.65%	-60.82%	-180.09%	436.42%	-238.92%	1,144.21%
Net Operating Profit after Tax (NOPAT)	-0.47	-123	-11	-6.30	-16	-33	-41	-90	-103	-121	-95
NOPAT Margin	-0.30%	-91.60%	-8.95%	-6.19%	-17.13%	-29.18%	-28.44%	-36.86%	-29.32%	-25.17%	-15.59%
Net Nonoperating Expense Percent (NNEP)	26.95%	121.01%	63.62%	-17.56%	74.58%	201.80%	-128.62%	144.36%	21.71%	20.99%	17.13%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-28.87%	-19.75%	-16.17%
Cost of Revenue to Revenue	29.08%	34.50%	36.69%	32.94%	31.03%	31.59%	29.24%	35.13%	33.58%	35.68%	30.63%
SG&A Expenses to Revenue	22.02%	20.93%	21.90%	68.76%	79.22%	89.67%	89.16%	94.27%	85.51%	77.57%	73.61%
R&D to Revenue	11.07%	13.31%	7.69%	4.84%	10.75%	12.21%	12.94%	13.16%	12.55%	14.54%	13.20%
Operating Expenses to Revenue	69.96%	196.35%	76.10%	75.91%	93.44%	110.09%	111.39%	117.52%	108.31%	100.28%	91.64%
Earnings before Interest and Taxes (EBIT)	3.32	-168	-16	3.04	-30	-47	-59	-130	-147	-170	-137
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	28	-145	-0.10	13	-21	-35	-43	-98	-101	-107	-49
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.93	0.00	0.00	0.00	5.63	9.98	8.77	14.29	0.00	26.36	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	105.44	12.48	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.90	0.23	0.24	0.44	1.08	3.84	7.86	4.67	3.70	4.27	2.13
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.95	6.17	8.74	5.53	2.40	6.29	12.48	5.35	5.51	5.75	3.78
Enterprise Value to Revenue (EV/Rev)	1.43	0.93	0.66	0.85	1.52	4.11	7.57	5.34	4.64	4.97	2.93
Enterprise Value to EBITDA (EV/EBITDA)	7.77	0.00	0.00	6.53	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	66.42	0.00	0.00	28.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	12.40	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1.43	140.21	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.48	-6.18	-2.58	-13.44	1.11	0.80	0.27	3.17	-35.34	5.27	63.97
Long-Term Debt to Equity	0.43	-0.04	-2.41	-12.36	1.03	0.80	0.25	3.17	-33.99	5.26	63.79
Financial Leverage	0.25	0.58	-1.95	-2.18	0.93	0.22	-0.27	0.29	4.85	6.86	7.02
Leverage Ratio	1.93	3.08	-7.79	-8.53	5.62	2.76	1.95	3.25	11.89	14.63	14.22
Compound Leverage Factor	0.18	3.15	-14.98	12.84	5.73	3.34	2.62	3.61	12.33	16.06	16.80
Debt to Total Capital	32.39%	119.29%	163.25%	108.04%	52.53%	44.51%	21.55%	76.03%	102.91%	84.06%	98.46%
Short-Term Debt to Total Capital	3.16%	118.58%	11.00%	8.70%	3.78%	0.40%	2.13%	0.08%	3.93%	0.28%	0.27%
Long-Term Debt to Total Capital	29.23%	0.71%	152.25%	99.34%	48.76%	44.11%	19.42%	75.95%	98.98%	83.78%	98.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	9.25%	35.10%	83.39%	62.08%	27.21%	19.48%	12.06%	5.49%	6.21%	3.70%	3.85%
Common Equity to Total Capital	58.36%	-54.39%	-146.64%	-70.12%	20.26%	36.01%	66.38%	18.48%	-9.12%	12.24%	-2.31%
Debt to EBITDA	2.91	-0.55	-471.48	3.09	-2.20	-1.54	-0.97	-3.35	-3.89	-5.02	-12.21
Net Debt to EBITDA	2.06	-0.49	-271.55	1.40	-0.80	-0.19	1.52	-1.43	-3.05	-2.95	-9.40
Long-Term Debt to EBITDA	2.63	0.00	-439.71	2.84	-2.04	-1.52	-0.88	-3.35	-3.74	-5.00	-12.18
Debt to NOPAT	-175.54	-0.65	-4.29	-6.52	-2.90	-1.63	-1.02	-3.65	-3.80	-4.42	-6.33
Net Debt to NOPAT	-124.29	-0.58	-2.47	-2.95	-1.05	-0.21	1.59	-1.56	-2.98	-2.60	-4.87
Long-Term Debt to NOPAT	-158.39	0.00	-4.00	-5.99	-2.69	-1.62	-0.92	-3.64	-3.66	-4.41	-6.31
Altman Z-Score	0.13	-7.05	-5.51	-5.45	-4.38	-1.80	3.31	-0.30	-1.03	0.15	-0.68
Noncontrolling Interest Sharing Ratio	12.83%	29.58%	-152.90%	-225.26%	123.83%	43.54%	21.39%	18.40%	51.33%	52.07%	42.47%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.78	0.81	1.81	2.24	2.47	2.98	3.16	3.28	1.84	2.86	2.73
Quick Ratio	0.95	0.27	0.95	1.25	1.44	1.74	2.25	2.27	1.04	1.86	1.45
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2.73	88	0.56	-13	-58	-49	-55	-244	-156	-243	-152
Operating Cash Flow to CapEx	-179.39%	82.67%	-111.94%	-114.92%	-415.31%	-254.15%	-200.88%	-106.96%	-151.93%	-97.49%	-53.65%
Free Cash Flow to Firm to Interest Expense	-0.90	21.91	0.06	0.00	-98.40	-4.98	-2.75	-16.80	-28.25	-14.63	-6.11
Operating Cash Flow to Interest Expense	-6.71	2.53	-1.05	0.00	-43.40	-3.36	-2.32	-5.04	-13.65	-4.72	-1.79
Operating Cash Flow Less CapEx to Interest Expense	-10.45	-0.53	-1.99	0.00	-53.85	-4.68	-3.48	-9.76	-22.63	-9.55	-5.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.44	0.55	1.00	1.14	0.86	0.76	0.67	0.58	0.64	0.73	0.77
Accounts Receivable Turnover	3.78	3.99	5.30	6.10	6.13	7.26	7.30	7.44	6.88	7.27	7.86
Inventory Turnover	1.07	1.25	1.41	1.17	1.02	1.13	1.05	1.24	1.22	1.44	1.20
Fixed Asset Turnover	5.72	6.38	7.72	7.33	7.08	6.88	5.14	3.92	3.71	3.83	3.99
Accounts Payable Turnover	4.30	3.92	3.97	5.33	6.88	5.89	3.34	3.94	3.90	4.11	3.67
Days Sales Outstanding (DSO)	96.59	91.41	68.88	59.79	59.54	50.27	49.99	49.09	53.03	50.21	46.43
Days Inventory Outstanding (DIO)	339.71	292.76	259.49	312.46	359.50	324.02	348.35	294.10	299.33	252.83	304.11
Days Payable Outstanding (DPO)	84.92	93.17	92.02	68.49	53.08	61.99	109.31	92.55	93.69	88.81	99.36
Cash Conversion Cycle (CCC)	351.38	290.99	236.35	303.76	365.97	312.30	289.03	250.64	258.67	214.23	251.19
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	231	20	9.02	16	58	74	88	243	295	417	474
Invested Capital Turnover	0.67	1.07	8.19	8.24	2.49	1.72	1.79	1.47	1.30	1.35	1.37
Increase / (Decrease) in Invested Capital	2.26	-211	-11	6.66	42	16	14	155	53	122	57
Enterprise Value (EV)	221	126	79	87	139	466	1,097	1,298	1,627	2,399	1,790
Market Capitalization	138	30	29	44	99	435	1,139	1,135	1,297	2,060	1,301
Book Value per Share	$1.52	($0.36)	($4.66)	($1.59)	$0.41	$0.71	$1.66	$0.80	($0.33)	$0.57	($0.10)
Tangible Book Value per Share	($0.54)	($0.45)	($5.30)	($1.91)	($0.53)	$0.07	$1.16	($0.46)	($1.57)	($0.71)	($1.26)
Total Capital	255	67	28	38	87	121	196	430	380	638	613
Total Debt	83	80	46	41	46	54	42	327	391	537	603
Total Long-Term Debt	75	0.48	43	38	42	53	38	326	376	535	602
Net Debt	59	72	27	19	17	6.82	-66	140	306	316	465
Capital Expenditures (CapEx)	11	12	8.90	7.60	6.17	13	23	69	49	81	83
Debt-free, Cash-free Net Working Capital (DFCFNWC)	33	48	16	18	19	25	22	43	47	74	127
Debt-free Net Working Capital (DFNWC)	58	56	36	40	48	72	130	230	132	295	266
Net Working Capital (NWC)	50	-24	33	37	45	72	126	230	117	294	264
Net Nonoperating Expense (NNE)	12	56	19	-4.01	13	24	38	53	48	65	67
Net Nonoperating Obligations (NNO)	59	33	27	19	17	6.85	-66	140	306	316	465
Total Depreciation and Amortization (D&A)	25	24	16	10	8.88	12	16	32	46	63	88
Debt-free, Cash-free Net Working Capital to Revenue	21.63%	35.39%	13.48%	17.28%	20.88%	22.31%	15.36%	17.74%	13.40%	15.42%	20.80%
Debt-free Net Working Capital to Revenue	37.24%	41.82%	29.77%	39.36%	52.57%	63.84%	89.75%	94.73%	37.54%	61.24%	43.50%
Net Working Capital to Revenue	32.02%	-17.52%	27.18%	36.11%	48.99%	63.41%	86.88%	94.59%	33.28%	60.86%	43.23%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.56)	($21.48)	($3.49)	($0.18)	($1.20)	($1.09)	($1.18)	($1.50)	($1.47)	($1.54)	($1.13)
Adjusted Weighted Average Basic Shares Outstanding	8.11M	8.30M	8.58M	12.79M	35.32M	62.99M	95.15M	99.79M	103.37M	121.24M	142.95M
Adjusted Diluted Earnings per Share	($1.92)	($21.48)	($3.49)	($1.08)	($1.20)	($1.09)	($1.18)	($1.50)	($1.47)	($1.54)	($1.13)
Adjusted Weighted Average Diluted Shares Outstanding	8.14M	8.30M	8.58M	13.28M	35.32M	62.99M	95.15M	99.79M	103.37M	121.24M	142.95M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($1.09)	($1.18)	($1.50)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	8.32M	8.51M	9.05M	25.47M	46.85M	52.23M	67.02M	96.20M	111.11M	137.98M	144.15M
Normalized Net Operating Profit after Tax (NOPAT)	1.04	-7.70	-7.94	-5.14	-18	-33	-38	-84	-102	-119	-93
Normalized NOPAT Margin	0.67%	-5.73%	-6.61%	-5.05%	-19.60%	-29.14%	-26.40%	-34.54%	-28.94%	-24.76%	-15.19%
Pre Tax Income Margin	0.20%	-128.28%	-25.73%	-4.50%	-32.90%	-50.38%	-54.43%	-59.27%	-43.32%	-38.76%	-26.50%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.10	-42.09	-1.70	0.00	-50.13	-4.79	-2.95	-8.91	-26.61	-10.23	-5.51
NOPAT to Interest Expense	-0.16	-30.77	-1.14	0.00	-26.62	-3.35	-2.06	-6.16	-18.69	-7.29	-3.83
EBIT Less CapEx to Interest Expense	-2.64	-45.15	-2.64	0.00	-60.58	-6.11	-4.10	-13.63	-35.60	-15.07	-8.86
NOPAT Less CapEx to Interest Expense	-3.90	-33.83	-2.07	0.00	-37.07	-4.68	-3.22	-10.88	-27.67	-12.13	-7.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-17.48%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Alphatec's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	42.87%	43.24%	53.82%	38.94%	31.64%	30.23%	26.92%	24.51%	27.45%	28.14%
EBITDA Growth	8.17%	26.66%	14.47%	-28.23%	7.22%	-26.13%	12.01%	59.29%	54.10%	88.25%
EBIT Growth	-3.94%	12.16%	3.92%	-33.22%	-7.66%	-31.81%	-9.04%	26.05%	13.66%	42.53%
NOPAT Growth	0.43%	8.16%	2.14%	-39.47%	-9.69%	-27.99%	-7.42%	29.19%	12.14%	46.87%
Net Income Growth	14.50%	10.57%	-2.14%	-38.48%	-15.93%	-41.10%	-11.41%	20.82%	7.12%	32.08%
EPS Growth	18.60%	21.95%	6.98%	-19.44%	0.00%	-12.50%	15.00%	32.56%	20.00%	38.89%
Operating Cash Flow Growth	37.40%	43.00%	25.83%	34.62%	-17.67%	-197.56%	-109.77%	36.25%	69.09%	142.09%
Free Cash Flow Firm Growth	61.26%	57.47%	61.59%	-64.28%	-90.82%	-98.76%	-139.93%	-5.08%	0.72%	52.10%
Invested Capital Growth	18.93%	21.70%	16.47%	33.94%	37.37%	41.32%	46.01%	29.80%	27.79%	13.61%
Revenue Q/Q Growth	6.76%	17.93%	2.99%	7.16%	1.15%	16.66%	0.37%	5.12%	3.54%	17.30%
EBITDA Q/Q Growth	5.87%	9.58%	-24.46%	-21.04%	31.89%	-22.92%	13.17%	44.00%	23.20%	68.53%
EBIT Q/Q Growth	0.27%	4.52%	-16.67%	-19.91%	19.40%	-16.90%	3.49%	18.68%	5.89%	22.19%
NOPAT Q/Q Growth	2.18%	-0.16%	-15.19%	-23.58%	23.07%	-16.87%	3.32%	18.54%	4.54%	29.33%
Net Income Q/Q Growth	0.83%	5.46%	-25.14%	-18.03%	16.98%	-15.06%	1.19%	16.12%	2.62%	15.86%
EPS Q/Q Growth	2.78%	8.57%	-25.00%	-7.50%	18.60%	-2.86%	5.56%	14.71%	3.45%	21.43%
Operating Cash Flow Q/Q Growth	46.27%	42.79%	-118.07%	2.47%	3.28%	-44.66%	-53.73%	70.36%	53.12%	296.99%
Free Cash Flow Firm Q/Q Growth	12.33%	-10.81%	6.60%	-81.05%	-1.84%	-15.42%	-33.33%	20.71%	3.79%	44.30%
Invested Capital Q/Q Growth	0.74%	4.06%	4.98%	21.71%	3.32%	7.05%	14.99%	8.20%	1.73%	-4.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	66.25%	64.99%	64.55%	55.20%	67.69%	68.99%	70.30%	70.48%	68.16%	68.77%
EBITDA Margin	-26.13%	-20.04%	-24.22%	-27.35%	-18.42%	-19.41%	-16.79%	-8.94%	-6.63%	-1.78%
Operating Margin	-38.93%	-33.06%	-36.98%	-42.64%	-32.44%	-32.49%	-31.30%	-24.25%	-22.36%	-13.47%
EBIT Margin	-39.61%	-32.07%	-36.33%	-40.66%	-32.40%	-32.46%	-31.21%	-24.15%	-21.95%	-14.56%
Profit (Net Income) Margin	-40.95%	-32.83%	-39.89%	-43.94%	-36.07%	-35.57%	-35.02%	-27.94%	-26.28%	-18.85%
Tax Burden Percent	99.79%	98.52%	100.03%	99.90%	99.73%	99.75%	99.86%	99.30%	99.91%	101.34%
Interest Burden Percent	103.61%	103.91%	109.77%	108.19%	111.64%	109.86%	112.36%	116.54%	119.87%	127.78%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-33.27%	-30.19%	-34.96%	-38.22%	-30.35%	-30.79%	-29.40%	-21.16%	-20.19%	-12.94%
ROIC Less NNEP Spread (ROIC-NNEP)	-39.65%	-34.80%	-40.57%	-43.45%	-34.92%	-36.48%	-34.33%	-25.00%	-23.81%	-17.21%
Return on Net Nonoperating Assets (RNNOA)	-112.20%	-168.73%	-717.53%	-924.13%	1,239.42%	-250.25%	-957.48%	-574.42%	-12,537.73%	-120.81%
Return on Equity (ROE)	-145.46%	-198.92%	-752.49%	-962.35%	1,209.06%	-281.04%	-986.88%	-595.58%	-12,557.93%	-133.75%
Cash Return on Invested Capital (CROIC)	-57.52%	-57.83%	-50.72%	-63.05%	-65.49%	-68.32%	-69.79%	-52.07%	-49.19%	-34.13%
Operating Return on Assets (OROA)	-22.67%	-20.59%	-25.28%	-30.08%	-24.59%	-23.61%	-23.76%	-18.68%	-17.75%	-11.26%
Return on Assets (ROA)	-23.44%	-21.08%	-27.76%	-32.51%	-27.37%	-25.87%	-26.66%	-21.62%	-21.26%	-14.59%
Return on Common Equity (ROCE)	-95.12%	-96.81%	399.78%	572.82%	4,132.38%	-134.69%	778.03%	181.85%	339,675.85%	-76.95%
Return on Equity Simple (ROE_SIMPLE)	688.57%	0.00%	260.80%	591.35%	390.26%	0.00%	-510.24%	-1,057.26%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-24	-25	-28	-35	-27	-31	-30	-25	-24	-17
NOPAT Margin	-27.25%	-23.14%	-25.88%	-29.85%	-22.70%	-22.74%	-21.91%	-16.98%	-15.65%	-9.43%
Net Nonoperating Expense Percent (NNEP)	6.38%	4.60%	5.61%	5.24%	4.56%	5.69%	4.93%	3.84%	3.62%	4.27%
Return On Investment Capital (ROIC_SIMPLE)	-	-6.88%	-	-	-	-5.11%	-	-	-	-2.83%
Cost of Revenue to Revenue	33.75%	35.01%	35.46%	44.80%	32.31%	31.01%	29.70%	29.52%	31.84%	31.23%
SG&A Expenses to Revenue	84.54%	77.32%	83.64%	74.66%	77.30%	75.47%	82.13%	77.44%	72.45%	64.79%
R&D to Revenue	13.48%	10.95%	12.15%	12.46%	16.91%	16.15%	13.01%	13.12%	13.51%	13.15%
Operating Expenses to Revenue	105.17%	98.05%	101.52%	97.84%	100.12%	101.49%	101.60%	94.73%	90.52%	82.25%
Earnings before Interest and Taxes (EBIT)	-36	-34	-40	-48	-38	-45	-43	-35	-33	-26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-23	-21	-26	-32	-22	-27	-23	-13	-10.00	-3.15
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	26.36	50.05	85.43	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.87	3.70	4.46	5.05	3.47	4.27	3.67	2.71	1.36	2.13
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.30	5.51	6.78	6.72	5.12	5.75	5.07	3.95	2.57	3.78
Enterprise Value to Revenue (EV/Rev)	3.83	4.64	5.40	6.01	4.43	4.97	4.48	3.58	2.24	2.93
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	376.04	-35.34	-13.28	-106.12	-25.92	5.27	8.76	13.48	25.04	63.97
Long-Term Debt to Equity	362.94	-33.99	-12.81	-105.63	-25.83	5.26	8.71	13.42	24.96	63.79
Financial Leverage	2.83	4.85	17.69	21.27	-35.50	6.86	27.89	22.97	526.58	7.02
Leverage Ratio	8.17	11.89	36.28	38.53	-60.77	14.63	50.93	38.62	841.42	14.22
Compound Leverage Factor	8.47	12.35	39.82	41.68	-67.84	16.07	57.22	45.01	1,008.59	18.17
Debt to Total Capital	99.73%	102.91%	108.15%	100.95%	104.01%	84.06%	89.75%	93.09%	96.16%	98.46%
Short-Term Debt to Total Capital	3.48%	3.93%	3.77%	0.46%	0.34%	0.28%	0.43%	0.39%	0.31%	0.27%
Long-Term Debt to Total Capital	96.26%	98.98%	104.38%	100.49%	103.67%	83.78%	89.32%	92.71%	95.85%	98.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	6.05%	6.21%	5.53%	4.93%	4.61%	3.70%	3.96%	4.00%	4.08%	3.85%
Common Equity to Total Capital	-5.79%	-9.12%	-13.68%	-5.89%	-8.62%	12.24%	6.29%	2.90%	-0.24%	-2.31%
Debt to EBITDA	-3.59	-3.89	-4.80	-4.68	-5.25	-5.02	-5.16	-6.47	-7.62	-12.21
Net Debt to EBITDA	-2.61	-3.05	-3.59	-3.70	-4.05	-2.95	-3.77	-5.29	-6.52	-9.40
Long-Term Debt to EBITDA	-3.47	-3.74	-4.64	-4.66	-5.24	-5.00	-5.14	-6.44	-7.60	-12.18
Debt to NOPAT	-3.70	-3.80	-4.51	-4.31	-4.65	-4.42	-4.34	-4.84	-5.06	-6.33
Net Debt to NOPAT	-2.69	-2.98	-3.37	-3.40	-3.58	-2.60	-3.17	-3.96	-4.33	-4.87
Long-Term Debt to NOPAT	-3.57	-3.66	-4.36	-4.29	-4.64	-4.41	-4.32	-4.82	-5.04	-6.31
Altman Z-Score	-0.65	-0.32	0.10	0.46	-0.06	0.66	0.31	-0.12	-0.74	-0.21
Noncontrolling Interest Sharing Ratio	34.61%	51.33%	153.13%	159.52%	-241.78%	52.07%	178.84%	130.53%	2,804.87%	42.47%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.14	1.84	2.09	2.16	2.25	2.86	2.39	2.22	2.32	2.73
Quick Ratio	1.25	1.04	1.25	1.16	1.26	1.86	1.37	1.08	1.02	1.45
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-70	-77	-72	-130	-133	-153	-173	-137	-132	-73
Operating Cash Flow to CapEx	-152.28%	-62.39%	-112.57%	-93.38%	-89.22%	-97.23%	-122.76%	-33.41%	-33.73%	532.81%
Free Cash Flow to Firm to Interest Expense	-54.20	-58.07	-18.61	-33.53	-29.80	-34.73	-32.38	-23.58	-20.07	-10.28
Operating Cash Flow to Interest Expense	-11.43	-6.32	-4.73	-4.59	-3.88	-5.66	-7.20	-1.96	-0.81	1.47
Operating Cash Flow Less CapEx to Interest Expense	-18.94	-16.46	-8.93	-9.51	-8.22	-11.49	-13.06	-7.82	-3.22	1.20
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.57	0.64	0.70	0.74	0.76	0.73	0.76	0.77	0.81	0.77
Accounts Receivable Turnover	7.56	6.88	7.57	8.12	7.81	7.27	6.77	7.51	8.01	7.86
Inventory Turnover	1.12	1.22	1.30	1.42	1.43	1.44	1.34	1.13	1.11	1.20
Fixed Asset Turnover	3.62	3.71	3.78	3.86	3.87	3.83	3.64	3.60	3.75	3.99
Accounts Payable Turnover	3.49	3.90	3.69	4.12	3.99	4.11	3.51	2.84	3.19	3.67
Days Sales Outstanding (DSO)	48.30	53.03	48.25	44.94	46.71	50.21	53.88	48.61	45.56	46.43
Days Inventory Outstanding (DIO)	324.59	299.33	280.68	256.51	255.40	252.83	273.20	323.07	327.46	304.11
Days Payable Outstanding (DPO)	104.73	93.69	98.99	88.50	91.57	88.81	103.99	128.71	114.46	99.36
Cash Conversion Cycle (CCC)	268.16	258.67	229.94	212.95	210.54	214.23	223.10	242.98	258.56	251.19
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	284	295	310	377	390	417	453	490	498	474
Invested Capital Turnover	1.22	1.30	1.35	1.28	1.34	1.35	1.34	1.25	1.29	1.37
Increase / (Decrease) in Invested Capital	45	53	44	96	106	122	143	112	108	57
Enterprise Value (EV)	1,221	1,627	2,102	2,536	1,994	2,399	2,295	1,934	1,280	1,790
Market Capitalization	915	1,297	1,733	2,131	1,561	2,060	1,880	1,462	781	1,301
Book Value per Share	($0.22)	($0.33)	($0.53)	($0.24)	($0.37)	$0.57	$0.27	$0.12	($0.01)	($0.10)
Tangible Book Value per Share	($1.34)	($1.57)	($1.69)	($1.74)	($1.81)	($0.71)	($0.95)	($1.10)	($1.24)	($1.26)
Total Capital	390	380	427	478	512	638	597	590	579	613
Total Debt	389	391	461	483	533	537	536	549	557	603
Total Long-Term Debt	375	376	445	481	531	535	533	547	555	602
Net Debt	283	306	345	382	410	316	391	449	476	465
Capital Expenditures (CapEx)	9.65	13	16	19	19	26	31	34	16	1.98
Debt-free, Cash-free Net Working Capital (DFCFNWC)	51	47	56	62	65	74	94	110	127	127
Debt-free Net Working Capital (DFNWC)	157	132	172	163	187	295	239	209	208	266
Net Working Capital (NWC)	143	117	156	161	186	294	236	207	206	264
Net Nonoperating Expense (NNE)	12	10	15	16	16	18	18	16	16	17
Net Nonoperating Obligations (NNO)	283	306	345	382	410	316	391	449	476	465
Total Depreciation and Amortization (D&A)	12	13	13	16	17	18	20	22	23	23
Debt-free, Cash-free Net Working Capital to Revenue	15.89%	13.40%	14.30%	14.72%	14.38%	15.42%	18.46%	20.29%	22.18%	20.80%
Debt-free Net Working Capital to Revenue	49.16%	37.54%	44.29%	38.67%	41.60%	61.24%	46.63%	38.77%	36.32%	43.50%
Net Working Capital to Revenue	44.91%	33.28%	40.16%	38.15%	41.20%	60.86%	46.13%	38.34%	36.00%	43.23%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.35)	($0.32)	($0.40)	($0.43)	($0.35)	($0.36)	($0.34)	($0.29)	($0.28)	($0.22)
Adjusted Weighted Average Basic Shares Outstanding	104.80M	103.37M	109.75M	118.72M	122.47M	121.24M	140.98M	142.69M	143.49M	142.95M
Adjusted Diluted Earnings per Share	($0.35)	($0.32)	($0.40)	($0.43)	($0.35)	($0.36)	($0.34)	($0.29)	($0.28)	($0.22)
Adjusted Weighted Average Diluted Shares Outstanding	104.80M	103.37M	109.75M	118.72M	122.47M	121.24M	140.98M	142.69M	143.49M	142.95M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	105.06M	111.11M	118.50M	120.32M	136.30M	137.98M	139.88M	140.46M	141.77M	144.15M
Normalized Net Operating Profit after Tax (NOPAT)	-24	-24	-28	-34	-27	-31	-30	-25	-23	-15
Normalized NOPAT Margin	-27.21%	-23.07%	-25.77%	-28.70%	-22.46%	-22.58%	-21.57%	-16.91%	-15.22%	-8.75%
Pre Tax Income Margin	-41.04%	-33.33%	-39.88%	-43.98%	-36.17%	-35.66%	-35.07%	-28.14%	-26.31%	-18.60%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-27.69	-25.57	-10.23	-12.21	-8.59	-10.14	-8.09	-6.04	-5.03	-3.60
NOPAT to Interest Expense	-19.05	-18.45	-7.29	-8.97	-6.02	-7.11	-5.68	-4.25	-3.59	-2.33
EBIT Less CapEx to Interest Expense	-35.20	-35.70	-14.43	-17.13	-12.94	-15.97	-13.96	-11.91	-7.44	-3.88
NOPAT Less CapEx to Interest Expense	-26.56	-28.58	-11.49	-13.89	-10.37	-12.93	-11.54	-10.11	-6.00	-2.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Alphatec's Financials

When does Alphatec's fiscal year end?

According to the most recent income statement we have on file, Alphatec's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Alphatec's net income changed over the last 10 years?

Alphatec's net income appears to be on an upward trend, with a most recent value of -$162.12 million in 2024, rising from -$12.88 million in 2014. The previous period was -$186.64 million in 2023. View Alphatec's forecast to see where analysts expect Alphatec to go next.

What is Alphatec's operating income?

Alphatec's total operating income in 2024 was -$136.17 million, based on the following breakdown:

Total Gross Profit: $424.26 million
Total Operating Expenses: $560.43 million

How has Alphatec revenue changed over the last 10 years?

Over the last 10 years, Alphatec's total revenue changed from $154.63 million in 2014 to $611.56 million in 2024, a change of 295.5%.

How much debt does Alphatec have?

Alphatec's total liabilities were at $766.28 million at the end of 2024, a 8.9% increase from 2023, and a 344.6% increase since 2014.

How much cash does Alphatec have?

In the past 10 years, Alphatec's cash and equivalents has ranged from $6.30 million in 2015 to $220.97 million in 2023, and is currently $138.84 million as of their latest financial filing in 2024.

How has Alphatec's book value per share changed over the last 10 years?

Over the last 10 years, Alphatec's book value per share changed from 1.52 in 2014 to -0.10 in 2024, a change of -106.6%.

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This page (NASDAQ:ATEC) was last updated on 5/4/2025 by MarketBeat.com Staff

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Alphatec (ATEC) Financials

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Alphatec (ATEC) Financials

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