Alector Net Tangible Assets from 2010 to 2026

ALEC Stock  USD 1.93  0.06  3.02%   
Alector's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 126.2 M. Net Tangible Assets is the total assets of Alector minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2017-12-31
Previous Quarter
183 M
Current Value
196.3 M
Quarterly Volatility
150 M
 
Covid
 
Interest Hikes
Check Alector financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alector's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6 M, Interest Expense of 19.6 M or Selling General Administrative of 42.4 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.0 or PTB Ratio of 1.36. Alector financial statements analysis is a perfect complement when working with Alector Valuation or Volatility modules.
  
Build AI portfolio with Alector Stock
Check out the analysis of Alector Correlation against competitors.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.
Analyzing Alector's Net Tangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Tangible Assets has evolved provides context for assessing Alector's current valuation and future prospects.

Latest Alector's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Alector over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Alector's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alector's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Alector Net Tangible Assets Regression Statistics

Arithmetic Mean85,608,993
Coefficient Of Variation161.69
Mean Deviation128,736,581
Median(24,907,000)
Standard Deviation138,423,193
Sample Variance19161T
Range398.1M
R-Value0.76
Mean Square Error8609.9T
R-Squared0.58
Significance0.0004
Slope20,853,563
Total Sum of Squares306575.7T

Alector Net Tangible Assets History

2026126.2 M
2025246.6 M
2022214.4 M
2021300.7 M
2020267.5 M
2019194.7 M
2018-97.4 M

About Alector Financial Statements

Alector stakeholders use historical fundamental indicators, such as Alector's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Alector investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alector's assets and liabilities are reflected in the revenues and expenses on Alector's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alector. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets246.6 M126.2 M

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When determining whether Alector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alector's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alector Stock:
Check out the analysis of Alector Correlation against competitors.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.
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.
Will Biotechnology sector continue expanding? Could Alector diversify its offerings? Factors like these will boost the valuation of Alector. If investors know Alector will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Alector data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.86)
Earnings Share
(1.06)
Revenue Per Share
0.689
Quarterly Revenue Growth
(0.79)
Return On Assets
(0.18)
Investors evaluate Alector using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Alector's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Alector's market price to deviate significantly from intrinsic value.
Understanding that Alector's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alector represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Alector's market price signifies the transaction level at which participants voluntarily complete trades.