Alight Fixed Asset Turnover from 2010 to 2024

ALIT Stock  USD 8.09  0.11  1.38%   
Alight Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Alight Fixed Asset Turnover quarterly data regression had r-value of (0.74) and coefficient of variation of  29.28. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.76765376
Current Value
10.6
Quarterly Volatility
3.60653661
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alight financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alight's main balance sheet or income statement drivers, such as Tax Provision of 89.2 M, Depreciation And Amortization of 361.2 M or Interest Expense of 146.5 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0023 or PTB Ratio of 0.89. Alight financial statements analysis is a perfect complement when working with Alight Valuation or Volatility modules.
  
Check out the analysis of Alight Correlation against competitors.

Latest Alight's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Alight Inc over the last few years. It is Alight's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alight's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Alight Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.32
Geometric Mean11.72
Coefficient Of Variation29.28
Mean Deviation3.12
Median15.24
Standard Deviation3.61
Sample Variance13.01
Range9.3464
R-Value(0.74)
Mean Square Error6.32
R-Squared0.55
Significance0
Slope(0.60)
Total Sum of Squares182.10

Alight Fixed Asset Turnover History

2024 10.6
2023 7.77
2022 9.79
2021 12.35
2020 5.89
2019 6.11
2018 10.34

About Alight Financial Statements

Alight shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Alight investors may analyze each financial statement separately, they are all interrelated. The changes in Alight's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alight's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.77  10.60 

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Additional Tools for Alight Stock Analysis

When running Alight's price analysis, check to measure Alight's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alight is operating at the current time. Most of Alight's value examination focuses on studying past and present price action to predict the probability of Alight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alight's price. Additionally, you may evaluate how the addition of Alight to your portfolios can decrease your overall portfolio volatility.