Alight Debt Equity Ratio from 2010 to 2024

ALIT Stock  USD 8.09  0.11  1.38%   
Alight Debt Equity Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Equity Ratio will likely drop to 0.59 in 2024. From the period from 2010 to 2024, Alight Debt Equity Ratio quarterly data regression had r-value of (0.59) and coefficient of variation of  52.96. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.6261766
Current Value
0.59
Quarterly Volatility
1.71127335
 
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 Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Alight Inc over the last few years. It is Alight's Debt Equity Ratio 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.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Alight Debt Equity Ratio Regression Statistics

Arithmetic Mean3.23
Geometric Mean2.51
Coefficient Of Variation52.96
Mean Deviation1.38
Median3.88
Standard Deviation1.71
Sample Variance2.93
Range5.3807
R-Value(0.59)
Mean Square Error2.06
R-Squared0.35
Significance0.02
Slope(0.23)
Total Sum of Squares41.00

Alight Debt Equity Ratio History

2024 0.59
2023 0.63
2022 0.64
2021 0.69
2020 5.97
2019 4.75
2018 4.19

About Alight Financial Statements

Alight shareholders use historical fundamental indicators, such as Debt Equity Ratio, 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
Debt Equity Ratio 0.63  0.59 

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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.