Alight Debt Ratio from 2010 to 2024

ALIT Stock  USD 8.09  0.11  1.38%   
Alight Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Alight Debt Ratio quarterly data regression had r-value of (0.59) and coefficient of variation of  25.41. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.2591356
Current Value
0.48
Quarterly Volatility
0.12568504
 
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 Ratio Growth Pattern

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

Alight Debt Ratio Regression Statistics

Arithmetic Mean0.49
Geometric Mean0.47
Coefficient Of Variation25.41
Mean Deviation0.1
Median0.55
Standard Deviation0.13
Sample Variance0.02
Range0.3519
R-Value(0.59)
Mean Square Error0.01
R-Squared0.35
Significance0.02
Slope(0.02)
Total Sum of Squares0.22

Alight Debt Ratio History

2024 0.48
2022 0.25
2021 0.26
2020 0.59
2019 0.58
2018 0.6

Other Fundumenentals of Alight Inc

Alight Debt Ratio component correlations

0.99-0.03-0.88-0.99-0.740.77-0.960.11.00.68-0.981.0-0.020.960.820.030.99-0.54-0.940.99-0.57
0.99-0.09-0.83-0.98-0.720.75-0.960.170.990.59-0.990.99-0.070.930.8-0.020.98-0.5-0.941.0-0.54
-0.03-0.09-0.420.08-0.19-0.080.2-0.27-0.070.450.19-0.030.40.230.440.41-0.16-0.050.27-0.07-0.04
-0.88-0.83-0.420.870.78-0.670.80.04-0.86-0.90.77-0.87-0.13-0.96-0.92-0.18-0.810.610.74-0.830.63
-0.99-0.980.080.870.78-0.760.99-0.14-0.99-0.720.97-0.990.1-0.94-0.80.05-0.980.640.96-0.970.67
-0.74-0.72-0.190.780.78-0.640.79-0.51-0.73-0.770.66-0.770.46-0.81-0.880.42-0.640.90.68-0.760.92
0.770.75-0.08-0.67-0.76-0.64-0.80.420.760.63-0.690.78-0.370.80.67-0.310.71-0.55-0.610.74-0.6
-0.96-0.960.20.80.990.79-0.8-0.25-0.97-0.680.95-0.970.23-0.89-0.740.18-0.960.690.96-0.950.71
0.10.17-0.270.04-0.14-0.510.42-0.250.11-0.01-0.110.17-0.950.140.27-0.950.03-0.49-0.070.21-0.52
1.00.99-0.07-0.86-0.99-0.730.76-0.970.110.66-0.981.0-0.030.940.80.020.99-0.54-0.950.99-0.57
0.680.590.45-0.9-0.72-0.770.63-0.68-0.010.66-0.530.680.00.80.770.040.59-0.78-0.570.6-0.77
-0.98-0.990.190.770.970.66-0.690.95-0.11-0.98-0.53-0.980.03-0.88-0.72-0.01-0.990.470.97-0.980.5
1.00.99-0.03-0.87-0.99-0.770.78-0.970.171.00.68-0.98-0.080.960.84-0.030.98-0.58-0.940.99-0.61
-0.02-0.070.4-0.130.10.46-0.370.23-0.95-0.030.00.03-0.08-0.02-0.111.00.030.560.06-0.10.58
0.960.930.23-0.96-0.94-0.810.8-0.890.140.940.8-0.880.96-0.020.940.030.89-0.6-0.810.94-0.63
0.820.80.44-0.92-0.8-0.880.67-0.740.270.80.77-0.720.84-0.110.94-0.060.71-0.62-0.640.83-0.65
0.03-0.020.41-0.180.050.42-0.310.18-0.950.020.04-0.01-0.031.00.03-0.060.080.530.02-0.050.55
0.990.98-0.16-0.81-0.98-0.640.71-0.960.030.990.59-0.990.980.030.890.710.08-0.47-0.970.97-0.5
-0.54-0.5-0.050.610.640.9-0.550.69-0.49-0.54-0.780.47-0.580.56-0.6-0.620.53-0.470.57-0.531.0
-0.94-0.940.270.740.960.68-0.610.96-0.07-0.95-0.570.97-0.940.06-0.81-0.640.02-0.970.57-0.930.58
0.991.0-0.07-0.83-0.97-0.760.74-0.950.210.990.6-0.980.99-0.10.940.83-0.050.97-0.53-0.93-0.57
-0.57-0.54-0.040.630.670.92-0.60.71-0.52-0.57-0.770.5-0.610.58-0.63-0.650.55-0.51.00.58-0.57
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About Alight Financial Statements

Alight shareholders use historical fundamental indicators, such as Debt 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 Ratio 0.26  0.48 
Cash Flow To Debt Ratio 0.14  0.15 

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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.