Alight Net Debt from 2010 to 2024

ALIT Stock  USD 8.09  0.11  1.38%   
Alight Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt will likely drop to about 2.5 B in 2024. Net Debt is the total debt of Alight Inc minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
2.6 B
Current Value
2.5 B
Quarterly Volatility
605.7 M
 
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 Net Debt Growth Pattern

Below is the plot of the Net Debt of Alight Inc over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Alight's Net Debt 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.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Alight Net Debt Regression Statistics

Arithmetic Mean3,489,733,333
Geometric Mean3,433,424,355
Coefficient Of Variation17.36
Mean Deviation517,057,778
Median3,841,000,000
Standard Deviation605,716,986
Sample Variance366893.1T
Range1.4B
R-Value(0.77)
Mean Square Error162683.3T
R-Squared0.59
Significance0.0008
Slope(103,882,143)
Total Sum of Squares5136502.9T

Alight Net Debt History

20242.5 B
20232.6 B
20222.6 B
20212.5 B
20203.9 B

Other Fundumenentals of Alight Inc

Alight Net Debt 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
Click cells to compare fundamentals

About Alight Financial Statements

Alight shareholders use historical fundamental indicators, such as Net Debt, 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
Net Debt2.6 B2.5 B
Net Debt To EBITDA 13.76  14.45 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.