Alector Change In Cash vs Begin Period Cash Flow Analysis

ALEC Stock  USD 2.55  0.02  0.78%   
Alector financial indicator trend analysis is way more than just evaluating Alector prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alector is a good investment. Please check the relationship between Alector Change In Cash and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

Change In Cash vs Begin Period Cash Flow

Change In Cash vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alector Change In Cash account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alector's Change In Cash and Begin Period Cash Flow is -0.62. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Alector, assuming nothing else is changed. The correlation between historical values of Alector's Change In Cash and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Alector are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change In Cash i.e., Alector's Change In Cash and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Change In Cash

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Alector's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alector current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.At present, Alector's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Operating Expenses244.4M271.5M248.8M172.4M
Cost Of Revenue189.4M8.5M192.1M105.1M

Alector fundamental ratios Correlations

0.690.620.850.860.870.89-0.51-0.890.820.740.920.80.890.98-0.030.950.890.910.770.840.930.96-0.331.00.79
0.690.960.490.910.590.56-0.07-0.920.680.340.60.950.920.68-0.090.810.60.850.90.870.710.73-0.850.690.74
0.620.960.460.880.560.550.04-0.880.540.250.580.890.850.59-0.040.710.490.820.860.790.620.66-0.910.610.79
0.850.490.460.590.980.95-0.42-0.760.780.680.950.540.670.86-0.190.790.560.870.730.80.60.91-0.20.830.73
0.860.910.880.590.660.67-0.27-0.940.720.520.710.950.950.820.050.860.820.880.820.850.90.82-0.70.860.83
0.870.590.560.980.660.95-0.38-0.820.810.640.960.620.730.88-0.190.840.560.910.780.840.640.95-0.270.850.78
0.890.560.550.950.670.95-0.29-0.810.660.581.00.620.750.89-0.170.860.640.90.790.760.690.92-0.280.870.86
-0.51-0.070.04-0.42-0.27-0.38-0.290.21-0.55-0.93-0.31-0.26-0.32-0.540.12-0.35-0.55-0.280.01-0.3-0.48-0.4-0.16-0.52-0.06
-0.89-0.92-0.88-0.76-0.94-0.82-0.810.21-0.8-0.51-0.84-0.93-0.97-0.880.15-0.94-0.72-0.98-0.95-0.95-0.82-0.930.67-0.88-0.88
0.820.680.540.780.720.810.66-0.55-0.80.710.70.70.760.82-0.110.80.640.820.70.920.70.88-0.290.820.52
0.740.340.250.680.520.640.58-0.93-0.510.710.60.50.580.76-0.160.60.690.590.310.570.650.66-0.090.740.38
0.920.60.580.950.710.961.0-0.31-0.840.70.60.670.780.91-0.180.890.670.910.810.790.730.94-0.30.90.87
0.80.950.890.540.950.620.62-0.26-0.930.70.50.670.980.81-0.190.890.770.860.850.850.850.8-0.750.810.77
0.890.920.850.670.950.730.75-0.32-0.970.760.580.780.980.9-0.20.950.820.930.880.890.890.88-0.670.890.83
0.980.680.590.860.820.880.89-0.54-0.880.820.760.910.810.9-0.20.960.870.90.770.840.90.96-0.310.980.79
-0.03-0.09-0.04-0.190.05-0.19-0.170.120.15-0.11-0.16-0.18-0.19-0.2-0.2-0.20.11-0.17-0.17-0.140.09-0.170.1-0.01-0.17
0.950.810.710.790.860.840.86-0.35-0.940.80.60.890.890.950.96-0.20.830.930.890.880.890.96-0.450.940.8
0.890.60.490.560.820.560.64-0.55-0.720.640.690.670.770.820.870.110.830.690.560.630.980.75-0.270.910.61
0.910.850.820.870.880.910.9-0.28-0.980.820.590.910.860.930.9-0.170.930.690.940.950.780.95-0.60.90.89
0.770.90.860.730.820.780.790.01-0.950.70.310.810.850.880.77-0.170.890.560.940.910.670.86-0.680.760.83
0.840.870.790.80.850.840.76-0.3-0.950.920.570.790.850.890.84-0.140.880.630.950.910.720.91-0.590.840.74
0.930.710.620.60.90.640.69-0.48-0.820.70.650.730.850.890.90.090.890.980.780.670.720.83-0.360.940.7
0.960.730.660.910.820.950.92-0.4-0.930.880.660.940.80.880.96-0.170.960.750.950.860.910.83-0.360.950.81
-0.33-0.85-0.91-0.2-0.7-0.27-0.28-0.160.67-0.29-0.09-0.3-0.75-0.67-0.310.1-0.45-0.27-0.6-0.68-0.59-0.36-0.36-0.33-0.62
1.00.690.610.830.860.850.87-0.52-0.880.820.740.90.810.890.98-0.010.940.910.90.760.840.940.95-0.330.78
0.790.740.790.730.830.780.86-0.06-0.880.520.380.870.770.830.79-0.170.80.610.890.830.740.70.81-0.620.78
Click cells to compare fundamentals

Alector Account Relationship Matchups

Alector fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets421.9M488.3M814.7M787.6M621.8M513.3M
Other Current Liab(5.2M)26.2M28.4M33.3M74.3M78.0M
Total Current Liabilities31.8M44.2M48.2M45.6M177.9M186.8M
Total Stockholder Equity194.7M267.5M300.7M214.4M134.2M128.9M
Other Liab123.7M108.9M334.6M444.1M510.7M536.3M
Net Tangible Assets194.7M267.5M300.7M214.4M246.6M126.2M
Property Plant And Equipment Net62.3M62.7M57.9M53.3M47.1M41.2M
Net Debt(41.6M)1.3M(281.6M)(111.0M)(35.6M)(37.4M)
Retained Earnings(219.8M)(410.0M)(446.4M)(579.7M)(710.1M)(674.6M)
Accounts Payable278K3.0M4.7M4.2M3.8M2.5M
Cash89.6M50.0M329.2M154.3M74.6M116.4M
Non Current Assets Total64.5M66.7M64.9M61.2M56.0M46.0M
Non Currrent Assets Other676K2.6M5.6M6.4M9.0M9.4M
Other Assets2.1M4.1M7.0M7.9M9.1M9.5M
Cash And Short Term Investments353.1M413.3M735.3M712.9M548.9M431.3M
Net Receivables200.2M0.07.4M2.6M2.3M2.2M
Common Stock Shares Outstanding61.7M77.8M80.4M82.5M83.7M76.6M
Liabilities And Stockholders Equity421.9M488.3M814.7M787.6M621.8M513.3M
Non Current Liabilities Total195.4M176.5M465.7M527.6M309.7M330.8M
Capital Surpluse17.1M414.4M677.0M748.0M860.2M903.3M
Other Current Assets4.4M16.4M7.1M11.0M16.9M17.8M
Other Stockholder Equity(7.5M)677.0M748.0M798.7M844.0M886.2M
Total Liab227.2M220.7M513.9M573.2M487.7M384.4M
Property Plant And Equipment Gross33.9M62.7M75.2M75.9M75.1M46.6M
Total Current Assets357.4M421.5M749.7M726.4M565.8M467.3M
Accumulated Other Comprehensive Income142K614K(943K)(4.6M)184K193.2K
Property Plant Equipment62.3M30.2M27.3M53.3M61.3M64.4M
Current Deferred Revenue30.2M23.9M90.8M48.2M83.0M51.8M
Net Invested Capital194.7M267.5M300.7M214.4M134.2M151.2M
Non Current Liabilities Other493K152.6M374.4M759K1.4M1.3M
Net Working Capital295.5M353.4M610.2M632.6M387.9M429.1M
Short Term Investments263.4M363.3M406.1M558.5M474.3M420.0M
Short Term Debt6.6M15.0M15.6M8.1M16.9M12.9M

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alector listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(1.71)
Revenue Per Share
0.661
Quarterly Revenue Growth
0.684
Return On Assets
(0.19)
The market value of Alector is measured differently than its book value, which is the value of Alector that is recorded on the company's balance sheet. Investors also form their own opinion of Alector's value that differs from its market value or its book value, called intrinsic value, which is Alector's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alector's market value can be influenced by many factors that don't directly affect Alector's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.