Alector Deferred Long Term Liab vs Property Plant Equipment Analysis
ALEC Stock | USD 4.10 0.34 9.04% |
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 Deferred Long Term Liab and its Property Plant Equipment 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.
Deferred Long Term Liab vs Property Plant Equipment
Deferred Long Term Liab vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alector Deferred Long Term Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Alector's Deferred Long Term Liab and Property Plant Equipment is -0.92. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Alector, assuming nothing else is changed. The correlation between historical values of Alector's Deferred Long Term Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Alector are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Deferred Long Term Liab i.e., Alector's Deferred Long Term Liab and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Property Plant Equipment
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 Expenses | 244.4M | 271.5M | 248.8M | 172.4M | Cost Of Revenue | 189.4M | 8.5M | 192.1M | 105.1M |
Alector fundamental ratios Correlations
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Alector Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alector fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 421.9M | 488.3M | 814.7M | 787.6M | 621.8M | 513.3M | |
Other Current Liab | (5.2M) | 26.2M | 28.4M | 33.3M | 74.3M | 78.0M | |
Total Current Liabilities | 31.8M | 44.2M | 48.2M | 45.6M | 177.9M | 186.8M | |
Total Stockholder Equity | 194.7M | 267.5M | 300.7M | 214.4M | 134.2M | 128.9M | |
Other Liab | 123.7M | 108.9M | 334.6M | 444.1M | 510.7M | 536.3M | |
Net Tangible Assets | 194.7M | 267.5M | 300.7M | 214.4M | 246.6M | 126.2M | |
Property Plant And Equipment Net | 62.3M | 62.7M | 57.9M | 53.3M | 47.1M | 41.2M | |
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 Payable | 278K | 3.0M | 4.7M | 4.2M | 3.8M | 2.5M | |
Cash | 89.6M | 50.0M | 329.2M | 154.3M | 74.6M | 116.4M | |
Non Current Assets Total | 64.5M | 66.7M | 64.9M | 61.2M | 56.0M | 46.0M | |
Non Currrent Assets Other | 676K | 2.6M | 5.6M | 6.4M | 9.0M | 9.4M | |
Other Assets | 2.1M | 4.1M | 7.0M | 7.9M | 9.1M | 9.5M | |
Cash And Short Term Investments | 353.1M | 413.3M | 735.3M | 712.9M | 548.9M | 431.3M | |
Net Receivables | 200.2M | 0.0 | 7.4M | 2.6M | 2.3M | 2.2M | |
Common Stock Shares Outstanding | 61.7M | 77.8M | 80.4M | 82.5M | 83.7M | 76.6M | |
Liabilities And Stockholders Equity | 421.9M | 488.3M | 814.7M | 787.6M | 621.8M | 513.3M | |
Non Current Liabilities Total | 195.4M | 176.5M | 465.7M | 527.6M | 309.7M | 330.8M | |
Capital Surpluse | 17.1M | 414.4M | 677.0M | 748.0M | 860.2M | 903.3M | |
Other Current Assets | 4.4M | 16.4M | 7.1M | 11.0M | 16.9M | 17.8M | |
Other Stockholder Equity | (7.5M) | 677.0M | 748.0M | 798.7M | 844.0M | 886.2M | |
Total Liab | 227.2M | 220.7M | 513.9M | 573.2M | 487.7M | 384.4M | |
Property Plant And Equipment Gross | 33.9M | 62.7M | 75.2M | 75.9M | 75.1M | 46.6M | |
Total Current Assets | 357.4M | 421.5M | 749.7M | 726.4M | 565.8M | 467.3M | |
Accumulated Other Comprehensive Income | 142K | 614K | (943K) | (4.6M) | 184K | 193.2K | |
Property Plant Equipment | 62.3M | 30.2M | 27.3M | 53.3M | 61.3M | 64.4M | |
Current Deferred Revenue | 30.2M | 23.9M | 90.8M | 48.2M | 83.0M | 51.8M | |
Net Invested Capital | 194.7M | 267.5M | 300.7M | 214.4M | 134.2M | 151.2M | |
Non Current Liabilities Other | 493K | 152.6M | 374.4M | 759K | 1.4M | 1.3M | |
Net Working Capital | 295.5M | 353.4M | 610.2M | 632.6M | 387.9M | 429.1M | |
Short Term Investments | 263.4M | 363.3M | 406.1M | 558.5M | 474.3M | 420.0M | |
Short Term Debt | 6.6M | 15.0M | 15.6M | 8.1M | 16.9M | 12.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global 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.