Alector Deferred Long Term Liab vs Retained Earnings 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 Retained Earnings 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 Retained Earnings

Deferred Long Term Liab vs Retained Earnings 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 Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Alector's Deferred Long Term Liab and Retained Earnings is 0.91. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Retained Earnings 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 Retained Earnings 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 Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Deferred Long Term Liab i.e., Alector's Deferred Long Term Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Total Operating Expenses Cost Of Revenue

Alector fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Property Plant Equipment
Total Assets		0.69	0.62	0.85	0.86	0.87	0.89	-0.51	-0.89	0.82	0.74	0.92	0.8	0.89	0.98	-0.03	0.95	0.89	0.91	0.77	0.84	0.93	0.96	-0.33	1.0	0.79
Other Current Liab	0.69		0.96	0.49	0.91	0.59	0.56	-0.07	-0.92	0.68	0.34	0.6	0.95	0.92	0.68	-0.09	0.81	0.6	0.85	0.9	0.87	0.71	0.73	-0.85	0.69	0.74
Total Current Liabilities	0.62	0.96		0.46	0.88	0.56	0.55	0.04	-0.88	0.54	0.25	0.58	0.89	0.85	0.59	-0.04	0.71	0.49	0.82	0.86	0.79	0.62	0.66	-0.91	0.61	0.79
Total Stockholder Equity	0.85	0.49	0.46		0.59	0.98	0.95	-0.42	-0.76	0.78	0.68	0.95	0.54	0.67	0.86	-0.19	0.79	0.56	0.87	0.73	0.8	0.6	0.91	-0.2	0.83	0.73
Other Liab	0.86	0.91	0.88	0.59		0.66	0.67	-0.27	-0.94	0.72	0.52	0.71	0.95	0.95	0.82	0.05	0.86	0.82	0.88	0.82	0.85	0.9	0.82	-0.7	0.86	0.83
Net Tangible Assets	0.87	0.59	0.56	0.98	0.66		0.95	-0.38	-0.82	0.81	0.64	0.96	0.62	0.73	0.88	-0.19	0.84	0.56	0.91	0.78	0.84	0.64	0.95	-0.27	0.85	0.78
Property Plant And Equipment Net	0.89	0.56	0.55	0.95	0.67	0.95		-0.29	-0.81	0.66	0.58	1.0	0.62	0.75	0.89	-0.17	0.86	0.64	0.9	0.79	0.76	0.69	0.92	-0.28	0.87	0.86
Net Debt	-0.51	-0.07	0.04	-0.42	-0.27	-0.38	-0.29		0.21	-0.55	-0.93	-0.31	-0.26	-0.32	-0.54	0.12	-0.35	-0.55	-0.28	0.01	-0.3	-0.48	-0.4	-0.16	-0.52	-0.06
Retained Earnings	-0.89	-0.92	-0.88	-0.76	-0.94	-0.82	-0.81	0.21		-0.8	-0.51	-0.84	-0.93	-0.97	-0.88	0.15	-0.94	-0.72	-0.98	-0.95	-0.95	-0.82	-0.93	0.67	-0.88	-0.88
Accounts Payable	0.82	0.68	0.54	0.78	0.72	0.81	0.66	-0.55	-0.8		0.71	0.7	0.7	0.76	0.82	-0.11	0.8	0.64	0.82	0.7	0.92	0.7	0.88	-0.29	0.82	0.52
Cash	0.74	0.34	0.25	0.68	0.52	0.64	0.58	-0.93	-0.51	0.71		0.6	0.5	0.58	0.76	-0.16	0.6	0.69	0.59	0.31	0.57	0.65	0.66	-0.09	0.74	0.38
Non Current Assets Total	0.92	0.6	0.58	0.95	0.71	0.96	1.0	-0.31	-0.84	0.7	0.6		0.67	0.78	0.91	-0.18	0.89	0.67	0.91	0.81	0.79	0.73	0.94	-0.3	0.9	0.87
Non Currrent Assets Other	0.8	0.95	0.89	0.54	0.95	0.62	0.62	-0.26	-0.93	0.7	0.5	0.67		0.98	0.81	-0.19	0.89	0.77	0.86	0.85	0.85	0.85	0.8	-0.75	0.81	0.77
Other Assets	0.89	0.92	0.85	0.67	0.95	0.73	0.75	-0.32	-0.97	0.76	0.58	0.78	0.98		0.9	-0.2	0.95	0.82	0.93	0.88	0.89	0.89	0.88	-0.67	0.89	0.83
Cash And Short Term Investments	0.98	0.68	0.59	0.86	0.82	0.88	0.89	-0.54	-0.88	0.82	0.76	0.91	0.81	0.9		-0.2	0.96	0.87	0.9	0.77	0.84	0.9	0.96	-0.31	0.98	0.79
Net Receivables	-0.03	-0.09	-0.04	-0.19	0.05	-0.19	-0.17	0.12	0.15	-0.11	-0.16	-0.18	-0.19	-0.2	-0.2		-0.2	0.11	-0.17	-0.17	-0.14	0.09	-0.17	0.1	-0.01	-0.17
Common Stock Shares Outstanding	0.95	0.81	0.71	0.79	0.86	0.84	0.86	-0.35	-0.94	0.8	0.6	0.89	0.89	0.95	0.96	-0.2		0.83	0.93	0.89	0.88	0.89	0.96	-0.45	0.94	0.8
Non Current Liabilities Total	0.89	0.6	0.49	0.56	0.82	0.56	0.64	-0.55	-0.72	0.64	0.69	0.67	0.77	0.82	0.87	0.11	0.83		0.69	0.56	0.63	0.98	0.75	-0.27	0.91	0.61
Capital Surpluse	0.91	0.85	0.82	0.87	0.88	0.91	0.9	-0.28	-0.98	0.82	0.59	0.91	0.86	0.93	0.9	-0.17	0.93	0.69		0.94	0.95	0.78	0.95	-0.6	0.9	0.89
Other Current Assets	0.77	0.9	0.86	0.73	0.82	0.78	0.79	0.01	-0.95	0.7	0.31	0.81	0.85	0.88	0.77	-0.17	0.89	0.56	0.94		0.91	0.67	0.86	-0.68	0.76	0.83
Other Stockholder Equity	0.84	0.87	0.79	0.8	0.85	0.84	0.76	-0.3	-0.95	0.92	0.57	0.79	0.85	0.89	0.84	-0.14	0.88	0.63	0.95	0.91		0.72	0.91	-0.59	0.84	0.74
Total Liab	0.93	0.71	0.62	0.6	0.9	0.64	0.69	-0.48	-0.82	0.7	0.65	0.73	0.85	0.89	0.9	0.09	0.89	0.98	0.78	0.67	0.72		0.83	-0.36	0.94	0.7
Property Plant And Equipment Gross	0.96	0.73	0.66	0.91	0.82	0.95	0.92	-0.4	-0.93	0.88	0.66	0.94	0.8	0.88	0.96	-0.17	0.96	0.75	0.95	0.86	0.91	0.83		-0.36	0.95	0.81
Preferred Stock Total Equity	-0.33	-0.85	-0.91	-0.2	-0.7	-0.27	-0.28	-0.16	0.67	-0.29	-0.09	-0.3	-0.75	-0.67	-0.31	0.1	-0.45	-0.27	-0.6	-0.68	-0.59	-0.36	-0.36		-0.33	-0.62
Total Current Assets	1.0	0.69	0.61	0.83	0.86	0.85	0.87	-0.52	-0.88	0.82	0.74	0.9	0.81	0.89	0.98	-0.01	0.94	0.91	0.9	0.76	0.84	0.94	0.95	-0.33		0.78
Property Plant Equipment	0.79	0.74	0.79	0.73	0.83	0.78	0.86	-0.06	-0.88	0.52	0.38	0.87	0.77	0.83	0.79	-0.17	0.8	0.61	0.89	0.83	0.74	0.7	0.81	-0.62	0.78

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Alector Account Relationship Matchups

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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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:

How To Invest In Alector

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Is Alector Stock a good investment?

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What is Alector's Net Worth?

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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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.

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Alector Deferred Long Term Liab vs Retained Earnings Analysis

Deferred Long Term Liab vs Retained Earnings

Deferred Long Term Liab vs Retained Earnings Correlation Analysis

Correlation Coefficient

Deferred Long Term Liab

Retained Earnings

Alector fundamental ratios Correlations

Alector Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alector fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Other Assets	+ 0.98	Non Currrent Assets Other
Total Current Assets	+ 0.98	Cash And Short Term Investments

Capital Surpluse	- 0.98	Retained Earnings
Other Assets	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Other Current Assets	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Other Liab