Alight Historical Income Statement

ALIT Stock  USD 7.88  0.13  1.68%   
Historical analysis of Alight income statement accounts such as Depreciation And Amortization of 361.2 M, Interest Expense of 146.5 M or Selling General Administrative of 605 M can show how well Alight Inc performed in making a profits. Evaluating Alight income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alight's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Alight Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alight Inc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alight Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Alight Income Statement Analysis

Alight Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alight shareholders. The income statement also shows Alight investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Alight Income Statement Chart

At this time, Alight's Tax Provision is comparatively stable compared to the past year. Interest Expense is likely to gain to about 146.5 M in 2024, whereas Net Interest Income is likely to drop (139.7 M) in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Alight Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Alight Inc minus its cost of goods sold. It is profit before Alight operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Alight's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alight Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Alight Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Alight's Tax Provision is comparatively stable compared to the past year. Interest Expense is likely to gain to about 146.5 M in 2024, whereas Net Interest Income is likely to drop (139.7 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense180M122M131M146.5M
Depreciation And Amortization354M395M421M361.2M

Alight income statement Correlations

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0.730.84-0.920.950.840.410.83-0.71-0.66-0.58-0.430.860.580.9-0.610.16-0.62-0.15-0.52
0.740.84-0.830.930.990.570.98-0.83-0.82-0.160.010.980.740.98-0.760.06-0.77-0.37-0.56
-0.79-0.92-0.83-0.9-0.85-0.7-0.870.850.720.620.48-0.78-0.81-0.830.69-0.280.710.220.6
0.760.950.93-0.90.930.530.93-0.79-0.77-0.43-0.270.920.720.96-0.720.07-0.73-0.29-0.51
0.820.840.99-0.850.930.650.99-0.88-0.86-0.26-0.090.970.790.96-0.82-0.01-0.84-0.46-0.65
0.730.410.57-0.70.530.650.71-0.81-0.69-0.4-0.310.450.950.47-0.710.09-0.73-0.52-0.62
0.810.830.98-0.870.930.990.71-0.89-0.86-0.27-0.10.940.840.95-0.820.04-0.84-0.45-0.63
-0.93-0.71-0.830.85-0.79-0.88-0.81-0.890.960.360.21-0.77-0.87-0.760.950.10.960.660.85
-0.93-0.66-0.820.72-0.77-0.86-0.69-0.860.960.230.08-0.8-0.76-0.750.990.350.990.790.87
-0.54-0.58-0.160.62-0.43-0.26-0.4-0.270.360.230.98-0.17-0.35-0.250.28-0.090.290.080.41
-0.41-0.430.010.48-0.27-0.09-0.31-0.10.210.080.980.0-0.23-0.080.14-0.090.140.00.3
0.730.860.98-0.780.920.970.450.94-0.77-0.8-0.170.00.620.99-0.74-0.04-0.75-0.38-0.57
0.740.580.74-0.810.720.790.950.84-0.87-0.76-0.35-0.230.620.66-0.750.17-0.77-0.45-0.56
0.710.90.98-0.830.960.960.470.95-0.76-0.75-0.25-0.080.990.66-0.690.07-0.7-0.28-0.49
-0.95-0.61-0.760.69-0.72-0.82-0.71-0.820.950.990.280.14-0.74-0.75-0.690.411.00.850.9
-0.320.160.06-0.280.07-0.010.090.040.10.35-0.09-0.09-0.040.170.070.410.370.770.43
-0.95-0.62-0.770.71-0.73-0.84-0.73-0.840.960.990.290.14-0.75-0.77-0.71.00.370.830.9
-0.75-0.15-0.370.22-0.29-0.46-0.52-0.450.660.790.080.0-0.38-0.45-0.280.850.770.830.81
-0.93-0.52-0.560.6-0.51-0.65-0.62-0.630.850.870.410.3-0.57-0.56-0.490.90.430.90.81
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Alight Account Relationship Matchups

Alight income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization250M321M354M395M421M361.2M
Interest Expense224M234M180M122M131M146.5M
Total Revenue2.6B2.7B2.9B3.1B3.4B3.1B
Gross Profit883M834M693M996M1.1B989.5M
Other Operating Expenses2.3B2.6B2.7B3.1B3.5B3.0B
Operating Income265M147M194M43M(101M)(96.0M)
Ebit265M1.6B127M(14M)(235M)(223.3M)
Ebitda515M2.0B481M381M186M176.7M
Cost Of Revenue1.7B1.9B2.2B2.1B2.3B2.1B
Total Operating Expenses618M687M499M1.0B1.2B862.0M
Income Before Tax38M(94M)(53M)(41M)(366M)(347.7M)
Total Other Income Expense Net(227M)(241M)(247M)(27M)(265M)(278.3M)
Net Income22M(103M)(60M)(72M)(345M)(327.8M)
Income Tax Expense16M9M20M31M(4M)(3.8M)

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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.