Alight Net Income Per Share vs Book Value Per Share Analysis

ALIT Stock

USD 7.99 0.03 0.37%

Alight financial indicator trend analysis is way more than just evaluating Alight Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alight Inc is a good investment. Please check the relationship between Alight Net Income Per Share and its Book Value Per Share accounts. 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.

Net Income Per Share vs Book Value Per Share

Net Income Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alight Inc Net Income Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have totally related.

The correlation between Alight's Net Income Per Share and Book Value Per Share is 1.0. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Alight Inc, assuming nothing else is changed. The correlation between historical values of Alight's Net Income Per Share and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Alight Inc are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Net Income Per Share i.e., Alight's Net Income Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income Per Share

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Alight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. Enterprise Value Over EBITDA is likely to gain to 38.02 in 2024, whereas Selling General Administrative is likely to drop slightly above 605 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	180M	122M	131M	146.5M
Depreciation And Amortization	354M	395M	421M	361.2M

Interest Expense Depreciation And Amortization

Alight fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.21	-0.37	0.01	0.05	0.28	-0.31	-0.96	-0.32	0.25	-0.26	-0.06	0.26	-0.66	0.27	0.26	-0.47	-0.38	-0.66	0.47	0.24	-0.39	-0.37	-0.24	-0.13	0.15
Total Assets	0.21		-0.97	0.98	0.98	0.99	0.85	-0.03	-0.73	-0.88	-0.99	-0.74	0.77	0.5	1.0	0.99	-0.47	-0.96	0.5	0.1	1.0	-0.79	-0.82	-0.2	0.94	0.99
Short Long Term Debt Total	-0.37	-0.97		-0.92	-0.93	-0.96	-0.74	0.2	0.78	0.8	0.99	0.75	-0.8	-0.37	-0.98	-0.96	0.59	1.0	-0.37	-0.21	-0.98	0.9	0.85	0.32	-0.85	-0.94
Other Current Liab	0.01	0.98	-0.92		1.0	0.96	0.93	0.18	-0.64	-0.95	-0.96	-0.77	0.77	0.64	0.96	0.96	-0.41	-0.91	0.64	0.07	0.97	-0.74	-0.79	-0.19	0.99	0.98
Total Current Liabilities	0.05	0.98	-0.93	1.0		0.96	0.9	0.14	-0.66	-0.94	-0.96	-0.77	0.82	0.59	0.96	0.96	-0.44	-0.93	0.59	0.11	0.97	-0.78	-0.81	-0.2	0.98	0.98
Total Stockholder Equity	0.28	0.99	-0.96	0.96	0.96		0.81	-0.09	-0.69	-0.83	-0.98	-0.72	0.75	0.43	0.99	1.0	-0.49	-0.96	0.43	0.17	0.99	-0.76	-0.84	-0.21	0.91	0.99
Other Liab	-0.31	0.85	-0.74	0.93	0.9	0.81		0.47	-0.52	-0.97	-0.82	-0.71	0.51	0.87	0.82	0.82	-0.26	-0.73	0.87	-0.15	0.83	-0.54	-0.59	-0.14	0.96	0.88
Net Tangible Assets	-0.96	-0.03	0.2	0.18	0.14	-0.09	0.47		0.33	-0.42	0.08	-0.19	-0.08	0.77	-0.1	-0.07	0.26	0.2	0.77	-0.27	-0.07	0.24	0.12	0.06	0.31	0.04
Property Plant And Equipment Net	-0.32	-0.73	0.78	-0.64	-0.66	-0.69	-0.52	0.33		0.57	0.76	0.27	-0.5	-0.22	-0.76	-0.67	0.15	0.75	-0.22	0.34	-0.74	0.7	0.33	-0.11	-0.58	-0.64
Current Deferred Revenue	0.25	-0.88	0.8	-0.95	-0.94	-0.83	-0.97	-0.42	0.57		0.87	0.78	-0.67	-0.82	-0.84	-0.84	0.35	0.8	-0.82	0.04	-0.86	0.69	0.67	0.22	-0.97	-0.89
Net Debt	-0.26	-0.99	0.99	-0.96	-0.96	-0.98	-0.82	0.08	0.76	0.87		0.78	-0.76	-0.49	-0.99	-0.97	0.56	0.99	-0.49	-0.14	-0.99	0.86	0.83	0.31	-0.91	-0.97
Retained Earnings	-0.06	-0.74	0.75	-0.77	-0.77	-0.72	-0.71	-0.19	0.27	0.78	0.78		-0.64	-0.59	-0.7	-0.74	0.84	0.79	-0.59	-0.51	-0.73	0.79	0.89	0.76	-0.75	-0.76
Accounts Payable	0.26	0.77	-0.8	0.77	0.82	0.75	0.51	-0.08	-0.5	-0.67	-0.76	-0.64		0.16	0.75	0.74	-0.47	-0.8	0.16	0.42	0.76	-0.8	-0.8	-0.2	0.7	0.73
Cash	-0.66	0.5	-0.37	0.64	0.59	0.43	0.87	0.77	-0.22	-0.82	-0.49	-0.59	0.16		0.45	0.45	-0.13	-0.37	1.0	-0.29	0.47	-0.27	-0.28	-0.2	0.72	0.55
Non Current Assets Total	0.27	1.0	-0.98	0.96	0.96	0.99	0.82	-0.1	-0.76	-0.84	-0.99	-0.7	0.75	0.45		0.99	-0.46	-0.97	0.45	0.09	1.0	-0.79	-0.8	-0.19	0.91	0.98
Non Currrent Assets Other	0.26	0.99	-0.96	0.96	0.96	1.0	0.82	-0.07	-0.67	-0.84	-0.97	-0.74	0.74	0.45	0.99		-0.49	-0.95	0.45	0.17	0.99	-0.75	-0.85	-0.22	0.92	0.99
Other Assets	-0.47	-0.47	0.59	-0.41	-0.44	-0.49	-0.26	0.26	0.15	0.35	0.56	0.84	-0.47	-0.13	-0.46	-0.49		0.64	-0.13	-0.76	-0.48	0.75	0.81	0.93	-0.33	-0.47
Long Term Debt	-0.38	-0.96	1.0	-0.91	-0.93	-0.96	-0.73	0.2	0.75	0.8	0.99	0.79	-0.8	-0.37	-0.97	-0.95	0.64		-0.37	-0.25	-0.97	0.91	0.87	0.37	-0.84	-0.93
Cash And Short Term Investments	-0.66	0.5	-0.37	0.64	0.59	0.43	0.87	0.77	-0.22	-0.82	-0.49	-0.59	0.16	1.0	0.45	0.45	-0.13	-0.37		-0.29	0.47	-0.27	-0.28	-0.2	0.72	0.55
Net Receivables	0.47	0.1	-0.21	0.07	0.11	0.17	-0.15	-0.27	0.34	0.04	-0.14	-0.51	0.42	-0.29	0.09	0.17	-0.76	-0.25	-0.29		0.11	-0.35	-0.65	-0.71	0.0	0.13
Good Will	0.24	1.0	-0.98	0.97	0.97	0.99	0.83	-0.07	-0.74	-0.86	-0.99	-0.73	0.76	0.47	1.0	0.99	-0.48	-0.97	0.47	0.11		-0.8	-0.82	-0.21	0.93	0.99
Non Current Liabilities Total	-0.39	-0.79	0.9	-0.74	-0.78	-0.76	-0.54	0.24	0.7	0.69	0.86	0.79	-0.8	-0.27	-0.79	-0.75	0.75	0.91	-0.27	-0.35	-0.8		0.79	0.54	-0.65	-0.73
Capital Lease Obligations	-0.37	-0.82	0.85	-0.79	-0.81	-0.84	-0.59	0.12	0.33	0.67	0.83	0.89	-0.8	-0.28	-0.8	-0.85	0.81	0.87	-0.28	-0.65	-0.82	0.79		0.6	-0.73	-0.83
Inventory	-0.24	-0.2	0.32	-0.19	-0.2	-0.21	-0.14	0.06	-0.11	0.22	0.31	0.76	-0.2	-0.2	-0.19	-0.22	0.93	0.37	-0.2	-0.71	-0.21	0.54	0.6		-0.14	-0.22
Other Current Assets	-0.13	0.94	-0.85	0.99	0.98	0.91	0.96	0.31	-0.58	-0.97	-0.91	-0.75	0.7	0.72	0.91	0.92	-0.33	-0.84	0.72	0.0	0.93	-0.65	-0.73	-0.14		0.96
Other Stockholder Equity	0.15	0.99	-0.94	0.98	0.98	0.99	0.88	0.04	-0.64	-0.89	-0.97	-0.76	0.73	0.55	0.98	0.99	-0.47	-0.93	0.55	0.13	0.99	-0.73	-0.83	-0.22	0.96

Click cells to compare fundamentals

Alight Account Relationship Matchups

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Alight Net Income Per Share vs Book Value Per Share Analysis

Net Income Per Share vs Book Value Per Share

Net Income Per Share vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Net Income Per Share

Book Value Per Share

Alight fundamental ratios Correlations

Alight Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Alight Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Non Currrent Assets Other	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Good Will	- 0.99	Net Debt
Non Current Assets Total	- 0.99	Net Debt
Net Debt	- 0.99	Total Assets
Net Debt	- 0.98	Total Stockholder Equity
Good Will	- 0.98	Short Long Term Debt Total
Non Current Assets Total	- 0.98	Short Long Term Debt Total