Alight Payout Ratio vs Capex To Depreciation Analysis
| ALIT Stock | USD 8.09 0.11 1.38% |
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 Payout Ratio and its Capex To Depreciation 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.
Payout Ratio vs Capex To Depreciation
Payout Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alight Inc Payout Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alight's Payout Ratio and Capex To Depreciation is 0.58. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Capex To Depreciation 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 Payout Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Alight Inc are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Payout Ratio i.e., Alight's Payout Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Payout Ratio
Payout Ratio is the proportion of Alight Inc earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Alight Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Alight Inc is paying out more in dividends than it makes in net income.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.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 |
Alight fundamental ratios Correlations
Click cells to compare fundamentals
Alight Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.