Alight Payout Ratio vs Free Cash Flow Yield 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 Payout Ratio and its Free Cash Flow Yield 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 Free Cash Flow Yield

Payout Ratio vs Free Cash Flow Yield 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 Free Cash Flow Yield. At this time, the significance of the direction appears to have totally related.

The correlation between Alight's Payout Ratio and Free Cash Flow Yield is 0.99. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Free Cash Flow Yield 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 Free Cash Flow Yield 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 Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Payout Ratio i.e., Alight's Payout Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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

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Alight Payout Ratio vs Free Cash Flow Yield Analysis

Payout Ratio vs Free Cash Flow Yield

Payout Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Payout Ratio

Free Cash Flow Yield

Alight fundamental ratios Correlations

Alight Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Alight Stock Analysis

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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