Alight Total Operating Expenses vs Income Before Tax Analysis

ALIT Stock

USD 6.76 0.03 0.45%

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 Total Operating Expenses and its Income Before Tax 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.

Total Operating Expenses vs Income Before Tax

Total Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alight Inc Total Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.

The correlation between Alight's Total Operating Expenses and Income Before Tax is -0.83. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax 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 Total Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Alight Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., Alight's Total Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

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Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Alight income statement and is an important metric when analyzing Alight Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 34.22 in 2025, whereas Selling General Administrative is likely to drop slightly above 605 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	122M	131M	117.9M	146.5M
Depreciation And Amortization	395M	421M	484.2M	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		0.36	-0.48	0.2	0.25	0.42	-0.15	-0.88	-0.3	0.07	-0.38	-0.23	0.42	-0.42	0.41	0.4	-0.86	-0.49	-0.42	0.57	0.39	-0.5	-0.5	-0.38	0.04	0.31
Total Assets	0.36		-0.97	0.98	0.98	0.99	0.86	-0.02	-0.62	-0.89	-0.99	-0.81	0.84	0.59	1.0	0.99	-0.26	-0.97	0.59	0.45	1.0	-0.84	-0.87	-0.41	0.94	0.99
Short Long Term Debt Total	-0.48	-0.97		-0.93	-0.94	-0.97	-0.77	0.18	0.69	0.83	0.99	0.81	-0.84	-0.48	-0.98	-0.97	0.41	1.0	-0.48	-0.46	-0.98	0.92	0.87	0.47	-0.88	-0.95
Other Current Liab	0.2	0.98	-0.93		1.0	0.97	0.92	0.15	-0.55	-0.95	-0.96	-0.84	0.84	0.7	0.97	0.97	-0.14	-0.93	0.7	0.43	0.98	-0.8	-0.85	-0.4	0.98	0.99
Total Current Liabilities	0.25	0.98	-0.94	1.0		0.97	0.89	0.12	-0.56	-0.94	-0.97	-0.84	0.87	0.67	0.97	0.97	-0.19	-0.94	0.67	0.47	0.98	-0.84	-0.87	-0.42	0.97	0.98
Total Stockholder Equity	0.42	0.99	-0.97	0.97	0.97		0.82	-0.08	-0.59	-0.85	-0.98	-0.8	0.82	0.54	0.99	1.0	-0.3	-0.97	0.54	0.47	0.99	-0.82	-0.89	-0.41	0.92	0.99
Other Liab	-0.15	0.86	-0.77	0.92	0.89	0.82		0.44	-0.52	-0.98	-0.84	-0.73	0.6	0.89	0.83	0.83	0.18	-0.76	0.89	0.13	0.84	-0.61	-0.62	-0.25	0.96	0.87
Net Tangible Assets	-0.88	-0.02	0.18	0.15	0.12	-0.08	0.44		0.31	-0.38	0.07	-0.15	-0.05	0.71	-0.08	-0.06	0.7	0.18	0.71	-0.18	-0.05	0.2	0.1	0.06	0.28	0.03
Property Plant And Equipment Net	-0.3	-0.62	0.69	-0.55	-0.56	-0.59	-0.52	0.31		0.53	0.68	0.22	-0.4	-0.2	-0.65	-0.57	0.07	0.66	-0.2	0.23	-0.63	0.61	0.26	-0.1	-0.54	-0.55
Current Deferred Revenue	0.07	-0.89	0.83	-0.95	-0.94	-0.85	-0.98	-0.38	0.53		0.89	0.82	-0.73	-0.84	-0.87	-0.86	-0.04	0.83	-0.84	-0.26	-0.88	0.74	0.73	0.36	-0.98	-0.9
Net Debt	-0.38	-0.99	0.99	-0.96	-0.97	-0.98	-0.84	0.07	0.68	0.89		0.83	-0.82	-0.57	-0.99	-0.98	0.33	0.99	-0.57	-0.42	-0.99	0.89	0.87	0.46	-0.92	-0.97
Retained Earnings	-0.23	-0.81	0.81	-0.84	-0.84	-0.8	-0.73	-0.15	0.22	0.82	0.83		-0.74	-0.66	-0.79	-0.81	0.45	0.83	-0.66	-0.68	-0.81	0.82	0.92	0.81	-0.79	-0.83
Accounts Payable	0.42	0.84	-0.84	0.84	0.87	0.82	0.6	-0.05	-0.4	-0.73	-0.82	-0.74		0.34	0.82	0.82	-0.38	-0.85	0.34	0.67	0.84	-0.85	-0.87	-0.43	0.76	0.81
Cash	-0.42	0.59	-0.48	0.7	0.67	0.54	0.89	0.71	-0.2	-0.84	-0.57	-0.66	0.34		0.55	0.56	0.29	-0.48	1.0	0.1	0.57	-0.4	-0.43	-0.35	0.77	0.63
Non Current Assets Total	0.41	1.0	-0.98	0.97	0.97	0.99	0.83	-0.08	-0.65	-0.87	-0.99	-0.79	0.82	0.55		0.99	-0.29	-0.97	0.55	0.43	1.0	-0.84	-0.86	-0.39	0.92	0.99
Non Currrent Assets Other	0.4	0.99	-0.97	0.97	0.97	1.0	0.83	-0.06	-0.57	-0.86	-0.98	-0.81	0.82	0.56	0.99		-0.3	-0.96	0.56	0.48	0.99	-0.81	-0.89	-0.42	0.93	1.0
Other Assets	-0.86	-0.26	0.41	-0.14	-0.19	-0.3	0.18	0.7	0.07	-0.04	0.33	0.45	-0.38	0.29	-0.29	-0.3		0.45	0.29	-0.72	-0.29	0.57	0.57	0.74	0.02	-0.23
Long Term Debt	-0.49	-0.97	1.0	-0.93	-0.94	-0.97	-0.76	0.18	0.66	0.83	0.99	0.83	-0.85	-0.48	-0.97	-0.96	0.45		-0.48	-0.5	-0.97	0.93	0.89	0.52	-0.87	-0.95
Cash And Short Term Investments	-0.42	0.59	-0.48	0.7	0.67	0.54	0.89	0.71	-0.2	-0.84	-0.57	-0.66	0.34	1.0	0.55	0.56	0.29	-0.48		0.1	0.57	-0.4	-0.43	-0.35	0.77	0.63
Net Receivables	0.57	0.45	-0.46	0.43	0.47	0.47	0.13	-0.18	0.23	-0.26	-0.42	-0.68	0.67	0.1	0.43	0.48	-0.72	-0.5	0.1		0.46	-0.57	-0.8	-0.78	0.3	0.46
Good Will	0.39	1.0	-0.98	0.98	0.98	0.99	0.84	-0.05	-0.63	-0.88	-0.99	-0.81	0.84	0.57	1.0	0.99	-0.29	-0.97	0.57	0.46		-0.85	-0.87	-0.41	0.93	0.99
Non Current Liabilities Total	-0.5	-0.84	0.92	-0.8	-0.84	-0.82	-0.61	0.2	0.61	0.74	0.89	0.82	-0.85	-0.4	-0.84	-0.81	0.57	0.93	-0.4	-0.57	-0.85		0.85	0.65	-0.72	-0.8
Capital Lease Obligations	-0.5	-0.87	0.87	-0.85	-0.87	-0.89	-0.62	0.1	0.26	0.73	0.87	0.92	-0.87	-0.43	-0.86	-0.89	0.57	0.89	-0.43	-0.8	-0.87	0.85		0.72	-0.77	-0.88
Inventory	-0.38	-0.41	0.47	-0.4	-0.42	-0.41	-0.25	0.06	-0.1	0.36	0.46	0.81	-0.43	-0.35	-0.39	-0.42	0.74	0.52	-0.35	-0.78	-0.41	0.65	0.72		-0.3	-0.42
Other Current Assets	0.04	0.94	-0.88	0.98	0.97	0.92	0.96	0.28	-0.54	-0.98	-0.92	-0.79	0.76	0.77	0.92	0.93	0.02	-0.87	0.77	0.3	0.93	-0.72	-0.77	-0.3		0.96
Other Stockholder Equity	0.31	0.99	-0.95	0.99	0.98	0.99	0.87	0.03	-0.55	-0.9	-0.97	-0.83	0.81	0.63	0.99	1.0	-0.23	-0.95	0.63	0.46	0.99	-0.8	-0.88	-0.42	0.96

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Alight Account Relationship Matchups

Alight fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	129.4M	464.1M	458.6M	489.5M	562.9M	446.4M
Total Assets	7.0B	11.0B	11.2B	10.8B	12.4B	10.2B
Short Long Term Debt Total	4.4B	2.9B	2.8B	2.9B	2.6B	2.7B
Other Current Liab	1.1B	1.5B	1.6B	1.5B	1.8B	1.4B
Total Current Liabilities	1.8B	2.1B	2.3B	2.2B	2.5B	2.2B
Total Stockholder Equity	683M	4.1B	4.4B	4.5B	5.1B	3.2B
Property Plant And Equipment Net	463M	236M	320M	439M	395.1M	300.2M
Net Debt	3.9B	2.5B	2.6B	2.6B	2.3B	2.5B
Retained Earnings	(127M)	(96M)	(158M)	(503M)	(452.7M)	(430.1M)
Accounts Payable	394M	406M	508M	444M	510.6M	474.5M
Cash	506M	372M	250M	358M	411.7M	374.9M
Non Current Assets Total	4.7B	8.5B	8.4B	8.1B	9.3B	7.6B
Non Currrent Assets Other	26M	422M	452M	479M	550.9M	308.2M
Other Assets	1.0B	475M	462M	(50M)	(45M)	(42.8M)
Long Term Debt	4.0B	2.8B	2.8B	2.8B	2.5B	2.6B
Cash And Short Term Investments	506M	372M	250M	358M	411.7M	374.9M
Net Receivables	564M	515M	678M	805M	925.8M	709.9M
Good Will	2.2B	3.6B	3.7B	3.5B	4.1B	3.4B
Liabilities And Stockholders Equity	7.0B	11.0B	11.2B	10.8B	12.4B	10.2B
Non Current Liabilities Total	4.5B	3.9B	3.8B	3.9B	3.5B	3.2B
Capital Lease Obligations	283M	244M	180M	124M	111.6M	174.4M
Inventory	1.1B	1.3B	1.5B	(157M)	(141.3M)	(134.2M)
Other Current Assets	1.2B	1.6B	1.9B	1.6B	1.9B	1.4B
Other Stockholder Equity	852M	4.2B	4.5B	4.9B	5.6B	3.2B
Total Liab	6.3B	6.1B	6.1B	6.0B	6.9B	6.7B
Net Invested Capital	4.8B	7.0B	7.3B	7.3B	8.3B	6.8B
Property Plant And Equipment Gross	675M	236M	320M	650M	585M	389.0M
Short Long Term Debt	37M	38M	31M	25M	22.5M	25.8M
Total Current Assets	2.2B	2.5B	2.8B	2.8B	3.2B	2.7B
Accumulated Other Comprehensive Income	(42M)	8M	95M	71M	81.7M	85.7M
Non Current Liabilities Other	173M	1.1B	946M	146M	167.9M	159.5M
Net Working Capital	446M	344M	468M	589M	677.4M	456.9M
Short Term Debt	106M	109M	90M	71M	63.9M	73.8M
Intangible Assets	1.7B	4.2B	3.9B	3.6B	4.1B	3.4B

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