Alight Balance Sheet Health
Financial Health criteria checks 4/6
Alight has a total shareholder equity of $4.5B and total debt of $2.8B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are $10.5B and $6.0B respectively. Alight's EBIT is $16.0M making its interest coverage ratio 0.1. It has cash and short-term investments of $183.0M.
Key information
62.1%
Debt to equity ratio
US$2.78b
Debt
| Interest coverage ratio | 0.1x |
| Cash | US$183.00m |
| Equity | US$4.48b |
| Total liabilities | US$6.00b |
| Total assets | US$10.47b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A9L0's short term assets ($3.4B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: A9L0's short term assets ($3.4B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: A9L0's net debt to equity ratio (58%) is considered high.
Reducing Debt: A9L0's debt to equity ratio has reduced from 446.4% to 62.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable A9L0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A9L0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.2% per year.