Alight Balance Sheet Health
Financial Health criteria checks 5/6
Alight has a total shareholder equity of $4.3B and total debt of $2.0B, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are $8.3B and $3.9B respectively. Alight's EBIT is $16.0M making its interest coverage ratio 0.1. It has cash and short-term investments of $326.0M.
Key information
47.0%
Debt to equity ratio
US$2.03b
Debt
| Interest coverage ratio | 0.1x |
| Cash | US$326.00m |
| Equity | US$4.33b |
| Total liabilities | US$3.95b |
| Total assets | US$8.27b |
Recent financial health updates
Alight (NYSE:ALIT) Takes On Some Risk With Its Use Of Debt
Jul 21
Is Alight (NYSE:ALIT) A Risky Investment?
Apr 16Recent updates
Alight: Lackluster Growth And Expensive
Nov 28Alight, Inc.'s (NYSE:ALIT) Shareholders Might Be Looking For Exit
Nov 07Analysts Have Just Cut Their Alight, Inc. (NYSE:ALIT) Revenue Estimates By 32%
Aug 14Alight (NYSE:ALIT) Takes On Some Risk With Its Use Of Debt
Jul 21Alight: Rate Of Capital Deployment Likely Won't Unlock Economic Value
Jul 11Alight, Inc.'s (NYSE:ALIT) P/S Is On The Mark
Jun 14Alight, Inc. Is Preparing To Ignite A New Spark After Spin-Out Deal
Apr 20Is Alight (NYSE:ALIT) A Risky Investment?
Apr 16Alight: Time To Buy, But Volatility Risks Not Excluded
Jan 26Alight, Inc.'s (NYSE:ALIT) P/S Is On The Mark
Dec 04Alight Q3 Earnings: Good But Not Great
Nov 01Alight: Weak BPaaS Guide Is Not A Big Issue, Reiterate Buy
Aug 15Alight: Turning Positive On The Stock Given The Updated Outlook (Rating Upgrade)
Jun 23Analyst Estimates: Here's What Brokers Think Of Alight, Inc. (NYSE:ALIT) After Its First-Quarter Report
May 12Alight reports Q4 results
Feb 21Alight falls on report of Thomas H. Lee offering 11.4M share block
Jan 19Alight: Good Secular Trends, But Stock Is Only Slightly Undervalued
Dec 12Financial Position Analysis
Short Term Liabilities: ALIT's short term assets ($1.2B) exceed its short term liabilities ($926.0M).
Long Term Liabilities: ALIT's short term assets ($1.2B) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: ALIT's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: ALIT's debt to equity ratio has reduced from 460.4% to 47% 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 ALIT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALIT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alight, Inc. is covered by 9 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Heather Balsky | BofA Global Research |
| Joseph Vafi | Canaccord Genuity |
| Peter Christiansen | Citigroup Inc |