Alight Interest Expense from 2010 to 2024

ALIT Stock  USD 8.00  0.01  0.13%   
Alight Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
131 M
Current Value
146.5 M
Quarterly Volatility
33.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alight financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alight's main balance sheet or income statement drivers, such as Tax Provision of 89.2 M, Depreciation And Amortization of 361.2 M or Interest Expense of 146.5 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0023 or PTB Ratio of 0.89. Alight financial statements analysis is a perfect complement when working with Alight Valuation or Volatility modules.
  
Check out the analysis of Alight Correlation against competitors.

Latest Alight's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Alight Inc over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Alight's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alight's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Alight Interest Expense Regression Statistics

Arithmetic Mean193,968,889
Geometric Mean190,747,240
Coefficient Of Variation17.36
Mean Deviation26,178,963
Median208,000,000
Standard Deviation33,664,383
Sample Variance1133.3T
Range112M
R-Value(0.63)
Mean Square Error738.7T
R-Squared0.39
Significance0.01
Slope(4,729,524)
Total Sum of Squares15866.1T

Alight Interest Expense History

2024146.5 M
2023131 M
2022122 M
2021180 M
2020234 M
2019224 M

About Alight Financial Statements

Alight shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Alight investors may analyze each financial statement separately, they are all interrelated. The changes in Alight's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alight's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense131 M146.5 M

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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.