Alight Return On Equity from 2010 to 2024
| ALIT Stock | USD 7.99 0.03 0.37% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.08) | Current Value (0.07) | Quarterly Volatility 0.05410901 |
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.
Alight | Return On Equity |
Latest Alight's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Alight Inc over the last few years. Return on Equity is the amount of Alight Inc net income returned as a percentage of Alight equity. Return on equity measures Alight profitability by revealing how much profit Alight Inc generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Alight's Return On Equity 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.
| View | Last Reported -0.0727 | 10 Years Trend |
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Return On Equity |
| Timeline |
Alight Return On Equity Regression Statistics
| Arithmetic Mean | (0.01) | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | (710.59) | |
| Mean Deviation | 0.04 | |
| Median | 0.03 | |
| Standard Deviation | 0.05 | |
| Sample Variance | 0 | |
| Range | 0.1781 | |
| R-Value | (0.68) | |
| Mean Square Error | 0 | |
| R-Squared | 0.46 | |
| Significance | 0.01 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.04 |
Alight Return On Equity History
About Alight Financial Statements
Alight shareholders use historical fundamental indicators, such as Return On Equity, 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 Reported | Projected for Next Year | ||
| Return On Equity | (0.08) | (0.07) |
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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.