Alignment Net Debt vs Non Currrent Assets Other Analysis

ALHC Stock  USD 12.83  0.56  4.56%   
Alignment Healthcare financial indicator trend analysis is way more than just evaluating Alignment Healthcare LLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alignment Healthcare LLC is a good investment. Please check the relationship between Alignment Healthcare Net Debt and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alignment Healthcare LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Net Debt vs Non Currrent Assets Other

Net Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alignment Healthcare LLC Net Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alignment Healthcare's Net Debt and Non Currrent Assets Other is -0.52. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Alignment Healthcare LLC, assuming nothing else is changed. The correlation between historical values of Alignment Healthcare's Net Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Alignment Healthcare LLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Debt i.e., Alignment Healthcare's Net Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Alignment Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alignment Healthcare LLC 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 Alignment Healthcare LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
The current year's Enterprise Value is expected to grow to about 2.7 B, whereas Tax Provision is forecasted to decline to about 112.9 K.
 2021 2022 2023 2024 (projected)
Interest Expense17.4M18.3M21.2M19.5M
Depreciation And Amortization16.0M17.5M21.7M19.1M

Alignment Healthcare fundamental ratios Correlations

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-0.49-0.72-0.4-0.63-0.4-0.6-0.670.080.71-0.16-0.31-0.7-0.51-0.43-0.76-0.31-0.6-0.730.82-0.76-0.93-0.52-0.66-0.43-0.95
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0.921.00.760.940.85-0.760.940.93-0.63-0.930.050.770.940.730.690.990.770.90.89-0.690.890.940.960.870.84
0.690.870.530.850.59-0.930.760.89-0.26-0.860.240.450.90.710.670.880.450.840.86-0.680.890.740.870.610.99
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0.90.960.641.00.82-0.660.90.97-0.59-0.940.260.70.990.840.830.960.70.980.94-0.50.960.870.940.830.81
0.990.890.820.811.0-0.430.980.78-0.92-0.87-0.140.970.790.720.680.870.970.790.69-0.580.870.610.970.830.53
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Alignment Healthcare Account Relationship Matchups

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When determining whether Alignment Healthcare LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alignment Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alignment Healthcare Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alignment Healthcare Llc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alignment Healthcare LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
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Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alignment Healthcare. If investors know Alignment will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
12.994
Quarterly Revenue Growth
0.516
Return On Assets
(0.10)
Return On Equity
(0.95)
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.