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Alight (Alight) Debt-to-Asset : 0.27 (As of Dec. 2023)


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What is Alight Debt-to-Asset?

Alight's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $71 Mil. Alight's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,847 Mil. Alight's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $10,782 Mil. Alight's debt to asset for the quarter that ended in Dec. 2023 was 0.27.

Alight Debt-to-Asset Historical Data

The historical data trend for Alight's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alight Debt-to-Asset Chart

Alight Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.62 0.63 0.28 0.27 0.27

Alight Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.27 0.28 0.27 0.27

Competitive Comparison of Alight's Debt-to-Asset

For the Software - Application subindustry, Alight's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alight's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Alight's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Alight's Debt-to-Asset falls into.


Alight Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Alight's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(71 + 2847) / 10782
=0.27

Alight's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(71 + 2847) / 10782
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alight  (NYSE:ALIT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Alight Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Alight's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Alight (Alight) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Alight Inc (NYSE:ALIT) » Definitions » Debt-to-Asset
Comparable Companies
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Traded in Other Exchanges
A9L0:Germany
Address
4 Overlook Point, Lincolnshire, IL, USA, 60069
Website
https://www.alight.com
Alight Inc is a provider of integrated, cloud-based human capital solutions that empower clients and employees to manage health, wealth and HR needs. Geographically, the company generates a majority of its revenue from the United States.
Executives
Richard N Massey director, officer: Chief Executive Officer 900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Blackstone Management Associates Vii Nq L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 1 L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Gregory A. George officer: Chief Commercial Officer 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Kausik Rajgopal director 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Lenore D Williams director 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Martin Felli officer: See Remarks 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Bx Tempo Ml Holdco 1 Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners Vii.2 (ipo) Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 2 L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 2 Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners Vii Nq L.p. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Foley William P Ii director FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204