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ALHC (Alignment Healthcare) EBIT : $-105 Mil (TTM As of Dec. 2024)


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What is Alignment Healthcare EBIT?

Alignment Healthcare's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $-26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $-105 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alignment Healthcare's annualized ROC % for the quarter that ended in Dec. 2024 was -57.34%. Alignment Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -138.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alignment Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -3.69%.


Alignment Healthcare EBIT Historical Data

The historical data trend for Alignment Healthcare's EBIT 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.

Alignment Healthcare EBIT Chart

Alignment Healthcare Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -6.00 -177.84 -131.01 -126.96 -104.50

Alignment Healthcare Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT 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 Premium Member Only Premium Member Only Premium Member Only -41.77 -41.15 -18.29 -19.50 -25.57

Competitive Comparison of Alignment Healthcare's EBIT

For the Healthcare Plans subindustry, Alignment Healthcare's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Alignment Healthcare's EV-to-EBIT Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Alignment Healthcare's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alignment Healthcare's EV-to-EBIT falls into.



Alignment Healthcare EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-105 Mil.

* 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.


Alignment Healthcare  (NAS:ALHC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Alignment Healthcare's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-90.18 * ( 1 - -0.02% )/( (154.244 + 160.356)/ 2 )
=-90.198036/157.3
=-57.34 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=692.287 - 322.519 - ( 380.976 - max(0, 358.083 - 573.607+380.976))
=154.244

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=782.063 - 311.914 - ( 470.65 - max(0, 351.845 - 661.638+470.65))
=160.356

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Alignment Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-102.26/( ( (72.816 + max(-163.839, 0)) + (74.957 + max(-160.857, 0)) )/ 2 )
=-102.26/( ( 72.816 + 74.957 )/ 2 )
=-102.26/73.8865
=-138.40 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.852 + 0 + 53.779) - (322.519 + 0 + 33.951)
=-163.839

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(153.904 + 0 + 37.084) - (311.914 + 0 + 39.931)
=-160.857

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Alignment Healthcare's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-104.503/2833.118
=-3.69 %

* 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.


Alignment Healthcare EBIT Related Terms

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Alignment Healthcare Business Description

Traded in Other Exchanges
N/A
Address
1100 West Town and Country Road, Suite 1600, Orange, CA, USA, 92868
Alignment Healthcare Inc is a next-generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors through Medicare Advantage plans. These plans are marketed and sold direct-to-consumer, allowing seniors to select the manner in which customers receive healthcare coverage and services on an annual basis. The company combines a technology platform and clinical model for more effective health outcomes.
Executives
John E Kao director, officer: Chief Executive Officer
Hakan Kardes officer: Chief Technology Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Dawn Christine Maroney officer: President, Markets C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Hyong Kim officer: Chief Medical Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W TOWN AND COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Robert Thomas Freeman officer: Chief Financial Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Joseph S Konowiecki director 5995 PLAZA DR, CYPRESS CA 90630
Christopher J Joyce officer: Chief Legal and Admin. Officer C/O ALLIANCE ENTERTAINMENT CORP, 110 EAST 59TH STREET 18TH FLOOR, NEW YORK NY 10022
Jeffrey H Margolis director 567 SAN NICHOLAS DRIVE, SUITE 360, NEWPORT BEACH CA 92660
Robert L. Scavo officer: Chief Information Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Melinda Michele Kimbro officer: Chief People Officer 6155 EL CAMINO REAL, CARLSBAD CA 92009
Dinesh M. Kumar officer: Chief Health Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Richard A. Cross officer: SVP, General Counsel C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, STE. 1600, ORANGE CA 92868
Warburg Pincus Llc director, 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
General Atlantic (aln Hlth), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055