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Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Alight's Net Cash per Share for the quarter that ended in Sep. 2024 was $-6.85.
The historical rank and industry rank for Alight's Net Cash per Share or its related term are showing as below:
The historical data trend for Alight's Net Cash per Share 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.
Alight Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Net Cash per Share | Get a 7-Day Free Trial | -12.45 | -12.91 | -13.95 | -13.68 | -11.75 |
Alight Quarterly Data | ||||||||||||||||||||
Dec18 | Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Cash per Share | Get a 7-Day Free Trial | -12.02 | -11.75 | -10.80 | -10.74 | -6.85 |
For the Software - Application subindustry, Alight's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
For the Software industry and Technology sector, Alight's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Alight's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Alight's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as
Net Cash per Share (A: Dec. 2023 ) | |||||||
= | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (358 | - | 6040 | - | 280) | / | 507.568 |
= | -11.75 |
Alight's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as
Net Cash per Share (Q: Sep. 2024 ) | = | (Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (300 | - | 3945 | - | 4) | / | 532.4 |
= | -6.85 |
* 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) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Thank you for viewing the detailed overview of Alight's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Gregory R Goff | officer: See Remarks | C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602 |
Gregory A. George | officer: Chief Commercial Officer | 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Foley William P Ii | director | FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
Katie J. Rooney | officer: Chief Financial Officer | C/O ALIGHT INC., 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Stephan Scholl | director, officer: Chief Executive Officer | 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Dinesh V Tulsiani | officer: Chief Strategy Officer | C/O ALIGHT, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134 |
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 |
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 |
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 1 Gp L.l.c. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
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