Alight (ALIT) Short-term Investments (2021 - 2024)

Alight (ALIT) reported Short-term Investments of $56.0 million for Q1 2024, down 22.22% on a YoY basis from $72.0 million in Q2 2023, and down 6.67% sequentially from $60.0 million in Q4 2023.

Alight (ALIT) Short-term Investments (2021 - 2024) Analysis & Trends

Alight (ALIT) has 4 years of Short-term Investments data on file, last reported at $56.0 million in Q1 2024.

  • For the quarter ending Q1 2024, Short-term Investments fell 22.22% year-over-year to $56.0 million; the trailing twelve-month figure through Mar 2024 stood at $56.0 million (down 22.22% YoY), and the FY2023 full-year result was $60.0 million, down 16.67% from the prior year.
  • Short-term Investments slipped to $56.0 million in Q1 2024, from $60.0 million in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $81.0 million in Q2 2023 to a low of $1.0 million in Q4 2021.
  • A 4-year average of $53.7 million and a median of $60.0 million in 2022 frame the typical range for Short-term Investments.
  • Across the five-year window, Short-term Investments jumped 7100.0% in 2022 and decreased 22.22% in 2024, its largest moves.
  • Tracing ALIT's Short-term Investments over 4 years: stood at $1.0 million in 2021, then jumped by 7100.0% to $72.0 million in 2022, then slipped by 16.67% to $60.0 million in 2023, then fell by 6.67% to $56.0 million in 2024.
  • Business Quant data shows ALIT's Short-term Investments at $56.0 million in Q1 2024, $60.0 million in Q4 2023, and $78.0 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Alight 478.83 Mn 302.83 Mn 156.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 56.00 Mn
Dec 31, 2023 60.00 Mn
Sep 30, 2023 78.00 Mn
Jun 30, 2023 81.00 Mn
Mar 31, 2023 72.00 Mn
Dec 31, 2022 72.00 Mn
Sep 30, 2022 60.00 Mn
Jun 30, 2022 39.00 Mn
Mar 31, 2022 18.00 Mn
Dec 31, 2021 1.00 Mn