Alight (ALIT) Short-term Investments (2021 - 2024)
Alight recorded quarterly Short-term Investments of $56.0 million in Q1 2024, down 6.67% quarter-over-quarter from $60.0 million in Q4 2023, and down 22.22% year-over-year from $72.0 million in Q2 2023.
Alight's Short-term Investments history runs 4 years deep, the most recent figure standing at $56.0 million for Q1 2024.
- In Q1 2024, Short-term Investments fell 22.22% year-over-year to $56.0 million; the TTM figure through Mar 2024 stood at $56.0 million (down 22.22% YoY), while the FY2023 annual figure was $60.0 million, down 16.67% from the prior year.
- Short-term Investments came in at $56.0 million for Q1 2024 at Alight, down 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 surged 7100.0% in 2022 and slipped 22.22% in 2024, its largest moves.
- Alight's Short-term Investments stood at $1.0 million in 2021, then soared by 7100.0% to $72.0 million in 2022, then declined by 16.67% to $60.0 million in 2023, then decreased by 6.67% to $56.0 million in 2024.
- According to Business Quant data, Short-term Investments over the past three periods registered $56.0 million, $60.0 million, and $78.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Alight | 429.24 Mn | 253.24 Mn | 156.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |