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| 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 |