Alight (ALIT) Short-term Investments (2021 - 2024)
Alight (ALIT) posted Short-term Investments of $56.0 million for Q1 2024, down 6.67% sequentially from $60.0 million in Q4 2023, and down 22.22% YoY from $72.0 million in Q2 2023.
Alight (ALIT) Short-term Investments (2021 - 2024) Analysis & Trends
Alight has reported Short-term Investments for 4 years, with the latest figure at $56.0 million in Q1 2024.
- Quarterly Short-term Investments fell 22.22% year-over-year to $56.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $56.0 million (down 22.22% YoY) and the FY2023 annual result came in at $60.0 million, down 16.67% from the prior year.
- Short-term Investments slipped to $56.0 million in Q1 2024 per ALIT's latest filing, from $60.0 million in the prior quarter.
- Over five years, Short-term Investments peaked at $81.0 million in Q2 2023 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Short-term Investments soared 7100.0% in 2022, then dropped 22.22% in 2024.
- Over 4 years, Short-term Investments stood at $1.0 million in 2021, then jumped by 7100.0% to $72.0 million in 2022, then fell by 16.67% to $60.0 million in 2023, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Alight | 393.87 Mn | 180.87 Mn | 142.00 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 |