Alector Retained Earnings vs Cash Analysis

ALEC Stock

USD 5.49 0.16 2.83%

Alector financial indicator trend analysis is way more than just evaluating Alector prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alector is a good investment. Please check the relationship between Alector Retained Earnings and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alector Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Alector's Retained Earnings and Cash is -0.51. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Alector, assuming nothing else is changed. The correlation between historical values of Alector's Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Alector are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Alector's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Alector, which is listed under current asset account on Alector balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alector customers. The amounts must be unrestricted with restricted cash listed in a different Alector account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Alector's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alector current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.At present, Alector's Enterprise Value is projected to decrease significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	207.1M	133.6M	88.2M	69.2M
Total Revenue	207.1M	133.6M	97.1M	70.4M

Gross Profit Total Revenue

Alector fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Property Plant Equipment
Total Assets		0.07	0.62	0.85	0.86	0.87	0.89	-0.51	-0.89	0.82	0.74	0.92	0.88	0.89	0.98	-0.03	0.95	0.89	0.91	0.79	0.84	0.93	0.96	-0.33	1.0	0.79
Other Current Liab	0.07		0.79	-0.08	0.49	0.04	0.07	0.58	-0.47	0.02	-0.38	0.09	0.27	0.44	0.04	-0.02	0.27	0.02	0.35	0.62	0.34	0.16	0.14	-0.85	0.06	0.46
Total Current Liabilities	0.62	0.79		0.46	0.88	0.56	0.55	0.04	-0.88	0.54	0.25	0.58	0.67	0.85	0.59	-0.04	0.71	0.49	0.82	0.94	0.79	0.62	0.66	-0.91	0.61	0.79
Total Stockholder Equity	0.85	-0.08	0.46		0.59	0.98	0.95	-0.42	-0.76	0.78	0.68	0.95	0.6	0.67	0.86	-0.19	0.79	0.56	0.87	0.66	0.8	0.6	0.91	-0.2	0.83	0.73
Other Liab	0.86	0.49	0.88	0.59		0.66	0.67	-0.27	-0.94	0.72	0.52	0.71	0.86	0.95	0.82	0.05	0.86	0.82	0.88	0.93	0.85	0.9	0.82	-0.7	0.86	0.83
Net Tangible Assets	0.87	0.04	0.56	0.98	0.66		0.95	-0.38	-0.82	0.81	0.64	0.96	0.68	0.73	0.88	-0.19	0.84	0.56	0.91	0.73	0.84	0.64	0.95	-0.27	0.85	0.78
Property Plant And Equipment Net	0.89	0.07	0.55	0.95	0.67	0.95		-0.29	-0.81	0.66	0.58	1.0	0.67	0.75	0.89	-0.17	0.86	0.64	0.9	0.74	0.76	0.69	0.92	-0.28	0.87	0.86
Net Debt	-0.51	0.58	0.04	-0.42	-0.27	-0.38	-0.29		0.21	-0.55	-0.93	-0.31	-0.42	-0.32	-0.54	0.12	-0.35	-0.55	-0.28	-0.08	-0.3	-0.48	-0.4	-0.16	-0.52	-0.06
Retained Earnings	-0.89	-0.47	-0.88	-0.76	-0.94	-0.82	-0.81	0.21		-0.8	-0.51	-0.84	-0.87	-0.97	-0.88	0.15	-0.94	-0.72	-0.98	-0.98	-0.95	-0.82	-0.93	0.67	-0.88	-0.88
Accounts Payable	0.82	0.02	0.54	0.78	0.72	0.81	0.66	-0.55	-0.8		0.71	0.7	0.78	0.76	0.82	-0.11	0.8	0.64	0.82	0.7	0.92	0.7	0.88	-0.29	0.82	0.52
Cash	0.74	-0.38	0.25	0.68	0.52	0.64	0.58	-0.93	-0.51	0.71		0.6	0.59	0.58	0.76	-0.16	0.6	0.69	0.59	0.39	0.57	0.65	0.66	-0.09	0.74	0.38
Non Current Assets Total	0.92	0.09	0.58	0.95	0.71	0.96	1.0	-0.31	-0.84	0.7	0.6		0.72	0.78	0.91	-0.18	0.89	0.67	0.91	0.77	0.79	0.73	0.94	-0.3	0.9	0.87
Non Currrent Assets Other	0.88	0.27	0.67	0.6	0.86	0.68	0.67	-0.42	-0.87	0.78	0.59	0.72		0.93	0.9	-0.2	0.93	0.86	0.81	0.82	0.79	0.92	0.87	-0.41	0.89	0.68
Other Assets	0.89	0.44	0.85	0.67	0.95	0.73	0.75	-0.32	-0.97	0.76	0.58	0.78	0.93		0.9	-0.2	0.95	0.82	0.93	0.95	0.89	0.89	0.88	-0.67	0.89	0.83
Cash And Short Term Investments	0.98	0.04	0.59	0.86	0.82	0.88	0.89	-0.54	-0.88	0.82	0.76	0.91	0.9	0.9		-0.2	0.96	0.87	0.9	0.79	0.84	0.9	0.96	-0.31	0.98	0.79
Net Receivables	-0.03	-0.02	-0.04	-0.19	0.05	-0.19	-0.17	0.12	0.15	-0.11	-0.16	-0.18	-0.2	-0.2	-0.2		-0.2	0.11	-0.17	-0.17	-0.14	0.09	-0.17	0.1	-0.01	-0.17
Common Stock Shares Outstanding	0.95	0.27	0.71	0.79	0.86	0.84	0.86	-0.35	-0.94	0.8	0.6	0.89	0.93	0.95	0.96	-0.2		0.83	0.93	0.88	0.88	0.89	0.96	-0.45	0.94	0.8
Non Current Liabilities Total	0.89	0.02	0.49	0.56	0.82	0.56	0.64	-0.55	-0.72	0.64	0.69	0.67	0.86	0.82	0.87	0.11	0.83		0.69	0.65	0.63	0.98	0.75	-0.27	0.91	0.61
Capital Surpluse	0.91	0.35	0.82	0.87	0.88	0.91	0.9	-0.28	-0.98	0.82	0.59	0.91	0.81	0.93	0.9	-0.17	0.93	0.69		0.94	0.95	0.78	0.95	-0.6	0.9	0.89
Other Current Assets	0.79	0.62	0.94	0.66	0.93	0.73	0.74	-0.08	-0.98	0.7	0.39	0.77	0.82	0.95	0.79	-0.17	0.88	0.65	0.94		0.9	0.75	0.84	-0.79	0.79	0.89
Other Stockholder Equity	0.84	0.34	0.79	0.8	0.85	0.84	0.76	-0.3	-0.95	0.92	0.57	0.79	0.79	0.89	0.84	-0.14	0.88	0.63	0.95	0.9		0.72	0.91	-0.59	0.84	0.74
Total Liab	0.93	0.16	0.62	0.6	0.9	0.64	0.69	-0.48	-0.82	0.7	0.65	0.73	0.92	0.89	0.9	0.09	0.89	0.98	0.78	0.75	0.72		0.83	-0.36	0.94	0.7
Property Plant And Equipment Gross	0.96	0.14	0.66	0.91	0.82	0.95	0.92	-0.4	-0.93	0.88	0.66	0.94	0.87	0.88	0.96	-0.17	0.96	0.75	0.95	0.84	0.91	0.83		-0.36	0.95	0.81
Preferred Stock Total Equity	-0.33	-0.85	-0.91	-0.2	-0.7	-0.27	-0.28	-0.16	0.67	-0.29	-0.09	-0.3	-0.41	-0.67	-0.31	0.1	-0.45	-0.27	-0.6	-0.79	-0.59	-0.36	-0.36		-0.33	-0.62
Total Current Assets	1.0	0.06	0.61	0.83	0.86	0.85	0.87	-0.52	-0.88	0.82	0.74	0.9	0.89	0.89	0.98	-0.01	0.94	0.91	0.9	0.79	0.84	0.94	0.95	-0.33		0.78
Property Plant Equipment	0.79	0.46	0.79	0.73	0.83	0.78	0.86	-0.06	-0.88	0.52	0.38	0.87	0.68	0.83	0.79	-0.17	0.8	0.61	0.89	0.89	0.74	0.7	0.81	-0.62	0.78

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Alector Account Relationship Matchups

Alector fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	421.9M	488.3M	814.7M	787.6M	621.8M	513.3M
Other Current Liab	(5.2M)	9.8M	(55.1M)	(14.9M)	82.7M	86.9M
Total Current Liabilities	31.8M	44.2M	48.2M	45.6M	177.9M	186.8M
Total Stockholder Equity	194.7M	267.5M	300.7M	214.4M	134.2M	128.9M
Other Liab	123.7M	108.9M	334.6M	444.1M	510.7M	536.3M
Net Tangible Assets	194.7M	267.5M	300.7M	214.4M	246.6M	126.2M
Property Plant And Equipment Net	62.3M	62.7M	57.9M	53.3M	47.1M	41.2M
Net Debt	(41.6M)	1.3M	(281.6M)	(111.0M)	(35.6M)	(37.4M)
Retained Earnings	(219.8M)	(410.0M)	(446.4M)	(579.7M)	(710.1M)	(674.6M)
Accounts Payable	278K	3.0M	4.7M	4.2M	3.8M	2.5M
Cash	89.6M	50.0M	329.2M	154.3M	74.6M	116.4M
Non Current Assets Total	64.5M	66.7M	64.9M	61.2M	56.0M	46.0M
Non Currrent Assets Other	676K	2.6M	5.6M	6.4M	7.4M	3.8M
Other Assets	2.1M	4.1M	7.0M	7.9M	9.1M	9.5M
Cash And Short Term Investments	353.1M	413.3M	735.3M	712.9M	548.9M	431.3M
Net Receivables	200.2M	0.0	7.4M	2.6M	2.3M	2.2M
Common Stock Shares Outstanding	61.7M	77.8M	80.4M	82.5M	83.7M	76.6M
Liabilities And Stockholders Equity	421.9M	488.3M	814.7M	787.6M	621.8M	513.3M
Non Current Liabilities Total	195.4M	176.5M	465.7M	527.6M	309.7M	330.8M
Capital Surpluse	17.1M	414.4M	677.0M	748.0M	860.2M	903.3M
Other Current Assets	4.4M	8.2M	7.1M	11.0M	16.9M	17.8M
Other Stockholder Equity	(7.5M)	677.0M	748.0M	798.7M	844.0M	886.2M
Total Liab	227.2M	220.7M	513.9M	573.2M	487.7M	384.4M
Property Plant And Equipment Gross	33.9M	62.7M	75.2M	75.9M	75.1M	46.6M
Total Current Assets	357.4M	421.5M	749.7M	726.4M	565.8M	467.3M
Accumulated Other Comprehensive Income	142K	614K	(943K)	(4.6M)	184K	193.2K
Property Plant Equipment	62.3M	30.2M	27.3M	53.3M	61.3M	64.4M
Current Deferred Revenue	30.2M	23.9M	90.8M	48.2M	83.0M	51.8M
Net Invested Capital	194.7M	267.5M	300.7M	214.4M	134.2M	151.2M
Non Current Liabilities Other	493K	152.6M	374.4M	759K	1.4M	1.3M
Net Working Capital	295.5M	353.4M	610.2M	632.6M	387.9M	429.1M
Short Term Investments	263.4M	363.3M	406.1M	558.5M	474.3M	420.0M
Short Term Debt	6.6M	7.5M	7.8M	8.1M	8.5M	9.8M

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When determining whether Alector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alector's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alector Stock:

How To Invest In Alector

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Is Alector Stock a good investment?

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What is Alector's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

Note that the Alector information on this page should be used as a complementary analysis to other Alector's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Alector's price analysis, check to measure Alector's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alector is operating at the current time. Most of Alector's value examination focuses on studying past and present price action to predict the probability of Alector's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alector's price. Additionally, you may evaluate how the addition of Alector to your portfolios can decrease your overall portfolio volatility.

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Is Alector's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alector. If investors know Alector will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alector listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.86)

Earnings Share

(1.39)

Revenue Per Share

1.116

Quarterly Revenue Growth

(0.04)

Return On Assets

(0.13)

The market value of Alector is measured differently than its book value, which is the value of Alector that is recorded on the company's balance sheet. Investors also form their own opinion of Alector's value that differs from its market value or its book value, called intrinsic value, which is Alector's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alector's market value can be influenced by many factors that don't directly affect Alector's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Alector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Alector Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

Alector fundamental ratios Correlations

Alector Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alector fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Liab	+ 0.98	Non Current Liabilities Total

Other Current Assets	- 0.98	Retained Earnings
Capital Surpluse	- 0.98	Retained Earnings
Other Assets	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Other Liab