Alignment Historical Income Statement
| ALHC Stock | USD 6.63 1.37 26.05% |
Historical analysis of Alignment Healthcare income statement accounts such as Depreciation And Amortization of 19.1 M, Interest Expense of 19.5 M or Selling General Administrative of 250.9 M can show how well Alignment Healthcare LLC performed in making a profits. Evaluating Alignment Healthcare income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alignment Healthcare's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Alignment Healthcare LLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alignment Healthcare LLC is a good buy for the upcoming year.
Alignment |
About Alignment Income Statement Analysis
Alignment Healthcare LLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alignment Healthcare shareholders. The income statement also shows Alignment investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Alignment Healthcare Income Statement Chart
Alignment Healthcare LLC Income Statement is one of the three primary financial statements used for reporting Alignment's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alignment Healthcare LLC revenue and expense. Alignment Healthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year's Total Other Income Expense Net is expected to grow to about 895.6 K, whereas Net Interest Income is forecasted to decline to (21.6 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Alignment Healthcare LLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Alignment Healthcare LLC minus its cost of goods sold. It is profit before Alignment Healthcare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Alignment Healthcare LLC financial statement analysis. It represents the amount of money remaining after all of Alignment Healthcare LLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Alignment Healthcare's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alignment Healthcare LLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Alignment Healthcare LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. The current year's Total Other Income Expense Net is expected to grow to about 895.6 K, whereas Net Interest Income is forecasted to decline to (21.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 17.4M | 18.3M | 21.2M | 19.5M | Depreciation And Amortization | 16.3M | 17.3M | 21.7M | 19.1M |
Alignment Healthcare income statement Correlations
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Alignment Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Alignment Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alignment Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alignment Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with Alignment Stock
| 0.72 | DH | Definitive Healthcare | PairCorr |
Moving against Alignment Stock
| 0.84 | HIMS | Hims Hers Health Financial Report 13th of May 2024 | PairCorr |
| 0.75 | SEM | Select Medical Holdings Buyout Trend | PairCorr |
| 0.65 | EHAB | Enhabit Earnings Call This Week | PairCorr |
| 0.65 | EHC | Encompass Health Corp | PairCorr |
| 0.63 | UHS | Universal Health Services | PairCorr |
The ability to find closely correlated positions to Alignment Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alignment Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alignment Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alignment Healthcare LLC to buy it.
The correlation of Alignment Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alignment Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alignment Healthcare LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alignment Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alignment Healthcare LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Alignment Healthcare LLC information on this page should be used as a complementary analysis to other Alignment Healthcare'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Alignment Stock analysis
When running Alignment Healthcare's price analysis, check to measure Alignment Healthcare'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 Alignment Healthcare is operating at the current time. Most of Alignment Healthcare's value examination focuses on studying past and present price action to predict the probability of Alignment Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alignment Healthcare's price. Additionally, you may evaluate how the addition of Alignment Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Alignment Healthcare'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 Alignment Healthcare. If investors know Alignment 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 Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 10.726 | Quarterly Revenue Growth 0.431 | Return On Assets (0.12) | Return On Equity (0.88) |
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment Healthcare'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 Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment Healthcare'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 Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment Healthcare'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.