Alignment Reconciled Depreciation vs Other Operating Expenses Analysis

ALHC Stock  USD 7.26  0.27  3.86%   
Alignment Healthcare financial indicator trend analysis is way more than just evaluating Alignment Healthcare LLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alignment Healthcare LLC is a good investment. Please check the relationship between Alignment Healthcare Reconciled Depreciation and its Other Operating Expenses accounts. 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.

Reconciled Depreciation vs Other Operating Expenses

Reconciled Depreciation vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alignment Healthcare LLC Reconciled Depreciation account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Alignment Healthcare's Reconciled Depreciation and Other Operating Expenses is 0.78. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Alignment Healthcare LLC, assuming nothing else is changed. The correlation between historical values of Alignment Healthcare's Reconciled Depreciation and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Alignment Healthcare LLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Alignment Healthcare's Reconciled Depreciation and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alignment Healthcare LLC. It is also known as Alignment Healthcare overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Alignment Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Enterprise Value is expected to grow to about 2.7 B, whereas Tax Provision is forecasted to decline to about 112.9 K.
 2021 2022 2023 2024 (projected)
Interest Expense17.4M18.3M21.2M19.5M
Depreciation And Amortization16.3M17.3M21.7M19.1M

Alignment Healthcare fundamental ratios Correlations

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Click cells to compare fundamentals

Alignment Healthcare Account Relationship Matchups

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When determining whether Alignment Healthcare LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alignment Healthcare'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 Alignment Healthcare Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alignment Healthcare Llc Stock:
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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.