Alight Inc (ALIT)
7.88
+0.13
(+1.68%)
USD |
NYSE |
Nov 21, 16:00
7.95
+0.07
(+0.89%)
Pre-Market: 20:00
Alight Debt to Equity Ratio: 0.4699 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.4699 |
| June 30, 2024 | 0.6215 |
| March 31, 2024 | 0.6167 |
| December 31, 2023 | 0.6262 |
| September 30, 2023 | 0.6189 |
| June 30, 2023 | 0.6221 |
| March 31, 2023 | 0.6226 |
| December 31, 2022 | 0.636 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.6513 |
| June 30, 2022 | 0.658 |
| March 31, 2022 | 0.6798 |
| December 31, 2021 | 0.6928 |
| September 30, 2021 | 0.748 |
| June 30, 2021 | 5.893 |
| March 31, 2021 | |
| December 31, 2020 | 5.971 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.4699
Minimum
Sep 2024
5.971
Maximum
Dec 2020
1.342
Average
0.636
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Cognizant Technology Solutions Corp | 0.0841 |
| ExlService Holdings Inc | 0.3798 |
| Castellum Inc | 0.8495 |
| BM Technologies Inc | 0.00 |
| Marti Technologies Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.271B |
| Total Liabilities (Quarterly) | 3.945B |
| Shareholders Equity (Quarterly) | 4.322B |
| Current Ratio | 1.297 |
| Net Debt Paydown Yield | 3.95% |