Alignment Financial Statements From 2010 to 2022

ALHC
 Stock
  

USD 17.91  1.13  6.73%   

Alignment Healthcare financial statements provide useful quarterly and yearly information to potential Alignment Healthcare investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Alignment Healthcare financial statements helps investors assess Alignment Healthcare's valuation, profitability, and current liquidity needs.
Alignment Healthcare does not presently have any fundamental signals for analysis.
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Check Alignment Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alignment main balance sheet or income statement drivers, such as Cost of Revenue of 1 B, Gross Profit of 143.1 M or Interest Expense of 18.7 M, as well as many exotic indicators such as Asset Turnover of 2.06, Book Value per Share of 1.92 or Current Ratio of 2.9. Alignment financial statements analysis is a perfect complement when working with Alignment Healthcare Valuation or Volatility modules. It can also supplement Alignment Healthcare's financial leverage analysis and stock options assessment as well as various Alignment Healthcare Technical models . Please continue to the analysis of Alignment Healthcare Correlation against competitors.

Alignment Healthcare Revenues

1.17 Billion

Alignment Healthcare Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets556.5 M630.9 M266.2 M
Increasing
Slightly volatile
Cash and Equivalents392.3 M466.6 M148.5 M
Increasing
Slightly volatile
Property Plant and Equipment Net39.9 M38.2 M30 M
Increasing
Slightly volatile
Trade and Non Trade Receivables56.7 M58.5 M39.4 M
Increasing
Slightly volatile
Trade and Non Trade Payables150.6 M143.3 M123 M
Increasing
Slightly volatile
Goodwill and Intangible Assets38.7 M35.1 M35.2 M
Increasing
Slightly volatile
Total Liabilities345.6 M324.8 M284.6 M
Increasing
Slightly volatile
Shareholders Equity330.2 M306 M(9.3 M)
Increasing
Slightly volatile
Current Assets473.3 M552.9 M197.3 M
Increasing
Slightly volatile
Assets Non Current83.1 M78 M68.9 M
Increasing
Slightly volatile
Current Liabilities175 M167.2 M138.3 M
Increasing
Slightly volatile
Liabilities Non Current170.5 M157.6 M146.3 M
Increasing
Slightly volatile
Total Debt169.8 M157.6 M143.2 M
Increasing
Slightly volatile
Debt Non Current169.8 M157.6 M143.2 M
Increasing
Slightly volatile
Shareholders Equity USD330.2 M306 M(9.3 M)
Increasing
Slightly volatile
Cash and Equivalents USD392.3 M466.6 M148.5 M
Increasing
Slightly volatile
Total Debt USD169.8 M157.6 M143.2 M
Increasing
Slightly volatile

Alignment Healthcare Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues1.2 B1.2 B836 M
Increasing
Slightly volatile
Cost of RevenueBB728.8 M
Increasing
Slightly volatile
Selling General and Administrative Expense260.7 M291 M139.2 M
Increasing
Slightly volatile
Operating Expenses278 M306.6 M154.7 M
Increasing
Slightly volatile
Interest Expense18.7 M17.4 M15.5 M
Increasing
Slightly volatile
Weighted Average Shares179.3 M172 M143.2 M
Increasing
Slightly volatile
Weighted Average Shares Diluted179.3 M172 M143.2 M
Increasing
Slightly volatile
Revenues USD1.2 B1.2 B836 M
Increasing
Slightly volatile
Gross Profit143.1 M128.7 M107.2 M
Increasing
Slightly volatile

Alignment Healthcare Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals(1.1 M)(1.1 M)(217.5 K)
Decreasing
Slightly volatile
Net Cash Flow from Financing294.3 M360.1 M100.9 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities 48.4 M48.7 M53.3 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares388.5 M360.1 M66.5 M
Increasing
Slightly volatile
Net Cash Flow from Operations(80.8 M)(78.8 M)(4.6 M)
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents220.8 M260.5 M86.1 M
Increasing
Slightly volatile
Share Based Compensation119.3 M110.6 M18.7 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion20.1 M18.8 M17.1 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Return on Average Equity(0.6)(0.589)0.7146
Decreasing
Slightly volatile
Gross Margin0.150.110.1301
Increasing
Slightly volatile
EBITDA Margin(0.14)(0.136)(0.0342)
Decreasing
Slightly volatile
Asset Turnover2.061.7713.3462
Decreasing
Slightly volatile
Sales per Share7.176.7915.8454
Increasing
Slightly volatile
Price to Sales Ratio1.851.862.0371
Decreasing
Slightly volatile
Price to Book Value7.697.748.4659
Decreasing
Slightly volatile
Debt to Equity Ratio1.091.061(1.7208)
Increasing
Slightly volatile
Current Ratio2.93.3061.3622
Increasing
Slightly volatile
Book Value per Share1.921.78(0.1452)
Increasing
Slightly volatile
Tangible Assets Book Value per Share3.13.4651.5557
Increasing
Slightly volatile

Alignment Healthcare Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(163.3 M)(159.1 M)(34.1 M)
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD(163.3 M)(159.1 M)(34.1 M)
Decreasing
Slightly volatile
Market Capitalization2.4 B2.4 B2.6 B
Decreasing
Slightly volatile
Enterprise ValueB2.1 B2.3 B
Decreasing
Slightly volatile
Invested Capital120.2 M119.5 M87.2 M
Increasing
Slightly volatile
Average Equity263.4 M331.4 M25.4 M
Increasing
Slightly volatile
Average Assets614.8 M659.3 M323.1 M
Increasing
Slightly volatile
Invested Capital Average116.7 M111.6 M92.5 M
Increasing
Slightly volatile
Tangible Asset Value517.8 M595.8 M230.9 M
Increasing
Slightly volatile
Working Capital416.1 M385.6 M68 M
Increasing
Slightly volatile

Alignment Fundamental Market Drivers

Short Percent Of Float3.26%
Forward Price Earnings-16.39
Shares Short Prior Month3.3M
Average Daily Volume Last 10 Day346.44k
Average Daily Volume In Three Month399.42k
Date Short Interest15th of July 2022
Fifty Day Average12.39
Two Hundred Day Average12.35

Alignment Upcoming Events

Upcoming Quarterly Report3rd of February 2022
Next Financial Report16th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Alignment Healthcare Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alignment Healthcare income statement, its balance sheet, and the statement of cash flows. Alignment Healthcare investors use historical funamental indicators, such as Alignment Healthcare's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alignment Healthcare investors may use each financial statement separately, they are all related. The changes in Alignment Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alignment Healthcare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alignment Healthcare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alignment Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of RevenueBB
Revenues1.2 B1.2 B
Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. The company was founded in 2013 and is based in Orange, California. Alignment Healthcare operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. It employs 847 people.

Alignment Healthcare Investors Sentiment

The influence of Alignment Healthcare's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alignment. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Alignment Healthcare's public news can be used to forecast risks associated with investment in Alignment. The trend in average sentiment can be used to explain how an investor holding Alignment can time the market purely based on public headlines and social activities around Alignment Healthcare. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Alignment Healthcare's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alignment Healthcare's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alignment Healthcare's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Alignment Healthcare.

Alignment Healthcare Implied Volatility

    
  183.36  
Alignment Healthcare's implied volatility exposes the market's sentiment of Alignment Healthcare stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alignment Healthcare's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alignment Healthcare stock will not fluctuate a lot when Alignment Healthcare's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alignment Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alignment Healthcare's short interest history, or implied volatility extrapolated from Alignment Healthcare options trading.

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 against Alignment Healthcare

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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 to buy it.
The correlation of Alignment Healthcare is a statistical measure of how it moves in relation to other equities. 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 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.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Alignment Healthcare Correlation against competitors. Note that the Alignment Healthcare 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Alignment Healthcare 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 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.
Market Capitalization
3.4 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
-0.12
Return On Equity
-0.46
The market value of Alignment Healthcare 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 Alignment Healthcare value 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.