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Alight's quarterly cash and cash equivalents increased from Jun. 2024 ($183.00 Mil) to Sep. 2024 ($300.00 Mil) and increased from Sep. 2024 ($300.00 Mil) to Dec. 2024 ($343.00 Mil).
Alight's annual cash and cash equivalents increased from Dec. 2022 ($250.00 Mil) to Dec. 2023 ($358.00 Mil) but then declined from Dec. 2023 ($358.00 Mil) to Dec. 2024 ($343.00 Mil).
The historical data trend for Alight's Cash And Cash Equivalents can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Alight Annual Data | ||||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Cash And Cash Equivalents | Get a 7-Day Free Trial | 506.00 | 372.00 | 250.00 | 358.00 | 343.00 |
Alight Quarterly Data | ||||||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Cash And Cash Equivalents | Get a 7-Day Free Trial |
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358.00 | 256.00 | 183.00 | 300.00 | 343.00 |
Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.
Alight (NYSE:ALIT) Cash And Cash Equivalents Explanation
A high number means either:
1) The company has competitive advantage generating lots of cash
2) Just sold a business or bonds (not necessarily good)
A low stockpile of cash usually means poor to mediocre economics.
There are 3 ways to create large cash reserve.
1) Sell new bonds or equity to public
2) Sell business or asset
3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)
When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.
Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.
Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.
Be Aware
Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.
Thank you for viewing the detailed overview of Alight's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.
Gregory R Goff | officer: See Remarks | C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602 |
Gregory A. George | officer: Chief Commercial Officer | 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Foley William P Ii | director | FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204 |
Katie J. Rooney | officer: Chief Financial Officer | C/O ALIGHT INC., 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Stephan Scholl | director, officer: Chief Executive Officer | 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Dinesh V Tulsiani | officer: Chief Strategy Officer | C/O ALIGHT, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134 |
Richard N Massey | director, officer: Chief Executive Officer | 900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211 |
Blackstone Management Associates Vii Nq L.l.c. | 10 percent owner | C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154 |
Bx Tempo Ml Holdco 1 L.p. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Blackstone Holdings I/ii Gp L.l.c. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Kausik Rajgopal | director | 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Lenore D Williams | director | 601 RIVERSIDE AVE, JACKSONVILLE FL 32204 |
Martin Felli | officer: See Remarks | 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069 |
Blackstone Capital Partners Vii.2 (ipo) Nq L.p. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Bx Tempo Ml Holdco 1 Gp L.l.c. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
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