Alector Net Debt from 2010 to 2024

ALEC Stock  USD 2.55  0.02  0.78%   
Alector's Net Debt is decreasing over the years with stable fluctuation. Net Debt is expected to dwindle to about -37.4 M. Net Debt is the total debt of Alector minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2017-12-31
Previous Quarter
-11.4 M
Current Value
-2.5 M
Quarterly Volatility
117.4 M
 
Covid
Check Alector financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alector's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.6 M, Interest Expense of 19.6 M or Selling General Administrative of 39.5 M, as well as many indicators such as Price To Sales Ratio of 6.54, Dividend Yield of 0.0 or PTB Ratio of 5.23. Alector financial statements analysis is a perfect complement when working with Alector Valuation or Volatility modules.
  
Check out the analysis of Alector Correlation against competitors.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

Latest Alector's Net Debt Growth Pattern

Below is the plot of the Net Debt of Alector over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Alector's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alector's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Pretty Stable
   Net Debt   
       Timeline  

Alector Net Debt Regression Statistics

Arithmetic Mean(63,980,523)
Geometric Mean43,780,224
Coefficient Of Variation(100.62)
Mean Deviation35,476,724
Median(50,838,000)
Standard Deviation64,377,331
Sample Variance4144.4T
Range282.8M
R-Value(0.22)
Mean Square Error4251.3T
R-Squared0.05
Significance0.44
Slope(3,136,761)
Total Sum of Squares58022.2T

Alector Net Debt History

2024-37.4 M
2023-35.6 M
2022-111 M
2021-281.6 M
20201.3 M
2019-41.6 M
2018-65.5 M

Other Fundumenentals of Alector

Alector Net Debt component correlations

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0.850.98-0.42-0.760.78-0.190.870.60.830.730.651.00.830.930.77-0.930.93-0.91
0.870.98-0.38-0.820.81-0.190.910.640.850.780.730.980.820.970.82-0.950.96-0.9
-0.51-0.42-0.380.21-0.550.12-0.28-0.48-0.52-0.06-0.64-0.41-0.64-0.28-0.320.26-0.270.23
-0.89-0.76-0.820.21-0.80.15-0.98-0.82-0.88-0.88-0.8-0.8-0.83-0.91-0.940.91-0.930.84
0.820.780.81-0.55-0.8-0.110.820.70.820.520.790.770.880.780.89-0.730.78-0.62
-0.03-0.19-0.190.120.15-0.11-0.170.09-0.01-0.17-0.15-0.15-0.16-0.17-0.160.17-0.170.17
0.910.870.91-0.28-0.980.82-0.170.780.90.890.790.90.860.960.92-0.970.97-0.9
0.930.60.64-0.48-0.820.70.090.780.940.70.830.650.850.740.83-0.720.75-0.68
1.00.830.85-0.52-0.880.82-0.010.90.940.780.850.870.940.90.9-0.880.9-0.85
0.790.730.78-0.06-0.880.52-0.170.890.70.780.640.770.690.890.79-0.920.9-0.93
0.840.650.73-0.64-0.80.79-0.150.790.830.850.640.670.80.760.76-0.720.76-0.61
0.881.00.98-0.41-0.80.77-0.150.90.650.870.770.670.850.950.79-0.950.95-0.93
0.940.830.82-0.64-0.830.88-0.160.860.850.940.690.80.850.830.91-0.820.83-0.8
0.920.930.97-0.28-0.910.78-0.170.960.740.90.890.760.950.830.88-0.991.0-0.94
0.90.770.82-0.32-0.940.89-0.160.920.830.90.790.760.790.910.88-0.850.88-0.81
-0.9-0.93-0.950.260.91-0.730.17-0.97-0.72-0.88-0.92-0.72-0.95-0.82-0.99-0.85-0.990.97
0.910.930.96-0.27-0.930.78-0.170.970.750.90.90.760.950.831.00.88-0.99-0.95
-0.87-0.91-0.90.230.84-0.620.17-0.9-0.68-0.85-0.93-0.61-0.93-0.8-0.94-0.810.97-0.95
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About Alector Financial Statements

Alector stakeholders use historical fundamental indicators, such as Alector's Net Debt, to determine how well the company is positioned to perform in the future. Although Alector investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alector's assets and liabilities are reflected in the revenues and expenses on Alector's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alector. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt-35.6 M-37.4 M
Net Debt To EBITDA 0.25  0.24 

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When determining whether Alector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alector'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 Alector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alector Stock:
Check out the analysis of Alector Correlation against competitors.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Biotechnology space 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 Alector. If investors know Alector 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 Alector listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(1.71)
Revenue Per Share
0.661
Quarterly Revenue Growth
0.684
Return On Assets
(0.19)
The market value of Alector is measured differently than its book value, which is the value of Alector that is recorded on the company's balance sheet. Investors also form their own opinion of Alector's value that differs from its market value or its book value, called intrinsic value, which is Alector'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 Alector's market value can be influenced by many factors that don't directly affect Alector'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 Alector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alector'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.