Alector Other Non Cash Items from 2010 to 2024

ALEC Stock  USD 2.51  0.08  3.09%   
Alector's Other Non Cash Items is increasing over the years with slightly volatile fluctuation. Other Non Cash Items is expected to dwindle to about -16 M. During the period from 2010 to 2024 Alector Other Non Cash Items annual values regression line had coefficient of variation of (90.95) and r-squared of  0.72. View All Fundamentals
 
Other Non Cash Items  
First Reported
2018-03-31
Previous Quarter
10.8 M
Current Value
-71 M
Quarterly Volatility
15.5 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 Other Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Alector over the last few years. It is Alector's Other Non Cash Items 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.
Other Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Alector Other Non Cash Items Regression Statistics

Arithmetic Mean(80,883,767)
Coefficient Of Variation(90.95)
Mean Deviation70,753,316
Median(147,215,000)
Standard Deviation73,562,980
Sample Variance5411.5T
Range149.3M
R-Value0.85
Mean Square Error1619.3T
R-Squared0.72
Significance0.00006
Slope13,978,327
Total Sum of Squares75761.2T

Alector Other Non Cash Items History

2024-16 M
2023-15.3 M
2022-1.2 M
20212.1 M
2020929 K
2019-3.5 M
2018-2.6 M

About Alector Financial Statements

Alector stakeholders use historical fundamental indicators, such as Alector's Other Non Cash Items, 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
Other Non Cash Items-15.3 M-16 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.