Alector Net Working Capital from 2010 to 2025

ALEC Stock  USD 1.71  0.01  0.58%   
Alector's Net Working Capital is increasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 429.1 M. During the period from 2010 to 2025 Alector Net Working Capital annual values regression line had geometric mean of  288,785,813 and mean square error of 9490.1 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
446 M
Current Value
429.1 M
Quarterly Volatility
147.4 M
 
Credit Downgrade
 
Yuan Drop
 
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 1.72, Dividend Yield of 0.0 or PTB Ratio of 1.51. 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Alector over the last few years. It is Alector's Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Alector Net Working Capital Regression Statistics

Arithmetic Mean315,276,189
Geometric Mean288,785,813
Coefficient Of Variation46.76
Mean Deviation120,937,361
Median245,228,000
Standard Deviation147,425,506
Sample Variance21734.3T
Range427.1M
R-Value0.77
Mean Square Error9490.1T
R-Squared0.59
Significance0.0005
Slope23,834,799
Total Sum of Squares326014.2T

Alector Net Working Capital History

2025429.1 M
2024446 M
2023387.9 M
2022632.6 M
2021610.2 M
2020353.4 M
2019295.5 M

About Alector Financial Statements

Alector stakeholders use historical fundamental indicators, such as Alector's Net Working Capital, 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 Working Capital446 M429.1 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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
(1.66)
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.