Alector Research Development vs Gross Profit Analysis

ALEC Stock

USD 1.70 0.03 1.80%

Alector financial indicator trend analysis is way more than just evaluating Alector prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alector is a good investment. Please check the relationship between Alector Research Development and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

Research Development vs Gross Profit

Research Development vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alector Research Development account and Gross Profit. At this time, the significance of the direction appears to have no relationship.

The correlation between Alector's Research Development and Gross Profit is 0.09. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Alector, assuming nothing else is changed. The correlation between historical values of Alector's Research Development and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Alector are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Research Development i.e., Alector's Research Development and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Research Development

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Alector minus its cost of goods sold. It is profit before Alector operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Alector's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alector current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.At present, Alector's Enterprise Value is projected to decrease significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	271.5M	248.8M	286.1M	172.4M
Cost Of Revenue	8.5M	192.1M	220.9M	232.0M

Total Operating Expenses Cost Of Revenue

Alector fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Property Plant Equipment
Total Assets		0.69	0.66	0.85	0.88	0.88	0.9	-0.42	-0.91	0.84	0.69	0.92	0.8	0.91	0.99	-0.05	0.94	0.89	0.92	0.79	0.85	0.94	0.96	-0.31	1.0	0.82
Other Current Liab	0.69		0.98	0.47	0.9	0.59	0.58	0.05	-0.89	0.7	0.26	0.62	0.96	0.9	0.68	-0.11	0.83	0.58	0.83	0.92	0.88	0.73	0.75	-0.76	0.7	0.76
Total Current Liabilities	0.66	0.98		0.46	0.88	0.58	0.58	0.11	-0.86	0.62	0.21	0.62	0.92	0.85	0.63	-0.07	0.78	0.51	0.81	0.9	0.84	0.68	0.71	-0.78	0.65	0.8
Total Stockholder Equity	0.85	0.47	0.46		0.61	0.98	0.95	-0.39	-0.77	0.77	0.67	0.94	0.54	0.69	0.85	-0.2	0.76	0.57	0.88	0.7	0.78	0.61	0.88	-0.2	0.83	0.75
Other Liab	0.88	0.9	0.88	0.61		0.69	0.71	-0.2	-0.93	0.77	0.5	0.75	0.95	0.96	0.85	0.03	0.88	0.84	0.89	0.86	0.89	0.92	0.85	-0.63	0.89	0.84
Net Tangible Assets	0.88	0.59	0.58	0.98	0.69		0.96	-0.32	-0.85	0.83	0.62	0.96	0.63	0.75	0.89	-0.2	0.84	0.59	0.92	0.77	0.83	0.68	0.94	-0.24	0.87	0.8
Property Plant And Equipment Net	0.9	0.58	0.58	0.95	0.71	0.96		-0.24	-0.84	0.7	0.56	1.0	0.65	0.77	0.9	-0.18	0.85	0.66	0.91	0.79	0.77	0.72	0.91	-0.28	0.88	0.88
Net Debt	-0.42	0.05	0.11	-0.39	-0.2	-0.32	-0.24		0.15	-0.44	-0.92	-0.25	-0.13	-0.25	-0.46	0.11	-0.22	-0.5	-0.22	0.08	-0.19	-0.38	-0.3	-0.17	-0.44	-0.01
Retained Earnings	-0.91	-0.89	-0.86	-0.77	-0.93	-0.85	-0.84	0.15		-0.85	-0.48	-0.87	-0.92	-0.96	-0.91	0.16	-0.95	-0.74	-0.97	-0.94	-0.95	-0.86	-0.95	0.51	-0.91	-0.88
Accounts Payable	0.84	0.7	0.62	0.77	0.77	0.83	0.7	-0.44	-0.85		0.65	0.73	0.74	0.8	0.85	-0.13	0.84	0.66	0.84	0.73	0.91	0.75	0.9	-0.27	0.85	0.58
Cash	0.69	0.26	0.21	0.67	0.5	0.62	0.56	-0.92	-0.48	0.65		0.57	0.43	0.56	0.72	-0.16	0.51	0.67	0.56	0.28	0.51	0.59	0.59	-0.11	0.7	0.37
Non Current Assets Total	0.92	0.62	0.62	0.94	0.75	0.96	1.0	-0.25	-0.87	0.73	0.57		0.69	0.81	0.92	-0.19	0.88	0.69	0.93	0.81	0.8	0.76	0.94	-0.29	0.91	0.88
Non Currrent Assets Other	0.8	0.96	0.92	0.54	0.95	0.63	0.65	-0.13	-0.92	0.74	0.43	0.69		0.97	0.81	-0.19	0.9	0.74	0.87	0.9	0.88	0.85	0.81	-0.69	0.81	0.8
Other Assets	0.91	0.9	0.85	0.69	0.96	0.75	0.77	-0.25	-0.96	0.8	0.56	0.81	0.97		0.92	-0.21	0.95	0.83	0.93	0.9	0.91	0.91	0.9	-0.6	0.91	0.84
Cash And Short Term Investments	0.99	0.68	0.63	0.85	0.85	0.89	0.9	-0.46	-0.91	0.85	0.72	0.92	0.81	0.92		-0.21	0.94	0.87	0.92	0.78	0.84	0.91	0.96	-0.3	0.98	0.81
Net Receivables	-0.05	-0.11	-0.07	-0.2	0.03	-0.2	-0.18	0.11	0.16	-0.13	-0.16	-0.19	-0.19	-0.21	-0.21		-0.2	0.09	-0.18	-0.18	-0.15	0.06	-0.18	0.09	-0.03	-0.19
Common Stock Shares Outstanding	0.94	0.83	0.78	0.76	0.88	0.84	0.85	-0.22	-0.95	0.84	0.51	0.88	0.9	0.95	0.94	-0.2		0.8	0.93	0.9	0.89	0.9	0.96	-0.43	0.93	0.82
Non Current Liabilities Total	0.89	0.58	0.51	0.57	0.84	0.59	0.66	-0.5	-0.74	0.66	0.67	0.69	0.74	0.83	0.87	0.09	0.8		0.71	0.59	0.65	0.96	0.76	-0.27	0.91	0.64
Capital Surpluse	0.92	0.83	0.81	0.88	0.89	0.92	0.91	-0.22	-0.97	0.84	0.56	0.93	0.87	0.93	0.92	-0.18	0.93	0.71		0.93	0.96	0.8	0.95	-0.54	0.91	0.9
Other Current Assets	0.79	0.92	0.9	0.7	0.86	0.77	0.79	0.08	-0.94	0.73	0.28	0.81	0.9	0.9	0.78	-0.18	0.9	0.59	0.93		0.93	0.72	0.86	-0.65	0.78	0.85
Other Stockholder Equity	0.85	0.88	0.84	0.78	0.89	0.83	0.77	-0.19	-0.95	0.91	0.51	0.8	0.88	0.91	0.84	-0.15	0.89	0.65	0.96	0.93		0.76	0.91	-0.58	0.84	0.78
Total Liab	0.94	0.73	0.68	0.61	0.92	0.68	0.72	-0.38	-0.86	0.75	0.59	0.76	0.85	0.91	0.91	0.06	0.9	0.96	0.8	0.72	0.76		0.86	-0.34	0.95	0.74
Property Plant And Equipment Gross	0.96	0.75	0.71	0.88	0.85	0.94	0.91	-0.3	-0.95	0.9	0.59	0.94	0.81	0.9	0.96	-0.18	0.96	0.76	0.95	0.86	0.91	0.86		-0.32	0.95	0.83
Preferred Stock Total Equity	-0.31	-0.76	-0.78	-0.2	-0.63	-0.24	-0.28	-0.17	0.51	-0.27	-0.11	-0.29	-0.69	-0.6	-0.3	0.09	-0.43	-0.27	-0.54	-0.65	-0.58	-0.34	-0.32		-0.31	-0.56
Total Current Assets	1.0	0.7	0.65	0.83	0.89	0.87	0.88	-0.44	-0.91	0.85	0.7	0.91	0.81	0.91	0.98	-0.03	0.93	0.91	0.91	0.78	0.84	0.95	0.95	-0.31		0.81
Property Plant Equipment	0.82	0.76	0.8	0.75	0.84	0.8	0.88	-0.01	-0.88	0.58	0.37	0.88	0.8	0.84	0.81	-0.19	0.82	0.64	0.9	0.85	0.78	0.74	0.83	-0.56	0.81

Click cells to compare fundamentals

Alector Account Relationship Matchups

Alector fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	488.3M	814.7M	787.6M	621.8M	715.1M	513.3M
Other Current Liab	26.2M	28.4M	33.3M	82.7M	95.1M	99.9M
Total Current Liabilities	44.2M	48.2M	45.6M	177.9M	204.6M	214.9M
Total Stockholder Equity	267.5M	300.7M	214.4M	134.2M	154.3M	128.9M
Other Liab	123.7M	108.9M	334.6M	444.1M	510.7M	536.3M
Net Tangible Assets	194.7M	267.5M	300.7M	214.4M	246.6M	126.2M
Property Plant And Equipment Net	62.7M	57.9M	53.3M	47.1M	54.1M	41.2M
Net Debt	1.3M	(281.6M)	(111.0M)	(35.6M)	(32.1M)	(33.7M)
Retained Earnings	(410.0M)	(446.4M)	(579.7M)	(710.1M)	(639.1M)	(607.1M)
Accounts Payable	3.0M	4.7M	4.2M	3.8M	4.3M	2.5M
Cash	50.0M	329.2M	154.3M	74.6M	85.7M	116.4M
Non Current Assets Total	66.7M	64.9M	61.2M	56.0M	64.4M	46.0M
Non Currrent Assets Other	2.6M	5.6M	6.4M	9.0M	10.3M	10.8M
Other Assets	2.1M	4.1M	7.0M	7.9M	9.1M	9.5M
Cash And Short Term Investments	413.3M	735.3M	712.9M	548.9M	631.2M	431.3M
Common Stock Shares Outstanding	77.8M	80.4M	82.5M	83.7M	96.3M	76.6M
Liabilities And Stockholders Equity	488.3M	814.7M	787.6M	621.8M	715.1M	513.3M
Non Current Liabilities Total	176.5M	465.7M	527.6M	309.7M	356.2M	330.8M
Capital Surpluse	17.1M	414.4M	677.0M	748.0M	860.2M	903.3M
Other Current Assets	16.4M	7.1M	11.0M	16.9M	19.5M	20.5M
Other Stockholder Equity	677.0M	748.0M	798.7M	844.0M	970.7M	1.0B
Total Liab	220.7M	513.9M	573.2M	487.7M	560.8M	384.4M
Property Plant And Equipment Gross	62.7M	75.2M	75.9M	75.1M	86.4M	46.6M
Total Current Assets	421.5M	749.7M	726.4M	565.8M	650.7M	467.3M
Accumulated Other Comprehensive Income	614K	(943K)	(4.6M)	184K	165.6K	173.9K
Property Plant Equipment	62.3M	30.2M	27.3M	53.3M	61.3M	64.4M
Current Deferred Revenue	23.9M	90.8M	48.2M	83.0M	95.4M	51.8M
Net Invested Capital	267.5M	300.7M	214.4M	134.2M	154.3M	151.2M
Non Current Liabilities Other	152.6M	374.4M	759K	1.4M	1.6M	1.5M
Net Working Capital	353.4M	610.2M	632.6M	387.9M	446.0M	429.1M
Short Term Investments	363.3M	406.1M	558.5M	474.3M	545.5M	420.0M
Short Term Debt	15.0M	15.6M	8.1M	8.5M	7.6M	11.8M
Short Long Term Debt Total	51.3M	47.6M	43.3M	38.9M	35.0M	36.7M
Capital Lease Obligations	51.3M	47.6M	43.3M	38.9M	35.0M	36.7M

Also Currently Popular

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.

CSX	CSX Corporation
ETON	Eton Pharmaceuticals
ALLT	Allot Communications

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:

How To Invest In Alector

Details

Is Alector Stock a good investment?

Details

What is Alector's Net Worth?

Details

Largest Biotechnology Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Alector Research Development vs Gross Profit Analysis

Research Development vs Gross Profit

Research Development vs Gross Profit Correlation Analysis

Correlation Coefficient

Research Development

Gross Profit

Alector fundamental ratios Correlations

Alector Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alector fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Other Current Liab
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Cash And Short Term Investments

Capital Surpluse	- 0.97	Retained Earnings
Other Assets	- 0.96	Retained Earnings
Property Plant And Equipment Gross	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Other Current Assets	- 0.94	Retained Earnings