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Alignment Healthcare Inc   (ALHC)
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Alignment Healthcare Inc 's Working Capital Ratio

ALHC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 1.63 a new company low.

Within Accident & Health Insurance industry only one company has achieved higher Working Capital Ratio in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 669, from total ranking in the second quarter 2023 at 792.

Explain Working Capital Ratio
How much in Current Assets ALHC´s has?
What is the value of ALHC´s Current Liabilities?


ALHC Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 20.58 % 2583.48 % 2175.66 % 85.23 % 1955.11 %
Y / Y Current Assets Change -3.64 % 16.74 % 18.5 % -1.5 % 19.88 %
Working Capital Ratio MRQ 1.63 1.7 1.79 16.87 2.03
ALHC's Total Ranking # 669 # 792 # 2077 # 101 # 2250
Seq. Current Liabilities Change 2.1 % 7.39 % 1058.9 % -90.51 % 2172.21 %
Seq. Current Assets Change -2.44 % 1.89 % 23.21 % -21.33 % 18.2 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Accident & Health Insurance Industry # 2
Financial Sector # 74
Overall Market # 669


Working Capital Ratio Statistics
High Average Low
40.57 21.41 1.63
(Jun 30 2021)   (Sep 30 2023)




Financial Statements
Alignment Healthcare Inc 's Current Liabilities $ 410 Millions Visit ALHC's Balance sheet
Alignment Healthcare Inc 's Current Assets $ 667 Millions Visit ALHC's Balance sheet
Source of ALHC's Sales Visit ALHC's Sales by Geography


Cumulative Alignment Healthcare Inc 's Working Capital Ratio

ALHC's Working Capital Ratio for the trailling 12 Months

ALHC Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 20.58 % 2583.48 % 2175.66 % 85.23 % 1955.11 %
Y / Y Current Assets TTM Growth -3.64 % 16.74 % 18.5 % -1.5 % 19.88 %
Working Capital Ratio TTM 2.11 2.26 3.27 5.91 6.16
Total Ranking TTM # 3723 # 3944 # 1278 # 3277 # 1599
Seq. Current Liabilities TTM Growth 2.1 % 7.39 % 1058.9 % -90.51 % 2172.21 %
Seq. Current Assets TTM Growth -2.44 % 1.89 % 23.21 % -21.33 % 18.2 %


On the trailing twelve months basis Due to rise in Current Liabilities in the III Quarter 2023 to $410.27 millions, cumulative Working Capital Ratio decreased to 2.11 below the Alignment Healthcare Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Accident & Health Insurance industry 8 other companies have achieved higher Working Capital Ratio than Alignment Healthcare Inc . While Working Capital Ratio overall ranking has improved so far to 3723, from total ranking during the twelve months ending second quarter 2023 at 3944.

Explain Working Capital Ratio
How much in Current Assets ALHC´s has?
What is the value of ALHC´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Accident & Health Insurance Industry # 9
Financial Sector # 261
Within the Market # 3723


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.39 2.57 1.81
(Dec 31 2021)   (Sep 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Accident & Health Insurance Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Aflac Incorporated  2.38 $ 199,482.000  Millions$ 83,924.000  Millions
Alignment Healthcare Inc   1.63 $ 666.970  Millions$ 410.274  Millions
Trupanion Inc   1.61 $ 561.205  Millions$ 347.588  Millions
Molina Healthcare Inc   1.47 $ 12,468.000  Millions$ 8,492.000  Millions
Oscar Health Inc   1.45 $ 2,991.622  Millions$ 2,060.876  Millions
Humana Inc   1.37 $ 38,253.000  Millions$ 27,823.000  Millions
Clover Health Investments Corp   1.27 $ 915.700  Millions$ 718.696  Millions
Bright Health Group Inc   1.04 $ 1,911.963  Millions$ 1,830.502  Millions
Unum Group  1.00 $ 42,367.300  Millions$ 42,516.100  Millions
Unitedhealth Group Incorporated  0.80 $ 91,905.000  Millions$ 114,179.000  Millions
The Cigna Group  0.73 $ 34,518.000  Millions$ 47,059.000  Millions
Principal Financial Group inc  0.69 $ 30,211.800  Millions$ 43,665.700  Millions

Date modified: 2023-11-03T16:20:28+00:00



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