Alignment Healthcare, Inc.

Alignment Healthcare, Inc.verified

ALHC

Price:

$11.63

Market Cap:

$2.22B

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. It provides customized health care in the United States to seniors and those who need it through its Medicare advantage plans. The company owns Medicare advantage plans in the states of California, North Carolina, and Nevada. It also coordinates and provides covered health care services, including professional, institutional, and ancillary services to members enrolled in certain benefit plans of unaffiliated Medicare Advantage Health Maintenance Organizations. The company was founded in 2013 and is based in Orange, California.[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2021-03-26

Stock Exchange

NASDAQ

Ticker

ALHC

The Current Ratio as of September 2024 (TTM) for Alignment Healthcare, Inc. (ALHC) is 1.61

According to Alignment Healthcare, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.61. This represents a change of -3.02% compared to the average of 1.66 of the last 4 quarters.

Alignment Healthcare, Inc. (ALHC) Historical Current Ratio (quarterly & annually)

How has ALHC Current Ratio performed in the past?

The mean historical Current Ratio of Alignment Healthcare, Inc. over the last ten years is 2.04. The current 1.61 Current Ratio has changed 7.79% with respect to the historical average. Over the past ten years (40 quarters), ALHC's Current Ratio was at its highest in in the March 2021 quarter at 3.56. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.04

Median

1.84

Minimum

0.98

Maximum

3.31

Alignment Healthcare, Inc. (ALHC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Alignment Healthcare, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 91.65%

Maximum Annual Current Ratio = 3.31

Minimum Annual Increase = -28.37%

Minimum Annual Current Ratio = 0.98

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.84-22.37%
20222.37-28.37%
20213.3191.65%
20201.7276.41%

Alignment Healthcare, Inc. (ALHC) Average Current Ratio

How has ALHC Current Ratio performed in the past?

The current Current Ratio of Alignment Healthcare, Inc. (ALHC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.50

5-year avg

2.04

10-year avg

2.04

Alignment Healthcare, Inc. (ALHC) Current Ratio vs. Peers

How is ALHC’s Current Ratio compared to its peers?

Alignment Healthcare, Inc.’s Current Ratio is greater than Bright Health Group, Inc. (0.78), greater than Molina Healthcare, Inc. (1.57), less than Clover Health Investments, Corp. (1.69), greater than Centene Corporation (1.17), greater than Elevance Health Inc. (1.49), greater than Humana Inc. (0.28), greater than Cigna Corporation (0.83), greater than Oscar Health, Inc. (0.96), greater than UnitedHealth Group Incorporated (0.88), greater than CVS Health Corporation (0.86),

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