How much debt does Alector have?
According to Alector's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Alector's total debt stands at $42.52M. This is broken down into:
- Long-term debt: $33.77M
- Short-term debt: $8.75M
The company's net debt, which accounts for cash and cash equivalents, is $9.50M. In terms of overall financial obligations, Alector's total liabilities amount to $341.50M.
Debt Ratios and Metrics
To better understand Alector's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.34 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 9.08% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 21.03% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 25.11% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Alector's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$42.52M
Long-term Debt
$33.77M
Short-term Debt
$8.75M
Net Debt
$9.50M
Total Liabilities
$341.50M
Interest Coverage
0.00
Debt to Equity Ratio
0.34
Debt Ratio
9.08%
Alector Historical Debt Metrics
Alector Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $42.52M | $33.77M | $8.75M | $9.50M | $341.50M | 0.34 | 9.08% | 0.00 | 21.03% | 25.11% |
| 2023 | $38.92M | $30.46M | $8.46M | $-35.64M | $487.67M | 0.29 | 6.26% | 0.00 | 0.00% | 22.49% |
| 2022 | $43.33M | $35.27M | $8.06M | $-111.00M | $573.21M | 0.20 | 5.50% | 0.00 | 0.00% | 16.81% |
| 2021 | $47.60M | $39.81M | $15.59M | $-281.55M | $513.93M | 0.16 | 5.84% | 0.00 | 0.00% | 13.67% |
| 2020 | $51.26M | $43.74M | $15.02M | $1.29M | $220.72M | 0.19 | 10.50% | 0.00 | 0.00% | 16.08% |
| 2019 | $48.04M | $41.47M | $13.13M | $-41.60M | $227.17M | 0.25 | 11.39% | 0.00 | 0.00% | 19.79% |
| 2018 | $- | $- | $- | $-65.47M | $405.76M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2017 | $- | $- | $- | $-32.45M | $288.09M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2016 | $- | $- | $- | $-50.84M | $79.02M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
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