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Alignment Healthcare (Alignment Healthcare) EBITDA : $-113 Mil (TTM As of Mar. 2024)


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What is Alignment Healthcare EBITDA?

Alignment Healthcare's EBITDA for the three months ended in Mar. 2024 was $-35 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-113 Mil.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 5 years, the highest 3-Year average EBITDA Growth Rate of Alignment Healthcare was -104.60% per year. The lowest was -104.60% per year. And the median was -104.60% per year.

Alignment Healthcare's EBITDA per Share for the three months ended in Mar. 2024 was $-0.19. Its EBITDA per share for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.60.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 5 years, the highest 3-Year average EBITDA per Share Growth Rate of Alignment Healthcare was -93.10% per year. The lowest was -93.10% per year. And the median was -93.10% per year.


Alignment Healthcare EBITDA Historical Data

The historical data trend for Alignment Healthcare's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alignment Healthcare EBITDA Chart

Alignment Healthcare Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA
-13.25 9.47 -161.81 -113.53 -105.30

Alignment Healthcare Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.37 -17.97 -24.05 -35.91 -35.12

Competitive Comparison of Alignment Healthcare's EBITDA

For the Healthcare Plans subindustry, Alignment Healthcare's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alignment Healthcare's EV-to-EBITDA Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Alignment Healthcare's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Alignment Healthcare's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Alignment Healthcare's EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Alignment Healthcare's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2023, Alignment Healthcare's EBITDA was $-105 Mil.

Alignment Healthcare's EBITDA for the quarter that ended in Mar. 2024 is calculated as

Alignment Healthcare's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Mar. 2024, Alignment Healthcare's EBITDA was $-35 Mil.

EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-113 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Alignment Healthcare  (NAS:ALHC) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Alignment Healthcare EBITDA Related Terms

Thank you for viewing the detailed overview of Alignment Healthcare's EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Alignment Healthcare (Alignment Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
1100 W. Town and Country Road, Suite 1600, Orange, CA, USA, 92868
Alignment Healthcare Inc is a next-generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors through Medicare Advantage plans. These plans are marketed and sold direct-to-consumer, allowing seniors to select the manner in which they receive healthcare coverage and services on an annual basis.
Executives
Jeffrey H Margolis director 567 SAN NICHOLAS DRIVE, SUITE 360, NEWPORT BEACH CA 92660
Joseph S Konowiecki director 5995 PLAZA DR, CYPRESS CA 90630
Hyong Kim officer: Chief Medical Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W TOWN AND COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Christopher J Joyce officer: Chief Legal and Admin. Officer C/O ALLIANCE ENTERTAINMENT CORP, 110 EAST 59TH STREET 18TH FLOOR, NEW YORK NY 10022
Melinda Michele Kimbro officer: Chief People Officer 6155 EL CAMINO REAL, CARLSBAD CA 92009
Robert L. Scavo officer: Chief Information Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Hakan Kardes officer: Chief Technology Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Robert Thomas Freeman officer: Chief Financial Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Dinesh M. Kumar officer: Chief Health Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Dawn Christine Maroney officer: President, Markets C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
John E Kao director, officer: Chief Executive Officer
Richard A. Cross officer: SVP, General Counsel C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, STE. 1600, ORANGE CA 92868
Warburg Pincus Llc director, 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
General Atlantic (aln Hlth), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055

Alignment Healthcare (Alignment Healthcare) Headlines

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