Stock Analysis on Net

Align Technology Inc. (NASDAQ:ALGN)

This company has been moved to the archive! The financial data has not been updated since November 3, 2023.

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Align Technology Inc., asset turnover by geographic area

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
U.S. 7.73 8.19 6.09 7.07 7.35
Switzerland 2.28 3.05 3.14
Other International 1.42 1.60 1.48 2.38 2.47

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Area activity ratio Geographic area The company
Area asset turnover U.S. U.S. area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Switzerland Switzerland area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Other International Other International area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Area Asset Turnover: U.S.

Align Technology Inc.; U.S.; area asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Net revenues 1,660,045 1,724,296 1,099,564 1,161,959 1,023,559
Long-lived assets 214,804 210,582 180,539 164,451 139,239
Area Activity Ratio
Area asset turnover1 7.73 8.19 6.09 7.07 7.35

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 1,660,045 ÷ 214,804 = 7.73

Area activity ratio Geographic area The company
Area asset turnover U.S. U.S. area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Area Asset Turnover: Switzerland

Align Technology Inc.; Switzerland; area asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Net revenues 1,216,094 1,353,229 809,080
Long-lived assets 532,921 444,205 257,337
Area Activity Ratio
Area asset turnover1 2.28 3.05 3.14

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 1,216,094 ÷ 532,921 = 2.28

Area activity ratio Geographic area The company
Area asset turnover Switzerland Switzerland area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Area Asset Turnover: Other International

Align Technology Inc.; Other International; area asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Net revenues 858,496 875,059 563,297 1,244,837 942,933
Long-lived assets 603,010 548,396 379,398 523,523 382,090
Area Activity Ratio
Area asset turnover1 1.42 1.60 1.48 2.38 2.47

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 858,496 ÷ 603,010 = 1.42

Area activity ratio Geographic area The company
Area asset turnover Other International Other International area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Net revenues

Align Technology Inc., net revenues by geographic area

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
U.S. 1,660,045 1,724,296 1,099,564 1,161,959 1,023,559
Switzerland 1,216,094 1,353,229 809,080
Other International 858,496 875,059 563,297 1,244,837 942,933
Total 3,734,635 3,952,584 2,471,941 2,406,796 1,966,492

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).


Long-lived assets

Align Technology Inc., long-lived assets by geographic area

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
U.S. 214,804 210,582 180,539 164,451 139,239
Switzerland 532,921 444,205 257,337
Other International 603,010 548,396 379,398 523,523 382,090
Total 1,350,735 1,203,183 817,274 687,974 521,329

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).