Akero Therapeutics Stock Debt To Equity
| AKRO Stock | USD 19.65 1.15 5.53% |
Akero Therapeutics fundamentals help investors to digest information that contributes to Akero Therapeutics' financial success or failures. It also enables traders to predict the movement of Akero Stock. The fundamental analysis module provides a way to measure Akero Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Akero Therapeutics stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.05 | 0.05 |
Akero | Debt To Equity |
Akero Therapeutics Company Debt To Equity Analysis
Akero Therapeutics' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Akero Therapeutics Debt To Equity | 0.07 % |
Most of Akero Therapeutics' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Akero Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Akero Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Akero Therapeutics is extremely important. It helps to project a fair market value of Akero Stock properly, considering its historical fundamentals such as Debt To Equity. Since Akero Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Akero Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Akero Therapeutics' interrelated accounts and indicators.
Click cells to compare fundamentals
Akero Debt To Equity Historical Pattern
Today, most investors in Akero Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Akero Therapeutics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Akero Therapeutics debt to equity as a starting point in their analysis.
Akero Therapeutics Debt To Equity |
| Timeline |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
Akero Total Stockholder Equity
Total Stockholder Equity |
|
According to the company disclosure, Akero Therapeutics has a Debt To Equity of 0.072%. This is 99.87% lower than that of the Biotechnology sector and 99.63% lower than that of the Health Care industry. The debt to equity for all United States stocks is 99.85% higher than that of the company.
Akero Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akero Therapeutics' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Akero Therapeutics could also be used in its relative valuation, which is a method of valuing Akero Therapeutics by comparing valuation metrics of similar companies.Akero Therapeutics is currently under evaluation in debt to equity category among related companies.
Akero Therapeutics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Akero Therapeutics from analyzing Akero Therapeutics' financial statements. These drivers represent accounts that assess Akero Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Akero Therapeutics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 334.6M | 811.8M | 736.6M | 2.1B | 1.2B | 751.4M | |
| Enterprise Value | 198.2M | 626.3M | 587.6M | 1.9B | 1.0B | 618.9M |
Akero Therapeutics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Akero Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Akero Therapeutics' managers, analysts, and investors.Environmental | Governance | Social |
Akero Fundamentals
| Return On Equity | -0.35 | ||||
| Return On Asset | -0.23 | ||||
| Current Valuation | 647.02 M | ||||
| Shares Outstanding | 69.15 M | ||||
| Shares Owned By Insiders | 5.43 % | ||||
| Shares Owned By Institutions | 99.23 % | ||||
| Number Of Shares Shorted | 8.6 M | ||||
| Price To Earning | (7.43) X | ||||
| Price To Book | 2.86 X | ||||
| EBITDA | (172.84 M) | ||||
| Net Income | (151.76 M) | ||||
| Cash And Equivalents | 180.72 M | ||||
| Cash Per Share | 4.81 X | ||||
| Total Debt | 26.04 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 6.90 X | ||||
| Book Value Per Share | 9.60 X | ||||
| Cash Flow From Operations | (145.37 M) | ||||
| Short Ratio | 7.54 X | ||||
| Earnings Per Share | (2.89) X | ||||
| Price To Earnings To Growth | 0.93 X | ||||
| Target Price | 48.38 | ||||
| Number Of Employees | 55 | ||||
| Beta | -0.29 | ||||
| Market Capitalization | 1.36 B | ||||
| Total Asset | 580.27 M | ||||
| Retained Earnings | (574.1 M) | ||||
| Working Capital | 540.83 M | ||||
| Current Asset | 22.85 M | ||||
| Current Liabilities | 859.05 K | ||||
| Net Asset | 580.27 M |
About Akero Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Akero Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akero Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akero Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Akero Therapeutics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akero Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akero Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Akero Stock
| 0.72 | BMY | Bristol Myers Squibb Aggressive Push | PairCorr |
| 0.72 | JNJ | Johnson Johnson Financial Report 18th of July 2024 | PairCorr |
Moving against Akero Stock
| 0.58 | MAIA | MAIA Biotechnology | PairCorr |
| 0.55 | MRK | Merck Company Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Akero Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akero Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akero Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akero Therapeutics to buy it.
The correlation of Akero Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akero Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akero Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akero Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Akero Therapeutics Piotroski F Score and Akero Therapeutics Altman Z Score analysis. To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Akero Stock analysis
When running Akero Therapeutics' price analysis, check to measure Akero Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akero Therapeutics is operating at the current time. Most of Akero Therapeutics' value examination focuses on studying past and present price action to predict the probability of Akero Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akero Therapeutics' price. Additionally, you may evaluate how the addition of Akero Therapeutics to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| CEOs Directory Screen CEOs from public companies around the world |
Is Akero Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akero Therapeutics. If investors know Akero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akero Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.89) | Return On Assets (0.23) | Return On Equity (0.35) |
The market value of Akero Therapeutics is measured differently than its book value, which is the value of Akero that is recorded on the company's balance sheet. Investors also form their own opinion of Akero Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Akero Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akero Therapeutics' market value can be influenced by many factors that don't directly affect Akero Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akero Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akero Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akero Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.