Akebia Net Invested Capital vs Short Term Investments Analysis

AKBA Stock

USD 1.30 0.06 4.84%

Akebia Ther financial indicator trend analysis is way more than just evaluating Akebia Ther prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akebia Ther is a good investment. Please check the relationship between Akebia Ther Net Invested Capital and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akebia Ther. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Akebia Stock refer to our How to Trade Akebia Stock guide.

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akebia Ther Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Akebia Ther's Net Invested Capital and Short Term Investments is 0.4. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Akebia Ther, assuming nothing else is changed. The correlation between historical values of Akebia Ther's Net Invested Capital and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Akebia Ther are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Akebia Ther's Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Investments

Short Term Investments is an item under the current assets section of Akebia Ther balance sheet. It contains any investments Akebia Ther undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Akebia Ther can easily liquidate in the marketplace.

Most indicators from Akebia Ther's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akebia Ther current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akebia Ther. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Akebia Stock refer to our How to Trade Akebia Stock guide.The current year's Enterprise Value is expected to grow to about 394.5 M, whereas Selling General Administrative is forecasted to decline to about 3.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	19.9M	15.7M	6.0M	9.4M
Depreciation And Amortization	38.0M	16.8M	41.8M	43.9M

Interest Expense Depreciation And Amortization

Akebia Ther fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross
Total Assets		0.98	0.94	0.83	-0.32	-0.47	0.93	0.7	0.7	0.53	0.43	0.63	0.49	0.86	0.89	0.2	0.54	0.63	0.94	0.72	0.4	0.82	0.35	0.67	0.72	0.45
Other Current Liab	0.98		0.95	0.76	-0.23	-0.56	0.98	0.72	0.62	0.53	0.48	0.7	0.57	0.89	0.84	0.26	0.66	0.74	0.94	0.78	0.47	0.86	0.23	0.73	0.78	0.58
Total Current Liabilities	0.94	0.95		0.63	-0.25	-0.61	0.9	0.74	0.67	0.68	0.48	0.73	0.66	0.95	0.86	0.28	0.67	0.72	0.85	0.73	0.63	0.66	0.27	0.79	0.8	0.62
Total Stockholder Equity	0.83	0.76	0.63		-0.48	0.05	0.71	0.47	0.68	0.12	-0.01	0.21	0.06	0.45	0.76	0.02	0.09	0.22	0.8	0.51	0.08	0.73	0.54	0.19	0.31	0.0
Net Debt	-0.32	-0.23	-0.25	-0.48		-0.37	-0.12	-0.65	-0.77	-0.09	0.51	0.21	0.24	-0.17	-0.62	0.0	0.24	0.11	-0.09	-0.03	0.16	-0.21	-0.52	-0.04	0.12	0.15
Retained Earnings	-0.47	-0.56	-0.61	0.05	-0.37		-0.61	-0.41	-0.06	-0.73	-0.92	-0.93	-0.87	-0.78	-0.3	-0.24	-0.9	-0.8	-0.48	-0.48	-0.57	-0.4	0.31	-0.88	-0.91	-0.84
Accounts Payable	0.93	0.98	0.9	0.71	-0.12	-0.61		0.69	0.5	0.51	0.53	0.75	0.6	0.87	0.74	0.22	0.74	0.79	0.95	0.83	0.53	0.87	0.08	0.73	0.81	0.63
Cash	0.7	0.72	0.74	0.47	-0.65	-0.41	0.69		0.72	0.62	0.18	0.52	0.4	0.78	0.8	0.18	0.57	0.65	0.54	0.61	0.35	0.62	0.11	0.73	0.61	0.55
Cash And Short Term Investments	0.7	0.62	0.67	0.68	-0.77	-0.06	0.5	0.72		0.44	-0.09	0.22	0.17	0.57	0.94	0.05	0.11	0.19	0.43	0.24	0.11	0.46	0.77	0.4	0.35	0.16
Net Receivables	0.53	0.53	0.68	0.12	-0.09	-0.73	0.51	0.62	0.44		0.53	0.74	0.68	0.79	0.58	0.35	0.71	0.69	0.4	0.51	0.54	0.25	0.03	0.81	0.78	0.65
Common Stock Total Equity	0.43	0.48	0.48	-0.01	0.51	-0.92	0.53	0.18	-0.09	0.53		0.84	0.73	0.62	0.17	0.22	0.74	0.63	0.5	0.36	0.36	0.43	-0.31	0.73	0.81	0.63
Common Stock Shares Outstanding	0.63	0.7	0.73	0.21	0.21	-0.93	0.75	0.52	0.22	0.74	0.84		0.91	0.86	0.48	0.26	0.9	0.84	0.66	0.56	0.59	0.55	-0.18	0.91	0.98	0.84
Other Current Assets	0.49	0.57	0.66	0.06	0.24	-0.87	0.6	0.4	0.17	0.68	0.73	0.91		0.77	0.38	0.21	0.79	0.77	0.49	0.39	0.73	0.31	-0.15	0.81	0.88	0.92
Total Liab	0.86	0.89	0.95	0.45	-0.17	-0.78	0.87	0.78	0.57	0.79	0.62	0.86	0.77		0.79	0.31	0.82	0.84	0.77	0.71	0.61	0.66	0.09	0.94	0.91	0.77
Total Current Assets	0.89	0.84	0.86	0.76	-0.62	-0.3	0.74	0.8	0.94	0.58	0.17	0.48	0.38	0.79		0.14	0.37	0.46	0.69	0.5	0.29	0.65	0.61	0.61	0.59	0.36
Common Stock	0.2	0.26	0.28	0.02	0.0	-0.24	0.22	0.18	0.05	0.35	0.22	0.26	0.21	0.31	0.14		0.23	0.22	0.21	0.18	0.14	0.18	-0.08	0.3	0.21	0.2
Short Long Term Debt Total	0.54	0.66	0.67	0.09	0.24	-0.9	0.74	0.57	0.11	0.71	0.74	0.9	0.79	0.82	0.37	0.23		0.96	0.58	0.74	0.63	0.54	-0.39	0.9	0.9	0.87
Property Plant And Equipment Net	0.63	0.74	0.72	0.22	0.11	-0.8	0.79	0.65	0.19	0.69	0.63	0.84	0.77	0.84	0.46	0.22	0.96		0.67	0.82	0.62	0.61	-0.34	0.88	0.86	0.87
Non Current Assets Total	0.94	0.94	0.85	0.8	-0.09	-0.48	0.95	0.54	0.43	0.4	0.5	0.66	0.49	0.77	0.69	0.21	0.58	0.67		0.8	0.42	0.85	0.11	0.6	0.71	0.44
Non Currrent Assets Other	0.72	0.78	0.73	0.51	-0.03	-0.48	0.83	0.61	0.24	0.51	0.36	0.56	0.39	0.71	0.5	0.18	0.74	0.82	0.8		0.54	0.66	-0.21	0.61	0.62	0.49
Other Assets	0.4	0.47	0.63	0.08	0.16	-0.57	0.53	0.35	0.11	0.54	0.36	0.59	0.73	0.61	0.29	0.14	0.63	0.62	0.42	0.54		0.06	-0.18	0.51	0.59	0.72
Long Term Debt	0.82	0.86	0.66	0.73	-0.21	-0.4	0.87	0.62	0.46	0.25	0.43	0.55	0.31	0.66	0.65	0.18	0.54	0.61	0.85	0.66	0.06		0.09	0.58	0.62	0.38
Short Term Investments	0.35	0.23	0.27	0.54	-0.52	0.31	0.08	0.11	0.77	0.03	-0.31	-0.18	-0.15	0.09	0.61	-0.08	-0.39	-0.34	0.11	-0.21	-0.18	0.09		-0.12	-0.08	-0.29
Non Current Liabilities Total	0.67	0.73	0.79	0.19	-0.04	-0.88	0.73	0.73	0.4	0.81	0.73	0.91	0.81	0.94	0.61	0.3	0.9	0.88	0.6	0.61	0.51	0.58	-0.12		0.93	0.84
Other Stockholder Equity	0.72	0.78	0.8	0.31	0.12	-0.91	0.81	0.61	0.35	0.78	0.81	0.98	0.88	0.91	0.59	0.21	0.9	0.86	0.71	0.62	0.59	0.62	-0.08	0.93		0.83
Property Plant And Equipment Gross	0.45	0.58	0.62	0.0	0.15	-0.84	0.63	0.55	0.16	0.65	0.63	0.84	0.92	0.77	0.36	0.2	0.87	0.87	0.44	0.49	0.72	0.38	-0.29	0.84	0.83

Click cells to compare fundamentals

Akebia Ther Account Relationship Matchups

Akebia Ther fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	771.2M	644.1M	525.6M	351.8M	241.7M	411.2M
Other Current Liab	124.1M	125.3M	99.7M	66.3M	38.3M	64.9M
Total Current Liabilities	208.1M	187.1M	256.5M	124.8M	99.9M	130.9M
Total Stockholder Equity	394.8M	247.6M	76.5M	9.3M	(30.6M)	(29.1M)
Net Debt	(39.1M)	(102.4M)	(13.8M)	9.3M	61.3M	64.3M
Retained Earnings	(794.1M)	(1.2B)	(1.5B)	(1.6B)	(1.6B)	(1.5B)
Accounts Payable	39.2M	41.3M	33.6M	18.0M	14.6M	18.7M
Cash	147.4M	228.7M	149.8M	90.5M	42.9M	40.8M
Cash And Short Term Investments	147.7M	268.7M	149.8M	90.5M	42.9M	40.8M
Net Receivables	38.9M	26.9M	50.9M	39.2M	39.3M	28.0M
Common Stock Shares Outstanding	118.4M	138.5M	165.9M	182.8M	187.5M	97.4M
Liabilities And Stockholders Equity	771.2M	644.1M	525.6M	351.8M	241.7M	411.2M
Other Current Assets	6.6M	14.9M	33.1M	33.5M	20.2M	12.6M
Total Liab	376.4M	396.5M	449.1M	342.5M	272.3M	247.7M
Total Current Assets	309.5M	371.4M	272.0M	184.9M	118.1M	112.2M
Short Long Term Debt Total	108.3M	126.3M	136.0M	99.8M	104.2M	72.1M
Property Plant And Equipment Net	39.4M	35.5M	40.6M	34.4M	16.0M	18.1M
Non Current Assets Total	461.7M	272.7M	253.5M	166.9M	123.6M	182.0M
Non Currrent Assets Other	76.0M	38.0M	49.8M	5.4M	10.8M	20.7M
Other Assets	76.0M	64.9M	640.3M	94.5M	108.7M	112.1M
Non Current Liabilities Total	168.3M	209.4M	192.6M	217.7M	172.4M	127.4M
Other Stockholder Equity	1.2B	1.4B	1.5B	1.6B	1.6B	973.5M
Property Plant And Equipment Gross	10.4M	35.5M	48.3M	43.7M	16.0M	16.9M
Accumulated Other Comprehensive Income	(261K)	0.0	13K	6K	6.9K	7.2K
Short Term Debt	5.0M	5.3M	102.3M	36.7M	24.0M	20.8M
Property Plant Equipment	10.4M	8.6M	6.8M	5.2M	6.0M	5.1M
Other Liab	65.0M	88.4M	158.9M	158.2M	182.0M	95.8M
Net Tangible Assets	48.5M	48.4M	(86.7M)	(117.8M)	(106.0M)	(100.7M)
Retained Earnings Total Equity	(794.1M)	(1.2B)	(1.5B)	(1.6B)	(1.4B)	(1.3B)
Capital Surpluse	1.2B	1.4B	1.5B	1.6B	1.8B	1.0B
Inventory	116.3M	61.0M	38.2M	21.8M	15.7M	14.9M
Non Current Liabilities Other	90.9M	110.6M	190.8M	98.5M	62.9M	70.3M
Intangible Assets	291.2M	144.2M	108.1M	72.1M	36.0M	34.2M
Current Deferred Revenue	39.8M	15.2M	20.9M	3.7M	22.9M	29.0M
Net Invested Capital	470.6M	344.0M	174.0M	75.4M	4.1M	3.9M

Pair Trading with Akebia Ther

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 Akebia Ther 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 Akebia Ther will appreciate offsetting losses from the drop in the long position's value.

Moving against Akebia Stock

0.48	JAGX	Jaguar Animal Health Financial Report 20th of May 2024	Pair Corr
0.45	ELYM	Eliem Therapeutics Trending	Pair Corr

The ability to find closely correlated positions to Akebia Ther could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akebia Ther 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 Akebia Ther - 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 Akebia Ther to buy it.

The correlation of Akebia Ther 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 Akebia Ther moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akebia Ther 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 Akebia Ther 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.

Pair Correlation Correlation Matching

When determining whether Akebia Ther offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akebia Ther's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akebia Ther Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akebia Ther Stock:

How To Invest In Akebia

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Is Akebia Stock a good investment?

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What is Akebia Ther's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akebia Ther. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Akebia Stock refer to our How to Trade Akebia Stock guide.

Note that the Akebia Ther information on this page should be used as a complementary analysis to other Akebia Ther's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Akebia Stock analysis

When running Akebia Ther's price analysis, check to measure Akebia Ther's 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 Akebia Ther is operating at the current time. Most of Akebia Ther's value examination focuses on studying past and present price action to predict the probability of Akebia Ther's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akebia Ther's price. Additionally, you may evaluate how the addition of Akebia Ther to your portfolios can decrease your overall portfolio volatility.

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Is Akebia Ther's 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 Akebia Ther. If investors know Akebia 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 Akebia Ther listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.28)

Revenue Per Share

1.038

Quarterly Revenue Growth

0.007

Return On Assets

(0.09)

Return On Equity

(5.53)

The market value of Akebia Ther is measured differently than its book value, which is the value of Akebia that is recorded on the company's balance sheet. Investors also form their own opinion of Akebia Ther's value that differs from its market value or its book value, called intrinsic value, which is Akebia Ther's 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 Akebia Ther's market value can be influenced by many factors that don't directly affect Akebia Ther's 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 Akebia Ther's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akebia Ther is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akebia Ther's 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.

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Akebia Net Invested Capital vs Short Term Investments Analysis

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Term Investments

Akebia Ther fundamental ratios Correlations

Akebia Ther Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Akebia Ther fundamental ratios Accounts

Pair Trading with Akebia Ther

Moving against Akebia Stock

Complementary Tools for Akebia Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Other Current Liab
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding
Property Plant And Equipment Net	+ 0.96	Short Long Term Debt Total
Total Current Liabilities	+ 0.95	Other Current Liab
Total Liab	+ 0.95	Total Current Liabilities

Common Stock Shares Outstanding	- 0.93	Retained Earnings
Common Stock Total Equity	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.91	Retained Earnings
Short Long Term Debt Total	- 0.9	Retained Earnings
Non Current Liabilities Total	- 0.88	Retained Earnings
Other Current Assets	- 0.87	Retained Earnings