Akero Capital Surpluse vs Net Invested Capital Analysis

AKRO Stock  USD 19.48  1.02  4.98%   
Akero Therapeutics financial indicator trend analysis is way more than just evaluating Akero Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akero Therapeutics is a good investment. Please check the relationship between Akero Therapeutics Capital Surpluse and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akero Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.

Capital Surpluse vs Net Invested Capital

Capital Surpluse vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akero Therapeutics Capital Surpluse account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Akero Therapeutics' Capital Surpluse and Net Invested Capital is 0.88. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Akero Therapeutics, assuming nothing else is changed. The correlation between historical values of Akero Therapeutics' Capital Surpluse and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Akero Therapeutics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Surpluse i.e., Akero Therapeutics' Capital Surpluse and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Surpluse

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Akero Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akero Therapeutics 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 Akero Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.As of the 23rd of May 2024, Selling General Administrative is likely to drop to about 29 K. In addition to that, Issuance Of Capital Stock is likely to drop to about 180.6 M

Akero Therapeutics fundamental ratios Correlations

0.740.790.990.96-0.91-0.980.820.870.890.110.121.00.750.080.970.280.991.01.00.880.330.91-0.930.79-0.91
0.740.990.740.81-0.87-0.820.890.870.480.70.720.750.58-0.110.760.170.730.750.730.860.710.46-0.660.81-0.71
0.790.990.780.85-0.9-0.870.950.910.510.660.670.790.67-0.060.790.220.780.790.780.920.720.53-0.730.87-0.77
0.990.740.780.98-0.89-0.970.810.850.880.120.130.990.76-0.060.950.141.00.990.990.890.340.9-0.920.79-0.91
0.960.810.850.98-0.94-0.960.860.910.770.230.260.970.74-0.120.90.10.980.970.960.930.50.81-0.880.79-0.87
-0.91-0.87-0.9-0.89-0.940.92-0.89-0.98-0.62-0.35-0.38-0.92-0.6-0.1-0.83-0.33-0.88-0.91-0.91-0.92-0.61-0.670.78-0.760.79
-0.98-0.82-0.87-0.97-0.960.92-0.91-0.9-0.83-0.24-0.24-0.98-0.79-0.08-0.96-0.3-0.97-0.98-0.98-0.92-0.42-0.870.95-0.890.95
0.820.890.950.810.86-0.89-0.910.920.550.530.520.830.80.050.80.30.80.830.810.950.70.62-0.830.94-0.84
0.870.870.910.850.91-0.98-0.90.920.560.370.410.880.640.10.790.340.840.880.870.950.640.62-0.760.78-0.75
0.890.480.510.880.77-0.62-0.830.550.56-0.14-0.150.880.710.080.930.20.890.880.890.63-0.070.97-0.880.66-0.84
0.110.70.660.120.23-0.35-0.240.530.37-0.140.990.120.21-0.170.20.020.110.120.10.360.81-0.2-0.060.41-0.19
0.120.720.670.130.26-0.38-0.240.520.41-0.150.990.130.16-0.190.190.00.120.130.110.370.83-0.22-0.040.37-0.16
1.00.750.790.990.97-0.92-0.980.830.880.880.120.130.750.080.960.280.991.01.00.890.340.9-0.930.79-0.91
0.750.580.670.760.74-0.6-0.790.80.640.710.210.160.75-0.080.760.10.770.750.750.820.370.74-0.850.87-0.78
0.08-0.11-0.06-0.06-0.12-0.1-0.080.050.10.08-0.17-0.190.08-0.080.080.96-0.060.080.09-0.06-0.170.09-0.050.0-0.02
0.970.760.790.950.9-0.83-0.960.80.790.930.20.190.960.760.080.280.950.960.960.820.260.91-0.930.83-0.93
0.280.170.220.140.1-0.33-0.30.30.340.20.020.00.280.10.960.280.140.280.280.190.040.21-0.240.23-0.22
0.990.730.781.00.98-0.88-0.970.80.840.890.110.120.990.77-0.060.950.140.990.990.880.320.91-0.930.79-0.91
1.00.750.790.990.97-0.91-0.980.830.880.880.120.131.00.750.080.960.280.991.00.880.340.9-0.930.79-0.91
1.00.730.780.990.96-0.91-0.980.810.870.890.10.111.00.750.090.960.280.991.00.880.320.91-0.930.78-0.91
0.880.860.920.890.93-0.92-0.920.950.950.630.360.370.890.82-0.060.820.190.880.880.880.60.69-0.850.89-0.81
0.330.710.720.340.5-0.61-0.420.70.64-0.070.810.830.340.37-0.170.260.040.320.340.320.6-0.03-0.220.47-0.31
0.910.460.530.90.81-0.67-0.870.620.620.97-0.2-0.220.90.740.090.910.210.910.90.910.69-0.03-0.940.71-0.9
-0.93-0.66-0.73-0.92-0.880.780.95-0.83-0.76-0.88-0.06-0.04-0.93-0.85-0.05-0.93-0.24-0.93-0.93-0.93-0.85-0.22-0.94-0.90.97
0.790.810.870.790.79-0.76-0.890.940.780.660.410.370.790.870.00.830.230.790.790.780.890.470.71-0.9-0.89
-0.91-0.71-0.77-0.91-0.870.790.95-0.84-0.75-0.84-0.19-0.16-0.91-0.78-0.02-0.93-0.22-0.91-0.91-0.91-0.81-0.31-0.90.97-0.89
Click cells to compare fundamentals

Akero Therapeutics Account Relationship Matchups

Akero Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets138.1M273.3M195.5M356.6M580.3M609.3M
Other Current Liab8.4M9.4M18.2M10.8M11.8M9.4M
Total Current Liabilities9.4M13.1M25.1M19.1M19.1M13.9M
Total Stockholder Equity128.7M258.7M169.1M326.6M535.3M562.1M
Net Tangible Assets128.7M258.7M169.1M326.6M375.5M394.3M
Net Debt(136.4M)(185.4M)(149.0M)(238.8M)(208.2M)(218.6M)
Retained Earnings(130.3M)(209.5M)(310.3M)(422.3M)(574.1M)(545.4M)
Accounts Payable947K3.4M6.7M8.0M7.0M4.3M
Cash136.4M187.2M150.5M249.8M234.2M162.6M
Non Current Assets Total69K2.0M2.0M1.4M20.3M21.3M
Non Currrent Assets Other29K161K417K108K(1.0)(0.95)
Other Assets69K201K417K108K1.00.95
Cash And Short Term Investments136.4M268.4M188.3M351.4M550.0M577.5M
Common Stock Shares Outstanding15.1M31.5M34.8M39.0M52.6M34.6M
Short Term Investments71.6M81.1M37.8M101.7M315.8M331.6M
Liabilities And Stockholders Equity138.1M273.3M195.5M356.6M580.3M609.3M
Non Current Liabilities Total23K1.5M1.3M10.9M25.8M19.4M
Other Current Assets1.6M3.0M5.3M3.7M10.0M10.4M
Other Stockholder Equity120.9M468.2M479.4M748.9M1.1B1.2B
Total Liab9.4M14.6M26.4M30.0M45.0M29.5M
Net Invested Capital128.7M258.7M169.1M336.1M560.3M588.3M
Total Current Assets138.0M271.3M193.6M355.2M560.0M588.0M
Accumulated Other Comprehensive Income(6K)(3K)(27K)37K270K283.5K
Net Working Capital128.7M258.2M168.5M336.1M540.8M567.9M
Capital Surpluse259.0M468.2M479.4M748.9M861.2M438.3M

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When determining whether Akero Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akero Therapeutics' 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 Akero Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akero Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akero Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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
(3.24)
Return On Assets
(0.20)
Return On Equity
(0.31)
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.