Akero Long Term Debt Total vs Net Working 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 Long Term Debt Total and its Net Working 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.
Long Term Debt Total vs Net Working Capital
Long Term Debt Total vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akero Therapeutics Long Term Debt Total account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Akero Therapeutics' Long Term Debt Total and Net Working Capital is -0.81. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Working 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' Long Term Debt Total and Net Working 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 Long Term Debt Total of Akero Therapeutics are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt Total i.e., Akero Therapeutics' Long Term Debt Total and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt Total
Net Working Capital
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
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Akero Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Akero Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 138.1M | 273.3M | 195.5M | 356.6M | 580.3M | 609.3M | |
Other Current Liab | 8.4M | 9.4M | 18.2M | 10.8M | 11.8M | 9.4M | |
Total Current Liabilities | 9.4M | 13.1M | 25.1M | 19.1M | 19.1M | 13.9M | |
Total Stockholder Equity | 128.7M | 258.7M | 169.1M | 326.6M | 535.3M | 562.1M | |
Net Tangible Assets | 128.7M | 258.7M | 169.1M | 326.6M | 375.5M | 394.3M | |
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 Payable | 947K | 3.4M | 6.7M | 8.0M | 7.0M | 4.3M | |
Cash | 136.4M | 187.2M | 150.5M | 249.8M | 234.2M | 162.6M | |
Non Current Assets Total | 69K | 2.0M | 2.0M | 1.4M | 20.3M | 21.3M | |
Non Currrent Assets Other | 29K | 161K | 417K | 108K | (1.0) | (0.95) | |
Other Assets | 69K | 201K | 417K | 108K | 1.0 | 0.95 | |
Cash And Short Term Investments | 136.4M | 268.4M | 188.3M | 351.4M | 550.0M | 577.5M | |
Common Stock Shares Outstanding | 15.1M | 31.5M | 34.8M | 39.0M | 52.6M | 34.6M | |
Short Term Investments | 71.6M | 81.1M | 37.8M | 101.7M | 315.8M | 331.6M | |
Liabilities And Stockholders Equity | 138.1M | 273.3M | 195.5M | 356.6M | 580.3M | 609.3M | |
Non Current Liabilities Total | 23K | 1.5M | 1.3M | 10.9M | 25.8M | 19.4M | |
Other Current Assets | 1.6M | 3.0M | 5.3M | 3.7M | 10.0M | 10.4M | |
Other Stockholder Equity | 120.9M | 468.2M | 479.4M | 748.9M | 1.1B | 1.2B | |
Total Liab | 9.4M | 14.6M | 26.4M | 30.0M | 45.0M | 29.5M | |
Net Invested Capital | 128.7M | 258.7M | 169.1M | 336.1M | 560.3M | 588.3M | |
Total Current Assets | 138.0M | 271.3M | 193.6M | 355.2M | 560.0M | 588.0M | |
Accumulated Other Comprehensive Income | (6K) | (3K) | (27K) | 37K | 270K | 283.5K | |
Net Working Capital | 128.7M | 258.2M | 168.5M | 336.1M | 540.8M | 567.9M | |
Capital Surpluse | 259.0M | 468.2M | 479.4M | 748.9M | 861.2M | 438.3M |
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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.