Akero Historical Balance Sheet

AKRO Stock  USD 20.79  1.60  8.34%   
Trend analysis of Akero Therapeutics balance sheet accounts such as Other Current Liab of 9.4 M, Total Current Liabilities of 13.9 M or Total Stockholder Equity of 562.1 M provides information on Akero Therapeutics' total assets, liabilities, and equity, which is the actual value of Akero Therapeutics to its prevalent stockholders. By breaking down trends over time using Akero Therapeutics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Akero Therapeutics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Akero Therapeutics is a good buy for the upcoming year.
  
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.

About Akero Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Akero Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Akero Therapeutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Akero Therapeutics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Akero currently owns. An asset can also be divided into two categories, current and non-current.

Akero Therapeutics Balance Sheet Chart

At this time, Akero Therapeutics' Short Term Investments are very stable compared to the past year. As of the 5th of June 2024, Liabilities And Stockholders Equity is likely to grow to about 609.3 M, while Other Current Liabilities is likely to drop about 9.4 M.

Total Assets

Total assets refers to the total amount of Akero Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Akero Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Akero Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Akero Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Akero Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Akero Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Akero Therapeutics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.At this time, Akero Therapeutics' Short Term Investments are very stable compared to the past year. As of the 5th of June 2024, Liabilities And Stockholders Equity is likely to grow to about 609.3 M, while Other Current Liabilities is likely to drop about 9.4 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities18.2M10.8M11.8M9.4M
Total Assets195.5M356.6M580.3M609.3M

Akero Therapeutics balance sheet Correlations

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Akero Therapeutics Account Relationship Matchups

Akero Therapeutics balance sheet 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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Additional Information and Resources on Investing in Akero Stock

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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Biotechnology space 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.