Akero Therapeutics Financials

AKRO Stock  USD 32.17  1.01  3.24%   
Based on the key indicators related to Akero Therapeutics' liquidity, profitability, solvency, and operating efficiency, Akero Therapeutics is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Akero Therapeutics' Short Term Investments are very stable compared to the past year. As of the 28th of November 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. Key indicators impacting Akero Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.0490.0466
Sufficiently Up
Slightly volatile
Current Ratio30.7429.2745
Sufficiently Up
Slightly volatile
Investors should never underestimate Akero Therapeutics' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Akero Therapeutics' cash flow, debt, and profitability to make informed and accurate decisions about investing in Akero Therapeutics.

Net Income

(144.17 Million)

  
Understanding current and past Akero Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Akero Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Akero Therapeutics' assets may result in an increase in income on the income statement.

Akero Therapeutics Stock Summary

Akero Therapeutics competes with Terns Pharmaceuticals, Madrigal Pharmaceuticals, Inozyme Pharma, Viking Therapeutics, and Revolution Medicines. Akero Therapeutics, Inc., a cardio-metabolic nonalcoholic steatohepatitis company, engages in the development of medicines designed to restore metabolic balance and improve overall health. Akero Therapeutics, Inc. was incorporated in 2017 and is headquartered in South San Francisco, California. Akero Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 37 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS00973Y1082
CUSIP00973Y108
LocationCalifornia; U.S.A
Business Address601 Gateway Boulevard,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteakerotx.com
Phone650 487 6488
CurrencyUSD - US Dollar

Akero Therapeutics Key Financial Ratios

Akero Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets138.1M273.3M195.5M356.6M580.3M609.3M
Other Current Liab8.4M9.4M18.2M10.8M11.6M9.4M
Net Tangible Assets128.7M258.7M169.1M326.6M375.5M394.3M
Net Debt(136.4M)(185.4M)(149.0M)(238.8M)(207.9M)(218.3M)
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
Other Assets69K201K417K108K1.00.95
Other Current Assets1.6M5.9M10.6M7.4M10.0M5.8M
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
Net Working Capital128.7M258.2M168.5M336.1M540.8M567.9M
Capital Surpluse259.0M468.2M479.4M748.9M861.2M438.3M

Akero Therapeutics Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(11.2M)122.5M(36.8M)99.3M(15.7M)(14.9M)
Free Cash Flow(35.6M)(71.0M)(79.7M)(92.5M)(145.4M)(138.1M)
Other Non Cash Items(104K)196K203K689K(8.5M)(8.0M)
Net Income(43.8M)(79.2M)(100.8M)(112.0M)(151.8M)(144.2M)
End Period Cash Flow64.8M187.4M150.6M249.9M234.2M151.4M
Change To Netincome1.7M6.3M10.1M23.5M21.2M25.8M

Akero Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Akero Therapeutics's current stock value. Our valuation model uses many indicators to compare Akero Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Akero Therapeutics competition to find correlations between indicators driving Akero Therapeutics's intrinsic value. More Info.
Akero Therapeutics is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Akero Therapeutics' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Akero Therapeutics' earnings, one of the primary drivers of an investment's value.

Akero Therapeutics Systematic Risk

Akero Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Akero Therapeutics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Akero Therapeutics correlated with the market. If Beta is less than 0 Akero Therapeutics generally moves in the opposite direction as compared to the market. If Akero Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Akero Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Akero Therapeutics is generally in the same direction as the market. If Beta > 1 Akero Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
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 decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Akero Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.14)

At this time, Akero Therapeutics' Price Earnings To Growth Ratio is very stable compared to the past year.

Akero Therapeutics November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Akero Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Akero Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Akero Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Akero Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Akero Therapeutics's daily price indicators and compare them against related drivers.
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 closely tied 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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
(3.78)
Return On Assets
(0.23)
Return On Equity
(0.36)
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.