Alkermes Plc Stock Return On Asset
ALKS Stock | USD 29.02 0.30 1.02% |
Alkermes Plc fundamentals help investors to digest information that contributes to Alkermes Plc's financial success or failures. It also enables traders to predict the movement of Alkermes Stock. The fundamental analysis module provides a way to measure Alkermes Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alkermes Plc stock.
Return On Assets is likely to gain to 0.17 in 2024. Alkermes | Return On Asset |
Alkermes Plc Company Return On Asset Analysis
Alkermes Plc's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Alkermes Plc Return On Asset | 0.0898 |
Most of Alkermes Plc's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alkermes Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alkermes Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Alkermes Plc is extremely important. It helps to project a fair market value of Alkermes Stock properly, considering its historical fundamentals such as Return On Asset. Since Alkermes Plc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alkermes Plc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alkermes Plc's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Alkermes Total Assets
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Based on the latest financial disclosure, Alkermes Plc has a Return On Asset of 0.0898. This is 101.03% lower than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The return on asset for all United States stocks is 164.14% lower than that of the firm.
Alkermes Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alkermes Plc's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alkermes Plc could also be used in its relative valuation, which is a method of valuing Alkermes Plc by comparing valuation metrics of similar companies.Alkermes Plc is currently under evaluation in return on asset category among its peers.
Alkermes Plc ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Alkermes Plc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alkermes Plc's managers, analysts, and investors.Environmental | Governance | Social |
Alkermes Fundamentals
Return On Equity | 0.29 | ||||
Return On Asset | 0.0898 | ||||
Profit Margin | 0.22 % | ||||
Operating Margin | 0.28 % | ||||
Current Valuation | 4.15 B | ||||
Shares Outstanding | 161.8 M | ||||
Shares Owned By Insiders | 1.31 % | ||||
Shares Owned By Institutions | 98.69 % | ||||
Number Of Shares Shorted | 16.56 M | ||||
Price To Earning | (38.45) X | ||||
Price To Book | 3.63 X | ||||
Price To Sales | 3.15 X | ||||
Revenue | 1.66 B | ||||
Gross Profit | 893.69 M | ||||
EBITDA | 519.48 M | ||||
Net Income | 355.76 M | ||||
Cash And Equivalents | 580.97 M | ||||
Cash Per Share | 3.54 X | ||||
Total Debt | 372.19 M | ||||
Debt To Equity | 0.38 % | ||||
Current Ratio | 2.38 X | ||||
Book Value Per Share | 7.99 X | ||||
Cash Flow From Operations | 401.35 M | ||||
Short Ratio | 9.09 X | ||||
Earnings Per Share | 2.29 X | ||||
Price To Earnings To Growth | (1,057) X | ||||
Target Price | 34.08 | ||||
Number Of Employees | 2.1 K | ||||
Beta | 0.44 | ||||
Market Capitalization | 4.74 B | ||||
Total Asset | 2.14 B | ||||
Retained Earnings | (1.34 B) | ||||
Working Capital | 965.29 M | ||||
Current Asset | 754.96 M | ||||
Current Liabilities | 236.21 M | ||||
Net Asset | 2.14 B |
About Alkermes Plc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alkermes Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alkermes Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alkermes Plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Alkermes Stock Analysis
When running Alkermes Plc's price analysis, check to measure Alkermes Plc'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 Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.