Akebia Total Current Liabilities vs Non Current Assets Total Analysis

AKBA Stock  USD 2.13  0.01  0.47%   
Akebia Ther financial indicator trend analysis is way more than just evaluating Akebia Ther prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akebia Ther is a good investment. Please check the relationship between Akebia Ther Total Current Liabilities and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akebia Ther. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Akebia Stock refer to our How to Trade Akebia Stock guide.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akebia Ther Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Akebia Ther's Total Current Liabilities and Non Current Assets Total is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Akebia Ther, assuming nothing else is changed. The correlation between historical values of Akebia Ther's Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Akebia Ther are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Akebia Ther's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Akebia Ther balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Akebia Ther 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Akebia Ther's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akebia Ther 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 Akebia Ther. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Akebia Stock refer to our How to Trade Akebia Stock guide.The current year's Enterprise Value is expected to grow to about 394.5 M, whereas Selling General Administrative is forecasted to decline to about 3.5 M.
 2022 2023 2024 2025 (projected)
Interest Expense15.7M6.0M6.9M9.4M
Depreciation And Amortization35.3M37.6M43.3M45.4M

Akebia Ther fundamental ratios Correlations

0.960.930.82-0.3-0.440.930.710.70.490.390.520.460.830.910.190.490.620.930.720.40.820.620.650.440.3
0.960.950.68-0.12-0.620.980.690.570.570.550.670.620.910.830.270.690.760.940.770.50.840.760.790.610.43
0.930.950.61-0.22-0.60.90.730.650.660.460.630.640.940.880.280.640.720.850.730.630.660.760.750.620.56
0.820.680.61-0.510.10.680.470.690.05-0.090.00.00.40.720.00.010.20.780.50.070.720.120.19-0.02-0.09
-0.3-0.12-0.22-0.51-0.44-0.1-0.62-0.760.040.590.470.32-0.08-0.510.030.340.13-0.07-0.020.15-0.20.080.250.170.29
-0.44-0.62-0.60.1-0.44-0.59-0.38-0.02-0.77-0.92-0.96-0.89-0.79-0.34-0.25-0.92-0.8-0.47-0.47-0.56-0.38-0.91-0.93-0.84-0.67
0.930.980.90.68-0.1-0.590.680.490.50.510.630.590.860.750.220.710.790.950.830.530.870.710.750.630.44
0.710.690.730.47-0.62-0.380.680.720.560.150.320.360.750.780.170.510.640.540.610.350.620.670.510.540.27
0.70.570.650.69-0.76-0.020.490.720.35-0.130.030.110.530.90.040.040.170.420.240.10.460.320.240.140.0
0.490.570.660.050.04-0.770.50.560.350.590.720.720.790.530.350.740.690.390.480.530.230.830.810.650.6
0.390.550.46-0.090.59-0.920.510.15-0.130.590.970.760.640.240.230.770.620.480.350.340.390.760.850.620.47
0.520.670.630.00.47-0.960.630.320.030.720.970.840.780.390.260.860.740.560.480.50.440.860.920.740.6
0.460.620.640.00.32-0.890.590.360.110.720.760.840.780.360.220.810.760.480.380.720.290.830.890.910.83
0.830.910.940.4-0.08-0.790.860.750.530.790.640.780.780.780.310.820.840.760.70.60.640.940.890.770.6
0.910.830.880.72-0.51-0.340.750.780.90.530.240.390.360.780.150.350.470.70.510.30.650.580.530.370.21
0.190.270.280.00.03-0.250.220.170.040.350.230.260.220.310.150.240.230.210.180.140.180.30.220.210.15
0.490.690.640.010.34-0.920.710.510.040.740.770.860.810.820.350.240.930.550.70.60.510.910.910.850.66
0.620.760.720.20.13-0.80.790.640.170.690.620.740.760.840.470.230.930.670.820.620.610.860.820.870.64
0.930.940.850.78-0.07-0.470.950.540.420.390.480.560.480.760.70.210.550.670.80.430.850.570.660.440.33
0.720.770.730.5-0.02-0.470.830.610.240.480.350.480.380.70.510.180.70.820.80.540.660.580.570.490.42
0.40.50.630.070.15-0.560.530.350.10.530.340.50.720.60.30.140.60.620.430.540.060.50.550.720.96
0.820.840.660.72-0.2-0.380.870.620.460.230.390.440.290.640.650.180.510.610.850.660.060.550.560.38-0.02
0.620.760.760.120.08-0.910.710.670.320.830.760.860.830.940.580.30.910.860.570.580.50.550.940.820.57
0.650.790.750.190.25-0.930.750.510.240.810.850.920.890.890.530.220.910.820.660.570.550.560.940.790.62
0.440.610.62-0.020.17-0.840.630.540.140.650.620.740.910.770.370.210.850.870.440.490.720.380.820.790.8
0.30.430.56-0.090.29-0.670.440.270.00.60.470.60.830.60.210.150.660.640.330.420.96-0.020.570.620.8
Click cells to compare fundamentals

Akebia Ther Account Relationship Matchups

Akebia Ther fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets644.1M525.6M351.8M241.7M278.0M411.2M
Other Current Liab125.3M104.2M71.0M61.2M70.4M67.9M
Total Current Liabilities187.1M256.5M124.8M99.9M114.9M130.9M
Total Stockholder Equity247.6M76.5M9.3M(30.6M)(35.2M)(33.4M)
Net Debt(102.4M)(13.8M)9.3M61.3M70.4M74.0M
Retained Earnings(1.2B)(1.5B)(1.6B)(1.6B)(1.4B)(1.4B)
Accounts Payable41.3M33.6M18.0M14.6M16.8M18.7M
Cash228.7M149.8M90.5M42.9M49.4M46.9M
Cash And Short Term Investments268.7M149.8M90.5M42.9M49.4M46.9M
Net Receivables26.9M51.6M41.1M39.3M45.2M28.3M
Common Stock Shares Outstanding138.5M165.9M182.8M187.5M215.6M226.4M
Liabilities And Stockholders Equity644.1M525.6M351.8M241.7M278.0M411.2M
Other Current Assets14.9M33.1M32.9M20.2M23.3M12.6M
Total Liab396.5M449.1M342.5M272.3M313.1M247.7M
Total Current Assets371.4M272.0M184.9M118.1M135.9M244.4M
Short Long Term Debt Total126.3M136.0M99.8M104.2M119.8M72.1M
Property Plant And Equipment Net35.5M40.6M34.4M16.0M18.5M18.1M
Non Current Assets Total272.7M253.5M166.9M123.6M142.1M182.0M
Non Currrent Assets Other38.0M49.8M5.4M12.4M14.3M20.8M
Other Assets76.0M64.9M640.3M94.5M108.7M112.1M
Long Term Debt98.8M1.8M34.1M17.2M19.8M25.2M
Non Current Liabilities Total209.4M192.6M217.7M172.4M198.3M127.4M
Other Stockholder Equity1.4B1.5B1.6B1.6B1.8B973.5M
Property Plant And Equipment Gross35.5M48.3M43.7M16.0M18.5M16.9M
Accumulated Other Comprehensive Income(261K)0.013K6K6.9K7.2K
Short Term Debt5.3M102.3M36.7M24.0M27.6M20.8M
Property Plant Equipment10.4M8.6M6.8M5.2M6.0M5.1M
Other Liab65.0M88.4M158.9M158.2M182.0M95.8M
Net Tangible Assets48.5M48.4M(86.7M)(117.8M)(106.0M)(100.7M)
Retained Earnings Total Equity(794.1M)(1.2B)(1.5B)(1.6B)(1.4B)(1.3B)
Capital Surpluse1.2B1.4B1.5B1.6B1.8B1.0B
Inventory61.0M38.2M21.8M15.7M18.0M17.1M
Non Current Liabilities Other110.6M190.8M98.5M62.9M72.3M70.3M
Intangible Assets144.2M108.1M72.1M36.0M41.4M39.4M
Current Deferred Revenue15.2M20.9M3.7M22.9M20.6M29.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Akebia Ther offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akebia Ther's 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 Akebia Ther Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akebia Ther Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akebia Ther. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Akebia Stock refer to our How to Trade Akebia Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 Akebia Ther. If investors know Akebia 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 Akebia Ther listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Revenue Per Share
0.834
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.09)
Return On Equity
(5.53)
The market value of Akebia Ther is measured differently than its book value, which is the value of Akebia that is recorded on the company's balance sheet. Investors also form their own opinion of Akebia Ther's value that differs from its market value or its book value, called intrinsic value, which is Akebia Ther's 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 Akebia Ther's market value can be influenced by many factors that don't directly affect Akebia Ther's 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 Akebia Ther's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akebia Ther is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akebia Ther's 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.