Akamai Net Invested Capital vs Total Current Assets Analysis

AKAM Stock

USD 101.68 0.11 0.11%

Akamai Technologies financial indicator trend analysis is way more than just evaluating Akamai Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akamai Technologies is a good investment. Please check the relationship between Akamai Technologies Net Invested Capital and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akamai Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.

Net Invested Capital vs Total Current Assets

Net Invested Capital vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akamai Technologies Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Akamai Technologies' Net Invested Capital and Total Current Assets is 0.18. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Akamai Technologies, assuming nothing else is changed. The correlation between historical values of Akamai Technologies' Net Invested Capital and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Akamai Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., Akamai Technologies' Net Invested Capital and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Akamai Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akamai Technologies 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 Akamai Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.At this time, Akamai Technologies' Selling General Administrative is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value Over EBITDA is likely to grow to 18.23, while Tax Provision is likely to drop about 72.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.2B	2.2B	2.2B	2.3B
Total Revenue	3.5B	3.6B	3.8B	4.0B

Gross Profit Total Revenue

Akamai Technologies fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Short Term Debt
Total Assets		0.83	0.74	0.98	0.94	0.84	0.96	0.39	0.99	0.48	0.32	0.31	0.49	0.96	0.0	0.98	0.87	0.65	0.93	0.23	0.95	0.86	0.78	0.99	0.96	0.23
Total Current Liabilities	0.83		0.66	0.76	0.7	0.68	0.83	0.74	0.75	0.78	0.22	0.26	0.69	0.87	-0.02	0.81	0.61	0.84	0.7	0.17	0.75	0.88	0.77	0.85	0.73	0.68
Total Stockholder Equity	0.74	0.66		0.69	0.54	0.42	0.75	0.5	0.69	0.63	0.57	0.58	0.64	0.75	0.25	0.62	0.42	0.82	0.57	0.5	0.57	0.62	0.83	0.8	0.58	0.35
Property Plant And Equipment Net	0.98	0.76	0.69		0.97	0.89	0.92	0.29	0.98	0.39	0.18	0.16	0.42	0.89	-0.14	0.98	0.87	0.57	0.91	0.09	0.97	0.88	0.74	0.96	0.98	0.08
Net Debt	0.94	0.7	0.54	0.97		0.94	0.88	0.18	0.97	0.26	0.06	0.02	0.3	0.85	-0.26	0.98	0.93	0.44	0.93	-0.04	0.98	0.84	0.64	0.89	1.0	0.02
Retained Earnings	0.84	0.68	0.42	0.89	0.94		0.76	0.16	0.87	0.19	-0.21	-0.24	0.18	0.76	-0.51	0.92	0.86	0.36	0.89	-0.31	0.89	0.8	0.54	0.8	0.92	0.08
Accounts Payable	0.96	0.83	0.75	0.92	0.88	0.76		0.45	0.93	0.58	0.36	0.37	0.62	0.93	0.06	0.93	0.77	0.72	0.86	0.28	0.9	0.84	0.83	0.95	0.9	0.27
Cash	0.39	0.74	0.5	0.29	0.18	0.16	0.45		0.26	0.91	0.35	0.39	0.66	0.46	0.17	0.34	0.13	0.83	0.23	0.33	0.32	0.56	0.44	0.43	0.24	0.76
Non Current Assets Total	0.99	0.75	0.69	0.98	0.97	0.87	0.93	0.26		0.34	0.28	0.25	0.37	0.93	-0.05	0.98	0.92	0.53	0.96	0.18	0.96	0.82	0.71	0.96	0.98	0.11
Cash And Short Term Investments	0.48	0.78	0.63	0.39	0.26	0.19	0.58	0.91	0.34		0.37	0.46	0.92	0.55	0.26	0.42	0.11	0.95	0.22	0.37	0.35	0.63	0.7	0.54	0.32	0.71
Common Stock Total Equity	0.32	0.22	0.57	0.18	0.06	-0.21	0.36	0.35	0.28	0.37		0.97	0.32	0.37	0.85	0.15	0.16	0.41	0.22	0.98	0.17	0.07	0.28	0.35	0.12	0.22
Common Stock Shares Outstanding	0.31	0.26	0.58	0.16	0.02	-0.24	0.37	0.39	0.25	0.46	0.97		0.44	0.38	0.91	0.12	0.08	0.47	0.17	0.99	0.12	0.08	0.35	0.37	0.08	0.28
Short Term Investments	0.49	0.69	0.64	0.42	0.3	0.18	0.62	0.66	0.37	0.92	0.32	0.44		0.55	0.29	0.42	0.08	0.9	0.19	0.35	0.34	0.6	0.82	0.56	0.35	0.54
Other Current Assets	0.96	0.87	0.75	0.89	0.85	0.76	0.93	0.46	0.93	0.55	0.37	0.38	0.55		0.09	0.91	0.81	0.7	0.89	0.29	0.86	0.79	0.79	0.96	0.88	0.41
Other Stockholder Equity	0.0	-0.02	0.25	-0.14	-0.26	-0.51	0.06	0.17	-0.05	0.26	0.85	0.91	0.29	0.09		-0.18	-0.17	0.19	-0.14	0.93	-0.17	-0.21	0.12	0.06	-0.21	0.16
Total Liab	0.98	0.81	0.62	0.98	0.98	0.92	0.93	0.34	0.98	0.42	0.15	0.12	0.42	0.91	-0.18		0.91	0.57	0.94	0.05	0.98	0.89	0.71	0.94	0.99	0.18
Property Plant And Equipment Gross	0.87	0.61	0.42	0.87	0.93	0.86	0.77	0.13	0.92	0.11	0.16	0.08	0.08	0.81	-0.17	0.91		0.27	0.95	0.04	0.93	0.68	0.44	0.81	0.93	0.04
Total Current Assets	0.65	0.84	0.82	0.57	0.44	0.36	0.72	0.83	0.53	0.95	0.41	0.47	0.9	0.7	0.19	0.57	0.27		0.41	0.38	0.5	0.73	0.83	0.71	0.49	0.65
Intangible Assets	0.93	0.7	0.57	0.91	0.93	0.89	0.86	0.23	0.96	0.22	0.22	0.17	0.19	0.89	-0.14	0.94	0.95	0.41		0.11	0.93	0.72	0.55	0.89	0.94	0.14
Common Stock	0.23	0.17	0.5	0.09	-0.04	-0.31	0.28	0.33	0.18	0.37	0.98	0.99	0.35	0.29	0.93	0.05	0.04	0.38	0.11		0.07	0.01	0.25	0.28	0.02	0.21
Short Long Term Debt Total	0.95	0.75	0.57	0.97	0.98	0.89	0.9	0.32	0.96	0.35	0.17	0.12	0.34	0.86	-0.17	0.98	0.93	0.5	0.93	0.07		0.87	0.62	0.9	0.99	0.08
Other Current Liab	0.86	0.88	0.62	0.88	0.84	0.8	0.84	0.56	0.82	0.63	0.07	0.08	0.6	0.79	-0.21	0.89	0.68	0.73	0.72	0.01	0.87		0.72	0.86	0.85	0.3
Non Currrent Assets Other	0.78	0.77	0.83	0.74	0.64	0.54	0.83	0.44	0.71	0.7	0.28	0.35	0.82	0.79	0.12	0.71	0.44	0.83	0.55	0.25	0.62	0.72		0.83	0.67	0.4
Net Receivables	0.99	0.85	0.8	0.96	0.89	0.8	0.95	0.43	0.96	0.54	0.35	0.37	0.56	0.96	0.06	0.94	0.81	0.71	0.89	0.28	0.9	0.86	0.83		0.92	0.29
Non Current Liabilities Total	0.96	0.73	0.58	0.98	1.0	0.92	0.9	0.24	0.98	0.32	0.12	0.08	0.35	0.88	-0.21	0.99	0.93	0.49	0.94	0.02	0.99	0.85	0.67	0.92		0.06
Short Term Debt	0.23	0.68	0.35	0.08	0.02	0.08	0.27	0.76	0.11	0.71	0.22	0.28	0.54	0.41	0.16	0.18	0.04	0.65	0.14	0.21	0.08	0.3	0.4	0.29	0.06

Click cells to compare fundamentals

Akamai Technologies Account Relationship Matchups

Akamai Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.0B	7.8B	8.1B	8.3B	9.9B	10.4B
Total Current Liabilities	693.3M	758.2M	790.3M	818.9M	836.0M	877.8M
Total Stockholder Equity	3.7B	4.3B	4.5B	4.4B	4.6B	2.3B
Property Plant And Equipment Net	1.9B	2.3B	2.4B	2.4B	2.7B	2.9B
Net Debt	2.1B	2.4B	2.3B	2.6B	4.0B	4.2B
Retained Earnings	48.0M	605.1M	1.3B	1.9B	2.5B	2.6B
Accounts Payable	138.9M	118.5M	109.9M	145.4M	146.9M	154.3M
Cash	543.7M	352.9M	536.7M	542.3M	489.5M	315.7M
Non Current Assets Total	4.8B	5.8B	6.2B	6.3B	8.1B	8.5B
Cash And Short Term Investments	1.5B	1.1B	1.1B	1.1B	864.4M	690.9M
Common Stock Total Equity	1.6M	1.6M	1.6M	1.6M	1.8M	1.7M
Common Stock Shares Outstanding	164.6M	165.2M	165.8M	160.5M	155.4M	166.9M
Short Term Investments	993.2M	745.2M	541.5M	563.0M	375.0M	390.4M
Liabilities And Stockholders Equity	7.0B	7.8B	8.1B	8.3B	9.9B	10.4B
Other Current Assets	142.7M	171.4M	166.3M	185.0M	216.1M	226.9M
Other Stockholder Equity	3.7B	3.7B	3.3B	2.6B	2.2B	4.0B
Total Liab	3.3B	3.5B	3.6B	3.9B	5.3B	5.6B
Property Plant And Equipment Gross	1.2B	2.3B	2.4B	2.4B	5.6B	5.9B
Total Current Assets	2.2B	1.9B	1.9B	2.0B	1.8B	1.1B
Accumulated Other Comprehensive Income	(45.1M)	(20.2M)	(69.1M)	(140.3M)	(95.3M)	(90.6M)
Intangible Assets	179.4M	234.7M	313.2M	441.7M	536.1M	563.0M
Common Stock	1.6M	1.6M	1.6M	1.6M	1.5M	1.7M
Short Long Term Debt Total	2.7B	2.8B	2.9B	3.2B	4.5B	4.8B
Other Current Liab	343.7M	408.2M	418.2M	372.2M	358.6M	376.6M
Non Currrent Assets Other	173.1M	147.6M	142.3M	116.5M	124.3M	102.6M
Net Receivables	551.9M	660.1M	675.9M	679.2M	724.3M	760.5M
Non Current Liabilities Total	2.7B	2.8B	2.8B	3.1B	4.5B	4.7B
Short Term Debt	139.5M	154.8M	175.7M	196.1M	222.9M	144.1M
Other Liab	123.6M	132.6M	135.1M	145.8M	167.7M	176.1M
Current Deferred Revenue	71.2M	76.6M	86.5M	105.1M	107.5M	112.9M
Other Assets	214.9M	1.7B	310.6M	454.2M	522.3M	548.4M
Long Term Debt	1.8B	1.9B	2.0B	2.3B	3.5B	3.7B
Property Plant Equipment	1.2B	1.5B	2.4B	2.4B	2.7B	2.8B
Good Will	1.6B	1.7B	2.2B	2.8B	2.9B	3.0B
Net Tangible Assets	1.9B	2.3B	2.1B	1.2B	1.3B	1.9B
Retained Earnings Total Equity	(430.9M)	48.0M	605.1M	1.3B	1.4B	1.5B
Capital Surpluse	3.7B	3.7B	3.7B	3.3B	3.0B	3.4B
Deferred Long Term Liab	29.2M	37.5M	30.4M	29.1M	33.4M	17.1M
Long Term Investments	835.4M	1.4B	1.1B	320.5M	1.4B	815.0M

Pair Trading with Akamai Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akamai Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akamai Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Akamai Stock

0.69	S	SentinelOne Financial Report 6th of June 2024	Pair Corr
0.69	JG	Aurora Mobile	Pair Corr

Moving against Akamai Stock

0.87	DTSS	Datasea Tech Boost	Pair Corr
0.68	GB	Global Blue Group	Pair Corr
0.67	NN	Nextnav Acquisition Corp Upward Rally	Pair Corr
0.57	SQ	Block Inc Aggressive Push	Pair Corr
0.57	VERI	Veritone Financial Report 7th of May 2024	Pair Corr

The ability to find closely correlated positions to Akamai Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akamai Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akamai Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akamai Technologies to buy it.

The correlation of Akamai Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akamai Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akamai Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Akamai Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Akamai Technologies is a strong investment it is important to analyze Akamai Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akamai Technologies' future performance. For an informed investment choice regarding Akamai Stock, refer to the following important reports:

How To Invest In Akamai

Details

Is Akamai Stock a good investment?

Details

What is Akamai Technologies' Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akamai Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.

Note that the Akamai Technologies information on this page should be used as a complementary analysis to other Akamai Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Akamai Stock analysis

When running Akamai Technologies' price analysis, check to measure Akamai Technologies' 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 Akamai Technologies is operating at the current time. Most of Akamai Technologies' value examination focuses on studying past and present price action to predict the probability of Akamai Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akamai Technologies' price. Additionally, you may evaluate how the addition of Akamai Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Akamai Technologies' 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 Akamai Technologies. If investors know Akamai 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 Akamai Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.257

Earnings Share

3.52

Revenue Per Share

24.995

Quarterly Revenue Growth

0.072

Return On Assets

0.0486

The market value of Akamai Technologies is measured differently than its book value, which is the value of Akamai that is recorded on the company's balance sheet. Investors also form their own opinion of Akamai Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akamai Technologies' 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 Akamai Technologies' market value can be influenced by many factors that don't directly affect Akamai Technologies' 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 Akamai Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akamai Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akamai Technologies' 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.

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Akamai Net Invested Capital vs Total Current Assets Analysis

Net Invested Capital vs Total Current Assets

Net Invested Capital vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Current Assets

Akamai Technologies fundamental ratios Correlations

Akamai Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Akamai Technologies fundamental ratios Accounts

Pair Trading with Akamai Technologies

Moving together with Akamai Stock

Moving against Akamai Stock

Complementary Tools for Akamai Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Net Debt
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 0.99	Total Liab
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.51	Retained Earnings
Common Stock	- 0.31	Retained Earnings
Other Stockholder Equity	- 0.26	Net Debt
Common Stock Shares Outstanding	- 0.24	Retained Earnings
Non Current Liabilities Total	- 0.21	Other Stockholder Equity
Other Current Liab	- 0.21	Other Stockholder Equity