Akamai Total Current Liabilities vs Common Stock Analysis

AKAM Stock  USD 102.12  0.45  0.44%   
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 Total Current Liabilities and its Common Stock 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.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akamai Technologies Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Akamai Technologies' Total Current Liabilities and Common Stock is 0.17. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock 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' Total Current Liabilities and Common Stock 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 Akamai Technologies are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Akamai Technologies' Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

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

Common Stock

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 9th of May 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 Profit2.2B2.2B2.2B2.3B
Total Revenue3.5B3.6B3.8B4.0B

Akamai Technologies fundamental ratios Correlations

0.830.740.980.940.840.960.390.990.480.320.310.490.960.00.980.870.650.930.230.950.860.780.990.960.23
0.830.660.760.70.680.830.740.750.780.220.260.690.87-0.020.810.610.840.70.170.750.880.770.850.730.68
0.740.660.690.540.420.750.50.690.630.570.580.640.750.250.620.420.820.570.50.570.620.830.80.580.35
0.980.760.690.970.890.920.290.980.390.180.160.420.89-0.140.980.870.570.910.090.970.880.740.960.980.08
0.940.70.540.970.940.880.180.970.260.060.020.30.85-0.260.980.930.440.93-0.040.980.840.640.891.00.02
0.840.680.420.890.940.760.160.870.19-0.21-0.240.180.76-0.510.920.860.360.89-0.310.890.80.540.80.920.08
0.960.830.750.920.880.760.450.930.580.360.370.620.930.060.930.770.720.860.280.90.840.830.950.90.27
0.390.740.50.290.180.160.450.260.910.350.390.660.460.170.340.130.830.230.330.320.560.440.430.240.76
0.990.750.690.980.970.870.930.260.340.280.250.370.93-0.050.980.920.530.960.180.960.820.710.960.980.11
0.480.780.630.390.260.190.580.910.340.370.460.920.550.260.420.110.950.220.370.350.630.70.540.320.71
0.320.220.570.180.06-0.210.360.350.280.370.970.320.370.850.150.160.410.220.980.170.070.280.350.120.22
0.310.260.580.160.02-0.240.370.390.250.460.970.440.380.910.120.080.470.170.990.120.080.350.370.080.28
0.490.690.640.420.30.180.620.660.370.920.320.440.550.290.420.080.90.190.350.340.60.820.560.350.54
0.960.870.750.890.850.760.930.460.930.550.370.380.550.090.910.810.70.890.290.860.790.790.960.880.41
0.0-0.020.25-0.14-0.26-0.510.060.17-0.050.260.850.910.290.09-0.18-0.170.19-0.140.93-0.17-0.210.120.06-0.210.16
0.980.810.620.980.980.920.930.340.980.420.150.120.420.91-0.180.910.570.940.050.980.890.710.940.990.18
0.870.610.420.870.930.860.770.130.920.110.160.080.080.81-0.170.910.270.950.040.930.680.440.810.930.04
0.650.840.820.570.440.360.720.830.530.950.410.470.90.70.190.570.270.410.380.50.730.830.710.490.65
0.930.70.570.910.930.890.860.230.960.220.220.170.190.89-0.140.940.950.410.110.930.720.550.890.940.14
0.230.170.50.09-0.04-0.310.280.330.180.370.980.990.350.290.930.050.040.380.110.070.010.250.280.020.21
0.950.750.570.970.980.890.90.320.960.350.170.120.340.86-0.170.980.930.50.930.070.870.620.90.990.08
0.860.880.620.880.840.80.840.560.820.630.070.080.60.79-0.210.890.680.730.720.010.870.720.860.850.3
0.780.770.830.740.640.540.830.440.710.70.280.350.820.790.120.710.440.830.550.250.620.720.830.670.4
0.990.850.80.960.890.80.950.430.960.540.350.370.560.960.060.940.810.710.890.280.90.860.830.920.29
0.960.730.580.981.00.920.90.240.980.320.120.080.350.88-0.210.990.930.490.940.020.990.850.670.920.06
0.230.680.350.080.020.080.270.760.110.710.220.280.540.410.160.180.040.650.140.210.080.30.40.290.06
Click cells to compare fundamentals

Akamai Technologies Account Relationship Matchups

Akamai Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B7.8B8.1B8.3B9.9B10.4B
Total Current Liabilities693.3M758.2M790.3M818.9M836.0M877.8M
Total Stockholder Equity3.7B4.3B4.5B4.4B4.6B2.3B
Property Plant And Equipment Net1.9B2.3B2.4B2.4B2.7B2.9B
Net Debt2.1B2.4B2.3B2.6B4.0B4.2B
Retained Earnings48.0M605.1M1.3B1.9B2.5B2.6B
Accounts Payable138.9M118.5M109.9M145.4M146.9M154.3M
Cash543.7M352.9M536.7M542.3M489.5M315.7M
Non Current Assets Total4.8B5.8B6.2B6.3B8.1B8.5B
Cash And Short Term Investments1.5B1.1B1.1B1.1B864.4M690.9M
Common Stock Total Equity1.6M1.6M1.6M1.6M1.8M1.7M
Common Stock Shares Outstanding164.6M165.2M165.8M160.5M155.4M166.9M
Short Term Investments993.2M745.2M541.5M563.0M375.0M390.4M
Liabilities And Stockholders Equity7.0B7.8B8.1B8.3B9.9B10.4B
Other Current Assets142.7M171.4M166.3M185.0M216.1M226.9M
Other Stockholder Equity3.7B3.7B3.3B2.6B2.2B4.0B
Total Liab3.3B3.5B3.6B3.9B5.3B5.6B
Property Plant And Equipment Gross1.2B2.3B2.4B2.4B5.6B5.9B
Total Current Assets2.2B1.9B1.9B2.0B1.8B1.1B
Accumulated Other Comprehensive Income(45.1M)(20.2M)(69.1M)(140.3M)(95.3M)(90.6M)
Intangible Assets179.4M234.7M313.2M441.7M536.1M563.0M
Common Stock1.6M1.6M1.6M1.6M1.5M1.7M
Short Long Term Debt Total2.7B2.8B2.9B3.2B4.5B4.8B
Other Current Liab343.7M408.2M418.2M372.2M358.6M376.6M
Non Currrent Assets Other173.1M147.6M142.3M116.5M124.3M102.6M
Net Receivables551.9M660.1M675.9M679.2M724.3M760.5M
Non Current Liabilities Total2.7B2.8B2.8B3.1B4.5B4.7B
Short Term Debt139.5M154.8M175.7M196.1M222.9M144.1M
Other Liab123.6M132.6M135.1M145.8M167.7M176.1M
Current Deferred Revenue71.2M76.6M86.5M105.1M107.5M112.9M
Other Assets214.9M1.7B310.6M454.2M522.3M548.4M
Long Term Debt1.8B1.9B2.0B2.3B3.5B3.7B
Property Plant Equipment1.2B1.5B2.4B2.4B2.7B2.8B
Good Will1.6B1.7B2.2B2.8B2.9B3.0B
Net Tangible Assets1.9B2.3B2.1B1.2B1.3B1.9B
Retained Earnings Total Equity(430.9M)48.0M605.1M1.3B1.4B1.5B
Capital Surpluse3.7B3.7B3.7B3.3B3.0B3.4B
Deferred Long Term Liab29.2M37.5M30.4M29.1M33.4M17.1M
Long Term Investments835.4M1.4B1.1B320.5M1.4B815.0M

Akamai Technologies Investors Sentiment

The influence of Akamai Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Akamai. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Akamai Technologies' public news can be used to forecast risks associated with an investment in Akamai. The trend in average sentiment can be used to explain how an investor holding Akamai can time the market purely based on public headlines and social activities around Akamai Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Akamai Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Akamai Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Akamai Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Akamai Technologies.

Akamai Technologies Implied Volatility

    
  246.53  
Akamai Technologies' implied volatility exposes the market's sentiment of Akamai Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Akamai Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Akamai Technologies stock will not fluctuate a lot when Akamai Technologies' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Akamai Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Akamai Technologies' short interest history, or implied volatility extrapolated from Akamai Technologies options trading.

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

  0.77S SentinelOne Financial Report 6th of June 2024 PairCorr

Moving against Akamai Stock

  0.79DTSS DataseaPairCorr
  0.69NN Nextnav Acquisition CorpPairCorr
  0.63GB Global Blue GroupPairCorr
  0.44VERI Veritone Upward RallyPairCorr
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 CorrelationCorrelation 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:
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.