Akebia Other Current Liab vs Accounts Payable Analysis

AKBA Stock  USD 1.94  0.07  3.74%   
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 Other Current Liab and its Accounts Payable 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.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akebia Ther Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Akebia Ther's Other Current Liab and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable 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 Other Current Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Akebia Ther are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., Akebia Ther's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Akebia Ther obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Akebia Ther are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 3.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.9M15.7M6.0M9.4M
Depreciation And Amortization38.0M35.3M41.8M43.9M

Akebia Ther fundamental ratios Correlations

0.980.940.83-0.32-0.470.930.70.70.530.430.630.490.860.890.20.540.630.940.720.40.820.350.670.720.45
0.980.950.76-0.23-0.560.980.720.620.530.480.70.570.890.840.260.660.740.940.780.470.860.230.730.780.58
0.940.950.63-0.25-0.610.90.740.670.680.480.730.660.950.860.280.670.720.850.730.630.660.270.790.80.62
0.830.760.63-0.480.050.710.470.680.12-0.010.210.060.450.760.020.090.220.80.510.080.730.540.190.310.0
-0.32-0.23-0.25-0.48-0.37-0.12-0.65-0.77-0.090.510.210.24-0.17-0.620.00.240.11-0.09-0.030.16-0.21-0.52-0.040.120.15
-0.47-0.56-0.610.05-0.37-0.61-0.41-0.06-0.73-0.92-0.93-0.87-0.78-0.3-0.24-0.9-0.8-0.48-0.48-0.57-0.40.31-0.88-0.91-0.84
0.930.980.90.71-0.12-0.610.690.50.510.530.750.60.870.740.220.740.790.950.830.530.870.080.730.810.63
0.70.720.740.47-0.65-0.410.690.720.620.180.520.40.780.80.180.570.650.540.610.350.620.110.730.610.55
0.70.620.670.68-0.77-0.060.50.720.44-0.090.220.170.570.940.050.110.190.430.240.110.460.770.40.350.16
0.530.530.680.12-0.09-0.730.510.620.440.530.740.680.790.580.350.710.690.40.510.540.250.030.810.780.65
0.430.480.48-0.010.51-0.920.530.18-0.090.530.840.730.620.170.220.740.630.50.360.360.43-0.310.730.810.63
0.630.70.730.210.21-0.930.750.520.220.740.840.910.860.480.260.90.840.660.560.590.55-0.180.910.980.84
0.490.570.660.060.24-0.870.60.40.170.680.730.910.770.380.210.790.770.490.390.730.31-0.150.810.880.92
0.860.890.950.45-0.17-0.780.870.780.570.790.620.860.770.790.310.820.840.770.710.610.660.090.940.910.77
0.890.840.860.76-0.62-0.30.740.80.940.580.170.480.380.790.140.370.460.690.50.290.650.610.610.590.36
0.20.260.280.020.0-0.240.220.180.050.350.220.260.210.310.140.230.220.210.180.140.18-0.080.30.210.2
0.540.660.670.090.24-0.90.740.570.110.710.740.90.790.820.370.230.960.580.740.630.54-0.390.90.90.87
0.630.740.720.220.11-0.80.790.650.190.690.630.840.770.840.460.220.960.670.820.620.61-0.340.880.860.87
0.940.940.850.8-0.09-0.480.950.540.430.40.50.660.490.770.690.210.580.670.80.420.850.110.60.710.44
0.720.780.730.51-0.03-0.480.830.610.240.510.360.560.390.710.50.180.740.820.80.540.66-0.210.610.620.49
0.40.470.630.080.16-0.570.530.350.110.540.360.590.730.610.290.140.630.620.420.540.06-0.180.510.590.72
0.820.860.660.73-0.21-0.40.870.620.460.250.430.550.310.660.650.180.540.610.850.660.060.090.580.620.38
0.350.230.270.54-0.520.310.080.110.770.03-0.31-0.18-0.150.090.61-0.08-0.39-0.340.11-0.21-0.180.09-0.12-0.08-0.29
0.670.730.790.19-0.04-0.880.730.730.40.810.730.910.810.940.610.30.90.880.60.610.510.58-0.120.930.84
0.720.780.80.310.12-0.910.810.610.350.780.810.980.880.910.590.210.90.860.710.620.590.62-0.080.930.83
0.450.580.620.00.15-0.840.630.550.160.650.630.840.920.770.360.20.870.870.440.490.720.38-0.290.840.83
Click cells to compare fundamentals

Akebia Ther Account Relationship Matchups

Akebia Ther fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets771.2M644.1M525.6M351.8M241.7M411.2M
Other Current Liab124.1M125.3M99.7M66.3M38.3M64.9M
Total Current Liabilities208.1M187.1M256.5M124.8M99.9M130.9M
Total Stockholder Equity394.8M247.6M76.5M9.3M(30.6M)(29.1M)
Net Debt(39.1M)(102.4M)(13.8M)9.3M61.3M64.3M
Retained Earnings(794.1M)(1.2B)(1.5B)(1.6B)(1.6B)(1.5B)
Accounts Payable39.2M41.3M33.6M18.0M14.6M18.7M
Cash147.4M228.7M149.8M90.5M42.9M40.8M
Cash And Short Term Investments147.7M268.7M149.8M90.5M42.9M40.8M
Net Receivables38.9M26.9M50.9M39.2M39.3M28.0M
Common Stock Shares Outstanding118.4M138.5M165.9M182.8M187.5M97.4M
Liabilities And Stockholders Equity771.2M644.1M525.6M351.8M241.7M411.2M
Other Current Assets6.6M14.9M33.1M33.5M20.2M12.6M
Total Liab376.4M396.5M449.1M342.5M272.3M247.7M
Total Current Assets309.5M371.4M272.0M184.9M118.1M112.2M
Short Long Term Debt Total108.3M126.3M136.0M99.8M104.2M72.1M
Property Plant And Equipment Net39.4M35.5M40.6M34.4M16.0M18.1M
Non Current Assets Total461.7M272.7M253.5M166.9M123.6M182.0M
Non Currrent Assets Other76.0M38.0M49.8M5.4M10.8M20.7M
Other Assets76.0M64.9M640.3M94.5M108.7M112.1M
Non Current Liabilities Total168.3M209.4M192.6M217.7M172.4M127.4M
Other Stockholder Equity1.2B1.4B1.5B1.6B1.6B973.5M
Property Plant And Equipment Gross10.4M35.5M48.3M43.7M16.0M16.9M
Accumulated Other Comprehensive Income(261K)0.013K6K6.9K7.2K
Short Term Debt5.0M5.3M102.3M36.7M24.0M20.8M
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
Inventory116.3M61.0M38.2M21.8M15.7M14.9M
Non Current Liabilities Other90.9M110.6M190.8M98.5M62.9M70.3M
Intangible Assets291.2M144.2M108.1M72.1M36.0M34.2M
Current Deferred Revenue39.8M15.2M20.9M3.7M22.9M29.0M
Net Invested Capital470.6M344.0M174.0M75.4M4.1M3.9M

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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 CEOs Directory module to screen CEOs from public companies around the world.
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
(0.21)
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.