Allakos Total Current Liabilities from 2010 to 2024

ALLK Stock  USD 1.03  0.02  1.98%   
Allakos Total Current Liabilities yearly trend continues to be quite stable with very little volatility. The value of Total Current Liabilities is projected to decrease to about 21 M. Total Current Liabilities is the total amount of liabilities that Allakos is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2016-12-31
Previous Quarter
35.9 M
Current Value
16 M
Quarterly Volatility
12.7 M
 
Covid
Check Allakos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allakos' main balance sheet or income statement drivers, such as Net Interest Income of 11.3 M, Interest Income of 11.3 M or Depreciation And Amortization of 6.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.47. Allakos financial statements analysis is a perfect complement when working with Allakos Valuation or Volatility modules.
  
Check out the analysis of Allakos Correlation against competitors.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.

Latest Allakos' Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Allakos over the last few years. Total Current Liabilities is an item on Allakos balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Allakos are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is 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. Allakos' Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allakos' overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Allakos Total Current Liabilities Regression Statistics

Arithmetic Mean12,613,391
Geometric Mean6,740,243
Coefficient Of Variation109.51
Mean Deviation11,697,002
Median2,792,000
Standard Deviation13,812,740
Sample Variance190.8T
Range37.7M
R-Value0.82
Mean Square Error68.7T
R-Squared0.67
Significance0.0002
Slope2,520,089
Total Sum of Squares2671.1T

Allakos Total Current Liabilities History

202421 M
202336.6 M
202230 M
202140.2 M
202022.4 M
201913.1 M
20185.3 M

About Allakos Financial Statements

Allakos investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Allakos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities36.6 M21 M

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When determining whether Allakos is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Allakos Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Allakos Stock. Highlighted below are key reports to facilitate an investment decision about Allakos Stock:
Check out the analysis of Allakos Correlation against competitors.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Allakos. If investors know Allakos 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 Allakos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.03)
Return On Assets
(0.49)
Return On Equity
(1.22)
The market value of Allakos is measured differently than its book value, which is the value of Allakos that is recorded on the company's balance sheet. Investors also form their own opinion of Allakos' value that differs from its market value or its book value, called intrinsic value, which is Allakos' 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 Allakos' market value can be influenced by many factors that don't directly affect Allakos' 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 Allakos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allakos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allakos' 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.