Akamai Common Stock vs Cash Analysis
AKAM Stock | USD 92.90 1.82 2.00% |
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 Common Stock and its Cash 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 closely tied 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.
Common Stock vs Cash
Common Stock vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akamai Technologies Common Stock account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Akamai Technologies' Common Stock and Cash is 0.33. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash 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' Common Stock and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Akamai Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock i.e., Akamai Technologies' Common Stock and Cash go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Cash
Cash refers to the most liquid asset of Akamai Technologies, which is listed under current asset account on Akamai Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Akamai Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Akamai Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 closely tied 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 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 18.70, while Tax Provision is likely to drop about 72.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.2B | 2.2B | 2.3B | 2.4B | Total Revenue | 3.5B | 3.6B | 3.8B | 4.0B |
Akamai Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Akamai Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 267.8M | 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 | 167.2M | 135.7M | 69.0M | 250.3M | 262.9M | |
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 | 309.6M | 351.4M | 392.2M | 222.9M | 168.2M | |
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 closely tied 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.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Internet Services & Infrastructure 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 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 (0.64) | Earnings Share 3.38 | Revenue Per Share 26.167 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0419 |
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.