Allakos Accounts Payable vs Short Long Term Debt Analysis

ALLK Stock

USD 0.29 0.02 6.45%

Allakos financial indicator trend analysis is way more than just evaluating Allakos prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allakos is a good investment. Please check the relationship between Allakos Accounts Payable and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allakos. 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 economic analysis.

For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.

Accounts Payable vs Short Long Term Debt

Accounts Payable vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allakos Accounts Payable account and Short Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Allakos' Accounts Payable and Short Long Term Debt is 0.13. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Allakos, assuming nothing else is changed. The correlation between historical values of Allakos' Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Allakos are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., Allakos' Accounts Payable and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Allakos 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 Allakos 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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Allakos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allakos 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 Allakos. 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 economic analysis.

For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.Enterprise Value is expected to rise to about 784.5 M this year, although the value of Tax Provision is projected to rise to (1.6 M).

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	7.1M	6.1M	7.1M	7.4M
Interest Income	3.7M	10.7M	12.4M	13.0M

Depreciation And Amortization Interest Income

Allakos fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.72	0.46	0.68	0.99	0.86	0.97	0.74	-0.74	-0.53	0.86	0.86	0.73	0.55	0.59	-0.2	0.99	0.69	0.44	-0.2	-0.28	0.76	0.74	0.75	0.1	0.66
Short Long Term Debt Total	0.72		0.84	0.91	0.68	0.87	0.76	0.98	-0.47	-0.88	0.6	0.75	0.98	0.9	0.88	-0.32	0.63	0.83	0.83	-0.32	-0.16	0.91	0.82	0.91	0.37	0.94
Other Current Liab	0.46	0.84		0.96	0.4	0.81	0.54	0.84	-0.11	-0.96	0.19	0.48	0.84	0.98	0.97	-0.69	0.35	0.89	0.85	-0.69	-0.13	0.91	0.59	0.92	0.4	0.96
Total Current Liabilities	0.68	0.91	0.96		0.64	0.92	0.74	0.92	-0.32	-0.95	0.44	0.65	0.93	0.97	0.98	-0.6	0.59	0.93	0.83	-0.6	-0.2	0.97	0.74	0.97	0.35	0.99
Total Stockholder Equity	0.99	0.68	0.4	0.64		0.84	0.98	0.69	-0.69	-0.48	0.85	0.8	0.69	0.5	0.54	-0.18	0.99	0.67	0.39	-0.18	-0.39	0.73	0.7	0.71	-0.03	0.62
Other Liab	0.86	0.87	0.81	0.92	0.84		0.91	0.88	-0.41	-0.86	0.56	0.69	0.88	0.85	0.89	-0.49	0.8	0.94	0.77	-0.49	-0.34	0.97	0.69	0.97	0.18	0.9
Net Tangible Assets	0.97	0.76	0.54	0.74	0.98	0.91		0.78	-0.64	-0.62	0.78	0.79	0.77	0.61	0.65	-0.24	0.96	0.77	0.57	-0.24	-0.41	0.83	0.68	0.81	0.02	0.72
Property Plant And Equipment Net	0.74	0.98	0.84	0.92	0.69	0.88	0.78		-0.46	-0.89	0.6	0.73	1.0	0.91	0.9	-0.29	0.64	0.86	0.82	-0.29	-0.18	0.92	0.85	0.91	0.35	0.94
Net Debt	-0.74	-0.47	-0.11	-0.32	-0.69	-0.41	-0.64	-0.46		0.15	-0.87	-0.92	-0.44	-0.2	-0.17	-0.11	-0.76	-0.24	-0.12	-0.11	-0.25	-0.35	-0.6	-0.33	-0.41	-0.34
Retained Earnings	-0.53	-0.88	-0.96	-0.95	-0.48	-0.86	-0.62	-0.89	0.15		-0.22	-0.5	-0.89	-0.97	-0.97	0.55	-0.43	-0.94	-0.89	0.55	0.18	-0.94	-0.6	-0.95	-0.35	-0.96
Accounts Payable	0.86	0.6	0.19	0.44	0.85	0.56	0.78	0.6	-0.87	-0.22		0.86	0.59	0.3	0.31	0.13	0.86	0.32	0.19	0.13	-0.11	0.46	0.79	0.44	0.14	0.43
Cash	0.86	0.75	0.48	0.65	0.8	0.69	0.79	0.73	-0.92	-0.5	0.86		0.72	0.56	0.53	-0.19	0.83	0.56	0.41	-0.19	0.12	0.67	0.78	0.66	0.46	0.67
Non Current Assets Total	0.73	0.98	0.84	0.93	0.69	0.88	0.77	1.0	-0.44	-0.89	0.59	0.72		0.92	0.91	-0.29	0.63	0.86	0.82	-0.29	-0.18	0.91	0.85	0.91	0.35	0.94
Non Currrent Assets Other	0.55	0.9	0.98	0.97	0.5	0.85	0.61	0.91	-0.2	-0.97	0.3	0.56	0.92		0.99	-0.6	0.45	0.92	0.83	-0.6	-0.15	0.94	0.71	0.94	0.38	0.98
Other Assets	0.59	0.88	0.97	0.98	0.54	0.89	0.65	0.9	-0.17	-0.97	0.31	0.53	0.91	0.99		-0.6	0.49	0.93	0.84	-0.6	-0.2	0.95	0.7	0.95	0.35	0.97
Long Term Debt	-0.2	-0.32	-0.69	-0.6	-0.18	-0.49	-0.24	-0.29	-0.11	0.55	0.13	-0.19	-0.29	-0.6	-0.6		-0.17	-0.61	-0.38	1.0	0.12	-0.57	-0.14	-0.58	-0.18	-0.58
Cash And Short Term Investments	0.99	0.63	0.35	0.59	0.99	0.8	0.96	0.64	-0.76	-0.43	0.86	0.83	0.63	0.45	0.49	-0.17		0.62	0.35	-0.17	-0.28	0.69	0.66	0.67	0.04	0.57
Common Stock Total Equity	0.69	0.83	0.89	0.93	0.67	0.94	0.77	0.86	-0.24	-0.94	0.32	0.56	0.86	0.92	0.93	-0.61	0.62		0.8	-0.61	-0.35	0.98	0.59	0.97	0.18	0.93
Common Stock Shares Outstanding	0.44	0.83	0.85	0.83	0.39	0.77	0.57	0.82	-0.12	-0.89	0.19	0.41	0.82	0.83	0.84	-0.38	0.35	0.8		-0.38	-0.13	0.83	0.43	0.85	0.37	0.83
Long Term Debt Total	-0.2	-0.32	-0.69	-0.6	-0.18	-0.49	-0.24	-0.29	-0.11	0.55	0.13	-0.19	-0.29	-0.6	-0.6	1.0	-0.17	-0.61	-0.38		0.12	-0.57	-0.14	-0.58	-0.18	-0.58
Non Current Liabilities Total	-0.28	-0.16	-0.13	-0.2	-0.39	-0.34	-0.41	-0.18	-0.25	0.18	-0.11	0.12	-0.18	-0.15	-0.2	0.12	-0.28	-0.35	-0.13	0.12		-0.29	-0.07	-0.25	0.84	-0.18
Capital Surpluse	0.76	0.91	0.91	0.97	0.73	0.97	0.83	0.92	-0.35	-0.94	0.46	0.67	0.91	0.94	0.95	-0.57	0.69	0.98	0.83	-0.57	-0.29		0.69	1.0	0.25	0.97
Other Current Assets	0.74	0.82	0.59	0.74	0.7	0.69	0.68	0.85	-0.6	-0.6	0.79	0.78	0.85	0.71	0.7	-0.14	0.66	0.59	0.43	-0.14	-0.07	0.69		0.68	0.33	0.75
Other Stockholder Equity	0.75	0.91	0.92	0.97	0.71	0.97	0.81	0.91	-0.33	-0.95	0.44	0.66	0.91	0.94	0.95	-0.58	0.67	0.97	0.85	-0.58	-0.25	1.0	0.68		0.29	0.97
Total Liab	0.1	0.37	0.4	0.35	-0.03	0.18	0.02	0.35	-0.41	-0.35	0.14	0.46	0.35	0.38	0.35	-0.18	0.04	0.18	0.37	-0.18	0.84	0.25	0.33	0.29		0.37
Property Plant And Equipment Gross	0.66	0.94	0.96	0.99	0.62	0.9	0.72	0.94	-0.34	-0.96	0.43	0.67	0.94	0.98	0.97	-0.58	0.57	0.93	0.83	-0.58	-0.18	0.97	0.75	0.97	0.37

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Allakos Account Relationship Matchups

Allakos fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	719.6M	534.8M	386.4M	243.6M	280.2M	370.4M
Short Long Term Debt Total	42.8M	49.1M	49.1M	41.5M	47.7M	30.8M
Other Current Liab	8.0M	24.2M	22.0M	31.6M	36.3M	38.1M
Total Current Liabilities	22.5M	40.2M	30.0M	36.6M	42.1M	44.2M
Total Stockholder Equity	654.4M	445.5M	310.4M	168.8M	194.1M	297.5M
Net Tangible Assets	495.7M	654.4M	445.5M	310.4M	357.0M	313.5M
Property Plant And Equipment Net	48.1M	74.8M	69.4M	57.5M	66.1M	37.6M
Net Debt	(164.4M)	(103.7M)	(38.1M)	(25.0M)	(22.5M)	(23.6M)
Retained Earnings	(343.0M)	(612.8M)	(932.8M)	(1.1B)	(1.0B)	(956.3M)
Accounts Payable	14.0M	13.7M	4.8M	1.8M	2.0M	1.9M
Cash	207.2M	152.8M	87.2M	66.4M	76.4M	94.1M
Non Current Assets Total	50.4M	83.2M	77.6M	63.7M	73.3M	41.7M
Non Currrent Assets Other	2.3M	6.2M	6.7M	6.2M	7.1M	7.5M
Other Assets	2.8M	2.3M	8.4M	8.2M	9.4M	9.9M
Cash And Short Term Investments	659.0M	424.2M	279.8M	170.8M	196.4M	317.2M
Common Stock Total Equity	48K	53K	54K	85K	97.8K	102.6K
Common Stock Shares Outstanding	49.5M	53.8M	63.3M	86.8M	99.8M	52.9M
Liabilities And Stockholders Equity	719.6M	534.8M	386.4M	243.6M	280.2M	370.4M
Non Current Liabilities Total	42.8M	49.1M	45.9M	38.2M	34.4M	37.7M
Capital Surpluse	685.0M	997.3M	1.1B	1.2B	1.4B	1.5B
Other Current Assets	20.5M	47.6M	29.1M	9.1M	10.5M	15.7M
Other Stockholder Equity	997.3M	1.1B	1.2B	1.3B	1.5B	1.6B
Total Liab	65.2M	89.3M	76.0M	74.8M	86.0M	72.9M
Property Plant And Equipment Gross	48.1M	74.8M	69.4M	71.9M	82.7M	86.8M
Total Current Assets	669.3M	451.6M	308.8M	179.9M	206.9M	328.7M
Accumulated Other Comprehensive Income	8K	(153K)	(284K)	50K	57.5K	60.4K
Non Current Liabilities Other	8.1M	42.8M	49.1M	45.9M	52.8M	55.5M
Short Term Debt	492K	2.3M	3.2M	3.3M	3.7M	2.3M
Common Stock	53K	54K	85K	88K	101.2K	51.6K
Property Plant Equipment	14.2M	8.3M	43.1M	39.1M	45.0M	47.3M
Net Invested Capital	654.4M	445.5M	310.4M	168.8M	194.1M	345.7M
Net Working Capital	646.8M	411.3M	278.8M	143.3M	164.8M	156.6M
Current Deferred Revenue	6.6M	7.9M	19.4M	(1.8M)	(2.0M)	(1.9M)
Retained Earnings Total Equity	(189.5M)	(343.0M)	(612.8M)	(932.8M)	(839.5M)	(797.5M)
Short Term Investments	451.8M	271.4M	192.6M	104.4M	93.9M	89.2M
Capital Lease Obligations	43.3M	51.4M	49.1M	41.5M	47.7M	34.1M
Capital Stock	53K	54K	85K	88K	101.2K	67.8K

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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:

How To Invest In Allakos

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Is Allakos Stock a good investment?

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What is Allakos' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allakos. 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 economic analysis.

For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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.

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Allakos Accounts Payable vs Short Long Term Debt Analysis

Accounts Payable vs Short Long Term Debt

Accounts Payable vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Accounts Payable

Short Long Term Debt

Allakos fundamental ratios Correlations

Allakos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allakos fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt Total	+ 1.0	Long Term Debt
Other Stockholder Equity	+ 1.0	Capital Surpluse
Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Current Liabilities

Other Assets	- 0.97	Retained Earnings
Non Currrent Assets Other	- 0.97	Retained Earnings
Property Plant And Equipment Gross	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Other Current Liab
Other Stockholder Equity	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Current Liabilities