Allakos Long Term Debt vs Long Term Debt Total Analysis

ALLK Stock  USD 0.89  0.02  2.30%   
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 Long Term Debt and its Long Term Debt Total 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.

Long Term Debt vs Long Term Debt Total

Long Term Debt vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allakos Long Term Debt account and Long Term Debt Total. At this time, the significance of the direction appears to have totally related.
The correlation between Allakos' Long Term Debt and Long Term Debt Total is 1.0. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Allakos, assuming nothing else is changed. The correlation between historical values of Allakos' Long Term Debt and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Allakos are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Debt i.e., Allakos' Long Term Debt and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Allakos has held for over one year. Long-term debt appears on Allakos balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Allakos balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Long Term Debt Total

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).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.3M7.1M6.1M6.4M
Interest Income377K3.7M10.7M11.3M

Allakos fundamental ratios Correlations

0.750.490.750.990.870.980.77-0.76-0.540.870.860.760.580.59-0.190.990.70.53-0.19-0.270.780.740.820.090.71
0.750.840.950.710.850.770.98-0.55-0.840.680.780.980.930.85-0.340.670.80.83-0.34-0.130.890.880.940.320.98
0.490.840.860.440.80.540.84-0.2-0.970.280.520.840.880.97-0.740.40.880.85-0.74-0.090.90.680.810.360.87
0.750.950.860.710.890.790.98-0.49-0.870.650.710.980.960.91-0.380.660.840.87-0.38-0.170.910.860.960.30.98
0.990.710.440.710.860.980.73-0.7-0.510.850.80.720.540.56-0.170.990.690.48-0.17-0.390.750.70.79-0.050.67
0.870.850.80.890.860.910.87-0.46-0.860.60.690.870.790.88-0.540.830.940.81-0.54-0.330.970.710.950.120.85
0.980.770.540.790.980.910.78-0.67-0.610.80.790.780.620.64-0.260.960.770.62-0.26-0.40.830.680.87-0.020.75
0.770.980.840.980.730.870.78-0.54-0.850.680.761.00.960.88-0.320.680.830.82-0.32-0.150.90.910.950.30.99
-0.76-0.55-0.2-0.49-0.7-0.46-0.67-0.540.2-0.87-0.94-0.52-0.34-0.22-0.1-0.76-0.29-0.24-0.1-0.24-0.4-0.61-0.5-0.44-0.5
-0.54-0.84-0.97-0.87-0.51-0.86-0.61-0.850.2-0.26-0.51-0.85-0.89-0.970.72-0.46-0.95-0.890.720.15-0.95-0.63-0.87-0.29-0.88
0.870.680.280.650.850.60.80.68-0.87-0.260.870.670.470.350.160.860.360.330.16-0.110.50.80.630.160.62
0.860.780.520.710.80.690.790.76-0.94-0.510.870.740.590.53-0.180.830.560.48-0.180.130.680.780.720.460.73
0.760.980.840.980.720.870.781.0-0.52-0.850.670.740.970.89-0.320.670.830.82-0.32-0.150.90.910.950.30.99
0.580.930.880.960.540.790.620.96-0.34-0.890.470.590.970.91-0.360.470.820.86-0.36-0.10.860.830.910.340.97
0.590.850.970.910.560.880.640.88-0.22-0.970.350.530.890.91-0.670.50.920.86-0.67-0.170.940.730.870.290.89
-0.19-0.34-0.74-0.38-0.17-0.54-0.26-0.32-0.10.720.16-0.18-0.32-0.36-0.67-0.16-0.68-0.51.00.11-0.63-0.13-0.37-0.16-0.36
0.990.670.40.660.990.830.960.68-0.76-0.460.860.830.670.470.5-0.160.640.45-0.16-0.280.720.660.750.040.62
0.70.80.880.840.690.940.770.83-0.29-0.950.360.560.830.820.92-0.680.640.81-0.68-0.330.980.610.890.110.84
0.530.830.850.870.480.810.620.82-0.24-0.890.330.480.820.860.86-0.50.450.81-0.5-0.080.850.550.890.330.86
-0.19-0.34-0.74-0.38-0.17-0.54-0.26-0.32-0.10.720.16-0.18-0.32-0.36-0.671.0-0.16-0.68-0.50.11-0.63-0.13-0.37-0.16-0.36
-0.27-0.13-0.09-0.17-0.39-0.33-0.4-0.15-0.240.15-0.110.13-0.15-0.1-0.170.11-0.28-0.33-0.080.11-0.27-0.07-0.230.88-0.14
0.780.890.90.910.750.970.830.9-0.4-0.950.50.680.90.860.94-0.630.720.980.85-0.63-0.270.720.950.20.9
0.740.880.680.860.70.710.680.91-0.61-0.630.80.780.910.830.73-0.130.660.610.55-0.13-0.070.720.780.330.86
0.820.940.810.960.790.950.870.95-0.5-0.870.630.720.950.910.87-0.370.750.890.89-0.37-0.230.950.780.220.95
0.090.320.360.3-0.050.12-0.020.3-0.44-0.290.160.460.30.340.29-0.160.040.110.33-0.160.880.20.330.220.32
0.710.980.870.980.670.850.750.99-0.5-0.880.620.730.990.970.89-0.360.620.840.86-0.36-0.140.90.860.950.32
Click cells to compare fundamentals

Allakos Account Relationship Matchups

Allakos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets516.9M719.6M534.8M386.4M243.6M370.4M
Short Long Term Debt Total8.5M42.8M49.1M49.1M41.5M30.8M
Other Current Liab90K8.0M24.2M22.0M31.6M33.1M
Total Current Liabilities13.1M22.5M40.2M30.0M36.6M21.0M
Total Stockholder Equity495.7M654.4M445.5M310.4M168.8M297.5M
Net Tangible Assets495.7M654.4M445.5M310.4M357.0M313.5M
Property Plant And Equipment Net14.2M48.1M74.8M69.4M57.5M37.6M
Net Debt(29.8M)(164.4M)(103.7M)(38.1M)(25.0M)(26.2M)
Retained Earnings(189.5M)(343.0M)(612.8M)(932.8M)(1.1B)(1.1B)
Accounts Payable6.0M14.0M13.7M4.8M1.8M1.7M
Cash38.4M207.2M152.8M87.2M66.4M94.1M
Non Current Assets Total17.0M50.4M83.2M77.6M63.7M41.7M
Non Currrent Assets Other564K2.3M6.2M6.7M6.2M3.2M
Other Assets2.8M2.3M8.4M8.2M9.4M9.9M
Cash And Short Term Investments495.9M659.0M424.2M279.8M170.8M317.2M
Common Stock Total Equity48K53K54K85K97.8K102.6K
Common Stock Shares Outstanding45.2M49.5M53.8M63.3M86.8M52.9M
Liabilities And Stockholders Equity516.9M719.6M534.8M386.4M243.6M370.4M
Non Current Liabilities Total8.1M42.8M49.1M45.9M38.2M37.7M
Capital Surpluse685.0M997.3M1.1B1.2B1.4B1.5B
Other Current Assets4.0M20.5M47.6M29.1M9.1M15.7M
Other Stockholder Equity685.0M997.3M1.1B1.2B1.3B738.6M
Total Liab21.2M65.2M89.3M76.0M74.8M72.9M
Property Plant And Equipment Gross8.4M48.1M74.8M69.4M71.9M38.8M
Total Current Assets499.9M669.3M451.6M308.8M179.9M328.7M
Accumulated Other Comprehensive Income137K8K(153K)(284K)50K52.5K
Non Current Liabilities Other8.1M42.8M49.1M45.9M52.8M55.5M
Short Term Debt410K492K2.3M3.2M3.3M2.3M
Common Stock48K53K54K85K88K51.6K
Property Plant Equipment14.2M8.3M43.1M39.1M45.0M47.3M
Net Invested Capital495.7M654.4M445.5M310.4M168.8M160.4M
Net Working Capital486.8M646.8M411.3M278.8M143.3M136.1M
Current Deferred Revenue6.6M7.9M19.4M(1.8M)(2.0M)(1.9M)
Retained Earnings Total Equity(189.5M)(343.0M)(612.8M)(932.8M)(839.5M)(797.5M)
Short Term Investments457.5M451.8M271.4M192.6M104.4M99.1M
Capital Lease Obligations410K43.3M51.4M49.1M41.5M34.1M
Capital Stock48K53K54K85K88K67.8K

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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:
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.