Allakos Net Invested Capital vs Deferred Long Term Liab 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 Net Invested Capital and its Deferred Long Term Liab 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.
Net Invested Capital vs Deferred Long Term Liab
Net Invested Capital vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allakos Net Invested Capital account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Allakos' Net Invested Capital and Deferred Long Term Liab is -0.05. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Allakos, assuming nothing else is changed. The correlation between historical values of Allakos' Net Invested Capital and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Allakos are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Invested Capital i.e., Allakos' Net Invested Capital and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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 Amortization | 2.3M | 7.1M | 6.1M | 6.4M | Interest Income | 377K | 3.7M | 10.7M | 11.3M |
Allakos fundamental ratios Correlations
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Allakos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allakos fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 516.9M | 719.6M | 534.8M | 386.4M | 243.6M | 370.4M | |
Short Long Term Debt Total | 8.5M | 42.8M | 49.1M | 49.1M | 41.5M | 30.8M | |
Other Current Liab | 90K | 8.0M | 24.2M | 22.0M | 31.6M | 33.1M | |
Total Current Liabilities | 13.1M | 22.5M | 40.2M | 30.0M | 36.6M | 21.0M | |
Total Stockholder Equity | 495.7M | 654.4M | 445.5M | 310.4M | 168.8M | 297.5M | |
Net Tangible Assets | 495.7M | 654.4M | 445.5M | 310.4M | 357.0M | 313.5M | |
Property Plant And Equipment Net | 14.2M | 48.1M | 74.8M | 69.4M | 57.5M | 37.6M | |
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 Payable | 6.0M | 14.0M | 13.7M | 4.8M | 1.8M | 1.7M | |
Cash | 38.4M | 207.2M | 152.8M | 87.2M | 66.4M | 94.1M | |
Non Current Assets Total | 17.0M | 50.4M | 83.2M | 77.6M | 63.7M | 41.7M | |
Non Currrent Assets Other | 564K | 2.3M | 6.2M | 6.7M | 6.2M | 3.2M | |
Other Assets | 2.8M | 2.3M | 8.4M | 8.2M | 9.4M | 9.9M | |
Cash And Short Term Investments | 495.9M | 659.0M | 424.2M | 279.8M | 170.8M | 317.2M | |
Common Stock Total Equity | 48K | 53K | 54K | 85K | 97.8K | 102.6K | |
Common Stock Shares Outstanding | 45.2M | 49.5M | 53.8M | 63.3M | 86.8M | 52.9M | |
Liabilities And Stockholders Equity | 516.9M | 719.6M | 534.8M | 386.4M | 243.6M | 370.4M | |
Non Current Liabilities Total | 8.1M | 42.8M | 49.1M | 45.9M | 38.2M | 37.7M | |
Capital Surpluse | 685.0M | 997.3M | 1.1B | 1.2B | 1.4B | 1.5B | |
Other Current Assets | 4.0M | 20.5M | 47.6M | 29.1M | 9.1M | 15.7M | |
Other Stockholder Equity | 685.0M | 997.3M | 1.1B | 1.2B | 1.3B | 738.6M | |
Total Liab | 21.2M | 65.2M | 89.3M | 76.0M | 74.8M | 72.9M | |
Property Plant And Equipment Gross | 8.4M | 48.1M | 74.8M | 69.4M | 71.9M | 38.8M | |
Total Current Assets | 499.9M | 669.3M | 451.6M | 308.8M | 179.9M | 328.7M | |
Accumulated Other Comprehensive Income | 137K | 8K | (153K) | (284K) | 50K | 52.5K | |
Non Current Liabilities Other | 8.1M | 42.8M | 49.1M | 45.9M | 52.8M | 55.5M | |
Short Term Debt | 410K | 492K | 2.3M | 3.2M | 3.3M | 2.3M | |
Common Stock | 48K | 53K | 54K | 85K | 88K | 51.6K | |
Property Plant Equipment | 14.2M | 8.3M | 43.1M | 39.1M | 45.0M | 47.3M | |
Net Invested Capital | 495.7M | 654.4M | 445.5M | 310.4M | 168.8M | 160.4M | |
Net Working Capital | 486.8M | 646.8M | 411.3M | 278.8M | 143.3M | 136.1M | |
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 | 457.5M | 451.8M | 271.4M | 192.6M | 104.4M | 99.1M | |
Capital Lease Obligations | 410K | 43.3M | 51.4M | 49.1M | 41.5M | 34.1M | |
Capital Stock | 48K | 53K | 54K | 85K | 88K | 67.8K |
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Try AI Portfolio ArchitectCheck 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.