AKRO
Price:
$54.65
Market Cap:
$4.50B
Akero Therapeutics, Inc. is a biopharmaceutical firm dedicated to addressing cardio-metabolic disorders, with a specific focus on nonalcoholic steatohepatitis (NASH). Its primary objective is the creation of therapeutic agents aimed at re-establishing metabolic equilibrium and enhancing overall well-being. The company's flagship investigational drug is efruxifermin (EFX), a synthetic analog of fibroblast growth factor 21. EFX is designed to shield cells from stress and modulate the systemic metabolism of fats, carbohydrates, and proteins throughout the body. This promising compound is currently undergoing evaluation in a Phase 2a clinical investigation, known as the BALANCED study, for indiv...[Read more]
Industry
Biotechnology
IPO Date
2019-06-20
Stock Exchange
NASDAQ
Ticker
AKRO
According to Akero Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 15.83. This represents a change of -2.07% compared to the average of 16.17 of the last 4 quarters.
The mean historical Current Ratio of Akero Therapeutics, Inc. over the last ten years is 18.28. The current 15.83 Current Ratio has changed 8.56% with respect to the historical average. Over the past ten years (40 quarters), AKRO's Current Ratio was at its highest in in the June 2019 quarter at 34.41. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
18.28
Median
19.00
Minimum
2.87
Maximum
32.93
Discovering the peaks and valleys of Akero Therapeutics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.05%
Maximum Annual Current Ratio = 32.93
Minimum Annual Increase = -62.78%
Minimum Annual Current Ratio = 2.87
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 19.38 | -33.80% |
| 2023 | 29.27 | 57.29% |
| 2022 | 18.61 | 141.59% |
| 2021 | 7.70 | -62.78% |
| 2020 | 20.70 | 40.46% |
| 2019 | 14.73 | -55.26% |
| 2018 | 32.93 | 1.05% |
The current Current Ratio of Akero Therapeutics, Inc. (AKRO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
22.42
5-year avg
19.13
10-year avg
18.28
Akero Therapeutics, Inc.’s Current Ratio is greater than Kymera Therapeutics, Inc. (10.81), greater than Viking Therapeutics, Inc. (5.72), greater than Immunovant, Inc. (9.09), less than Crinetics Pharmaceuticals, Inc. (18.60), greater than NewAmsterdam Pharma Company N.V. (9.76), less than Praxis Precision Medicines, Inc. (15.88), greater than Arcellx, Inc. (4.44), greater than Soleno Therapeutics, Inc. (5.62), greater than Centessa Pharmaceuticals plc (9.53), greater than ACADIA Pharmaceuticals Inc. (3.59),
| Company | Current Ratio | Market cap |
|---|---|---|
| 10.81 | $7.44B | |
| 5.72 | $3.53B | |
| 9.09 | $7.26B | |
| 18.60 | $3.78B | |
| 9.76 | $3.49B | |
| 15.88 | $5.97B | |
| 4.44 | $6.73B | |
| 5.62 | $2.76B | |
| 9.53 | $6.19B | |
| 3.59 | $3.70B |
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