Cash Ratio Analysis of Akero Therapeutics Inc - Deep Dive
Cash Ratio of AKRO
Dec-2328.75Excellent Cash Ratio | Dec-2218.42Excellent Cash Ratio | Growth56.13% |
Cash Ratio Analysis of Akero Therapeutics Inc
Cash Ratio of Akero Therapeutics Inc with value of 28.75 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities. |
Cash Ratio of AKRO rose handsomely by 56.13 % this year. |
Cash Ratio with value of 28.75 was highest in Year Dec-23 in last Five Years. |
Cash Ratio with value of 7.49 was lowest in Year Dec-21 in last Five Years. |
Latest Cash Ratio with value of 28.75 is Greater than Average Cash Ratio of 17.94 in last five years. |
Other Cash Ratio Related Info of AKRO that may interest you.
Akero Therapeutics Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AKRO | 22.91 | 23.98 | 4.46 % | Biotechnology |
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents. more ..![Cash Ratio Formula Cash Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/CashRatio.jpg)
Cash Ratio Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Cash Ratio of Akero Therapeutics Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 28.75 | 18.42 | 7.49 | 20.47 | 14.56 | 32.44 | 2.69 |
Change | 56.13 % | 145.82 % | -63.40 % | 40.61 % | -55.12 % | 1104.30 % |
FY Chart of Cash Ratio of Akero Therapeutics Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)