Akebia Ther - Asset Resilience Ratio

Latest as of June 2024: 38.11%

Akebia Ther (AKBA) has an Asset Resilience Ratio of 38.11% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read AKBA liabilities breakdown for a breakdown of total debt and financial obligations.

Liquid Assets

$83.92 Million
Cash + Short-term Investments

Total Assets

$220.20 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2013–2021)

This chart shows how Akebia Ther's Asset Resilience Ratio has changed over time. See what is Akebia Ther's book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Akebia Ther's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see AKBA stock market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $83.92 Million 38.11%
Total Liquid Assets $83.92 Million 38.11%

Asset Resilience Insights

  • Very High Liquidity: Akebia Ther maintains exceptional liquid asset reserves at 38.11% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Akebia Ther Industry Peers by Asset Resilience Ratio

Compare Akebia Ther's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Changchun High & New Technology Industries Group Inc
SHE:000661
Drug Manufacturers - Specialty & Generic 3.73%
Yuhan Corp.
KO:000100
Drug Manufacturers - Specialty & Generic 0.99%
Tasly Pharmaceutical Group Co Ltd
SHG:600535
Drug Manufacturers - Specialty & Generic 9.09%
Zhejiang Hisun Pharmaceutical Co Ltd
SHG:600267
Drug Manufacturers - Specialty & Generic 0.02%
Zhejiang Jiuzhou Pharm Co Ltd
SHG:603456
Drug Manufacturers - Specialty & Generic 0.01%
Shanghai Yizhong Pharmaceutical Co Ltd
SHG:688091
Drug Manufacturers - Specialty & Generic 26.36%
Jiangsu Kanion Pharmaceutical Co Ltd
SHG:600557
Drug Manufacturers - Specialty & Generic 0.29%
Cronos Group Inc
TO:CRON
Drug Manufacturers - Specialty & Generic 69.94%

Annual Asset Resilience Ratio for Akebia Ther (2013–2021)

The table below shows the annual Asset Resilience Ratio data for Akebia Ther.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 0.00% $0.00 $529.35 Million --
2020-12-31 6.21% $39.99 Million $644.14 Million +6.18pp
2019-12-31 0.03% $245.00K $771.20 Million -21.74pp
2018-12-31 21.77% $217.00 Million $996.54 Million -46.21pp
2017-12-31 67.99% $247.64 Million $364.25 Million +43.67pp
2016-12-31 24.32% $73.01 Million $300.22 Million -37.72pp
2015-12-31 62.04% $88.68 Million $142.94 Million -6.56pp
2014-12-31 68.60% $76.14 Million $111.00 Million +35.88pp
2013-12-31 32.72% $11.34 Million $34.66 Million --
pp = percentage points

About Akebia Ther

NASDAQ:AKBA USA Drug Manufacturers - Specialty & Generic
Market Cap
$375.03 Million
Market Cap Rank
#14429 Global
#3254 in USA
Share Price
$1.40
Change (1 day)
+1.45%
52-Week Range
$1.18 - $4.01
All Time High
$19.67
About

Akebia Therapeutics, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapeutics for patients with kidney diseases. Its product portfolio includes Vafseo (vadadustat), an oral hypoxia-inducible factor prolyl hydroxylase, for the treatment of anemia due to chronic kidney disease (CKD) in dialysis-dependent (DD) and non-dialysis dependent (NDD) patients; and … Read more