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. See AKBA current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see AKBA asset base.

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. Read total liabilities of Akebia Ther for a breakdown of total debt and financial obligations.

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
Kamada
TA:KMDA
Drug Manufacturers - Specialty & Generic 0.00%
Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK
Drug Manufacturers - Specialty & Generic 4.94%
Viatris Inc
NASDAQ:VTRS
Drug Manufacturers - Specialty & Generic 1.48%
Takeda Pharmaceutical Company Limited
F:TKDA
Drug Manufacturers - Specialty & Generic 0.69%
Shijiazhuang Yiling Pharmaceutical Co Ltd
SHE:002603
Drug Manufacturers - Specialty & Generic 11.60%
Chengdu Kanghong Pharmaceuticals Group Co Ltd
SHE:002773
Drug Manufacturers - Specialty & Generic 4.31%
Yipinhong Pharmaceutical Co Ltd Class A
SHE:300723
Drug Manufacturers - Specialty & Generic 1.01%
Avadel Pharmaceuticals PLC
NASDAQ:AVDL
Drug Manufacturers - Specialty & Generic 5.90%

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
$239.89 Million
Market Cap Rank
#15939 Global
#3781 in USA
Share Price
$0.90
Change (1 day)
-2.43%
52-Week Range
$0.84 - $3.17
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