ALKERMES (8AK.SG)
ALKERMES (8AK.SG) operates in Diversified Metals & Mining.
ALKERMES (8AK.SG) (8AK) - Net Assets
Latest net assets as of September 2024: €1.29 Billion EUR
Based on the latest financial reports, ALKERMES (8AK.SG) (8AK) has net assets worth €1.29 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.16 Billion) and total liabilities (€863.18 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.29 Billion |
| % of Total Assets | 59.95% |
| Annual Growth Rate | 1.22% |
| 5-Year Change | 10.8% |
| 10-Year Change | -13.9% |
| Growth Volatility | 11.77 |
ALKERMES (8AK.SG) - Net Assets Trend (2013–2023)
This chart illustrates how ALKERMES (8AK.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ALKERMES (8AK.SG) (2013–2023)
The table below shows the annual net assets of ALKERMES (8AK.SG) from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.20 Billion | +15.23% |
| 2022-12-31 | €1.04 Billion | -6.19% |
| 2021-12-31 | €1.11 Billion | +4.27% |
| 2020-12-31 | €1.07 Billion | -1.70% |
| 2019-12-31 | €1.09 Billion | -7.33% |
| 2018-12-31 | €1.17 Billion | -2.62% |
| 2017-12-31 | €1.20 Billion | -0.55% |
| 2016-12-31 | €1.21 Billion | -7.97% |
| 2015-12-31 | €1.31 Billion | -5.91% |
| 2014-12-31 | €1.40 Billion | +31.14% |
| 2013-12-31 | €1.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ALKERMES (8AK.SG)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 86125400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.55 Billion | 211.71% |
| Total Equity | €1.20 Billion | 100.00% |
ALKERMES (8AK.SG) Competitors by Market Cap
The table below lists competitors of ALKERMES (8AK.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ECWDF
PINK:ECWDF
|
$218.98K |
|
Lovitt Resources Inc
OTCGREY:LRCFF
|
$219.03K |
|
Beta Systems Software AG
F:BSS
|
$219.06K |
|
TOKUYAMA
BE:TBT
|
$219.18K |
|
TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064
NASDAQ:TPGXL
|
$218.91K |
|
COMPUGROUP MEDICAL V
XETRA:COP0
|
$218.85K |
|
E Xim IT S.A.
WAR:EXM
|
$218.77K |
|
FAGRON (4A5.SG)
STU:4A5
|
$218.66K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALKERMES (8AK.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,043,753,000 to 1,202,686,000, a change of 158,933,000 (15.2%).
- Net income of 355,757,000 contributed positively to equity growth.
- Other factors decreased equity by 196,824,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €355.76 Million | +29.58% |
| Other Changes | €-196.82 Million | -16.37% |
| Total Change | €- | 15.23% |
Book Value vs Market Value Analysis
This analysis compares ALKERMES (8AK.SG)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.02x to 3.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €7.81 | €23.60 | x |
| 2018-12-31 | €7.52 | €23.60 | x |
| 2019-12-31 | €6.88 | €23.60 | x |
| 2020-12-31 | €6.70 | €23.60 | x |
| 2021-12-31 | €6.87 | €23.60 | x |
| 2022-12-31 | €6.35 | €23.60 | x |
| 2023-12-31 | €7.20 | €23.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALKERMES (8AK.SG) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 29.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.39%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.78x
- Recent ROE (29.58%) is above the historical average (-7.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.94% | 3.46% | 0.38x | 1.48x | €-85.87 Million |
| 2014 | -2.15% | -4.86% | 0.32x | 1.37x | €-169.74 Million |
| 2015 | -17.28% | -36.15% | 0.34x | 1.41x | €-358.59 Million |
| 2016 | -17.23% | -27.95% | 0.43x | 1.43x | €-329.39 Million |
| 2017 | -13.13% | -17.48% | 0.50x | 1.49x | €-278.23 Million |
| 2018 | -11.89% | -12.73% | 0.60x | 1.56x | €-256.44 Million |
| 2019 | -18.11% | -16.79% | 0.65x | 1.66x | €-305.16 Million |
| 2020 | -10.39% | -10.67% | 0.53x | 1.83x | €-217.56 Million |
| 2021 | -4.33% | -4.10% | 0.58x | 1.82x | €-159.43 Million |
| 2022 | -15.16% | -14.24% | 0.57x | 1.88x | €-262.64 Million |
| 2023 | 29.58% | 21.39% | 0.78x | 1.78x | €235.49 Million |
Industry Comparison
This section compares ALKERMES (8AK.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALKERMES (8AK.SG) (8AK) | €1.29 Billion | 1.94% | 0.67x | $218.97K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |