Akorn Balance Sheet - Annual (NASDAQ:AKRX)

Add to My Stocks
$18.78 $0.01 (0.05%) AKRX stock closing price Mar 16, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Akorn stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Akorn stock analysis. A company releases its balance sheet every year along with its annual results. Akorn had a long term debt of $809.97M at the end of 2016. To understand the debt servicing capacity of the company, one needs to look at Akorn operating cash flow and Akorn revenue also. Akorn debt to equity ratio is 0.98.

View latest 10 year balance sheet data to check Akorn financial performance.
show more
View Previous Years
View Next Years
Fiscal year is Jan - Dec201620152014201320122011201020092008
Marketable Securities1.1M5.94M7.26M------
Raw Materials87.04M99.89M62.53M29.21M24.09M18.02M10.92M7.05M7.36M
Work In Progress14.71M8.9M4.33M3.88M3.74M5.84M2.05M1.88M1.8M
Finished Goods73.02M76.51M64.44M22.88M24.65M11.58M5.93M4.22M21M
Notes Receivable---------
Other Current Assets25.98M63.01M64.35M13.69M14.41M11.22M1.8M1.22M1.77M
Total Current Assets
Property Plant & Equipment346.82M266.7M211.88M136.57M128.32M87.44M72.39M67.64M66.93M
Accumulated Depreciation108.42M87.08M68.09M54.47M47.63M43.06M39.66M36.17M32.71M
Net Property Plant & Equipment
Investment & Advances---10M10.29M10.13M---
Other Non-Current Assets---------
Deferred Charges5.28M31.34M24.58M7.31M4M3.86M1.54M3.8M-
Deposits & Other Assets1.06M-1.86M3.18M3.32M--2.79M1.34M
Total Assets
Notes Payable-------3M-
Accounts Payable59.53M46.01M44.11M22.99M21.78M17.87M4.89M3.28M8.79M
Current Portion Long-Term Debt-52.91M10.45M-----5.33M
Current Portion Capital Leases---------
Accrued Expenses94.82M103.94M72.11M23.51M21.5M10.41M6.86M4.81M3.97M
Income Taxes Payable16.19M23.67M-------
Other Current Liabilities4.99M4.96M7.48M14.72M--10.17M10.56M-
Total Current Liabilities
Deferred Taxes/Income157.6M231.38M268.96M-1.99M3.74M---
Convertible Debt---------
Long-Term Debt809.97M1.02B1.11B108.75M104.63M100.8M-5.85M-
Non-Current Capital Leases---------
Other Long-Term Liabilities11.39M6.76M2.53M1.63M18.56M16.09M2.42M2.6M2.78M
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net521.86M458.65M351.23M239.23M226.03M212.63M182.46M174.02M170.61M
Capital Surplus---------
Retained Earnings319.29M180.04M50.71M15.36M-36.99M-72.37M-115.38M-137.21M-111.9M
Treasury Stock---------
Other Liabilities-21.96M-17.14M-15.19M5.57M12.04M17.94M19.67M1.82M2.73M
Shareholders Equity819.18M621.56M386.75M260.18M201.08M158.2M86.75M38.63M61.44M
Total Liabilities & Shareholders Equity1.97B2.11B1.91B431.8M369.56M307.14M111.11M68.75M82.32M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years

Apart from balance sheet items, an investor would do well to keep track of the Akorn stock price by looking at Akorn historical stock prices. One can compare PE with industry average by looking at the Akorn PE ratio chart. The common balance sheet items are:

  • Assets: AKRX total assets, which was at $1.97B for 2016 is a balance sheet item representing value of what Akorn owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Akorn's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for AKRX stock stand at $1.15B.

Akorn Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover