Akorn Balance Sheet - Annual (NASDAQ:AKRX)

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$16.03 $0.27 (1.71%) AKRX stock closing price Jun 22, 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 $815.19M at the end of 2017. 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 1.01.

View latest 10 year balance sheet data to check Akorn financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash368.11M200.77M346.26M70.68M34.17M40.78M83.96M41.62M1.61M1.06M
Marketable Securities-1.1M5.94M7.26M------
Receivables141.38M283.15M150.62M220.71M64.99M51.01M25.3M11.27M10.05M7.75M
Inventory183.56M174.79M185.31M131.31M55.98M52.49M35.45M18.91M13.16M30.16M
Raw Materials88.89M87.04M99.89M62.53M29.21M24.09M18.02M10.92M7.05M7.36M
Work In Progress15.44M14.71M8.9M4.33M3.88M3.74M5.84M2.05M1.88M1.8M
Finished Goods79.22M73.02M76.51M64.44M22.88M24.65M11.58M5.93M4.22M21M
Notes Receivable----------
Other Current Assets37.08M25.98M63.01M64.35M13.69M14.41M11.22M1.8M1.22M1.77M
Total Current Assets
730.15M685.81M751.15M494.32M168.85M158.7M155.94M73.61M26.06M40.74M
Property Plant & Equipment444.23M346.82M266.7M211.88M136.57M128.32M87.44M72.39M67.64M66.93M
Accumulated Depreciation130.81M108.42M87.08M68.09M54.47M47.63M43.06M39.66M36.17M32.71M
Net Property Plant & Equipment
313.41M238.4M179.61M143.78M82.1M80.67M44.38M32.73M31.47M34.22M
Investment & Advances----10M10.29M10.13M---
Other Non-Current Assets----------
Deferred Charges6.52M5.28M31.34M24.58M7.31M4M3.86M1.54M3.8M-
Intangibles854.79M1.04B1.15B1.24B160.33M112.54M92.7M3.12M4.61M6.01M
Deposits & Other Assets4.62M1.06M-1.86M3.18M3.32M--2.79M1.34M
Total Assets
1.91B1.97B2.11B1.91B431.8M369.56M307.14M111.11M68.75M82.32M
Notes Payable--------3M-
Accounts Payable51.97M59.53M46.01M44.11M22.99M21.78M17.87M4.89M3.28M8.79M
Current Portion Long-Term Debt--52.91M10.45M-----5.33M
Current Portion Capital Leases----------
Accrued Expenses99.43M94.82M103.94M72.11M23.51M21.5M10.41M6.86M4.81M3.97M
Income Taxes Payable15.77M16.19M23.67M-------
Other Current Liabilities3.9M4.99M4.96M7.48M14.72M--10.17M10.56M-
Total Current Liabilities
171.08M175.55M231.51M134.16M61.24M43.29M28.28M21.94M21.66M18.1M
Mortgages----------
Deferred Taxes/Income43.4M157.6M231.38M268.96M-1.99M3.74M---
Convertible Debt----------
Long-Term Debt815.19M809.97M1.02B1.11B108.75M104.63M100.8M-5.85M-
Non-Current Capital Leases----------
Other Long-Term Liabilities48.57M11.39M6.76M2.53M1.63M18.56M16.09M2.42M2.6M2.78M
Total Liabilities
1.08B1.15B1.49B1.52B171.62M168.48M148.93M24.36M30.12M20.88M
Minority Interest----------
Preferred Stock----------
Common Stock Net550.47M521.86M458.65M351.23M239.23M226.03M212.63M182.46M174.02M170.61M
Capital Surplus----------
Retained Earnings294.74M319.29M180.04M50.71M15.36M-36.99M-72.37M-115.38M-137.21M-111.9M
Treasury Stock----------
Other Liabilities-13.96M-21.96M-17.14M-15.19M5.57M12.04M17.94M19.67M1.82M2.73M
Shareholders Equity831.24M819.18M621.56M386.75M260.18M201.08M158.2M86.75M38.63M61.44M
Total Liabilities & Shareholders Equity1.91B1.97B2.11B1.91B431.8M369.56M307.14M111.11M68.75M82.32M
All figures in USD. M: Millions of USD, B: Billions of USD.
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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 $1.91B for 2017 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 $1.08B.

Akorn Balance Sheet - Key Ratios

Current ratio
4.64
Debt to equity ratio
1.01
Asset turnover ratio
0.39
Receivables turnover
4.2