Alkermes Plc Stock Total Debt
| ALKS Stock | USD 23.86 0.15 0.62% |
Alkermes Plc fundamentals help investors to digest information that contributes to Alkermes Plc's financial success or failures. It also enables traders to predict the movement of Alkermes Stock. The fundamental analysis module provides a way to measure Alkermes Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alkermes Plc stock.
Alkermes |
Alkermes Plc Company Total Debt Analysis
Alkermes Plc's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Alkermes Plc Total Debt | 290.73 M |
Most of Alkermes Plc's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alkermes Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Alkermes Plc has a Total Debt of 290.73 M. This is 89.43% lower than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The total debt for all United States stocks is 94.53% higher than that of the company.
Alkermes Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alkermes Plc's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alkermes Plc could also be used in its relative valuation, which is a method of valuing Alkermes Plc by comparing valuation metrics of similar companies.Alkermes Plc is currently under evaluation in total debt category among related companies.
Alkermes Fundamentals
| Return On Equity | 0.46 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 3.7 B | ||||
| Shares Outstanding | 169.18 M | ||||
| Shares Owned By Insiders | 1.24 % | ||||
| Shares Owned By Institutions | 98.76 % | ||||
| Number Of Shares Shorted | 13.52 M | ||||
| Price To Earning | (38.45) X | ||||
| Price To Book | 3.39 X | ||||
| Price To Sales | 2.45 X | ||||
| Revenue | 1.66 B | ||||
| Gross Profit | 893.69 M | ||||
| EBITDA | 486.73 M | ||||
| Net Income | 519.16 M | ||||
| Cash And Equivalents | 580.97 M | ||||
| Cash Per Share | 3.54 X | ||||
| Total Debt | 290.73 M | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 2.38 X | ||||
| Book Value Per Share | 7.20 X | ||||
| Cash Flow From Operations | 401.35 M | ||||
| Short Ratio | 5.87 X | ||||
| Earnings Per Share | 3.06 X | ||||
| Price To Earnings To Growth | (1,057) X | ||||
| Target Price | 35.55 | ||||
| Number Of Employees | 2.1 K | ||||
| Beta | 0.55 | ||||
| Market Capitalization | 4.15 B | ||||
| Total Asset | 2.14 B | ||||
| Retained Earnings | (1.34 B) | ||||
| Working Capital | 965.29 M | ||||
| Current Asset | 754.96 M | ||||
| Current Liabilities | 236.21 M | ||||
| Net Asset | 2.14 B |
About Alkermes Plc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alkermes Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alkermes Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alkermes Plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Alkermes Plc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alkermes Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alkermes Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Alkermes Stock
| 0.7 | EVOK | Evoke Pharma | PairCorr |
Moving against Alkermes Stock
| 0.65 | JAGX | Jaguar Animal Health Financial Report 20th of May 2024 | PairCorr |
| 0.55 | ELYM | Eliem Therapeutics Trending | PairCorr |
The ability to find closely correlated positions to Alkermes Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alkermes Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alkermes Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alkermes Plc to buy it.
The correlation of Alkermes Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alkermes Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alkermes Plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alkermes Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Alkermes Plc Piotroski F Score and Alkermes Plc Altman Z Score analysis. For more information on how to buy Alkermes Stock please use our How to Invest in Alkermes Plc guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Alkermes Stock analysis
When running Alkermes Plc's price analysis, check to measure Alkermes Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.
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Is Alkermes Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alkermes Plc. If investors know Alkermes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alkermes Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alkermes Plc is measured differently than its book value, which is the value of Alkermes that is recorded on the company's balance sheet. Investors also form their own opinion of Alkermes Plc's value that differs from its market value or its book value, called intrinsic value, which is Alkermes Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alkermes Plc's market value can be influenced by many factors that don't directly affect Alkermes Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alkermes Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alkermes Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkermes Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.