Akebia Therapeutics (STU:AX9) Ending Cash Position : €40.1 Mil (As of Mar. 2024)

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What is Akebia Therapeutics Ending Cash Position?

Akebia Therapeutics's Ending Cash Position for the quarter that ended in Mar. 2024 was €40.1 Mil.

Akebia Therapeutics's quarterly Ending Cash Position declined from Sep. 2023 (€45.1 Mil) to Dec. 2023 (€40.9 Mil) and declined from Dec. 2023 (€40.9 Mil) to Mar. 2024 (€40.1 Mil).

Akebia Therapeutics's annual Ending Cash Position declined from Dec. 2021 (€134.4 Mil) to Dec. 2022 (€88.0 Mil) and declined from Dec. 2022 (€88.0 Mil) to Dec. 2023 (€40.9 Mil).

Akebia Therapeutics Ending Cash Position Historical Data

The historical data trend for Akebia Therapeutics's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Akebia Therapeutics Ending Cash Position Chart

Akebia Therapeutics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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134.82

189.99

134.38

87.95

40.88

Akebia Therapeutics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															55.73	51.04	45.14	40.88	40.13

Akebia Therapeutics Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Akebia Therapeutics's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	85.436	+	-44.557
	=	40.9

Akebia Therapeutics's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	41.012	+	-0.88
	=	40.1

Akebia Therapeutics Ending Cash Position Related Terms

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Akebia Therapeutics (STU:AX9) Business Description

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AKBA:USA AX9:Germany

Address

245 First Street, Cambridge, MA, USA, 02142

Website

https://www.akebia.com

Akebia Therapeutics Inc is a fully integrated biopharmaceutical company. The Company's operating segment is the business of developing and commercializing novel therapeutics for people with kidney disease. The current portfolio of the company includes 1) Auryxia (ferric citrate), a medicine approved and marketed in the United States for the control of serum phosphorus levels in adult patients with dialysis-dependent chronic kidney disease and the treatment of iron deficiency anemia, in adult patients with non-dialysis-dependent chronic kidney disease. 2) Vafseo (vadadustat), an oral hypoxia-inducible factor prolyl hydroxylase, inhibitor, is approved in Japan for the treatment of anemia due to chronic kidney disease, in adult patients. 3) HIF-PH inhibitors in preclinical development.

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