Company Information

  

Address: 201 GROVE RD  
City: THOROFARE 
State: NJ 
Zip Code: 08086 
Telephone: 856-848-8698 

Description of Business

Primary SIC Code: 2835
(As filed with the SEC)  

Akers Biosciences, Inc. ("Akers," "we" or the "Company") develops, manufactures, and supplies rapid, point-of-care screening and testing products designed to bring health-related information directly to the patient or clinician in a time- and cost-efficient manner. Akers believes it has advanced the science of diagnostics through the development of several innovative proprietary platform technologies that provide product development flexibility. All of Akers' rapid, single-use tests are performed in vitro (outside the body) and are designed to enhance patient well-being and reduce total outcome costs of healthcare. The Company's current product offerings and pipeline products focus on delivering diagnostic assistance in a wide variety of healthcare fields/specialties, including cardiology/emergency medicine, metabolism/nutrition, diabetes, respiratory diseases and infectious diseases detection, as well as for on and off-the-job alcohol safety initiatives.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.40NAN/E
03/2017-0.52NAN/E
12/2016-0.61NAN/E
09/2016-1.18NAN/E
06/2016-1.69NAN/E
03/2016-1.91NAN/E
12/2015-1.89NAN/E
09/2015-1.30NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.03Total Liab/Total Assets0.33
Net Inc/Total Assets-0.65Total Liab/Inv Cap0.50
Net Inc/Inv Cap-0.98Total Liab/Comm Equity0.02
Pretax Inc/Net Sales-1.12Interest Coverage RatioNA
Net Inc/Net Sales-1.12Curr Debt/EquityNA
Cash Flow/Net Sales-1.41LTD/EquityNA
SG&A/NetSales1.74Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover4.65Quick Ratio0.68
Inventory Turnover0.68Current Ratio1.88
Inventory Day Sales0.00Net Rec/Curr Assets0.20
Net Sales/Work Cap1.99Inv/Curr Assets0.64
Net Sales/PP&E11.41  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 1.20 0.67 0.65 0.61
Cost of Goods Sold 0.26 0.26 0.37 0.24
Selling & Admin Exps 1.25 1.38 1.08 1.08
Operating Income -0.67 -1.36 -1.10 0.30
Interest Exp NA NA NA NA
Pretax Income -0.67 -1.35 -1.10 0.31
Other Income 0.00 0.01 0.00 0.01
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.67 -1.35 -1.10 0.31

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 1.21 2.24 0.12 0.80
Receivables - Total 1.05 0.54 0.63 0.77
Inventories - Total 2.17 2.17 2.04 1.94
Total Current Assets 4.91 5.33 3.19 3.85
Net Property, Plant & Equipment 0.26 0.26 0.26 0.25
Total Assets 6.56 7.11 5.09 5.78
Liabilities        
Accounts Payable 1.45 1.36 1.70 1.31
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 1.45 1.36 1.70 1.31
Long-Term Debt NA NA NA NA
Total Liabilities 1.45 1.36 1.70 1.31
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 104.62 104.59 100.89 100.89
Retained Earnings -99.50 -98.83 -97.48 -96.38
Treasury Stock NA NA NA NA
Total Stockholders' Equity 5.12 5.75 3.39 4.47
Total Liabilities and Stockholders' Equity 6.56 7.11 5.09 5.78

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -1.03 -1.56 -0.64 -1.12
Net Cash Provided by Investing Activities -0.87 -0.12 0.52 0.93
Net Cash Provided by Financing Activities 0.02 3.70 NA 0.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121.56-2.56--
12/20133.58-1.43--
12/20144.43-3.13-0.66
12/20152.12-9.31-1.89
12/20162.96-3.30-0.61
Growth Rates17.30----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17171,12512.64




Report Date : 10/16/2017

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