Elutia Cash Ratio from 2010 to 2024

ELUT Stock   4.12  0.28  6.36%   
Elutia Cash Ratio yearly trend continues to be comparatively stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Elutia Cash Ratio quarterly data regression had r-value of  0.51 and coefficient of variation of  104.45. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.44789367
Current Value
0.51
Quarterly Volatility
0.40192277
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elutia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elutia's main balance sheet or income statement drivers, such as Tax Provision of 38.1 K, Interest Expense of 6 M or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 2.98, Dividend Yield of 0.0 or Days Sales Outstanding of 79.11. Elutia financial statements analysis is a perfect complement when working with Elutia Valuation or Volatility modules.
  
Check out the analysis of Elutia Correlation against competitors.

Latest Elutia's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Elutia Inc over the last few years. It is Elutia's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elutia's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Elutia Cash Ratio Regression Statistics

Arithmetic Mean0.38
Geometric Mean0.28
Coefficient Of Variation104.45
Mean Deviation0.28
Median0.18
Standard Deviation0.40
Sample Variance0.16
Range1.3345
R-Value0.51
Mean Square Error0.13
R-Squared0.26
Significance0.05
Slope0.05
Total Sum of Squares2.26

Elutia Cash Ratio History

2024 0.51
2023 0.45
2022 0.4
2021 1.17
2020 1.48
2019 0.14

About Elutia Financial Statements

Elutia shareholders use historical fundamental indicators, such as Cash Ratio, to determine how well the company is positioned to perform in the future. Although Elutia investors may analyze each financial statement separately, they are all interrelated. The changes in Elutia's assets and liabilities, for example, are also reflected in the revenues and expenses on on Elutia's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Ratio 0.45  0.51 

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Additional Tools for Elutia Stock Analysis

When running Elutia's price analysis, check to measure Elutia'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 Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.