Elutia Gross Profit from 2010 to 2024

ELUT Stock   4.12  0.28  6.36%   
Elutia Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Elutia Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
11.1 M
Current Value
13.1 M
Quarterly Volatility
3.3 M
 
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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Elutia Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of Elutia Inc minus its cost of goods sold. It is profit before Elutia operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Elutia's Gross Profit 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.
ViewLast Reported 19.22 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Elutia Gross Profit Regression Statistics

Arithmetic Mean18,205,459
Geometric Mean17,863,464
Coefficient Of Variation18.02
Mean Deviation2,506,333
Median19,768,000
Standard Deviation3,280,883
Sample Variance10.8T
Range9.5M
R-Value(0.68)
Mean Square Error6.2T
R-Squared0.46
Significance0.01
Slope(500,099)
Total Sum of Squares150.7T

Elutia Gross Profit History

202413.1 M
202311.1 M
202211.6 M
202119 M
202020.6 M

Other Fundumenentals of Elutia Inc

Elutia Gross Profit component correlations

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0.960.91-0.9-0.43-0.86-0.420.28-0.881.00.860.940.640.79-0.540.640.34-0.54-0.3
0.80.91-0.8-0.75-0.98-0.290.29-0.960.890.60.960.880.49-0.820.880.6-0.77-0.56
-0.85-0.9-0.80.250.670.650.130.81-0.88-0.87-0.8-0.45-0.820.33-0.45-0.040.31-0.05
-0.26-0.43-0.750.250.83-0.11-0.370.71-0.390.07-0.65-0.930.20.98-0.93-0.840.920.85
-0.74-0.86-0.980.670.830.17-0.440.94-0.84-0.49-0.94-0.91-0.370.88-0.91-0.690.870.69
-0.28-0.42-0.290.65-0.110.170.580.4-0.37-0.63-0.2-0.03-0.51-0.06-0.030.350.1-0.5
0.360.280.290.13-0.37-0.440.58-0.250.320.030.420.330.03-0.40.330.5-0.42-0.72
-0.77-0.88-0.960.810.710.940.4-0.25-0.85-0.6-0.94-0.77-0.480.74-0.77-0.430.760.44
0.981.00.89-0.88-0.39-0.84-0.370.32-0.850.870.930.610.81-0.510.610.33-0.5-0.31
0.880.860.6-0.870.07-0.49-0.630.03-0.60.870.660.20.97-0.060.2-0.11-0.120.17
0.90.940.96-0.8-0.65-0.94-0.20.42-0.940.930.660.750.59-0.70.750.48-0.66-0.51
0.470.640.88-0.45-0.93-0.91-0.030.33-0.770.610.20.750.07-0.981.00.89-0.91-0.81
0.870.790.49-0.820.2-0.37-0.510.03-0.480.810.970.590.070.080.07-0.210.060.25
-0.36-0.54-0.820.330.980.88-0.06-0.40.74-0.51-0.06-0.7-0.980.08-0.98-0.90.950.87
0.470.640.88-0.45-0.93-0.91-0.030.33-0.770.610.20.751.00.07-0.980.89-0.91-0.81
0.210.340.6-0.04-0.84-0.690.350.5-0.430.33-0.110.480.89-0.21-0.90.89-0.8-0.94
-0.34-0.54-0.770.310.920.870.1-0.420.76-0.5-0.12-0.66-0.910.060.95-0.91-0.80.8
-0.22-0.3-0.56-0.050.850.69-0.5-0.720.44-0.310.17-0.51-0.810.250.87-0.81-0.940.8
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About Elutia Financial Statements

Elutia shareholders use historical fundamental indicators, such as Gross Profit, 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
Gross Profit11.1 M13.1 M
Gross Profit Margin 0.45  0.36 

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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.