Elevation Oncology Financials

ELEV Stock  USD 0.67  0.05  8.06%   
Based on the key measurements obtained from Elevation Oncology's financial statements, Elevation Oncology is not in a good financial situation at this time. It has a very high odds of going through financial crisis in March. At this time, Elevation Oncology's Total Current Liabilities is fairly stable compared to the past year. Cash is likely to climb to about 71 M in 2025, whereas Other Current Liabilities is likely to drop slightly above 3.8 M in 2025. Key indicators impacting Elevation Oncology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.640.63
Fairly Up
Pretty Stable
Current Ratio20.0519.1
Sufficiently Up
Slightly volatile
Investors should never underestimate Elevation Oncology's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Elevation Oncology's cash flow, debt, and profitability to make informed and accurate decisions about investing in Elevation Oncology.

Net Income

(43.19 Million)

  
Understanding current and past Elevation Oncology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elevation Oncology's financial statements are interrelated, with each one affecting the others. For example, an increase in Elevation Oncology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Elevation Oncology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elevation Oncology. Check Elevation Oncology's Beneish M Score to see the likelihood of Elevation Oncology's management manipulating its earnings.

Elevation Oncology Stock Summary

Elevation Oncology competes with Ocean Biomedical, Zura Bio, Enveric Biosciences, and Hepion Pharmaceuticals. Elevation Oncology, Inc., a clinical-stage biopharmaceutical company, focuses on developing therapeutics for the treatment of cancer in genomically defined patient populations in the United States. Elevation Oncology, Inc. was incorporated in 2019 and is based in New York, New York. Elevation Oncology operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 40 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS28623U1016
CUSIP28623U101
LocationNew York; U.S.A
Business Address101 Federal Street,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteelevationoncology.com
Phone716 371 1125
CurrencyUSD - US Dollar

Elevation Oncology Key Financial Ratios

Elevation Oncology Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets80.9M149.5M94.2M89.1M102.5M91.4M
Other Current Liab1.1M3.1M9.3M3.6M4.2M3.8M
Net Debt(79.4M)(146.3M)(16.5M)(19.1M)(22.0M)(23.1M)
Retained Earnings(23.1M)(55.2M)(150.3M)(196.0M)(176.4M)(167.6M)
Accounts Payable5.7M5.6M6.4M507K583.1K553.9K
Cash79.4M146.3M45.9M49.3M56.6M71.0M
Other Current Assets1.4M6.3M2.7M4.9M5.6M3.4M
Total Liab104.0M8.8M45.1M34.3M30.9M32.0M
Net Invested Capital(23.1M)140.7M78.5M84.9M97.7M60.5M
Total Current Assets80.8M149.4M93.0M88.0M101.2M90.9M
Net Working Capital74.0M140.6M77.3M83.8M96.4M83.0M

Elevation Oncology Key Income Statement Accounts

The reason investors look at the income statement is to determine what Elevation Oncology's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Operating Income(17.3M)(32.0M)(94.5M)(45.4M)(40.9M)(42.9M)
Ebit(17.3M)(32.0M)(94.5M)(41.5M)(37.4M)(39.2M)
Research Development15.5M23.6M78.7M25.4M29.2M32.7M
Ebitda(17.3M)(32.0M)(94.5M)(41.5M)(37.3M)(39.2M)
Income Before Tax(17.3M)(32.0M)(95.1M)(45.7M)(41.1M)(43.2M)
Net Income(17.3M)(32.0M)(95.1M)(45.7M)(41.1M)(43.2M)
Income Tax Expense(191.3K)(218.6K)25K30K34.5K36.2K

Elevation Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Elevation Oncology's current stock value. Our valuation model uses many indicators to compare Elevation Oncology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elevation Oncology competition to find correlations between indicators driving Elevation Oncology's intrinsic value. More Info.
Elevation Oncology is rated # 3 in return on equity category among its peers. It is rated # 2 in return on asset category among its peers . At this time, Elevation Oncology's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Elevation Oncology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Elevation Oncology Systematic Risk

Elevation Oncology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elevation Oncology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on Elevation Oncology correlated with the market. If Beta is less than 0 Elevation Oncology generally moves in the opposite direction as compared to the market. If Elevation Oncology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elevation Oncology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elevation Oncology is generally in the same direction as the market. If Beta > 1 Elevation Oncology moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Elevation Oncology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Elevation Oncology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Elevation Oncology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.005627

At this time, Elevation Oncology's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Elevation Oncology January 31, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Elevation Oncology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elevation Oncology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elevation Oncology based on widely used predictive technical indicators. In general, we focus on analyzing Elevation Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elevation Oncology's daily price indicators and compare them against related drivers.

Additional Tools for Elevation Stock Analysis

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