Elutia Inc Stock Cash And Equivalents

ELUT Stock

4.40 0.02 0.46%

Elutia Inc fundamentals help investors to digest information that contributes to Elutia's financial success or failures. It also enables traders to predict the movement of Elutia Stock. The fundamental analysis module provides a way to measure Elutia's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elutia stock.

Other Current Liab Total Assets

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Elutia Inc Company Cash And Equivalents Analysis

Elutia's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

Bank Deposits

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Liquidities

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Elutia Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Elutia is extremely important. It helps to project a fair market value of Elutia Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Elutia's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elutia's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elutia's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Debt
Total Assets		0.96	0.8	-0.85	-0.26	-0.74	-0.28	0.36	-0.77	0.98	0.88	0.9	0.47	0.87	-0.36	0.47	0.21	-0.34	-0.22
Total Stockholder Equity	0.96		0.91	-0.9	-0.43	-0.86	-0.42	0.28	-0.88	1.0	0.86	0.94	0.64	0.79	-0.54	0.64	0.34	-0.54	-0.3
Net Tangible Assets	0.8	0.91		-0.8	-0.75	-0.98	-0.29	0.29	-0.96	0.89	0.6	0.96	0.88	0.49	-0.82	0.88	0.6	-0.77	-0.56
Net Debt	-0.85	-0.9	-0.8		0.25	0.67	0.65	0.13	0.81	-0.88	-0.87	-0.8	-0.45	-0.82	0.33	-0.45	-0.04	0.31	-0.05
Retained Earnings	-0.26	-0.43	-0.75	0.25		0.83	-0.11	-0.37	0.71	-0.39	0.07	-0.65	-0.93	0.2	0.98	-0.93	-0.84	0.92	0.85
Accounts Payable	-0.74	-0.86	-0.98	0.67	0.83		0.17	-0.44	0.94	-0.84	-0.49	-0.94	-0.91	-0.37	0.88	-0.91	-0.69	0.87	0.69
Long Term Debt	-0.28	-0.42	-0.29	0.65	-0.11	0.17		0.58	0.4	-0.37	-0.63	-0.2	-0.03	-0.51	-0.06	-0.03	0.35	0.1	-0.5
Net Receivables	0.36	0.28	0.29	0.13	-0.37	-0.44	0.58		-0.25	0.32	0.03	0.42	0.33	0.03	-0.4	0.33	0.5	-0.42	-0.72
Total Liab	-0.77	-0.88	-0.96	0.81	0.71	0.94	0.4	-0.25		-0.85	-0.6	-0.94	-0.77	-0.48	0.74	-0.77	-0.43	0.76	0.44
Net Invested Capital	0.98	1.0	0.89	-0.88	-0.39	-0.84	-0.37	0.32	-0.85		0.87	0.93	0.61	0.81	-0.51	0.61	0.33	-0.5	-0.31
Short Long Term Debt	0.88	0.86	0.6	-0.87	0.07	-0.49	-0.63	0.03	-0.6	0.87		0.66	0.2	0.97	-0.06	0.2	-0.11	-0.12	0.17
Total Current Assets	0.9	0.94	0.96	-0.8	-0.65	-0.94	-0.2	0.42	-0.94	0.93	0.66		0.75	0.59	-0.7	0.75	0.48	-0.66	-0.51
Capital Stock	0.47	0.64	0.88	-0.45	-0.93	-0.91	-0.03	0.33	-0.77	0.61	0.2	0.75		0.07	-0.98	1.0	0.89	-0.91	-0.81
Net Working Capital	0.87	0.79	0.49	-0.82	0.2	-0.37	-0.51	0.03	-0.48	0.81	0.97	0.59	0.07		0.08	0.07	-0.21	0.06	0.25
Intangible Assets	-0.36	-0.54	-0.82	0.33	0.98	0.88	-0.06	-0.4	0.74	-0.51	-0.06	-0.7	-0.98	0.08		-0.98	-0.9	0.95	0.87
Common Stock	0.47	0.64	0.88	-0.45	-0.93	-0.91	-0.03	0.33	-0.77	0.61	0.2	0.75	1.0	0.07	-0.98		0.89	-0.91	-0.81
Property Plant Equipment	0.21	0.34	0.6	-0.04	-0.84	-0.69	0.35	0.5	-0.43	0.33	-0.11	0.48	0.89	-0.21	-0.9	0.89		-0.8	-0.94
Current Deferred Revenue	-0.34	-0.54	-0.77	0.31	0.92	0.87	0.1	-0.42	0.76	-0.5	-0.12	-0.66	-0.91	0.06	0.95	-0.91	-0.8		0.8
Short Term Debt	-0.22	-0.3	-0.56	-0.05	0.85	0.69	-0.5	-0.72	0.44	-0.31	0.17	-0.51	-0.81	0.25	0.87	-0.81	-0.94	0.8

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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Competition

Predict Elutia

In accordance with the recently published financial statements, Elutia Inc has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.

Elutia Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elutia's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elutia could also be used in its relative valuation, which is a method of valuing Elutia by comparing valuation metrics of similar companies.

Elutia is currently under evaluation in cash and equivalents category among its peers.

Elutia Current Valuation Drivers

We derive many important indicators used in calculating different scores of Elutia from analyzing Elutia's financial statements. These drivers represent accounts that assess Elutia's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Elutia's important valuation drivers and their relationship over time.

		2019	2020	2021	2022	2023	2024 (projected)
Enterprise Value		243.9M	152.2M	80.4M	81.2M	43.9M	41.7M

Elutia ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Elutia's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Elutia's managers, analysts, and investors.

Environmental

Governance

Social

Elutia Fundamentals

	Return On Asset	-0.29
	Profit Margin	(2.61) %
	Operating Margin	(0.99) %
	Current Valuation	149.46 M
	Shares Outstanding	30.25 M
	Shares Owned By Insiders	6.97 %
	Shares Owned By Institutions	71.62 %
	Number Of Shares Shorted	109.38 K
	Price To Sales	6.09 X
	Revenue	24.75 M
	Gross Profit	19.22 M
	EBITDA	(31.92 M)
	Net Income	(37.66 M)
	Total Debt	23.95 M
	Book Value Per Share	(1.66) X
	Cash Flow From Operations	(21.76 M)
	Short Ratio	3.32 X
	Earnings Per Share	(2.35) X
	Target Price	10.0
	Number Of Employees	54
	Beta	0.76
	Market Capitalization	152.07 M
	Total Asset	43.43 M
	Retained Earnings	(175.64 M)
	Working Capital	(11.78 M)
	Net Asset	43.43 M

About Elutia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elutia Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elutia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elutia Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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