Erasca Inc Stock Market Capitalization

ERAS Stock  USD 2.76  0.06  2.22%   
Erasca Inc fundamentals help investors to digest information that contributes to Erasca's financial success or failures. It also enables traders to predict the movement of Erasca Stock. The fundamental analysis module provides a way to measure Erasca'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 Erasca stock.
Last ReportedProjected for Next Year
Market Cap604.8 M574.6 M
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Erasca Inc Company Market Capitalization Analysis

Erasca's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

 = 

Shares Outstanding

X

Share Price

More About Market Capitalization | All Equity Analysis

Current Erasca Market Capitalization

    
  780.33 M  
Most of Erasca's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Erasca Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Erasca Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for Erasca is extremely important. It helps to project a fair market value of Erasca Stock properly, considering its historical fundamentals such as Market Capitalization. Since Erasca'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 Erasca'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 Erasca's interrelated accounts and indicators.
-0.20.94-0.79-0.860.650.790.020.971.00.951.00.570.950.880.95-0.430.7
-0.20.10.64-0.21-0.690.18-0.14-0.19-0.220.0-0.220.620.00.20.0-0.70.31
0.940.1-0.6-0.920.480.81-0.180.950.930.950.930.750.950.960.95-0.660.79
-0.790.64-0.60.38-0.61-0.290.04-0.79-0.8-0.59-0.80.04-0.59-0.41-0.64-0.11-0.14
-0.86-0.21-0.920.38-0.47-0.94-0.11-0.8-0.86-0.93-0.85-0.89-0.93-0.99-0.90.76-0.93
0.65-0.690.48-0.61-0.470.480.070.620.660.580.650.10.580.480.530.080.42
0.790.180.81-0.29-0.940.480.160.730.780.930.770.830.930.90.89-0.590.98
0.02-0.14-0.180.04-0.110.070.16-0.230.05-0.040.030.04-0.04-0.02-0.070.00.05
0.97-0.190.95-0.79-0.80.620.73-0.230.960.930.970.520.930.850.95-0.390.67
1.0-0.220.93-0.8-0.860.660.780.050.960.941.00.560.940.870.94-0.420.69
0.950.00.95-0.59-0.930.580.93-0.040.930.940.940.721.00.940.99-0.520.88
1.0-0.220.93-0.8-0.850.650.770.030.971.00.940.560.940.870.95-0.430.68
0.570.620.750.04-0.890.10.830.040.520.560.720.560.720.880.68-0.930.89
0.950.00.95-0.59-0.930.580.93-0.040.930.941.00.940.720.940.99-0.520.88
0.880.20.96-0.41-0.990.480.9-0.020.850.870.940.870.880.940.91-0.770.91
0.950.00.95-0.64-0.90.530.89-0.070.950.940.990.950.680.990.91-0.490.83
-0.43-0.7-0.66-0.110.760.08-0.590.0-0.39-0.42-0.52-0.43-0.93-0.52-0.77-0.49-0.68
0.70.310.79-0.14-0.930.420.980.050.670.690.880.680.890.880.910.83-0.68
Click cells to compare fundamentals

Erasca Market Capitalization Historical Pattern

Today, most investors in Erasca Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Erasca's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Erasca market capitalization as a starting point in their analysis.
   Erasca Market Capitalization   
       Timeline  
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Erasca Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.15

At this time, Erasca's Long Term Debt To Capitalization is comparatively stable compared to the past year.
Based on the recorded statements, the market capitalization of Erasca Inc is about 780.33 M. This is 93.97% lower than that of the Biotechnology sector and 83.54% lower than that of the Health Care industry. The market capitalization for all United States stocks is 95.9% higher than that of the company.

Erasca Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erasca's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Erasca could also be used in its relative valuation, which is a method of valuing Erasca by comparing valuation metrics of similar companies.
Erasca is currently under evaluation in market capitalization category among its peers.

Erasca 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, Erasca's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Erasca's managers, analysts, and investors.
Environmental
Governance
Social

Erasca Fundamentals

About Erasca Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Erasca Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erasca using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erasca 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Erasca Stock Analysis

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