Elutia Cash Flow To Debt Ratio vs Free Cash Flow Yield Analysis
ELUT Stock | 4.00 0.16 3.85% |
Elutia financial indicator trend analysis is much more than just examining Elutia Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elutia Inc is a good investment. Please check the relationship between Elutia Cash Flow To Debt Ratio and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elutia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Cash Flow To Debt Ratio vs Free Cash Flow Yield
Cash Flow To Debt Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elutia Inc Cash Flow To Debt Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Elutia's Cash Flow To Debt Ratio and Free Cash Flow Yield is 0.93. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Elutia Inc, assuming nothing else is changed. The correlation between historical values of Elutia's Cash Flow To Debt Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flow To Debt Ratio of Elutia Inc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Cash Flow To Debt Ratio i.e., Elutia's Cash Flow To Debt Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash Flow To Debt Ratio
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Elutia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elutia Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elutia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Elutia's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 13.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 12.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.0M | 11.6M | 11.1M | 13.1M | Total Revenue | 47.4M | 23.8M | 24.7M | 29.1M |
Elutia fundamental ratios Correlations
Click cells to compare fundamentals
Elutia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.