Elutia Pe Ratio vs Operating Cash Flow Per Share Analysis

ELUT Stock   4.14  0.05  1.19%   
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 Pe Ratio and its Operating Cash Flow Per Share 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.

Pe Ratio vs Operating Cash Flow Per Share

Pe Ratio vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elutia Inc Pe Ratio account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Elutia's Pe Ratio and Operating Cash Flow Per Share is -0.94. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Operating Cash Flow Per Share 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 Pe Ratio and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Elutia Inc are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Pe Ratio i.e., Elutia's Pe Ratio and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Pe Ratio

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
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 Profit19.0M11.6M11.1M13.1M
Total Revenue47.4M23.8M24.7M29.1M

Elutia fundamental ratios Correlations

0.350.420.96-0.120.80.16-0.85-0.26-0.740.84-0.310.42-0.34-0.280.360.02-0.740.390.6-0.770.980.140.880.90.47
0.350.990.47-0.920.71-0.83-0.15-0.89-0.810.52-0.910.63-0.880.290.610.89-0.79-0.680.82-0.580.46-0.780.010.620.92
0.420.990.54-0.920.79-0.79-0.27-0.93-0.870.63-0.950.54-0.880.240.550.9-0.85-0.60.8-0.670.53-0.790.060.710.96
0.960.470.54-0.240.910.08-0.9-0.43-0.860.92-0.50.36-0.54-0.420.280.18-0.860.320.59-0.881.00.00.860.940.64
-0.12-0.92-0.92-0.24-0.570.91-0.020.940.69-0.40.9-0.470.83-0.43-0.56-0.910.670.79-0.720.5-0.220.950.28-0.5-0.83
0.80.710.790.91-0.57-0.24-0.8-0.75-0.980.97-0.80.31-0.77-0.290.290.53-0.990.010.64-0.960.89-0.390.60.960.88
0.16-0.83-0.790.080.91-0.24-0.370.740.39-0.050.71-0.50.61-0.67-0.55-0.890.360.96-0.60.120.080.90.54-0.16-0.63
-0.85-0.15-0.27-0.9-0.02-0.8-0.370.250.67-0.90.330.080.310.650.130.010.7-0.6-0.20.81-0.88-0.16-0.87-0.8-0.45
-0.26-0.89-0.93-0.430.94-0.750.740.250.83-0.620.98-0.290.92-0.11-0.37-0.890.830.57-0.630.71-0.390.890.07-0.65-0.93
-0.74-0.81-0.87-0.860.69-0.980.390.670.83-0.90.85-0.440.870.17-0.44-0.611.00.15-0.750.94-0.840.5-0.49-0.94-0.91
0.840.520.630.92-0.40.97-0.05-0.9-0.62-0.9-0.670.13-0.62-0.390.130.37-0.920.220.5-0.950.9-0.260.670.950.76
-0.31-0.91-0.95-0.50.9-0.80.710.330.980.85-0.67-0.280.93-0.02-0.3-0.910.860.53-0.60.72-0.460.83-0.02-0.66-0.98
0.420.630.540.36-0.470.31-0.50.08-0.29-0.440.13-0.28-0.410.480.950.27-0.38-0.450.89-0.210.4-0.20.160.410.35
-0.34-0.88-0.88-0.540.83-0.770.610.310.920.87-0.620.93-0.410.1-0.42-0.770.860.47-0.660.76-0.50.71-0.12-0.66-0.91
-0.280.290.24-0.42-0.43-0.29-0.670.65-0.110.17-0.39-0.020.480.10.580.320.22-0.720.390.4-0.37-0.44-0.63-0.2-0.03
0.360.610.550.28-0.560.29-0.550.13-0.37-0.440.13-0.30.95-0.420.580.28-0.38-0.50.91-0.250.32-0.330.030.420.33
0.020.890.90.18-0.910.53-0.890.01-0.89-0.610.37-0.910.27-0.770.320.28-0.6-0.770.51-0.390.16-0.91-0.290.370.87
-0.74-0.79-0.85-0.860.67-0.990.360.70.831.0-0.920.86-0.380.860.22-0.38-0.60.12-0.710.95-0.840.49-0.5-0.94-0.91
0.39-0.68-0.60.320.790.010.96-0.60.570.150.220.53-0.450.47-0.72-0.5-0.770.12-0.45-0.120.320.810.70.1-0.43
0.60.820.80.59-0.720.64-0.6-0.2-0.63-0.750.5-0.60.89-0.660.390.910.51-0.71-0.45-0.570.61-0.470.230.720.66
-0.77-0.58-0.67-0.880.5-0.960.120.810.710.94-0.950.72-0.210.760.4-0.25-0.390.95-0.12-0.57-0.850.34-0.6-0.94-0.77
0.980.460.531.0-0.220.890.08-0.88-0.39-0.840.9-0.460.4-0.5-0.370.320.16-0.840.320.61-0.850.030.870.930.61
0.14-0.78-0.790.00.95-0.390.9-0.160.890.5-0.260.83-0.20.71-0.44-0.33-0.910.490.81-0.470.340.030.5-0.29-0.72
0.880.010.060.860.280.60.54-0.870.07-0.490.67-0.020.16-0.12-0.630.03-0.29-0.50.70.23-0.60.870.50.660.2
0.90.620.710.94-0.50.96-0.16-0.8-0.65-0.940.95-0.660.41-0.66-0.20.420.37-0.940.10.72-0.940.93-0.290.660.75
0.470.920.960.64-0.830.88-0.63-0.45-0.93-0.910.76-0.980.35-0.91-0.030.330.87-0.91-0.430.66-0.770.61-0.720.20.75
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Elutia Account Relationship Matchups

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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.