Elutia Ebit vs Ebitda Analysis
ELUT Stock | 3.20 0.01 0.31% |
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 Ebit and its Ebitda 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.
Ebit vs Ebitda
Ebit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elutia Inc Ebit account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Elutia's Ebit and Ebitda is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda 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 Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Elutia Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., Elutia's Ebit and Ebitda go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Ebitda
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. Selling General Administrative is likely to gain to about 12.8 M in 2025, whereas Enterprise Value Multiple is likely to drop (1.30) in 2025.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 11.6M | 11.1M | 9.9M | 13.1M | Total Revenue | 23.8M | 24.7M | 22.3M | 29.1M |
Elutia fundamental ratios Correlations
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Elutia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Elutia fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 82.8M | 67.2M | 68.8M | 43.4M | 39.1M | 49.1M | |
Other Current Liab | 6.3M | 11.6M | 41.0M | 36.9M | 42.4M | 21.2M | |
Total Current Liabilities | 26.8M | 26.0M | 42.6M | 43.0M | 49.5M | 34.5M | |
Total Stockholder Equity | 20.8M | 13.5M | (5.0M) | (38.6M) | (44.4M) | (42.2M) | |
Property Plant And Equipment Net | 1.2M | 1.2M | 565K | 504K | 453.6K | 707.0K | |
Net Debt | 12.8M | 14.6M | 22.4M | 4.7M | 4.2M | 4.0M | |
Retained Earnings | (80.3M) | (105.1M) | (138.0M) | (175.6M) | (158.1M) | (166.0M) | |
Accounts Payable | 2.1M | 1.6M | 1.4M | 2.3M | 2.1M | 2.0M | |
Cash | 39.5M | 30.4M | 17.0M | 19.3M | 22.2M | 23.9M | |
Non Current Assets Total | 23.1M | 19.7M | 18.1M | 12.2M | 11.0M | 15.9M | |
Long Term Debt | 17.8M | 10.4M | 24.3M | 20.4M | 23.4M | 20.3M | |
Net Receivables | 7.2M | 6.0M | 17.6M | 6.0M | 6.9M | 9.7M | |
Common Stock Shares Outstanding | 10.2M | 10.4M | 13.8M | 18.2M | 20.9M | 13.8M | |
Non Current Liabilities Total | 35.2M | 27.6M | 31.3M | 39.0M | 35.1M | 34.4M | |
Inventory | 10.1M | 9.6M | 4.2M | 3.9M | 3.5M | 5.6M | |
Other Current Assets | 3.3M | 1.5M | 11.9M | 2.2M | 2.5M | 4.2M | |
Total Liab | 62.0M | 53.6M | 73.9M | 82.0M | 73.8M | 59.4M | |
Net Invested Capital | 54.2M | 39.5M | 28.2M | (14.9M) | (17.2M) | (16.3M) | |
Property Plant And Equipment Gross | 5.5M | 5.6M | 3.1M | 1.1M | 976.5K | 927.7K | |
Short Long Term Debt | 15.6M | 15.6M | 9.0M | 3.3M | 3.0M | 2.8M | |
Total Current Assets | 59.7M | 47.4M | 50.7M | 31.3M | 35.9M | 45.7M | |
Capital Stock | 10K | 13K | 16K | 23K | 26.5K | 13.9K | |
Non Current Liabilities Other | 16.6M | 16.5M | 6.0M | 5.9M | 5.3M | 9.9M | |
Net Working Capital | 32.9M | 21.4M | 8.1M | (11.8M) | (10.6M) | (10.1M) | |
Intangible Assets | 21.9M | 18.5M | 15.1M | 11.7M | 10.5M | 14.8M | |
Common Stock | 10K | 13K | 16K | 23K | 26.5K | 13.9K |
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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.