Elutia Intangible Assets vs Long Term Debt Analysis

ELUT Stock

3.45 0.05 1.47%

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 Intangible Assets and its Long Term Debt 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.

Intangible Assets vs Long Term Debt

Intangible Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elutia Inc Intangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Elutia's Intangible Assets and Long Term Debt is -0.24. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt 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 Intangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Elutia Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Intangible Assets i.e., Elutia's Intangible Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Long Term Debt

Long-term debt is a debt that Elutia Inc has held for over one year. Long-term debt appears on Elutia Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Elutia Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

Gross Profit Total Revenue

Elutia fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock
Total Assets		0.15	0.19	0.94	0.0	0.68	0.26	-0.12	-0.15	-0.61	0.73	-0.11	0.43	-0.21	-0.34	0.38	-0.16	-0.6	0.45	0.56	-0.68	0.95	0.24	0.88	0.83	0.23
Other Current Liab	0.15		0.99	0.36	-0.94	0.73	-0.88	-0.71	-0.93	-0.81	0.56	-0.94	0.48	-0.89	0.42	0.46	0.91	-0.8	-0.77	0.73	-0.59	0.37	-0.84	-0.15	0.59	0.94
Total Current Liabilities	0.19	0.99		0.4	-0.93	0.78	-0.85	-0.79	-0.94	-0.84	0.64	-0.96	0.38	-0.88	0.39	0.38	0.92	-0.84	-0.72	0.69	-0.65	0.4	-0.85	-0.12	0.64	0.97
Total Stockholder Equity	0.94	0.36	0.4		-0.17	0.85	0.1	-0.35	-0.37	-0.79	0.87	-0.37	0.36	-0.46	-0.41	0.28	0.08	-0.79	0.31	0.57	-0.83	1.0	0.05	0.85	0.91	0.48
Other Liab	0.0	-0.94	-0.93	-0.17		-0.62	0.93	0.75	0.95	0.72	-0.46	0.91	-0.38	0.86	-0.52	-0.47	-0.88	0.71	0.83	-0.68	0.54	-0.18	0.95	0.37	-0.51	-0.86
Net Tangible Assets	0.68	0.73	0.78	0.85	-0.62		-0.35	-0.77	-0.79	-0.98	0.97	-0.79	0.26	-0.8	-0.16	0.24	0.55	-0.99	-0.13	0.63	-0.95	0.84	-0.47	0.46	0.95	0.85
Property Plant And Equipment Net	0.26	-0.88	-0.85	0.1	0.93	-0.35		0.58	0.8	0.47	-0.17	0.8	-0.37	0.68	-0.72	-0.41	-0.9	0.46	0.97	-0.54	0.21	0.09	0.92	0.58	-0.21	-0.75
Net Debt	-0.12	-0.71	-0.79	-0.35	0.75	-0.77	0.58		0.88	0.76	-0.75	0.9	0.19	0.76	-0.03	0.11	-0.79	0.79	0.41	-0.27	0.74	-0.33	0.8	0.1	-0.61	-0.87
Retained Earnings	-0.15	-0.93	-0.94	-0.37	0.95	-0.79	0.8	0.88		0.85	-0.66	0.98	-0.25	0.94	-0.24	-0.3	-0.87	0.85	0.67	-0.61	0.72	-0.36	0.9	0.16	-0.64	-0.94
Accounts Payable	-0.61	-0.81	-0.84	-0.79	0.72	-0.98	0.47	0.76	0.85		-0.91	0.84	-0.39	0.88	0.05	-0.38	-0.61	1.0	0.27	-0.74	0.94	-0.78	0.56	-0.36	-0.93	-0.88
Cash	0.73	0.56	0.64	0.87	-0.46	0.97	-0.17	-0.75	-0.66	-0.91		-0.67	0.1	-0.64	-0.27	0.1	0.42	-0.92	0.07	0.5	-0.95	0.86	-0.34	0.56	0.95	0.73
Non Current Assets Total	-0.11	-0.94	-0.96	-0.37	0.91	-0.79	0.8	0.9	0.98	0.84	-0.67		-0.18	0.92	-0.22	-0.19	-0.93	0.85	0.66	-0.53	0.7	-0.36	0.88	0.14	-0.61	-0.98
Non Currrent Assets Other	0.43	0.48	0.38	0.36	-0.38	0.26	-0.37	0.19	-0.25	-0.39	0.1	-0.18		-0.34	0.42	0.95	0.12	-0.33	-0.34	0.88	-0.19	0.4	-0.12	0.18	0.39	0.23
Other Assets	-0.21	-0.89	-0.88	-0.46	0.86	-0.8	0.68	0.76	0.94	0.88	-0.64	0.92	-0.34		-0.05	-0.35	-0.76	0.87	0.57	-0.64	0.77	-0.44	0.76	0.01	-0.66	-0.9
Long Term Debt	-0.34	0.42	0.39	-0.41	-0.52	-0.16	-0.72	-0.03	-0.24	0.05	-0.27	-0.22	0.42	-0.05		0.51	0.46	0.08	-0.76	0.39	0.29	-0.36	-0.53	-0.66	-0.13	0.19
Net Receivables	0.38	0.46	0.38	0.28	-0.47	0.24	-0.41	0.11	-0.3	-0.38	0.1	-0.19	0.95	-0.35	0.51		0.12	-0.33	-0.39	0.9	-0.22	0.32	-0.23	0.05	0.41	0.21
Common Stock Shares Outstanding	-0.16	0.91	0.92	0.08	-0.88	0.55	-0.9	-0.79	-0.87	-0.61	0.42	-0.93	0.12	-0.76	0.46	0.12		-0.62	-0.82	0.39	-0.41	0.08	-0.9	-0.39	0.35	0.91
Non Current Liabilities Total	-0.6	-0.8	-0.84	-0.79	0.71	-0.99	0.46	0.79	0.85	1.0	-0.92	0.85	-0.33	0.87	0.08	-0.33	-0.62		0.25	-0.69	0.95	-0.78	0.56	-0.36	-0.93	-0.89
Inventory	0.45	-0.77	-0.72	0.31	0.83	-0.13	0.97	0.41	0.67	0.27	0.07	0.66	-0.34	0.57	-0.76	-0.39	-0.82	0.25		-0.43	0.0	0.29	0.86	0.72	0.02	-0.59
Other Current Assets	0.56	0.73	0.69	0.57	-0.68	0.63	-0.54	-0.27	-0.61	-0.74	0.5	-0.53	0.88	-0.64	0.39	0.9	0.39	-0.69	-0.43		-0.57	0.6	-0.44	0.2	0.72	0.57
Total Liab	-0.68	-0.59	-0.65	-0.83	0.54	-0.95	0.21	0.74	0.72	0.94	-0.95	0.7	-0.19	0.77	0.29	-0.22	-0.41	0.95	0.0	-0.57		-0.82	0.4	-0.49	-0.94	-0.74
Net Invested Capital	0.95	0.37	0.4	1.0	-0.18	0.84	0.09	-0.33	-0.36	-0.78	0.86	-0.36	0.4	-0.44	-0.36	0.32	0.08	-0.78	0.29	0.6	-0.82		0.05	0.84	0.91	0.47
Property Plant And Equipment Gross	0.24	-0.84	-0.85	0.05	0.95	-0.47	0.92	0.8	0.9	0.56	-0.34	0.88	-0.12	0.76	-0.53	-0.23	-0.9	0.56	0.86	-0.44	0.4	0.05		0.56	-0.32	-0.8
Short Long Term Debt	0.88	-0.15	-0.12	0.85	0.37	0.46	0.58	0.1	0.16	-0.36	0.56	0.14	0.18	0.01	-0.66	0.05	-0.39	-0.36	0.72	0.2	-0.49	0.84	0.56		0.58	-0.01
Total Current Assets	0.83	0.59	0.64	0.91	-0.51	0.95	-0.21	-0.61	-0.64	-0.93	0.95	-0.61	0.39	-0.66	-0.13	0.41	0.35	-0.93	0.02	0.72	-0.94	0.91	-0.32	0.58		0.68
Capital Stock	0.23	0.94	0.97	0.48	-0.86	0.85	-0.75	-0.87	-0.94	-0.88	0.73	-0.98	0.23	-0.9	0.19	0.21	0.91	-0.89	-0.59	0.57	-0.74	0.47	-0.8	-0.01	0.68

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Elutia Account Relationship Matchups

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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