Elevation Historical Balance Sheet

ELEV Stock  USD 0.62  0.01  1.59%   
Trend analysis of Elevation Oncology balance sheet accounts such as Total Current Liabilities of 7.9 M or Total Stockholder Equity of 47.4 M provides information on Elevation Oncology's total assets, liabilities, and equity, which is the actual value of Elevation Oncology to its prevalent stockholders. By breaking down trends over time using Elevation Oncology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elevation Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Elevation Stock please use our How to Invest in Elevation Oncology guide.

About Elevation Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Elevation Oncology at a specified time, usually calculated after every quarter, six months, or one year. Elevation Oncology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Elevation Oncology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Elevation currently owns. An asset can also be divided into two categories, current and non-current.

Elevation Oncology Balance Sheet Chart

At this time, Elevation Oncology's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Intangible Assets is likely to climb to 69.03 in 2024, whereas Net Tangible Assets are likely to drop slightly above 44.2 M in 2024.

Total Assets

Total assets refers to the total amount of Elevation Oncology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Elevation Oncology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Elevation Oncology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Elevation Oncology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Elevation Oncology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Elevation Oncology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Elevation Oncology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Elevation Oncology current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Elevation Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Elevation Stock please use our How to Invest in Elevation Oncology guide.At this time, Elevation Oncology's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Intangible Assets is likely to climb to 69.03 in 2024, whereas Net Tangible Assets are likely to drop slightly above 44.2 M in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities3.1M9.3M3.6M3.8M
Total Assets149.5M94.2M89.1M91.4M

Elevation Oncology balance sheet Correlations

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0.730.940.610.61-0.28-0.80.650.520.720.270.260.650.760.390.730.730.69-0.870.850.79-0.870.750.320.80.3
0.840.940.640.63-0.52-0.690.840.720.840.110.430.690.590.560.710.840.81-0.780.670.71-0.780.610.170.620.29
0.850.610.641.0-0.72-0.580.50.820.850.28-0.130.930.58-0.020.980.850.85-0.710.410.17-0.71-0.030.340.430.27
0.850.610.631.0-0.72-0.580.50.820.840.29-0.130.930.57-0.020.980.850.85-0.70.410.17-0.7-0.040.340.430.25
-0.8-0.28-0.52-0.72-0.720.17-0.74-0.93-0.810.05-0.32-0.73-0.01-0.38-0.63-0.81-0.820.270.040.050.270.340.00.020.0
-0.71-0.8-0.69-0.58-0.580.17-0.26-0.5-0.7-0.76-0.27-0.74-0.96-0.36-0.72-0.71-0.70.98-0.92-0.330.98-0.53-0.79-0.93-0.68
0.740.650.840.50.5-0.74-0.260.730.75-0.220.530.530.080.640.510.750.72-0.360.270.58-0.360.28-0.180.22-0.16
0.960.520.720.820.82-0.93-0.50.730.960.20.380.890.360.470.790.960.97-0.580.270.07-0.58-0.10.250.290.31
1.00.720.840.850.84-0.81-0.70.750.960.340.410.940.560.510.871.01.0-0.770.530.26-0.770.140.390.540.36
0.350.270.110.280.290.05-0.76-0.220.20.340.190.520.720.180.40.350.37-0.650.67-0.21-0.650.081.00.760.53
0.410.260.43-0.13-0.13-0.32-0.270.530.380.410.190.170.010.99-0.060.410.4-0.180.250.13-0.180.240.190.250.14
0.940.650.690.930.93-0.73-0.740.530.890.940.520.170.660.270.950.940.95-0.810.560.11-0.810.010.570.60.38
0.570.760.590.580.57-0.01-0.960.080.360.560.720.010.660.10.710.570.56-0.960.90.34-0.960.540.760.910.69
0.510.390.56-0.02-0.02-0.38-0.360.640.470.510.180.990.270.10.060.510.5-0.290.340.25-0.290.320.190.330.16
0.870.730.710.980.98-0.63-0.720.510.790.870.4-0.060.950.710.060.870.87-0.820.590.28-0.820.130.460.60.32
1.00.730.840.850.85-0.81-0.710.750.961.00.350.410.940.570.510.871.0-0.780.540.26-0.780.150.410.550.37
1.00.690.810.850.85-0.82-0.70.720.971.00.370.40.950.560.50.871.0-0.760.510.21-0.760.10.420.530.37
-0.78-0.87-0.78-0.71-0.70.270.98-0.36-0.58-0.77-0.65-0.18-0.81-0.96-0.29-0.82-0.78-0.76-0.9-0.421.0-0.53-0.7-0.9-0.61
0.540.850.670.410.410.04-0.920.270.270.530.670.250.560.90.340.590.540.51-0.90.57-0.90.730.70.990.41
0.260.790.710.170.170.05-0.330.580.070.26-0.210.130.110.340.250.280.260.21-0.420.57-0.420.86-0.170.48-0.15
-0.78-0.87-0.78-0.71-0.70.270.98-0.36-0.58-0.77-0.65-0.18-0.81-0.96-0.29-0.82-0.78-0.761.0-0.9-0.42-0.53-0.7-0.9-0.61
0.150.750.61-0.03-0.040.34-0.530.28-0.10.140.080.240.010.540.320.130.150.1-0.530.730.86-0.530.110.640.23
0.410.320.170.340.340.0-0.79-0.180.250.391.00.190.570.760.190.460.410.42-0.70.7-0.17-0.70.110.780.55
0.550.80.620.430.430.02-0.930.220.290.540.760.250.60.910.330.60.550.53-0.90.990.48-0.90.640.780.43
0.370.30.290.270.250.0-0.68-0.160.310.360.530.140.380.690.160.320.370.37-0.610.41-0.15-0.610.230.550.43
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Elevation Oncology Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Elevation Stock Analysis

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