Elutia Debt Ratio from 2010 to 2024

ELUT Stock   4.84  1.31  37.11%   
Elutia Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Elutia Debt Ratio quarterly data regression had r-value of (0.71) and coefficient of variation of  42.58. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.67495625
Current Value
1.06
Quarterly Volatility
0.5861316
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elutia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elutia's main balance sheet or income statement drivers, such as Tax Provision of 38.1 K, Interest Expense of 6 M or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 2.98, Dividend Yield of 0.0 or Days Sales Outstanding of 79.11. Elutia financial statements analysis is a perfect complement when working with Elutia Valuation or Volatility modules.
  
Check out the analysis of Elutia Correlation against competitors.

Latest Elutia's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Elutia Inc over the last few years. It is Elutia's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elutia's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Elutia Debt Ratio Regression Statistics

Arithmetic Mean1.38
Geometric Mean1.20
Coefficient Of Variation42.58
Mean Deviation0.51
Median1.73
Standard Deviation0.59
Sample Variance0.34
Range1.7048
R-Value(0.71)
Mean Square Error0.18
R-Squared0.50
Significance0
Slope(0.09)
Total Sum of Squares4.81

Elutia Debt Ratio History

2024 1.06
2023 0.67
2021 0.35
2020 0.63
2019 2.05

Other Fundumenentals of Elutia Inc

Elutia Debt Ratio component correlations

0.960.8-0.85-0.26-0.74-0.280.36-0.770.980.880.90.470.87-0.360.470.21-0.3-0.23
0.960.91-0.9-0.43-0.86-0.420.28-0.881.00.860.940.640.79-0.540.640.34-0.47-0.31
0.80.91-0.8-0.75-0.98-0.290.29-0.960.890.60.960.880.49-0.820.880.6-0.74-0.56
-0.85-0.9-0.80.250.670.650.130.81-0.88-0.87-0.8-0.45-0.820.33-0.45-0.040.22-0.05
-0.26-0.43-0.750.250.83-0.11-0.370.71-0.390.07-0.65-0.930.20.98-0.93-0.840.960.85
-0.74-0.86-0.980.670.830.17-0.440.94-0.84-0.49-0.94-0.91-0.370.88-0.91-0.690.850.69
-0.28-0.42-0.290.65-0.110.170.580.4-0.37-0.63-0.2-0.03-0.51-0.06-0.030.35-0.07-0.5
0.360.280.290.13-0.37-0.440.58-0.250.320.030.420.330.03-0.40.330.5-0.51-0.73
-0.77-0.88-0.960.810.710.940.4-0.25-0.85-0.6-0.94-0.77-0.480.74-0.77-0.430.70.45
0.981.00.89-0.88-0.39-0.84-0.370.32-0.850.870.930.610.81-0.510.610.33-0.44-0.31
0.880.860.6-0.870.07-0.49-0.630.03-0.60.870.660.20.97-0.060.2-0.11-0.010.17
0.90.940.96-0.8-0.65-0.94-0.20.42-0.940.930.660.750.59-0.70.750.48-0.64-0.51
0.470.640.88-0.45-0.93-0.91-0.030.33-0.770.610.20.750.07-0.981.00.89-0.92-0.81
0.870.790.49-0.820.2-0.37-0.510.03-0.480.810.970.590.070.080.07-0.210.150.25
-0.36-0.54-0.820.330.980.88-0.06-0.40.74-0.51-0.06-0.7-0.980.08-0.98-0.90.970.87
0.470.640.88-0.45-0.93-0.91-0.030.33-0.770.610.20.751.00.07-0.980.89-0.92-0.81
0.210.340.6-0.04-0.84-0.690.350.5-0.430.33-0.110.480.89-0.21-0.90.89-0.86-0.94
-0.3-0.47-0.740.220.960.85-0.07-0.510.7-0.44-0.01-0.64-0.920.150.97-0.92-0.860.89
-0.23-0.31-0.56-0.050.850.69-0.5-0.730.45-0.310.17-0.51-0.810.250.87-0.81-0.940.89
Click cells to compare fundamentals

About Elutia Financial Statements

Elutia shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Elutia investors may analyze each financial statement separately, they are all interrelated. The changes in Elutia's assets and liabilities, for example, are also reflected in the revenues and expenses on on Elutia's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 0.67  1.06 
Cash Flow To Debt Ratio(0.74)(0.78)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.