Erasca Current Ratio from 2010 to 2024

ERAS Stock  USD 2.92  0.14  5.04%   
Erasca Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
12.26013152
Current Value
14.22
Quarterly Volatility
3.59681676
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Erasca financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erasca's main balance sheet or income statement drivers, such as Net Interest Income of 16.1 M, Interest Income of 16.1 M or Depreciation And Amortization of 3.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.06. Erasca financial statements analysis is a perfect complement when working with Erasca Valuation or Volatility modules.
  
Check out the analysis of Erasca Correlation against competitors.

Latest Erasca's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Erasca Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Erasca's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Erasca's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 17.09 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Erasca Current Ratio Regression Statistics

Arithmetic Mean16.41
Geometric Mean15.95
Coefficient Of Variation21.91
Mean Deviation2.90
Median18.59
Standard Deviation3.60
Sample Variance12.94
Range9.8183
R-Value(0.69)
Mean Square Error7.25
R-Squared0.48
Significance0
Slope(0.56)
Total Sum of Squares181.12

Erasca Current Ratio History

2024 14.22
2023 12.26
2022 9.13
2021 15.92
2020 8.77

About Erasca Financial Statements

Erasca shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Erasca investors may analyze each financial statement separately, they are all interrelated. The changes in Erasca's assets and liabilities, for example, are also reflected in the revenues and expenses on on Erasca'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
Current Ratio 12.26  14.22 

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Additional Tools for Erasca Stock Analysis

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