Elicio Net Debt vs Common Stock Shares Outstanding Analysis

ELTX Stock

4.59 0.33 7.75%

Elicio Therapeutics financial indicator trend analysis is much more than just examining Elicio Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elicio Therapeutics is a good investment. Please check the relationship between Elicio Therapeutics Net Debt and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elicio Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Elicio Stock please use our How to Invest in Elicio Therapeutics guide.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elicio Therapeutics Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Elicio Therapeutics' Net Debt and Common Stock Shares Outstanding is -0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Elicio Therapeutics, assuming nothing else is changed. The correlation between historical values of Elicio Therapeutics' Net Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Elicio Therapeutics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Elicio Therapeutics' Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Elicio Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elicio Therapeutics 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 Elicio Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Elicio Stock please use our How to Invest in Elicio Therapeutics guide.Issuance Of Capital Stock is likely to rise to about 10.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.8 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	801K	1.1M	382K	654.8K
Interest Income	3.4K	64.8K	373K	391.7K

Depreciation And Amortization Interest Income

Elicio Therapeutics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.66	-0.2	0.6	0.08	-0.91	0.81	0.81	0.08	-0.92	0.97	0.72	0.94	0.93	0.94	0.72	0.44	-0.75	0.07	0.81	-0.2	0.66	0.57	0.18	0.09	0.83
Short Long Term Debt Total	0.66		0.28	0.96	-0.22	-0.84	0.54	0.8	0.7	-0.77	0.71	0.3	0.72	0.82	0.45	0.3	-0.04	-0.96	0.23	0.53	0.27	0.35	0.46	0.39	-0.15	0.58
Other Current Liab	-0.2	0.28		0.32	-0.89	0.1	-0.3	-0.34	0.46	0.34	-0.27	-0.21	-0.15	0.12	-0.4	-0.21	0.14	-0.19	0.79	-0.48	-0.17	-0.47	-0.71	0.82	-0.84	-0.28
Total Current Liabilities	0.6	0.96	0.32		-0.14	-0.74	0.34	0.76	0.58	-0.68	0.63	0.42	0.58	0.8	0.37	0.42	0.08	-0.87	0.12	0.36	0.14	0.45	0.41	0.3	-0.05	0.39
Total Stockholder Equity	0.08	-0.22	-0.89	-0.14		0.03	-0.02	0.36	-0.49	-0.24	0.16	0.34	-0.07	-0.14	0.21	0.34	-0.11	0.25	-0.98	0.2	0.13	0.62	0.69	-0.97	0.99	-0.02
Net Tangible Assets	-0.91	-0.84	0.1	-0.74	0.03		-0.83	-0.89	-0.42	0.96	-0.91	-0.46	-0.95	-0.91	-0.83	-0.46	-0.14	0.93	-0.15	-0.88	-0.12	-0.44	-0.64	-0.28	0.0	-0.86
Property Plant And Equipment Net	0.81	0.54	-0.3	0.34	-0.02	-0.83		0.66	0.34	-0.82	0.85	0.2	0.94	0.64	0.77	0.2	-0.04	-0.69	0.17	0.94	0.24	0.31	0.58	0.23	-0.04	1.0
Current Deferred Revenue	0.81	0.8	-0.34	0.76	0.36	-0.89	0.66		0.31	-0.96	0.86	0.54	0.78	0.78	0.74	0.54	0.01	-0.81	-0.29	0.79	0.24	0.68	0.87	-0.14	0.4	0.69
Net Debt	0.08	0.7	0.46	0.58	-0.49	-0.42	0.34	0.31		-0.27	0.18	-0.46	0.33	0.24	-0.13	-0.46	-0.6	-0.67	0.42	0.24	0.71	-0.29	0.13	0.51	-0.44	0.35
Retained Earnings	-0.92	-0.77	0.34	-0.68	-0.24	0.96	-0.82	-0.96	-0.27		-0.95	-0.55	-0.92	-0.85	-0.87	-0.55	-0.11	0.84	0.12	-0.9	-0.14	-0.63	-0.81	-0.01	-0.26	-0.85
Accounts Payable	0.97	0.71	-0.27	0.63	0.16	-0.91	0.85	0.86	0.18	-0.95		0.64	0.95	0.88	0.87	0.64	0.25	-0.76	-0.03	0.84	-0.01	0.71	0.68	0.09	0.18	0.87
Cash	0.72	0.3	-0.21	0.42	0.34	-0.46	0.2	0.54	-0.46	-0.55	0.64		0.45	0.7	0.71	1.0	0.79	-0.28	-0.24	0.3	-0.64	0.83	0.33	-0.15	0.36	0.24
Non Current Assets Total	0.94	0.72	-0.15	0.58	-0.07	-0.95	0.94	0.78	0.33	-0.92	0.95	0.45		0.86	0.87	0.45	0.19	-0.83	0.22	0.9	0.05	0.45	0.57	0.31	-0.07	0.96
Non Currrent Assets Other	0.93	0.82	0.12	0.8	-0.14	-0.91	0.64	0.78	0.24	-0.85	0.88	0.7	0.86		0.81	0.7	0.48	-0.86	0.25	0.64	-0.24	0.55	0.41	0.38	-0.1	0.68
Other Assets	0.94	0.45	-0.4	0.37	0.21	-0.83	0.77	0.74	-0.13	-0.87	0.87	0.71	0.87	0.81		0.71	0.48	-0.59	-0.03	0.86	-0.27	0.58	0.59	0.04	0.2	0.79
Cash And Short Term Investments	0.72	0.3	-0.21	0.42	0.34	-0.46	0.2	0.54	-0.46	-0.55	0.64	1.0	0.45	0.7	0.71		0.79	-0.28	-0.24	0.3	-0.64	0.83	0.33	-0.15	0.36	0.24
Net Receivables	0.44	-0.04	0.14	0.08	-0.11	-0.14	-0.04	0.01	-0.6	-0.11	0.25	0.79	0.19	0.48	0.48	0.79		0.01	0.21	-0.03	-0.97	0.35	-0.26	0.22	-0.12	-0.02
Common Stock Shares Outstanding	-0.75	-0.96	-0.19	-0.87	0.25	0.93	-0.69	-0.81	-0.67	0.84	-0.76	-0.28	-0.83	-0.86	-0.59	-0.28	0.01		-0.3	-0.7	-0.25	-0.27	-0.5	-0.45	0.19	-0.72
Non Current Liabilities Total	0.07	0.23	0.79	0.12	-0.98	-0.15	0.17	-0.29	0.42	0.12	-0.03	-0.24	0.22	0.25	-0.03	-0.24	0.21	-0.3		-0.05	-0.2	-0.57	-0.63	0.98	-0.99	0.17
Capital Lease Obligations	0.81	0.53	-0.48	0.36	0.2	-0.88	0.94	0.79	0.24	-0.9	0.84	0.3	0.9	0.64	0.86	0.3	-0.03	-0.7	-0.05		0.25	0.38	0.76	0.02	0.18	0.94
Inventory	-0.2	0.27	-0.17	0.14	0.13	-0.12	0.24	0.24	0.71	-0.14	-0.01	-0.64	0.05	-0.24	-0.27	-0.64	-0.97	-0.25	-0.2	0.25		-0.2	0.45	-0.17	0.14	0.22
Other Current Assets	0.66	0.35	-0.47	0.45	0.62	-0.44	0.31	0.68	-0.29	-0.63	0.71	0.83	0.45	0.55	0.58	0.83	0.35	-0.27	-0.57	0.38	-0.2		0.64	-0.46	0.66	0.34
Other Stockholder Equity	0.57	0.46	-0.71	0.41	0.69	-0.64	0.58	0.87	0.13	-0.81	0.68	0.33	0.57	0.41	0.59	0.33	-0.26	-0.5	-0.63	0.76	0.45	0.64		-0.53	0.71	0.59
Total Liab	0.18	0.39	0.82	0.3	-0.97	-0.28	0.23	-0.14	0.51	-0.01	0.09	-0.15	0.31	0.38	0.04	-0.15	0.22	-0.45	0.98	0.02	-0.17	-0.46	-0.53		-0.96	0.23
Net Invested Capital	0.09	-0.15	-0.84	-0.05	0.99	0.0	-0.04	0.4	-0.44	-0.26	0.18	0.36	-0.07	-0.1	0.2	0.36	-0.12	0.19	-0.99	0.18	0.14	0.66	0.71	-0.96		-0.04
Property Plant And Equipment Gross	0.83	0.58	-0.28	0.39	-0.02	-0.86	1.0	0.69	0.35	-0.85	0.87	0.24	0.96	0.68	0.79	0.24	-0.02	-0.72	0.17	0.94	0.22	0.34	0.59	0.23	-0.04

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Elicio Net Debt vs Common Stock Shares Outstanding Analysis

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Debt

Common Stock Shares Outstanding

Elicio Therapeutics fundamental ratios Correlations

Elicio Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Net Invested Capital	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Liabilities Total
Accounts Payable	+ 0.97	Total Assets
Total Current Liabilities	+ 0.96	Short Long Term Debt Total

Net Invested Capital	- 0.99	Non Current Liabilities Total
Non Current Liabilities Total	- 0.98	Total Stockholder Equity
Inventory	- 0.97	Net Receivables
Total Liab	- 0.97	Total Stockholder Equity
Net Invested Capital	- 0.96	Total Liab
Retained Earnings	- 0.96	Current Deferred Revenue