Elicio Non Current Liabilities Total vs Cash 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 Non Current Liabilities Total and its Cash 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.

Non Current Liabilities Total vs Cash

Non Current Liabilities Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elicio Therapeutics Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Elicio Therapeutics' Non Current Liabilities Total and Cash is -0.24. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash 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' Non Current Liabilities Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Elicio Therapeutics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., Elicio Therapeutics' Non Current Liabilities Total and Cash go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Cash

Cash refers to the most liquid asset of Elicio Therapeutics, which is listed under current asset account on Elicio Therapeutics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Elicio Therapeutics customers. The amounts must be unrestricted with restricted cash listed in a different Elicio Therapeutics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Amortization801K1.1M382K654.8K
Interest Income3.4K64.8K373K391.7K

Elicio Therapeutics fundamental ratios Correlations

0.66-0.20.60.08-0.910.810.810.08-0.920.970.720.940.930.940.720.44-0.750.070.81-0.20.660.570.180.090.83
0.660.280.96-0.22-0.840.540.80.7-0.770.710.30.720.820.450.3-0.04-0.960.230.530.270.350.460.39-0.150.58
-0.20.280.32-0.890.1-0.3-0.340.460.34-0.27-0.21-0.150.12-0.4-0.210.14-0.190.79-0.48-0.17-0.47-0.710.82-0.84-0.28
0.60.960.32-0.14-0.740.340.760.58-0.680.630.420.580.80.370.420.08-0.870.120.360.140.450.410.3-0.050.39
0.08-0.22-0.89-0.140.03-0.020.36-0.49-0.240.160.34-0.07-0.140.210.34-0.110.25-0.980.20.130.620.69-0.970.99-0.02
-0.91-0.840.1-0.740.03-0.83-0.89-0.420.96-0.91-0.46-0.95-0.91-0.83-0.46-0.140.93-0.15-0.88-0.12-0.44-0.64-0.280.0-0.86
0.810.54-0.30.34-0.02-0.830.660.34-0.820.850.20.940.640.770.2-0.04-0.690.170.940.240.310.580.23-0.041.0
0.810.8-0.340.760.36-0.890.660.31-0.960.860.540.780.780.740.540.01-0.81-0.290.790.240.680.87-0.140.40.69
0.080.70.460.58-0.49-0.420.340.31-0.270.18-0.460.330.24-0.13-0.46-0.6-0.670.420.240.71-0.290.130.51-0.440.35
-0.92-0.770.34-0.68-0.240.96-0.82-0.96-0.27-0.95-0.55-0.92-0.85-0.87-0.55-0.110.840.12-0.9-0.14-0.63-0.81-0.01-0.26-0.85
0.970.71-0.270.630.16-0.910.850.860.18-0.950.640.950.880.870.640.25-0.76-0.030.84-0.010.710.680.090.180.87
0.720.3-0.210.420.34-0.460.20.54-0.46-0.550.640.450.70.711.00.79-0.28-0.240.3-0.640.830.33-0.150.360.24
0.940.72-0.150.58-0.07-0.950.940.780.33-0.920.950.450.860.870.450.19-0.830.220.90.050.450.570.31-0.070.96
0.930.820.120.8-0.14-0.910.640.780.24-0.850.880.70.860.810.70.48-0.860.250.64-0.240.550.410.38-0.10.68
0.940.45-0.40.370.21-0.830.770.74-0.13-0.870.870.710.870.810.710.48-0.59-0.030.86-0.270.580.590.040.20.79
0.720.3-0.210.420.34-0.460.20.54-0.46-0.550.641.00.450.70.710.79-0.28-0.240.3-0.640.830.33-0.150.360.24
0.44-0.040.140.08-0.11-0.14-0.040.01-0.6-0.110.250.790.190.480.480.790.010.21-0.03-0.970.35-0.260.22-0.12-0.02
-0.75-0.96-0.19-0.870.250.93-0.69-0.81-0.670.84-0.76-0.28-0.83-0.86-0.59-0.280.01-0.3-0.7-0.25-0.27-0.5-0.450.19-0.72
0.070.230.790.12-0.98-0.150.17-0.290.420.12-0.03-0.240.220.25-0.03-0.240.21-0.3-0.05-0.2-0.57-0.630.98-0.990.17
0.810.53-0.480.360.2-0.880.940.790.24-0.90.840.30.90.640.860.3-0.03-0.7-0.050.250.380.760.020.180.94
-0.20.27-0.170.140.13-0.120.240.240.71-0.14-0.01-0.640.05-0.24-0.27-0.64-0.97-0.25-0.20.25-0.20.45-0.170.140.22
0.660.35-0.470.450.62-0.440.310.68-0.29-0.630.710.830.450.550.580.830.35-0.27-0.570.38-0.20.64-0.460.660.34
0.570.46-0.710.410.69-0.640.580.870.13-0.810.680.330.570.410.590.33-0.26-0.5-0.630.760.450.64-0.530.710.59
0.180.390.820.3-0.97-0.280.23-0.140.51-0.010.09-0.150.310.380.04-0.150.22-0.450.980.02-0.17-0.46-0.53-0.960.23
0.09-0.15-0.84-0.050.990.0-0.040.4-0.44-0.260.180.36-0.07-0.10.20.36-0.120.19-0.990.180.140.660.71-0.96-0.04
0.830.58-0.280.39-0.02-0.861.00.690.35-0.850.870.240.960.680.790.24-0.02-0.720.170.940.220.340.590.23-0.04
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Elicio Therapeutics Account Relationship Matchups

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