Erasca Historical Income Statement

ERAS Stock  USD 2.86  0.13  4.35%   
Historical analysis of Erasca income statement accounts such as Depreciation And Amortization of 3.9 M or Interest Expense of 243.1 M can show how well Erasca Inc performed in making a profits. Evaluating Erasca income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Erasca's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Erasca Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Erasca Inc is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erasca Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Erasca Income Statement Analysis

Erasca Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Erasca shareholders. The income statement also shows Erasca investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Erasca Income Statement Chart

At this time, Erasca's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 16.1 M in 2024, despite the fact that Gross Profit is likely to grow to (3.5 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Erasca Inc. It is also known as Erasca overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Erasca Inc income statement and represents the costs associated with goods and services Erasca provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Erasca Inc financial statement analysis. It represents the amount of money remaining after all of Erasca Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Erasca's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Erasca Inc current financial condition. On the other hand, looking into the entire matrix of income statement 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 Erasca Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Erasca's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 16.1 M in 2024, despite the fact that Gross Profit is likely to grow to (3.5 M).
 2021 2022 2023 2024 (projected)
Interest Income190K4.9M15.4M16.1M
Net Interest Income190K4.9M15.4M16.1M

Erasca income statement Correlations

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-0.93-0.93-0.84-0.550.81-0.520.470.650.83-0.510.83-0.84-0.51-0.840.39-0.240.330.17-0.560.73
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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.