Erasca Earnings Yield vs Ev To Operating Cash Flow Analysis

ERAS Stock  USD 2.89  0.07  2.48%   
Erasca financial indicator trend analysis is much more than just examining Erasca Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Erasca Inc is a good investment. Please check the relationship between Erasca Earnings Yield and its Ev To Operating Cash Flow accounts. 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.

Earnings Yield vs Ev To Operating Cash Flow

Earnings Yield vs Ev To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Erasca Inc Earnings Yield account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Erasca's Earnings Yield and Ev To Operating Cash Flow is -0.87. Overlapping area represents the amount of variation of Earnings Yield that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of Erasca Inc, assuming nothing else is changed. The correlation between historical values of Erasca's Earnings Yield and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earnings Yield of Erasca Inc are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Earnings Yield i.e., Erasca's Earnings Yield and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Earnings Yield

The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Most indicators from Erasca's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.
Selling General Administrative is likely to drop to about 23.1 M in 2024. Issuance Of Capital Stock is likely to drop to 0.00 in 2024
 2021 2022 2023 2024 (projected)
Interest Income190K4.9M15.4M16.1M
Net Interest Income190K4.9M15.4M16.1M

Erasca fundamental ratios Correlations

0.860.80.95-0.20.940.93-0.79-0.860.650.930.980.970.651.00.940.530.79-0.270.860.950.310.020.970.921.0
0.860.980.90.00.870.99-0.43-0.930.660.630.870.960.240.830.960.740.96-0.261.00.970.60.020.840.990.86
0.80.980.9-0.060.780.96-0.37-0.90.720.560.790.910.10.760.90.690.95-0.140.980.940.580.130.750.960.8
0.950.90.9-0.30.850.94-0.7-0.870.790.850.90.950.430.940.90.480.82-0.110.90.950.330.190.880.930.96
-0.20.0-0.06-0.30.1-0.070.64-0.21-0.69-0.41-0.08-0.1-0.27-0.23-0.040.660.18-0.030.0-0.080.75-0.14-0.19-0.04-0.22
0.940.870.780.850.10.92-0.6-0.920.480.820.960.940.580.930.920.70.81-0.440.870.930.55-0.180.950.910.93
0.930.990.960.94-0.070.92-0.56-0.930.680.740.930.990.370.90.980.690.93-0.290.991.00.530.00.911.00.92
-0.79-0.43-0.37-0.70.64-0.6-0.560.38-0.61-0.93-0.74-0.65-0.86-0.82-0.60.07-0.290.27-0.43-0.60.330.04-0.79-0.54-0.8
-0.86-0.93-0.9-0.87-0.21-0.92-0.930.38-0.47-0.64-0.87-0.93-0.28-0.84-0.91-0.84-0.940.14-0.93-0.94-0.73-0.11-0.8-0.94-0.86
0.650.660.720.79-0.690.480.68-0.61-0.470.640.550.650.160.640.590.010.48-0.190.660.66-0.040.070.620.660.66
0.930.630.560.85-0.410.820.74-0.93-0.640.640.880.820.810.950.750.210.5-0.290.630.780.01-0.020.910.720.93
0.980.870.790.9-0.080.960.93-0.74-0.870.550.880.970.670.980.960.620.82-0.360.870.960.38-0.090.980.930.98
0.970.960.910.95-0.10.940.99-0.65-0.930.650.820.970.490.950.990.660.9-0.270.961.00.460.020.940.990.97
0.650.240.10.43-0.270.580.37-0.86-0.280.160.810.670.490.70.490.040.16-0.370.240.43-0.25-0.230.70.360.65
1.00.830.760.94-0.230.930.9-0.82-0.840.640.950.980.950.70.910.480.75-0.260.830.930.260.030.960.891.0
0.940.960.90.9-0.040.920.98-0.6-0.910.590.750.960.990.490.910.710.92-0.320.960.990.48-0.050.930.980.93
0.530.740.690.480.660.70.690.07-0.840.010.210.620.660.040.480.710.85-0.140.740.680.920.00.50.720.51
0.790.960.950.820.180.810.93-0.29-0.940.480.50.820.90.160.750.920.85-0.090.960.920.70.160.730.940.78
-0.27-0.26-0.14-0.11-0.03-0.44-0.290.270.14-0.19-0.29-0.36-0.27-0.37-0.26-0.32-0.14-0.09-0.26-0.27-0.110.95-0.5-0.29-0.25
0.861.00.980.90.00.870.99-0.43-0.930.660.630.870.960.240.830.960.740.96-0.260.970.60.020.840.990.86
0.950.970.940.95-0.080.931.0-0.6-0.940.660.780.961.00.430.930.990.680.92-0.270.970.50.030.920.990.95
0.310.60.580.330.750.550.530.33-0.73-0.040.010.380.46-0.250.260.480.920.7-0.110.60.5-0.030.290.550.3
0.020.020.130.19-0.14-0.180.00.04-0.110.07-0.02-0.090.02-0.230.03-0.050.00.160.950.020.03-0.03-0.230.00.05
0.970.840.750.88-0.190.950.91-0.79-0.80.620.910.980.940.70.960.930.50.73-0.50.840.920.29-0.230.90.96
0.920.990.960.93-0.040.911.0-0.54-0.940.660.720.930.990.360.890.980.720.94-0.290.990.990.550.00.90.92
1.00.860.80.96-0.220.930.92-0.8-0.860.660.930.980.970.651.00.930.510.78-0.250.860.950.30.050.960.92
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Erasca Account Relationship Matchups

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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.