Erasca Other Non Cash Items vs Stock Based Compensation Analysis

ERAS Stock

USD 2.94 0.07 2.44%

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 Other Non Cash Items and its Stock Based Compensation 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.

Other Non Cash Items vs Stock Based Compensation

Other Non Cash Items vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Erasca Inc Other Non Cash Items account and Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.

The correlation between Erasca's Other Non Cash Items and Stock Based Compensation is 0.2. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Stock Based Compensation 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 Other Non Cash Items and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Erasca Inc are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Other Non Cash Items i.e., Erasca's Other Non Cash Items and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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Other Non Cash Items

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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 expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Interest Income	190K	4.9M	15.4M	16.1M
Net Interest Income	190K	4.9M	15.4M	16.1M

Interest Income Net Interest Income

Erasca 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	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.86	0.8	0.95	-0.2	0.94	0.93	-0.79	-0.86	0.65	0.93	0.98	0.97	0.65	1.0	0.94	0.53	0.79	-0.27	0.86	0.95	0.31	0.02	0.97	0.92	1.0
Short Long Term Debt Total	0.86		0.98	0.9	0.0	0.87	0.99	-0.43	-0.93	0.66	0.63	0.87	0.96	0.24	0.83	0.96	0.74	0.96	-0.26	1.0	0.97	0.6	0.02	0.84	0.99	0.86
Other Current Liab	0.8	0.98		0.9	-0.06	0.78	0.96	-0.37	-0.9	0.72	0.56	0.79	0.91	0.1	0.76	0.9	0.69	0.95	-0.14	0.98	0.94	0.58	0.13	0.75	0.96	0.8
Total Current Liabilities	0.95	0.9	0.9		-0.3	0.85	0.94	-0.7	-0.87	0.79	0.85	0.9	0.95	0.43	0.94	0.9	0.48	0.82	-0.11	0.9	0.95	0.33	0.19	0.88	0.93	0.96
Total Stockholder Equity	-0.2	0.0	-0.06	-0.3		0.1	-0.07	0.64	-0.21	-0.69	-0.41	-0.08	-0.1	-0.27	-0.23	-0.04	0.66	0.18	-0.03	0.0	-0.08	0.75	-0.14	-0.19	-0.04	-0.22
Net Tangible Assets	0.94	0.87	0.78	0.85	0.1		0.92	-0.6	-0.92	0.48	0.82	0.96	0.94	0.58	0.93	0.92	0.7	0.81	-0.44	0.87	0.93	0.55	-0.18	0.95	0.91	0.93
Property Plant And Equipment Net	0.93	0.99	0.96	0.94	-0.07	0.92		-0.56	-0.93	0.68	0.74	0.93	0.99	0.37	0.9	0.98	0.69	0.93	-0.29	0.99	1.0	0.53	0.0	0.91	1.0	0.92
Net Debt	-0.79	-0.43	-0.37	-0.7	0.64	-0.6	-0.56		0.38	-0.61	-0.93	-0.74	-0.65	-0.86	-0.82	-0.6	0.07	-0.29	0.27	-0.43	-0.6	0.33	0.04	-0.79	-0.54	-0.8
Retained Earnings	-0.86	-0.93	-0.9	-0.87	-0.21	-0.92	-0.93	0.38		-0.47	-0.64	-0.87	-0.93	-0.28	-0.84	-0.91	-0.84	-0.94	0.14	-0.93	-0.94	-0.73	-0.11	-0.8	-0.94	-0.86
Accounts Payable	0.65	0.66	0.72	0.79	-0.69	0.48	0.68	-0.61	-0.47		0.64	0.55	0.65	0.16	0.64	0.59	0.01	0.48	-0.19	0.66	0.66	-0.04	0.07	0.62	0.66	0.66
Cash	0.93	0.63	0.56	0.85	-0.41	0.82	0.74	-0.93	-0.64	0.64		0.88	0.82	0.81	0.95	0.75	0.21	0.5	-0.29	0.63	0.78	0.01	-0.02	0.91	0.72	0.93
Non Current Assets Total	0.98	0.87	0.79	0.9	-0.08	0.96	0.93	-0.74	-0.87	0.55	0.88		0.97	0.67	0.98	0.96	0.62	0.82	-0.36	0.87	0.96	0.38	-0.09	0.98	0.93	0.98
Non Currrent Assets Other	0.97	0.96	0.91	0.95	-0.1	0.94	0.99	-0.65	-0.93	0.65	0.82	0.97		0.49	0.95	0.99	0.66	0.9	-0.27	0.96	1.0	0.46	0.02	0.94	0.99	0.97
Other Assets	0.65	0.24	0.1	0.43	-0.27	0.58	0.37	-0.86	-0.28	0.16	0.81	0.67	0.49		0.7	0.49	0.04	0.16	-0.37	0.24	0.43	-0.25	-0.23	0.7	0.36	0.65
Cash And Short Term Investments	1.0	0.83	0.76	0.94	-0.23	0.93	0.9	-0.82	-0.84	0.64	0.95	0.98	0.95	0.7		0.91	0.48	0.75	-0.26	0.83	0.93	0.26	0.03	0.96	0.89	1.0
Common Stock Total Equity	0.94	0.96	0.9	0.9	-0.04	0.92	0.98	-0.6	-0.91	0.59	0.75	0.96	0.99	0.49	0.91		0.71	0.92	-0.32	0.96	0.99	0.48	-0.05	0.93	0.98	0.93
Common Stock Shares Outstanding	0.53	0.74	0.69	0.48	0.66	0.7	0.69	0.07	-0.84	0.01	0.21	0.62	0.66	0.04	0.48	0.71		0.85	-0.14	0.74	0.68	0.92	0.0	0.5	0.72	0.51
Short Term Investments	0.79	0.96	0.95	0.82	0.18	0.81	0.93	-0.29	-0.94	0.48	0.5	0.82	0.9	0.16	0.75	0.92	0.85		-0.09	0.96	0.92	0.7	0.16	0.73	0.94	0.78
Non Current Liabilities Total	-0.27	-0.26	-0.14	-0.11	-0.03	-0.44	-0.29	0.27	0.14	-0.19	-0.29	-0.36	-0.27	-0.37	-0.26	-0.32	-0.14	-0.09		-0.26	-0.27	-0.11	0.95	-0.5	-0.29	-0.25
Capital Lease Obligations	0.86	1.0	0.98	0.9	0.0	0.87	0.99	-0.43	-0.93	0.66	0.63	0.87	0.96	0.24	0.83	0.96	0.74	0.96	-0.26		0.97	0.6	0.02	0.84	0.99	0.86
Other Current Assets	0.95	0.97	0.94	0.95	-0.08	0.93	1.0	-0.6	-0.94	0.66	0.78	0.96	1.0	0.43	0.93	0.99	0.68	0.92	-0.27	0.97		0.5	0.03	0.92	0.99	0.95
Other Stockholder Equity	0.31	0.6	0.58	0.33	0.75	0.55	0.53	0.33	-0.73	-0.04	0.01	0.38	0.46	-0.25	0.26	0.48	0.92	0.7	-0.11	0.6	0.5		-0.03	0.29	0.55	0.3
Total Liab	0.02	0.02	0.13	0.19	-0.14	-0.18	0.0	0.04	-0.11	0.07	-0.02	-0.09	0.02	-0.23	0.03	-0.05	0.0	0.16	0.95	0.02	0.03	-0.03		-0.23	0.0	0.05
Net Invested Capital	0.97	0.84	0.75	0.88	-0.19	0.95	0.91	-0.79	-0.8	0.62	0.91	0.98	0.94	0.7	0.96	0.93	0.5	0.73	-0.5	0.84	0.92	0.29	-0.23		0.9	0.96
Property Plant And Equipment Gross	0.92	0.99	0.96	0.93	-0.04	0.91	1.0	-0.54	-0.94	0.66	0.72	0.93	0.99	0.36	0.89	0.98	0.72	0.94	-0.29	0.99	0.99	0.55	0.0	0.9		0.92
Total Current Assets	1.0	0.86	0.8	0.96	-0.22	0.93	0.92	-0.8	-0.86	0.66	0.93	0.98	0.97	0.65	1.0	0.93	0.51	0.78	-0.25	0.86	0.95	0.3	0.05	0.96	0.92

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Erasca Other Non Cash Items vs Stock Based Compensation Analysis

Other Non Cash Items vs Stock Based Compensation

Other Non Cash Items vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Other Non Cash Items

Stock Based Compensation

Erasca fundamental ratios Correlations

Erasca Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for Erasca Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Other Current Assets	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Other Current Assets	+ 1.0	Non Currrent Assets Other

Property Plant And Equipment Gross	- 0.94	Retained Earnings
Other Current Assets	- 0.94	Retained Earnings
Short Term Investments	- 0.94	Retained Earnings
Capital Lease Obligations	- 0.93	Retained Earnings
Non Currrent Assets Other	- 0.93	Retained Earnings
Cash	- 0.93	Net Debt