Elicio Therapeutics Stock Working Capital

ELTX Stock   5.01  0.04  0.79%   
Elicio Therapeutics fundamentals help investors to digest information that contributes to Elicio Therapeutics' financial success or failures. It also enables traders to predict the movement of Elicio Stock. The fundamental analysis module provides a way to measure Elicio Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elicio Therapeutics stock.
Last ReportedProjected for Next Year
Net Working Capital6.6 M6.9 M
Change In Working Capital-57 K-54.1 K
Net Working Capital is likely to rise to about 6.9 M in 2024, despite the fact that Change In Working Capital is likely to grow to (54.1 K).
  
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Elicio Therapeutics Company Working Capital Analysis

Elicio Therapeutics' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Elicio Therapeutics Working Capital

    
  6.58 M  
Most of Elicio Therapeutics' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elicio Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Elicio Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Elicio Therapeutics is extremely important. It helps to project a fair market value of Elicio Stock properly, considering its historical fundamentals such as Working Capital. Since Elicio Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elicio Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elicio Therapeutics' interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Elicio Capital Lease Obligations

Capital Lease Obligations

7.26 Million

At this time, Elicio Therapeutics' Capital Lease Obligations is fairly stable compared to the past year.
According to the company's disclosures, Elicio Therapeutics has a Working Capital of 6.58 M. This is 98.45% lower than that of the Pharmaceuticals sector and 98.78% lower than that of the Health Care industry. The working capital for all United States stocks is 99.55% higher than that of the company.

Elicio Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elicio Therapeutics' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elicio Therapeutics could also be used in its relative valuation, which is a method of valuing Elicio Therapeutics by comparing valuation metrics of similar companies.
Elicio Therapeutics is currently under evaluation in working capital category among its peers.

Elicio Therapeutics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Elicio Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Elicio Therapeutics' managers, analysts, and investors.
Environmental
Governance
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Elicio Fundamentals

About Elicio Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elicio Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elicio Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elicio Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Elicio Stock Analysis

When running Elicio Therapeutics' price analysis, check to measure Elicio Therapeutics' 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 Elicio Therapeutics is operating at the current time. Most of Elicio Therapeutics' value examination focuses on studying past and present price action to predict the probability of Elicio Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elicio Therapeutics' price. Additionally, you may evaluate how the addition of Elicio Therapeutics to your portfolios can decrease your overall portfolio volatility.