Erasca Inc Stock Fundamentals
| ERAS Stock | USD 2.91 0.11 3.93% |
Erasca Inc fundamentals help investors to digest information that contributes to Erasca's financial success or failures. It also enables traders to predict the movement of Erasca Stock. The fundamental analysis module provides a way to measure Erasca's 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 Erasca stock.
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). Erasca | Select Account or Indicator |
Erasca Inc Company Shares Outstanding Analysis
Erasca's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Erasca Shares Outstanding | 282.5 M |
Most of Erasca's fundamental indicators, such as Shares Outstanding, 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, Erasca Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Erasca Shares Outstanding Historical Pattern
Today, most investors in Erasca Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Erasca's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Erasca shares outstanding as a starting point in their analysis.
Erasca Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Erasca Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Erasca Inc has 282.5 M of shares currently outstending. This is 56.48% higher than that of the Biotechnology sector and 164.38% higher than that of the Health Care industry. The shares outstanding for all United States stocks is 50.6% higher than that of the company.
Erasca Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Erasca's current stock value. Our valuation model uses many indicators to compare Erasca value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erasca competition to find correlations between indicators driving Erasca's intrinsic value. More Info.Erasca Inc is rated # 4 in return on equity category among its peers. It also is rated # 4 in return on asset category among its peers . At this time, Erasca's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Erasca by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Erasca Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erasca's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Erasca could also be used in its relative valuation, which is a method of valuing Erasca by comparing valuation metrics of similar companies.Erasca is currently under evaluation in shares outstanding category among its peers.
Erasca 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, Erasca's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Erasca's managers, analysts, and investors.Environmental | Governance | Social |
Erasca Fundamentals
| Return On Equity | -0.39 | ||||
| Return On Asset | -0.19 | ||||
| Current Valuation | 436.57 M | ||||
| Shares Outstanding | 282.5 M | ||||
| Shares Owned By Insiders | 12.39 % | ||||
| Shares Owned By Institutions | 77.05 % | ||||
| Number Of Shares Shorted | 33.71 M | ||||
| Price To Book | 1.75 X | ||||
| EBITDA | (137.79 M) | ||||
| Net Income | (125.04 M) | ||||
| Cash And Equivalents | 371.48 M | ||||
| Cash Per Share | 3.04 X | ||||
| Total Debt | 55.86 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 17.09 X | ||||
| Book Value Per Share | 1.65 X | ||||
| Cash Flow From Operations | (101.22 M) | ||||
| Short Ratio | 12.22 X | ||||
| Earnings Per Share | (0.93) X | ||||
| Price To Earnings To Growth | 0.37 X | ||||
| Target Price | 4.57 | ||||
| Number Of Employees | 126 | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 791.01 M | ||||
| Total Asset | 395.3 M | ||||
| Retained Earnings | (606.01 M) | ||||
| Working Capital | 294.52 M | ||||
| Net Asset | 395.3 M |
About Erasca Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Erasca Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erasca using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erasca Inc 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 21.3 M | 15.4 M | |
| Cost Of Revenue | 3.7 M | 3.9 M |
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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.