Elevation Oncology Inc

NASDAQ:ELEV USA Biotechnology
Market Cap
$21.63 Million
Market Cap Rank
#26528 Global
#8970 in USA
Share Price
$0.37
Change (1 day)
-2.12%
52-Week Range
$0.23 - $0.48
All Time High
$16.11
About

Elevation Oncology, Inc., an oncology company, focuses on the discovery and development of cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs. It's lead candidate is EO-3021, an antibody-drug conjugate (ADC) comprised of a fully human anti-Claudin 18.2 immunoglobulin G1 monoclonal antibody (mAb) site-specifically conjugated with a cleavable link… Read more

Elevation Oncology Inc - Asset Resilience Ratio

Latest as of March 2025: 24.52%

Elevation Oncology Inc (ELEV) has an Asset Resilience Ratio of 24.52% as of March 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$20.16 Million
Cash + Short-term Investments
Total Assets
$82.22 Million
All company assets
Resilience Assessment
Good
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2024)

This chart shows how Elevation Oncology Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Elevation Oncology Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $20.16 Million 24.52%
Total Liquid Assets $20.16 Million 24.52%

Asset Resilience Insights

  • Good Liquidity Position: Elevation Oncology Inc maintains a healthy 24.52% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Elevation Oncology Inc Industry Peers by Asset Resilience Ratio

Compare Elevation Oncology Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
MedPacto Inc
KQ:235980
Biotechnology 49.82%
Shenzhen CAU Technology Co Ltd
SHE:000004
Biotechnology 6.20%
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
Biotechnology 6.88%
Nanhua Bio Medicine Co Ltd
SHE:000504
Biotechnology 11.93%
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
Biotechnology 0.03%
Chengzhi Shareholding Co Ltd
SHE:000990
Biotechnology 6.73%
Hualan Biological EngineeringInc
SHE:002007
Biotechnology 14.68%
Da An Gene Co Ltd of Sun Yat-Sen University
SHE:002030
Biotechnology 4.35%

Annual Asset Resilience Ratio for Elevation Oncology Inc (2021–2024)

The table below shows the annual Asset Resilience Ratio data for Elevation Oncology Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 45.72% $43.72 Million $95.63 Million +7.72pp
2023-12-31 38.00% $33.85 Million $89.09 Million -9.12pp
2022-12-31 47.11% $44.36 Million $94.16 Million --
2021-12-31 0.00% $0.00 $149.49 Million --
pp = percentage points