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. Check ELEV PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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. See Elevation Oncology Inc (ELEV) net asset quality to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see Elevation Oncology Inc market capitalisation.

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
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
Biotechnology 0.00%
Cyclacel Pharmaceuticals Inc
NASDAQ:CYCC
Biotechnology -55.36%
Krystal Biotech Inc
NASDAQ:KRYS
Biotechnology 23.06%
Verona Pharma PLC ADR
NASDAQ:VRNA
Biotechnology 0.00%
Centessa Pharmaceuticals PLC ADR
NASDAQ:CNTA
Biotechnology 33.37%
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
Biotechnology 8.08%
Hebei Changshan Biochem Pharma
SHE:300255
Biotechnology -0.03%
BB Biotech AG
SW:BION
Biotechnology 0.05%

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

About Elevation Oncology Inc

NASDAQ:ELEV USA Biotechnology
Market Cap
$21.63 Million
Market Cap Rank
#24879 Global
#5238 in USA
Share Price
$0.37
Change (1 day)
-2.12%
52-Week Range
$0.36 - $0.39
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