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 (ELEV) - Total Assets

Latest total assets as of March 2025: $82.22 Million USD

Based on the latest financial reports, Elevation Oncology Inc (ELEV) holds total assets worth $82.22 Million USD as of March 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Elevation Oncology Inc - Total Assets Trend (2019–2024)

This chart illustrates how Elevation Oncology Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Elevation Oncology Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Elevation Oncology Inc's total assets of $82.22 Million consist of 99.1% current assets and 0.9% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 51.7%
Accounts Receivable $0.00 0.0%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how Elevation Oncology Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Elevation Oncology Inc's current assets represent 99.1% of total assets in 2024, a decrease from 100.0% in 2019.
  • Cash Position: Cash and equivalents constituted 51.7% of total assets in 2024, down from 90.9% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Elevation Oncology Inc Competitors by Total Assets

Key competitors of Elevation Oncology Inc based on total assets are shown below.

Company Country Total Assets
MedPacto Inc
KQ:235980
Korea ₩51.58 Billion
2H0
F:2H0
Germany €15.27 Million
Shenzhen CAU Technology Co Ltd
SHE:000004
China CN¥260.55 Million
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
China CN¥9.58 Billion
Nanhua Bio Medicine Co Ltd
SHE:000504
China CN¥841.96 Million
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
China CN¥509.14 Million
Chengzhi Shareholding Co Ltd
SHE:000990
China CN¥27.52 Billion
Hualan Biological EngineeringInc
SHE:002007
China CN¥16.27 Billion

Elevation Oncology Inc - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 0.00

Lower asset utilization - Elevation Oncology Inc generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -100.98% - -21.34%

Negative ROA - Elevation Oncology Inc is currently not profitable relative to its asset base.

Elevation Oncology Inc - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 19.40 46.22 11.91
Quick Ratio 19.40 46.22 11.91
Cash Ratio 0.00 0.00 0.00
Working Capital $77.96 Million $ 105.55 Million $ 74.00 Million

Elevation Oncology Inc - Advanced Valuation Insights

This section examines the relationship between Elevation Oncology Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.46
Latest Market Cap to Assets Ratio 0.17
Asset Growth Rate (YoY) 7.3%
Total Assets $95.63 Million
Market Capitalization $15.88 Million USD

Valuation Analysis

Below Book Valuation: The market values Elevation Oncology Inc's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Elevation Oncology Inc's assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Elevation Oncology Inc (2019–2024)

The table below shows the annual total assets of Elevation Oncology Inc from 2019 to 2024.

Year Total Assets Change
2024-12-31 $95.63 Million +7.34%
2023-12-31 $89.09 Million -5.38%
2022-12-31 $94.16 Million -37.01%
2021-12-31 $149.49 Million +84.77%
2020-12-31 $80.91 Million +4127.12%
2019-12-31 $1.91 Million --