Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Elutia Inc. (ELUT) had Return on Tangible Equity of 99.26% for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$24.38M
Net Income	$-53.95M
Cost of Goods Sold	$13.67M
Gross Profit	$10.71M
Operating Expenses	$60.03M
Operating Income	$-35.65M
Non-Operating Income/Expense	$-18.47M
Pre-Tax Income	$-54.12M
Normalized Pre-Tax Income	$-54.12M
Income after Taxes	$-54.13M
Income from Continuous Operations	$-54.13M
Consolidated Net Income/Loss	$-53.95M
Normalized Income after Taxes	$-54.13M
EBIT	$-35.65M
EBITDA	$-31.98M
Weighted-Average Shares Outstanding (Basic)	29.07M
Weighted-Average Shares Outstanding (Diluted)	29.07M
Earnings per Share (EPS) (Basic)	$-1.86
Earnings per Share (EPS) (Diluted)	$-1.86
Balance Sheet Financials
Current Assets	$26.17M
Property, Plant, and Equipment	$0.77M
Long-Term Assets	$9.96M
Total Assets	$36.13M
Current Liabilities	$37.80M
Long-Term Debt	$22.60M
Long-Term Liabilities	$44.59M
Total Liabilities	$82.39M
Common Equity	$-46.26M
Tangible Shareholders Equity	$-54.53M
Shareholders Equity	$-46.26M
Common Shares Outstanding	35.21M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-22.66M
Cash Flow from Investing Activities	$-0.47M
Cash Flow from Financial Activities	$17.09M
Beginning Cash	$19.28M
End Cash	$13.24M
Increase/Decrease in Cash	$-6.04M
Stock-Based Compensation	$7.89M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.69
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	-0.96
Debt to Equity Ratio	-0.52
Gross Margin	43.93%
Operating Margin	-146.26%
EBIT Margin	-146.26%
EBITDA Margin	-131.22%
Pre-Tax Profit Margin	-222.04%
Profit Margin	-221.33%
Free Cash Flow	$-23.31M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.67
Inventory Turnover	3.49
Receiveable Turnover	3.46
Days Sales in Receivables	105.36
Return on Equity	117.01%
Return on Tangible Equity	99.26%
Return on Assets	-149.83%
Return on Investments	228.81%
Book Value Per Share	$-1.31
Free Cash Flow per Share	$-0.80
Operating Cash Flow per Share	$-0.78

Data from Zacks Investment Research, Inc.