Balance Sheet Breakdown: Elevai Labs Inc (ELAB)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $1.97 in the prior trading day, Elevai Labs Inc (NASDAQ: ELAB) closed at $2.15, up 9.14%. In other words, the price has increased by $9.14 from its previous closing price. On the day, 1.4 million shares were traded. ELAB stock price reached its highest trading level at $2.21 during the session, while it also had its lowest trading level at $2.0001.

Ratios:

Our goal is to gain a better understanding of ELAB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.40 and its Current Ratio is at 3.86. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELAB now has a Market Capitalization of 6606649 and an Enterprise Value of 569062. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 0.06. Its current Enterprise Value per Revenue stands at 0.23 whereas that against EBITDA is -0.119.

Stock Price History:

Over the past 52 weeks, ELAB has reached a high of $778.00, while it has fallen to a 52-week low of $1.74. The 50-Day Moving Average of the stock is -74.66%, while the 200-Day Moving Average is calculated to be -97.26%.

Shares Statistics:

The stock has traded on average 866.09K shares per day over the past 3-months and 972770 shares per day over the last 10 days, according to various share statistics. A total of 3.07M shares are outstanding, with a floating share count of 3.02M. Insiders hold about 1.63% of the company’s shares, while institutions hold 1.21% stake in the company. Shares short for ELAB as of 1730332800 were 9422947 with a Short Ratio of 0.06, compared to 1727654400 on 686391. Therefore, it implies a Short% of Shares Outstanding of 9422947 and a Short% of Float of 22.28.

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