Prelude Other Operating Expenses from 2010 to 2024

PRLD Stock  USD 0.95  0.02  2.20%   
Prelude Therapeutics' Other Operating Expenses is increasing over the years with slightly volatile fluctuation. Other Operating Expenses is expected to dwindle to about 86.4 M. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2019-09-30
Previous Quarter
37.2 M
Current Value
37.4 M
Quarterly Volatility
9.9 M
 
Covid
Check Prelude Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prelude Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 821.5 K, Interest Expense of 1.6 M or Selling General Administrative of 18.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.14. Prelude financial statements analysis is a perfect complement when working with Prelude Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Prelude Therapeutics Correlation against competitors.
For information on how to trade Prelude Stock refer to our How to Trade Prelude Stock guide.

Latest Prelude Therapeutics' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Prelude Therapeutics over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Prelude Therapeutics. It is also known as Prelude Therapeutics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Prelude Therapeutics' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prelude Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Prelude Other Operating Expenses Regression Statistics

Arithmetic Mean45,174,810
Geometric Mean29,295,740
Coefficient Of Variation100.42
Mean Deviation38,515,213
Median14,975,000
Standard Deviation45,366,726
Sample Variance2058.1T
Range117.3M
R-Value0.81
Mean Square Error763.9T
R-Squared0.66
Significance0.0003
Slope8,212,307
Total Sum of Squares28814T

Prelude Other Operating Expenses History

202486.4 M
2023132.3 M
2022123.5 M
2021113.7 M
202058.8 M
201928.1 M

About Prelude Therapeutics Financial Statements

Prelude Therapeutics stakeholders use historical fundamental indicators, such as Prelude Therapeutics' Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Prelude Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prelude Therapeutics' assets and liabilities are reflected in the revenues and expenses on Prelude Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prelude Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses132.3 M86.4 M

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When determining whether Prelude Therapeutics is a strong investment it is important to analyze Prelude Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prelude Therapeutics' future performance. For an informed investment choice regarding Prelude Stock, refer to the following important reports:
Check out the analysis of Prelude Therapeutics Correlation against competitors.
For information on how to trade Prelude Stock refer to our How to Trade Prelude Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prelude Therapeutics. If investors know Prelude will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prelude Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.77)
Revenue Per Share
0.04
Return On Assets
(0.39)
Return On Equity
(0.67)
The market value of Prelude Therapeutics is measured differently than its book value, which is the value of Prelude that is recorded on the company's balance sheet. Investors also form their own opinion of Prelude Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Prelude Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prelude Therapeutics' market value can be influenced by many factors that don't directly affect Prelude Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prelude Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prelude Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prelude Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.