Precision Non Current Liabilities Total vs Other Current Liab Analysis
DTIL Stock | USD 7.26 0.76 11.69% |
Precision BioSciences financial indicator trend analysis is much more than just breaking down Precision BioSciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Precision BioSciences is a good investment. Please check the relationship between Precision BioSciences Non Current Liabilities Total and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Precision BioSciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Precision Stock please use our How to buy in Precision Stock guide.
Non Current Liabilities Total vs Other Current Liab
Non Current Liabilities Total vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Precision BioSciences Non Current Liabilities Total account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Precision BioSciences' Non Current Liabilities Total and Other Current Liab is 0.36. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Precision BioSciences, assuming nothing else is changed. The correlation between historical values of Precision BioSciences' Non Current Liabilities Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Precision BioSciences are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Liabilities Total i.e., Precision BioSciences' Non Current Liabilities Total and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Other Current Liab
Most indicators from Precision BioSciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Precision BioSciences current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Precision BioSciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Precision Stock please use our How to buy in Precision Stock guide.At this time, Precision BioSciences' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 1.42 this year, although the value of Selling General Administrative will most likely fall to about 29 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 115.5M | 16.1M | 40.5M | 33.4M | Total Revenue | 115.5M | 25.1M | 48.7M | 35.8M |
Precision BioSciences fundamental ratios Correlations
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Precision BioSciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Precision BioSciences fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 235.2M | 150.2M | 211.5M | 238.2M | 159.8M | 179.4M | |
Other Current Liab | 1.6M | 7.9M | 9.9M | 11.1M | 11.4M | 6.7M | |
Total Current Liabilities | 26.9M | 42.8M | 36.0M | 59.7M | 50.0M | 34.0M | |
Total Stockholder Equity | 138.3M | 44.4M | 91.2M | 60.4M | 18.9M | 17.9M | |
Other Liab | 70.0M | 54.3M | 77.1M | 93.1M | 83.8M | 64.4M | |
Net Tangible Assets | 136.9M | 43.1M | 89.1M | 59.1M | 67.9M | 52.7M | |
Retained Earnings | (177.1M) | (286.1M) | (316.7M) | (428.3M) | (489.6M) | (465.1M) | |
Accounts Payable | 2.0M | 792K | 1.1M | 653K | 3.0M | 1.8M | |
Cash | 180.9M | 89.8M | 143.7M | 189.6M | 116.7M | 134.8M | |
Other Assets | 558K | 8.1M | 11.5M | 9.8M | 1.0 | 0.95 | |
Cash And Short Term Investments | 180.9M | 89.8M | 143.7M | 189.6M | 116.7M | 134.8M | |
Net Receivables | 965K | 10M | 488K | 720K | 12.8M | 13.4M | |
Common Stock Shares Outstanding | 1.4M | 1.7M | 2.0M | 2.9M | 3.8M | 3.1M | |
Capital Surpluse | 316.3M | 331.5M | 408.8M | 489.7M | 563.2M | 591.3M | |
Total Liab | 96.9M | 105.7M | 120.3M | 177.7M | 140.9M | 129.6M | |
Total Current Assets | 193.7M | 105.6M | 161.8M | 199.1M | 136.4M | 147.2M | |
Intangible Assets | 1.4M | 1.4M | 2.0M | 1.3M | 400K | 380K | |
Property Plant Equipment | 39.6M | 41.5M | 25.2M | 20.2M | 23.2M | 25.0M | |
Property Plant And Equipment Net | 39.6M | 41.5M | 29.3M | 23.2M | 14.6M | 27.9M | |
Current Deferred Revenue | 16.5M | 30.2M | 21.2M | 46.2M | 12.0M | 22.1M | |
Net Debt | (180.9M) | (79.3M) | (134.6M) | (162.5M) | (85.4M) | (89.7M) | |
Non Current Assets Total | 41.6M | 44.6M | 49.7M | 39.1M | 23.4M | 36.1M | |
Non Currrent Assets Other | 558K | 1.7M | 4.6M | 9.8M | 225.0K | 213.7K | |
Liabilities And Stockholders Equity | 235.2M | 150.2M | 211.5M | 238.2M | 159.8M | 189.5M | |
Non Current Liabilities Total | 70.0M | 62.9M | 84.4M | 118.1M | 90.9M | 94.4M | |
Other Current Assets | 2.3M | 5.8M | 17.6M | 8.8M | 6.9M | 8.5M | |
Other Stockholder Equity | 315.4M | 330.5M | 407.8M | 488.7M | 508.5M | 345.3M | |
Net Invested Capital | 138.3M | 44.4M | 93.6M | 82.7M | 41.3M | 65.0M | |
Property Plant And Equipment Gross | 39.6M | 41.5M | 53.2M | 54.3M | 40.1M | 40.5M | |
Net Working Capital | 166.7M | 62.7M | 125.8M | 139.4M | 86.4M | 115.9M | |
Short Term Debt | 6.8M | 3.9M | 3.6M | 1.7M | 23.5M | 24.7M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Precision BioSciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Precision Stock please use our How to buy in Precision Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Precision BioSciences. If investors know Precision 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 Precision BioSciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.4 | Revenue Per Share 12.872 | Quarterly Revenue Growth (0.96) | Return On Assets (0.06) | Return On Equity 0.2444 |
The market value of Precision BioSciences is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision BioSciences' value that differs from its market value or its book value, called intrinsic value, which is Precision BioSciences' 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 Precision BioSciences' market value can be influenced by many factors that don't directly affect Precision BioSciences' 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 Precision BioSciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision BioSciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision BioSciences' 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.