Prelude Free Cash Flow vs Depreciation Analysis

PRLD Stock

USD 0.95 0.02 2.20%

Prelude Therapeutics financial indicator trend analysis is much more than just breaking down Prelude Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prelude Therapeutics is a good investment. Please check the relationship between Prelude Therapeutics Free Cash Flow and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prelude Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Prelude Stock refer to our How to Trade Prelude Stock guide.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prelude Therapeutics Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Prelude Therapeutics' Free Cash Flow and Depreciation is -0.95. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Prelude Therapeutics, assuming nothing else is changed. The correlation between historical values of Prelude Therapeutics' Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Prelude Therapeutics are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Prelude Therapeutics' Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Prelude Therapeutics value has been used up. For tax purposes Prelude Therapeutics can deduct the cost of the tangible assets it purchases as business expenses. However, Prelude Therapeutics must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Prelude Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prelude Therapeutics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prelude Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Prelude Stock refer to our How to Trade Prelude Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 124.1 M, whereas Selling General Administrative is forecasted to decline to about 18.9 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	915K	1.3M	1.2M	827.2K
Total Operating Expenses	113.7M	123.5M	132.3M	86.4M

Reconciled Depreciation Total Operating Expenses

Prelude Therapeutics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Property Plant Equipment	Short Long Term Debt Total	Other Current Assets	Short Term Debt
Total Assets		0.93	0.96	1.0	0.85	0.99	0.61	-0.35	-0.84	0.94	0.44	0.69	1.0	0.94	-0.82	0.87	-0.61	1.0	0.6	1.0	0.86	1.0	0.88	0.59	0.85	0.97
Other Current Liab	0.93		0.97	0.91	0.88	0.9	0.73	-0.22	-0.93	0.85	0.33	0.8	0.91	0.98	-0.72	0.9	-0.42	0.91	0.72	0.91	0.87	0.9	0.93	0.71	0.6	0.91
Total Current Liabilities	0.96	0.97		0.94	0.92	0.94	0.66	-0.16	-0.91	0.94	0.26	0.75	0.94	0.95	-0.75	0.92	-0.47	0.94	0.65	0.94	0.93	0.93	0.94	0.63	0.7	0.94
Total Stockholder Equity	1.0	0.91	0.94		0.82	1.0	0.57	-0.39	-0.81	0.93	0.48	0.65	1.0	0.92	-0.86	0.85	-0.68	1.0	0.56	1.0	0.83	1.0	0.85	0.56	0.86	0.98
Other Liab	0.85	0.88	0.92	0.82		0.8	0.81	0.15	-0.96	0.86	-0.01	0.88	0.82	0.9	-0.62	0.99	-0.38	0.82	0.8	0.82	1.0	0.81	0.98	0.77	0.62	0.81
Net Tangible Assets	0.99	0.9	0.94	1.0	0.8		0.54	-0.4	-0.78	0.93	0.49	0.62	1.0	0.91	-0.87	0.83	-0.69	1.0	0.53	1.0	0.82	1.0	0.83	0.52	0.86	0.98
Property Plant And Equipment Net	0.61	0.73	0.66	0.57	0.81	0.54		0.14	-0.89	0.47	0.04	0.99	0.57	0.8	-0.36	0.85	-0.15	0.57	1.0	0.57	0.75	0.56	0.84	1.0	0.33	0.55
Net Debt	-0.35	-0.22	-0.16	-0.39	0.15	-0.4	0.14		-0.03	-0.2	-0.98	0.14	-0.39	-0.18	0.51	0.06	0.55	-0.39	0.14	-0.39	0.14	-0.4	0.01	0.11	-0.43	-0.45
Retained Earnings	-0.84	-0.93	-0.91	-0.81	-0.96	-0.78	-0.89	-0.03		-0.78	-0.13	-0.95	-0.81	-0.94	0.61	-0.98	0.34	-0.81	-0.89	-0.81	-0.94	-0.8	-0.99	-0.87	-0.52	-0.82
Accounts Payable	0.94	0.85	0.94	0.93	0.86	0.93	0.47	-0.2	-0.78		0.27	0.58	0.94	0.83	-0.76	0.84	-0.57	0.93	0.46	0.94	0.89	0.94	0.86	0.44	0.84	0.93
Cash	0.44	0.33	0.26	0.48	-0.01	0.49	0.04	-0.98	-0.13	0.27		0.04	0.48	0.3	-0.58	0.09	-0.59	0.48	0.04	0.48	-0.01	0.49	0.14	0.07	0.49	0.54
Non Current Assets Total	0.69	0.8	0.75	0.65	0.88	0.62	0.99	0.14	-0.95	0.58	0.04		0.65	0.86	-0.45	0.92	-0.21	0.65	0.98	0.65	0.84	0.64	0.91	0.98	0.38	0.64
Cash And Short Term Investments	1.0	0.91	0.94	1.0	0.82	1.0	0.57	-0.39	-0.81	0.94	0.48	0.65		0.91	-0.84	0.84	-0.65	1.0	0.56	1.0	0.84	1.0	0.86	0.55	0.88	0.98
Common Stock Shares Outstanding	0.94	0.98	0.95	0.92	0.9	0.91	0.8	-0.18	-0.94	0.83	0.3	0.86	0.91		-0.72	0.93	-0.45	0.92	0.8	0.91	0.89	0.91	0.94	0.79	0.64	0.89
Non Current Liabilities Total	-0.82	-0.72	-0.75	-0.86	-0.62	-0.87	-0.36	0.51	0.61	-0.76	-0.58	-0.45	-0.84	-0.72		-0.67	0.93	-0.86	-0.36	-0.83	-0.64	-0.84	-0.65	-0.36	-0.71	-0.88
Other Stockholder Equity	0.87	0.9	0.92	0.85	0.99	0.83	0.85	0.06	-0.98	0.84	0.09	0.92	0.84	0.93	-0.67		-0.44	0.85	0.85	0.84	0.98	0.83	0.99	0.83	0.62	0.84
Total Liab	-0.61	-0.42	-0.47	-0.68	-0.38	-0.69	-0.15	0.55	0.34	-0.57	-0.59	-0.21	-0.65	-0.45	0.93	-0.44		-0.68	-0.14	-0.64	-0.4	-0.65	-0.38	-0.15	-0.68	-0.68
Net Invested Capital	1.0	0.91	0.94	1.0	0.82	1.0	0.57	-0.39	-0.81	0.93	0.48	0.65	1.0	0.92	-0.86	0.85	-0.68		0.56	1.0	0.83	1.0	0.85	0.56	0.86	0.98
Property Plant And Equipment Gross	0.6	0.72	0.65	0.56	0.8	0.53	1.0	0.14	-0.89	0.46	0.04	0.98	0.56	0.8	-0.36	0.85	-0.14	0.56		0.56	0.75	0.55	0.83	1.0	0.32	0.55
Total Current Assets	1.0	0.91	0.94	1.0	0.82	1.0	0.57	-0.39	-0.81	0.94	0.48	0.65	1.0	0.91	-0.83	0.84	-0.64	1.0	0.56		0.84	1.0	0.86	0.55	0.88	0.98
Non Current Liabilities Other	0.86	0.87	0.93	0.83	1.0	0.82	0.75	0.14	-0.94	0.89	-0.01	0.84	0.84	0.89	-0.64	0.98	-0.4	0.83	0.75	0.84		0.83	0.97	0.72	0.64	0.82
Net Working Capital	1.0	0.9	0.93	1.0	0.81	1.0	0.56	-0.4	-0.8	0.94	0.49	0.64	1.0	0.91	-0.84	0.83	-0.65	1.0	0.55	1.0	0.83		0.85	0.54	0.89	0.98
Property Plant Equipment	0.88	0.93	0.94	0.85	0.98	0.83	0.84	0.01	-0.99	0.86	0.14	0.91	0.86	0.94	-0.65	0.99	-0.38	0.85	0.83	0.86	0.97	0.85		0.81	0.62	0.86
Short Long Term Debt Total	0.59	0.71	0.63	0.56	0.77	0.52	1.0	0.11	-0.87	0.44	0.07	0.98	0.55	0.79	-0.36	0.83	-0.15	0.56	1.0	0.55	0.72	0.54	0.81		0.32	0.54
Other Current Assets	0.85	0.6	0.7	0.86	0.62	0.86	0.33	-0.43	-0.52	0.84	0.49	0.38	0.88	0.64	-0.71	0.62	-0.68	0.86	0.32	0.88	0.64	0.89	0.62	0.32		0.82
Short Term Debt	0.97	0.91	0.94	0.98	0.81	0.98	0.55	-0.45	-0.82	0.93	0.54	0.64	0.98	0.89	-0.88	0.84	-0.68	0.98	0.55	0.98	0.82	0.98	0.86	0.54	0.82

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Prelude Therapeutics Account Relationship Matchups

Prelude Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.9M	223.6M	305.1M	220.5M	277.7M	195.3M
Other Current Liab	2.6M	7.5M	7.9M	11.3M	14.3M	8.2M
Total Current Liabilities	4.8M	11.4M	19.2M	21.7M	21.8M	14.9M
Total Stockholder Equity	(49.4M)	212.2M	285.9M	195.4M	237.1M	157.4M
Net Tangible Assets	(49.4M)	212.2M	285.9M	195.4M	224.8M	136.7M
Property Plant And Equipment Net	1.6M	2.5M	5.6M	6.7M	37.7M	39.6M
Net Debt	(18.6M)	(218.3M)	(30.1M)	(28.8M)	(8.4M)	(8.8M)
Retained Earnings	(50.5M)	(107.4M)	(219.1M)	(334.6M)	(456.4M)	(433.6M)
Accounts Payable	2.0M	3.9M	7.8M	6.8M	4.6M	4.8M
Cash	18.9M	218.3M	31.8M	30.6M	25.3M	45.4M
Non Current Assets Total	1.6M	2.8M	10.0M	16.1M	42.1M	44.2M
Cash And Short Term Investments	18.9M	218.3M	291.2M	201.7M	232.9M	179.4M
Common Stock Shares Outstanding	32.4M	43.7M	47.6M	47.4M	60.4M	48.3M
Liabilities And Stockholders Equity	21.9M	223.6M	305.1M	220.5M	277.7M	195.3M
Non Current Liabilities Total	66.4M	32K	9.6M	3.4M	18.7M	18.0M
Other Stockholder Equity	(65.4M)	96.0M	505.7M	531.7M	693.3M	727.9M
Total Liab	71.3M	11.4M	19.2M	25.1M	40.6M	27.6M
Net Invested Capital	(49.4M)	212.2M	285.9M	195.4M	237.1M	157.4M
Property Plant And Equipment Gross	1.6M	2.5M	5.6M	6.7M	41.3M	43.4M
Total Current Assets	20.2M	220.8M	295.1M	204.4M	235.6M	181.8M
Accumulated Other Comprehensive Income	(556K)	(223.6M)	(711K)	(1.7M)	223K	234.2K
Net Working Capital	15.4M	209.4M	275.9M	182.7M	213.8M	166.9M
Property Plant Equipment	1.6M	2.5M	5.6M	6.7M	7.7M	8.1M

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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:

How To Invest In Prelude

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Is Prelude Stock a good investment?

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What is Prelude Therapeutics' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prelude Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Prelude Stock refer to our How to Trade Prelude Stock guide.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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.

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Prelude Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

Prelude Therapeutics fundamental ratios Correlations

Prelude Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Prelude Therapeutics fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity

Property Plant Equipment	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Cash	- 0.98	Net Debt
Retained Earnings	- 0.96	Other Liab
Non Current Assets Total	- 0.95	Retained Earnings
Non Current Liabilities Other	- 0.94	Retained Earnings