Prelude Total Operating Expenses vs Ebitda 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 Total Operating Expenses and its Ebitda 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.

Total Operating Expenses vs Ebitda

Total Operating Expenses vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prelude Therapeutics Total Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Prelude Therapeutics' Total Operating Expenses and Ebitda is -0.98. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebitda 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' Total Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Prelude Therapeutics are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Operating Expenses i.e., Prelude Therapeutics' Total Operating Expenses and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Ebitda

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 Depreciation915K1.3M1.2M827.2K
Total Operating Expenses113.7M123.5M132.3M86.4M

Prelude Therapeutics fundamental ratios Correlations

0.930.961.00.850.990.61-0.35-0.840.940.440.691.00.94-0.820.87-0.611.00.61.00.861.00.880.590.850.97
0.930.970.910.880.90.73-0.22-0.930.850.330.80.910.98-0.720.9-0.420.910.720.910.870.90.930.710.60.91
0.960.970.940.920.940.66-0.16-0.910.940.260.750.940.95-0.750.92-0.470.940.650.940.930.930.940.630.70.94
1.00.910.940.821.00.57-0.39-0.810.930.480.651.00.92-0.860.85-0.681.00.561.00.831.00.850.560.860.98
0.850.880.920.820.80.810.15-0.960.86-0.010.880.820.9-0.620.99-0.380.820.80.821.00.810.980.770.620.81
0.990.90.941.00.80.54-0.4-0.780.930.490.621.00.91-0.870.83-0.691.00.531.00.821.00.830.520.860.98
0.610.730.660.570.810.540.14-0.890.470.040.990.570.8-0.360.85-0.150.571.00.570.750.560.841.00.330.55
-0.35-0.22-0.16-0.390.15-0.40.14-0.03-0.2-0.980.14-0.39-0.180.510.060.55-0.390.14-0.390.14-0.40.010.11-0.43-0.45
-0.84-0.93-0.91-0.81-0.96-0.78-0.89-0.03-0.78-0.13-0.95-0.81-0.940.61-0.980.34-0.81-0.89-0.81-0.94-0.8-0.99-0.87-0.52-0.82
0.940.850.940.930.860.930.47-0.2-0.780.270.580.940.83-0.760.84-0.570.930.460.940.890.940.860.440.840.93
0.440.330.260.48-0.010.490.04-0.98-0.130.270.040.480.3-0.580.09-0.590.480.040.48-0.010.490.140.070.490.54
0.690.80.750.650.880.620.990.14-0.950.580.040.650.86-0.450.92-0.210.650.980.650.840.640.910.980.380.64
1.00.910.941.00.821.00.57-0.39-0.810.940.480.650.91-0.840.84-0.651.00.561.00.841.00.860.550.880.98
0.940.980.950.920.90.910.8-0.18-0.940.830.30.860.91-0.720.93-0.450.920.80.910.890.910.940.790.640.89
-0.82-0.72-0.75-0.86-0.62-0.87-0.360.510.61-0.76-0.58-0.45-0.84-0.72-0.670.93-0.86-0.36-0.83-0.64-0.84-0.65-0.36-0.71-0.88
0.870.90.920.850.990.830.850.06-0.980.840.090.920.840.93-0.67-0.440.850.850.840.980.830.990.830.620.84
-0.61-0.42-0.47-0.68-0.38-0.69-0.150.550.34-0.57-0.59-0.21-0.65-0.450.93-0.44-0.68-0.14-0.64-0.4-0.65-0.38-0.15-0.68-0.68
1.00.910.941.00.821.00.57-0.39-0.810.930.480.651.00.92-0.860.85-0.680.561.00.831.00.850.560.860.98
0.60.720.650.560.80.531.00.14-0.890.460.040.980.560.8-0.360.85-0.140.560.560.750.550.831.00.320.55
1.00.910.941.00.821.00.57-0.39-0.810.940.480.651.00.91-0.830.84-0.641.00.560.841.00.860.550.880.98
0.860.870.930.831.00.820.750.14-0.940.89-0.010.840.840.89-0.640.98-0.40.830.750.840.830.970.720.640.82
1.00.90.931.00.811.00.56-0.4-0.80.940.490.641.00.91-0.840.83-0.651.00.551.00.830.850.540.890.98
0.880.930.940.850.980.830.840.01-0.990.860.140.910.860.94-0.650.99-0.380.850.830.860.970.850.810.620.86
0.590.710.630.560.770.521.00.11-0.870.440.070.980.550.79-0.360.83-0.150.561.00.550.720.540.810.320.54
0.850.60.70.860.620.860.33-0.43-0.520.840.490.380.880.64-0.710.62-0.680.860.320.880.640.890.620.320.82
0.970.910.940.980.810.980.55-0.45-0.820.930.540.640.980.89-0.880.84-0.680.980.550.980.820.980.860.540.82
Click cells to compare fundamentals

Prelude Therapeutics Account Relationship Matchups

Prelude Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.9M223.6M305.1M220.5M277.7M195.3M
Other Current Liab2.6M7.5M7.9M11.3M14.3M8.2M
Total Current Liabilities4.8M11.4M19.2M21.7M21.8M14.9M
Total Stockholder Equity(49.4M)212.2M285.9M195.4M237.1M157.4M
Net Tangible Assets(49.4M)212.2M285.9M195.4M224.8M136.7M
Property Plant And Equipment Net1.6M2.5M5.6M6.7M37.7M39.6M
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 Payable2.0M3.9M7.8M6.8M4.6M4.8M
Cash18.9M218.3M31.8M30.6M25.3M45.4M
Non Current Assets Total1.6M2.8M10.0M16.1M42.1M44.2M
Cash And Short Term Investments18.9M218.3M291.2M201.7M232.9M179.4M
Common Stock Shares Outstanding32.4M43.7M47.6M47.4M60.4M48.3M
Liabilities And Stockholders Equity21.9M223.6M305.1M220.5M277.7M195.3M
Non Current Liabilities Total66.4M32K9.6M3.4M18.7M18.0M
Other Stockholder Equity(65.4M)96.0M505.7M531.7M693.3M727.9M
Total Liab71.3M11.4M19.2M25.1M40.6M27.6M
Net Invested Capital(49.4M)212.2M285.9M195.4M237.1M157.4M
Property Plant And Equipment Gross1.6M2.5M5.6M6.7M41.3M43.4M
Total Current Assets20.2M220.8M295.1M204.4M235.6M181.8M
Accumulated Other Comprehensive Income(556K)(223.6M)(711K)(1.7M)223K234.2K
Net Working Capital15.4M209.4M275.9M182.7M213.8M166.9M
Property Plant Equipment1.6M2.5M5.6M6.7M7.7M8.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.