Precipio Change In Cash vs Investments Analysis

PRPO Stock

USD 6.66 0.15 2.30%

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

To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.

Change In Cash vs Investments

Change In Cash vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Precipio Change In Cash account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Precipio's Change In Cash and Investments is -0.16. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Investments in the same time period over historical financial statements of Precipio, assuming nothing else is changed. The correlation between historical values of Precipio's Change In Cash and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Precipio are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change In Cash i.e., Precipio's Change In Cash and Investments go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Precipio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Precipio 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 Precipio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.At this time, Precipio's Selling General Administrative is very stable compared to the past year. As of the 21st of January 2025, Discontinued Operations is likely to grow to about 788.5 K, while Issuance Of Capital Stock is likely to drop about 1.9 M.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	15.3M	13.6M	12.3M	14.6M
Cost Of Revenue	6.9M	9.2M	8.3M	8.8M

Total Operating Expenses Cost Of Revenue

Precipio fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Common Stock Total Equity	Property Plant And Equipment Gross	Current Deferred Revenue
Total Assets		0.01	0.02	-0.13	0.77	0.62	-0.25	0.23	-0.27	0.51	0.79	-0.04	0.51	0.64	-0.06	0.36	0.64	0.72	-0.11	0.1	0.75	-0.3	0.4	0.39	0.32	0.26
Short Long Term Debt Total	0.01		0.24	0.64	-0.54	0.27	0.88	-0.17	0.42	-0.19	-0.31	0.7	-0.19	0.64	-0.7	0.71	0.64	0.33	0.02	0.86	0.45	0.65	0.3	0.27	0.15	0.86
Other Current Liab	0.02	0.24		0.71	-0.36	-0.22	0.26	-0.59	0.59	-0.2	-0.05	-0.16	-0.2	0.28	-0.66	0.15	0.33	0.36	0.51	0.61	0.19	0.4	0.37	0.24	-0.46	-0.18
Total Current Liabilities	-0.13	0.64	0.71		-0.64	-0.27	0.59	-0.59	0.73	-0.18	-0.3	0.01	-0.18	0.36	-0.82	0.18	0.36	0.19	0.45	0.85	0.24	0.87	0.61	0.49	-0.49	0.3
Total Stockholder Equity	0.77	-0.54	-0.36	-0.64		0.5	-0.71	0.48	-0.65	0.58	0.79	-0.24	0.58	0.12	0.49	-0.12	0.14	0.29	-0.3	-0.54	0.35	-0.66	0.09	0.13	0.39	-0.15
Property Plant And Equipment Net	0.62	0.27	-0.22	-0.27	0.5		-0.03	0.18	-0.53	0.48	0.24	0.47	0.48	0.65	0.16	0.45	0.72	0.58	-0.1	0.04	0.76	-0.19	0.2	0.26	0.87	0.55
Net Debt	-0.25	0.88	0.26	0.59	-0.71	-0.03		-0.12	0.49	-0.64	-0.38	0.65	-0.64	0.43	-0.66	0.6	0.41	0.13	-0.04	0.76	0.05	0.6	0.07	0.11	-0.02	0.67
Retained Earnings	0.23	-0.17	-0.59	-0.59	0.48	0.18	-0.12		-0.32	0.03	0.51	0.39	0.03	-0.22	0.3	0.01	-0.19	-0.27	-0.97	-0.44	-0.2	-0.44	-0.2	-0.13	0.36	0.11
Accounts Payable	-0.27	0.42	0.59	0.73	-0.65	-0.53	0.49	-0.32		-0.33	-0.15	-0.01	-0.33	0.01	-0.74	0.27	-0.03	-0.06	0.15	0.7	-0.15	0.46	0.17	-0.05	-0.63	0.0
Cash	0.51	-0.19	-0.2	-0.18	0.58	0.48	-0.64	0.03	-0.33		0.26	-0.18	1.0	0.12	0.25	-0.13	0.16	0.2	0.06	-0.2	0.58	-0.14	0.37	0.25	0.3	0.02
Non Current Assets Total	0.79	-0.31	-0.05	-0.3	0.79	0.24	-0.38	0.51	-0.15	0.26		-0.22	0.26	0.22	-0.01	0.14	0.21	0.33	-0.42	-0.15	0.27	-0.53	0.17	0.09	0.02	-0.09
Non Currrent Assets Other	-0.04	0.7	-0.16	0.01	-0.24	0.47	0.65	0.39	-0.01	-0.18	-0.22		-0.18	0.34	-0.22	0.6	0.4	0.07	-0.49	0.33	0.2	0.18	-0.08	-0.02	0.59	0.71
Cash And Short Term Investments	0.51	-0.19	-0.2	-0.18	0.58	0.48	-0.64	0.03	-0.33	1.0	0.26	-0.18		0.12	0.25	-0.13	0.16	0.2	0.06	-0.2	0.58	-0.14	0.37	0.25	0.3	0.02
Net Receivables	0.64	0.64	0.28	0.36	0.12	0.65	0.43	-0.22	0.01	0.12	0.22	0.34	0.12		-0.45	0.73	0.96	0.84	0.23	0.66	0.87	0.23	0.46	0.47	0.33	0.69
Common Stock Shares Outstanding	-0.06	-0.7	-0.66	-0.82	0.49	0.16	-0.66	0.3	-0.74	0.25	-0.01	-0.22	0.25	-0.45		-0.53	-0.46	-0.25	-0.12	-0.9	-0.28	-0.59	-0.42	-0.2	0.46	-0.39
Non Current Liabilities Total	0.36	0.71	0.15	0.18	-0.12	0.45	0.6	0.01	0.27	-0.13	0.14	0.6	-0.13	0.73	-0.53		0.68	0.59	-0.08	0.67	0.52	-0.02	-0.07	-0.15	0.27	0.66
Inventory	0.64	0.64	0.33	0.36	0.14	0.72	0.41	-0.19	-0.03	0.16	0.21	0.4	0.16	0.96	-0.46	0.68		0.79	0.18	0.63	0.88	0.25	0.51	0.5	0.39	0.69
Other Current Assets	0.72	0.33	0.36	0.19	0.29	0.58	0.13	-0.27	-0.06	0.2	0.33	0.07	0.2	0.84	-0.25	0.59	0.79		0.34	0.46	0.8	-0.03	0.29	0.31	0.3	0.34
Other Stockholder Equity	-0.11	0.02	0.51	0.45	-0.3	-0.1	-0.04	-0.97	0.15	0.06	-0.42	-0.49	0.06	0.23	-0.12	-0.08	0.18	0.34		0.29	0.24	0.3	0.17	0.16	-0.27	-0.18
Total Liab	0.1	0.86	0.61	0.85	-0.54	0.04	0.76	-0.44	0.7	-0.2	-0.15	0.33	-0.2	0.66	-0.9	0.67	0.63	0.46	0.29		0.46	0.65	0.42	0.29	-0.23	0.58
Total Current Assets	0.75	0.45	0.19	0.24	0.35	0.76	0.05	-0.2	-0.15	0.58	0.27	0.2	0.58	0.87	-0.28	0.52	0.88	0.8	0.24	0.46		0.16	0.57	0.51	0.41	0.57
Short Term Debt	-0.3	0.65	0.4	0.87	-0.66	-0.19	0.6	-0.44	0.46	-0.14	-0.53	0.18	-0.14	0.23	-0.59	-0.02	0.25	-0.03	0.3	0.65	0.16		0.63	0.6	-0.27	0.43
Common Stock	0.4	0.3	0.37	0.61	0.09	0.2	0.07	-0.2	0.17	0.37	0.17	-0.08	0.37	0.46	-0.42	-0.07	0.51	0.29	0.17	0.42	0.57	0.63		0.9	-0.11	0.29
Common Stock Total Equity	0.39	0.27	0.24	0.49	0.13	0.26	0.11	-0.13	-0.05	0.25	0.09	-0.02	0.25	0.47	-0.2	-0.15	0.5	0.31	0.16	0.29	0.51	0.6	0.9		0.08	0.34
Property Plant And Equipment Gross	0.32	0.15	-0.46	-0.49	0.39	0.87	-0.02	0.36	-0.63	0.3	0.02	0.59	0.3	0.33	0.46	0.27	0.39	0.3	-0.27	-0.23	0.41	-0.27	-0.11	0.08		0.45
Current Deferred Revenue	0.26	0.86	-0.18	0.3	-0.15	0.55	0.67	0.11	0.0	0.02	-0.09	0.71	0.02	0.69	-0.39	0.66	0.69	0.34	-0.18	0.58	0.57	0.43	0.29	0.34	0.45

Click cells to compare fundamentals

Precipio Account Relationship Matchups

Precipio fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	20.7M	30.4M	21.5M	18.1M	16.3M	25.1M
Short Long Term Debt Total	1.5M	1.4M	1.4M	1.1M	1.0M	954.2K
Other Current Liab	1.6M	1.8M	1.5M	1.5M	1.4M	1.3M
Total Current Liabilities	4.7M	4.2M	4.4M	3.1M	2.8M	2.7M
Total Stockholder Equity	14.1M	24.6M	16.3M	14.4M	13.0M	15.3M
Property Plant And Equipment Net	787K	2.1M	1.9M	1.5M	1.4M	1.3M
Net Debt	(1.2M)	(10.2M)	(2.1M)	(386K)	(443.9K)	(421.7K)
Retained Earnings	(71.6M)	(80.1M)	(92.3M)	(98.2M)	(88.3M)	(92.8M)
Accounts Payable	1.7M	1.9M	2.0M	622K	715.3K	679.5K
Cash	2.7M	11.7M	3.4M	1.5M	1.4M	1.3M
Non Current Assets Total	16.5M	17.0M	15.8M	14.4M	13.0M	11.8M
Cash And Short Term Investments	2.7M	11.7M	3.4M	1.5M	1.4M	1.3M
Net Receivables	874K	697K	1.0M	1.3M	1.2M	1.1M
Common Stock Shares Outstanding	823.9K	1.1M	1.1M	1.3M	1.5M	1.6M
Liabilities And Stockholders Equity	20.7M	30.4M	21.5M	18.1M	16.3M	25.1M
Non Current Liabilities Total	1.9M	1.6M	776K	531K	477.9K	454.0K
Inventory	350K	564K	708K	384K	345.6K	328.3K
Other Current Assets	324K	549K	521K	495K	445.5K	653.3K
Other Stockholder Equity	85.5M	104.4M	108.4M	112.6M	129.4M	135.6M
Total Liab	6.6M	5.8M	5.1M	3.7M	3.3M	3.1M
Total Current Assets	4.2M	13.5M	5.7M	3.7M	3.3M	3.1M
Short Term Debt	921K	414K	616K	585K	526.5K	500.2K
Common Stock	176K	227K	228K	14K	12.6K	12.0K
Property Plant And Equipment Gross	787K	2.9M	3.0M	2.9M	2.6M	3.0M
Current Deferred Revenue	6K	18K	119K	110K	99K	94.1K
Intangible Assets	15.7M	14.7M	13.8M	12.8M	14.7M	11.4M
Net Tangible Assets	6.1M	(3.5M)	(1.5M)	9.8M	8.9M	9.3M
Long Term Debt	362K	160K	134K	106K	95.4K	90.6K
Property Plant Equipment	496K	431K	787K	2.1M	1.9M	2.0M
Other Liab	1.3M	1.3M	1.3M	606K	545.4K	518.1K
Short Long Term Debt	648K	26K	255K	235K	211.5K	200.9K

Pair Trading with Precipio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Precipio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Precipio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Precipio Stock

0.68	CVS	CVS Health Corp	Pair Corr
0.62	VMD	Viemed Healthcare	Pair Corr

Moving against Precipio Stock

0.66	ETON	Eton Pharmaceuticals	Pair Corr
0.61	STRM	Streamline Health	Pair Corr
0.51	HIMS	Hims Hers Health Aggressive Push	Pair Corr
0.44	ELDN	Eledon Pharmaceuticals	Pair Corr
0.39	ENSC	Ensysce Biosciences	Pair Corr

The ability to find closely correlated positions to Precipio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Precipio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Precipio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Precipio to buy it.

The correlation of Precipio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Precipio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Precipio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Precipio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Precipio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precipio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Precipio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precipio Stock:

How To Invest In Precipio

Details

Is Precipio Stock a good investment?

Details

What is Precipio's Net Worth?

Details

Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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

To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Is Health Care Providers & Services 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 Precipio. If investors know Precipio 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 Precipio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.81)

Revenue Per Share

11.73

Quarterly Revenue Growth

0.257

Return On Assets

(0.19)

Return On Equity

(0.29)

The market value of Precipio is measured differently than its book value, which is the value of Precipio that is recorded on the company's balance sheet. Investors also form their own opinion of Precipio's value that differs from its market value or its book value, called intrinsic value, which is Precipio's 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 Precipio's market value can be influenced by many factors that don't directly affect Precipio's 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 Precipio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precipio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precipio's 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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Precipio Change In Cash vs Investments Analysis

Change In Cash vs Investments

Change In Cash vs Investments Correlation Analysis

Correlation Coefficient

Change In Cash

Investments

Precipio fundamental ratios Correlations

Precipio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Precipio fundamental ratios Accounts

Pair Trading with Precipio

Moving together with Precipio Stock

Moving against Precipio Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.96	Net Receivables
Common Stock Total Equity	+ 0.9	Common Stock
Net Debt	+ 0.88	Short Long Term Debt Total
Total Current Assets	+ 0.88	Inventory
Short Term Debt	+ 0.87	Total Current Liabilities

Other Stockholder Equity	- 0.97	Retained Earnings
Total Liab	- 0.9	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.82	Total Current Liabilities
Common Stock Shares Outstanding	- 0.74	Accounts Payable
Net Debt	- 0.71	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.7	Short Long Term Debt Total