Personalis Total Current Liabilities vs Asset Turnover Analysis
PSNL Stock | USD 3.97 0.04 1.02% |
Personalis financial indicator trend analysis is much more than just breaking down Personalis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Personalis is a good investment. Please check the relationship between Personalis Total Current Liabilities and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Personalis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Personalis Stock please use our How to buy in Personalis Stock guide.
Total Current Liabilities vs Asset Turnover
Total Current Liabilities vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Personalis Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Personalis' Total Current Liabilities and Asset Turnover is 0.47. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Personalis, assuming nothing else is changed. The correlation between historical values of Personalis' Total Current Liabilities and Asset Turnover 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 Current Liabilities of Personalis are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., Personalis' Total Current Liabilities and Asset Turnover go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Personalis balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Personalis are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most indicators from Personalis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Personalis 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 Personalis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Personalis Stock please use our How to buy in Personalis Stock guide.Tax Provision is expected to rise to about 87.2 K this year, although the value of Selling General Administrative will most likely fall to about 37.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 184K | 201K | 110K | 104.5K | Depreciation And Amortization | 9.0M | 12.9M | 11.3M | 7.0M |
Personalis fundamental ratios Correlations
Click cells to compare fundamentals
Personalis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Personalis fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 157.3M | 244.8M | 396.5M | 292.7M | 225.1M | 218.7M | |
Short Long Term Debt Total | 1.4M | 11.0M | 52.8M | 48.7M | 49.0M | 29.3M | |
Other Current Liab | 5.3M | 8.8M | 16.4M | 12.5M | 19.6M | 10.8M | |
Total Current Liabilities | 50.0M | 40.6M | 31.3M | 33.1M | 47.2M | 35.3M | |
Total Stockholder Equity | 106.7M | 194.9M | 310.3M | 218.1M | 129.4M | 119.5M | |
Net Tangible Assets | 106.7M | 194.9M | 310.3M | 218.1M | 250.9M | 263.4M | |
Property Plant And Equipment Net | 16.0M | 22.1M | 73.5M | 88.4M | 75.2M | 46.0M | |
Current Deferred Revenue | 36.0M | 21.0M | 4.0M | 1.3M | 3.3M | 3.1M | |
Net Debt | (53.7M) | (57.5M) | (52.8M) | (40.5M) | (8.0M) | (8.4M) | |
Retained Earnings | (140.6M) | (181.9M) | (247.1M) | (360.4M) | (468.7M) | (445.3M) | |
Accounts Payable | 7.3M | 8.3M | 9.2M | 12.9M | 14.9M | 9.9M | |
Cash | 55.0M | 68.5M | 105.6M | 89.1M | 57.0M | 65.6M | |
Non Current Assets Total | 17.7M | 24.1M | 78.3M | 93.0M | 78.4M | 48.8M | |
Non Currrent Assets Other | 1.8M | 2.0M | 4.8M | 2.8M | 1.3M | 2.2M | |
Other Assets | 1.8M | 12.3M | 4.8M | 4.6M | (4.8M) | (4.6M) | |
Cash And Short Term Investments | 128.3M | 203.3M | 287.1M | 167.7M | 114.2M | 148.2M | |
Net Receivables | 3.3M | 6.3M | 18.5M | 16.6M | 17.7M | 10.8M | |
Common Stock Shares Outstanding | 31.2M | 39.1M | 43.9M | 45.7M | 48.2M | 39.5M | |
Short Term Investments | 73.2M | 134.8M | 181.5M | 78.5M | 57.2M | 82.5M | |
Liabilities And Stockholders Equity | 157.3M | 244.8M | 396.5M | 292.7M | 225.1M | 218.7M | |
Non Current Liabilities Total | 639K | 9.3M | 54.9M | 41.4M | 48.4M | 36.8M | |
Capital Surpluse | 247.3M | 376.8M | 557.6M | 579.5M | 666.4M | 699.7M | |
Inventory | 4.6M | 2.7M | 5.6M | 8.6M | 5.7M | 4.7M | |
Other Current Assets | 3.4M | 10.9M | 14.2M | 9.0M | 9.2M | 7.8M | |
Other Stockholder Equity | 90.0M | 376.8M | 557.6M | 579.5M | 598.4M | 348.5M | |
Total Liab | 50.6M | 49.9M | 86.2M | 74.6M | 95.7M | 72.1M | |
Net Invested Capital | 106.7M | 194.9M | 310.3M | 220.4M | 131.1M | 123.7M | |
Property Plant And Equipment Gross | 16.0M | 22.1M | 73.5M | 88.4M | 112.9M | 118.5M | |
Total Current Assets | 139.6M | 220.7M | 318.2M | 199.7M | 146.7M | 169.9M | |
Accumulated Other Comprehensive Income | (6K) | 22K | (166K) | (912K) | (222K) | (233.1K) | |
Non Current Liabilities Other | 639K | 9.3M | 54.9M | 41.4M | 5.2M | 4.9M | |
Net Working Capital | 89.6M | 180.1M | 286.9M | 166.6M | 99.5M | 121.3M | |
Short Term Debt | 1.4M | 2.4M | 5.5M | 7.6M | 9.4M | 5.6M | |
Property Plant Equipment | 16.0M | 11.8M | 19.7M | 61.9M | 71.2M | 74.8M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Personalis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Personalis Stock please use our How to buy in Personalis Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Life Sciences Tools & 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 Personalis. If investors know Personalis 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 Personalis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.73) | Revenue Per Share 1.637 | Quarterly Revenue Growth 0.409 | Return On Assets (0.19) | Return On Equity (0.58) |
The market value of Personalis is measured differently than its book value, which is the value of Personalis that is recorded on the company's balance sheet. Investors also form their own opinion of Personalis' value that differs from its market value or its book value, called intrinsic value, which is Personalis' 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 Personalis' market value can be influenced by many factors that don't directly affect Personalis' 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 Personalis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Personalis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Personalis' 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.