Prelude Common Stock Shares Outstanding vs Non Current Liabilities Other Analysis

PRLD Stock  USD 0.76  0.01  1.33%   
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 Common Stock Shares Outstanding and its Non Current Liabilities Other 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.

Common Stock Shares Outstanding vs Non Current Liabilities Other

Common Stock Shares Outstanding vs Non Current Liabilities Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prelude Therapeutics Common Stock Shares Outstanding account and Non Current Liabilities Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Prelude Therapeutics' Common Stock Shares Outstanding and Non Current Liabilities Other is 0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Liabilities Other 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' Common Stock Shares Outstanding and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Prelude Therapeutics are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Common Stock Shares Outstanding i.e., Prelude Therapeutics' Common Stock Shares Outstanding and Non Current Liabilities Other go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Liabilities Other

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.As of March 1, 2025, Selling General Administrative is expected to decline to about 18.9 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 124.1 M
 2022 2023 2024 2025 (projected)
Reconciled Depreciation1.3M1.2M1.4M827.2K
Total Operating Expenses123.5M132.3M152.1M86.4M

Prelude Therapeutics fundamental ratios Correlations

0.870.971.00.870.980.69-0.26-0.880.930.370.741.00.93-0.80.88-0.541.00.681.00.870.990.90.680.790.85
0.870.90.850.920.80.93-0.04-0.970.770.210.960.850.92-0.640.97-0.340.850.930.850.920.840.970.920.540.67
0.970.90.950.930.930.73-0.09-0.940.920.20.80.950.95-0.730.92-0.410.950.730.950.930.940.950.710.650.79
1.00.850.950.850.990.65-0.31-0.850.930.410.71.00.9-0.850.86-0.611.00.641.00.851.00.880.640.810.87
0.870.920.930.850.820.820.17-0.960.88-0.030.880.850.87-0.640.98-0.360.850.820.851.00.840.980.80.610.69
0.980.80.930.990.820.58-0.36-0.810.940.450.640.990.85-0.870.82-0.660.990.570.990.820.990.850.570.850.91
0.690.930.730.650.820.580.17-0.890.520.010.990.650.85-0.40.9-0.130.651.00.650.820.640.851.00.330.36
-0.26-0.04-0.09-0.310.17-0.360.17-0.06-0.16-0.980.17-0.31-0.070.480.10.55-0.310.17-0.310.17-0.330.040.14-0.42-0.5
-0.88-0.97-0.94-0.85-0.96-0.81-0.89-0.06-0.81-0.09-0.93-0.85-0.930.63-0.980.3-0.85-0.88-0.85-0.95-0.84-0.98-0.87-0.51-0.66
0.930.770.920.930.880.940.52-0.16-0.810.250.610.940.77-0.770.83-0.550.930.520.940.880.940.880.50.830.91
0.370.210.20.41-0.030.450.01-0.98-0.090.250.00.410.19-0.550.05-0.590.410.00.41-0.030.430.110.030.480.58
0.740.960.80.70.880.640.990.17-0.930.610.00.70.88-0.460.94-0.180.70.990.70.880.690.910.990.370.44
1.00.850.951.00.850.990.65-0.31-0.850.940.410.70.9-0.830.85-0.591.00.641.00.851.00.880.640.830.88
0.930.920.950.90.870.850.85-0.07-0.930.770.190.880.9-0.650.91-0.330.90.840.90.870.890.90.840.540.62
-0.8-0.64-0.73-0.85-0.64-0.87-0.40.480.63-0.77-0.55-0.46-0.83-0.65-0.660.91-0.85-0.39-0.82-0.64-0.83-0.66-0.39-0.72-0.88
0.880.970.920.860.980.820.90.1-0.980.830.050.940.850.91-0.66-0.380.860.890.850.980.850.990.880.580.67
-0.54-0.34-0.41-0.61-0.36-0.66-0.130.550.3-0.55-0.59-0.18-0.59-0.330.91-0.38-0.61-0.13-0.59-0.36-0.6-0.37-0.13-0.68-0.74
1.00.850.951.00.850.990.65-0.31-0.850.930.410.71.00.9-0.850.86-0.610.641.00.851.00.880.640.810.87
0.680.930.730.640.820.571.00.17-0.880.520.00.990.640.84-0.390.89-0.130.640.640.820.630.851.00.320.35
1.00.850.951.00.850.990.65-0.31-0.850.940.410.71.00.9-0.820.85-0.591.00.640.851.00.880.640.830.88
0.870.920.930.851.00.820.820.17-0.950.88-0.030.880.850.87-0.640.98-0.360.850.820.850.840.980.80.610.69
0.990.840.941.00.840.990.64-0.33-0.840.940.430.691.00.89-0.830.85-0.61.00.631.00.840.870.630.840.88
0.90.970.950.880.980.850.850.04-0.980.880.110.910.880.9-0.660.99-0.370.880.850.880.980.870.830.620.74
0.680.920.710.640.80.571.00.14-0.870.50.030.990.640.84-0.390.88-0.130.641.00.640.80.630.830.320.34
0.790.540.650.810.610.850.33-0.42-0.510.830.480.370.830.54-0.720.58-0.680.810.320.830.610.840.620.320.85
0.850.670.790.870.690.910.36-0.5-0.660.910.580.440.880.62-0.880.67-0.740.870.350.880.690.880.740.340.85
Click cells to compare fundamentals

Prelude Therapeutics Account Relationship Matchups

Prelude Therapeutics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets223.6M305.1M220.5M277.7M319.3M195.3M
Other Current Liab7.5M7.9M11.3M15.8M18.1M19.0M
Total Current Liabilities11.4M19.2M21.7M21.8M25.1M14.9M
Total Stockholder Equity212.2M285.9M195.4M237.1M272.7M157.4M
Net Tangible Assets(49.4M)212.2M285.9M195.4M224.8M136.7M
Property Plant And Equipment Net2.5M5.6M6.7M37.7M43.4M45.6M
Net Debt(218.3M)(30.1M)(28.8M)(8.4M)(9.7M)(10.1M)
Retained Earnings(107.4M)(219.1M)(334.6M)(456.4M)(410.8M)(390.2M)
Accounts Payable3.9M7.8M6.8M4.6M5.3M4.8M
Cash218.3M31.8M30.6M25.3M22.8M45.4M
Non Current Assets Total2.8M10.0M16.1M42.1M48.4M50.8M
Cash And Short Term Investments218.3M291.2M201.7M232.9M267.9M179.4M
Common Stock Shares Outstanding43.7M47.6M47.4M60.4M69.4M48.3M
Liabilities And Stockholders Equity223.6M305.1M220.5M277.7M319.3M195.3M
Non Current Liabilities Total32K9.6M3.4M18.7M16.9M18.0M
Other Stockholder Equity96.0M505.7M531.7M693.3M797.2M837.1M
Total Liab11.4M19.2M25.1M40.6M36.5M27.6M
Net Invested Capital212.2M285.9M195.4M237.1M272.7M157.4M
Property Plant And Equipment Gross2.5M5.6M6.7M41.3M47.5M49.9M
Total Current Assets220.8M295.1M204.4M235.6M270.9M181.8M
Accumulated Other Comprehensive Income(223.6M)(711K)(1.7M)223K256.5K269.3K
Non Current Liabilities Other5K32K3.4M3.3M3.8M4.0M
Net Working Capital209.4M275.9M182.7M213.8M245.8M166.9M
Property Plant Equipment1.6M2.5M5.6M6.7M7.7M8.1M
Other Current Assets5M7.8M2.7M2.7M3.1M4.3M

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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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.