Peraso Other Current Assets vs Cash Analysis

PRSO Stock  USD 0.90  0.03  3.45%   
Peraso financial indicator trend analysis is much more than just breaking down Peraso Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peraso Inc is a good investment. Please check the relationship between Peraso Other Current Assets and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peraso Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peraso Inc Other Current Assets account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Peraso's Other Current Assets and Cash is 0.48. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Peraso Inc, assuming nothing else is changed. The correlation between historical values of Peraso's Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Peraso Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Peraso's Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of Peraso Inc, which is listed under current asset account on Peraso Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Peraso customers. The amounts must be unrestricted with restricted cash listed in a different Peraso account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Peraso's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peraso Inc 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 Peraso Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Peraso's Issuance Of Capital Stock is very stable compared to the past year. As of the 24th of December 2024, Enterprise Value is likely to grow to about 20.2 M, while Selling General Administrative is likely to drop about 6.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.4M6.0M1.9M1.8M
Total Revenue5.7M14.9M13.7M9.4M

Peraso fundamental ratios Correlations

0.410.070.99-0.390.510.160.39-0.410.56-0.52-0.26-0.05-0.380.03-0.420.370.960.330.58-0.330.760.630.18-0.30.56
0.410.650.38-0.40.52-0.090.03-0.160.58-0.03-0.27-0.24-0.30.47-0.70.480.230.120.87-0.370.450.72-0.26-0.380.87
0.070.650.020.210.36-0.34-0.350.390.430.31-0.260.35-0.090.36-0.50.3-0.04-0.070.490.03-0.030.33-0.170.220.53
0.990.380.02-0.360.490.130.42-0.40.53-0.61-0.31-0.03-0.37-0.01-0.420.370.940.340.57-0.350.780.640.17-0.260.55
-0.39-0.40.21-0.36-0.18-0.49-0.330.65-0.430.020.040.870.36-0.230.08-0.01-0.35-0.42-0.30.3-0.39-0.25-0.060.92-0.25
0.510.520.360.49-0.18-0.13-0.21-0.170.48-0.16-0.170.0-0.140.07-0.90.50.3-0.010.68-0.050.230.22-0.2-0.140.69
0.16-0.09-0.340.13-0.49-0.130.56-0.43-0.030.130.44-0.53-0.350.250.27-0.360.220.67-0.13-0.050.4-0.060.47-0.57-0.16
0.390.03-0.350.42-0.33-0.210.56-0.29-0.02-0.46-0.16-0.27-0.470.380.17-0.260.470.710.1-0.430.730.380.46-0.310.06
-0.41-0.160.39-0.40.65-0.17-0.43-0.29-0.120.18-0.090.70.47-0.090.08-0.11-0.38-0.28-0.280.67-0.47-0.3-0.030.47-0.19
0.560.580.430.53-0.430.48-0.03-0.02-0.12-0.11-0.07-0.27-0.12-0.17-0.560.610.40.010.7-0.020.330.61-0.32-0.420.72
-0.52-0.030.31-0.610.02-0.160.13-0.460.18-0.110.48-0.110.160.260.26-0.24-0.46-0.24-0.290.31-0.59-0.45-0.01-0.07-0.28
-0.26-0.27-0.26-0.310.04-0.170.44-0.16-0.09-0.070.48-0.280.36-0.260.210.15-0.26-0.34-0.210.33-0.21-0.22-0.21-0.22-0.2
-0.05-0.240.35-0.030.870.0-0.53-0.270.7-0.27-0.11-0.280.23-0.12-0.02-0.050.0-0.22-0.20.31-0.23-0.170.160.85-0.15
-0.38-0.3-0.09-0.370.36-0.14-0.35-0.470.47-0.120.160.360.23-0.420.110.36-0.36-0.7-0.310.64-0.44-0.36-0.650.14-0.26
0.030.470.36-0.01-0.230.070.250.38-0.09-0.170.26-0.26-0.12-0.42-0.1-0.270.050.50.22-0.440.320.150.28-0.140.2
-0.42-0.7-0.5-0.420.08-0.90.270.170.08-0.560.260.21-0.020.11-0.1-0.68-0.150.09-0.870.19-0.32-0.490.410.05-0.89
0.370.480.30.37-0.010.5-0.36-0.26-0.110.61-0.240.15-0.050.36-0.27-0.680.18-0.520.71-0.090.270.59-0.81-0.070.72
0.960.23-0.040.94-0.350.30.220.47-0.380.4-0.46-0.260.0-0.360.05-0.150.180.380.34-0.290.710.50.34-0.260.32
0.330.12-0.070.34-0.42-0.010.670.71-0.280.01-0.24-0.34-0.22-0.70.50.09-0.520.380.05-0.330.580.130.7-0.290.02
0.580.870.490.57-0.30.68-0.130.1-0.280.7-0.29-0.21-0.2-0.310.22-0.870.710.340.05-0.470.590.83-0.36-0.241.0
-0.33-0.370.03-0.350.3-0.05-0.05-0.430.67-0.020.310.330.310.64-0.440.19-0.09-0.29-0.33-0.47-0.6-0.58-0.070.03-0.4
0.760.45-0.030.78-0.390.230.40.73-0.470.33-0.59-0.21-0.23-0.440.32-0.320.270.710.580.59-0.60.730.14-0.320.55
0.630.720.330.64-0.250.22-0.060.38-0.30.61-0.45-0.22-0.17-0.360.15-0.490.590.50.130.83-0.580.73-0.21-0.20.81
0.18-0.26-0.170.17-0.06-0.20.470.46-0.03-0.32-0.01-0.210.16-0.650.280.41-0.810.340.7-0.36-0.070.14-0.210.02-0.38
-0.3-0.380.22-0.260.92-0.14-0.57-0.310.47-0.42-0.07-0.220.850.14-0.140.05-0.07-0.26-0.29-0.240.03-0.32-0.20.02-0.22
0.560.870.530.55-0.250.69-0.160.06-0.190.72-0.28-0.2-0.15-0.260.2-0.890.720.320.021.0-0.40.550.81-0.38-0.22
Click cells to compare fundamentals

Peraso Account Relationship Matchups

Peraso fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2M10.0M48.0M22.5M10.7M10.2M
Other Current Liab1.1M456K2.3M1.1M77K73.2K
Total Current Liabilities1.7M2.3M5.6M4.7M4.5M3.5M
Total Stockholder Equity4.6M(3.9M)42.1M15.3M4.1M3.9M
Accounts Payable218K1.1M1.9M1.8M2.4M2.6M
Cash1.9M1.7M15.2M2.9M1.6M1.5M
Other Assets263K260K78K320K70.2K66.7K
Common Stock Shares Outstanding88.9K106.1K146.7K502.5K646K613.7K
Inventory1.1M1.3M3.8M5.3M2.6M1.8M
Other Current Assets981.9K963K1.2M1.2M584K554.8K
Total Liab5.6M13.9M5.9M7.2M6.6M6.7M
Common Stock137.9K100.5M22K14K1K950.0
Property Plant Equipment279K197K424K3.0M2.7M2.8M
Property Plant And Equipment Net4.3M3.4M3.0M3.4M1.8M1.9M
Current Deferred Revenue166K15K375K332K1.1M852.6K
Net Debt727.3K3.9M(14.5M)(1.7M)(864K)(907.2K)
Retained Earnings(96.1M)(106.3M)(117.2M)(149.6M)(166.4M)(158.1M)
Non Current Assets Total4.5M3.4M24.3M9.8M5.2M4.9M
Cash And Short Term Investments1.9M1.7M15.2M2.9M1.6M1.5M
Net Receivables1.7M2.6M3.5M3.3M767K728.7K
Common Stock Total Equity8K43K2K3K2.7K2.6K
Liabilities And Stockholders Equity10.2M10.0M48.0M22.5M10.7M10.2M
Other Stockholder Equity(1.0)102.4M159.2M164.9M170.5M154.0M
Property Plant And Equipment Gross353K424K3.0M3.4M6.4M6.7M
Total Current Assets5.7M6.6M23.7M12.7M5.5M5.3M
Accumulated Other Comprehensive Income(3.9M)(4.3M)(17.6M)(25K)(22.5K)(23.6K)
Short Long Term Debt Total3.1M5.7M667K1.2M719K683.1K
Long Term Debt9.2M2.7M2.9M3.4M3.9M2.2M
Non Current Liabilities Total3.9M11.6M288K2.5M2.1M2.3M
Other Liab18K17K1.5M6.7M7.7M8.1M
Net Tangible Assets6.7M4.8M2.9M23.8M21.4M16.6M
Retained Earnings Total Equity(224.7M)(235.9M)(238.4M)(242.6M)(218.4M)(229.3M)
Capital Surpluse232.0M243.0M243.3M245.5M282.4M233.1M

Pair Trading with Peraso

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 Peraso 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 Peraso will appreciate offsetting losses from the drop in the long position's value.

Moving together with Peraso Stock

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Moving against Peraso Stock

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  0.59MXL MaxLinearPairCorr
The ability to find closely correlated positions to Peraso could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peraso 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 Peraso - 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 Peraso Inc to buy it.
The correlation of Peraso 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 Peraso moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peraso Inc 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 Peraso 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 CorrelationCorrelation Matching
When determining whether Peraso Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peraso'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 Peraso Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peraso Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peraso Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Semiconductors & Semiconductor Equipment 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 Peraso. If investors know Peraso 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 Peraso listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
291.393
Earnings Share
(17.87)
Revenue Per Share
8.774
Quarterly Revenue Growth
0.764
Return On Assets
(0.80)
The market value of Peraso Inc is measured differently than its book value, which is the value of Peraso that is recorded on the company's balance sheet. Investors also form their own opinion of Peraso's value that differs from its market value or its book value, called intrinsic value, which is Peraso'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 Peraso's market value can be influenced by many factors that don't directly affect Peraso'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 Peraso's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peraso is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peraso'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.