Drone Cash And Short Term Investments vs Net Receivables Analysis

FLT Stock

CAD 0.20 0.01 4.76%

Drone Delivery financial indicator trend analysis is much more than just examining Drone Delivery Canada latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Drone Delivery Canada is a good investment. Please check the relationship between Drone Delivery Cash And Short Term Investments and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Drone Delivery's Cash And Short Term Investments and Net Receivables is 0.27. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Drone Delivery Canada, assuming nothing else is changed. The correlation between historical values of Drone Delivery's Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Drone Delivery Canada are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Drone Delivery's Cash And Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Drone Delivery Canada balance sheet. This account contains Drone Delivery investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Drone Delivery Canada fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Receivables

Most indicators from Drone Delivery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Drone Delivery Canada 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Drone Delivery's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 56.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	61.8K	297.3K	405.0K	240.7K
Cost Of Revenue	347.2K	225.1K	674.5K	394.4K

Interest Income Cost Of Revenue

Drone Delivery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Net Tangible Assets	Accounts Payable	Property Plant Equipment	Short Long Term Debt Total	Short Long Term Debt	Short Term Debt	Intangible Assets
Total Assets		0.32	0.89	1.0	-0.97	-0.66	0.99	0.77	0.68	0.95	0.41	0.84	-0.47	0.8	0.83	0.89	0.99	0.69	0.69	0.95	0.97	0.74	0.79	-0.03	0.8	0.91
Other Current Liab	0.32		0.62	0.29	-0.25	0.01	0.3	0.08	-0.03	0.24	0.84	0.31	-0.31	-0.01	0.34	0.59	0.35	-0.01	0.0	0.24	0.25	0.05	0.73	0.2	0.26	0.23
Total Current Liabilities	0.89	0.62		0.87	-0.85	-0.63	0.86	0.7	0.63	0.83	0.63	0.84	-0.53	0.68	0.87	0.99	0.88	0.63	0.6	0.85	0.87	0.69	0.86	-0.05	0.78	0.86
Total Stockholder Equity	1.0	0.29	0.87		-0.97	-0.65	0.99	0.76	0.67	0.95	0.39	0.83	-0.46	0.8	0.81	0.87	0.99	0.68	0.68	0.95	0.97	0.73	0.78	-0.02	0.79	0.9
Net Debt	-0.97	-0.25	-0.85	-0.97		0.73	-0.98	-0.67	-0.7	-0.99	-0.28	-0.86	0.49	-0.81	-0.81	-0.84	-0.97	-0.77	-0.58	-0.98	-0.94	-0.7	-0.77	0.19	-0.87	-0.86
Retained Earnings	-0.66	0.01	-0.63	-0.65	0.73		-0.62	-0.72	-0.96	-0.73	-0.17	-0.87	0.47	-0.63	-0.78	-0.67	-0.62	-0.99	-0.67	-0.81	-0.73	-0.82	-0.46	0.6	-0.91	-0.83
Cash	0.99	0.3	0.86	0.99	-0.98	-0.62		0.67	0.61	0.96	0.33	0.81	-0.46	0.79	0.77	0.84	1.0	0.66	0.58	0.94	0.94	0.65	0.77	-0.02	0.78	0.86
Non Current Assets Total	0.77	0.08	0.7	0.76	-0.67	-0.72	0.67		0.85	0.67	0.43	0.75	-0.41	0.69	0.82	0.76	0.69	0.7	0.99	0.74	0.81	0.94	0.5	-0.1	0.68	0.88
Non Currrent Assets Other	0.68	-0.03	0.63	0.67	-0.7	-0.96	0.61	0.85		0.69	0.28	0.83	-0.44	0.67	0.81	0.7	0.62	0.95	0.82	0.8	0.78	0.93	0.49	-0.54	0.85	0.86
Cash And Short Term Investments	0.95	0.24	0.83	0.95	-0.99	-0.73	0.96	0.67	0.69		0.27	0.88	-0.48	0.82	0.83	0.83	0.96	0.76	0.59	0.98	0.92	0.72	0.74	-0.13	0.88	0.84
Net Receivables	0.41	0.84	0.63	0.39	-0.28	-0.17	0.33	0.43	0.28	0.27		0.43	-0.31	0.12	0.51	0.66	0.39	0.14	0.39	0.33	0.42	0.42	0.74	0.17	0.36	0.44
Common Stock Shares Outstanding	0.84	0.31	0.84	0.83	-0.86	-0.87	0.81	0.75	0.83	0.88	0.43		-0.6	0.71	0.9	0.86	0.81	0.86	0.66	0.91	0.85	0.83	0.69	-0.22	0.95	0.89
Short Term Investments	-0.47	-0.31	-0.53	-0.46	0.49	0.47	-0.46	-0.41	-0.44	-0.48	-0.31	-0.6		-0.5	-0.53	-0.53	-0.45	-0.46	-0.3	-0.52	-0.49	-0.41	-0.46	0.16	-0.54	-0.46
Other Current Assets	0.8	-0.01	0.68	0.8	-0.81	-0.63	0.79	0.69	0.67	0.82	0.12	0.71	-0.5		0.81	0.71	0.78	0.64	0.62	0.82	0.85	0.72	0.52	-0.11	0.7	0.75
Other Stockholder Equity	0.83	0.34	0.87	0.81	-0.81	-0.78	0.77	0.82	0.81	0.83	0.51	0.9	-0.53	0.81		0.91	0.79	0.76	0.76	0.87	0.88	0.86	0.73	-0.16	0.88	0.87
Total Liab	0.89	0.59	0.99	0.87	-0.84	-0.67	0.84	0.76	0.7	0.83	0.66	0.86	-0.53	0.71	0.91		0.87	0.66	0.67	0.86	0.89	0.77	0.85	-0.08	0.8	0.88
Total Current Assets	0.99	0.35	0.88	0.99	-0.97	-0.62	1.0	0.69	0.62	0.96	0.39	0.81	-0.45	0.78	0.79	0.87		0.66	0.6	0.94	0.95	0.67	0.81	-0.02	0.78	0.87
Common Stock	0.69	-0.01	0.63	0.68	-0.77	-0.99	0.66	0.7	0.95	0.76	0.14	0.86	-0.46	0.64	0.76	0.66	0.66		0.65	0.84	0.75	0.8	0.49	-0.62	0.91	0.83
Property Plant And Equipment Net	0.69	0.0	0.6	0.68	-0.58	-0.67	0.58	0.99	0.82	0.59	0.39	0.66	-0.3	0.62	0.76	0.67	0.6	0.65		0.66	0.74	0.92	0.41	-0.12	0.6	0.81
Net Tangible Assets	0.95	0.24	0.85	0.95	-0.98	-0.81	0.94	0.74	0.8	0.98	0.33	0.91	-0.52	0.82	0.87	0.86	0.94	0.84	0.66		0.95	0.8	0.77	-0.26	0.92	0.89
Accounts Payable	0.97	0.25	0.87	0.97	-0.94	-0.73	0.94	0.81	0.78	0.92	0.42	0.85	-0.49	0.85	0.88	0.89	0.95	0.75	0.74	0.95		0.82	0.79	-0.16	0.83	0.93
Property Plant Equipment	0.74	0.05	0.69	0.73	-0.7	-0.82	0.65	0.94	0.93	0.72	0.42	0.83	-0.41	0.72	0.86	0.77	0.67	0.8	0.92	0.8	0.82		0.51	-0.24	0.78	0.87
Short Long Term Debt Total	0.79	0.73	0.86	0.78	-0.77	-0.46	0.77	0.5	0.49	0.74	0.74	0.69	-0.46	0.52	0.73	0.85	0.81	0.49	0.41	0.77	0.79	0.51		-0.13	0.71	0.68
Short Long Term Debt	-0.03	0.2	-0.05	-0.02	0.19	0.6	-0.02	-0.1	-0.54	-0.13	0.17	-0.22	0.16	-0.11	-0.16	-0.08	-0.02	-0.62	-0.12	-0.26	-0.16	-0.24	-0.13		-0.4	-0.19
Short Term Debt	0.8	0.26	0.78	0.79	-0.87	-0.91	0.78	0.68	0.85	0.88	0.36	0.95	-0.54	0.7	0.88	0.8	0.78	0.91	0.6	0.92	0.83	0.78	0.71	-0.4		0.84
Intangible Assets	0.91	0.23	0.86	0.9	-0.86	-0.83	0.86	0.88	0.86	0.84	0.44	0.89	-0.46	0.75	0.87	0.88	0.87	0.83	0.81	0.89	0.93	0.87	0.68	-0.19	0.84

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Drone Delivery Account Relationship Matchups

Drone Delivery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.7M	29.4M	33.0M	19.7M	10.3M	13.4M
Other Current Liab	1.5M	167.9K	396.7K	103.2K	118.7K	112.8K
Total Current Liabilities	1.7M	2.0M	2.0M	1.2M	891.1K	1.0M
Total Stockholder Equity	15.5M	27.1M	30.8M	18.5M	9.1M	12.3M
Net Debt	(9.2M)	(23.0M)	(27.3M)	(15.1M)	(13.6M)	(14.2M)
Retained Earnings	(47.2M)	(61.4M)	(76.1M)	(89.5M)	(99.4M)	(94.5M)
Cash	9.8M	23.5M	27.7M	15.3M	7.4M	10.2M
Non Current Assets Total	4.6M	4.5M	4.4M	3.5M	2.3M	2.2M
Cash And Short Term Investments	9.8M	23.5M	27.7M	15.3M	17.6M	10.6M
Net Receivables	3.1M	522.8K	421.3K	486.7K	167.8K	159.4K
Common Stock Shares Outstanding	172.8M	184.7M	222.1M	224.2M	224.2M	123.8M
Liabilities And Stockholders Equity	17.7M	29.4M	33.0M	19.7M	22.7M	13.6M
Other Current Assets	202.6K	892.8K	505.9K	343.6K	395.1K	267.8K
Other Stockholder Equity	13.6M	18.9M	10.5M	11.7M	13.4M	7.1M
Total Liab	2.2M	2.3M	2.2M	1.2M	1.2M	1.1M
Total Current Assets	13.1M	24.9M	28.6M	16.2M	8.0M	11.4M
Common Stock	49.2M	69.5M	96.3M	96.3M	110.8M	116.3M
Property Plant And Equipment Net	3.9M	3.6M	3.4M	2.6M	1.9M	1.9M
Net Tangible Assets	14.8M	26.3M	29.8M	17.6M	20.3M	16.9M
Accounts Payable	983.7K	1.6M	1.4M	909.9K	594.9K	889.3K
Property Plant Equipment	3.9M	3.6M	3.4M	2.6M	3.0M	1.9M
Non Current Liabilities Total	463.8K	308.5K	227.3K	19.8K	329.1K	185.4K
Intangible Assets	713.2K	844.5K	919.8K	878.5K	403.4K	642.3K
Net Invested Capital	15.5M	27.1M	30.8M	18.5M	9.1M	15.4M
Net Working Capital	11.4M	22.9M	26.6M	15.0M	7.1M	13.3M
Capital Stock	49.2M	69.5M	96.3M	96.3M	110.8M	81.2M

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Drone Cash And Short Term Investments vs Net Receivables Analysis

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Receivables

Drone Delivery fundamental ratios Correlations

Drone Delivery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Drone Delivery fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Drone Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash
Cash	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Cash	+ 0.99	Total Stockholder Equity

Common Stock	- 0.99	Retained Earnings
Cash And Short Term Investments	- 0.99	Net Debt
Net Tangible Assets	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Current Assets	- 0.97	Net Debt
Net Debt	- 0.97	Total Stockholder Equity