Drone Free Cash Flow Per Share vs Price Earnings Ratio Analysis
FLT Stock | CAD 0.21 0.01 4.55% |
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 Free Cash Flow Per Share and its Price Earnings Ratio 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.
Free Cash Flow Per Share vs Price Earnings Ratio
Free Cash Flow Per Share vs Price Earnings Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Free Cash Flow Per Share account and Price Earnings Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Drone Delivery's Free Cash Flow Per Share and Price Earnings Ratio is -0.56. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price Earnings Ratio 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 Free Cash Flow Per Share and Price Earnings Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Drone Delivery Canada are associated (or correlated) with its Price Earnings Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Earnings Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Drone Delivery's Free Cash Flow Per Share and Price Earnings Ratio go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Price Earnings Ratio
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. Sales General And Administrative To Revenue is likely to climb to 30.54 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.57) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 61.8K | 297.3K | 458.6K | 255.4K | Cost Of Revenue | 347.2K | 225.1K | 368.1K | 327.0K |
Drone Delivery fundamental ratios Correlations
Click cells to compare fundamentals
Drone Delivery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Drone Delivery fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.7M | 29.4M | 33.0M | 19.7M | 22.7M | 13.6M | |
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 | 1.4M | 1.0M | |
Total Stockholder Equity | 15.5M | 27.1M | 30.8M | 18.5M | 21.3M | 12.5M | |
Net Debt | (9.2M) | (23.0M) | (27.3M) | (15.1M) | (13.6M) | (14.2M) | |
Retained Earnings | (47.2M) | (61.4M) | (76.1M) | (89.5M) | (80.5M) | (76.5M) | |
Cash | 9.8M | 23.5M | 27.7M | 15.3M | 17.6M | 10.3M | |
Non Current Assets Total | 4.6M | 4.5M | 4.4M | 3.5M | 4.0M | 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 | 559.7K | 687.9K | |
Common Stock Shares Outstanding | 172.8M | 184.7M | 222.1M | 224.2M | 257.8M | 270.7M | |
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 | 1.4M | 1.1M | |
Total Current Assets | 13.1M | 24.9M | 28.6M | 16.2M | 18.7M | 11.6M | |
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 | 3.0M | 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 | 1.0M | 918.6K | |
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 | 22.8K | 21.6K | |
Intangible Assets | 713.2K | 844.5K | 919.8K | 878.5K | 1.0M | 670.6K | |
Net Invested Capital | 15.5M | 27.1M | 30.8M | 18.5M | 21.3M | 23.1M | |
Net Working Capital | 11.4M | 22.9M | 26.6M | 15.0M | 17.3M | 20.0M | |
Capital Stock | 49.2M | 69.5M | 96.3M | 96.3M | 110.8M | 76.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Drone Delivery in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Drone Delivery's short interest history, or implied volatility extrapolated from Drone Delivery options trading.
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