Drone Free Cash Flow Yield vs Capex To Depreciation 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 Yield and its Capex To Depreciation 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 Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation 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 Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Drone Delivery's Free Cash Flow Yield and Capex To Depreciation is -0.63. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation 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 Yield and Capex To Depreciation 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 Yield of Drone Delivery Canada are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Drone Delivery's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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

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		0.27	0.89	1.0	-0.97	-0.82	0.99	0.79	0.77	0.99	0.41	0.83	-0.51	0.83	0.89	0.89	0.99	0.79	0.71	0.99	0.97	0.81	0.76	-0.14	0.91	0.9
Other Current Liab	0.27		0.59	0.24	-0.25	-0.03	0.25	0.04	-0.03	0.24	0.81	0.21	-0.31	-0.01	0.34	0.57	0.3	-0.01	-0.03	0.24	0.21	0.05	0.73	0.2	0.26	0.15
Total Current Liabilities	0.89	0.59		0.87	-0.85	-0.74	0.86	0.71	0.68	0.86	0.64	0.81	-0.55	0.7	0.91	0.99	0.88	0.69	0.62	0.87	0.88	0.73	0.84	-0.11	0.84	0.84
Total Stockholder Equity	1.0	0.24	0.87		-0.97	-0.81	0.99	0.79	0.76	0.99	0.38	0.83	-0.5	0.83	0.88	0.87	0.99	0.79	0.71	0.99	0.97	0.8	0.75	-0.15	0.9	0.9
Net Debt	-0.97	-0.25	-0.85	-0.97		0.78	-0.99	-0.67	-0.7	-0.99	-0.32	-0.82	0.49	-0.81	-0.81	-0.84	-0.99	-0.77	-0.58	-0.98	-0.95	-0.7	-0.77	0.19	-0.87	-0.83
Retained Earnings	-0.82	-0.03	-0.74	-0.81	0.78		-0.77	-0.83	-0.95	-0.77	-0.32	-0.95	0.48	-0.67	-0.82	-0.74	-0.78	-0.98	-0.77	-0.85	-0.85	-0.86	-0.5	0.49	-0.92	-0.97
Cash	0.99	0.25	0.86	0.99	-0.99	-0.77		0.7	0.7	1.0	0.32	0.8	-0.5	0.82	0.83	0.85	1.0	0.76	0.61	0.98	0.95	0.72	0.75	-0.13	0.88	0.85
Non Current Assets Total	0.79	0.04	0.71	0.79	-0.67	-0.83	0.7		0.89	0.7	0.44	0.75	-0.44	0.69	0.86	0.75	0.72	0.77	0.99	0.77	0.82	0.97	0.47	-0.19	0.76	0.89
Non Currrent Assets Other	0.77	-0.03	0.68	0.76	-0.7	-0.95	0.7	0.89		0.69	0.39	0.91	-0.44	0.67	0.81	0.71	0.71	0.95	0.86	0.8	0.84	0.93	0.49	-0.54	0.85	0.94
Cash And Short Term Investments	0.99	0.24	0.86	0.99	-0.99	-0.77	1.0	0.7	0.69		0.31	0.8	-0.48	0.82	0.83	0.84	1.0	0.76	0.61	0.98	0.95	0.72	0.74	-0.13	0.88	0.85
Net Receivables	0.41	0.81	0.64	0.38	-0.32	-0.32	0.32	0.44	0.39	0.31		0.45	-0.35	0.15	0.56	0.68	0.38	0.27	0.4	0.39	0.44	0.48	0.77	-0.03	0.46	0.42
Common Stock Shares Outstanding	0.83	0.21	0.81	0.83	-0.82	-0.95	0.8	0.75	0.91	0.8	0.45		-0.57	0.65	0.82	0.79	0.81	0.96	0.67	0.88	0.87	0.79	0.65	-0.57	0.95	0.94
Short Term Investments	-0.51	-0.31	-0.55	-0.5	0.49	0.48	-0.5	-0.44	-0.44	-0.48	-0.35	-0.57		-0.5	-0.53	-0.54	-0.5	-0.46	-0.33	-0.52	-0.52	-0.41	-0.46	0.16	-0.54	-0.5
Other Current Assets	0.83	-0.01	0.7	0.83	-0.81	-0.67	0.82	0.69	0.67	0.82	0.15	0.65	-0.5		0.81	0.71	0.81	0.64	0.64	0.82	0.87	0.72	0.52	-0.11	0.7	0.75
Other Stockholder Equity	0.89	0.34	0.91	0.88	-0.81	-0.82	0.83	0.86	0.81	0.83	0.56	0.82	-0.53	0.81		0.92	0.86	0.76	0.79	0.87	0.92	0.86	0.73	-0.16	0.88	0.91
Total Liab	0.89	0.57	0.99	0.87	-0.84	-0.74	0.85	0.75	0.71	0.84	0.68	0.79	-0.54	0.71	0.92		0.87	0.68	0.68	0.87	0.89	0.78	0.85	-0.1	0.82	0.84
Total Current Assets	0.99	0.3	0.88	0.99	-0.99	-0.78	1.0	0.72	0.71	1.0	0.38	0.81	-0.5	0.81	0.86	0.87		0.76	0.63	0.99	0.96	0.74	0.78	-0.13	0.89	0.86
Common Stock	0.79	-0.01	0.69	0.79	-0.77	-0.98	0.76	0.77	0.95	0.76	0.27	0.96	-0.46	0.64	0.76	0.68	0.76		0.71	0.84	0.83	0.8	0.49	-0.62	0.91	0.94
Property Plant And Equipment Net	0.71	-0.03	0.62	0.71	-0.58	-0.77	0.61	0.99	0.86	0.61	0.4	0.67	-0.33	0.64	0.79	0.68	0.63	0.71		0.69	0.76	0.95	0.39	-0.19	0.67	0.82
Net Tangible Assets	0.99	0.24	0.87	0.99	-0.98	-0.85	0.98	0.77	0.8	0.98	0.39	0.88	-0.52	0.82	0.87	0.87	0.99	0.84	0.69		0.98	0.8	0.77	-0.26	0.92	0.91
Accounts Payable	0.97	0.21	0.88	0.97	-0.95	-0.85	0.95	0.82	0.84	0.95	0.44	0.87	-0.52	0.87	0.92	0.89	0.96	0.83	0.76	0.98		0.86	0.76	-0.25	0.9	0.91
Property Plant Equipment	0.81	0.05	0.73	0.8	-0.7	-0.86	0.72	0.97	0.93	0.72	0.48	0.79	-0.41	0.72	0.86	0.78	0.74	0.8	0.95	0.8	0.86		0.51	-0.24	0.78	0.91
Short Long Term Debt Total	0.76	0.73	0.84	0.75	-0.77	-0.5	0.75	0.47	0.49	0.74	0.77	0.65	-0.46	0.52	0.73	0.85	0.78	0.49	0.39	0.77	0.76	0.51		-0.13	0.71	0.6
Short Long Term Debt	-0.14	0.2	-0.11	-0.15	0.19	0.49	-0.13	-0.19	-0.54	-0.13	-0.03	-0.57	0.16	-0.11	-0.16	-0.1	-0.13	-0.62	-0.19	-0.26	-0.25	-0.24	-0.13		-0.4	-0.36
Short Term Debt	0.91	0.26	0.84	0.9	-0.87	-0.92	0.88	0.76	0.85	0.88	0.46	0.95	-0.54	0.7	0.88	0.82	0.89	0.91	0.67	0.92	0.9	0.78	0.71	-0.4		0.95
Intangible Assets	0.9	0.15	0.84	0.9	-0.83	-0.97	0.85	0.89	0.94	0.85	0.42	0.94	-0.5	0.75	0.91	0.84	0.86	0.94	0.82	0.91	0.91	0.91	0.6	-0.36	0.95

Click cells to compare fundamentals

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	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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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.

You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Drone Delivery's price analysis, check to measure Drone Delivery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Drone Delivery is operating at the current time. Most of Drone Delivery's value examination focuses on studying past and present price action to predict the probability of Drone Delivery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Delivery's price. Additionally, you may evaluate how the addition of Drone Delivery to your portfolios can decrease your overall portfolio volatility.

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Drone Free Cash Flow Yield vs Capex To Depreciation Analysis

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Capex To Depreciation

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
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets

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