Drone Intangible Assets vs Property Plant Equipment 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 Intangible Assets and its Property Plant Equipment 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.
Intangible Assets vs Property Plant Equipment
Intangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Drone Delivery's Intangible Assets and Property Plant Equipment is 0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment 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 Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Drone Delivery Canada are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Drone Delivery's Intangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Property Plant Equipment
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 |
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 | 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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Try AI Portfolio ArchitectCheck 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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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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