Drone Net Debt vs Total Stockholder Equity 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 Net Debt and its Total Stockholder Equity 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.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Drone Delivery's Net Debt and Total Stockholder Equity is -0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity 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 Net Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Drone Delivery Canada are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Drone Delivery's Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Income61.8K297.3K405.0K240.7K
Cost Of Revenue347.2K225.1K674.5K394.4K

Drone Delivery fundamental ratios Correlations

0.320.891.0-0.97-0.660.990.770.680.950.410.84-0.470.80.830.890.990.690.690.950.970.740.79-0.030.80.91
0.320.620.29-0.250.010.30.08-0.030.240.840.31-0.31-0.010.340.590.35-0.010.00.240.250.050.730.20.260.23
0.890.620.87-0.85-0.630.860.70.630.830.630.84-0.530.680.870.990.880.630.60.850.870.690.86-0.050.780.86
1.00.290.87-0.97-0.650.990.760.670.950.390.83-0.460.80.810.870.990.680.680.950.970.730.78-0.020.790.9
-0.97-0.25-0.85-0.970.73-0.98-0.67-0.7-0.99-0.28-0.860.49-0.81-0.81-0.84-0.97-0.77-0.58-0.98-0.94-0.7-0.770.19-0.87-0.86
-0.660.01-0.63-0.650.73-0.62-0.72-0.96-0.73-0.17-0.870.47-0.63-0.78-0.67-0.62-0.99-0.67-0.81-0.73-0.82-0.460.6-0.91-0.83
0.990.30.860.99-0.98-0.620.670.610.960.330.81-0.460.790.770.841.00.660.580.940.940.650.77-0.020.780.86
0.770.080.70.76-0.67-0.720.670.850.670.430.75-0.410.690.820.760.690.70.990.740.810.940.5-0.10.680.88
0.68-0.030.630.67-0.7-0.960.610.850.690.280.83-0.440.670.810.70.620.950.820.80.780.930.49-0.540.850.86
0.950.240.830.95-0.99-0.730.960.670.690.270.88-0.480.820.830.830.960.760.590.980.920.720.74-0.130.880.84
0.410.840.630.39-0.28-0.170.330.430.280.270.43-0.310.120.510.660.390.140.390.330.420.420.740.170.360.44
0.840.310.840.83-0.86-0.870.810.750.830.880.43-0.60.710.90.860.810.860.660.910.850.830.69-0.220.950.89
-0.47-0.31-0.53-0.460.490.47-0.46-0.41-0.44-0.48-0.31-0.6-0.5-0.53-0.53-0.45-0.46-0.3-0.52-0.49-0.41-0.460.16-0.54-0.46
0.8-0.010.680.8-0.81-0.630.790.690.670.820.120.71-0.50.810.710.780.640.620.820.850.720.52-0.110.70.75
0.830.340.870.81-0.81-0.780.770.820.810.830.510.9-0.530.810.910.790.760.760.870.880.860.73-0.160.880.87
0.890.590.990.87-0.84-0.670.840.760.70.830.660.86-0.530.710.910.870.660.670.860.890.770.85-0.080.80.88
0.990.350.880.99-0.97-0.621.00.690.620.960.390.81-0.450.780.790.870.660.60.940.950.670.81-0.020.780.87
0.69-0.010.630.68-0.77-0.990.660.70.950.760.140.86-0.460.640.760.660.660.650.840.750.80.49-0.620.910.83
0.690.00.60.68-0.58-0.670.580.990.820.590.390.66-0.30.620.760.670.60.650.660.740.920.41-0.120.60.81
0.950.240.850.95-0.98-0.810.940.740.80.980.330.91-0.520.820.870.860.940.840.660.950.80.77-0.260.920.89
0.970.250.870.97-0.94-0.730.940.810.780.920.420.85-0.490.850.880.890.950.750.740.950.820.79-0.160.830.93
0.740.050.690.73-0.7-0.820.650.940.930.720.420.83-0.410.720.860.770.670.80.920.80.820.51-0.240.780.87
0.790.730.860.78-0.77-0.460.770.50.490.740.740.69-0.460.520.730.850.810.490.410.770.790.51-0.130.710.68
-0.030.2-0.05-0.020.190.6-0.02-0.1-0.54-0.130.17-0.220.16-0.11-0.16-0.08-0.02-0.62-0.12-0.26-0.16-0.24-0.13-0.4-0.19
0.80.260.780.79-0.87-0.910.780.680.850.880.360.95-0.540.70.880.80.780.910.60.920.830.780.71-0.40.84
0.910.230.860.9-0.86-0.830.860.880.860.840.440.89-0.460.750.870.880.870.830.810.890.930.870.68-0.190.84
Click cells to compare fundamentals

Drone Delivery Account Relationship Matchups

Drone Delivery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.7M29.4M33.0M19.7M10.3M13.4M
Other Current Liab1.5M167.9K396.7K103.2K118.7K112.8K
Total Current Liabilities1.7M2.0M2.0M1.2M891.1K1.0M
Total Stockholder Equity15.5M27.1M30.8M18.5M9.1M12.3M
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)
Cash9.8M23.5M27.7M15.3M7.4M10.2M
Non Current Assets Total4.6M4.5M4.4M3.5M2.3M2.2M
Cash And Short Term Investments9.8M23.5M27.7M15.3M17.6M10.6M
Net Receivables3.1M522.8K421.3K486.7K167.8K159.4K
Common Stock Shares Outstanding172.8M184.7M222.1M224.2M224.2M123.8M
Liabilities And Stockholders Equity17.7M29.4M33.0M19.7M22.7M13.6M
Other Current Assets202.6K892.8K505.9K343.6K395.1K267.8K
Other Stockholder Equity13.6M18.9M10.5M11.7M13.4M7.1M
Total Liab2.2M2.3M2.2M1.2M1.2M1.1M
Total Current Assets13.1M24.9M28.6M16.2M8.0M11.4M
Common Stock49.2M69.5M96.3M96.3M110.8M116.3M
Property Plant And Equipment Net3.9M3.6M3.4M2.6M1.9M1.9M
Net Tangible Assets14.8M26.3M29.8M17.6M20.3M16.9M
Accounts Payable983.7K1.6M1.4M909.9K594.9K889.3K
Property Plant Equipment3.9M3.6M3.4M2.6M3.0M1.9M
Non Current Liabilities Total463.8K308.5K227.3K19.8K329.1K185.4K
Intangible Assets713.2K844.5K919.8K878.5K403.4K642.3K
Net Invested Capital15.5M27.1M30.8M18.5M9.1M15.4M
Net Working Capital11.4M22.9M26.6M15.0M7.1M13.3M
Capital Stock49.2M69.5M96.3M96.3M110.8M81.2M
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.

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Drone Stock analysis

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.
Stocks Directory
Find actively traded stocks across global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bonds Directory
Find actively traded corporate debentures issued by US companies
Please note, there is a significant difference between Drone Delivery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Drone Delivery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Drone Delivery'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.