Drone Property Plant And Equipment Net vs Retained Earnings 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 Property Plant And Equipment Net and its Retained Earnings 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.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Drone Delivery's Property Plant And Equipment Net and Retained Earnings is -0.67. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings 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 Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Drone Delivery Canada are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., Drone Delivery's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.

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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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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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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.