Drone Short Long Term Debt Total 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 Short Long Term Debt Total 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.

Short Long Term Debt Total vs Retained Earnings

Short Long Term Debt Total 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 Short Long Term Debt Total account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Drone Delivery's Short Long Term Debt Total and Retained Earnings is -0.46. Overlapping area represents the amount of variation of Short Long Term Debt Total 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 Short Long Term Debt Total 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 Short Long Term Debt Total 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 Short Long Term Debt Total i.e., Drone Delivery's Short Long Term Debt Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Long Term Debt Total

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

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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.