Fastly Common Stock Shares Outstanding vs Short Term Investments Analysis

FSLY Stock  USD 8.60  0.16  1.83%   
Fastly financial indicator trend analysis is much more than just examining Fastly Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fastly Inc is a good investment. Please check the relationship between Fastly Common Stock Shares Outstanding and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastly Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Short Term Investments

Common Stock Shares Outstanding vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastly Inc Common Stock Shares Outstanding account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fastly's Common Stock Shares Outstanding and Short Term Investments is 0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Fastly Inc, assuming nothing else is changed. The correlation between historical values of Fastly's Common Stock Shares Outstanding and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Fastly Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Fastly's Common Stock Shares Outstanding and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Fastly balance sheet. It contains any investments Fastly Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Fastly Inc can easily liquidate in the marketplace.
Most indicators from Fastly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fastly Inc 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 Fastly Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Tax Provision is likely to rise to about 22.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 86.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.2M5.9M4.1M3.9M
Depreciation And Amortization78.6M71.3M87.6M51.2M

Fastly fundamental ratios Correlations

0.930.930.970.960.760.810.990.910.92-0.860.740.971.00.80.770.90.980.870.970.850.940.970.920.810.93
0.930.80.850.790.590.630.890.81.0-0.760.580.980.910.650.620.770.970.730.820.670.830.960.760.960.77
0.930.80.990.930.880.80.970.920.79-0.940.550.860.910.920.90.750.910.980.940.910.940.910.910.650.94
0.970.850.990.960.860.81.00.940.84-0.920.630.920.960.90.870.830.940.950.980.890.970.930.940.710.95
0.960.790.930.960.80.910.960.890.77-0.840.80.860.960.830.80.910.890.880.980.940.910.90.950.610.96
0.760.590.880.860.80.620.830.940.57-0.960.450.690.750.991.00.590.710.890.830.750.880.710.910.450.91
0.810.630.80.80.910.620.80.710.62-0.670.810.660.810.670.630.810.760.720.810.960.670.790.790.40.85
0.990.890.971.00.960.830.80.940.87-0.910.680.940.980.870.840.860.960.930.980.880.970.950.940.750.95
0.910.80.920.940.890.940.710.940.78-0.980.620.870.90.940.950.740.870.910.920.810.960.860.970.680.97
0.921.00.790.840.770.570.620.870.78-0.750.570.970.90.630.60.760.970.720.810.660.810.950.740.970.76
-0.86-0.76-0.94-0.92-0.84-0.96-0.67-0.91-0.98-0.75-0.48-0.82-0.84-0.97-0.97-0.62-0.84-0.94-0.87-0.81-0.92-0.83-0.92-0.64-0.94
0.740.580.550.630.80.450.810.680.620.57-0.480.640.780.450.430.880.630.480.750.690.630.620.740.440.73
0.970.980.860.920.860.690.660.940.870.97-0.820.640.960.730.710.830.980.810.910.720.920.950.850.920.84
1.00.910.910.960.960.750.810.980.90.9-0.840.780.960.790.760.920.960.850.980.840.940.950.930.80.92
0.80.650.920.90.830.990.670.870.940.63-0.970.450.730.791.00.630.770.910.850.80.890.780.920.50.93
0.770.620.90.870.81.00.630.840.950.6-0.970.430.710.761.00.580.730.90.830.770.880.740.910.480.92
0.90.770.750.830.910.590.810.860.740.76-0.620.880.830.920.630.580.840.650.910.750.80.830.850.640.82
0.980.970.910.940.890.710.760.960.870.97-0.840.630.980.960.770.730.840.830.910.810.891.00.850.880.87
0.870.730.980.950.880.890.720.930.910.72-0.940.480.810.850.910.90.650.830.90.880.930.830.880.580.9
0.970.820.940.980.980.830.810.980.920.81-0.870.750.910.980.850.830.910.910.90.870.970.90.960.680.95
0.850.670.910.890.940.750.960.880.810.66-0.810.690.720.840.80.770.750.810.880.870.780.830.840.450.9
0.940.830.940.970.910.880.670.970.960.81-0.920.630.920.940.890.880.80.890.930.970.780.860.950.720.93
0.970.960.910.930.90.710.790.950.860.95-0.830.620.950.950.780.740.831.00.830.90.830.860.850.850.88
0.920.760.910.940.950.910.790.940.970.74-0.920.740.850.930.920.910.850.850.880.960.840.950.850.610.99
0.810.960.650.710.610.450.40.750.680.97-0.640.440.920.80.50.480.640.880.580.680.450.720.850.610.61
0.930.770.940.950.960.910.850.950.970.76-0.940.730.840.920.930.920.820.870.90.950.90.930.880.990.61
Click cells to compare fundamentals

Fastly Account Relationship Matchups

Fastly fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets327.0M1.2B2.2B1.9B1.5B1.2B
Short Long Term Debt Total29.6M90.5M1.1B833.5M433.3M395.2M
Other Current Liab27.7M38.1M47.9M67.5M68.5M43.7M
Total Current Liabilities37.1M94.1M125.0M152.3M147.7M95.3M
Total Stockholder Equity257.7M1.0B1.0B955.2M979.5M624.1M
Other Liab1.0M4.4M2.6M7.1M8.1M8.5M
Net Tangible Assets247.7M304.5M274.6M156.6M180.1M134.3M
Property Plant And Equipment Net60.0M156.0M229.7M248.8M231.8M158.0M
Current Deferred Revenue317K15.9M26.4M28.0M33.8M35.5M
Net Debt13.5M27.6M885.9M690.1M325.4M306.4M
Retained Earnings(192.0M)(288.2M)(510.9M)(701.7M)(834.8M)(793.0M)
Accounts Payable4.6M9.2M9.3M4.8M5.6M6.3M
Cash16.1M62.9M166.1M143.4M107.9M88.7M
Non Current Assets Total75.2M901.3M1.5B1.3B1.1B771.7M
Non Currrent Assets Other13.7M45.4M29.5M92.6M90.8M95.3M
Other Assets10.1M45.4M29.5M92.6M106.5M111.8M
Long Term Debt39.4M20.1M933.2M704.7M343.5M378.4M
Cash And Short Term Investments131.1M194.2M527.9M518.0M322.7M287.2M
Net Receivables37.1M50.3M64.6M89.6M120.5M63.8M
Good Will372K578.2M636.8M670.2M670.4M401.8M
Common Stock Shares Outstanding68.4M103.6M116.1M121.7M128.8M109.4M
Short Term Investments115.0M131.3M361.8M374.6M214.8M198.5M
Liabilities And Stockholders Equity327.0M1.2B2.2B1.9B1.5B1.2B
Non Current Liabilities Total32.3M64.0M1.0B788.6M398.0M434.3M
Capital Surpluse16.4M449.5M1.4B1.5B1.8B1.8B
Other Current Assets81.1M16.8M32.2M28.9M20.5M30.6M
Other Stockholder Equity128.5M1.3B1.5B1.7B1.8B1.0B
Total Liab69.4M158.1M1.1B941.0M545.7M529.6M
Net Invested Capital277.7M1.1B1.9B1.7B1.3B959.6M
Property Plant And Equipment Gross60.0M156.0M229.7M248.8M413.6M434.3M
Total Current Assets251.8M261.3M624.6M636.5M463.7M382.0M
Accumulated Other Comprehensive Income196K6K(2.6M)(9.3M)(1.0M)(1.1M)
Non Current Liabilities Other404K64.0M80.0M7.1M4.4M4.2M
Net Working Capital212.2M167.2M492.8M484.2M316.0M285.3M
Short Term Debt4.5M30.9M41.4M52.0M39.7M28.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Fastly Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fastly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fastly Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fastly Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastly Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Fastly Stock analysis

When running Fastly's price analysis, check to measure Fastly'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 Fastly is operating at the current time. Most of Fastly's value examination focuses on studying past and present price action to predict the probability of Fastly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastly's price. Additionally, you may evaluate how the addition of Fastly to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Is Fastly's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fastly. If investors know Fastly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fastly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
3.982
Quarterly Revenue Growth
0.136
Return On Assets
(0.07)
Return On Equity
(0.14)
The market value of Fastly Inc is measured differently than its book value, which is the value of Fastly that is recorded on the company's balance sheet. Investors also form their own opinion of Fastly's value that differs from its market value or its book value, called intrinsic value, which is Fastly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fastly's market value can be influenced by many factors that don't directly affect Fastly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fastly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fastly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fastly'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.