Red Gross Profit Margin vs Total Current Liabilities Analysis

RCAT Stock

USD 1.13 0.28 19.86%

Red Cat financial indicator trend analysis is much more than just breaking down Red Cat Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Red Cat Holdings is a good investment. Please check the relationship between Red Cat Gross Profit Margin and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Cat Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Gross Profit Margin vs Total Current Liabilities

Gross Profit Margin vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Cat Holdings Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Red Cat's Gross Profit Margin and Total Current Liabilities is 0.43. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Red Cat Holdings, assuming nothing else is changed. The correlation between historical values of Red Cat's Gross Profit Margin and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Red Cat Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Gross Profit Margin i.e., Red Cat's Gross Profit Margin and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Gross Profit Margin

Total Current Liabilities

Total Current Liabilities is an item on Red Cat balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Red Cat Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Red Cat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Red Cat Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Cat Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

At this time, Red Cat's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1,846 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Red Cat fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock Shares Outstanding	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Common Stock	Other Current Liab	Current Deferred Revenue
Total Assets		0.62	0.89	-0.74	-0.81	0.99	0.98	-0.16	0.97	0.02	0.75	0.87	0.99	0.34	0.84	-0.13	0.95	1.0	0.88	0.87	0.85	0.91	0.97	-0.13	0.51	0.38
Short Long Term Debt Total	0.62		0.69	-0.09	-0.23	0.63	0.6	0.15	0.55	0.37	0.78	0.4	0.61	0.66	0.39	-0.15	0.58	0.58	0.4	0.52	0.44	0.62	0.48	-0.39	0.65	-0.08
Total Current Liabilities	0.89	0.69		-0.47	-0.72	0.88	0.92	-0.22	0.92	0.04	0.85	0.79	0.85	0.34	0.81	-0.19	0.93	0.87	0.79	0.85	0.82	0.74	0.85	-0.23	0.73	0.34
Net Debt	-0.74	-0.09	-0.47		0.77	-0.74	-0.7	0.39	-0.71	-0.05	-0.41	-0.74	-0.76	-0.17	-0.66	0.07	-0.68	-0.76	-0.75	-0.6	-0.64	-0.67	-0.77	-0.12	0.0	-0.59
Retained Earnings	-0.81	-0.23	-0.72	0.77		-0.8	-0.85	0.29	-0.87	0.19	-0.49	-0.91	-0.76	-0.12	-0.91	0.13	-0.84	-0.82	-0.91	-0.83	-0.86	-0.58	-0.91	0.04	-0.28	-0.48
Cash	0.99	0.63	0.88	-0.74	-0.8		0.98	-0.16	0.96	0.03	0.74	0.9	0.98	0.42	0.86	-0.08	0.95	0.99	0.91	0.89	0.86	0.88	0.96	-0.15	0.44	0.33
Non Current Assets Total	0.98	0.6	0.92	-0.7	-0.85	0.98		-0.14	0.99	0.01	0.77	0.92	0.95	0.29	0.91	-0.16	0.99	0.98	0.93	0.93	0.92	0.82	0.98	-0.15	0.53	0.38
Non Currrent Assets Other	-0.16	0.15	-0.22	0.39	0.29	-0.16	-0.14		-0.19	0.09	-0.12	-0.16	-0.16	-0.28	-0.1	-0.2	-0.21	-0.18	-0.17	0.03	-0.09	-0.15	-0.15	0.13	-0.14	-0.2
Net Receivables	0.97	0.55	0.92	-0.71	-0.87	0.96	0.99	-0.19		-0.02	0.74	0.93	0.93	0.27	0.93	-0.06	0.98	0.96	0.94	0.92	0.92	0.79	0.98	-0.03	0.53	0.37
Non Current Liabilities Total	0.02	0.37	0.04	-0.05	0.19	0.03	0.01	0.09	-0.02		0.56	-0.06	0.03	0.36	-0.07	-0.33	-0.02	-0.03	-0.06	0.0	-0.04	0.06	-0.08	-0.14	0.08	0.27
Total Liab	0.75	0.78	0.85	-0.41	-0.49	0.74	0.77	-0.12	0.74	0.56		0.61	0.72	0.47	0.62	-0.34	0.76	0.71	0.62	0.7	0.65	0.65	0.66	-0.28	0.65	0.42
Property Plant And Equipment Gross	0.87	0.4	0.79	-0.74	-0.91	0.9	0.92	-0.16	0.93	-0.06	0.61		0.82	0.3	0.98	-0.03	0.93	0.87	1.0	0.96	0.97	0.61	0.95	-0.07	0.23	0.35
Total Current Assets	0.99	0.61	0.85	-0.76	-0.76	0.98	0.95	-0.16	0.93	0.03	0.72	0.82		0.36	0.77	-0.1	0.91	0.99	0.83	0.81	0.78	0.95	0.94	-0.11	0.49	0.36
Short Term Debt	0.34	0.66	0.34	-0.17	-0.12	0.42	0.29	-0.28	0.27	0.36	0.47	0.3	0.36		0.2	0.23	0.31	0.32	0.31	0.26	0.23	0.33	0.24	-0.38	0.11	-0.23
Intangible Assets	0.84	0.39	0.81	-0.66	-0.91	0.86	0.91	-0.1	0.93	-0.07	0.62	0.98	0.77	0.2		-0.06	0.92	0.84	0.98	0.97	0.98	0.55	0.93	-0.03	0.31	0.35
Common Stock Total Equity	-0.13	-0.15	-0.19	0.07	0.13	-0.08	-0.16	-0.2	-0.06	-0.33	-0.34	-0.03	-0.1	0.23	-0.06		-0.13	-0.1	-0.03	-0.18	-0.12	-0.1	-0.12	0.48	-0.17	-0.68
Common Stock Shares Outstanding	0.95	0.58	0.93	-0.68	-0.84	0.95	0.99	-0.21	0.98	-0.02	0.76	0.93	0.91	0.31	0.92	-0.13		0.95	0.93	0.93	0.94	0.76	0.96	-0.2	0.54	0.34
Total Stockholder Equity	1.0	0.58	0.87	-0.76	-0.82	0.99	0.98	-0.18	0.96	-0.03	0.71	0.87	0.99	0.32	0.84	-0.1	0.95		0.89	0.86	0.84	0.91	0.97	-0.11	0.49	0.36
Property Plant And Equipment Net	0.88	0.4	0.79	-0.75	-0.91	0.91	0.93	-0.17	0.94	-0.06	0.62	1.0	0.83	0.31	0.98	-0.03	0.93	0.89		0.96	0.97	0.62	0.95	-0.06	0.24	0.35
Accounts Payable	0.87	0.52	0.85	-0.6	-0.83	0.89	0.93	0.03	0.92	0.0	0.7	0.96	0.81	0.26	0.97	-0.18	0.93	0.86	0.96		0.98	0.61	0.92	-0.11	0.35	0.35
Other Assets	0.85	0.44	0.82	-0.64	-0.86	0.86	0.92	-0.09	0.92	-0.04	0.65	0.97	0.78	0.23	0.98	-0.12	0.94	0.84	0.97	0.98		0.56	0.91	-0.1	0.33	0.33
Cash And Short Term Investments	0.91	0.62	0.74	-0.67	-0.58	0.88	0.82	-0.15	0.79	0.06	0.65	0.61	0.95	0.33	0.55	-0.1	0.76	0.91	0.62	0.61	0.56		0.8	-0.09	0.52	0.31
Other Stockholder Equity	0.97	0.48	0.85	-0.77	-0.91	0.96	0.98	-0.15	0.98	-0.08	0.66	0.95	0.94	0.24	0.93	-0.12	0.96	0.97	0.95	0.92	0.91	0.8		-0.09	0.4	0.41
Common Stock	-0.13	-0.39	-0.23	-0.12	0.04	-0.15	-0.15	0.13	-0.03	-0.14	-0.28	-0.07	-0.11	-0.38	-0.03	0.48	-0.2	-0.11	-0.06	-0.11	-0.1	-0.09	-0.09		-0.25	0.02
Other Current Liab	0.51	0.65	0.73	0.0	-0.28	0.44	0.53	-0.14	0.53	0.08	0.65	0.23	0.49	0.11	0.31	-0.17	0.54	0.49	0.24	0.35	0.33	0.52	0.4	-0.25		0.05
Current Deferred Revenue	0.38	-0.08	0.34	-0.59	-0.48	0.33	0.38	-0.2	0.37	0.27	0.42	0.35	0.36	-0.23	0.35	-0.68	0.34	0.36	0.35	0.35	0.33	0.31	0.41	0.02	0.05

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Red Cat Account Relationship Matchups

Red Cat fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8M	11.7M	85.1M	60.2M	69.2M	72.7M
Short Long Term Debt Total	568.8K	2.0M	3.0M	2.1M	2.4M	1.2M
Total Current Liabilities	829.3K	4.7M	5.4M	4.8M	5.5M	5.7M
Net Debt	332.1K	1.7M	(1.1M)	(1.2M)	(1.1M)	(1.0M)
Retained Earnings	(2.6M)	(15.8M)	(27.5M)	(54.6M)	(49.1M)	(46.7M)
Cash	236.7K	277.3K	4.1M	3.3M	3.7M	3.9M
Non Current Assets Total	2.5M	10.1M	29.4M	28.0M	32.2M	33.8M
Non Currrent Assets Other	33.5K	91.7K	3.9K	57.0K	51.3K	48.8K
Net Receivables	3.0K	396.7K	913.1K	932.6K	1.1M	1.1M
Liabilities And Stockholders Equity	2.8M	11.7M	85.1M	60.2M	69.2M	72.7M
Non Current Liabilities Total	450K	1.8M	1.7M	822.8K	946.3K	1.4M
Total Liab	1.3M	6.4M	7.2M	5.6M	6.4M	6.7M
Total Current Assets	318.3K	1.6M	55.7M	32.2M	37.0M	38.9M
Short Term Debt	118.8K	269.0K	1.3M	1.3M	1.4M	746.0K
Common Stock Total Equity	20.0K	29.4K	53.7K	54.6K	62.8K	93.5K
Common Stock Shares Outstanding	13.7M	23.7M	48.2M	53.9M	61.9M	65.0M
Total Stockholder Equity	1.5M	5.3M	77.9M	54.6M	62.8M	65.9M
Accounts Payable	249.1K	541.9K	1.0M	2.0M	2.3M	2.4M
Cash And Short Term Investments	236.7K	277.3K	48.9M	16.1M	18.5M	19.4M
Other Stockholder Equity	4.0M	21.0M	106.8M	110.0M	126.5M	132.8M
Common Stock	20.0K	29.4K	53.7K	54.6K	49.1K	54.0K
Other Current Liab	423.0K	3.8M	2.7M	1.1M	1.3M	969.9K
Current Deferred Revenue	38.4K	46.1K	437.9K	400.7K	460.8K	483.8K
Other Current Assets	3.0K	603.9K	2.0M	3.3M	3.8M	4.0M
Inventory	78.7K	362.1K	3.9M	12.0M	13.8M	14.5M
Good Will	2.5M	8.0M	25.1M	17.0M	19.6M	9.9M
Net Tangible Assets	(996.0K)	(4.8M)	50.1M	30.3M	34.8M	36.5M
Net Invested Capital	2.1M	7.3M	79.8M	55.9M	64.3M	67.5M
Short Long Term Debt	118.8K	269.0K	956.9K	922.1K	829.9K	785.1K
Net Working Capital	(510.9K)	(3.0M)	50.2M	27.4M	31.5M	33.1M
Capital Stock	58.9K	50.7K	63.6K	64.4K	74.1K	52.3K

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 Red Cat 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, Red Cat's short interest history, or implied volatility extrapolated from Red Cat options trading.

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When determining whether Red Cat Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Red Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Red Cat Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Red Cat Holdings Stock:

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Cat Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the Red Cat Holdings information on this page should be used as a complementary analysis to other Red Cat's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Red Cat's price analysis, check to measure Red Cat'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 Red Cat is operating at the current time. Most of Red Cat's value examination focuses on studying past and present price action to predict the probability of Red Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Cat's price. Additionally, you may evaluate how the addition of Red Cat to your portfolios can decrease your overall portfolio volatility.

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Is Red Cat'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 Red Cat. If investors know Red 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 Red Cat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.50)

Revenue Per Share

0.326

Quarterly Revenue Growth

2.507

Return On Assets

(0.23)

Return On Equity

(0.47)

The market value of Red Cat Holdings is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Cat's value that differs from its market value or its book value, called intrinsic value, which is Red Cat'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 Red Cat's market value can be influenced by many factors that don't directly affect Red Cat'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 Red Cat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Cat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Cat'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.

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Red Gross Profit Margin vs Total Current Liabilities Analysis

Gross Profit Margin vs Total Current Liabilities

Gross Profit Margin vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Gross Profit Margin

Total Current Liabilities

Red Cat fundamental ratios Correlations

Red Cat Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Red Cat fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Property Plant And Equipment Gross
Cash	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Cash
Net Receivables	+ 0.99	Non Current Assets Total

Other Stockholder Equity	- 0.91	Retained Earnings
Property Plant And Equipment Net	- 0.91	Retained Earnings
Intangible Assets	- 0.91	Retained Earnings
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Net Receivables	- 0.87	Retained Earnings
Other Assets	- 0.86	Retained Earnings