Red Long Term Debt vs Retained Earnings Analysis

RCAT Stock

USD 0.81 0.07 7.95%

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 Long Term Debt and its Retained Earnings 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 closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Debt vs Retained Earnings

Long Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Cat Holdings Long Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Red Cat's Long Term Debt and Retained Earnings is -0.02. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Retained Earnings 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 Long Term Debt 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 Long Term Debt of Red Cat Holdings 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 Long Term Debt i.e., Red Cat's Long Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Red Cat Holdings has held for over one year. Long-term debt appears on Red Cat Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Red Cat Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 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 closely tied 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

Pair Trading with Red Cat

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Cat position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Cat will appreciate offsetting losses from the drop in the long position's value.

Moving against Red Stock

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0.61	VIAV	Viavi Solutions Fiscal Year End 8th of August 2024	Pair Corr
0.58	JBL	Jabil Circuit Financial Report 20th of June 2024	Pair Corr
0.56	FEIM	Frequency Electronics	Pair Corr
0.56	FFIV	F5 Networks Fiscal Year End 22nd of October 2024	Pair Corr

The ability to find closely correlated positions to Red Cat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Cat when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Cat - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Cat Holdings to buy it.

The correlation of Red Cat is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Cat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Cat Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Red Cat can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Red Stock Analysis

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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