Red Retained Earnings vs Total Liab Analysis
| RCAT Stock | USD 1.06 0.05 4.95% |
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 Retained Earnings and its Total Liab 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.
Retained Earnings vs Total Liab
Retained Earnings vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Cat Holdings Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Red Cat's Retained Earnings and Total Liab is -0.49. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab 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 Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Red Cat Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., Red Cat's Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.49 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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
Click cells to compare fundamentals
Red Cat Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 together with Red Stock
| 0.82 | VRME | VerifyMe | PairCorr |
Moving against Red Stock
| 0.76 | VIAV | Viavi Solutions Fiscal Year End 8th of August 2024 | PairCorr |
| 0.75 | EBON | Ebang International | PairCorr |
| 0.7 | FFIV | F5 Networks Fiscal Year End 22nd of October 2024 | PairCorr |
| 0.68 | CDW | CDW Corp | PairCorr |
| 0.65 | EMKR | EMCORE Fiscal Year End 10th of December 2024 | PairCorr |
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.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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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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.