Flyht Aerospace Solutions Stock Today

FLY Stock  CAD 0.38  0.03  7.32%   

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Odds Of Distress

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FLYHT Aerospace is selling for under 0.38 as of the 18th of June 2024; that is -7.32 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.38. FLYHT Aerospace has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for FLYHT Aerospace Solutions are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of April 2024 and ending today, the 18th of June 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
FLYHT Aerospace Solutions Ltd. provides real-time aircraft intelligence and cockpit communications for the aerospace industry. FLYHT Aerospace Solutions Ltd. was founded in 1998 and is headquartered in Calgary, Canada. FLYHT AEROSPACE operates under Aerospace Defense classification in Canada and is traded on TSX Venture Exchange.. The company has 39 M outstanding shares of which 462 shares are currently shorted by private and institutional investors with about 0.11 days to cover all short positions. More on FLYHT Aerospace Solutions

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FLYHT Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FLYHT Aerospace's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FLYHT Aerospace or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorWilliam Tempany
Business ConcentrationAerospace & Defense, Industrials, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
FLYHT Aerospace's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to FLYHT Aerospace's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
FLYHT Aerospace can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FLYHT Aerospace's financial leverage. It provides some insight into what part of FLYHT Aerospace's total assets is financed by creditors.
Liquidity
FLYHT Aerospace cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. FLYHT Aerospace Solutions has accumulated 1.23 M in total debt with debt to equity ratio (D/E) of 400.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. FLYHT Aerospace Solutions has a current ratio of 1.74, which is within standard range for the sector. Debt can assist FLYHT Aerospace until it has trouble settling it off, either with new capital or with free cash flow. So, FLYHT Aerospace's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FLYHT Aerospace Solutions sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FLYHT to invest in growth at high rates of return. When we think about FLYHT Aerospace's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

2.85 Million
FLYHT Aerospace Solutions (FLY) is traded on TSX Venture Exchange in Canada and employs 7 people. FLYHT Aerospace is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FLYHT Aerospace's market, we take the total number of its shares issued and multiply it by FLYHT Aerospace's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. FLYHT Aerospace Solutions classifies itself under Aerospace & Defense sector and is part of Industrials industry. The entity has 39 M outstanding shares of which 462 shares are currently shorted by private and institutional investors with about 0.11 days to cover all short positions. FLYHT Aerospace Solutions has accumulated about 2.75 M in cash with 680.21 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check FLYHT Aerospace Probability Of Bankruptcy
Ownership Allocation
FLYHT Aerospace Solutions retains a total of 39 Million outstanding shares. Roughly 74.0 percent of FLYHT Aerospace outstanding shares are held by general public with 2.86 (percent) owned by insiders and only 23.38 % by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check FLYHT Ownership Details

FLYHT Aerospace Solutions Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. FLYHT Aerospace market risk premium is the additional return an investor will receive from holding FLYHT Aerospace long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FLYHT Aerospace. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although FLYHT Aerospace's alpha and beta are two of the key measurements used to evaluate FLYHT Aerospace's performance over the market, the standard measures of volatility play an important role as well.

FLYHT Stock Against Markets

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FLYHT Aerospace Corporate Management

Elected by the shareholders, the FLYHT Aerospace's board of directors comprises two types of representatives: FLYHT Aerospace inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FLYHT. The board's role is to monitor FLYHT Aerospace's management team and ensure that shareholders' interests are well served. FLYHT Aerospace's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FLYHT Aerospace's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gurjot BhullarVice OperationsProfile
Christopher CroteauLegal CounselProfile
Captain McMillanExecutive ChairProfile
CGA CPAChief OfficerProfile
Scott ChambersVice MarketingProfile

Additional Tools for FLYHT Stock Analysis

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