Red Net Tangible Assets from 2010 to 2024

RCAT Stock  USD 11.77  2.50  26.97%   
Red Cat Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Red Cat Holdings minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
34.8 M
Current Value
36.5 M
Quarterly Volatility
17.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Cat financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Cat's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 0.0 or Selling General Administrative of 1.6 M, as well as many indicators such as Price To Sales Ratio of 1.4 K, Dividend Yield of 0.0 or Days Sales Outstanding of 14.87. Red financial statements analysis is a perfect complement when working with Red Cat Valuation or Volatility modules.
  
Check out the analysis of Red Cat Correlation against competitors.

Latest Red Cat's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Red Cat Holdings over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Red Cat's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Cat's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Red Net Tangible Assets Regression Statistics

Arithmetic Mean9,985,349
Coefficient Of Variation179.52
Mean Deviation14,895,212
Median514,060
Standard Deviation17,925,985
Sample Variance321.3T
Range54.9M
R-Value0.70
Mean Square Error176.7T
R-Squared0.49
Significance0
Slope2,803,812
Total Sum of Squares4498.8T

Red Net Tangible Assets History

202436.5 M
202334.8 M
202230.3 M
202150.1 M
2020-4.8 M
2019-996 K
2018-187.3 K

About Red Cat Financial Statements

Red Cat shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Red Cat investors may analyze each financial statement separately, they are all interrelated. The changes in Red Cat's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Cat's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets34.8 M36.5 M

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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.