Draganfly Net Invested Capital vs Retained Earnings Analysis

DPRO Stock

USD 2.95 0.29 10.90%

Draganfly financial indicator trend analysis is much more than just examining Draganfly latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Draganfly is a good investment. Please check the relationship between Draganfly Net Invested Capital and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Draganfly Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Draganfly's Net Invested Capital and Retained Earnings is -0.33. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Draganfly, assuming nothing else is changed. The correlation between historical values of Draganfly's Net Invested Capital 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 Net Invested Capital of Draganfly 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 Net Invested Capital i.e., Draganfly's Net Invested Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 Draganfly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Draganfly 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.As of the 29th of November 2024, Selling General Administrative is likely to drop to about 13.6 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 12 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.6M	790.7K	2.1M	1.7M
Total Revenue	7.1M	7.6M	6.6M	5.2M

Gross Profit Total Revenue

Draganfly fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab
Other Current Liab		0.78	0.9	-0.74	-0.56	0.17	0.64	0.93	0.84	0.81	0.88	0.83	0.82	-0.51	0.73	0.78	0.36	-0.77	0.76	0.82	0.11	0.76	0.77	0.05	0.83	0.75
Total Current Liabilities	0.78		0.5	-0.44	0.05	-0.28	0.19	0.6	0.42	0.44	0.49	0.45	0.46	0.12	0.32	0.5	-0.07	-0.36	0.41	0.49	0.44	0.41	0.25	-0.19	0.49	1.0
Net Tangible Assets	0.9	0.5		-0.68	-0.81	0.38	0.8	0.95	0.89	0.96	0.89	0.84	0.95	-0.68	0.92	0.71	0.48	-0.95	0.93	0.89	0.09	0.93	0.81	0.35	0.96	0.47
Retained Earnings	-0.74	-0.44	-0.68		0.55	0.14	-0.69	-0.62	-0.88	-0.52	-0.9	-0.96	-0.52	0.67	-0.39	-0.98	-0.19	0.45	-0.39	-0.42	0.13	-0.39	-0.81	0.15	-0.57	-0.4
Accounts Payable	-0.56	0.05	-0.81	0.55		-0.65	-0.78	-0.75	-0.73	-0.81	-0.69	-0.72	-0.81	0.91	-0.82	-0.57	-0.64	0.83	-0.77	-0.76	0.26	-0.77	-0.8	-0.38	-0.78	0.09
Other Assets	0.17	-0.28	0.38	0.14	-0.65		0.19	0.41	0.12	0.42	0.11	0.05	0.44	-0.57	0.57	-0.08	0.58	-0.52	0.49	0.55	-0.3	0.49	0.4	0.3	0.34	-0.31
Net Receivables	0.64	0.19	0.8	-0.69	-0.78	0.19		0.74	0.89	0.8	0.84	0.8	0.77	-0.72	0.77	0.62	0.69	-0.78	0.74	0.63	-0.29	0.74	0.79	0.59	0.8	0.15
Inventory	0.93	0.6	0.95	-0.62	-0.75	0.41	0.74		0.8	0.94	0.81	0.78	0.95	-0.61	0.9	0.66	0.57	-0.92	0.91	0.96	0.01	0.91	0.77	0.28	0.94	0.57
Other Stockholder Equity	0.84	0.42	0.89	-0.88	-0.73	0.12	0.89	0.8		0.77	0.99	0.94	0.75	-0.75	0.71	0.84	0.47	-0.74	0.7	0.63	-0.15	0.7	0.92	0.26	0.79	0.38
Total Current Assets	0.81	0.44	0.96	-0.52	-0.81	0.42	0.8	0.94	0.77		0.75	0.73	1.0	-0.59	0.98	0.56	0.54	-0.99	0.99	0.94	0.13	0.99	0.67	0.49	1.0	0.41
Common Stock	0.88	0.49	0.89	-0.9	-0.69	0.11	0.84	0.81	0.99	0.75		0.95	0.74	-0.73	0.68	0.87	0.43	-0.72	0.68	0.63	-0.12	0.68	0.92	0.18	0.78	0.45
Property Plant Equipment	0.83	0.45	0.84	-0.96	-0.72	0.05	0.8	0.78	0.94	0.73	0.95		0.73	-0.75	0.62	0.96	0.32	-0.67	0.62	0.63	-0.07	0.62	0.86	0.02	0.76	0.42
Total Assets	0.82	0.46	0.95	-0.52	-0.81	0.44	0.77	0.95	0.75	1.0	0.74	0.73		-0.6	0.97	0.57	0.54	-0.98	0.98	0.96	0.12	0.98	0.67	0.44	0.99	0.43
Short Long Term Debt Total	-0.51	0.12	-0.68	0.67	0.91	-0.57	-0.72	-0.61	-0.75	-0.59	-0.73	-0.75	-0.6		-0.61	-0.66	-0.6	0.62	-0.53	-0.55	0.48	-0.53	-0.91	-0.17	-0.57	0.17
Total Stockholder Equity	0.73	0.32	0.92	-0.39	-0.82	0.57	0.77	0.9	0.71	0.98	0.68	0.62	0.97	-0.61		0.42	0.63	-1.0	0.99	0.93	0.05	0.99	0.66	0.6	0.95	0.29
Property Plant And Equipment Net	0.78	0.5	0.71	-0.98	-0.57	-0.08	0.62	0.66	0.84	0.56	0.87	0.96	0.57	-0.66	0.42		0.13	-0.48	0.43	0.5	-0.02	0.43	0.78	-0.24	0.61	0.46
Current Deferred Revenue	0.36	-0.07	0.48	-0.19	-0.64	0.58	0.69	0.57	0.47	0.54	0.43	0.32	0.54	-0.6	0.63	0.13		-0.57	0.53	0.56	-0.7	0.53	0.61	0.62	0.48	-0.11
Net Debt	-0.77	-0.36	-0.95	0.45	0.83	-0.52	-0.78	-0.92	-0.74	-0.99	-0.72	-0.67	-0.98	0.62	-1.0	-0.48	-0.57		-0.99	-0.93	-0.1	-0.99	-0.67	-0.54	-0.97	-0.34
Cash	0.76	0.41	0.93	-0.39	-0.77	0.49	0.74	0.91	0.7	0.99	0.68	0.62	0.98	-0.53	0.99	0.43	0.53	-0.99		0.93	0.18	1.0	0.6	0.56	0.97	0.38
Non Current Assets Total	0.82	0.49	0.89	-0.42	-0.76	0.55	0.63	0.96	0.63	0.94	0.63	0.63	0.96	-0.55	0.93	0.5	0.56	-0.93	0.93		0.08	0.93	0.62	0.32	0.92	0.46
Non Currrent Assets Other	0.11	0.44	0.09	0.13	0.26	-0.3	-0.29	0.01	-0.15	0.13	-0.12	-0.07	0.12	0.48	0.05	-0.02	-0.7	-0.1	0.18	0.08		0.18	-0.41	-0.14	0.18	0.47
Cash And Short Term Investments	0.76	0.41	0.93	-0.39	-0.77	0.49	0.74	0.91	0.7	0.99	0.68	0.62	0.98	-0.53	0.99	0.43	0.53	-0.99	1.0	0.93	0.18		0.6	0.56	0.97	0.38
Common Stock Total Equity	0.77	0.25	0.81	-0.81	-0.8	0.4	0.79	0.77	0.92	0.67	0.92	0.86	0.67	-0.91	0.66	0.78	0.61	-0.67	0.6	0.62	-0.41	0.6		0.15	0.67	0.2
Common Stock Shares Outstanding	0.05	-0.19	0.35	0.15	-0.38	0.3	0.59	0.28	0.26	0.49	0.18	0.02	0.44	-0.17	0.6	-0.24	0.62	-0.54	0.56	0.32	-0.14	0.56	0.15		0.45	-0.19
Other Current Assets	0.83	0.49	0.96	-0.57	-0.78	0.34	0.8	0.94	0.79	1.0	0.78	0.76	0.99	-0.57	0.95	0.61	0.48	-0.97	0.97	0.92	0.18	0.97	0.67	0.45		0.47
Total Liab	0.75	1.0	0.47	-0.4	0.09	-0.31	0.15	0.57	0.38	0.41	0.45	0.42	0.43	0.17	0.29	0.46	-0.11	-0.34	0.38	0.46	0.47	0.38	0.2	-0.19	0.47

Click cells to compare fundamentals

Draganfly Account Relationship Matchups

Draganfly fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	172.3K	2.2M	6.2M	2.4M	5.7M	2.9M
Total Current Liabilities	937.4K	3.1M	6.7M	3.3M	7.4M	4.8M
Net Tangible Assets	2.2M	1.4M	28.4M	10.9M	12.5M	6.4M
Retained Earnings	(28.1M)	(36.1M)	(52.3M)	(80.0M)	(103.6M)	(98.4M)
Accounts Payable	688.3K	813.9K	362.9K	751.4K	1.3M	790.7K
Net Receivables	224.7K	810.8K	1.6M	2.3M	649.6K	895.9K
Inventory	48.6K	1.2M	3.4M	1.1M	1.6M	1.2M
Other Stockholder Equity	2.5M	3.0M	6.4M	7.3M	6.9M	4.4M
Total Current Assets	3.0M	4.4M	33.6M	13.5M	6.7M	9.7M
Common Stock	27.8M	36.9M	81.0M	83.6M	97.1M	55.2M
Property Plant Equipment	234.5K	290.8K	759.9K	749.4K	861.9K	904.9K
Total Assets	3.2M	7.1M	42.1M	14.6M	8.3M	13.9M
Short Long Term Debt Total	136.1K	256.0K	582.4K	465.2K	875.1K	582.2K
Total Stockholder Equity	2.2M	3.8M	34.9M	11.0M	407.7K	387.3K
Property Plant And Equipment Net	245.1K	298.3K	765.1K	749.4K	1.4M	1.5M
Net Debt	(2.3M)	(1.7M)	(22.5M)	(7.4M)	(2.2M)	(2.3M)
Cash	2.4M	2.0M	23.1M	7.9M	3.1M	2.9M
Non Current Assets Total	246.5K	2.7M	8.6M	1.1M	1.6M	2.7M
Non Currrent Assets Other	(246.5K)	(2.7M)	964.0K	(1.1M)	56.4K	59.2K
Cash And Short Term Investments	2.4M	2.0M	23.1M	7.9M	3.1M	2.9M
Common Stock Shares Outstanding	13.9M	15.4M	27.6M	33.6M	1.7M	1.6M
Liabilities And Stockholders Equity	3.2M	7.1M	42.1M	14.6M	8.3M	13.9M
Non Current Liabilities Total	93.1K	104.9K	465.2K	249.7K	523.6K	263.4K
Capital Lease Obligations	136.1K	158.1K	489.1K	378.6K	790.0K	829.5K
Other Current Assets	272.6K	335.0K	5.5M	2.3M	1.3M	1.8M
Total Liab	1.0M	3.3M	7.2M	3.6M	7.9M	5.1M
Net Invested Capital	2.2M	3.9M	35.0M	11.1M	492.8K	468.1K
Property Plant And Equipment Gross	245.1K	298.3K	1.2M	1.6M	2.7M	2.9M
Accumulated Other Comprehensive Income	2.5M	3.0M	(196.1K)	153.0K	55.0K	52.2K
Capital Stock	27.8M	36.9M	81.0M	83.6M	97.1M	62.2M
Net Working Capital	2.0M	1.2M	26.8M	10.2M	(717.0K)	(681.2K)
Short Term Debt	43K	156.2K	117.2K	215.5K	447.1K	404.0K
Intangible Assets	1.4K	273.9K	593.9K	179.8K	56.4K	53.6K

Pair Trading with Draganfly

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 Draganfly 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 Draganfly will appreciate offsetting losses from the drop in the long position's value.

Moving against Draganfly Stock

0.39	NPK	National Presto Indu	Pair Corr
0.33	ERJ	Embraer SA ADR	Pair Corr

The ability to find closely correlated positions to Draganfly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Draganfly 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 Draganfly - 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 Draganfly to buy it.

The correlation of Draganfly 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 Draganfly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Draganfly 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 Draganfly 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

When determining whether Draganfly offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Draganfly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Draganfly Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Draganfly Stock:

How To Invest In Draganfly

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Is Draganfly Stock a good investment?

Details

What is Draganfly's Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Is Industrial Machinery & Supplies & Components space 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 Draganfly. If investors know Draganfly 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 Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(3.76)

Revenue Per Share

2.826

Quarterly Revenue Growth

(0.09)

Return On Assets

(0.86)

Return On Equity

(6.07)

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

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Invested Capital

Retained Earnings

Draganfly fundamental ratios Correlations

Draganfly Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Draganfly fundamental ratios Accounts

Pair Trading with Draganfly

Moving against Draganfly Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Assets	+ 1.0	Total Current Assets
Other Current Assets	+ 1.0	Total Current Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Other Stockholder Equity
Cash	+ 0.99	Total Current Assets

Net Debt	- 1.0	Total Stockholder Equity
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.99	Total Current Assets
Net Debt	- 0.98	Total Assets
Property Plant And Equipment Net	- 0.98	Retained Earnings