Drone Total Assets vs Short Long Term Debt Analysis

FLT Stock  CAD 0.15  0.01  7.14%   
Drone Delivery financial indicator trend analysis is much more than just examining Drone Delivery Canada latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Drone Delivery Canada is a good investment. Please check the relationship between Drone Delivery Total Assets and its Short Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Drone Delivery's Total Assets and Short Long Term Debt is 0.11. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Drone Delivery Canada, assuming nothing else is changed. The correlation between historical values of Drone Delivery's Total Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Drone Delivery Canada are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Drone Delivery's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Drone Delivery assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Drone Delivery Canada books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Drone Delivery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Drone Delivery Canada 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 Drone Delivery Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 58.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2024.
 2021 2022 2023 2024 (projected)
Minority Interest897.6K826.5K229.6K218.1K
Interest Income61.8K297.3K405.0K240.7K

Drone Delivery fundamental ratios Correlations

0.320.891.0-0.71-0.660.990.770.140.950.270.84-0.470.790.830.890.990.690.690.950.970.740.790.110.80.91
0.320.620.29-0.360.010.30.080.580.240.330.31-0.31-0.020.340.590.35-0.010.00.240.250.050.73-0.250.260.23
0.890.620.87-0.59-0.630.860.70.310.830.430.84-0.530.680.870.990.880.630.60.850.870.690.860.10.780.86
1.00.290.87-0.72-0.650.990.760.120.950.250.83-0.460.790.810.870.990.680.680.950.970.730.780.110.790.9
-0.71-0.36-0.59-0.720.01-0.73-0.4-0.11-0.580.39-0.380.2-0.44-0.4-0.55-0.73-0.03-0.33-0.49-0.59-0.27-0.490.56-0.25-0.51
-0.660.01-0.63-0.650.01-0.62-0.72-0.02-0.73-0.68-0.870.47-0.65-0.78-0.67-0.62-0.99-0.67-0.81-0.73-0.82-0.46-0.78-0.91-0.83
0.990.30.860.99-0.73-0.620.670.030.960.210.81-0.460.780.770.841.00.660.580.940.940.650.770.10.780.86
0.770.080.70.76-0.4-0.720.670.390.670.370.75-0.410.680.820.760.690.70.990.740.810.940.50.230.680.88
0.140.580.310.12-0.11-0.020.030.39-0.010.420.19-0.17-0.080.290.380.09-0.010.40.080.190.380.46-0.180.120.23
0.950.240.830.95-0.58-0.730.960.67-0.010.340.88-0.480.820.830.830.960.760.590.980.920.720.740.260.880.84
0.270.330.430.250.39-0.680.210.370.420.340.55-0.370.240.530.490.240.680.360.470.380.530.550.720.660.42
0.840.310.840.83-0.38-0.870.810.750.190.880.55-0.60.720.90.860.810.860.660.910.850.830.690.460.950.89
-0.47-0.31-0.53-0.460.20.47-0.46-0.41-0.17-0.48-0.37-0.6-0.5-0.53-0.53-0.45-0.46-0.3-0.52-0.49-0.41-0.46-0.25-0.54-0.46
0.79-0.020.680.79-0.44-0.650.780.68-0.080.820.240.72-0.50.810.70.770.660.620.830.850.730.520.240.710.74
0.830.340.870.81-0.4-0.780.770.820.290.830.530.9-0.530.810.910.790.760.760.870.880.860.730.330.880.87
0.890.590.990.87-0.55-0.670.840.760.380.830.490.86-0.530.70.910.870.660.670.860.890.770.850.140.80.88
0.990.350.880.99-0.73-0.621.00.690.090.960.240.81-0.450.770.790.870.660.60.940.950.670.810.090.780.87
0.69-0.010.630.68-0.03-0.990.660.7-0.010.760.680.86-0.460.660.760.660.660.650.840.750.80.490.770.910.83
0.690.00.60.68-0.33-0.670.580.990.40.590.360.66-0.30.620.760.670.60.650.660.740.920.410.220.60.81
0.950.240.850.95-0.49-0.810.940.740.080.980.470.91-0.520.830.870.860.940.840.660.950.80.770.360.920.89
0.970.250.870.97-0.59-0.730.940.810.190.920.380.85-0.490.850.880.890.950.750.740.950.820.790.220.830.93
0.740.050.690.73-0.27-0.820.650.940.380.720.530.83-0.410.730.860.770.670.80.920.80.820.510.390.780.87
0.790.730.860.78-0.49-0.460.770.50.460.740.550.69-0.460.520.730.850.810.490.410.770.790.510.080.710.68
0.11-0.250.10.110.56-0.780.10.23-0.180.260.720.46-0.250.240.330.140.090.770.220.360.220.390.080.610.33
0.80.260.780.79-0.25-0.910.780.680.120.880.660.95-0.540.710.880.80.780.910.60.920.830.780.710.610.84
0.910.230.860.9-0.51-0.830.860.880.230.840.420.89-0.460.740.870.880.870.830.810.890.930.870.680.330.84
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Drone Delivery Account Relationship Matchups

Drone Delivery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.7M29.4M33.0M19.7M10.3M13.4M
Other Current Liab1.5M167.9K396.7K103.2K118.7K112.8K
Total Current Liabilities1.7M2.0M2.0M1.2M891.1K1.0M
Total Stockholder Equity15.5M27.1M30.8M18.5M9.1M12.3M
Net Debt(9.2M)(23.0M)(27.3M)(15.1M)15.5M16.3M
Retained Earnings(47.2M)(61.4M)(76.1M)(89.5M)(99.4M)(94.5M)
Cash9.8M23.5M27.7M15.3M7.4M10.2M
Non Current Assets Total4.6M4.5M4.4M3.5M2.3M2.2M
Non Currrent Assets Other370.2K592.9K4.6M(1.0)(1.15)(1.09)
Cash And Short Term Investments9.8M23.5M27.7M15.3M17.6M10.6M
Net Receivables3.1M522.8K421.3K486.7K3.5M3.7M
Common Stock Shares Outstanding172.8M184.7M222.1M224.2M224.2M123.8M
Liabilities And Stockholders Equity17.7M29.4M33.0M19.7M22.7M13.6M
Other Current Assets202.6K892.8K505.9K343.6K436.8K284.2K
Other Stockholder Equity13.6M18.9M10.5M11.7M13.4M7.1M
Total Liab2.2M2.3M2.2M1.2M1.2M1.1M
Total Current Assets13.1M24.9M28.6M16.2M8.0M11.4M
Common Stock49.2M69.5M96.3M96.3M110.8M116.3M
Property Plant And Equipment Net3.9M3.6M3.4M2.6M1.9M1.9M
Net Tangible Assets14.8M26.3M29.8M17.6M20.3M16.9M
Accounts Payable983.7K1.6M1.4M909.9K594.9K889.3K
Property Plant Equipment3.9M3.6M3.4M2.6M3.0M1.9M
Non Current Liabilities Total463.8K308.5K227.3K19.8K329.1K185.4K
Intangible Assets713.2K844.5K919.8K878.5K403.4K642.3K
Net Invested Capital15.5M27.1M30.8M18.5M9.1M15.4M
Net Working Capital11.4M22.9M26.6M15.0M7.1M13.3M
Capital Stock49.2M69.5M96.3M96.3M110.8M81.2M

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Additional Tools for Drone Stock Analysis

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