Fly Change In Working Capital from 2010 to 2024

FLYE Stock  USD 0.46  0.01  2.22%   
Fly E's Change In Working Capital is decreasing over the years with very volatile fluctuation. Change In Working Capital is expected to dwindle to about -864.1 K. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2010-12-31
Previous Quarter
-822.9 K
Current Value
-864.1 K
Quarterly Volatility
383.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fly E financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fly E's main balance sheet or income statement drivers, such as Tax Provision of 797.9 K, Depreciation And Amortization of 2.1 M or Interest Expense of 92.6 K, as well as many indicators such as Price To Sales Ratio of 5.74, Dividend Yield of 0.0 or PTB Ratio of 16.24. Fly financial statements analysis is a perfect complement when working with Fly E Valuation or Volatility modules.
  
Check out the analysis of Fly E Correlation against competitors.

Latest Fly E's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Fly E Group, Common over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Fly E's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fly E's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Very volatile
   Change In Working Capital   
       Timeline  

Fly Change In Working Capital Regression Statistics

Arithmetic Mean(1,239,591)
Coefficient Of Variation(30.95)
Mean Deviation175,042
Median(1,196,208)
Standard Deviation383,659
Sample Variance147.2B
Range1.7M
R-Value(0.09)
Mean Square Error157.2B
R-Squared0.01
Significance0.74
Slope(7,915)
Total Sum of Squares2.1T

Fly Change In Working Capital History

2024-864.1 K
2023-822.9 K
2022-2.6 M

About Fly E Financial Statements

Fly E stakeholders use historical fundamental indicators, such as Fly E's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although Fly E investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fly E's assets and liabilities are reflected in the revenues and expenses on Fly E's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fly E Group, Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Working Capital-822.9 K-864.1 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Fly E Group, is a strong investment it is important to analyze Fly E's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fly E's future performance. For an informed investment choice regarding Fly Stock, refer to the following important reports:
Check out the analysis of Fly E Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Automobile Manufacturers 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 Fly E. If investors know Fly 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 Fly E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
18.624
Earnings Share
(0.02)
Revenue Per Share
1.455
Quarterly Revenue Growth
0.004
Return On Assets
0.0551
The market value of Fly E Group, is measured differently than its book value, which is the value of Fly that is recorded on the company's balance sheet. Investors also form their own opinion of Fly E's value that differs from its market value or its book value, called intrinsic value, which is Fly E'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 Fly E's market value can be influenced by many factors that don't directly affect Fly E'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 Fly E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fly E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fly E'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.