Red Tangible Book Value Per Share from 2010 to 2024

RCAT Stock  USD 7.70  0.02  0.26%   
Red Cat Tangible Book Value Per Share yearly trend continues to be comparatively stable with very little volatility. Tangible Book Value Per Share will likely drop to -86.87 in 2024. From the period from 2010 to 2024, Red Cat Tangible Book Value Per Share quarterly data regression had r-value of  0.29 and coefficient of variation of (533.23). View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
0.51035042
Current Value
(86.87)
Quarterly Volatility
3.5 K
 
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 Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Red Cat Holdings over the last few years. It is Red Cat's Tangible Book Value Per Share 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.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Red Tangible Book Value Per Share Regression Statistics

Arithmetic Mean(660.73)
Geometric Mean8.43
Coefficient Of Variation(533.23)
Mean Deviation1,654
Median(0.07)
Standard Deviation3,523
Sample Variance12.4M
Range16.1K
R-Value0.29
Mean Square Error12.3M
R-Squared0.08
Significance0.30
Slope226.48
Total Sum of Squares173.8M

Red Tangible Book Value Per Share History

2023 0.51
2022 0.56
2021 1.04
2020 -0.2
2019 -0.0697
2017 -86.87
2016 -152.79

About Red Cat Financial Statements

Red Cat shareholders use historical fundamental indicators, such as Tangible Book Value Per Share, 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
Tangible Book Value Per Share 0.51 (86.87)

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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.