Drone Ptb Ratio vs Free Cash Flow Yield Analysis

FLT Stock

CAD 0.17 0.01 5.56%

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 Ptb Ratio and its Free Cash Flow Yield 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.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Drone Delivery's Ptb Ratio and Free Cash Flow Yield is 0.34. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield 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 Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Drone Delivery Canada are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Drone Delivery's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

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Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 2025, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2025.

	2022	2023	2024	2025 (projected)
Minority Interest	826.5K	229.6K	264.0K	250.8K
Interest Income	297.3K	405.0K	465.7K	240.7K

Minority Interest Interest Income

Drone Delivery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Net Tangible Assets	Accounts Payable	Property Plant Equipment	Short Long Term Debt Total	Short Long Term Debt	Short Term Debt	Intangible Assets
Total Assets		0.31	0.89	1.0	-0.67	-0.64	0.99	0.76	0.14	0.94	0.23	0.72	-0.47	0.77	0.82	0.88	0.99	0.66	0.68	0.94	0.97	0.73	0.79	0.1	0.77	0.91
Other Current Liab	0.31		0.61	0.29	-0.39	0.05	0.3	0.06	0.59	0.22	0.19	0.16	-0.28	-0.05	0.3	0.56	0.34	-0.05	-0.02	0.21	0.24	0.02	0.73	-0.28	0.2	0.22
Total Current Liabilities	0.89	0.61		0.87	-0.54	-0.62	0.86	0.7	0.31	0.83	0.39	0.75	-0.53	0.67	0.86	0.99	0.88	0.62	0.6	0.85	0.87	0.69	0.86	0.11	0.76	0.87
Total Stockholder Equity	1.0	0.29	0.87		-0.68	-0.62	0.99	0.75	0.12	0.94	0.21	0.71	-0.45	0.76	0.8	0.86	0.99	0.65	0.67	0.94	0.97	0.72	0.78	0.09	0.76	0.9
Net Debt	-0.67	-0.39	-0.54	-0.68		-0.08	-0.69	-0.33	-0.14	-0.49	0.51	-0.02	0.15	-0.3	-0.3	-0.47	-0.69	0.07	-0.26	-0.4	-0.54	-0.17	-0.49	0.63	-0.12	-0.47
Retained Earnings	-0.64	0.05	-0.62	-0.62	-0.08		-0.59	-0.73	0.0	-0.74	-0.71	-0.95	0.48	-0.7	-0.8	-0.68	-0.59	-0.98	-0.68	-0.81	-0.71	-0.84	-0.41	-0.78	-0.92	-0.8
Cash	0.99	0.3	0.86	0.99	-0.69	-0.59		0.66	0.03	0.95	0.17	0.69	-0.46	0.75	0.75	0.83	1.0	0.63	0.57	0.93	0.94	0.64	0.77	0.08	0.75	0.86
Non Current Assets Total	0.76	0.06	0.7	0.75	-0.33	-0.73	0.66		0.37	0.68	0.37	0.7	-0.42	0.69	0.83	0.76	0.68	0.71	0.99	0.75	0.81	0.94	0.49	0.26	0.69	0.87
Non Currrent Assets Other	0.14	0.59	0.31	0.12	-0.14	0.0	0.03	0.37		-0.03	0.29	0.09	-0.15	-0.11	0.27	0.36	0.09	-0.04	0.39	0.06	0.18	0.35	0.46	-0.2	0.09	0.22
Cash And Short Term Investments	0.94	0.22	0.83	0.94	-0.49	-0.74	0.95	0.68	-0.03		0.36	0.8	-0.49	0.83	0.83	0.84	0.94	0.76	0.6	0.98	0.92	0.72	0.72	0.29	0.88	0.84
Net Receivables	0.23	0.19	0.39	0.21	0.51	-0.71	0.17	0.37	0.29	0.36		0.75	-0.38	0.32	0.54	0.47	0.19	0.72	0.36	0.48	0.36	0.54	0.44	0.82	0.69	0.39
Common Stock Shares Outstanding	0.72	0.16	0.75	0.71	-0.02	-0.95	0.69	0.7	0.09	0.8	0.75		-0.57	0.69	0.83	0.78	0.69	0.97	0.63	0.88	0.79	0.8	0.61	0.71	0.95	0.84
Short Term Investments	-0.47	-0.28	-0.53	-0.45	0.15	0.48	-0.46	-0.42	-0.15	-0.49	-0.38	-0.57		-0.52	-0.54	-0.54	-0.45	-0.47	-0.31	-0.53	-0.49	-0.43	-0.45	-0.28	-0.55	-0.46
Other Current Assets	0.77	-0.05	0.67	0.76	-0.3	-0.7	0.75	0.69	-0.11	0.83	0.32	0.69	-0.52		0.83	0.71	0.74	0.69	0.63	0.83	0.83	0.75	0.49	0.33	0.74	0.73
Other Stockholder Equity	0.82	0.3	0.86	0.8	-0.3	-0.8	0.75	0.83	0.27	0.83	0.54	0.83	-0.54	0.83		0.91	0.77	0.77	0.76	0.87	0.87	0.87	0.71	0.38	0.88	0.86
Total Liab	0.88	0.56	0.99	0.86	-0.47	-0.68	0.83	0.76	0.36	0.84	0.47	0.78	-0.54	0.71	0.91		0.86	0.67	0.68	0.87	0.89	0.77	0.84	0.18	0.8	0.88
Total Current Assets	0.99	0.34	0.88	0.99	-0.69	-0.59	1.0	0.68	0.09	0.94	0.19	0.69	-0.45	0.74	0.77	0.86		0.62	0.59	0.93	0.95	0.66	0.81	0.06	0.75	0.87
Common Stock	0.66	-0.05	0.62	0.65	0.07	-0.98	0.63	0.71	-0.04	0.76	0.72	0.97	-0.47	0.69	0.77	0.67	0.62		0.66	0.84	0.73	0.81	0.45	0.79	0.92	0.81
Property Plant And Equipment Net	0.68	-0.02	0.6	0.67	-0.26	-0.68	0.57	0.99	0.39	0.6	0.36	0.63	-0.31	0.63	0.76	0.68	0.59	0.66		0.67	0.74	0.92	0.4	0.25	0.61	0.81
Net Tangible Assets	0.94	0.21	0.85	0.94	-0.4	-0.81	0.93	0.75	0.06	0.98	0.48	0.88	-0.53	0.83	0.87	0.87	0.93	0.84	0.67		0.95	0.8	0.75	0.39	0.92	0.89
Accounts Payable	0.97	0.24	0.87	0.97	-0.54	-0.71	0.94	0.81	0.18	0.92	0.36	0.79	-0.49	0.83	0.87	0.89	0.95	0.73	0.74	0.95		0.82	0.78	0.22	0.81	0.93
Property Plant Equipment	0.73	0.02	0.69	0.72	-0.17	-0.84	0.64	0.94	0.35	0.72	0.54	0.8	-0.43	0.75	0.87	0.77	0.66	0.81	0.92	0.8	0.82		0.49	0.43	0.79	0.86
Short Long Term Debt Total	0.79	0.73	0.86	0.78	-0.49	-0.41	0.77	0.49	0.46	0.72	0.44	0.61	-0.45	0.49	0.71	0.84	0.81	0.45	0.4	0.75	0.78	0.49		0.05	0.66	0.67
Short Long Term Debt	0.1	-0.28	0.11	0.09	0.63	-0.78	0.08	0.26	-0.2	0.29	0.82	0.71	-0.28	0.33	0.38	0.18	0.06	0.79	0.25	0.39	0.22	0.43	0.05		0.64	0.31
Short Term Debt	0.77	0.2	0.76	0.76	-0.12	-0.92	0.75	0.69	0.09	0.88	0.69	0.95	-0.55	0.74	0.88	0.8	0.75	0.92	0.61	0.92	0.81	0.79	0.66	0.64		0.82
Intangible Assets	0.91	0.22	0.87	0.9	-0.47	-0.8	0.86	0.87	0.22	0.84	0.39	0.84	-0.46	0.73	0.86	0.88	0.87	0.81	0.81	0.89	0.93	0.86	0.67	0.31	0.82

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Drone Delivery Account Relationship Matchups

Drone Delivery fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	29.4M	33.0M	19.7M	10.3M	11.9M	13.4M
Other Current Liab	1.5M	167.9K	396.7K	103.2K	118.7K	112.8K
Total Current Liabilities	2.0M	2.0M	1.2M	891.1K	1.0M	1.0M
Total Stockholder Equity	27.1M	30.8M	18.5M	9.1M	10.5M	12.3M
Net Debt	(23.0M)	(27.3M)	(15.1M)	15.5M	14.0M	14.7M
Retained Earnings	(61.4M)	(76.1M)	(89.5M)	(99.4M)	(89.5M)	(85.0M)
Cash	23.5M	27.7M	15.3M	7.4M	8.5M	10.2M
Non Current Assets Total	4.5M	4.4M	3.5M	2.3M	2.6M	2.2M
Cash And Short Term Investments	9.8M	23.5M	27.7M	15.3M	17.6M	10.6M
Net Receivables	522.8K	421.3K	486.7K	3.5M	4.0M	4.2M
Common Stock Shares Outstanding	184.7M	222.1M	224.2M	224.2M	257.8M	270.7M
Liabilities And Stockholders Equity	17.7M	29.4M	33.0M	19.7M	22.7M	13.6M
Other Current Assets	892.8K	505.9K	343.6K	436.8K	502.3K	284.2K
Other Stockholder Equity	13.6M	18.9M	10.5M	11.7M	13.4M	7.1M
Total Liab	2.3M	2.2M	1.2M	1.2M	1.4M	1.1M
Total Current Assets	24.9M	28.6M	16.2M	8.0M	9.2M	11.4M
Common Stock	49.2M	69.5M	96.3M	96.3M	110.8M	116.3M
Property Plant And Equipment Net	3.6M	3.4M	2.6M	1.9M	2.2M	1.9M
Net Tangible Assets	14.8M	26.3M	29.8M	17.6M	20.3M	16.9M
Accounts Payable	1.6M	1.4M	909.9K	594.9K	684.1K	889.3K
Property Plant Equipment	3.9M	3.6M	3.4M	2.6M	3.0M	1.9M
Non Current Liabilities Total	308.5K	227.3K	19.8K	329.1K	378.5K	397.4K
Intangible Assets	844.5K	919.8K	878.5K	403.4K	463.9K	642.3K
Net Invested Capital	27.1M	30.8M	18.5M	9.1M	8.2M	15.4M
Net Working Capital	22.9M	26.6M	15.0M	7.1M	6.4M	6.1M
Capital Stock	49.2M	69.5M	96.3M	96.3M	110.8M	81.2M
Capital Lease Obligations	484.1K	410.6K	220.0K	600.3K	540.3K	373.6K
Property Plant And Equipment Gross	4.5M	4.9M	4.8M	4.5M	5.2M	5.1M

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