Red Cost Of Revenue vs Revenue Per Share Analysis

RCAT Stock  USD 9.18  1.39  13.15%   
Red Cat financial indicator trend analysis is much more than just breaking down Red Cat Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Red Cat Holdings is a good investment. Please check the relationship between Red Cat Cost Of Revenue and its Revenue Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Cat Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cost Of Revenue vs Revenue Per Share

Cost Of Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Cat Holdings Cost Of Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Red Cat's Cost Of Revenue and Revenue Per Share is -0.03. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Red Cat Holdings, assuming nothing else is changed. The correlation between historical values of Red Cat's Cost Of Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Red Cat Holdings are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., Red Cat's Cost Of Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Red Cat Holdings income statement and represents the costs associated with goods and services Red Cat provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Red Cat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Red Cat Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Cat Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Red Cat's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1,758 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.

Red Cat fundamental ratios Correlations

0.650.8-0.69-0.710.860.97-0.090.570.050.640.770.980.330.74-0.150.911.00.80.830.760.850.92-0.090.550.27
0.650.76-0.17-0.240.520.630.190.280.390.830.380.640.650.44-0.150.580.60.40.60.440.590.47-0.360.63-0.13
0.80.76-0.31-0.470.590.8-0.170.320.060.810.510.770.350.71-0.250.750.780.540.680.580.690.66-0.210.830.24
-0.69-0.17-0.310.91-0.9-0.760.18-0.88-0.06-0.26-0.91-0.61-0.16-0.510.04-0.8-0.7-0.9-0.73-0.82-0.33-0.86-0.10.0-0.32
-0.71-0.24-0.470.91-0.9-0.820.12-0.890.1-0.28-0.96-0.59-0.12-0.680.08-0.87-0.72-0.95-0.84-0.92-0.27-0.92-0.02-0.19-0.25
0.860.520.59-0.9-0.90.92-0.040.90.050.470.950.780.330.61-0.060.940.860.950.910.910.510.95-0.070.30.15
0.970.630.8-0.76-0.820.92-0.050.70.040.630.870.910.280.8-0.180.980.960.890.920.880.690.97-0.110.560.25
-0.090.19-0.170.180.12-0.04-0.050.00.08-0.06-0.05-0.11-0.26-0.01-0.21-0.12-0.12-0.060.210.02-0.11-0.060.12-0.14-0.18
0.570.280.32-0.88-0.890.90.70.00.030.240.90.440.140.390.00.790.570.870.80.850.120.80.010.110.07
0.050.390.06-0.060.10.050.040.080.030.63-0.020.060.38-0.09-0.330.01-0.01-0.020.070.00.07-0.05-0.140.080.29
0.640.830.81-0.26-0.280.470.63-0.060.240.630.360.620.490.49-0.40.580.590.390.550.430.570.47-0.260.680.35
0.770.380.51-0.91-0.960.950.87-0.050.9-0.020.360.660.270.72-0.030.920.771.00.910.970.320.940.00.190.16
0.980.640.77-0.61-0.590.780.91-0.110.440.060.620.660.360.67-0.120.820.980.70.730.640.920.85-0.070.530.27
0.330.650.35-0.16-0.120.330.28-0.260.140.380.490.270.360.190.240.290.320.280.220.210.310.22-0.360.11-0.27
0.740.440.71-0.51-0.680.610.8-0.010.39-0.090.490.720.670.19-0.130.750.740.750.750.760.460.760.070.440.24
-0.15-0.15-0.250.040.08-0.06-0.18-0.210.0-0.33-0.4-0.03-0.120.24-0.13-0.13-0.11-0.03-0.23-0.12-0.12-0.120.48-0.17-0.7
0.910.580.75-0.8-0.870.940.98-0.120.790.010.580.920.820.290.75-0.130.90.930.920.930.560.96-0.140.520.18
1.00.60.78-0.7-0.720.860.96-0.120.57-0.010.590.770.980.320.74-0.110.90.80.810.760.850.92-0.070.520.25
0.80.40.54-0.9-0.950.950.89-0.060.87-0.020.391.00.70.280.75-0.030.930.80.910.970.370.950.00.220.17
0.830.60.68-0.73-0.840.910.920.210.80.070.550.910.730.220.75-0.230.920.810.910.950.450.91-0.060.410.19
0.760.440.58-0.82-0.920.910.880.020.850.00.430.970.640.210.76-0.120.930.760.970.950.310.91-0.040.310.15
0.850.590.69-0.33-0.270.510.69-0.110.120.070.570.320.920.310.46-0.120.560.850.370.450.310.6-0.070.530.25
0.920.470.66-0.86-0.920.950.97-0.060.8-0.050.470.940.850.220.76-0.120.960.920.950.910.910.6-0.030.380.25
-0.09-0.36-0.21-0.1-0.02-0.07-0.110.120.01-0.14-0.260.0-0.07-0.360.070.48-0.14-0.070.0-0.06-0.04-0.07-0.03-0.250.04
0.550.630.830.0-0.190.30.56-0.140.110.080.680.190.530.110.44-0.170.520.520.220.410.310.530.38-0.250.04
0.27-0.130.24-0.32-0.250.150.25-0.180.070.290.350.160.27-0.270.24-0.70.180.250.170.190.150.250.250.040.04
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Red Cat Account Relationship Matchups

Red Cat fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8M11.7M85.1M60.2M48.5M51.0M
Short Long Term Debt Total568.8K2.0M3.0M2.1M2.3M1.3M
Total Current Liabilities829.3K4.7M5.4M4.8M3.7M2.0M
Net Debt332.1K1.7M(1.1M)(1.2M)(3.8M)(3.6M)
Retained Earnings(2.6M)(15.8M)(27.5M)(54.6M)(81.1M)(77.1M)
Cash236.7K277.3K4.1M3.3M6.1M6.4M
Non Current Assets Total2.5M10.1M29.4M28.0M26.1M27.4M
Non Currrent Assets Other33.5K91.7K3.9K57.0K293.1K194.6K
Net Receivables3.0K396.7K913.1K871.5K6.5M6.8M
Liabilities And Stockholders Equity2.8M11.7M85.1M60.2M48.5M51.0M
Non Current Liabilities Total450K1.8M1.7M822.8K1.3M1.4M
Total Liab1.3M6.4M7.2M5.6M5.0M2.9M
Total Current Assets318.3K1.6M55.7M32.2M22.4M23.5M
Short Term Debt118.8K269.0K1.3M1.4M1.1M773.4K
Common Stock Total Equity20.0K29.4K53.7K54.6K62.8K93.5K
Common Stock Shares Outstanding13.7M23.7M48.2M53.9M60.1M63.1M
Total Stockholder Equity1.5M5.3M77.9M54.6M43.6M45.7M
Accounts Payable249.1K541.9K1.0M1.4M1.6M1.7M
Cash And Short Term Investments236.7K277.3K48.9M16.1M6.1M5.4M
Other Stockholder Equity4.0M21.0M106.8M110.0M124.6M130.8M
Common Stock20.0K29.4K53.7K54.6K74.3K54.4K
Other Current Liab423.0K3.8M2.7M1.6M678.3K992.3K
Current Deferred Revenue38.4K46.1K437.9K400.7K53.9K56.6K
Other Current Assets3.0K603.9K2.0M6.4M1.8M1.0M
Inventory78.7K362.1K3.9M12.0M8.0M8.4M
Good Will2.5M8.0M25.1M17.0M9.1M9.9M
Net Tangible Assets(996.0K)(4.8M)50.1M30.3M34.8M36.5M
Net Invested Capital2.1M7.3M79.8M55.9M44.3M29.5M
Short Long Term Debt118.8K269.0K956.9K922.1K751.6K758.8K
Net Working Capital(510.9K)(3.0M)50.2M27.4M18.7M14.3M
Capital Stock58.9K50.7K63.6K64.4K74.3K57.2K

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