Draganfly Historical Balance Sheet
DPRO Stock | USD 2.98 0.15 4.79% |
Trend analysis of Draganfly balance sheet accounts such as Net Tangible Assets of 6.4 M or Accounts Payable of 790.7 K provides information on Draganfly's total assets, liabilities, and equity, which is the actual value of Draganfly to its prevalent stockholders. By breaking down trends over time using Draganfly balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Draganfly latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Draganfly is a good buy for the upcoming year.
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About Draganfly Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Draganfly at a specified time, usually calculated after every quarter, six months, or one year. Draganfly Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Draganfly and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Draganfly currently owns. An asset can also be divided into two categories, current and non-current.
Draganfly Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Draganfly balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Draganfly are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Draganfly obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Draganfly are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Draganfly's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Draganfly current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.At this time, Draganfly's Property Plant And Equipment Net is very stable compared to the past year. As of the 23rd of March 2025, Cash is likely to grow to about 7.1 M, while Total Current Liabilities is likely to drop about 4.8 M.
2022 | 2023 | 2024 | 2025 (projected) | Total Current Liabilities | 3.3M | 7.4M | 8.5M | 4.8M | Other Current Liabilities | 2.4M | 5.7M | 6.5M | 6.9M |
Draganfly balance sheet Correlations
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Draganfly Account Relationship Matchups
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Draganfly balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Other Current Liab | 2.2M | 6.2M | 2.4M | 5.7M | 6.5M | 6.9M | |
Total Current Liabilities | 3.1M | 6.7M | 3.3M | 7.4M | 8.5M | 4.8M | |
Net Tangible Assets | 2.2M | 1.4M | 28.4M | 10.9M | 12.5M | 6.4M | |
Retained Earnings | (36.1M) | (52.3M) | (80.0M) | (103.6M) | (93.2M) | (88.6M) | |
Accounts Payable | 813.9K | 362.9K | 751.4K | 1.3M | 1.1M | 790.7K | |
Net Receivables | 810.8K | 1.6M | 2.3M | 649.6K | 747.1K | 895.9K | |
Inventory | 1.2M | 3.4M | 1.1M | 1.6M | 1.8M | 1.2M | |
Other Stockholder Equity | 3.0M | 6.4M | 7.3M | 6.9M | 7.9M | 4.4M | |
Total Current Assets | 4.4M | 33.6M | 13.5M | 6.7M | 7.7M | 9.7M | |
Common Stock | 36.9M | 81.0M | 83.6M | 97.1M | 111.6M | 117.2M | |
Property Plant Equipment | 234.5K | 290.8K | 759.9K | 749.4K | 861.9K | 904.9K | |
Total Assets | 7.1M | 42.1M | 14.6M | 8.3M | 9.6M | 13.9M | |
Short Long Term Debt Total | 256.0K | 582.4K | 465.2K | 875.1K | 787.6K | 582.2K | |
Total Stockholder Equity | 3.8M | 34.9M | 11.0M | 407.7K | 468.9K | 445.4K | |
Property Plant And Equipment Net | 298.3K | 765.1K | 749.4K | 1.4M | 1.6M | 1.7M | |
Current Deferred Revenue | 385.4K | 245.4K | 258.4K | 12.1K | 13.9K | 13.2K | |
Net Debt | (1.7M) | (22.5M) | (7.4M) | (2.2M) | (2.0M) | (2.1M) | |
Cash | 2.0M | 23.1M | 7.9M | 3.1M | 3.6M | 7.1M | |
Non Current Assets Total | 2.7M | 8.6M | 1.1M | 1.6M | 1.9M | 2.7M | |
Non Currrent Assets Other | (2.7M) | 964.0K | (1.1M) | 56.4K | 64.9K | 68.1K | |
Cash And Short Term Investments | 2.0M | 23.1M | 7.9M | 3.1M | 3.6M | 7.1M | |
Common Stock Shares Outstanding | 15.4M | 27.6M | 33.6M | 1.7M | 1.9M | 1.8M | |
Liabilities And Stockholders Equity | 7.1M | 42.1M | 14.6M | 8.3M | 9.6M | 13.9M | |
Non Current Liabilities Total | 104.9K | 465.2K | 249.7K | 523.6K | 602.1K | 632.2K | |
Capital Lease Obligations | 158.1K | 489.1K | 378.6K | 790.0K | 908.5K | 954.0K | |
Other Current Assets | 335.0K | 5.5M | 2.3M | 1.3M | 1.5M | 1.8M | |
Total Liab | 3.3M | 7.2M | 3.6M | 7.9M | 9.1M | 5.1M | |
Net Invested Capital | 3.9M | 35.0M | 11.1M | 492.8K | 566.7K | 538.4K | |
Property Plant And Equipment Gross | 298.3K | 1.2M | 1.6M | 2.7M | 3.2M | 3.3M | |
Accumulated Other Comprehensive Income | 3.0M | (196.1K) | 153.0K | 55.0K | 49.5K | 47.0K | |
Capital Stock | 36.9M | 81.0M | 83.6M | 97.1M | 111.6M | 62.2M | |
Net Working Capital | 1.2M | 26.8M | 10.2M | (717.0K) | (824.6K) | (783.3K) | |
Short Term Debt | 156.2K | 117.2K | 215.5K | 447.1K | 402.4K | 404.0K | |
Intangible Assets | 273.9K | 593.9K | 179.8K | 56.4K | 64.9K | 61.6K | |
Short Term Investments | 136.7K | 346.5K | 394.2K | 361.6K | 415.9K | 274.1K |
Pair Trading with Draganfly
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Draganfly position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Draganfly will appreciate offsetting losses from the drop in the long position's value.Moving together with Draganfly Stock
Moving against Draganfly Stock
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The ability to find closely correlated positions to Draganfly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Draganfly when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Draganfly - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Draganfly to buy it.
The correlation of Draganfly is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Draganfly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Draganfly moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Draganfly can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Industrial Machinery & Supplies & Components 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 Draganfly. If investors know Draganfly 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 Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.69) | Revenue Per Share | Quarterly Revenue Growth (0.12) | Return On Assets | Return On Equity |
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly'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 Draganfly's market value can be influenced by many factors that don't directly affect Draganfly'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 Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly'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.