Fastly Capital Expenditures vs Depreciation Analysis
| 0A3P Stock | 8.19 0.25 3.15% |
Fastly financial indicator trend analysis is much more than just examining Fastly Inc Cl latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fastly Inc Cl is a good investment. Please check the relationship between Fastly Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fastly Inc Cl. 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.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastly Inc Cl Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Fastly's Capital Expenditures and Depreciation is 0.2. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Fastly Inc Cl, assuming nothing else is changed. The correlation between historical values of Fastly's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Fastly Inc Cl are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Fastly's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Fastly Inc Cl to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Fastly operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of Fastly Inc Cl value has been used up. For tax purposes Fastly can deduct the cost of the tangible assets it purchases as business expenses. However, Fastly Inc Cl must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Fastly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fastly Inc Cl 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Fastly Inc Cl. 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.
Fastly fundamental ratios Correlations
Click cells to compare fundamentals
Fastly Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fastly fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 7.7M | 21.6M | 53.2M | 43.1M | 49.6M | 52.0M | |
| Total Current Liabilities | 37.1M | 94.1M | 131.9M | 152.3M | 175.2M | 183.9M | |
| Other Liab | 1.0M | 4.4M | 2.6M | 7.1M | 8.1M | 8.5M | |
| Net Tangible Assets | 247.7M | 290.3M | 246.7M | 156.6M | 180.1M | 126.6M | |
| Retained Earnings | (192.0M) | (288.2M) | (510.9M) | (701.7M) | (631.5M) | (599.9M) | |
| Accounts Payable | 4.6M | 9.2M | 9.3M | 4.8M | 5.5M | 6.3M | |
| Other Assets | 10.1M | 24.9M | 29.5M | 92.6M | 106.5M | 111.8M | |
| Net Receivables | 37.1M | 50.3M | 64.6M | 89.6M | 103.0M | 52.3M | |
| Other Stockholder Equity | 196K | 6K | (2.6M) | (9.3M) | (8.4M) | (7.9M) | |
| Total Current Assets | 249.3M | 261.3M | 624.6M | 636.5M | 732.0M | 768.6M | |
| Property Plant Equipment | 51.5M | 141.8M | 208.7M | 203.3M | 233.8M | 123.8M |
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When running Fastly's price analysis, check to measure Fastly'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 Fastly is operating at the current time. Most of Fastly's value examination focuses on studying past and present price action to predict the probability of Fastly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastly's price. Additionally, you may evaluate how the addition of Fastly to your portfolios can decrease your overall portfolio volatility.