Fastly Depreciation vs Total Cashflows From Investing Activities Analysis
0A3P Stock | 7.94 0.06 0.76% |
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 Depreciation and its Total Cashflows From Investing Activities 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.
Depreciation vs Total Cashflows From Investing Activities
Depreciation vs Total Cashflows From Investing Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastly Inc Cl Depreciation account and Total Cashflows From Investing Activities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fastly's Depreciation and Total Cashflows From Investing Activities is 0.16. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Total Cashflows From Investing Activities 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 Depreciation and Total Cashflows From Investing Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Fastly Inc Cl are associated (or correlated) with its Total Cashflows From Investing Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cashflows From Investing Activities has no effect on the direction of Depreciation i.e., Fastly's Depreciation and Total Cashflows From Investing Activities go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.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
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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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