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 DirectionPositive 
Relationship StrengthInsignificant

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

Fastly Account Relationship Matchups

Fastly fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab7.7M21.6M53.2M43.1M49.6M52.0M
Total Current Liabilities37.1M94.1M131.9M152.3M175.2M183.9M
Other Liab1.0M4.4M2.6M7.1M8.1M8.5M
Net Tangible Assets247.7M290.3M246.7M156.6M180.1M126.6M
Retained Earnings(192.0M)(288.2M)(510.9M)(701.7M)(631.5M)(599.9M)
Accounts Payable4.6M9.2M9.3M4.8M5.5M6.3M
Other Assets10.1M24.9M29.5M92.6M106.5M111.8M
Net Receivables37.1M50.3M64.6M89.6M103.0M52.3M
Other Stockholder Equity196K6K(2.6M)(9.3M)(8.4M)(7.9M)
Total Current Assets249.3M261.3M624.6M636.5M732.0M768.6M
Property Plant Equipment51.5M141.8M208.7M203.3M233.8M123.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Fastly Stock Analysis

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.