Fastly Investments vs Capital Expenditures 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 Investments and its Capital Expenditures 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.
Investments vs Capital Expenditures
Investments vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastly Inc Cl Investments account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fastly's Investments and Capital Expenditures is -0.16. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures 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 Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Fastly Inc Cl are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., Fastly's Investments and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.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.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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