Fastly Net Receivables vs Other Stockholder Equity 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 Net Receivables and its Other Stockholder Equity 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.
Net Receivables vs Other Stockholder Equity
Net Receivables vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastly Inc Cl Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Fastly's Net Receivables and Other Stockholder Equity is -0.87. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity 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 Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Fastly Inc Cl are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Fastly's Net Receivables and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Other Stockholder Equity
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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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.