Fastly Other Current Assets vs Retained Earnings 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 Other Current Assets and its Retained Earnings 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.
Other Current Assets vs Retained Earnings
Other Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastly Inc Cl Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fastly's Other Current Assets and Retained Earnings is 0.18. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings 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 Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Fastly Inc Cl are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Fastly's Other Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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.