Drone Net Income vs Operating Income Analysis

FLT Stock

CAD 0.14 0.01 7.69%

Drone Delivery financial indicator trend analysis is much more than just examining Drone Delivery Canada latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Drone Delivery Canada is a good investment. Please check the relationship between Drone Delivery Net Income and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. 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 Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between Drone Delivery's Net Income and Operating Income is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Drone Delivery Canada, assuming nothing else is changed. The correlation between historical values of Drone Delivery's Net Income and Operating Income 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 Income of Drone Delivery Canada are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Drone Delivery's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Drone Delivery Canada financial statement analysis. It represents the amount of money remaining after all of Drone Delivery Canada operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Drone Delivery Canada operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Drone Delivery Canada is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Drone Delivery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Drone Delivery Canada 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. 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.

Enterprise Value is likely to climb to about 58.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2024.

	2021	2022	2023	2024 (projected)
Minority Interest	897.6K	826.5K	229.6K	218.1K
Interest Income	61.8K	297.3K	405.0K	240.7K

Minority Interest Interest Income

Drone Delivery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Net Tangible Assets	Accounts Payable	Property Plant Equipment	Short Long Term Debt Total	Short Long Term Debt	Short Term Debt	Intangible Assets
Total Assets		0.32	0.89	1.0	-0.71	-0.66	0.99	0.77	0.14	0.95	0.27	0.84	-0.47	0.79	0.83	0.89	0.99	0.69	0.69	0.95	0.97	0.74	0.79	0.11	0.8	0.91
Other Current Liab	0.32		0.62	0.29	-0.36	0.01	0.3	0.08	0.58	0.24	0.33	0.31	-0.31	-0.02	0.34	0.59	0.35	-0.01	0.0	0.24	0.25	0.05	0.73	-0.25	0.26	0.23
Total Current Liabilities	0.89	0.62		0.87	-0.59	-0.63	0.86	0.7	0.31	0.83	0.43	0.84	-0.53	0.68	0.87	0.99	0.88	0.63	0.6	0.85	0.87	0.69	0.86	0.1	0.78	0.86
Total Stockholder Equity	1.0	0.29	0.87		-0.72	-0.65	0.99	0.76	0.12	0.95	0.25	0.83	-0.46	0.79	0.81	0.87	0.99	0.68	0.68	0.95	0.97	0.73	0.78	0.11	0.79	0.9
Net Debt	-0.71	-0.36	-0.59	-0.72		0.01	-0.73	-0.4	-0.11	-0.58	0.39	-0.38	0.2	-0.44	-0.4	-0.55	-0.73	-0.03	-0.33	-0.49	-0.59	-0.27	-0.49	0.56	-0.25	-0.51
Retained Earnings	-0.66	0.01	-0.63	-0.65	0.01		-0.62	-0.72	-0.02	-0.73	-0.68	-0.87	0.47	-0.65	-0.78	-0.67	-0.62	-0.99	-0.67	-0.81	-0.73	-0.82	-0.46	-0.78	-0.91	-0.83
Cash	0.99	0.3	0.86	0.99	-0.73	-0.62		0.67	0.03	0.96	0.21	0.81	-0.46	0.78	0.77	0.84	1.0	0.66	0.58	0.94	0.94	0.65	0.77	0.1	0.78	0.86
Non Current Assets Total	0.77	0.08	0.7	0.76	-0.4	-0.72	0.67		0.39	0.67	0.37	0.75	-0.41	0.68	0.82	0.76	0.69	0.7	0.99	0.74	0.81	0.94	0.5	0.23	0.68	0.88
Non Currrent Assets Other	0.14	0.58	0.31	0.12	-0.11	-0.02	0.03	0.39		-0.01	0.42	0.19	-0.17	-0.08	0.29	0.38	0.09	-0.01	0.4	0.08	0.19	0.38	0.46	-0.18	0.12	0.23
Cash And Short Term Investments	0.95	0.24	0.83	0.95	-0.58	-0.73	0.96	0.67	-0.01		0.34	0.88	-0.48	0.82	0.83	0.83	0.96	0.76	0.59	0.98	0.92	0.72	0.74	0.26	0.88	0.84
Net Receivables	0.27	0.33	0.43	0.25	0.39	-0.68	0.21	0.37	0.42	0.34		0.55	-0.37	0.24	0.53	0.49	0.24	0.68	0.36	0.47	0.38	0.53	0.55	0.72	0.66	0.42
Common Stock Shares Outstanding	0.84	0.31	0.84	0.83	-0.38	-0.87	0.81	0.75	0.19	0.88	0.55		-0.6	0.72	0.9	0.86	0.81	0.86	0.66	0.91	0.85	0.83	0.69	0.46	0.95	0.89
Short Term Investments	-0.47	-0.31	-0.53	-0.46	0.2	0.47	-0.46	-0.41	-0.17	-0.48	-0.37	-0.6		-0.5	-0.53	-0.53	-0.45	-0.46	-0.3	-0.52	-0.49	-0.41	-0.46	-0.25	-0.54	-0.46
Other Current Assets	0.79	-0.02	0.68	0.79	-0.44	-0.65	0.78	0.68	-0.08	0.82	0.24	0.72	-0.5		0.81	0.7	0.77	0.66	0.62	0.83	0.85	0.73	0.52	0.24	0.71	0.74
Other Stockholder Equity	0.83	0.34	0.87	0.81	-0.4	-0.78	0.77	0.82	0.29	0.83	0.53	0.9	-0.53	0.81		0.91	0.79	0.76	0.76	0.87	0.88	0.86	0.73	0.33	0.88	0.87
Total Liab	0.89	0.59	0.99	0.87	-0.55	-0.67	0.84	0.76	0.38	0.83	0.49	0.86	-0.53	0.7	0.91		0.87	0.66	0.67	0.86	0.89	0.77	0.85	0.14	0.8	0.88
Total Current Assets	0.99	0.35	0.88	0.99	-0.73	-0.62	1.0	0.69	0.09	0.96	0.24	0.81	-0.45	0.77	0.79	0.87		0.66	0.6	0.94	0.95	0.67	0.81	0.09	0.78	0.87
Common Stock	0.69	-0.01	0.63	0.68	-0.03	-0.99	0.66	0.7	-0.01	0.76	0.68	0.86	-0.46	0.66	0.76	0.66	0.66		0.65	0.84	0.75	0.8	0.49	0.77	0.91	0.83
Property Plant And Equipment Net	0.69	0.0	0.6	0.68	-0.33	-0.67	0.58	0.99	0.4	0.59	0.36	0.66	-0.3	0.62	0.76	0.67	0.6	0.65		0.66	0.74	0.92	0.41	0.22	0.6	0.81
Net Tangible Assets	0.95	0.24	0.85	0.95	-0.49	-0.81	0.94	0.74	0.08	0.98	0.47	0.91	-0.52	0.83	0.87	0.86	0.94	0.84	0.66		0.95	0.8	0.77	0.36	0.92	0.89
Accounts Payable	0.97	0.25	0.87	0.97	-0.59	-0.73	0.94	0.81	0.19	0.92	0.38	0.85	-0.49	0.85	0.88	0.89	0.95	0.75	0.74	0.95		0.82	0.79	0.22	0.83	0.93
Property Plant Equipment	0.74	0.05	0.69	0.73	-0.27	-0.82	0.65	0.94	0.38	0.72	0.53	0.83	-0.41	0.73	0.86	0.77	0.67	0.8	0.92	0.8	0.82		0.51	0.39	0.78	0.87
Short Long Term Debt Total	0.79	0.73	0.86	0.78	-0.49	-0.46	0.77	0.5	0.46	0.74	0.55	0.69	-0.46	0.52	0.73	0.85	0.81	0.49	0.41	0.77	0.79	0.51		0.08	0.71	0.68
Short Long Term Debt	0.11	-0.25	0.1	0.11	0.56	-0.78	0.1	0.23	-0.18	0.26	0.72	0.46	-0.25	0.24	0.33	0.14	0.09	0.77	0.22	0.36	0.22	0.39	0.08		0.61	0.33
Short Term Debt	0.8	0.26	0.78	0.79	-0.25	-0.91	0.78	0.68	0.12	0.88	0.66	0.95	-0.54	0.71	0.88	0.8	0.78	0.91	0.6	0.92	0.83	0.78	0.71	0.61		0.84
Intangible Assets	0.91	0.23	0.86	0.9	-0.51	-0.83	0.86	0.88	0.23	0.84	0.42	0.89	-0.46	0.74	0.87	0.88	0.87	0.83	0.81	0.89	0.93	0.87	0.68	0.33	0.84

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Drone Delivery Account Relationship Matchups

Drone Delivery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.7M	29.4M	33.0M	19.7M	10.3M	13.4M
Other Current Liab	1.5M	167.9K	396.7K	103.2K	118.7K	112.8K
Total Current Liabilities	1.7M	2.0M	2.0M	1.2M	891.1K	1.0M
Total Stockholder Equity	15.5M	27.1M	30.8M	18.5M	9.1M	12.3M
Net Debt	(9.2M)	(23.0M)	(27.3M)	(15.1M)	15.5M	16.3M
Retained Earnings	(47.2M)	(61.4M)	(76.1M)	(89.5M)	(99.4M)	(94.5M)
Cash	9.8M	23.5M	27.7M	15.3M	7.4M	10.2M
Non Current Assets Total	4.6M	4.5M	4.4M	3.5M	2.3M	2.2M
Non Currrent Assets Other	370.2K	592.9K	4.6M	(1.0)	(1.15)	(1.09)
Cash And Short Term Investments	9.8M	23.5M	27.7M	15.3M	17.6M	10.6M
Net Receivables	3.1M	522.8K	421.3K	486.7K	3.5M	3.7M
Common Stock Shares Outstanding	172.8M	184.7M	222.1M	224.2M	224.2M	123.8M
Liabilities And Stockholders Equity	17.7M	29.4M	33.0M	19.7M	22.7M	13.6M
Other Current Assets	202.6K	892.8K	505.9K	343.6K	436.8K	284.2K
Other Stockholder Equity	13.6M	18.9M	10.5M	11.7M	13.4M	7.1M
Total Liab	2.2M	2.3M	2.2M	1.2M	1.2M	1.1M
Total Current Assets	13.1M	24.9M	28.6M	16.2M	8.0M	11.4M
Common Stock	49.2M	69.5M	96.3M	96.3M	110.8M	116.3M
Property Plant And Equipment Net	3.9M	3.6M	3.4M	2.6M	1.9M	1.9M
Net Tangible Assets	14.8M	26.3M	29.8M	17.6M	20.3M	16.9M
Accounts Payable	983.7K	1.6M	1.4M	909.9K	594.9K	889.3K
Property Plant Equipment	3.9M	3.6M	3.4M	2.6M	3.0M	1.9M
Non Current Liabilities Total	463.8K	308.5K	227.3K	19.8K	329.1K	185.4K
Intangible Assets	713.2K	844.5K	919.8K	878.5K	403.4K	642.3K
Net Invested Capital	15.5M	27.1M	30.8M	18.5M	9.1M	15.4M
Net Working Capital	11.4M	22.9M	26.6M	15.0M	7.1M	13.3M
Capital Stock	49.2M	69.5M	96.3M	96.3M	110.8M	81.2M

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