| FLY Stock | | | CAD 0.33 0.01 2.94% |
FLYHT Aerospace financial indicator trend analysis is much more than just examining FLYHT Aerospace Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FLYHT Aerospace Solutions is a good investment. Please check the relationship between FLYHT Aerospace Capex To Depreciation and its Dividend Yield accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLYHT Aerospace Solutions. 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.
Capex To Depreciation vs Dividend Yield
Capex To Depreciation vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FLYHT Aerospace Solutions Capex To Depreciation account and
Dividend Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between FLYHT Aerospace's Capex To Depreciation and Dividend Yield is 0.29. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of FLYHT Aerospace Solutions, assuming nothing else is changed. The correlation between historical values of FLYHT Aerospace's Capex To Depreciation and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of FLYHT Aerospace Solutions are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Depreciation i.e., FLYHT Aerospace's Capex To Depreciation and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Dividend Yield
Dividend Yield is FLYHT Aerospace Solutions dividend as a percentage of FLYHT Aerospace stock price. FLYHT Aerospace Solutions dividend yield is a measure of FLYHT Aerospace stock productivity, which can be interpreted as interest rate earned on an FLYHT Aerospace investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from FLYHT Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FLYHT Aerospace Solutions 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 FLYHT Aerospace Solutions. 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.
At this time, FLYHT Aerospace's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 46.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 5
M in 2024.
FLYHT Aerospace fundamental ratios Correlations
Click cells to compare fundamentals
FLYHT Aerospace Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FLYHT Aerospace fundamental ratios Accounts
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Additional Tools for FLYHT Stock Analysis
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measure FLYHT Aerospace'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 FLYHT Aerospace is operating at the current time. Most of FLYHT Aerospace's value examination focuses on studying past and present price action to
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