FLYHT Net Income Per Share vs Ev To Sales Analysis

FLY Stock  CAD 0.34  0.01  2.86%   
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 Net Income Per Share and its Ev To Sales 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.

Net Income Per Share vs Ev To Sales

Net Income Per Share vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FLYHT Aerospace Solutions Net Income Per Share account and Ev To Sales. At this time, the significance of the direction appears to have almost no relationship.
The correlation between FLYHT Aerospace's Net Income Per Share and Ev To Sales is 0.14. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Ev To Sales 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 Net Income Per Share and Ev To Sales 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 Per Share of FLYHT Aerospace Solutions are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Net Income Per Share i.e., FLYHT Aerospace's Net Income Per Share and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income Per Share

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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.
 2021 2022 2023 2024 (projected)
Interest Expense699.6K585.0K580.7K473.6K
Depreciation And Amortization692.9K660.0K658.7K333.1K

FLYHT Aerospace fundamental ratios Correlations

0.140.70.47-0.760.130.610.640.760.770.47-0.170.640.920.80.260.79-0.240.750.830.420.150.460.69-0.50.76
0.14-0.530.42-0.420.60.170.19-0.040.130.190.40.770.160.480.26-0.060.530.03-0.010.370.730.07-0.26-0.02-0.31
0.7-0.530.07-0.32-0.350.350.360.680.540.25-0.58-0.090.630.260.050.67-0.650.590.490.05-0.240.320.76-0.40.88
0.470.420.07-0.610.210.030.070.330.750.25-0.150.590.290.620.410.620.070.750.430.330.40.730.38-0.320.31
-0.76-0.42-0.32-0.61-0.25-0.42-0.44-0.53-0.85-0.370.04-0.73-0.72-0.66-0.5-0.58-0.22-0.66-0.61-0.72-0.24-0.45-0.470.23-0.57
0.130.6-0.350.21-0.25-0.04-0.030.160.130.120.490.560.10.130.190.010.450.130.160.06-0.030.25-0.21-0.34-0.03
0.610.170.350.03-0.42-0.041.00.150.290.390.270.480.760.670.120.42-0.160.260.550.40.32-0.070.26-0.320.32
0.640.190.360.07-0.44-0.031.00.170.330.390.270.510.770.70.160.45-0.170.290.570.390.32-0.030.29-0.340.35
0.76-0.040.680.33-0.530.160.150.170.560.35-0.380.330.730.40.030.45-0.10.510.570.17-0.140.410.48-0.410.69
0.770.130.540.75-0.850.130.290.330.560.2-0.290.50.590.570.560.84-0.130.940.620.40.080.80.64-0.460.77
0.470.190.250.25-0.370.120.390.390.350.20.120.40.560.430.260.28-0.150.230.380.50.2-0.050.460.080.33
-0.170.4-0.58-0.150.040.490.270.27-0.38-0.290.120.39-0.020.08-0.01-0.370.56-0.330.120.260.0-0.19-0.580.26-0.45
0.640.77-0.090.59-0.730.560.480.510.330.50.40.390.610.840.310.380.370.410.640.540.460.290.15-0.270.13
0.920.160.630.29-0.720.10.760.770.730.590.56-0.020.610.740.140.57-0.080.510.750.530.160.210.5-0.40.66
0.80.480.260.62-0.660.130.670.70.40.570.430.080.840.740.180.63-0.040.560.740.470.560.30.44-0.370.31
0.260.260.050.41-0.50.190.120.160.030.560.26-0.010.310.140.180.4-0.120.530.170.110.10.490.35-0.060.36
0.79-0.060.670.62-0.580.010.420.450.450.840.28-0.370.380.570.630.4-0.510.940.670.190.090.660.82-0.620.79
-0.240.53-0.650.07-0.220.45-0.16-0.17-0.1-0.13-0.150.560.37-0.08-0.04-0.12-0.51-0.37-0.060.430.04-0.16-0.650.28-0.49
0.750.030.590.75-0.660.130.260.290.510.940.23-0.330.410.510.560.530.94-0.370.620.190.050.850.72-0.560.79
0.83-0.010.490.43-0.610.160.550.570.570.620.380.120.640.750.740.170.67-0.060.620.38-0.150.380.54-0.40.57
0.420.370.050.33-0.720.060.40.390.170.40.50.260.540.530.470.110.190.430.190.380.27-0.030.170.210.21
0.150.73-0.240.4-0.24-0.030.320.32-0.140.080.20.00.460.160.560.10.090.040.05-0.150.27-0.03-0.030.03-0.26
0.460.070.320.73-0.450.25-0.07-0.030.410.8-0.05-0.190.290.210.30.490.66-0.160.850.38-0.03-0.030.33-0.430.54
0.69-0.260.760.38-0.47-0.210.260.290.480.640.46-0.580.150.50.440.350.82-0.650.720.540.17-0.030.33-0.390.8
-0.5-0.02-0.4-0.320.23-0.34-0.32-0.34-0.41-0.460.080.26-0.27-0.4-0.37-0.06-0.620.28-0.56-0.40.210.03-0.43-0.39-0.51
0.76-0.310.880.31-0.57-0.030.320.350.690.770.33-0.450.130.660.310.360.79-0.490.790.570.21-0.260.540.8-0.51
Click cells to compare fundamentals

FLYHT Aerospace Account Relationship Matchups

FLYHT Aerospace fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.7M13.7M13.3M16.5M13.2M8.6M
Total Current Liabilities4.5M5.7M3.4M5.3M6.9M4.6M
Total Stockholder Equity5.6M2.9M4.0M4.9M1.1M1.0M
Net Debt1.8M3.1M2.4M4.9M5.4M5.6M
Retained Earnings(70.0M)(73.3M)(79.1M)(80.1M)(84.2M)(80.0M)
Accounts Payable1.8M1.1M990.1K2.2M2.6M1.7M
Cash4.1M5.1M4.5M2.6M1.5M2.9M
Cash And Short Term Investments4.1M5.1M4.5M2.6M2.0M2.9M
Net Receivables5.2M1.8M1.7M5.2M3.2M1.7M
Common Stock Shares Outstanding21.9M26.7M31.4M38.2M38.9M40.8M
Liabilities And Stockholders Equity14.7M13.7M13.3M16.5M13.2M8.6M
Other Current Assets797.8K544.1K377.7K349.1K263.8K385.8K
Other Stockholder Equity12.1M12.2M12.4M12.5M12.5M18.1M
Total Liab9.2M10.9M9.3M11.6M12.1M7.6M
Total Current Assets11.8M9.0M8.3M9.6M6.7M6.4M
Short Long Term Debt Total6.0M8.2M7.0M7.6M6.9M3.9M
Other Current Liab534.6K1.0M713.3K585.0K1.5M1.6M
Property Plant And Equipment Net1.3M3.0M2.8M2.8M2.4M2.5M
Current Deferred Revenue819.4K492.7K609.6K1.3M1.1M1.3M
Non Current Assets Total2.9M4.7M4.9M6.9M6.5M6.8M
Non Current Liabilities Total4.6M5.2M5.9M6.3M5.2M3.2M
Inventory1.7M1.6M1.7M1.4M1.2M1.5M
Short Term Debt1.3M3.1M1.0M1.3M1.7M1.1M
Non Currrent Assets Other1.5M1.7M1.8M1.3M1.5M1.3M
Other Liab30.2K24.1K13.9K11.1K10.0K9.5K
Net Tangible Assets(61.4K)5.5M2.8M3.7M4.3M4.5M
Other Assets1.5M1.7M1.8M1.01.151.09
Long Term Debt4.2M3.0M3.8M4.0M3.3M3.3M
Short Long Term Debt718.0K2.4M664.5K828.3K1.2M1.3M
Common Stock63.5M64.0M70.8M72.4M72.6M67.3M
Property Plant Equipment1.3M3.0M2.8M2.8M3.3M3.4M
Accumulated Other Comprehensive Income(32.2K)(51K)(51.7K)147.8K148.1K222.9K
Net Invested Capital10.5M8.3M8.4M9.8M5.6M7.9M
Net Working Capital7.3M3.3M5.0M4.3M(184.6K)(175.3K)
Capital Stock63.5M64.0M70.8M72.4M72.6M73.7M

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