FLYHT Net Income Per Share vs Pb Ratio 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 Pb Ratio 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 Pb Ratio
Net Income Per Share vs Pb Ratio 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 Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between FLYHT Aerospace's Net Income Per Share and Pb Ratio is -0.06. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Pb Ratio 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 Pb Ratio 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 Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Net Income Per Share i.e., FLYHT Aerospace's Net Income Per Share and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income Per Share
Pb Ratio
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 Expense | 699.6K | 585.0K | 580.7K | 473.6K | Depreciation And Amortization | 692.9K | 660.0K | 658.7K | 333.1K |
FLYHT Aerospace fundamental ratios Correlations
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FLYHT Aerospace Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FLYHT Aerospace fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.7M | 13.7M | 13.3M | 16.5M | 13.2M | 8.6M | |
Total Current Liabilities | 4.5M | 5.7M | 3.4M | 5.3M | 6.9M | 4.6M | |
Total Stockholder Equity | 5.6M | 2.9M | 4.0M | 4.9M | 1.1M | 1.0M | |
Net Debt | 1.8M | 3.1M | 2.4M | 4.9M | 5.4M | 5.6M | |
Retained Earnings | (70.0M) | (73.3M) | (79.1M) | (80.1M) | (84.2M) | (80.0M) | |
Accounts Payable | 1.8M | 1.1M | 990.1K | 2.2M | 2.6M | 1.7M | |
Cash | 4.1M | 5.1M | 4.5M | 2.6M | 1.5M | 2.9M | |
Cash And Short Term Investments | 4.1M | 5.1M | 4.5M | 2.6M | 2.0M | 2.9M | |
Net Receivables | 5.2M | 1.8M | 1.7M | 5.2M | 3.2M | 1.7M | |
Common Stock Shares Outstanding | 21.9M | 26.7M | 31.4M | 38.2M | 38.9M | 40.8M | |
Liabilities And Stockholders Equity | 14.7M | 13.7M | 13.3M | 16.5M | 13.2M | 8.6M | |
Other Current Assets | 797.8K | 544.1K | 377.7K | 349.1K | 263.8K | 385.8K | |
Other Stockholder Equity | 12.1M | 12.2M | 12.4M | 12.5M | 12.5M | 18.1M | |
Total Liab | 9.2M | 10.9M | 9.3M | 11.6M | 12.1M | 7.6M | |
Total Current Assets | 11.8M | 9.0M | 8.3M | 9.6M | 6.7M | 6.4M | |
Short Long Term Debt Total | 6.0M | 8.2M | 7.0M | 7.6M | 6.9M | 3.9M | |
Other Current Liab | 534.6K | 1.0M | 713.3K | 585.0K | 1.5M | 1.6M | |
Property Plant And Equipment Net | 1.3M | 3.0M | 2.8M | 2.8M | 2.4M | 2.5M | |
Current Deferred Revenue | 819.4K | 492.7K | 609.6K | 1.3M | 1.1M | 1.3M | |
Non Current Assets Total | 2.9M | 4.7M | 4.9M | 6.9M | 6.5M | 6.8M | |
Non Current Liabilities Total | 4.6M | 5.2M | 5.9M | 6.3M | 5.2M | 3.2M | |
Inventory | 1.7M | 1.6M | 1.7M | 1.4M | 1.2M | 1.5M | |
Short Term Debt | 1.3M | 3.1M | 1.0M | 1.3M | 1.7M | 1.1M | |
Non Currrent Assets Other | 1.5M | 1.7M | 1.8M | 1.3M | 1.5M | 1.3M | |
Other Liab | 30.2K | 24.1K | 13.9K | 11.1K | 10.0K | 9.5K | |
Net Tangible Assets | (61.4K) | 5.5M | 2.8M | 3.7M | 4.3M | 4.5M | |
Other Assets | 1.5M | 1.7M | 1.8M | 1.0 | 1.15 | 1.09 | |
Long Term Debt | 4.2M | 3.0M | 3.8M | 4.0M | 3.3M | 3.3M | |
Short Long Term Debt | 718.0K | 2.4M | 664.5K | 828.3K | 1.2M | 1.3M | |
Common Stock | 63.5M | 64.0M | 70.8M | 72.4M | 72.6M | 67.3M | |
Property Plant Equipment | 1.3M | 3.0M | 2.8M | 2.8M | 3.3M | 3.4M | |
Accumulated Other Comprehensive Income | (32.2K) | (51K) | (51.7K) | 147.8K | 148.1K | 222.9K | |
Net Invested Capital | 10.5M | 8.3M | 8.4M | 9.8M | 5.6M | 7.9M | |
Net Working Capital | 7.3M | 3.3M | 5.0M | 4.3M | (184.6K) | (175.3K) | |
Capital Stock | 63.5M | 64.0M | 70.8M | 72.4M | 72.6M | 73.7M |
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