FLYHT Payout Ratio vs Net Income Per Share Analysis

FLY Stock  CAD 0.34  0.01  3.03%   
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 Payout Ratio and its Net Income Per Share 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.

Payout Ratio vs Net Income Per Share

Payout Ratio vs Net Income Per Share Correlation Analysis

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

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of FLYHT Aerospace Solutions earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of FLYHT Aerospace Solutions dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating FLYHT Aerospace Solutions is paying out more in dividends than it makes in net income.

Net Income 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.
 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
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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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Additional Tools for FLYHT Stock Analysis

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