Fastly Total Current Assets vs Short Term Investments Analysis

FSLY Stock  USD 8.14  0.25  3.17%   
Fastly financial indicator trend analysis is much more than just examining Fastly Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fastly Inc is a good investment. Please check the relationship between Fastly Total Current Assets and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastly Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fastly Inc Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Fastly's Total Current Assets and Short Term Investments is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Fastly Inc, assuming nothing else is changed. The correlation between historical values of Fastly's Total Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Fastly Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Fastly's Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Investments

Short Term Investments is an item under the current assets section of Fastly balance sheet. It contains any investments Fastly Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Fastly Inc can easily liquidate in the marketplace.
Most indicators from Fastly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fastly Inc 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 Fastly Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Tax Provision is likely to rise to about 22.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 86.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.2M5.9M4.1M3.9M
Depreciation And Amortization56.3M102.9M110.3M115.8M

Fastly fundamental ratios Correlations

0.93-0.120.970.960.760.810.990.910.92-0.860.740.971.00.80.770.90.980.870.970.850.940.970.920.810.93
0.93-0.150.850.790.590.630.890.81.0-0.760.580.980.910.650.620.770.970.730.820.670.830.960.760.960.77
-0.12-0.150.0-0.070.250.07-0.050.15-0.14-0.29-0.32-0.18-0.180.240.29-0.43-0.080.22-0.150.2-0.06-0.050.01-0.210.11
0.970.850.00.960.860.81.00.940.84-0.920.630.920.960.90.870.830.940.950.980.890.970.930.940.710.95
0.960.79-0.070.960.80.910.960.890.77-0.840.80.860.960.830.80.910.890.880.980.940.910.90.950.610.96
0.760.590.250.860.80.620.830.940.57-0.960.450.690.750.991.00.590.710.890.830.750.880.710.910.450.91
0.810.630.070.80.910.620.80.710.62-0.670.810.660.810.670.630.810.760.720.810.960.670.790.790.40.85
0.990.89-0.051.00.960.830.80.940.87-0.910.680.940.980.870.840.860.960.930.980.880.970.950.940.750.95
0.910.80.150.940.890.940.710.940.78-0.980.620.870.90.940.950.740.870.910.920.810.960.860.970.680.97
0.921.0-0.140.840.770.570.620.870.78-0.750.570.970.90.630.60.760.970.720.810.660.810.950.740.970.76
-0.86-0.76-0.29-0.92-0.84-0.96-0.67-0.91-0.98-0.75-0.48-0.82-0.84-0.97-0.97-0.62-0.84-0.94-0.87-0.81-0.92-0.83-0.92-0.64-0.94
0.740.58-0.320.630.80.450.810.680.620.57-0.480.640.780.450.430.880.630.480.750.690.630.620.740.440.73
0.970.98-0.180.920.860.690.660.940.870.97-0.820.640.960.730.710.830.980.810.910.720.920.950.850.920.84
1.00.91-0.180.960.960.750.810.980.90.9-0.840.780.960.790.760.920.960.850.980.840.940.950.930.80.92
0.80.650.240.90.830.990.670.870.940.63-0.970.450.730.791.00.630.770.910.850.80.890.780.920.50.93
0.770.620.290.870.81.00.630.840.950.6-0.970.430.710.761.00.580.730.90.830.770.880.740.910.480.92
0.90.77-0.430.830.910.590.810.860.740.76-0.620.880.830.920.630.580.840.650.910.750.80.830.850.640.82
0.980.97-0.080.940.890.710.760.960.870.97-0.840.630.980.960.770.730.840.830.910.810.891.00.850.880.87
0.870.730.220.950.880.890.720.930.910.72-0.940.480.810.850.910.90.650.830.90.880.930.830.880.580.9
0.970.82-0.150.980.980.830.810.980.920.81-0.870.750.910.980.850.830.910.910.90.870.970.90.960.680.95
0.850.670.20.890.940.750.960.880.810.66-0.810.690.720.840.80.770.750.810.880.870.780.830.840.450.9
0.940.83-0.060.970.910.880.670.970.960.81-0.920.630.920.940.890.880.80.890.930.970.780.860.950.720.93
0.970.96-0.050.930.90.710.790.950.860.95-0.830.620.950.950.780.740.831.00.830.90.830.860.850.850.88
0.920.760.010.940.950.910.790.940.970.74-0.920.740.850.930.920.910.850.850.880.960.840.950.850.610.99
0.810.96-0.210.710.610.450.40.750.680.97-0.640.440.920.80.50.480.640.880.580.680.450.720.850.610.61
0.930.770.110.950.960.910.850.950.970.76-0.940.730.840.920.930.920.820.870.90.950.90.930.880.990.61
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Fastly Account Relationship Matchups

Fastly fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets327.0M1.2B2.2B1.9B1.5B1.2B
Short Long Term Debt Total29.6M90.5M1.1B833.5M433.3M395.2M
Other Current Liab27.7M893K5.9M6.8M24.5M25.7M
Total Current Liabilities37.1M94.1M125.0M152.3M147.7M95.3M
Total Stockholder Equity257.7M1.0B1.0B955.2M979.5M624.1M
Other Liab1.0M4.4M2.6M7.1M8.1M8.5M
Net Tangible Assets247.7M304.5M274.6M156.6M180.1M134.3M
Property Plant And Equipment Net60.0M156.0M229.7M248.8M231.8M158.0M
Current Deferred Revenue317K15.9M26.4M28.0M33.8M35.5M
Net Debt13.5M27.6M885.9M690.1M325.4M306.4M
Retained Earnings(192.0M)(288.2M)(510.9M)(701.7M)(834.8M)(793.0M)
Accounts Payable4.6M9.2M9.3M4.8M5.6M6.3M
Cash16.1M62.9M166.1M143.4M107.9M88.7M
Non Current Assets Total75.2M901.3M1.5B1.3B1.1B771.7M
Non Currrent Assets Other13.7M45.4M29.5M92.6M90.8M95.3M
Other Assets10.1M45.4M29.5M92.6M106.5M111.8M
Long Term Debt39.4M20.1M933.2M704.7M343.5M378.4M
Cash And Short Term Investments131.1M194.2M527.9M518.0M322.7M287.2M
Net Receivables37.1M50.3M64.6M89.6M120.5M63.8M
Good Will372K578.2M636.8M670.2M670.4M401.8M
Common Stock Shares Outstanding68.4M103.6M116.1M121.7M128.8M109.4M
Short Term Investments115.0M131.3M361.8M374.6M214.8M198.5M
Liabilities And Stockholders Equity327.0M1.2B2.2B1.9B1.5B1.2B
Non Current Liabilities Total32.3M64.0M1.0B788.6M398.0M434.3M
Capital Surpluse16.4M449.5M1.4B1.5B1.8B1.8B
Other Current Assets81.1M16.8M32.2M28.9M20.5M30.6M
Other Stockholder Equity128.5M1.4B1.5B1.7B1.8B1.0B
Total Liab69.4M158.1M1.1B941.0M545.7M529.6M
Net Invested Capital277.7M1.1B1.9B1.7B1.3B959.6M
Property Plant And Equipment Gross60.0M156.0M229.7M248.8M413.6M434.3M
Total Current Assets251.8M261.3M624.6M636.5M463.7M382.0M
Accumulated Other Comprehensive Income196K6K(2.6M)(9.3M)(1.0M)(1.1M)
Non Current Liabilities Other404K64.0M80.0M7.1M4.4M4.2M
Net Working Capital212.2M167.2M492.8M484.2M316.0M285.3M
Short Term Debt4.5M61.9M82.8M104.0M79.5M54.3M

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