Red Cash And Short Term Investments vs Net Debt Analysis

RCAT Stock

USD 9.61 0.64 7.13%

Red Cat financial indicator trend analysis is much more than just breaking down Red Cat Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Red Cat Holdings is a good investment. Please check the relationship between Red Cat Cash And Short Term Investments and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Cat Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Cat Holdings Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Red Cat's Cash And Short Term Investments and Net Debt is -0.33. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Red Cat Holdings, assuming nothing else is changed. The correlation between historical values of Red Cat's Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Red Cat Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Red Cat's Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Red Cat Holdings balance sheet. This account contains Red Cat investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Red Cat Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Red Cat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Red Cat Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Cat Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Red Cat's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1,758 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.

Red Cat fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock Shares Outstanding	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Common Stock	Other Current Liab	Current Deferred Revenue
Total Assets		0.65	0.8	-0.69	-0.71	0.86	0.97	-0.09	0.57	0.05	0.64	0.77	0.98	0.33	0.74	-0.15	0.91	1.0	0.8	0.83	0.76	0.85	0.92	-0.09	0.55	0.27
Short Long Term Debt Total	0.65		0.76	-0.17	-0.24	0.52	0.63	0.19	0.28	0.39	0.83	0.38	0.64	0.65	0.44	-0.15	0.58	0.6	0.4	0.6	0.44	0.59	0.47	-0.36	0.63	-0.13
Total Current Liabilities	0.8	0.76		-0.31	-0.47	0.59	0.8	-0.17	0.32	0.06	0.81	0.51	0.77	0.35	0.71	-0.25	0.75	0.78	0.54	0.68	0.58	0.69	0.66	-0.21	0.83	0.24
Net Debt	-0.69	-0.17	-0.31		0.91	-0.9	-0.76	0.18	-0.88	-0.06	-0.26	-0.91	-0.61	-0.16	-0.51	0.04	-0.8	-0.7	-0.9	-0.73	-0.82	-0.33	-0.86	-0.1	0.0	-0.32
Retained Earnings	-0.71	-0.24	-0.47	0.91		-0.9	-0.82	0.12	-0.89	0.1	-0.28	-0.96	-0.59	-0.12	-0.68	0.08	-0.87	-0.72	-0.95	-0.84	-0.92	-0.27	-0.92	-0.02	-0.19	-0.25
Cash	0.86	0.52	0.59	-0.9	-0.9		0.92	-0.04	0.9	0.05	0.47	0.95	0.78	0.33	0.61	-0.06	0.94	0.86	0.95	0.91	0.91	0.51	0.95	-0.07	0.3	0.15
Non Current Assets Total	0.97	0.63	0.8	-0.76	-0.82	0.92		-0.05	0.7	0.04	0.63	0.87	0.91	0.28	0.8	-0.18	0.98	0.96	0.89	0.92	0.88	0.69	0.97	-0.11	0.56	0.25
Non Currrent Assets Other	-0.09	0.19	-0.17	0.18	0.12	-0.04	-0.05		0.0	0.08	-0.06	-0.05	-0.11	-0.26	-0.01	-0.21	-0.12	-0.12	-0.06	0.21	0.02	-0.11	-0.06	0.12	-0.14	-0.18
Net Receivables	0.57	0.28	0.32	-0.88	-0.89	0.9	0.7	0.0		0.03	0.24	0.9	0.44	0.14	0.39	0.0	0.79	0.57	0.87	0.8	0.85	0.12	0.8	0.01	0.11	0.07
Non Current Liabilities Total	0.05	0.39	0.06	-0.06	0.1	0.05	0.04	0.08	0.03		0.63	-0.02	0.06	0.38	-0.09	-0.33	0.01	-0.01	-0.02	0.07	0.0	0.07	-0.05	-0.14	0.08	0.29
Total Liab	0.64	0.83	0.81	-0.26	-0.28	0.47	0.63	-0.06	0.24	0.63		0.36	0.62	0.49	0.49	-0.4	0.58	0.59	0.39	0.55	0.43	0.57	0.47	-0.26	0.68	0.35
Property Plant And Equipment Gross	0.77	0.38	0.51	-0.91	-0.96	0.95	0.87	-0.05	0.9	-0.02	0.36		0.66	0.27	0.72	-0.03	0.92	0.77	1.0	0.91	0.97	0.32	0.94	0.0	0.19	0.16
Total Current Assets	0.98	0.64	0.77	-0.61	-0.59	0.78	0.91	-0.11	0.44	0.06	0.62	0.66		0.36	0.67	-0.12	0.82	0.98	0.7	0.73	0.64	0.92	0.85	-0.07	0.53	0.27
Short Term Debt	0.33	0.65	0.35	-0.16	-0.12	0.33	0.28	-0.26	0.14	0.38	0.49	0.27	0.36		0.19	0.24	0.29	0.32	0.28	0.22	0.21	0.31	0.22	-0.36	0.11	-0.27
Intangible Assets	0.74	0.44	0.71	-0.51	-0.68	0.61	0.8	-0.01	0.39	-0.09	0.49	0.72	0.67	0.19		-0.13	0.75	0.74	0.75	0.75	0.76	0.46	0.76	0.07	0.44	0.24
Common Stock Total Equity	-0.15	-0.15	-0.25	0.04	0.08	-0.06	-0.18	-0.21	0.0	-0.33	-0.4	-0.03	-0.12	0.24	-0.13		-0.13	-0.11	-0.03	-0.23	-0.12	-0.12	-0.12	0.48	-0.17	-0.7
Common Stock Shares Outstanding	0.91	0.58	0.75	-0.8	-0.87	0.94	0.98	-0.12	0.79	0.01	0.58	0.92	0.82	0.29	0.75	-0.13		0.9	0.93	0.92	0.93	0.56	0.96	-0.14	0.52	0.18
Total Stockholder Equity	1.0	0.6	0.78	-0.7	-0.72	0.86	0.96	-0.12	0.57	-0.01	0.59	0.77	0.98	0.32	0.74	-0.11	0.9		0.8	0.81	0.76	0.85	0.92	-0.07	0.52	0.25
Property Plant And Equipment Net	0.8	0.4	0.54	-0.9	-0.95	0.95	0.89	-0.06	0.87	-0.02	0.39	1.0	0.7	0.28	0.75	-0.03	0.93	0.8		0.91	0.97	0.37	0.95	0.0	0.22	0.17
Accounts Payable	0.83	0.6	0.68	-0.73	-0.84	0.91	0.92	0.21	0.8	0.07	0.55	0.91	0.73	0.22	0.75	-0.23	0.92	0.81	0.91		0.95	0.45	0.91	-0.06	0.41	0.19
Other Assets	0.76	0.44	0.58	-0.82	-0.92	0.91	0.88	0.02	0.85	0.0	0.43	0.97	0.64	0.21	0.76	-0.12	0.93	0.76	0.97	0.95		0.31	0.91	-0.04	0.31	0.15
Cash And Short Term Investments	0.85	0.59	0.69	-0.33	-0.27	0.51	0.69	-0.11	0.12	0.07	0.57	0.32	0.92	0.31	0.46	-0.12	0.56	0.85	0.37	0.45	0.31		0.6	-0.07	0.53	0.25
Other Stockholder Equity	0.92	0.47	0.66	-0.86	-0.92	0.95	0.97	-0.06	0.8	-0.05	0.47	0.94	0.85	0.22	0.76	-0.12	0.96	0.92	0.95	0.91	0.91	0.6		-0.03	0.38	0.25
Common Stock	-0.09	-0.36	-0.21	-0.1	-0.02	-0.07	-0.11	0.12	0.01	-0.14	-0.26	0.0	-0.07	-0.36	0.07	0.48	-0.14	-0.07	0.0	-0.06	-0.04	-0.07	-0.03		-0.25	0.04
Other Current Liab	0.55	0.63	0.83	0.0	-0.19	0.3	0.56	-0.14	0.11	0.08	0.68	0.19	0.53	0.11	0.44	-0.17	0.52	0.52	0.22	0.41	0.31	0.53	0.38	-0.25		0.04
Current Deferred Revenue	0.27	-0.13	0.24	-0.32	-0.25	0.15	0.25	-0.18	0.07	0.29	0.35	0.16	0.27	-0.27	0.24	-0.7	0.18	0.25	0.17	0.19	0.15	0.25	0.25	0.04	0.04

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Red Cat Account Relationship Matchups

Red Cat fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8M	11.7M	85.1M	60.2M	48.5M	51.0M
Short Long Term Debt Total	568.8K	2.0M	3.0M	2.1M	2.3M	1.3M
Total Current Liabilities	829.3K	4.7M	5.4M	4.8M	3.7M	2.0M
Net Debt	332.1K	1.7M	(1.1M)	(1.2M)	(3.8M)	(3.6M)
Retained Earnings	(2.6M)	(15.8M)	(27.5M)	(54.6M)	(81.1M)	(77.1M)
Cash	236.7K	277.3K	4.1M	3.3M	6.1M	6.4M
Non Current Assets Total	2.5M	10.1M	29.4M	28.0M	26.1M	27.4M
Non Currrent Assets Other	33.5K	91.7K	3.9K	57.0K	293.1K	194.6K
Net Receivables	3.0K	396.7K	913.1K	871.5K	6.5M	6.8M
Liabilities And Stockholders Equity	2.8M	11.7M	85.1M	60.2M	48.5M	51.0M
Non Current Liabilities Total	450K	1.8M	1.7M	822.8K	1.3M	1.4M
Total Liab	1.3M	6.4M	7.2M	5.6M	5.0M	2.9M
Total Current Assets	318.3K	1.6M	55.7M	32.2M	22.4M	23.5M
Short Term Debt	118.8K	269.0K	1.3M	1.4M	1.1M	773.4K
Common Stock Total Equity	20.0K	29.4K	53.7K	54.6K	62.8K	93.5K
Common Stock Shares Outstanding	13.7M	23.7M	48.2M	53.9M	60.1M	63.1M
Total Stockholder Equity	1.5M	5.3M	77.9M	54.6M	43.6M	45.7M
Accounts Payable	249.1K	541.9K	1.0M	1.4M	1.6M	1.7M
Cash And Short Term Investments	236.7K	277.3K	48.9M	16.1M	6.1M	5.4M
Other Stockholder Equity	4.0M	21.0M	106.8M	110.0M	124.6M	130.8M
Common Stock	20.0K	29.4K	53.7K	54.6K	74.3K	54.4K
Other Current Liab	423.0K	3.8M	2.7M	1.6M	678.3K	992.3K
Current Deferred Revenue	38.4K	46.1K	437.9K	400.7K	53.9K	56.6K
Other Current Assets	3.0K	603.9K	2.0M	6.4M	1.8M	1.0M
Inventory	78.7K	362.1K	3.9M	12.0M	8.0M	8.4M
Good Will	2.5M	8.0M	25.1M	17.0M	9.1M	9.9M
Net Tangible Assets	(996.0K)	(4.8M)	50.1M	30.3M	34.8M	36.5M
Net Invested Capital	2.1M	7.3M	79.8M	55.9M	44.3M	29.5M
Short Long Term Debt	118.8K	269.0K	956.9K	922.1K	751.6K	758.8K
Net Working Capital	(510.9K)	(3.0M)	50.2M	27.4M	18.7M	14.3M
Capital Stock	58.9K	50.7K	63.6K	64.4K	74.3K	57.2K

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