Red Retained Earnings vs Common Stock Total Equity Analysis
RCAT Stock | USD 8.97 1.67 22.88% |
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 Retained Earnings and its Common Stock Total Equity 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.
Retained Earnings vs Common Stock Total Equity
Retained Earnings vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Cat Holdings Retained Earnings account and Common Stock Total Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Red Cat's Retained Earnings and Common Stock Total Equity is 0.08. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Total Equity 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 Retained Earnings and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Red Cat Holdings are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Retained Earnings i.e., Red Cat's Retained Earnings and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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
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Red Cat Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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