Red Short Term Debt vs Current Deferred Revenue Analysis

RCAT Stock

USD 7.30 0.93 14.60%

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 Short Term Debt and its Current Deferred Revenue 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.

Short Term Debt vs Current Deferred Revenue

Short Term Debt vs Current Deferred Revenue Correlation Analysis

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

The correlation between Red Cat's Short Term Debt and Current Deferred Revenue is -0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Current Deferred Revenue 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 Short Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Red Cat Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Debt i.e., Red Cat's Short Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

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Short Term Debt

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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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