Rekor Free Cash Flow vs Net Income Analysis

REKR Stock

USD 0.97 0.01 1.04%

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

To learn how to invest in Rekor Stock, please use our How to Invest in Rekor Systems guide.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rekor Systems Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Rekor Systems' Free Cash Flow and Net Income is 0.95. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Rekor Systems, assuming nothing else is changed. The correlation between historical values of Rekor Systems' Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Rekor Systems are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Rekor Systems' Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Rekor Systems financial statement analysis. It represents the amount of money remaining after all of Rekor Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Rekor Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rekor Systems 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 Rekor Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

To learn how to invest in Rekor Stock, please use our How to Invest in Rekor Systems guide.As of 11/29/2024, Discontinued Operations is likely to grow to about 409.3 K, while Selling General Administrative is likely to drop slightly above 16.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	8.1M	9.0M	18.4M	9.7M
Total Revenue	14.3M	19.9M	34.9M	22.2M

Gross Profit Total Revenue

Rekor Systems fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Other Liab	Net Tangible Assets	Non Current Liabilities Total	Short Long Term Debt Total
Total Assets		0.76	0.89	0.93	0.8	0.2	-0.74	0.92	0.78	0.95	0.51	0.7	0.78	0.13	0.78	0.86	0.96	0.85	0.69	0.76	0.86	0.76	0.69	0.58	0.61	0.6
Other Current Liab	0.76		0.9	0.6	0.59	0.34	-0.63	0.74	0.63	0.69	0.61	0.75	0.63	0.64	0.62	0.75	0.7	0.66	0.71	0.59	0.83	0.58	0.62	0.24	0.61	0.65
Total Current Liabilities	0.89	0.9		0.69	0.8	0.5	-0.79	0.92	0.54	0.86	0.56	0.86	0.54	0.52	0.77	0.81	0.8	0.81	0.81	0.77	0.75	0.76	0.78	0.24	0.72	0.75
Total Stockholder Equity	0.93	0.6	0.69		0.65	-0.12	-0.53	0.77	0.82	0.87	0.3	0.49	0.82	-0.1	0.61	0.75	0.98	0.71	0.45	0.59	0.81	0.6	0.46	0.77	0.34	0.33
Property Plant And Equipment Net	0.8	0.59	0.8	0.65		0.6	-0.97	0.76	0.44	0.92	0.58	0.8	0.44	0.21	0.97	0.87	0.73	0.98	0.89	0.99	0.56	0.99	0.92	0.44	0.85	0.84
Net Debt	0.2	0.34	0.5	-0.12	0.6		-0.68	0.41	-0.24	0.37	0.57	0.65	-0.24	0.56	0.61	0.34	0.03	0.52	0.78	0.65	0.0	0.64	0.73	-0.41	0.82	0.83
Retained Earnings	-0.74	-0.63	-0.79	-0.53	-0.97	-0.68		-0.7	-0.45	-0.85	-0.7	-0.83	-0.45	-0.28	-0.99	-0.89	-0.62	-0.97	-0.94	-0.98	-0.59	-0.98	-0.97	-0.36	-0.92	-0.92
Accounts Payable	0.92	0.74	0.92	0.77	0.76	0.41	-0.7		0.56	0.9	0.54	0.78	0.56	0.25	0.73	0.76	0.85	0.77	0.75	0.72	0.72	0.72	0.72	0.25	0.67	0.68
Cash	0.78	0.63	0.54	0.82	0.44	-0.24	-0.45	0.56		0.66	0.52	0.4	1.0	-0.14	0.53	0.75	0.76	0.59	0.41	0.44	0.95	0.43	0.4	0.76	0.35	0.33
Non Current Assets Total	0.95	0.69	0.86	0.87	0.92	0.37	-0.85	0.9	0.66		0.58	0.78	0.66	0.13	0.89	0.89	0.92	0.94	0.81	0.89	0.75	0.89	0.8	0.55	0.74	0.73
Non Currrent Assets Other	0.51	0.61	0.56	0.3	0.58	0.57	-0.7	0.54	0.52	0.58		0.68	0.52	0.26	0.73	0.67	0.34	0.67	0.85	0.66	0.63	0.64	0.74	0.1	0.87	0.87
Other Assets	0.7	0.75	0.86	0.49	0.8	0.65	-0.83	0.78	0.4	0.78	0.68		0.4	0.42	0.82	0.79	0.59	0.81	0.88	0.81	0.58	0.79	0.85	0.13	0.83	0.85
Cash And Short Term Investments	0.78	0.63	0.54	0.82	0.44	-0.24	-0.45	0.56	1.0	0.66	0.52	0.4		-0.14	0.53	0.75	0.76	0.59	0.41	0.44	0.95	0.43	0.4	0.76	0.35	0.33
Net Receivables	0.13	0.64	0.52	-0.1	0.21	0.56	-0.28	0.25	-0.14	0.13	0.26	0.42	-0.14		0.19	0.16	0.07	0.18	0.42	0.24	0.15	0.22	0.29	-0.39	0.37	0.44
Common Stock Shares Outstanding	0.78	0.62	0.77	0.61	0.97	0.61	-0.99	0.73	0.53	0.89	0.73	0.82	0.53	0.19		0.91	0.68	0.99	0.94	0.99	0.64	0.99	0.95	0.44	0.92	0.9
Capital Surpluse	0.86	0.75	0.81	0.75	0.87	0.34	-0.89	0.76	0.75	0.89	0.67	0.79	0.75	0.16	0.91		0.8	0.94	0.83	0.86	0.84	0.86	0.88	0.58	0.77	0.76
Other Current Assets	0.96	0.7	0.8	0.98	0.73	0.03	-0.62	0.85	0.76	0.92	0.34	0.59	0.76	0.07	0.68	0.8		0.77	0.55	0.67	0.82	0.68	0.56	0.68	0.44	0.44
Other Stockholder Equity	0.85	0.66	0.81	0.71	0.98	0.52	-0.97	0.77	0.59	0.94	0.67	0.81	0.59	0.18	0.99	0.94	0.77		0.9	0.98	0.69	0.98	0.93	0.52	0.86	0.85
Total Liab	0.69	0.71	0.81	0.45	0.89	0.78	-0.94	0.75	0.41	0.81	0.85	0.88	0.41	0.42	0.94	0.83	0.55	0.9		0.92	0.59	0.91	0.96	0.14	0.99	0.99
Property Plant And Equipment Gross	0.76	0.59	0.77	0.59	0.99	0.65	-0.98	0.72	0.44	0.89	0.66	0.81	0.44	0.24	0.99	0.86	0.67	0.98	0.92		0.56	1.0	0.93	0.41	0.9	0.89
Total Current Assets	0.86	0.83	0.75	0.81	0.56	0.0	-0.59	0.72	0.95	0.75	0.63	0.58	0.95	0.15	0.64	0.84	0.82	0.69	0.59	0.56		0.55	0.56	0.61	0.52	0.52
Property Plant Equipment	0.76	0.58	0.76	0.6	0.99	0.64	-0.98	0.72	0.43	0.89	0.64	0.79	0.43	0.22	0.99	0.86	0.68	0.98	0.91	1.0	0.55		0.93	0.42	0.89	0.88
Other Liab	0.69	0.62	0.78	0.46	0.92	0.73	-0.97	0.72	0.4	0.8	0.74	0.85	0.4	0.29	0.95	0.88	0.56	0.93	0.96	0.93	0.56	0.93		0.22	0.95	0.94
Net Tangible Assets	0.58	0.24	0.24	0.77	0.44	-0.41	-0.36	0.25	0.76	0.55	0.1	0.13	0.76	-0.39	0.44	0.58	0.68	0.52	0.14	0.41	0.61	0.42	0.22		0.09	0.06
Non Current Liabilities Total	0.61	0.61	0.72	0.34	0.85	0.82	-0.92	0.67	0.35	0.74	0.87	0.83	0.35	0.37	0.92	0.77	0.44	0.86	0.99	0.9	0.52	0.89	0.95	0.09		1.0
Short Long Term Debt Total	0.6	0.65	0.75	0.33	0.84	0.83	-0.92	0.68	0.33	0.73	0.87	0.85	0.33	0.44	0.9	0.76	0.44	0.85	0.99	0.89	0.52	0.88	0.94	0.06	1.0

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Rekor Systems Account Relationship Matchups

Rekor Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.0M	40.4M	125.9M	83.8M	92.2M	46.3M
Other Current Liab	2.4M	2.4M	3.1M	2.2M	3.8M	2.4M
Total Current Liabilities	10.3M	5.9M	13.8M	15.4M	17.2M	9.1M
Total Stockholder Equity	(3.2M)	31.9M	101.1M	49.3M	33.4M	26.2M
Property Plant And Equipment Net	1.3M	1.5M	16.1M	26.4M	24.8M	26.0M
Net Debt	22.1M	(18.2M)	(14.4M)	17.8M	26.9M	28.3M
Retained Earnings	(28.4M)	(43.1M)	(69.9M)	(153.0M)	(198.7M)	(188.7M)
Accounts Payable	5.0M	1.4M	7M	6.0M	5.1M	3.2M
Cash	1.2M	20.6M	25.8M	1.9M	15.7M	8.1M
Non Current Assets Total	18.8M	16.3M	95.2M	74.6M	66.8M	70.2M
Non Currrent Assets Other	2.9M	1.2M	2.0M	(649K)	4.2M	4.4M
Other Assets	3.5M	1.4M	3.0M	4.3M	4.9M	5.2M
Cash And Short Term Investments	1.2M	20.6M	25.8M	1.9M	15.7M	8.1M
Net Receivables	4.8M	1.4M	953K	3.6M	5.3M	3.8M
Common Stock Shares Outstanding	20.0M	24.2M	41.2M	49.8M	63.2M	66.3M
Liabilities And Stockholders Equity	29.0M	40.4M	125.9M	83.8M	92.2M	46.3M
Capital Surpluse	12.3M	15.5M	19.4M	68.2M	78.5M	82.4M
Other Current Assets	230K	883K	2.8M	1.8M	1.3M	912.1K
Other Stockholder Equity	19.4M	68.2M	171.0M	202.3M	232.0M	243.6M
Total Liab	32.2M	8.5M	24.8M	34.5M	58.8M	61.7M
Total Current Assets	10.2M	24.1M	30.7M	9.3M	25.3M	14.2M
Property Plant Equipment	725K	1.0M	16.1M	26.4M	30.4M	31.9M
Other Liab	1.3M	987K	873K	2.5M	2.8M	3.0M
Net Tangible Assets	(23.6M)	18.5M	26.2M	7.4M	8.6M	9.0M
Non Current Liabilities Total	21.9M	2.6M	11.0M	19.1M	41.5M	43.6M
Short Long Term Debt Total	23.3M	2.4M	11.4M	19.8M	42.3M	44.4M
Long Term Debt	20.4M	1.4M	37K	2.3M	24.9M	26.2M
Long Term Debt Total	1.4M	875K	20.4M	1.4M	1.7M	1.6M
Inventory	302K	1.3M	1.2M	2.0M	3.1M	3.2M
Common Stock	2K	3K	4K	5K	7K	7.4K
Current Deferred Revenue	749K	1.1M	2.4M	3.0M	3.6M	3.8M
Net Invested Capital	13.3M	27.2M	102.2M	53.8M	59.4M	43.0M
Short Long Term Debt	1.9M	517K	1.0M	2.1M	1.1M	1.6M
Net Working Capital	(102K)	18.2M	16.9M	(6.2M)	8.1M	6.2M
Short Term Debt	2.2M	1.0M	1.2M	4.2M	4.7M	3.3M

Pair Trading with Rekor Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rekor Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rekor Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against Rekor Stock

0.75	SQ	Block Inc Sell-off Trend	Pair Corr
0.71	NN	Nextnav Acquisition Corp	Pair Corr
0.66	FOUR	Shift4 Payments	Pair Corr
0.64	FFIV	F5 Networks	Pair Corr
0.58	FLYW	Flywire Corp	Pair Corr

The ability to find closely correlated positions to Rekor Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rekor Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rekor Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rekor Systems to buy it.

The correlation of Rekor Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rekor Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rekor Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Rekor Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Rekor Stock Analysis

When running Rekor Systems' price analysis, check to measure Rekor Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rekor Systems is operating at the current time. Most of Rekor Systems' value examination focuses on studying past and present price action to predict the probability of Rekor Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rekor Systems' price. Additionally, you may evaluate how the addition of Rekor Systems to your portfolios can decrease your overall portfolio volatility.

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