Drone Delivery Return On Equity vs. Net Income

FLT Stock  CAD 0.14  0.01  7.69%   
Based on the key profitability measurements obtained from Drone Delivery's financial statements, Drone Delivery Canada may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Drone Delivery's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(2.86)
Current Value
(3.00)
Quarterly Volatility
1.93967498
 
Credit Downgrade
 
Yuan Drop
 
Covid
Price To Sales Ratio is likely to drop to 0.92 in 2024. Days Sales Outstanding is likely to drop to 37.16 in 2024. At this time, Drone Delivery's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 715.7 K in 2024, whereas Net Loss is likely to drop (9.9 M) in 2024.
For Drone Delivery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Drone Delivery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Drone Delivery Canada utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Drone Delivery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Drone Delivery Canada over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Drone Delivery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Drone Delivery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Drone Delivery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Drone Delivery Canada Net Income vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Drone Delivery's current stock value. Our valuation model uses many indicators to compare Drone Delivery value to that of its competitors to determine the firm's financial worth.
Drone Delivery Canada is rated # 2 in return on equity category among its peers. It is one of the top stocks in net income category among its peers . At this time, Drone Delivery's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Drone Delivery's earnings, one of the primary drivers of an investment's value.

Drone Net Income vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Drone Delivery

Return On Equity

 = 

Net Income

Total Equity

 = 
-2.38
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Drone Delivery

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(9.46 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Drone Net Income Comparison

Drone Delivery is currently under evaluation in net income category among its peers.

Drone Delivery Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Drone Delivery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Drone Delivery will eventually generate negative long term returns. The profitability progress is the general direction of Drone Delivery's change in net profit over the period of time. It can combine multiple indicators of Drone Delivery, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income10.5 M11 M
Operating Income-9.1 M-9.5 M
Net Loss-9.5 M-9.9 M
Income Tax Expense73.2 K69.5 K
Income Before Tax-10.2 M-10.7 M
Total Other Income Expense Net681.6 K715.7 K
Net Loss-9.7 M-10.2 M
Net Loss-12.1 M-12.7 M
Net Interest Income-1.8 M-1.7 M
Interest Income405 K240.7 K
Change To Netincome1.4 M2.8 M
Net Loss(0.04)(0.05)
Income Quality 0.17  0.17 
Net Income Per E B T 0.93  1.09 

Drone Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Drone Delivery. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Drone Delivery position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Drone Delivery's important profitability drivers and their relationship over time.

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Additional Tools for Drone Stock Analysis

When running Drone Delivery's price analysis, check to measure Drone Delivery's 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 Drone Delivery is operating at the current time. Most of Drone Delivery's value examination focuses on studying past and present price action to predict the probability of Drone Delivery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Delivery's price. Additionally, you may evaluate how the addition of Drone Delivery to your portfolios can decrease your overall portfolio volatility.