Drone Delivery Shares Outstanding vs. Price To Sales

FLT Stock  CAD 0.12  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. 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 Price To Sales vs. Shares Outstanding 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 shares outstanding category among its peers. It also is rated # 2 in price to sales category among its peers . The ratio of Shares Outstanding to Price To Sales for Drone Delivery Canada is about  271,011,804 . At this time, Drone Delivery's Price To Sales Ratio 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 Price To Sales vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Drone Delivery

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
468.74 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Drone Delivery

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.73 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Drone Price To Sales Comparison

Drone Delivery is currently under evaluation in price to sales 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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Our tools can tell you how much better you can do entering a position in Drone Delivery without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Drone Delivery position

In addition to having Drone Delivery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Precious Metals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals Theme or any other thematic opportunities.
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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.