Red Cat Inc. (RCAT)
Red Cat Statistics
Share Statistics
Red Cat has 85.62M shares outstanding. The number of shares has increased by 7.91% in one year.
| Shares Outstanding | 85.62M |
| Shares Change (YoY) | 7.91% |
| Shares Change (QoQ) | 6.3% |
| Owned by Institutions (%) | 37.94% |
| Shares Floating | 67.44M |
| Failed to Deliver (FTD) Shares | 66.78K |
| FTD / Avg. Volume | 0.89% |
Short Selling Information
The latest short interest is 6.88M, so 8.58% of the outstanding shares have been sold short.
| Short Interest | 6.88M |
| Short % of Shares Out | 8.58% |
| Short % of Float | 11.1% |
| Short Ratio (days to cover) | 1.18 |
Valuation Ratios
The PE ratio is -3.82 and the forward PE ratio is -468.57. Red Cat's PEG ratio is 0.19.
| PE Ratio | -3.82 |
| Forward PE | -468.57 |
| PS Ratio | 5.16 |
| Forward PS | 2.9 |
| PB Ratio | 2.11 |
| P/FCF Ratio | -4.88 |
| PEG Ratio | 0.19 |
Enterprise Valuation
Red Cat Inc. has an Enterprise Value (EV) of 44.6M.
| EV / Earnings | -1.85 |
| EV / Sales | 2.5 |
| EV / EBITDA | -2.23 |
| EV / EBIT | -2.55 |
| EV / FCF | -2.37 |
Financial Position
The company has a current ratio of 6.13, with a Debt / Equity ratio of 0.05.
| Current Ratio | 6.13 |
| Quick Ratio | 3.94 |
| Debt / Equity | 0.05 |
| Total Debt / Capitalization | 4.95 |
| Cash Flow / Debt | -8.19 |
| Interest Coverage | -254.53 |
Financial Efficiency
Return on equity (ROE) is -0.55% and return on capital (ROIC) is -38.1%.
| Return on Equity (ROE) | -0.55% |
| Return on Assets (ROA) | -0.5% |
| Return on Capital (ROIC) | -38.1% |
| Revenue Per Employee | $200,408.79 |
| Profits Per Employee | $-270,254.26 |
| Employee Count | 89 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 1.77 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 684.31% in the last 52 weeks. The beta is 0.49, so Red Cat's price volatility has been higher than the market average.
| Beta | 0.49 |
| 52-Week Price Change | 684.31% |
| 50-Day Moving Average | 7.52 |
| 200-Day Moving Average | 5.13 |
| Relative Strength Index (RSI) | 47.03 |
| Average Volume (20 Days) | 7.47M |
Income Statement
In the last 12 months, Red Cat had revenue of 17.84M and earned -24.05M in profits. Earnings per share was -0.4.
| Revenue | 17.84M |
| Gross Profit | 3.68M |
| Operating Income | -17.46M |
| Net Income | -24.05M |
| EBITDA | -20.03M |
| EBIT | -17.46M |
| Earnings Per Share (EPS) | -0.4 |
Balance Sheet
The company has 6.07M in cash and 2.27M in debt, giving a net cash position of 3.8M.
| Cash & Cash Equivalents | 6.07M |
| Total Debt | 2.27M |
| Net Cash | 3.8M |
| Retained Earnings | -81.13M |
| Total Assets | 51.09M |
| Working Capital | 6.24M |
Cash Flow
In the last 12 months, operating cash flow was -18.6M and capital expenditures -259.14K, giving a free cash flow of -18.85M.
| Operating Cash Flow | -18.6M |
| Capital Expenditures | -259.14K |
| Free Cash Flow | -18.85M |
| FCF Per Share | -0.31 |
Margins
Gross margin is 20.64%, with operating and profit margins of -97.91% and -134.85%.
| Gross Margin | 20.64% |
| Operating Margin | -97.91% |
| Pretax Margin | -120.69% |
| Profit Margin | -134.85% |
| EBITDA Margin | -112.33% |
| EBIT Margin | -97.91% |
| FCF Margin | -105.71% |
Dividends & Yields
RCAT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -6.67% |
| FCF Yield | -3.67% |
Analyst Forecast
The average price target for RCAT is $8.5, which is 41.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $8.5 |
| Price Target Difference | 41.7% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Aug 1, 2019. It was a backward split with a ratio of 1:1200.
| Last Split Date | Aug 1, 2019 |
| Split Type | backward |
| Split Ratio | 1:1200 |
Scores
| Altman Z-Score | 8.46 |
| Piotroski F-Score | 2 |