Skye Bioscience, Financials
SKYE Stock | USD 2.70 0.16 5.59% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Current Ratio | 0.8 | 0.8381 |
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The essential information of the day-to-day investment outlook for Skye Bioscience, includes many different criteria found on its balance sheet. An individual investor should monitor Skye Bioscience,'s cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Skye Bioscience,.
Net Income |
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Skye | Select Account or Indicator |
Please note, the presentation of Skye Bioscience,'s financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Skye Bioscience,'s management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Skye Bioscience,'s management manipulating its earnings.
Skye Bioscience, Stock Summary
Skye Bioscience, competes with Silo Pharma, Tonix Pharmaceuticals, Jaguar Animal, Vaxart, and Revolution Medicines. Skye Bioscience, Inc., a biopharmaceutical company, discovers, develops, and commercializes cannabinoid-based molecules for the treatment of infectious diseases. Skye Bioscience, Inc. was founded in 2012 and is headquartered in San Diego, California. Skye Bioscience operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 9 people.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US83086J1016 |
CUSIP | 83086J200 29102Y101 83086J101 64046J100 |
Location | California; U.S.A |
Business Address | 11250 El Camino |
Sector | Biotechnology |
Industry | Health Care |
Benchmark | Dow Jones Industrial |
Website | skyebioscience.com |
Phone | 858 410 0266 |
Currency | USD - US Dollar |
Skye Bioscience, Key Financial Ratios
Return On Equity | -0.55 | ||||
EBITDA | (13.55 M) | ||||
Net Income | (37.64 M) | ||||
Cash Per Share | 0.01 X | ||||
Debt To Equity | 0.84 % |
Skye Bioscience, Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 410.6K | 341.8K | 954.9K | 7.6M | 8.3M | 4.7M | |
Net Tangible Assets | (15.6M) | 548.1K | 450.8K | 5.9M | 6.7M | 7.1M | |
Retained Earnings | (32.2M) | (38.7M) | (47.3M) | (66.7M) | (104.4M) | (99.2M) | |
Accounts Payable | 129.8K | 381.4K | 900.0K | 1.8M | 1.2M | 653.5K | |
Other Current Assets | 12.1K | 195.0K | 629.1K | 412.0K | 10.2M | 10.7M | |
Total Current Assets | 2.0M | 2.7M | 9.6M | 8.9M | 11.7M | 12.2M | |
Common Stock | 182.9K | 288.1K | 476.1K | 913.5K | 12.3K | 11.7K | |
Total Assets | 2.0M | 2.7M | 9.9M | 9.1M | 11.9M | 6.0M | |
Cash | 1.8M | 2.5M | 9.0M | 1.2M | 1.3M | 1.2M | |
Total Liab | 1.4M | 2.2M | 4.0M | 12.1M | 14.1M | 8.3M | |
Net Invested Capital | 935.1K | 1.9M | 7.8M | (1.2M) | 2.2M | 2.4M | |
Net Working Capital | 1.0M | 1.9M | 5.7M | (3.2M) | (2.3M) | (2.4M) | |
Capital Stock | 182.9K | 288.1K | 476.1K | 913.5K | 12.3K | 11.7K |
Skye Bioscience, Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 987.8K | 706.4K | 767.5K | 665.1K | 906.3K | 567.6K | |
Net Interest Income | (1.0M) | (706.4K) | (769.2K) | (766.4K) | (806.3K) | (846.6K) | |
Operating Income | (6.6M) | (6.3M) | (7.8M) | (18.3M) | (13.7M) | (14.4M) | |
Ebit | (6.6M) | (6.3M) | (7.8M) | (12.2M) | (13.7M) | (13.0M) | |
Research Development | 2.2M | 1.9M | 2.9M | 6.0M | 5.8M | 3.1M | |
Ebitda | 2.0M | (6.3M) | (7.8M) | (12.1M) | (13.5M) | (14.2M) | |
Income Before Tax | 1.1M | (6.6M) | (8.5M) | (19.5M) | (37.6M) | (35.8M) | |
Net Income | 1.1M | (6.6M) | (8.5M) | (19.5M) | (37.6M) | (35.8M) | |
Interest Income | 26.0 | 29.0 | 3.0 | 19.0K | 100.0K | 105.0K |
Skye Bioscience, Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
End Period Cash Flow | 1.8M | 2.5M | 9.0M | 1.2M | 10.3M | 10.9M | |
Change To Netincome | 15.1M | (8.0M) | (133.5K) | 772.4K | 695.2K | 983.0K | |
Investments | 0.0 | (7.2K) | (90.9K) | 5.2M | 6.6M | 6.9M | |
Change In Cash | (23.4K) | 639.5K | 6.5M | (7.7M) | 9.1M | 9.5M | |
Free Cash Flow | (6.0M) | (6.1M) | (6.6M) | (12.8M) | (14.0M) | (13.3M) | |
Depreciation | 1.5K | 1.9K | 34.1K | 115.0K | 124.3K | 130.5K | |
Other Non Cash Items | 629.3K | 544.0K | 593.8K | 6.8M | 23.1M | 24.2M | |
Net Income | 1.1M | (6.6M) | (8.5M) | (19.5M) | (37.6M) | (35.8M) |
Skye Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Skye Bioscience,'s current stock value. Our valuation model uses many indicators to compare Skye Bioscience, value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Skye Bioscience, competition to find correlations between indicators driving Skye Bioscience,'s intrinsic value. More Info.Skye Bioscience, Common is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Skye Bioscience,'s Return On Equity is projected to increase based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Skye Bioscience, by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Skye Bioscience, Common Systematic Risk
Skye Bioscience,'s systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Skye Bioscience, volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Skye Bioscience, Common correlated with the market. If Beta is less than 0 Skye Bioscience, generally moves in the opposite direction as compared to the market. If Skye Bioscience, Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Skye Bioscience, Common is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Skye Bioscience, is generally in the same direction as the market. If Beta > 1 Skye Bioscience, moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Skye Bioscience, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Skye Bioscience,'s growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Skye Bioscience, growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Skye Bioscience, December 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Skye Bioscience, help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Skye Bioscience, Common. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skye Bioscience, Common based on widely used predictive technical indicators. In general, we focus on analyzing Skye Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skye Bioscience,'s daily price indicators and compare them against related drivers.
Information Ratio | (0.10) | |||
Maximum Drawdown | 42.81 | |||
Value At Risk | (7.88) | |||
Potential Upside | 9.46 |
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When running Skye Bioscience,'s price analysis, check to measure Skye Bioscience,'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 Skye Bioscience, is operating at the current time. Most of Skye Bioscience,'s value examination focuses on studying past and present price action to predict the probability of Skye Bioscience,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skye Bioscience,'s price. Additionally, you may evaluate how the addition of Skye Bioscience, to your portfolios can decrease your overall portfolio volatility.
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