Based on the key measurements obtained from Skywater Technology's financial statements, Skywater Technology is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Skywater Technology's Other Liabilities is comparatively stable compared to the past year. Short and Long Term Debt Total is likely to gain to about 76.1 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 35.2 M in 2024. Key indicators impacting Skywater Technology's financial strength include:
The essential information of the day-to-day investment outlook for Skywater Technology includes many different criteria found on its balance sheet. An individual investor should monitor Skywater Technology's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Skywater Technology.
Please note, the imprecision that can be found in Skywater Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Skywater Technology. Check Skywater Technology's Beneish M Score to see the likelihood of Skywater Technology's management manipulating its earnings.
Skywater Technology Stock Summary
Skywater Technology competes with Indie Semiconductor, FTC Solar, Sitime, Navitas Semiconductor, and Allegro Microsystems. SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota. Skywater Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 590 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
The reason investors look at the income statement is to determine what Skywater Technology's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Skywater Technology's current stock value. Our valuation model uses many indicators to compare Skywater Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Skywater Technology competition to find correlations between indicators driving Skywater Technology's intrinsic value. More Info.
Skywater Technology is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers . At this time, Skywater Technology's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Skywater Technology 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.
Skywater Technology Systematic Risk
Skywater Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Skywater Technology 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 Skywater Technology correlated with the market. If Beta is less than 0 Skywater Technology generally moves in the opposite direction as compared to the market. If Skywater Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Skywater Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Skywater Technology is generally in the same direction as the market. If Beta > 1 Skywater Technology moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Skywater Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Skywater Technology'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 Skywater Technology growth as a starting point in their analysis.
Skywater Technology December 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Skywater Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Skywater Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skywater Technology based on widely used predictive technical indicators. In general, we focus on analyzing Skywater Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skywater Technology's daily price indicators and compare them against related drivers.
When running Skywater Technology's price analysis, check to measure Skywater Technology'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 Skywater Technology is operating at the current time. Most of Skywater Technology's value examination focuses on studying past and present price action to predict the probability of Skywater Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skywater Technology's price. Additionally, you may evaluate how the addition of Skywater Technology to your portfolios can decrease your overall portfolio volatility.