Sk Growth Opportunities Stock Current Liabilities
| SKGR Stock | USD 11.63 0.01 0.09% |
SK Growth Opportunities fundamentals help investors to digest information that contributes to SK Growth's financial success or failures. It also enables traders to predict the movement of SKGR Stock. The fundamental analysis module provides a way to measure SK Growth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SK Growth stock.
As of 12/15/2024, Total Current Liabilities is likely to drop to about 4.6 M. In addition to that, Non Current Liabilities Total is likely to drop to about 5.4 M. SKGR |
SK Growth Opportunities Company Current Liabilities Analysis
SK Growth's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
SKGR Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for SK Growth is extremely important. It helps to project a fair market value of SKGR Stock properly, considering its historical fundamentals such as Current Liabilities. Since SK Growth's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SK Growth's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SK Growth's interrelated accounts and indicators.
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SKGR Current Liabilities Historical Pattern
Today, most investors in SK Growth Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SK Growth's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SK Growth current liabilities as a starting point in their analysis.
SK Growth Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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SKGR Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, SK Growth Opportunities has a Current Liabilities of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
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SK Growth ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SK Growth's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SK Growth's managers, analysts, and investors.Environmental | Governance | Social |
SKGR Fundamentals
| Return On Asset | -0.0126 | ||||
| Current Valuation | 180.47 M | ||||
| Shares Outstanding | 9.73 M | ||||
| Shares Owned By Institutions | 100.00 % | ||||
| Number Of Shares Shorted | 1.79 K | ||||
| Price To Book | 1.85 X | ||||
| EBITDA | 8.14 M | ||||
| Net Income | 8.14 M | ||||
| Cash And Equivalents | 2.27 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 5.62 M | ||||
| Book Value Per Share | (0.90) X | ||||
| Cash Flow From Operations | (731.69 K) | ||||
| Short Ratio | 0.05 X | ||||
| Earnings Per Share | 0.22 X | ||||
| Beta | 0.017 | ||||
| Market Capitalization | 174.14 M | ||||
| Total Asset | 109.95 M | ||||
| Retained Earnings | (13.79 M) | ||||
| Working Capital | (6.56 M) | ||||
| Net Asset | 109.95 M |
About SK Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SK Growth Opportunities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SK Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SK Growth Opportunities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with SK Growth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SK Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SK Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with SKGR Stock
| 0.75 | V | Visa Class A | PairCorr |
| 0.88 | MA | Mastercard | PairCorr |
| 0.88 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against SKGR Stock
The ability to find closely correlated positions to SK Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SK Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SK Growth Opportunities to buy it.
The correlation of SK Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SK Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Growth Opportunities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SK Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SKGR Stock Analysis
When running SK Growth's price analysis, check to measure SK Growth'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 SK Growth is operating at the current time. Most of SK Growth's value examination focuses on studying past and present price action to predict the probability of SK Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Growth's price. Additionally, you may evaluate how the addition of SK Growth to your portfolios can decrease your overall portfolio volatility.