Skyline Stock Probability Of Bankruptcy

SKY Stock  USD 97.87  0.54  0.55%   
Skyline's odds of distress is less than 3% at this time. It is unlikely to undergo any financial crunch in the next 24 months. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Skyline balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Skyline Piotroski F Score and Skyline Altman Z Score analysis.
For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.
  
Market Cap is likely to drop to about 94.6 M in 2025. Enterprise Value is likely to drop to about 91 M in 2025

Skyline Company probability of bankruptcy Analysis

Skyline's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Skyline Probability Of Bankruptcy

    
  Less than 3%  
Most of Skyline's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skyline is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Skyline probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Skyline odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Skyline financial health.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skyline. If investors know Skyline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skyline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.309
Earnings Share
2.83
Revenue Per Share
42.045
Quarterly Revenue Growth
0.153
Return On Assets
0.0648
The market value of Skyline is measured differently than its book value, which is the value of Skyline that is recorded on the company's balance sheet. Investors also form their own opinion of Skyline's value that differs from its market value or its book value, called intrinsic value, which is Skyline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skyline's market value can be influenced by many factors that don't directly affect Skyline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skyline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyline'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.

Skyline Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Skyline is extremely important. It helps to project a fair market value of Skyline Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Skyline'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 Skyline'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 Skyline's interrelated accounts and indicators.
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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Skyline has a Probability Of Bankruptcy of 3.0%. This is 92.75% lower than that of the Household Durables sector and 93.67% lower than that of the Consumer Discretionary industry. The probability of bankruptcy for all United States stocks is 92.47% higher than that of the company.

Skyline Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skyline's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skyline could also be used in its relative valuation, which is a method of valuing Skyline by comparing valuation metrics of similar companies.
Skyline is currently under evaluation in probability of bankruptcy category among its peers.

Skyline Main Bankruptcy Drivers

202020212022202320242025 (projected)
Net Debt(197.5M)(387.5M)(735.0M)(340.4M)(306.3M)(291.0M)
Total Current Liabilities263.6M350.1M248.9M389.6M448.0M470.4M
Non Current Liabilities Total85.6M59.4M80.8M111.4M128.1M134.5M
Total Assets917.9M1.2B1.6B1.9B2.2B2.3B
Total Current Assets499.8M782.3M1.0B918.3M1.1B1.1B
Total Cash From Operating Activities153.9M224.5M416.2M222.7M256.1M268.9M

Skyline 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, Skyline's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skyline's managers, analysts, and investors.
Environmental
Governance
Social

Skyline Fundamentals

About Skyline Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skyline's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skyline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skyline 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.

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Additional Tools for Skyline Stock Analysis

When running Skyline's price analysis, check to measure Skyline'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 Skyline is operating at the current time. Most of Skyline's value examination focuses on studying past and present price action to predict the probability of Skyline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyline's price. Additionally, you may evaluate how the addition of Skyline to your portfolios can decrease your overall portfolio volatility.