SKS Net Receivables vs Total Stockholder Equity Analysis

SKS Stock

2.22 0.05 2.30%

SKS Technologies financial indicator trend analysis is much more than just breaking down SKS Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SKS Technologies is a good investment. Please check the relationship between SKS Technologies Net Receivables and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKS Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SKS Technologies Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between SKS Technologies' Net Receivables and Total Stockholder Equity is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of SKS Technologies Group, assuming nothing else is changed. The correlation between historical values of SKS Technologies' Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of SKS Technologies Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., SKS Technologies' Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from SKS Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SKS Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKS Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 7.2 M in 2025, whereas Discontinued Operations is likely to drop (869.40) in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	772.1K	588.3K	529.5K	473.1K
Depreciation And Amortization	1.4M	932.8K	839.5K	460.6K

Interest Expense Depreciation And Amortization

SKS Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Common Stock Shares Outstanding	Non Currrent Assets Other	Intangible Assets	Other Stockholder Equity
Total Assets		0.77	0.77	0.95	0.89	0.93	0.92	0.42	0.12	0.96	0.69	0.94	0.69	0.96	0.88	-0.29	-0.18	0.99	0.99	-0.01	0.73	0.73	0.79	0.0	0.03	0.05
Short Long Term Debt Total	0.77		0.53	0.67	0.73	0.78	0.57	0.81	0.11	0.65	0.47	0.8	0.47	0.67	0.84	-0.05	-0.07	0.75	0.74	0.4	0.52	0.51	0.54	-0.14	0.24	-0.01
Other Current Liab	0.77	0.53		0.73	0.65	0.72	0.71	0.25	0.18	0.68	0.55	0.68	0.55	0.72	0.63	-0.15	-0.09	0.77	0.77	-0.07	0.43	0.46	0.45	-0.1	0.13	-0.38
Total Current Liabilities	0.95	0.67	0.73		0.75	0.82	0.97	0.26	0.02	0.99	0.76	0.84	0.76	1.0	0.74	-0.43	-0.16	0.97	0.97	0.04	0.8	0.76	0.83	0.19	-0.18	0.02
Total Stockholder Equity	0.89	0.73	0.65	0.75		0.94	0.75	0.44	0.47	0.76	0.59	0.9	0.59	0.79	0.89	0.06	-0.26	0.8	0.85	-0.18	0.41	0.49	0.51	-0.38	0.39	0.0
Property Plant And Equipment Net	0.93	0.78	0.72	0.82	0.94		0.81	0.56	0.26	0.82	0.49	0.98	0.49	0.85	0.91	-0.13	-0.19	0.87	0.88	-0.14	0.56	0.65	0.66	-0.3	0.36	0.08
Current Deferred Revenue	0.92	0.57	0.71	0.97	0.75	0.81		0.15	0.11	0.97	0.77	0.82	0.77	0.98	0.7	-0.48	-0.1	0.94	0.94	-0.13	0.72	0.71	0.79	0.17	-0.2	0.05
Net Debt	0.42	0.81	0.25	0.26	0.44	0.56	0.15		-0.06	0.27	-0.13	0.6	-0.13	0.27	0.63	0.1	-0.02	0.39	0.33	0.41	0.29	0.35	0.32	-0.31	0.48	0.18
Retained Earnings	0.12	0.11	0.18	0.02	0.47	0.26	0.11	-0.06		-0.02	0.28	0.12	0.28	0.06	0.19	0.51	-0.16	-0.01	0.12	-0.32	-0.54	-0.49	-0.43	-0.63	0.48	-0.41
Accounts Payable	0.96	0.65	0.68	0.99	0.76	0.82	0.97	0.27	-0.02		0.73	0.86	0.73	0.99	0.75	-0.44	-0.17	0.97	0.97	0.01	0.83	0.79	0.87	0.21	-0.18	0.11
Cash	0.69	0.47	0.55	0.76	0.59	0.49	0.77	-0.13	0.28	0.73		0.47	1.0	0.76	0.49	-0.25	-0.09	0.69	0.76	0.05	0.46	0.36	0.45	0.22	-0.31	-0.29
Non Current Assets Total	0.94	0.8	0.68	0.84	0.9	0.98	0.82	0.6	0.12	0.86	0.47		0.47	0.86	0.9	-0.24	-0.22	0.91	0.89	-0.06	0.67	0.74	0.76	-0.16	0.25	0.2
Cash And Short Term Investments	0.69	0.47	0.55	0.76	0.59	0.49	0.77	-0.13	0.28	0.73	1.0	0.47		0.76	0.49	-0.25	-0.09	0.69	0.76	0.05	0.46	0.36	0.45	0.22	-0.31	-0.29
Net Receivables	0.96	0.67	0.72	1.0	0.79	0.85	0.98	0.27	0.06	0.99	0.76	0.86	0.76		0.77	-0.43	-0.14	0.97	0.98	-0.01	0.79	0.76	0.83	0.16	-0.15	0.03
Non Current Liabilities Total	0.88	0.84	0.63	0.74	0.89	0.91	0.7	0.63	0.19	0.75	0.49	0.9	0.49	0.77		-0.05	0.04	0.82	0.84	-0.1	0.57	0.59	0.62	-0.27	0.34	0.04
Inventory	-0.29	-0.05	-0.15	-0.43	0.06	-0.13	-0.48	0.1	0.51	-0.44	-0.25	-0.24	-0.25	-0.43	-0.05		-0.28	-0.4	-0.3	0.07	-0.61	-0.58	-0.65	-0.75	0.7	-0.29
Other Current Assets	-0.18	-0.07	-0.09	-0.16	-0.26	-0.19	-0.1	-0.02	-0.16	-0.17	-0.09	-0.22	-0.09	-0.14	0.04	-0.28		-0.14	-0.16	-0.25	-0.05	-0.09	-0.1	0.11	-0.14	-0.15
Total Liab	0.99	0.75	0.77	0.97	0.8	0.87	0.94	0.39	-0.01	0.97	0.69	0.91	0.69	0.97	0.82	-0.4	-0.14		0.99	0.05	0.8	0.78	0.84	0.14	-0.09	0.07
Total Current Assets	0.99	0.74	0.77	0.97	0.85	0.88	0.94	0.33	0.12	0.97	0.76	0.89	0.76	0.98	0.84	-0.3	-0.16	0.99		0.01	0.73	0.71	0.77	0.07	-0.05	-0.01
Short Term Debt	-0.01	0.4	-0.07	0.04	-0.18	-0.14	-0.13	0.41	-0.32	0.01	0.05	-0.06	0.05	-0.01	-0.1	0.07	-0.25	0.05	0.01		0.18	0.06	0.05	0.28	-0.2	-0.07
Common Stock	0.73	0.52	0.43	0.8	0.41	0.56	0.72	0.29	-0.54	0.83	0.46	0.67	0.46	0.79	0.57	-0.61	-0.05	0.8	0.73	0.18		0.95	0.97	0.47	-0.34	0.31
Good Will	0.73	0.51	0.46	0.76	0.49	0.65	0.71	0.35	-0.49	0.79	0.36	0.74	0.36	0.76	0.59	-0.58	-0.09	0.78	0.71	0.06	0.95		0.94	0.31	-0.19	0.39
Common Stock Shares Outstanding	0.79	0.54	0.45	0.83	0.51	0.66	0.79	0.32	-0.43	0.87	0.45	0.76	0.45	0.83	0.62	-0.65	-0.1	0.84	0.77	0.05	0.97	0.94		0.41	-0.29	0.39
Non Currrent Assets Other	0.0	-0.14	-0.1	0.19	-0.38	-0.3	0.17	-0.31	-0.63	0.21	0.22	-0.16	0.22	0.16	-0.27	-0.75	0.11	0.14	0.07	0.28	0.47	0.31	0.41		-0.94	0.13
Intangible Assets	0.03	0.24	0.13	-0.18	0.39	0.36	-0.2	0.48	0.48	-0.18	-0.31	0.25	-0.31	-0.15	0.34	0.7	-0.14	-0.09	-0.05	-0.2	-0.34	-0.19	-0.29	-0.94		-0.13
Other Stockholder Equity	0.05	-0.01	-0.38	0.02	0.0	0.08	0.05	0.18	-0.41	0.11	-0.29	0.2	-0.29	0.03	0.04	-0.29	-0.15	0.07	-0.01	-0.07	0.31	0.39	0.39	0.13	-0.13

Click cells to compare fundamentals

SKS Technologies Account Relationship Matchups

SKS Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.6M	30.6M	28.8M	59.7M	53.8M	52.3M
Short Long Term Debt Total	1.4M	7.7M	7.4M	7.6M	6.8M	7.2M
Total Current Liabilities	13.0M	21.1M	18.4M	41.0M	47.1M	49.5M
Total Stockholder Equity	1.8M	5.1M	5.6M	12.2M	11.0M	10.6M
Property Plant And Equipment Net	2.3M	6.0M	6.7M	9.9M	8.9M	9.4M
Current Deferred Revenue	4.2M	6.1M	3.7M	12.8M	14.7M	15.4M
Net Debt	1.3M	7.6M	7.4M	4.2M	3.8M	3.1M
Retained Earnings	(20.3M)	(17.2M)	(16.8M)	(10.4M)	(9.4M)	(8.9M)
Accounts Payable	7.9M	11.0M	8.7M	19.2M	22.1M	23.2M
Cash	109.2K	39.5K	8.6K	3.4M	3.9M	4.1M
Non Current Assets Total	4.9M	10.0M	10.3M	13.6M	12.3M	11.6M
Cash And Short Term Investments	109.2K	39.5K	8.6K	3.4M	3.9M	4.1M
Net Receivables	11.5M	20.2M	18.1M	42.3M	48.6M	51.0M
Liabilities And Stockholders Equity	16.6M	30.6M	28.8M	59.7M	53.8M	52.3M
Non Current Liabilities Total	1.8M	4.5M	4.9M	6.6M	5.9M	5.6M
Inventory	46.5K	102.9K	49.3K	142.1K	127.9K	121.5K
Other Current Assets	123.7K	287.7K	369.2K	354.1K	318.7K	302.8K
Total Liab	14.8M	25.5M	23.3M	47.6M	42.8M	41.6M
Total Current Assets	11.8M	20.6M	18.5M	46.1M	41.5M	43.6M
Short Term Debt	448.5K	3.5M	2.6M	1.7M	1.9M	2.0M
Common Stock	22.1M	22.1M	22.4M	22.6M	26.0M	27.3M
Non Currrent Assets Other	140.0K	115.7K	51.0	16.1K	14.5K	13.8K
Intangible Assets	30.5K	51.7K	1.9M	16.1K	14.5K	13.7K
Other Liab	1.0M	846.2K	269.2K	86.8K	99.8K	94.8K
Net Tangible Assets	(1.8M)	(78.6K)	3.2M	3.7M	4.3M	4.5M
Short Long Term Debt	3.3M	1.4M	2.7M	1.8M	1.6M	2.6M
Property Plant Equipment	1.1M	2.3M	6.0M	6.7M	7.7M	8.1M
Long Term Debt Total	482.5K	939.6K	4.2M	4.8M	5.5M	5.8M
Capital Lease Obligations	1.4M	5.0M	5.6M	7.6M	8.7M	9.2M
Net Invested Capital	1.8M	7.7M	7.4M	12.2M	14.0M	14.7M
Net Working Capital	(1.3M)	(448.6K)	103.9K	5.1M	5.9M	6.2M
Other Assets	680.0K	2.1M	1.0	2.1M	2.4M	2.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for SKS Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC