Skye Historical Balance Sheet
SKYE Stock | USD 2.83 0.28 10.98% |
Trend analysis of Skye Bioscience, Common balance sheet accounts such as Other Assets of 0.86, Other Current Assets of 11.5 M, Other Stockholder Equity of 107.4 M or Total Current Assets of 12.2 M provides information on Skye Bioscience,'s total assets, liabilities, and equity, which is the actual value of Skye Bioscience, Common to its prevalent stockholders. By breaking down trends over time using Skye Bioscience, balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Skye Bioscience, Common latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Skye Bioscience, Common is a good buy for the upcoming year.
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About Skye Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Skye Bioscience, Common at a specified time, usually calculated after every quarter, six months, or one year. Skye Bioscience, Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Skye Bioscience, and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Skye currently owns. An asset can also be divided into two categories, current and non-current.
Skye Bioscience, Balance Sheet Chart
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Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from Skye Bioscience,'s balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Skye Bioscience, Common current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Skye Bioscience, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At present, Skye Bioscience,'s Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 11.5 M, whereas Retained Earnings are projected to grow to (99.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 3.9M | 12.1M | 13.9M | 14.6M | Other Current Liabilities | 954.9K | 7.6M | 8.3M | 4.7M |
Skye Bioscience, balance sheet Correlations
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Skye Bioscience, Account Relationship Matchups
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Skye Bioscience, 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 | |
Total Current Liabilities | 970.8K | 787.2K | 3.9M | 12.1M | 13.9M | 14.6M | |
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 | 11.0M | 11.5M | |
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 | |
Property Plant Equipment | 3.4K | 2.0K | 7.3K | 234.7K | 269.9K | 283.4K | |
Total Assets | 2.0M | 2.7M | 9.9M | 9.1M | 11.9M | 6.0M | |
Total Stockholder Equity | 548.1K | 450.8K | 5.9M | (3.0M) | (2.1M) | (2.2M) | |
Cash | 1.8M | 2.5M | 9.0M | 1.2M | 1.3M | 1.2M | |
Non Current Assets Total | 2.0K | 7.3K | 243.0K | 167.4K | 289.6K | 304.0K | |
Common Stock Shares Outstanding | 182.9M | 1.0M | 1.7M | 493.7M | 7.0M | 6.7M | |
Non Current Liabilities Total | 477.9K | 1.4M | 78.7K | 1.7M | 171.2K | 162.7K | |
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 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skye Bioscience, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Biotechnology 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 Skye Bioscience,. If investors know Skye 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 Skye Bioscience, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Skye Bioscience, Common is measured differently than its book value, which is the value of Skye that is recorded on the company's balance sheet. Investors also form their own opinion of Skye Bioscience,'s value that differs from its market value or its book value, called intrinsic value, which is Skye Bioscience,'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 Skye Bioscience,'s market value can be influenced by many factors that don't directly affect Skye Bioscience,'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 Skye Bioscience,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Skye Bioscience, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skye Bioscience,'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.