Skywater Begin Period Cash Flow vs Change In Working Capital Analysis

SKYT Stock  USD 13.75  1.31  10.53%   
Skywater Technology financial indicator trend analysis is much more than just breaking down Skywater Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skywater Technology is a good investment. Please check the relationship between Skywater Technology Begin Period Cash Flow and its Change In Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skywater Technology. 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.
For more information on how to buy Skywater Stock please use our How to Invest in Skywater Technology guide.

Begin Period Cash Flow vs Change In Working Capital

JavaScript chart by amCharts 3.21.152014201620182020202220242M4M6M8M10M12M14M16M18M20M22M24M26M28M30M32M -30M-20M-10M010M20M30M40M50M60M70M80M90M100M
JavaScript chart by amCharts 3.21.15Begin Period Cash Flowtotal: 90MChange In Working Capitaltotal: 70.1M

Begin Period Cash Flow vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skywater Technology Begin Period Cash Flow account and Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
Begin Period Cash FlowChange In Working CapitalDiversified AwayBegin Period Cash FlowChange In Working CapitalDiversified Away100%
The correlation between Skywater Technology's Begin Period Cash Flow and Change In Working Capital is -0.16. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Skywater Technology, assuming nothing else is changed. The correlation between historical values of Skywater Technology's Begin Period Cash Flow and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Skywater Technology are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Begin Period Cash Flow i.e., Skywater Technology's Begin Period Cash Flow and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Skywater Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skywater Technology 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 Skywater Technology. 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.
For more information on how to buy Skywater Stock please use our How to Invest in Skywater Technology guide.At this time, Skywater Technology's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 7.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses49.6M55.7M74.1M53.9M
Cost Of Revenue170.3M187.0M227.4M179.0M

Skywater Technology fundamental ratios Correlations

0.830.69-0.12-0.710.79-0.270.84-0.020.86-0.340.720.740.630.220.570.860.670.50.580.69-0.050.5-0.610.770.07
0.830.650.17-0.880.96-0.090.84-0.260.93-0.670.860.920.910.510.760.920.830.870.770.59-0.220.87-0.810.780.0
0.690.65-0.16-0.740.580.380.690.120.79-0.470.860.810.730.360.90.810.780.580.90.80.420.58-0.820.510.57
-0.120.17-0.16-0.36-0.05-0.180.28-0.760.21-0.560.180.220.070.850.060.13-0.250.410.070.19-0.590.41-0.320.36-0.5
-0.71-0.88-0.74-0.36-0.760.09-0.860.44-0.920.83-0.89-0.96-0.87-0.75-0.86-0.91-0.74-0.88-0.86-0.760.21-0.880.96-0.890.02
0.790.960.58-0.05-0.76-0.10.74-0.160.84-0.520.740.820.90.30.670.820.870.810.680.41-0.210.81-0.680.660.0
-0.27-0.090.38-0.180.09-0.1-0.150.39-0.03-0.010.210.070.170.020.35-0.010.180.130.340.040.680.13-0.16-0.510.78
0.840.840.690.28-0.860.74-0.15-0.470.97-0.480.740.80.690.640.620.810.560.740.630.64-0.30.74-0.750.8-0.13
-0.02-0.260.12-0.760.44-0.160.39-0.47-0.350.35-0.06-0.23-0.19-0.74-0.02-0.080.11-0.49-0.030.030.87-0.490.28-0.470.78
0.860.930.790.21-0.920.84-0.030.97-0.35-0.60.860.910.830.620.770.910.730.830.780.7-0.180.83-0.850.80.02
-0.34-0.67-0.47-0.560.83-0.52-0.01-0.480.35-0.6-0.8-0.83-0.73-0.77-0.78-0.74-0.58-0.79-0.78-0.670.14-0.790.87-0.7-0.04
0.720.860.860.18-0.890.740.210.74-0.060.86-0.80.970.870.590.940.970.820.80.950.860.170.8-0.950.70.38
0.740.920.810.22-0.960.820.070.8-0.230.91-0.830.970.940.640.930.960.860.890.940.78-0.030.89-0.970.80.19
0.630.910.730.07-0.870.90.170.69-0.190.83-0.730.870.940.50.890.850.940.930.90.53-0.050.93-0.880.640.19
0.220.510.360.85-0.750.30.020.64-0.740.62-0.770.590.640.50.530.520.20.740.540.52-0.410.74-0.740.61-0.24
0.570.760.90.06-0.860.670.350.62-0.020.77-0.780.940.930.890.530.870.870.791.00.770.270.79-0.950.60.47
0.860.920.810.13-0.910.82-0.010.81-0.080.91-0.740.970.960.850.520.870.820.770.880.850.050.77-0.90.810.24
0.670.830.78-0.25-0.740.870.180.560.110.73-0.580.820.860.940.20.870.820.740.870.530.190.74-0.770.550.38
0.50.870.580.41-0.880.810.130.74-0.490.83-0.790.80.890.930.740.790.770.740.80.46-0.31.0-0.870.65-0.04
0.580.770.90.07-0.860.680.340.63-0.030.78-0.780.950.940.90.541.00.880.870.80.780.260.8-0.960.610.46
0.690.590.80.19-0.760.410.040.640.030.7-0.670.860.780.530.520.770.850.530.460.780.280.46-0.810.710.38
-0.05-0.220.42-0.590.21-0.210.68-0.30.87-0.180.140.17-0.03-0.05-0.410.270.050.19-0.30.260.28-0.3-0.02-0.390.96
0.50.870.580.41-0.880.810.130.74-0.490.83-0.790.80.890.930.740.790.770.741.00.80.46-0.3-0.870.65-0.04
-0.61-0.81-0.82-0.320.96-0.68-0.16-0.750.28-0.850.87-0.95-0.97-0.88-0.74-0.95-0.9-0.77-0.87-0.96-0.81-0.02-0.87-0.76-0.22
0.770.780.510.36-0.890.66-0.510.8-0.470.8-0.70.70.80.640.610.60.810.550.650.610.71-0.390.65-0.76-0.29
0.070.00.57-0.50.020.00.78-0.130.780.02-0.040.380.190.19-0.240.470.240.38-0.040.460.380.96-0.04-0.22-0.29
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Skywater Technology Account Relationship Matchups

Skywater Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab28.2M34.4M17.1M25.2M47.6M31.4M
Total Current Liabilities46.6M86.3M47.8M132.2M144.2M91.3M
Other Liab75.9M108.6M97.5M75.1M86.3M86.4M
Net Tangible Assets22.5M(4.6M)57.2M48.1M55.3M35.2M
Retained Earnings16.8M(3.8M)(54.5M)(94.1M)(125.2M)(118.9M)
Accounts Payable11.3M16.8M7.6M21.1M19.6M15.9M
Other Assets2.4M4.0M4.8M3.5M1.00.95
Net Receivables62.0M30.0M40.1M62.8M95.8M56.8M
Inventory16.0M27.2M17.5M13.4M15.3M14.3M
Total Current Assets84.5M76.6M74.4M116.6M146.4M98.4M
Common Stock7.3M3.8M398K437K470K446.5K
Property Plant Equipment101.9M178.1M180.5M180.1M207.1M164.3M

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