SKYT Stock | | | USD 12.99 0.76 5.53% |
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 Cash Per Share and its Payout Ratio 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.
Cash Per Share vs Payout Ratio
Cash Per Share vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Skywater Technology Cash Per Share account and
Payout Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Skywater Technology's Cash Per Share and Payout Ratio is 0.71. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Payout Ratio 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 Cash Per Share and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Skywater Technology are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Cash Per Share i.e., Skywater Technology's Cash Per Share and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash Per Share
Payout Ratio
Payout Ratio is the proportion of Skywater Technology earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Skywater Technology dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Skywater Technology is paying out more in dividends than it makes in net income.
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.
Skywater Technology fundamental ratios Correlations
Click cells to compare fundamentals
Skywater Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Skywater Technology fundamental ratios Accounts
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Additional Tools for Skywater Stock Analysis
When running Skywater Technology's price analysis, check to
measure Skywater Technology'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 Skywater Technology is operating at the current time. Most of Skywater Technology's value examination focuses on studying past and present price action to
predict the probability of Skywater Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skywater Technology's price. Additionally, you may evaluate how the addition of Skywater Technology to your portfolios can decrease your overall portfolio volatility.