SKYT Stock | | | USD 16.22 3.14 24.01% |
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 Long Term Debt and its Property Plant And Equipment Net 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.
Long Term Debt vs Property Plant And Equipment Net
Long Term Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Skywater Technology Long Term Debt account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Skywater Technology's Long Term Debt and Property Plant And Equipment Net is 0.27. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net 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 Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Skywater Technology are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., Skywater Technology's Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Skywater Technology has held for over one year. Long-term debt appears on Skywater Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Skywater Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
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