Skywater Roic vs Price To Sales Ratio Analysis

SKYT Stock

USD 13.08 2.92 28.74%

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 Roic and its Price To Sales 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.

Roic vs Price To Sales Ratio

Roic vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skywater Technology Roic account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.

The correlation between Skywater Technology's Roic and Price To Sales Ratio is 0.64. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Price To Sales 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 Roic and Price To Sales 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 Roic of Skywater Technology are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Roic i.e., Skywater Technology's Roic and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

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Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Skywater Technology stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Skywater Technology sales, a figure that is much harder to manipulate than other Skywater Technology multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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 Expenses	49.6M	55.7M	74.1M	53.9M
Cost Of Revenue	170.3M	187.0M	227.4M	179.0M

Total Operating Expenses Cost Of Revenue

Skywater Technology fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total
Other Current Liab		0.83	0.69	-0.12	-0.71	0.79	-0.27	0.84	-0.02	0.86	-0.34	0.72	0.74	0.63	0.22	0.57	0.86	0.67	0.5	0.58	0.69	-0.05	0.5	-0.61	0.77	0.07
Total Current Liabilities	0.83		0.65	0.17	-0.88	0.96	-0.09	0.84	-0.26	0.93	-0.67	0.86	0.92	0.91	0.51	0.76	0.92	0.83	0.87	0.77	0.59	-0.22	0.87	-0.81	0.78	0.0
Other Liab	0.69	0.65		-0.16	-0.74	0.58	0.38	0.69	0.12	0.79	-0.47	0.86	0.81	0.73	0.36	0.9	0.81	0.78	0.58	0.9	0.8	0.42	0.58	-0.82	0.51	0.57
Net Tangible Assets	-0.12	0.17	-0.16		-0.36	-0.05	-0.18	0.28	-0.76	0.21	-0.56	0.18	0.22	0.07	0.85	0.06	0.13	-0.25	0.41	0.07	0.19	-0.59	0.41	-0.32	0.36	-0.5
Retained Earnings	-0.71	-0.88	-0.74	-0.36		-0.76	0.09	-0.86	0.44	-0.92	0.83	-0.89	-0.96	-0.87	-0.75	-0.86	-0.91	-0.74	-0.88	-0.86	-0.76	0.21	-0.88	0.96	-0.89	0.02
Accounts Payable	0.79	0.96	0.58	-0.05	-0.76		-0.1	0.74	-0.16	0.84	-0.52	0.74	0.82	0.9	0.3	0.67	0.82	0.87	0.81	0.68	0.41	-0.21	0.81	-0.68	0.66	0.0
Other Assets	-0.27	-0.09	0.38	-0.18	0.09	-0.1		-0.15	0.39	-0.03	-0.01	0.21	0.07	0.17	0.02	0.35	-0.01	0.18	0.13	0.34	0.04	0.68	0.13	-0.16	-0.51	0.78
Net Receivables	0.84	0.84	0.69	0.28	-0.86	0.74	-0.15		-0.47	0.97	-0.48	0.74	0.8	0.69	0.64	0.62	0.81	0.56	0.74	0.63	0.64	-0.3	0.74	-0.75	0.8	-0.13
Inventory	-0.02	-0.26	0.12	-0.76	0.44	-0.16	0.39	-0.47		-0.35	0.35	-0.06	-0.23	-0.19	-0.74	-0.02	-0.08	0.11	-0.49	-0.03	0.03	0.87	-0.49	0.28	-0.47	0.78
Total Current Assets	0.86	0.93	0.79	0.21	-0.92	0.84	-0.03	0.97	-0.35		-0.6	0.86	0.91	0.83	0.62	0.77	0.91	0.73	0.83	0.78	0.7	-0.18	0.83	-0.85	0.8	0.02
Common Stock	-0.34	-0.67	-0.47	-0.56	0.83	-0.52	-0.01	-0.48	0.35	-0.6		-0.8	-0.83	-0.73	-0.77	-0.78	-0.74	-0.58	-0.79	-0.78	-0.67	0.14	-0.79	0.87	-0.7	-0.04
Property Plant Equipment	0.72	0.86	0.86	0.18	-0.89	0.74	0.21	0.74	-0.06	0.86	-0.8		0.97	0.87	0.59	0.94	0.97	0.82	0.8	0.95	0.86	0.17	0.8	-0.95	0.7	0.38
Total Assets	0.74	0.92	0.81	0.22	-0.96	0.82	0.07	0.8	-0.23	0.91	-0.83	0.97		0.94	0.64	0.93	0.96	0.86	0.89	0.94	0.78	-0.03	0.89	-0.97	0.8	0.19
Short Long Term Debt Total	0.63	0.91	0.73	0.07	-0.87	0.9	0.17	0.69	-0.19	0.83	-0.73	0.87	0.94		0.5	0.89	0.85	0.94	0.93	0.9	0.53	-0.05	0.93	-0.88	0.64	0.19
Total Stockholder Equity	0.22	0.51	0.36	0.85	-0.75	0.3	0.02	0.64	-0.74	0.62	-0.77	0.59	0.64	0.5		0.53	0.52	0.2	0.74	0.54	0.52	-0.41	0.74	-0.74	0.61	-0.24
Property Plant And Equipment Net	0.57	0.76	0.9	0.06	-0.86	0.67	0.35	0.62	-0.02	0.77	-0.78	0.94	0.93	0.89	0.53		0.87	0.87	0.79	1.0	0.77	0.27	0.79	-0.95	0.6	0.47
Current Deferred Revenue	0.86	0.92	0.81	0.13	-0.91	0.82	-0.01	0.81	-0.08	0.91	-0.74	0.97	0.96	0.85	0.52	0.87		0.82	0.77	0.88	0.85	0.05	0.77	-0.9	0.81	0.24
Net Debt	0.67	0.83	0.78	-0.25	-0.74	0.87	0.18	0.56	0.11	0.73	-0.58	0.82	0.86	0.94	0.2	0.87	0.82		0.74	0.87	0.53	0.19	0.74	-0.77	0.55	0.38
Cash	0.5	0.87	0.58	0.41	-0.88	0.81	0.13	0.74	-0.49	0.83	-0.79	0.8	0.89	0.93	0.74	0.79	0.77	0.74		0.8	0.46	-0.3	1.0	-0.87	0.65	-0.04
Non Current Assets Total	0.58	0.77	0.9	0.07	-0.86	0.68	0.34	0.63	-0.03	0.78	-0.78	0.95	0.94	0.9	0.54	1.0	0.88	0.87	0.8		0.78	0.26	0.8	-0.96	0.61	0.46
Non Currrent Assets Other	0.69	0.59	0.8	0.19	-0.76	0.41	0.04	0.64	0.03	0.7	-0.67	0.86	0.78	0.53	0.52	0.77	0.85	0.53	0.46	0.78		0.28	0.46	-0.81	0.71	0.38
Long Term Debt	-0.05	-0.22	0.42	-0.59	0.21	-0.21	0.68	-0.3	0.87	-0.18	0.14	0.17	-0.03	-0.05	-0.41	0.27	0.05	0.19	-0.3	0.26	0.28		-0.3	-0.02	-0.39	0.96
Cash And Short Term Investments	0.5	0.87	0.58	0.41	-0.88	0.81	0.13	0.74	-0.49	0.83	-0.79	0.8	0.89	0.93	0.74	0.79	0.77	0.74	1.0	0.8	0.46	-0.3		-0.87	0.65	-0.04
Common Stock Total Equity	-0.61	-0.81	-0.82	-0.32	0.96	-0.68	-0.16	-0.75	0.28	-0.85	0.87	-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
Common Stock Shares Outstanding	0.77	0.78	0.51	0.36	-0.89	0.66	-0.51	0.8	-0.47	0.8	-0.7	0.7	0.8	0.64	0.61	0.6	0.81	0.55	0.65	0.61	0.71	-0.39	0.65	-0.76		-0.29
Non Current Liabilities Total	0.07	0.0	0.57	-0.5	0.02	0.0	0.78	-0.13	0.78	0.02	-0.04	0.38	0.19	0.19	-0.24	0.47	0.24	0.38	-0.04	0.46	0.38	0.96	-0.04	-0.22	-0.29

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Skywater Technology Account Relationship Matchups

Skywater Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	28.2M	34.4M	17.1M	25.2M	47.6M	31.4M
Total Current Liabilities	46.6M	86.3M	47.8M	132.2M	144.2M	91.3M
Other Liab	75.9M	108.6M	97.5M	75.1M	86.3M	86.4M
Net Tangible Assets	22.5M	(4.6M)	57.2M	48.1M	55.3M	35.2M
Retained Earnings	16.8M	(3.8M)	(54.5M)	(94.1M)	(125.2M)	(118.9M)
Accounts Payable	11.3M	16.8M	7.6M	21.1M	19.6M	15.9M
Other Assets	2.4M	4.0M	4.8M	3.5M	1.0	0.95
Net Receivables	62.0M	30.0M	40.1M	62.8M	95.8M	56.8M
Inventory	16.0M	27.2M	17.5M	13.4M	15.3M	14.3M
Total Current Assets	84.5M	76.6M	74.4M	116.6M	146.4M	98.4M
Common Stock	7.3M	3.8M	398K	437K	470K	446.5K
Property Plant Equipment	101.9M	178.1M	180.5M	180.1M	207.1M	164.3M

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