Skywater Short Term Debt vs Capital Surpluse 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 Short Term Debt and its Capital Surpluse 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.

Short Term Debt vs Capital Surpluse

JavaScript chart by amCharts 3.21.152014201620182020202220242.5M5M10M15M20M25M30M35M40M45M50M 120M125M130M135M140M145M150M155M160M165M
JavaScript chart by amCharts 3.21.15Short Term Debttotal: 139.9MCapital Surplusetotal: 1.5B

Short Term Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skywater Technology Short Term Debt account and Capital Surpluse. At this time, the significance of the direction appears to have strong relationship.
Short Term DebtCapital SurpluseDiversified AwayShort Term DebtCapital SurpluseDiversified Away100%
The correlation between Skywater Technology's Short Term Debt and Capital Surpluse is 0.79. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Surpluse 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 Short Term Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Skywater Technology are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Short Term Debt i.e., Skywater Technology's Short Term Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Capital Surpluse

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
Click cells to compare fundamentals

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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