SKGR Historical Financial Ratios
| SKGR Stock | USD 12.65 0.03 0.24% |
SK Growth is promptly reporting on over 69 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Free Cash Flow Yield of 8.0E-4, Invested Capital of 0.0, Operating Cash Flow Per Share of 0.0095 or Average Payables of 932 will help investors to properly organize and evaluate SK Growth Opportunities financial condition quickly.
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About SKGR Financial Ratios Analysis
SK Growth OpportunitiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate SK Growth investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on SKGR financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across SK Growth history.
SK Growth Financial Ratios Chart
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Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Net Debt To E B I T D A
A leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Most ratios from SK Growth's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into SK Growth Opportunities current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 SK Growth Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, SK Growth's Tangible Book Value Per Share is relatively stable compared to the past year. As of 03/28/2025, Price Earnings Ratio is likely to grow to 38.40, while PB Ratio is likely to drop (6.99).
| 2010 | 2024 | 2025 (projected) | Current Ratio | 0.17 | 0.018 | 0.0171 | Net Debt To EBITDA | 0.67 | 0.0696 | 0.0661 |
SK Growth fundamentals Correlations
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SK Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with SK Growth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SK Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SK Growth will appreciate offsetting losses from the drop in the long position's value.Moving against SKGR Stock
| 0.85 | RENEW | Cartesian Growth | PairCorr |
| 0.4 | ORGN | Origin Materials | PairCorr |
| 0.39 | SYF | Synchrony Financial | PairCorr |
| 0.38 | ECPG | Encore Capital Group | PairCorr |
| 0.36 | CNF | CNFinance Holdings | PairCorr |
The ability to find closely correlated positions to SK Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SK Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SK Growth Opportunities to buy it.
The correlation of SK Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SK Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Growth Opportunities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SK Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SKGR Stock Analysis
When running SK Growth's price analysis, check to measure SK Growth'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 SK Growth is operating at the current time. Most of SK Growth's value examination focuses on studying past and present price action to predict the probability of SK Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Growth's price. Additionally, you may evaluate how the addition of SK Growth to your portfolios can decrease your overall portfolio volatility.