Skywater Technology Stock Today

SKYT Stock  USD 13.08  2.92  28.74%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 31

 
High
 
Low
Below Average
Skywater Technology is selling for under 13.08 as of the 18th of December 2024; that is 28.74 percent increase since the beginning of the trading day. The stock's last reported lowest price was 9.76. Skywater Technology has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of September 2024 and ending today, the 18th of December 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
21st of April 2021
Category
Technology
Classification
Information Technology
SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota. Skywater Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. The company has 47.66 M outstanding shares of which 2.33 M shares are at this time shorted by private and institutional investors with about 4.82 trading days to cover. More on Skywater Technology

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Skywater Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorThomas Sonderman
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.580.9051
Way Down
Very volatile
Gross Profit Margin0.150.2068
Way Down
Slightly volatile
Net Debt59.9 M54.5 M
Significantly Up
Slightly volatile
Total Current Liabilities91.3 M144.2 M
Way Down
Slightly volatile
Non Current Liabilities Total109.7 M111.9 M
Fairly Down
Pretty Stable
Total Assets294.7 M316.8 M
Significantly Down
Slightly volatile
Total Current Assets98.4 M146.4 M
Way Down
Slightly volatile
Debt Levels
Skywater Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Skywater Technology's financial leverage. It provides some insight into what part of Skywater Technology's total assets is financed by creditors.
Liquidity
Skywater Technology currently holds 72.86 M in liabilities with Debt to Equity (D/E) ratio of 2.37, implying the company greatly relies on financing operations through barrowing. Skywater Technology has a current ratio of 1.21, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Skywater Technology's use of debt, we should always consider it together with its cash and equity.

Change To Account Receivables

(31.7 Million)
Skywater Technology (SKYT) is traded on NASDAQ Exchange in USA. It is located in 2401 East 86th Street, Bloomington, MN, United States, 55425 and employs 731 people. Skywater Technology is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 484.18 M. Skywater Technology conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 47.66 M outstanding shares of which 2.33 M shares are at this time shorted by private and institutional investors with about 4.82 trading days to cover. Skywater Technology currently holds about 10.97 M in cash with 10.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
Check Skywater Technology Probability Of Bankruptcy
Ownership Allocation
Skywater Technology shows a total of 47.66 Million outstanding shares. Skywater Technology maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Skywater Ownership Details

Skywater Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
199.3 K
Cubist Systematic Strategies, Llc2024-09-30
176.1 K
Tcg Advisory Services, Llc2024-09-30
169.5 K
Mairs & Power Inc2024-09-30
168.6 K
Marshall Wace Asset Management Ltd2024-09-30
159.5 K
Fortem Financial Group, Llc2024-09-30
140 K
Kennedy Capital Management Inc2024-09-30
117.3 K
Morgan Stanley - Brokerage Accounts2024-09-30
116.8 K
Aqr Capital Management Llc2024-09-30
116.7 K
Blackrock Inc2024-06-30
1.6 M
Vanguard Group Inc2024-09-30
1.4 M
View Skywater Technology Diagnostics

Skywater Technology Historical Income Statement

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 Net Loss is likely to drop (37.4 M) in 2024. View More Fundamentals

Skywater Stock Against Markets

Skywater Technology Corporate Management

Christopher HilbergGeneral OfficerProfile
Sudhakar AdivikolanuSenior TechnologyProfile
Steve MankoChief OfficerProfile
Brad FergusonSenior ProgramsProfile
Steven KosierChief OfficerProfile
Ross MillerSenior BusinessProfile

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.