Skywater Technology Stock Piotroski F Score

SKYT Stock  USD 8.44  0.23  2.65%   
This module uses fundamental data of Skywater Technology to approximate its Piotroski F score. Skywater Technology F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Skywater Technology. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Skywater Technology financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Skywater Technology Altman Z Score, Skywater Technology Correlation, Skywater Technology Valuation, as well as analyze Skywater Technology Alpha and Beta and Skywater Technology Hype Analysis.
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 Total Debt To Capitalization is comparatively stable compared to the past year. Debt Equity Ratio is likely to gain to 1.23 in 2024, whereas Interest Debt Per Share is likely to drop 1.32 in 2024. At this time, Skywater Technology's Current Ratio is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 4.46 in 2024, whereas Book Value Per Share is likely to drop 0.76 in 2024.
At this time, it appears that Skywater Technology's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Skywater Technology Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Skywater Technology is to make sure Skywater is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Skywater Technology's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Skywater Technology's financial numbers are properly reported.
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

Skywater Technology F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Skywater Technology's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Skywater Technology in a much-optimized way.

About Skywater Technology Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

0.76

At this time, Skywater Technology's Book Value Per Share is comparatively stable compared to the past year.

Skywater Technology ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Skywater Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skywater Technology's managers, analysts, and investors.
Environmental
Governance
Social

About Skywater Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skywater Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skywater Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skywater Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.