BKSY Stock | | | USD 11.68 0.73 6.67% |
Blacksky Technology financial indicator trend analysis is way more than just evaluating Blacksky Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blacksky Technology is a good investment. Please check the relationship between Blacksky Technology Capex To Revenue and its Days Of Inventory On Hand accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky 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 state.
For more information on how to buy Blacksky Stock please use our
How to Invest in Blacksky Technology guide.
Capex To Revenue vs Days Of Inventory On Hand
Capex To Revenue vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blacksky Technology Capex To Revenue account and
Days Of Inventory On Hand. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blacksky Technology's Capex To Revenue and Days Of Inventory On Hand is 0.79. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Blacksky Technology, assuming nothing else is changed. The correlation between historical values of Blacksky Technology's Capex To Revenue and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Blacksky Technology are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Capex To Revenue i.e., Blacksky Technology's Capex To Revenue and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Days Of Inventory On Hand
Most indicators from Blacksky Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blacksky 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky 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 state.
For more information on how to buy Blacksky Stock please use our
How to Invest in Blacksky Technology guide.At this time, Blacksky Technology's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 55.1
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 604.5
K in 2024.
Blacksky Technology fundamental ratios Correlations
Click cells to compare fundamentals
Blacksky Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blacksky Technology fundamental ratios Accounts
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Additional Tools for Blacksky Stock Analysis
When running Blacksky Technology's price analysis, check to
measure Blacksky 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 Blacksky Technology is operating at the current time. Most of Blacksky Technology's value examination focuses on studying past and present price action to
predict the probability of Blacksky 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 Blacksky Technology's price. Additionally, you may evaluate how the addition of Blacksky Technology to your portfolios can decrease your overall portfolio volatility.