Blacksky Cash And Short Term Investments vs Common Stock Total Equity Analysis

BKSY Stock  USD 11.03  0.36  3.37%   
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 Cash And Short Term Investments and its Common Stock Total Equity 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.

Cash And Short Term Investments vs Common Stock Total Equity

Cash And Short Term Investments vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blacksky Technology Cash And Short Term Investments account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blacksky Technology's Cash And Short Term Investments and Common Stock Total Equity is 0.46. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Total Equity 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 Cash And Short Term Investments and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Blacksky Technology are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash And Short Term Investments i.e., Blacksky Technology's Cash And Short Term Investments and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Blacksky Technology balance sheet. This account contains Blacksky Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Blacksky Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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.
 2021 2023 2024 (projected)
Interest Expense5.4M9.3M5.7M
Depreciation And Amortization14.3M44.3M24.8M

Blacksky Technology fundamental ratios Correlations

0.980.940.790.940.34-0.780.650.930.370.750.630.580.870.770.440.620.790.72-0.710.790.760.780.48-0.38-0.61
0.980.930.720.930.53-0.740.480.970.250.610.550.590.820.650.530.560.710.71-0.690.730.730.710.52-0.41-0.66
0.940.930.560.990.4-0.520.540.950.220.580.80.30.660.590.690.50.580.44-0.460.550.490.540.26-0.19-0.36
0.790.720.560.55-0.01-0.980.760.550.710.90.20.890.990.94-0.190.760.990.93-0.880.990.970.990.58-0.41-0.81
0.940.930.990.550.44-0.520.510.970.140.560.790.30.650.570.710.430.560.46-0.450.540.50.540.25-0.18-0.37
0.340.530.4-0.010.44-0.11-0.490.61-0.4-0.32-0.010.220.11-0.250.650.02-0.080.19-0.140.030.12-0.040.23-0.21-0.41
-0.78-0.74-0.52-0.98-0.52-0.11-0.65-0.57-0.65-0.82-0.09-0.92-0.97-0.870.18-0.76-0.96-0.960.95-0.99-0.99-0.97-0.710.570.9
0.650.480.540.760.51-0.49-0.650.370.660.960.580.380.730.93-0.130.550.820.54-0.570.730.620.780.29-0.2-0.26
0.930.970.950.550.970.61-0.570.370.080.470.640.40.670.50.70.440.540.54-0.540.560.560.540.41-0.34-0.51
0.370.250.220.710.14-0.4-0.650.660.080.740.020.590.630.74-0.480.890.760.48-0.530.70.570.640.16-0.13-0.48
0.750.610.580.90.56-0.32-0.820.960.470.740.460.610.870.99-0.160.70.940.72-0.710.880.80.90.38-0.26-0.5
0.630.550.80.20.79-0.01-0.090.580.640.020.46-0.210.280.410.680.110.260.01-0.030.160.070.22-0.110.140.22
0.580.590.30.890.30.22-0.920.380.40.590.61-0.210.870.69-0.310.680.830.94-0.830.890.940.860.61-0.42-0.96
0.870.820.660.990.650.11-0.970.730.670.630.870.280.870.92-0.040.740.980.94-0.890.980.970.980.63-0.45-0.82
0.770.650.590.940.57-0.25-0.870.930.50.740.990.410.690.92-0.170.720.970.79-0.770.920.850.940.45-0.31-0.58
0.440.530.69-0.190.710.650.18-0.130.7-0.48-0.160.68-0.31-0.04-0.17-0.15-0.19-0.180.18-0.19-0.19-0.18-0.130.10.16
0.620.560.50.760.430.02-0.760.550.440.890.70.110.680.740.72-0.150.790.58-0.660.780.660.670.29-0.29-0.68
0.790.710.580.990.56-0.08-0.960.820.540.760.940.260.830.980.97-0.190.790.89-0.870.990.940.980.56-0.41-0.76
0.720.710.440.930.460.19-0.960.540.540.480.720.010.940.940.79-0.180.580.89-0.910.940.990.940.73-0.53-0.91
-0.71-0.69-0.46-0.88-0.45-0.140.95-0.57-0.54-0.53-0.71-0.03-0.83-0.89-0.770.18-0.66-0.87-0.91-0.92-0.92-0.9-0.880.80.85
0.790.730.550.990.540.03-0.990.730.560.70.880.160.890.980.92-0.190.780.990.94-0.920.980.980.64-0.5-0.85
0.760.730.490.970.50.12-0.990.620.560.570.80.070.940.970.85-0.190.660.940.99-0.920.980.970.69-0.51-0.89
0.780.710.540.990.54-0.04-0.970.780.540.640.90.220.860.980.94-0.180.670.980.94-0.90.980.970.66-0.46-0.78
0.480.520.260.580.250.23-0.710.290.410.160.38-0.110.610.630.45-0.130.290.560.73-0.880.640.690.66-0.93-0.67
-0.38-0.41-0.19-0.41-0.18-0.210.57-0.2-0.34-0.13-0.260.14-0.42-0.45-0.310.1-0.29-0.41-0.530.8-0.5-0.51-0.46-0.930.55
-0.61-0.66-0.36-0.81-0.37-0.410.9-0.26-0.51-0.48-0.50.22-0.96-0.82-0.580.16-0.68-0.76-0.910.85-0.85-0.89-0.78-0.670.55
Click cells to compare fundamentals

Blacksky Technology Account Relationship Matchups

Blacksky Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab56.1M38.4M28.8M17.1M20.7M21.5M
Non Currrent Assets Other(25.5M)39.8M53.2M1.9M9.3M14.4M
Other Stockholder Equity(159.1M)191.2M650.5M667.0M692.1M374.3M

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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.