Blacksky Investments vs Change In Cash Analysis

BKSY Stock  USD 11.37  0.34  3.08%   
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 Investments and its Change In Cash 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.

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blacksky Technology Investments account and Change In Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blacksky Technology's Investments and Change In Cash is 0.71. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Cash 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 Investments and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Blacksky Technology are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Investments i.e., Blacksky Technology's Investments and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change In Cash

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.