Blacksky Retained Earnings Total Equity vs Total Current Assets 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 Retained Earnings Total Equity and its Total Current Assets 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.

Retained Earnings Total Equity vs Total Current Assets

Retained Earnings Total Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blacksky Technology Retained Earnings Total Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Blacksky Technology's Retained Earnings Total Equity and Total Current Assets is -0.58. Overlapping area represents the amount of variation of Retained Earnings Total Equity that can explain the historical movement of Total Current Assets 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 Retained Earnings Total Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings Total Equity of Blacksky Technology are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings Total Equity i.e., Blacksky Technology's Retained Earnings Total Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Retained Earnings Total Equity

The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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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