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 Short Term Investments and its Retained Earnings 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.
Short Term Investments vs Retained Earnings
Short Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blacksky Technology Short Term Investments account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Blacksky Technology's Short Term Investments and Retained Earnings is 0.89. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings 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 Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Blacksky Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., Blacksky Technology's Short Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Blacksky Technology balance sheet. It contains any investments Blacksky Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Blacksky Technology can easily liquidate in the marketplace.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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
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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.