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 Warrants and its Total Current Liabilities 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.
Warrants vs Total Current Liabilities
Warrants vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blacksky Technology Warrants account and
Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Blacksky Technology's Warrants and Total Current Liabilities is -0.88. Overlapping area represents the amount of variation of Warrants that can explain the historical movement of Total Current Liabilities 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 Warrants and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Warrants of Blacksky Technology are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Warrants i.e., Blacksky Technology's Warrants and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Warrants
Securities that give the holder the right to purchase a company's stock at a specified price before a certain date. Warrants are similar to options but are typically issued directly by the company.
Total Current Liabilities
Total Current Liabilities is an item on Blacksky Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blacksky Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.