Blue Free Cash Flow Yield vs Average Payables Analysis

BSK Stock

CAD 0.04 0.01 10.00%

Blue Sky financial indicator trend analysis is way more than just evaluating Blue Sky Uranium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Sky Uranium is a good investment. Please check the relationship between Blue Sky Free Cash Flow Yield and its Average Payables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Sky Uranium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Average Payables

Free Cash Flow Yield vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Sky Uranium Free Cash Flow Yield account and Average Payables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Blue Sky's Free Cash Flow Yield and Average Payables is -0.55. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Average Payables in the same time period over historical financial statements of Blue Sky Uranium, assuming nothing else is changed. The correlation between historical values of Blue Sky's Free Cash Flow Yield and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Blue Sky Uranium are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Free Cash Flow Yield i.e., Blue Sky's Free Cash Flow Yield and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Blue Sky's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Sky Uranium 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 Blue Sky Uranium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Blue Sky's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.9 M in 2024, whereas Enterprise Value is likely to drop slightly above 8.5 M in 2024.

Blue Sky fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Net Receivables	Short Term Investments	Non Currrent Assets Other	Inventory	Other Current Assets	Other Current Liab	Net Tangible Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		-0.09	0.92	-0.42	-0.1	0.48	0.37	0.71	0.47	0.06	0.24	-0.09	0.48	0.69	0.45	-0.31	-0.06	0.0	0.02	0.22	0.72	0.0	0.08	0.45	-0.04	-0.24
Total Current Liabilities	-0.09		-0.44	0.09	-0.48	0.57	0.25	-0.24	0.2	0.39	-0.2	1.0	0.17	-0.26	-0.35	-0.33	0.2	-0.08	-0.21	-0.09	-0.55	-0.08	0.41	-0.4	0.32	0.41
Total Stockholder Equity	0.92	-0.44		-0.39	0.14	0.23	0.23	0.73	0.33	-0.17	0.3	-0.44	0.35	0.73	0.53	-0.19	-0.15	0.18	0.08	0.16	0.85	0.18	-0.1	0.57	-0.2	-0.35
Net Debt	-0.42	0.09	-0.39		0.55	-0.11	-0.92	0.28	-0.92	-0.56	0.32	0.09	-0.92	0.29	0.08	0.14	-0.33	0.13	-0.48	-0.02	-0.39	0.13	-0.65	0.35	-0.59	-0.46
Retained Earnings	-0.1	-0.48	0.14	0.55		-0.35	-0.62	0.39	-0.6	-0.93	0.35	-0.48	-0.6	0.43	0.25	0.5	-0.46	0.53	-0.23	-0.22	0.28	0.53	-0.9	0.7	-0.82	-0.7
Accounts Payable	0.48	0.57	0.23	-0.11	-0.35		0.24	0.31	0.28	0.18	0.03	0.57	0.27	0.28	0.11	-0.58	0.04	-0.01	-0.19	0.06	-0.06	-0.01	0.22	-0.05	0.09	0.15
Cash	0.37	0.25	0.23	-0.92	-0.62	0.24		-0.38	0.98	0.61	-0.38	0.25	0.97	-0.39	-0.19	-0.2	0.38	-0.07	0.42	-0.15	0.2	-0.07	0.71	-0.46	0.67	0.57
Non Current Assets Total	0.71	-0.24	0.73	0.28	0.39	0.31	-0.38		-0.29	-0.44	0.53	-0.24	-0.28	1.0	0.52	-0.17	-0.33	0.14	-0.36	0.28	0.58	0.14	-0.45	0.82	-0.59	-0.67
Cash And Short Term Investments	0.47	0.2	0.33	-0.92	-0.6	0.28	0.98	-0.29		0.59	-0.33	0.2	1.0	-0.3	-0.05	-0.21	0.32	-0.09	0.4	-0.11	0.26	-0.09	0.68	-0.39	0.63	0.51
Common Stock Shares Outstanding	0.06	0.39	-0.17	-0.56	-0.93	0.18	0.61	-0.44	0.59		-0.56	0.39	0.58	-0.45	-0.16	-0.16	0.65	-0.66	0.21	0.39	-0.13	-0.66	0.93	-0.56	0.83	0.6
Other Stockholder Equity	0.24	-0.2	0.3	0.32	0.35	0.03	-0.38	0.53	-0.33	-0.56		-0.2	-0.33	0.51	0.03	-0.37	-0.86	0.13	-0.29	-0.23	0.04	0.13	-0.59	0.27	-0.56	-0.42
Total Liab	-0.09	1.0	-0.44	0.09	-0.48	0.57	0.25	-0.24	0.2	0.39	-0.2		0.17	-0.26	-0.35	-0.33	0.2	-0.08	-0.21	-0.09	-0.55	-0.08	0.41	-0.4	0.32	0.41
Total Current Assets	0.48	0.17	0.35	-0.92	-0.6	0.27	0.97	-0.28	1.0	0.58	-0.33	0.17		-0.29	-0.03	-0.23	0.31	-0.09	0.47	-0.1	0.27	-0.09	0.66	-0.4	0.65	0.52
Property Plant And Equipment Net	0.69	-0.26	0.73	0.29	0.43	0.28	-0.39	1.0	-0.3	-0.45	0.51	-0.26	-0.29		0.53	-0.12	-0.32	0.15	-0.37	0.29	0.6	0.15	-0.46	0.85	-0.61	-0.7
Net Receivables	0.45	-0.35	0.53	0.08	0.25	0.11	-0.19	0.52	-0.05	-0.16	0.03	-0.35	-0.03	0.53		0.16	0.03	0.05	-0.08	0.43	0.51	0.05	-0.14	0.57	-0.32	-0.37
Short Term Investments	-0.31	-0.33	-0.19	0.14	0.5	-0.58	-0.2	-0.17	-0.21	-0.16	-0.37	-0.33	-0.23	-0.12	0.16		0.19	-0.1	-0.13	0.21	0.28	-0.1	-0.25	0.41	-0.26	-0.39
Non Currrent Assets Other	-0.06	0.2	-0.15	-0.33	-0.46	0.04	0.38	-0.33	0.32	0.65	-0.86	0.2	0.31	-0.32	0.03	0.19		-0.25	0.25	0.33	0.06	-0.25	0.67	-0.21	0.58	0.4
Inventory	0.0	-0.08	0.18	0.13	0.53	-0.01	-0.07	0.14	-0.09	-0.66	0.13	-0.08	-0.09	0.15	0.05	-0.1	-0.25		-0.04	-0.56	0.06	1.0	-0.37	0.22	-0.42	-0.1
Other Current Assets	0.02	-0.21	0.08	-0.48	-0.23	-0.19	0.42	-0.36	0.4	0.21	-0.29	-0.21	0.47	-0.37	-0.08	-0.13	0.25	-0.04		-0.05	0.03	-0.04	0.21	-0.41	0.61	0.5
Other Current Liab	0.22	-0.09	0.16	-0.02	-0.22	0.06	-0.15	0.28	-0.11	0.39	-0.23	-0.09	-0.1	0.29	0.43	0.21	0.33	-0.56	-0.05		0.32	-0.56	0.28	0.32	0.1	-0.18
Net Tangible Assets	0.72	-0.55	0.85	-0.39	0.28	-0.06	0.2	0.58	0.26	-0.13	0.04	-0.55	0.27	0.6	0.51	0.28	0.06	0.06	0.03	0.32		0.06	-0.08	0.7	-0.24	-0.44
Intangible Assets	0.0	-0.08	0.18	0.13	0.53	-0.01	-0.07	0.14	-0.09	-0.66	0.13	-0.08	-0.09	0.15	0.05	-0.1	-0.25	1.0	-0.04	-0.56	0.06		-0.37	0.22	-0.42	-0.1
Common Stock	0.08	0.41	-0.1	-0.65	-0.9	0.22	0.71	-0.45	0.68	0.93	-0.59	0.41	0.66	-0.46	-0.14	-0.25	0.67	-0.37	0.21	0.28	-0.08	-0.37		-0.57	0.8	0.69
Property Plant Equipment	0.45	-0.4	0.57	0.35	0.7	-0.05	-0.46	0.82	-0.39	-0.56	0.27	-0.4	-0.4	0.85	0.57	0.41	-0.21	0.22	-0.41	0.32	0.7	0.22	-0.57		-0.73	-0.82
Short Long Term Debt Total	-0.04	0.32	-0.2	-0.59	-0.82	0.09	0.67	-0.59	0.63	0.83	-0.56	0.32	0.65	-0.61	-0.32	-0.26	0.58	-0.42	0.61	0.1	-0.24	-0.42	0.8	-0.73		0.82
Current Deferred Revenue	-0.24	0.41	-0.35	-0.46	-0.7	0.15	0.57	-0.67	0.51	0.6	-0.42	0.41	0.52	-0.7	-0.37	-0.39	0.4	-0.1	0.5	-0.18	-0.44	-0.1	0.69	-0.82	0.82

Click cells to compare fundamentals

Blue Sky Account Relationship Matchups

Blue Sky fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	475.9K	1.3M	3.5M	2.0M	1.3M	1.8M
Total Current Liabilities	252.3K	2.0M	606.4K	898.6K	924.5K	555.6K
Total Stockholder Equity	223.6K	(687.8K)	2.9M	1.1M	401.2K	381.2K
Net Debt	(360.6K)	188.4K	(3.3M)	(1.8M)	(1.1M)	(1.1M)
Retained Earnings	(37.4M)	(39.3M)	(45.8M)	(51.4M)	(55.0M)	(52.3M)
Accounts Payable	252.3K	580.7K	606.4K	374.5K	430.6K	351.6K
Cash	360.6K	1.2M	3.3M	1.8M	1.1M	1.0M
Non Current Assets Total	61.0K	70.9K	79.8K	99.7K	202.4K	192.3K
Cash And Short Term Investments	360.6K	1.2M	3.3M	1.8M	1.1M	1.2M
Common Stock Shares Outstanding	113.0M	120.1M	166.7M	193.9M	233.0M	244.6M
Liabilities And Stockholders Equity	475.9K	1.3M	3.5M	2.0M	1.3M	1.8M
Other Stockholder Equity	4.5M	4.6M	4.6M	4.9M	6.8M	8.2M
Total Liab	252.3K	2.0M	606.4K	898.6K	924.5K	555.6K
Total Current Assets	414.9K	1.3M	3.4M	1.9M	1.1M	1.3M
Property Plant And Equipment Net	61.0K	70.9K	79.8K	99.7K	202.4K	192.3K
Net Receivables	7.1K	6.9K	12.1K	18.5K	13.6K	12.5K
Accumulated Other Comprehensive Income	3.2M	4.1M	6.4M	7.3M	6.5M	4.6M
Other Current Assets	47.2K	39.8K	84.5K	91.3K	58.9K	102.0K
Other Current Liab	252.3K	36.2K	851.0	898.6K	924.5K	970.7K
Net Tangible Assets	223.6K	(687.8K)	2.9M	1.1M	1.3M	923.1K
Property Plant Equipment	61.0K	70.9K	79.8K	99.7K	89.7K	85.2K
Net Invested Capital	223.6K	716.2K	2.9M	1.1M	401.2K	381.2K
Net Working Capital	162.6K	(758.7K)	2.8M	1.0M	198.9K	188.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Blue Stock Analysis

When running Blue Sky's price analysis, check to measure Blue Sky'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 Blue Sky is operating at the current time. Most of Blue Sky's value examination focuses on studying past and present price action to predict the probability of Blue Sky's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Sky's price. Additionally, you may evaluate how the addition of Blue Sky to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC