Skyline Income Quality vs Roic Analysis

SKY Stock

USD 103.73 0.28 0.27%

Skyline financial indicator trend analysis is much more than just breaking down Skyline prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skyline is a good investment. Please check the relationship between Skyline Income Quality and its Roic accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.

Income Quality vs Roic

Income Quality vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyline Income Quality account and Roic. At this time, the significance of the direction appears to have pay attention.

The correlation between Skyline's Income Quality and Roic is -0.74. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Roic in the same time period over historical financial statements of Skyline, assuming nothing else is changed. The correlation between historical values of Skyline's Income Quality and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Skyline are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Income Quality i.e., Skyline's Income Quality and Roic go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Skyline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skyline 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Skyline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.At this time, Skyline's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 704 K in 2024, whereas Tax Provision is likely to drop slightly above 41.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.5M	3.3M	4.6M	5.7M
Depreciation And Amortization	20.9M	26.7M	34.9M	36.7M

Interest Expense Depreciation And Amortization

Skyline fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Total	Accounts Payable	Common Stock Total Equity	Common Stock	Net Tangible Assets	Retained Earnings Total Equity	Capital Surpluse
Total Assets		0.97	0.96	0.99	0.97	-0.81	0.86	0.93	0.97	0.9	0.93	0.74	0.8	0.98	0.94	0.91	0.95	0.98	0.98	0.84	0.79	0.91	0.88	0.97	0.86	0.92
Other Current Liab	0.97		0.99	0.94	0.94	-0.71	0.74	0.86	0.96	0.85	0.85	0.79	0.83	0.99	0.91	0.94	0.99	0.94	0.93	0.88	0.87	0.92	0.89	0.9	0.74	0.93
Total Current Liabilities	0.96	0.99		0.92	0.92	-0.71	0.7	0.85	0.94	0.81	0.85	0.83	0.87	0.99	0.89	0.94	0.99	0.92	0.93	0.88	0.91	0.92	0.9	0.88	0.71	0.92
Total Stockholder Equity	0.99	0.94	0.92		0.96	-0.84	0.9	0.94	0.96	0.92	0.94	0.69	0.75	0.96	0.93	0.87	0.91	0.99	0.98	0.79	0.74	0.88	0.84	0.99	0.9	0.89
Property Plant And Equipment Net	0.97	0.94	0.92	0.96		-0.67	0.87	0.83	0.99	0.97	0.83	0.59	0.73	0.96	0.92	0.84	0.92	0.99	0.9	0.82	0.68	0.85	0.8	0.96	0.87	0.85
Net Debt	-0.81	-0.71	-0.71	-0.84	-0.67		-0.78	-0.97	-0.67	-0.61	-0.97	-0.72	-0.62	-0.74	-0.76	-0.71	-0.68	-0.77	-0.91	-0.53	-0.66	-0.7	-0.7	-0.84	-0.78	-0.72
Retained Earnings	0.86	0.74	0.7	0.9	0.87	-0.78		0.84	0.83	0.92	0.84	0.39	0.46	0.8	0.79	0.57	0.67	0.91	0.84	0.5	0.44	0.6	0.54	0.95	1.0	0.61
Cash	0.93	0.86	0.85	0.94	0.83	-0.97	0.84		0.83	0.75	1.0	0.76	0.74	0.88	0.87	0.84	0.83	0.89	0.98	0.71	0.75	0.82	0.81	0.93	0.84	0.83
Non Current Assets Total	0.97	0.96	0.94	0.96	0.99	-0.67	0.83	0.83		0.95	0.83	0.64	0.77	0.97	0.92	0.88	0.94	0.98	0.91	0.85	0.72	0.9	0.85	0.94	0.83	0.9
Non Currrent Assets Other	0.9	0.85	0.81	0.92	0.97	-0.61	0.92	0.75	0.95		0.75	0.43	0.58	0.89	0.85	0.69	0.8	0.96	0.82	0.68	0.53	0.72	0.65	0.94	0.92	0.73
Cash And Short Term Investments	0.93	0.85	0.85	0.94	0.83	-0.97	0.84	1.0	0.83	0.75		0.76	0.74	0.88	0.87	0.84	0.83	0.89	0.98	0.71	0.75	0.82	0.81	0.93	0.84	0.83
Net Receivables	0.74	0.79	0.83	0.69	0.59	-0.72	0.39	0.76	0.64	0.43	0.76		0.79	0.77	0.73	0.86	0.82	0.64	0.8	0.7	0.94	0.81	0.83	0.62	0.41	0.81
Common Stock Shares Outstanding	0.8	0.83	0.87	0.75	0.73	-0.62	0.46	0.74	0.77	0.58	0.74	0.79		0.83	0.78	0.91	0.89	0.73	0.8	0.88	0.84	0.86	0.87	0.69	0.47	0.86
Inventory	0.98	0.99	0.99	0.96	0.96	-0.74	0.8	0.88	0.97	0.89	0.88	0.77	0.83		0.92	0.92	0.98	0.97	0.95	0.85	0.85	0.91	0.87	0.94	0.8	0.91
Other Current Assets	0.94	0.91	0.89	0.93	0.92	-0.76	0.79	0.87	0.92	0.85	0.87	0.73	0.78	0.92		0.87	0.9	0.93	0.92	0.86	0.71	0.86	0.83	0.92	0.8	0.87
Other Stockholder Equity	0.91	0.94	0.94	0.87	0.84	-0.71	0.57	0.84	0.88	0.69	0.84	0.86	0.91	0.92	0.87		0.96	0.84	0.9	0.92	0.89	0.98	0.98	0.8	0.57	0.98
Total Liab	0.95	0.99	0.99	0.91	0.92	-0.68	0.67	0.83	0.94	0.8	0.83	0.82	0.89	0.98	0.9	0.96		0.91	0.92	0.93	0.9	0.93	0.91	0.86	0.68	0.94
Property Plant And Equipment Gross	0.98	0.94	0.92	0.99	0.99	-0.77	0.91	0.89	0.98	0.96	0.89	0.64	0.73	0.97	0.93	0.84	0.91		0.94	0.78	0.71	0.84	0.8	0.99	0.91	0.85
Total Current Assets	0.98	0.93	0.93	0.98	0.9	-0.91	0.84	0.98	0.91	0.82	0.98	0.8	0.8	0.95	0.92	0.9	0.92	0.94		0.79	0.82	0.88	0.86	0.96	0.84	0.89
Non Current Liabilities Total	0.84	0.88	0.88	0.79	0.82	-0.53	0.5	0.71	0.85	0.68	0.71	0.7	0.88	0.85	0.86	0.92	0.93	0.78	0.79		0.76	0.89	0.88	0.73	0.51	0.88
Accounts Payable	0.79	0.87	0.91	0.74	0.68	-0.66	0.44	0.75	0.72	0.53	0.75	0.94	0.84	0.85	0.71	0.89	0.9	0.71	0.82	0.76		0.84	0.85	0.67	0.45	0.85
Common Stock Total Equity	0.91	0.92	0.92	0.88	0.85	-0.7	0.6	0.82	0.9	0.72	0.82	0.81	0.86	0.91	0.86	0.98	0.93	0.84	0.88	0.89	0.84		0.99	0.81	0.59	1.0
Common Stock	0.88	0.89	0.9	0.84	0.8	-0.7	0.54	0.81	0.85	0.65	0.81	0.83	0.87	0.87	0.83	0.98	0.91	0.8	0.86	0.88	0.85	0.99		0.76	0.53	0.99
Net Tangible Assets	0.97	0.9	0.88	0.99	0.96	-0.84	0.95	0.93	0.94	0.94	0.93	0.62	0.69	0.94	0.92	0.8	0.86	0.99	0.96	0.73	0.67	0.81	0.76		0.95	0.82
Retained Earnings Total Equity	0.86	0.74	0.71	0.9	0.87	-0.78	1.0	0.84	0.83	0.92	0.84	0.41	0.47	0.8	0.8	0.57	0.68	0.91	0.84	0.51	0.45	0.59	0.53	0.95		0.61
Capital Surpluse	0.92	0.93	0.92	0.89	0.85	-0.72	0.61	0.83	0.9	0.73	0.83	0.81	0.86	0.91	0.87	0.98	0.94	0.85	0.89	0.88	0.85	1.0	0.99	0.82	0.61

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Skyline Account Relationship Matchups

Skyline fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	781.7M	917.9M	1.2B	1.6B	1.9B	2.0B
Other Current Liab	91.4M	132.6M	156.2M	128.0M	205.0M	215.2M
Total Current Liabilities	186.6M	263.6M	350.1M	248.9M	389.6M	409.1M
Total Stockholder Equity	474.3M	568.6M	825.1M	1.2B	1.4B	1.5B
Property Plant And Equipment Net	109.3M	115.1M	133.0M	177.1M	329.6M	346.1M
Net Debt	(98.2M)	(197.5M)	(387.5M)	(735.0M)	(340.4M)	(323.3M)
Retained Earnings	(48K)	82.9M	327.9M	725.7M	866.5M	909.8M
Cash	209.5M	262.6M	435.4M	747.5M	495.1M	519.8M
Non Current Assets Total	382.9M	418.1M	452.4M	519.3M	1.0B	1.1B
Non Currrent Assets Other	34.9M	32.4M	58.4M	82.8M	214.2M	224.9M
Cash And Short Term Investments	209.5M	262.6M	435.4M	747.5M	495.1M	519.8M
Net Receivables	45.7M	57.5M	90.5M	67.3M	64.6M	35.6M
Common Stock Shares Outstanding	56.8M	57.0M	57.3M	57.4M	58.0M	60.9M
Liabilities And Stockholders Equity	781.7M	917.9M	1.2B	1.6B	1.9B	2.0B
Inventory	126.4M	166.1M	241.3M	202.2M	318.7M	334.7M
Other Current Assets	17.2M	13.6M	15.0M	26.5M	39.9M	23.5M
Other Stockholder Equity	485.6M	491.7M	502.8M	519.5M	568.2M	596.6M
Total Liab	307.4M	349.3M	409.5M	329.7M	501.0M	526.0M
Property Plant And Equipment Gross	124.1M	115.1M	223.7M	282.0M	418.6M	439.6M
Total Current Assets	398.8M	499.8M	782.3M	1.0B	918.3M	964.2M
Accumulated Other Comprehensive Income	(12.8M)	(7.5M)	(7.2M)	(13.7M)	(13.9M)	(14.6M)
Non Current Liabilities Total	120.7M	85.6M	59.4M	80.8M	111.4M	116.9M
Accounts Payable	38.7M	57.2M	92.2M	44.7M	50.8M	53.4M
Net Tangible Assets	257.4M	318.0M	581.9M	991.1M	1.1B	1.2B
Retained Earnings Total Equity	(48K)	82.9M	327.9M	725.7M	834.5M	876.2M
Capital Surpluse	485.6M	491.7M	502.8M	519.5M	597.4M	627.3M
Property Plant Equipment	109.3M	126.6M	133.0M	177.1M	203.7M	213.9M
Short Long Term Debt Total	111.2M	65.1M	47.9M	19.3M	154.7M	162.4M
Other Liab	33.4M	39.1M	47.0M	68.4M	78.6M	82.6M
Other Assets	41.9M	40.9M	76.1M	69.9M	1.0	0.95
Long Term Debt	54.3M	77.3M	39.3M	12.4M	24.7M	29.9M
Good Will	173.5M	191.8M	192.0M	196.6M	358.0M	375.9M
Long Term Debt Total	54.3M	77.3M	39.3M	12.4M	14.3M	13.6M
Deferred Long Term Liab	3.3M	4.3M	5.1M	6.0M	5.4M	4.1M
Short Long Term Debt	33.9M	25.7M	35.5M	91.3M	105.0M	110.2M
Short Term Debt	33.9M	55.1M	75.8M	6.9M	98.8M	103.7M

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

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Skyline Income Quality vs Roic Analysis

Income Quality vs Roic

Income Quality vs Roic Correlation Analysis

Correlation Coefficient

Income Quality

Roic

Skyline fundamental ratios Correlations

Skyline Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skyline fundamental ratios Accounts

Also Currently Popular

Additional Tools for Skyline Stock Analysis

COMMON DESTINATIONS

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COMPANY

Retained Earnings Total Equity	+ 1.0	Retained Earnings
Cash And Short Term Investments	+ 1.0	Cash
Capital Surpluse	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Inventory	+ 0.99	Other Current Liab

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Total Current Assets	- 0.91	Net Debt
Net Tangible Assets	- 0.84	Net Debt
Net Debt	- 0.84	Total Stockholder Equity
Net Debt	- 0.81	Total Assets