SKYX Book Value Per Share vs Operating Cash Flow Per Share Analysis

SKYX Stock  USD 1.05  0.05  5.00%   
SKYX Platforms financial indicator trend analysis is much more than just breaking down SKYX Platforms Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SKYX Platforms Corp is a good investment. Please check the relationship between SKYX Platforms Book Value Per Share and its Operating Cash Flow Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKYX Platforms Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Book Value Per Share vs Operating Cash Flow Per Share

Book Value Per Share vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SKYX Platforms Corp Book Value Per Share account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between SKYX Platforms' Book Value Per Share and Operating Cash Flow Per Share is 0.27. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of SKYX Platforms Corp, assuming nothing else is changed. The correlation between historical values of SKYX Platforms' Book Value Per Share and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of SKYX Platforms Corp are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Book Value Per Share i.e., SKYX Platforms' Book Value Per Share and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from SKYX Platforms' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SKYX Platforms Corp 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 SKYX Platforms Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, SKYX Platforms' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 12.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.60 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense560.4K589.0K3.1M3.3M
Depreciation And Amortization84.3K698.4K1.0M953.5K

SKYX Platforms fundamental ratios Correlations

0.97-0.030.480.450.940.89-0.640.940.920.990.95-0.070.930.680.510.94-0.260.50.970.930.60.960.960.68-0.5
0.97-0.130.360.520.980.96-0.610.880.880.960.97-0.060.940.780.480.88-0.320.430.950.880.460.980.970.67-0.61
-0.03-0.130.85-0.72-0.15-0.18-0.49-0.01-0.04-0.04-0.15-0.16-0.08-0.370.3-0.080.750.63-0.010.170.34-0.180.00.30.21
0.480.360.85-0.420.310.27-0.720.50.420.470.33-0.20.360.00.530.430.490.820.460.640.650.310.460.6-0.03
0.450.52-0.72-0.420.530.510.160.430.430.460.530.110.470.56-0.40.48-0.69-0.520.420.2-0.060.540.43-0.04-0.43
0.940.98-0.150.310.530.97-0.540.80.80.940.99-0.140.910.740.460.8-0.360.40.90.840.40.930.980.62-0.52
0.890.96-0.180.270.510.97-0.490.770.70.910.96-0.260.820.740.440.76-0.40.370.820.820.410.90.940.57-0.53
-0.64-0.61-0.49-0.720.16-0.54-0.49-0.59-0.69-0.56-0.51-0.02-0.69-0.54-0.64-0.52-0.53-0.75-0.74-0.6-0.34-0.64-0.66-0.930.62
0.940.88-0.010.50.430.80.77-0.590.90.940.83-0.120.810.580.420.99-0.220.450.910.90.640.880.860.64-0.44
0.920.88-0.040.420.430.80.7-0.690.90.870.80.270.950.710.440.89-0.130.440.970.810.470.930.830.7-0.62
0.990.96-0.040.470.460.940.91-0.560.940.870.95-0.150.880.630.490.94-0.330.490.920.950.650.930.950.62-0.42
0.950.97-0.150.330.530.990.96-0.510.830.80.95-0.160.90.690.460.84-0.370.40.90.860.440.920.980.6-0.45
-0.07-0.06-0.16-0.20.11-0.14-0.26-0.02-0.120.27-0.15-0.160.230.2-0.08-0.11-0.02-0.150.11-0.16-0.170.07-0.2-0.07-0.31
0.930.94-0.080.360.470.910.82-0.690.810.950.880.90.230.790.490.81-0.180.440.980.80.380.960.910.71-0.67
0.680.78-0.370.00.560.740.74-0.540.580.710.630.690.20.790.340.56-0.240.210.750.480.070.830.690.67-0.89
0.510.480.30.53-0.40.460.44-0.640.420.440.490.46-0.080.490.340.370.190.910.520.630.480.450.510.71-0.18
0.940.88-0.080.430.480.80.76-0.520.990.890.940.84-0.110.810.560.37-0.30.390.90.890.60.880.850.59-0.4
-0.26-0.320.750.49-0.69-0.36-0.4-0.53-0.22-0.13-0.33-0.37-0.02-0.18-0.240.19-0.30.4-0.13-0.23-0.09-0.3-0.20.37-0.03
0.50.430.630.82-0.520.40.37-0.750.450.440.490.4-0.150.440.210.910.390.40.50.670.60.380.50.75-0.11
0.970.95-0.010.460.420.90.82-0.740.910.970.920.90.110.980.750.520.9-0.130.50.860.470.970.930.76-0.63
0.930.880.170.640.20.840.82-0.60.90.810.950.86-0.160.80.480.630.89-0.230.670.860.740.830.870.62-0.29
0.60.460.340.65-0.060.40.41-0.340.640.470.650.44-0.170.380.070.480.6-0.090.60.470.740.410.470.320.06
0.960.98-0.180.310.540.930.9-0.640.880.930.930.920.070.960.830.450.88-0.30.380.970.830.410.930.69-0.7
0.960.970.00.460.430.980.94-0.660.860.830.950.98-0.20.910.690.510.85-0.20.50.930.870.470.930.72-0.51
0.680.670.30.6-0.040.620.57-0.930.640.70.620.6-0.070.710.670.710.590.370.750.760.620.320.690.72-0.62
-0.5-0.610.21-0.03-0.43-0.52-0.530.62-0.44-0.62-0.42-0.45-0.31-0.67-0.89-0.18-0.4-0.03-0.11-0.63-0.290.06-0.7-0.51-0.62
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SKYX Platforms Account Relationship Matchups

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Additional Tools for SKYX Stock Analysis

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