SKYX Capex To Revenue vs Ebit Per Revenue Analysis

SKYX Stock  USD 0.98  0.01  1.03%   
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 Capex To Revenue and its Ebit Per Revenue 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.

Capex To Revenue vs Ebit Per Revenue

Capex To Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SKYX Platforms Corp Capex To Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between SKYX Platforms' Capex To Revenue and Ebit Per Revenue is -1.0. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Ebit Per Revenue 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' Capex To Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of SKYX Platforms Corp are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Capex To Revenue i.e., SKYX Platforms' Capex To Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Ebit Per Revenue

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.