SKYX Total Liab vs Long Term Debt Analysis

SKYX Stock

USD 1.00 0.02 2.04%

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 Total Liab and its Long Term Debt 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.

Total Liab vs Long Term Debt

Total Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SKYX Platforms Corp Total Liab account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between SKYX Platforms' Total Liab and Long Term Debt is -0.44. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt 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' Total Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of SKYX Platforms Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Liab i.e., SKYX Platforms' Total Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Debt

Long-term debt is a debt that SKYX Platforms Corp has held for over one year. Long-term debt appears on SKYX Platforms Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on SKYX Platforms Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Expense	560.4K	589.0K	3.1M	3.3M
Depreciation And Amortization	84.3K	698.4K	1.0M	953.5K

Interest Expense Depreciation And Amortization

SKYX Platforms fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Receivables	Inventory	Other Liab
Total Assets		0.97	-0.03	0.48	0.45	0.94	0.89	-0.64	0.94	0.92	0.99	0.95	-0.07	0.93	0.68	0.51	0.94	-0.26	0.5	0.97	0.93	0.6	0.96	0.96	0.68	-0.5
Short Long Term Debt Total	0.97		-0.13	0.36	0.52	0.98	0.96	-0.61	0.88	0.88	0.96	0.97	-0.06	0.94	0.78	0.48	0.88	-0.32	0.43	0.95	0.88	0.46	0.98	0.97	0.67	-0.61
Other Current Liab	-0.03	-0.13		0.85	-0.72	-0.15	-0.18	-0.49	-0.01	-0.04	-0.04	-0.15	-0.16	-0.08	-0.37	0.3	-0.08	0.75	0.63	-0.01	0.17	0.34	-0.18	0.0	0.3	0.21
Total Current Liabilities	0.48	0.36	0.85		-0.42	0.31	0.27	-0.72	0.5	0.42	0.47	0.33	-0.2	0.36	0.0	0.53	0.43	0.49	0.82	0.46	0.64	0.65	0.31	0.46	0.6	-0.03
Total Stockholder Equity	0.45	0.52	-0.72	-0.42		0.53	0.51	0.16	0.43	0.43	0.46	0.53	0.11	0.47	0.56	-0.4	0.48	-0.69	-0.52	0.42	0.2	-0.06	0.54	0.43	-0.04	-0.43
Property Plant And Equipment Net	0.94	0.98	-0.15	0.31	0.53		0.97	-0.54	0.8	0.8	0.94	0.99	-0.14	0.91	0.74	0.46	0.8	-0.36	0.4	0.9	0.84	0.4	0.93	0.98	0.62	-0.52
Net Debt	0.89	0.96	-0.18	0.27	0.51	0.97		-0.49	0.77	0.7	0.91	0.96	-0.26	0.82	0.74	0.44	0.76	-0.4	0.37	0.82	0.82	0.41	0.9	0.94	0.57	-0.53
Retained Earnings	-0.64	-0.61	-0.49	-0.72	0.16	-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	-0.93	0.62
Accounts Payable	0.94	0.88	-0.01	0.5	0.43	0.8	0.77	-0.59		0.9	0.94	0.83	-0.12	0.81	0.58	0.42	0.99	-0.22	0.45	0.91	0.9	0.64	0.88	0.86	0.64	-0.44
Cash	0.92	0.88	-0.04	0.42	0.43	0.8	0.7	-0.69	0.9		0.87	0.8	0.27	0.95	0.71	0.44	0.89	-0.13	0.44	0.97	0.81	0.47	0.93	0.83	0.7	-0.62
Non Current Assets Total	0.99	0.96	-0.04	0.47	0.46	0.94	0.91	-0.56	0.94	0.87		0.95	-0.15	0.88	0.63	0.49	0.94	-0.33	0.49	0.92	0.95	0.65	0.93	0.95	0.62	-0.42
Non Currrent Assets Other	0.95	0.97	-0.15	0.33	0.53	0.99	0.96	-0.51	0.83	0.8	0.95		-0.16	0.9	0.69	0.46	0.84	-0.37	0.4	0.9	0.86	0.44	0.92	0.98	0.6	-0.45
Other Assets	-0.07	-0.06	-0.16	-0.2	0.11	-0.14	-0.26	-0.02	-0.12	0.27	-0.15	-0.16		0.23	0.2	-0.08	-0.11	-0.02	-0.15	0.11	-0.16	-0.17	0.07	-0.2	-0.07	-0.31
Cash And Short Term Investments	0.93	0.94	-0.08	0.36	0.47	0.91	0.82	-0.69	0.81	0.95	0.88	0.9	0.23		0.79	0.49	0.81	-0.18	0.44	0.98	0.8	0.38	0.96	0.91	0.71	-0.67
Common Stock Shares Outstanding	0.68	0.78	-0.37	0.0	0.56	0.74	0.74	-0.54	0.58	0.71	0.63	0.69	0.2	0.79		0.34	0.56	-0.24	0.21	0.75	0.48	0.07	0.83	0.69	0.67	-0.89
Non Current Liabilities Total	0.51	0.48	0.3	0.53	-0.4	0.46	0.44	-0.64	0.42	0.44	0.49	0.46	-0.08	0.49	0.34		0.37	0.19	0.91	0.52	0.63	0.48	0.45	0.51	0.71	-0.18
Other Current Assets	0.94	0.88	-0.08	0.43	0.48	0.8	0.76	-0.52	0.99	0.89	0.94	0.84	-0.11	0.81	0.56	0.37		-0.3	0.39	0.9	0.89	0.6	0.88	0.85	0.59	-0.4
Other Stockholder Equity	-0.26	-0.32	0.75	0.49	-0.69	-0.36	-0.4	-0.53	-0.22	-0.13	-0.33	-0.37	-0.02	-0.18	-0.24	0.19	-0.3		0.4	-0.13	-0.23	-0.09	-0.3	-0.2	0.37	-0.03
Total Liab	0.5	0.43	0.63	0.82	-0.52	0.4	0.37	-0.75	0.45	0.44	0.49	0.4	-0.15	0.44	0.21	0.91	0.39	0.4		0.5	0.67	0.6	0.38	0.5	0.75	-0.11
Total Current Assets	0.97	0.95	-0.01	0.46	0.42	0.9	0.82	-0.74	0.91	0.97	0.92	0.9	0.11	0.98	0.75	0.52	0.9	-0.13	0.5		0.86	0.47	0.97	0.93	0.76	-0.63
Short Term Debt	0.93	0.88	0.17	0.64	0.2	0.84	0.82	-0.6	0.9	0.81	0.95	0.86	-0.16	0.8	0.48	0.63	0.89	-0.23	0.67	0.86		0.74	0.83	0.87	0.62	-0.29
Intangible Assets	0.6	0.46	0.34	0.65	-0.06	0.4	0.41	-0.34	0.64	0.47	0.65	0.44	-0.17	0.38	0.07	0.48	0.6	-0.09	0.6	0.47	0.74		0.41	0.47	0.32	0.06
Common Stock	0.96	0.98	-0.18	0.31	0.54	0.93	0.9	-0.64	0.88	0.93	0.93	0.92	0.07	0.96	0.83	0.45	0.88	-0.3	0.38	0.97	0.83	0.41		0.93	0.69	-0.7
Net Receivables	0.96	0.97	0.0	0.46	0.43	0.98	0.94	-0.66	0.86	0.83	0.95	0.98	-0.2	0.91	0.69	0.51	0.85	-0.2	0.5	0.93	0.87	0.47	0.93		0.72	-0.51
Inventory	0.68	0.67	0.3	0.6	-0.04	0.62	0.57	-0.93	0.64	0.7	0.62	0.6	-0.07	0.71	0.67	0.71	0.59	0.37	0.75	0.76	0.62	0.32	0.69	0.72		-0.62
Other Liab	-0.5	-0.61	0.21	-0.03	-0.43	-0.52	-0.53	0.62	-0.44	-0.62	-0.42	-0.45	-0.31	-0.67	-0.89	-0.18	-0.4	-0.03	-0.11	-0.63	-0.29	0.06	-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.

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SKYX Total Liab vs Long Term Debt Analysis

Total Liab vs Long Term Debt

Total Liab vs Long Term Debt Correlation Analysis

Correlation Coefficient

Total Liab

Long Term Debt

SKYX Platforms fundamental ratios Correlations

SKYX Platforms Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Property Plant And Equipment Net
Other Current Assets	+ 0.99	Accounts Payable
Property Plant And Equipment Net	+ 0.98	Short Long Term Debt Total
Common Stock	+ 0.98	Short Long Term Debt Total
Net Receivables	+ 0.98	Property Plant And Equipment Net

Inventory	- 0.93	Retained Earnings
Other Liab	- 0.89	Common Stock Shares Outstanding
Total Liab	- 0.75	Retained Earnings
Total Current Assets	- 0.74	Retained Earnings
Retained Earnings	- 0.72	Total Current Liabilities
Total Stockholder Equity	- 0.72	Other Current Liab