Blue Sky Cash And Equivalents vs. Cash Flow From Operations
| BSK Stock | CAD 0.05 0.01 16.67% |
For Blue Sky profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blue Sky to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blue Sky Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blue Sky's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blue Sky Uranium over time as well as its relative position and ranking within its peers.
Blue |
Blue Sky Uranium Cash Flow From Operations vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Blue Sky's current stock value. Our valuation model uses many indicators to compare Blue Sky value to that of its competitors to determine the firm's financial worth. Blue Sky Uranium is number one stock in cash and equivalents category among its peers. It also is number one stock in cash flow from operations category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blue Sky's earnings, one of the primary drivers of an investment's value.Blue Cash Flow From Operations vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Blue Sky |
| = | 187.93 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Blue Sky |
| = | (3.59 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Blue Cash Flow From Operations Comparison
Blue Sky is currently under evaluation in cash flow from operations category among its peers.
Blue Sky Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Blue Sky, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blue Sky will eventually generate negative long term returns. The profitability progress is the general direction of Blue Sky's change in net profit over the period of time. It can combine multiple indicators of Blue Sky, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 6.5 M | 4.6 M | |
| Operating Income | -4.2 M | -4.4 M | |
| Net Loss | -3.7 M | -3.8 M | |
| Income Tax Expense | -167.9 K | -176.3 K | |
| Income Before Tax | -3.7 M | -3.8 M | |
| Total Other Income Expense Net | 521.7 K | 547.8 K | |
| Net Loss | -3.7 M | -3.8 M | |
| Net Loss | -5 M | -5.3 M | |
| Net Interest Income | 179.4 K | 188.4 K | |
| Interest Income | 179.4 K | 188.4 K | |
| Change To Netincome | 1.7 M | 1.8 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.98 | 0.65 | |
| Net Income Per E B T | 0.69 | 0.94 |
Blue Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Blue Sky. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Blue Sky position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Blue Sky's important profitability drivers and their relationship over time.
Use Blue Sky in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Sky position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Sky will appreciate offsetting losses from the drop in the long position's value.Blue Sky Pair Trading
Blue Sky Uranium Pair Trading Analysis
The ability to find closely correlated positions to Blue Sky could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Sky when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Sky - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Sky Uranium to buy it.
The correlation of Blue Sky is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Sky moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Sky Uranium moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blue Sky can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Blue Sky position
In addition to having Blue Sky in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Data Storage Thematic Idea Now
Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Data Storage Theme or any other thematic opportunities.
| View All Next | Launch |
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.