Blacksky Non Current Assets Total vs Current Deferred Revenue Analysis

BKSY Stock  USD 1.22  0.03  2.52%   
Blacksky Technology financial indicator trend analysis is way more than just evaluating Blacksky Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blacksky Technology is a good investment. Please check the relationship between Blacksky Technology Non Current Assets Total and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.

Non Current Assets Total vs Current Deferred Revenue

Non Current Assets Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blacksky Technology Non Current Assets Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blacksky Technology's Non Current Assets Total and Current Deferred Revenue is 0.56. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Blacksky Technology, assuming nothing else is changed. The correlation between historical values of Blacksky Technology's Non Current Assets Total and Current Deferred 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 Non Current Assets Total of Blacksky Technology are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Current Assets Total i.e., Blacksky Technology's Non Current Assets Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Blacksky Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blacksky Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.At this time, Blacksky Technology's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 55.1 M in 2024, whereas Discontinued Operations is likely to drop slightly above 604.5 K in 2024.
 2020 2021 2023 2024 (projected)
Total Operating Expenses101.1M116.1M73.3M89.5M
Cost Of Revenue34.7M35.8M77.2M42.9M

Blacksky Technology fundamental ratios Correlations

0.980.750.790.940.34-0.780.650.930.370.750.630.70.870.770.440.620.790.72-0.710.790.490.780.49-0.38-0.61
0.980.80.720.930.53-0.740.480.970.250.610.550.630.820.650.530.560.710.71-0.690.730.50.710.55-0.41-0.66
0.750.80.220.890.58-0.230.230.9-0.210.220.780.090.370.240.880.110.230.21-0.250.22-0.020.250.23-0.21-0.13
0.790.720.220.55-0.01-0.980.760.550.710.90.20.990.990.94-0.190.760.990.93-0.880.990.680.990.61-0.41-0.81
0.940.930.890.550.44-0.520.510.970.140.560.790.420.650.570.710.430.560.46-0.450.540.350.540.25-0.18-0.37
0.340.530.58-0.010.44-0.11-0.490.61-0.4-0.32-0.01-0.040.12-0.250.650.02-0.080.19-0.140.030.28-0.040.33-0.21-0.41
-0.78-0.74-0.23-0.98-0.52-0.11-0.65-0.57-0.65-0.82-0.09-0.97-0.97-0.870.18-0.76-0.96-0.960.95-0.99-0.68-0.97-0.750.570.9
0.650.480.230.760.51-0.49-0.650.370.660.960.580.690.730.93-0.130.550.820.54-0.570.730.230.780.22-0.2-0.26
0.930.970.90.550.970.61-0.570.370.080.470.630.440.670.50.70.440.540.54-0.540.560.390.540.43-0.34-0.51
0.370.25-0.210.710.14-0.4-0.650.660.080.740.020.740.630.74-0.480.890.760.48-0.530.70.540.640.24-0.13-0.48
0.750.610.220.90.56-0.32-0.820.960.470.740.460.860.870.99-0.160.70.940.72-0.710.880.470.90.35-0.26-0.51
0.630.550.780.20.79-0.01-0.090.580.630.020.460.060.280.410.680.110.260.01-0.030.16-0.120.22-0.190.140.22
0.70.630.090.990.42-0.04-0.970.690.440.740.860.060.960.9-0.310.750.970.94-0.870.980.710.970.62-0.41-0.84
0.870.820.370.990.650.12-0.970.730.670.630.870.280.960.92-0.040.740.980.94-0.890.980.640.980.65-0.45-0.82
0.770.650.240.940.57-0.25-0.870.930.50.740.990.410.90.92-0.170.720.970.79-0.770.920.510.940.43-0.31-0.58
0.440.530.88-0.190.710.650.18-0.130.7-0.48-0.160.68-0.31-0.04-0.17-0.15-0.19-0.180.18-0.19-0.13-0.18-0.130.10.16
0.620.560.110.760.430.02-0.760.550.440.890.70.110.750.740.72-0.150.790.58-0.660.780.680.670.41-0.29-0.68
0.790.710.230.990.56-0.08-0.960.820.540.760.940.260.970.980.97-0.190.790.89-0.870.990.630.980.58-0.41-0.76
0.720.710.210.930.460.19-0.960.540.540.480.720.010.940.940.79-0.180.580.89-0.910.940.680.940.75-0.53-0.91
-0.71-0.69-0.25-0.88-0.45-0.140.95-0.57-0.54-0.53-0.71-0.03-0.87-0.89-0.770.18-0.66-0.87-0.91-0.92-0.46-0.9-0.90.80.85
0.790.730.220.990.540.03-0.990.730.560.70.880.160.980.980.92-0.190.780.990.94-0.920.680.980.67-0.5-0.85
0.490.5-0.020.680.350.28-0.680.230.390.540.47-0.120.710.640.51-0.130.680.630.68-0.460.680.580.220.02-0.8
0.780.710.250.990.54-0.04-0.970.780.540.640.90.220.970.980.94-0.180.670.980.94-0.90.980.580.65-0.46-0.78
0.490.550.230.610.250.33-0.750.220.430.240.35-0.190.620.650.43-0.130.410.580.75-0.90.670.220.65-0.92-0.77
-0.38-0.41-0.21-0.41-0.18-0.210.57-0.2-0.34-0.13-0.260.14-0.41-0.45-0.310.1-0.29-0.41-0.530.8-0.50.02-0.46-0.920.55
-0.61-0.66-0.13-0.81-0.37-0.410.9-0.26-0.51-0.48-0.510.22-0.84-0.82-0.580.16-0.68-0.76-0.910.85-0.85-0.8-0.78-0.770.55
Click cells to compare fundamentals

Blacksky Technology Account Relationship Matchups

Blacksky Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Non Currrent Assets Other(25.5M)39.8M53.2M1.9M9.3M14.4M

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When determining whether Blacksky Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blacksky Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blacksky Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blacksky Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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Is Blacksky Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blacksky Technology. If investors know Blacksky will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blacksky Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
0.716
Quarterly Revenue Growth
0.317
Return On Assets
(0.14)
Return On Equity
(0.52)
The market value of Blacksky Technology is measured differently than its book value, which is the value of Blacksky that is recorded on the company's balance sheet. Investors also form their own opinion of Blacksky Technology's value that differs from its market value or its book value, called intrinsic value, which is Blacksky Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blacksky Technology's market value can be influenced by many factors that don't directly affect Blacksky Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blacksky Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blacksky Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blacksky Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.