Skyline Net Working Capital from 2010 to 2024

SKY Stock  USD 76.35  0.99  1.31%   
Skyline Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Skyline Net Working Capital regression line of annual values had r-squared of  0.73 and arithmetic mean of  259,235,551. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
913.7 M
Current Value
959.4 M
Quarterly Volatility
347.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skyline financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skyline main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.3 M, Interest Expense of 5.8 M or Total Revenue of 3.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0238 or PTB Ratio of 9.71. Skyline financial statements analysis is a perfect complement when working with Skyline Valuation or Volatility modules.
  
This module can also supplement Skyline's financial leverage analysis and stock options assessment as well as various Skyline Technical models . Check out the analysis of Skyline Correlation against competitors.
For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.

Latest Skyline's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Skyline over the last few years. It is Skyline's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skyline's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Skyline Net Working Capital Regression Statistics

Arithmetic Mean259,235,551
Geometric Mean87,737,203
Coefficient Of Variation134.04
Mean Deviation275,053,875
Median95,990,000
Standard Deviation347,483,939
Sample Variance120745.1T
Range940.5M
R-Value0.86
Mean Square Error34839.2T
R-Squared0.73
Significance0.000047
Slope66,480,959
Total Sum of Squares1690431.2T

Skyline Net Working Capital History

2024959.4 M
2023913.7 M
2022794.5 M
2021432.1 M
2020236.1 M
2019212.2 M
2018112 M

About Skyline Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Skyline income statement, its balance sheet, and the statement of cash flows. Skyline investors use historical funamental indicators, such as Skyline's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Skyline investors may use each financial statement separately, they are all related. The changes in Skyline's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Skyline's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Skyline Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Skyline. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital913.7 M959.4 M

Currently Active Assets on Macroaxis

When determining whether Skyline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skyline'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 Skyline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skyline Stock:
Check out the analysis of Skyline Correlation against competitors.
For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Skyline Stock analysis

When running Skyline's price analysis, check to measure Skyline'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 Skyline is operating at the current time. Most of Skyline's value examination focuses on studying past and present price action to predict the probability of Skyline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyline's price. Additionally, you may evaluate how the addition of Skyline to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Is Skyline'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 Skyline. If investors know Skyline 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 Skyline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Earnings Share
3.49
Revenue Per Share
34.555
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0873
The market value of Skyline is measured differently than its book value, which is the value of Skyline that is recorded on the company's balance sheet. Investors also form their own opinion of Skyline's value that differs from its market value or its book value, called intrinsic value, which is Skyline'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 Skyline's market value can be influenced by many factors that don't directly affect Skyline'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 Skyline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyline'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.