SKYW Stock | | | USD 114.74 0.78 0.68% |
SkyWest financial indicator trend analysis is much more than just breaking down SkyWest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SkyWest is a good investment. Please check the relationship between SkyWest Deferred Long Term Liab and its Net Invested Capital accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. 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.
For more information on how to buy SkyWest Stock please use our
How to Invest in SkyWest guide.
Deferred Long Term Liab vs Net Invested Capital
Deferred Long Term Liab vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SkyWest Deferred Long Term Liab account and
Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SkyWest's Deferred Long Term Liab and Net Invested Capital is -0.11. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of SkyWest, assuming nothing else is changed. The correlation between historical values of SkyWest's Deferred Long Term Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of SkyWest are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Deferred Long Term Liab i.e., SkyWest's Deferred Long Term Liab and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from SkyWest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SkyWest 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 SkyWest. 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.
For more information on how to buy SkyWest Stock please use our
How to Invest in SkyWest guide.At this time, SkyWest's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 6.26 in 2024.
SkyWest fundamental ratios Correlations
Click cells to compare fundamentals
SkyWest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SkyWest fundamental ratios Accounts
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Additional Tools for SkyWest Stock Analysis
When running SkyWest's price analysis, check to
measure SkyWest'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 SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to
predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.