Blue Sky Uranium Stock Working Capital

BSK Stock  CAD 0.05  0.01  11.11%   
Blue Sky Uranium fundamentals help investors to digest information that contributes to Blue Sky's financial success or failures. It also enables traders to predict the movement of Blue Stock. The fundamental analysis module provides a way to measure Blue Sky's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blue Sky stock.
Last ReportedProjected for Next Year
Net Working Capital198.9 K188.9 K
Change In Working Capital63.3 K40.1 K
Net Working Capital is likely to drop to about 188.9 K in 2024. Change In Working Capital is likely to drop to about 40.1 K in 2024.
  
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Blue Sky Uranium Company Working Capital Analysis

Blue Sky's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Blue Sky Working Capital

    
  198.87 K  
Most of Blue Sky's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blue Sky Uranium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Blue Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Blue Sky is extremely important. It helps to project a fair market value of Blue Stock properly, considering its historical fundamentals such as Working Capital. Since Blue Sky's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Blue Sky's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Blue Sky's interrelated accounts and indicators.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Blue Net Invested Capital

Net Invested Capital

381,181

At this time, Blue Sky's Net Invested Capital is fairly stable compared to the past year.
In accordance with the company's disclosures, Blue Sky Uranium has a Working Capital of 198.87 K. This is 99.97% lower than that of the Oil, Gas & Consumable Fuels sector and 99.99% lower than that of the Energy industry. The working capital for all Canada stocks is 99.99% higher than that of the company.

Blue Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Sky's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blue Sky could also be used in its relative valuation, which is a method of valuing Blue Sky by comparing valuation metrics of similar companies.
Blue Sky is currently under evaluation in working capital category among its peers.

Blue Sky Current Valuation Drivers

We derive many important indicators used in calculating different scores of Blue Sky from analyzing Blue Sky's financial statements. These drivers represent accounts that assess Blue Sky's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Blue Sky's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap16.6M12.4M22.8M17.4M16.3M9.0M
Enterprise Value15.3M12.1M23.0M15.7M15.3M8.5M

Blue Fundamentals

About Blue Sky Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blue Sky Uranium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Sky using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Sky Uranium based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.