Blacksky Cash vs Current Deferred Revenue Analysis

BKSY Stock  USD 11.11  0.43  4.03%   
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 Cash 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 closely tied 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.

Cash vs Current Deferred Revenue

Cash 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 Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blacksky Technology's Cash and Current Deferred Revenue is 0.73. Overlapping area represents the amount of variation of Cash 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 Cash 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 Cash 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 Cash i.e., Blacksky Technology's Cash and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Blacksky Technology, which is listed under current asset account on Blacksky Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blacksky Technology customers. The amounts must be unrestricted with restricted cash listed in a different Blacksky Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 closely tied 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.
 2021 2023 2024 (projected)
Interest Expense5.4M9.3M5.7M
Depreciation And Amortization14.3M44.4M24.8M

Blacksky Technology fundamental ratios Correlations

0.980.940.790.940.34-0.780.650.930.370.750.630.580.870.770.440.620.790.72-0.710.790.760.780.48-0.38-0.61
0.980.930.720.930.53-0.740.480.970.250.610.550.590.820.650.530.560.710.71-0.690.730.730.710.52-0.41-0.66
0.940.930.560.990.4-0.520.540.950.220.580.80.30.660.590.690.50.580.44-0.460.550.490.540.26-0.19-0.36
0.790.720.560.55-0.01-0.980.750.550.710.90.20.890.990.94-0.190.760.990.93-0.880.990.970.990.58-0.41-0.81
0.940.930.990.550.44-0.520.510.970.140.560.790.30.650.570.710.430.560.46-0.450.540.50.540.25-0.18-0.37
0.340.530.4-0.010.44-0.11-0.490.61-0.4-0.32-0.010.220.12-0.250.650.02-0.080.19-0.140.030.12-0.040.24-0.22-0.41
-0.78-0.74-0.52-0.98-0.52-0.11-0.64-0.57-0.65-0.82-0.09-0.92-0.97-0.870.18-0.76-0.96-0.960.95-0.99-0.99-0.97-0.710.570.9
0.650.480.540.750.51-0.49-0.640.370.660.960.580.380.730.93-0.130.550.820.53-0.570.730.620.770.29-0.2-0.25
0.930.970.950.550.970.61-0.570.370.080.470.640.40.670.50.70.440.540.54-0.540.560.560.540.41-0.34-0.51
0.370.250.220.710.14-0.4-0.650.660.080.740.020.590.630.74-0.480.890.760.48-0.530.70.570.640.16-0.13-0.48
0.750.610.580.90.56-0.32-0.820.960.470.740.460.610.870.99-0.160.70.940.72-0.710.880.80.90.38-0.26-0.5
0.630.550.80.20.79-0.01-0.090.580.640.020.46-0.210.280.410.680.110.260.01-0.030.160.070.22-0.110.140.22
0.580.590.30.890.30.22-0.920.380.40.590.61-0.210.870.69-0.310.680.830.94-0.830.890.940.860.61-0.42-0.96
0.870.820.660.990.650.12-0.970.730.670.630.870.280.870.92-0.040.740.980.94-0.890.980.970.980.63-0.45-0.82
0.770.650.590.940.57-0.25-0.870.930.50.740.990.410.690.92-0.170.720.970.79-0.770.920.850.940.45-0.31-0.58
0.440.530.69-0.190.710.650.18-0.130.7-0.48-0.160.68-0.31-0.04-0.17-0.15-0.19-0.180.18-0.19-0.19-0.18-0.130.10.16
0.620.560.50.760.430.02-0.760.550.440.890.70.110.680.740.72-0.150.790.58-0.660.780.660.670.29-0.29-0.68
0.790.710.580.990.56-0.08-0.960.820.540.760.940.260.830.980.97-0.190.790.89-0.870.990.940.980.56-0.41-0.76
0.720.710.440.930.460.19-0.960.530.540.480.720.010.940.940.79-0.180.580.89-0.910.940.990.940.73-0.53-0.91
-0.71-0.69-0.46-0.88-0.45-0.140.95-0.57-0.54-0.53-0.71-0.03-0.83-0.89-0.770.18-0.66-0.87-0.91-0.92-0.92-0.9-0.880.80.85
0.790.730.550.990.540.03-0.990.730.560.70.880.160.890.980.92-0.190.780.990.94-0.920.980.980.64-0.5-0.85
0.760.730.490.970.50.12-0.990.620.560.570.80.070.940.970.85-0.190.660.940.99-0.920.980.970.69-0.51-0.89
0.780.710.540.990.54-0.04-0.970.770.540.640.90.220.860.980.94-0.180.670.980.94-0.90.980.970.66-0.46-0.78
0.480.520.260.580.250.24-0.710.290.410.160.38-0.110.610.630.45-0.130.290.560.73-0.880.640.690.66-0.93-0.67
-0.38-0.41-0.19-0.41-0.18-0.220.57-0.2-0.34-0.13-0.260.14-0.42-0.45-0.310.1-0.29-0.41-0.530.8-0.5-0.51-0.46-0.930.55
-0.61-0.66-0.36-0.81-0.37-0.410.9-0.25-0.51-0.48-0.50.22-0.96-0.82-0.580.16-0.68-0.76-0.910.85-0.85-0.89-0.78-0.670.55
Click cells to compare fundamentals

Blacksky Technology Account Relationship Matchups

Blacksky Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab56.1M38.4M28.8M17.1M20.7M21.5M
Non Currrent Assets Other(25.5M)39.8M53.2M1.9M9.3M14.4M
Other Stockholder Equity(159.1M)191.2M650.5M667.0M692.1M374.3M

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