Sky Operating Cash Flow Per Share vs Capex To Revenue Analysis
| SKYH-WT Stock | 2.88 0.28 8.86% |
Sky Harbour financial indicator trend analysis is much more than just breaking down Sky Harbour Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sky Harbour Group is a good investment. Please check the relationship between Sky Harbour Operating Cash Flow Per Share and its Capex To Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sky Harbour Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Operating Cash Flow Per Share vs Capex To Revenue
Operating Cash Flow Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sky Harbour Group Operating Cash Flow Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sky Harbour's Operating Cash Flow Per Share and Capex To Revenue is -0.33. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Sky Harbour Group, assuming nothing else is changed. The correlation between historical values of Sky Harbour's Operating Cash Flow Per Share and Capex To 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 Operating Cash Flow Per Share of Sky Harbour Group are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Operating Cash Flow Per Share i.e., Sky Harbour's Operating Cash Flow Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Sky Stock Analysis
When running Sky Harbour's price analysis, check to measure Sky Harbour'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 Sky Harbour is operating at the current time. Most of Sky Harbour's value examination focuses on studying past and present price action to predict the probability of Sky Harbour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Harbour's price. Additionally, you may evaluate how the addition of Sky Harbour to your portfolios can decrease your overall portfolio volatility.