SKYT
Price:
$18.48
Market Cap:
$885.76M
SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, power discrete, microelectromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.
Industry
Semiconductors
IPO Date
2021-04-21
Stock Exchange
NASDAQ
Ticker
SKYT
According to SkyWater Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.67. This represents a change of -28.74% compared to the average of 0.94 of the last 4 quarters.
The mean historical Current Ratio of SkyWater Technology, Inc. over the last ten years is 1.14. The current 0.67 Current Ratio has changed 5.81% with respect to the historical average. Over the past ten years (40 quarters), SKYT's Current Ratio was at its highest in in the July 2021 quarter at 1.95. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
1.14
Median
0.93
Minimum
0.86
Maximum
1.81
Discovering the peaks and valleys of SkyWater Technology, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 94.17%
Maximum Annual Current Ratio = 1.81
Minimum Annual Increase = -51.12%
Minimum Annual Current Ratio = 0.86
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.86 | -15.69% |
| 2023 | 1.02 | 15.12% |
| 2022 | 0.88 | -43.39% |
| 2021 | 1.56 | 75.60% |
| 2020 | 0.89 | -51.12% |
| 2019 | 1.81 | 94.17% |
The current Current Ratio of SkyWater Technology, Inc. (SKYT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.92
5-year avg
1.04
10-year avg
1.14
SkyWater Technology, Inc.’s Current Ratio is less than Ichor Holdings, Ltd. (3.08), less than Aehr Test Systems (7.06), less than Alpha and Omega Semiconductor Limited (3.29), less than SEALSQ Corp (7.38), less than ChipMOS TECHNOLOGIES Inc. (2.29), less than Wolfspeed, Inc. (7.73), less than OBOOK HOLDINGS INC. (0.79), less than POET Technologies Inc. (2.30), less than Ibotta, Inc. (2.21), less than Ituran Location and Control Ltd. (2.25),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.08 | $597.94M | |
| 7.06 | $764.93M | |
| 3.29 | $645.72M | |
| 7.38 | $666.38M | |
| 2.29 | $996.75M | |
| 7.73 | $589.05M | |
| 0.79 | $585.67M | |
| 2.30 | $539.82M | |
| 2.21 | $559.88M | |
| 2.25 | $784.60M |
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How does the current Current Ratio for SkyWater Technology, Inc. (SKYT) compare to its historical average?