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SkyWater Technology (SKYT) Financials

SkyWater Technology logo
$9.06 -0.13 (-1.41%)
Closing price 04:00 PM Eastern
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$9.06 +0.00 (+0.06%)
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Annual Income Statements for SkyWater Technology

Annual Income Statements for SkyWater Technology

This table shows SkyWater Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/29/2024 12/31/2023 1/1/2023
Net Income / (Loss) Attributable to Common Shareholders
-6.79 -31 -40
Consolidated Net Income / (Loss)
-2.52 -25 -37
Net Income / (Loss) Continuing Operations
-2.52 -25 -37
Total Pre-Tax Income
-2.28 -26 -36
Total Operating Income
6.56 -15 -30
Total Gross Profit
70 59 26
Total Revenue
342 287 213
Operating Revenue
342 287 213
Total Cost of Revenue
273 227 187
Operating Cost of Revenue
273 227 187
Total Operating Expenses
63 74 56
Selling, General & Admin Expense
48 64 46
Research & Development Expense
15 10 9.43
Total Other Income / (Expense), net
-8.84 -11 -6.30
Interest Expense
8.84 11 6.30
Income Tax Expense
0.24 -0.52 0.81
Net Income / (Loss) Attributable to Noncontrolling Interest
4.28 5.66 2.72
Basic Earnings per Share
($0.14) ($0.68) ($0.97)
Weighted Average Basic Shares Outstanding
47.40M 45.51M 40.84M
Diluted Earnings per Share
($0.14) ($0.68) ($0.97)
Weighted Average Diluted Shares Outstanding
47.40M 45.51M 40.84M
Weighted Average Basic & Diluted Shares Outstanding
48.00M 47.28M 43.91M

Quarterly Income Statements for SkyWater Technology

This table shows SkyWater Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/29/2024 9/29/2024 6/30/2024 3/31/2024 12/31/2023 10/1/2023 7/2/2023 4/2/2023 1/1/2023 10/2/2022
Net Income / (Loss) Attributable to Common Shareholders
-0.68 1.51 -1.90 -5.73 -10 -7.57 -8.59 -4.27 -3.04 -6.94
Consolidated Net Income / (Loss)
0.44 2.63 -0.96 -4.63 -8.40 -6.60 -6.52 -3.57 -2.45 -6.50
Net Income / (Loss) Continuing Operations
0.44 2.63 -0.96 -4.63 -8.40 -6.60 -6.52 -3.57 -2.45 -6.50
Total Pre-Tax Income
0.68 2.72 -1.08 -4.59 -8.85 -6.70 -6.50 -3.57 -1.59 -6.41
Total Operating Income
2.65 4.71 1.40 -2.20 -5.95 -4.19 -3.55 -1.10 1.30 -5.08
Total Gross Profit
19 20 17 13 12 14 17 16 17 8.28
Total Revenue
75 94 93 80 79 72 70 66 65 52
Operating Revenue
75 94 93 80 79 72 70 66 65 52
Total Cost of Revenue
56 74 76 67 67 57 53 50 49 44
Operating Cost of Revenue
56 74 76 67 67 57 53 50 49 44
Total Operating Expenses
17 16 16 15 18 18 20 18 15 13
Selling, General & Admin Expense
12 12 12 11 15 16 18 15 13 11
Research & Development Expense
4.22 3.43 3.38 4.01 2.87 2.23 2.40 2.67 2.21 2.58
Total Other Income / (Expense), net
-1.98 -1.99 -2.48 -2.39 -2.90 -2.51 -2.95 -2.47 -2.90 -1.33
Interest Expense
1.98 1.99 2.48 2.39 2.90 2.51 2.95 2.47 2.90 1.33
Income Tax Expense
0.23 0.09 -0.13 0.04 -0.45 -0.10 0.03 0.00 0.85 0.09
Net Income / (Loss) Attributable to Noncontrolling Interest
1.12 1.12 0.94 1.10 1.92 0.97 2.07 0.71 0.60 0.44
Basic Earnings per Share
($0.01) $0.03 ($0.04) ($0.12) ($0.23) ($0.16) ($0.19) ($0.10) ($0.06) ($0.17)
Weighted Average Basic Shares Outstanding
47.40M 47.52M 47.39M 47.10M 45.51M 46.45M 44.74M 43.82M 40.84M 40.67M
Diluted Earnings per Share
($0.01) $0.03 ($0.04) ($0.12) ($0.23) ($0.16) ($0.19) ($0.10) ($0.06) ($0.17)
Weighted Average Diluted Shares Outstanding
47.40M 47.64M 47.39M 47.10M 45.51M 46.45M 44.74M 43.82M 40.84M 40.67M
Weighted Average Basic & Diluted Shares Outstanding
48.00M 47.66M 47.48M 47.35M 47.28M 47.02M 46.28M 44.47M 43.91M 41.62M

Annual Cash Flow Statements for SkyWater Technology

This table details how cash moves in and out of SkyWater Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/29/2024 12/31/2023 1/1/2023
Net Change in Cash & Equivalents
0.46 -12 17
Net Cash From Operating Activities
18 10 -14
Net Cash From Continuing Operating Activities
18 10 -14
Net Income / (Loss) Continuing Operations
-2.52 -25 -37
Consolidated Net Income / (Loss)
-2.52 -25 -37
Depreciation Expense
19 29 28
Amortization Expense
1.68 1.76 0.91
Non-Cash Adjustments To Reconcile Net Income
28 -25 -1.07
Changes in Operating Assets and Liabilities, net
-27 30 -5.46
Net Cash From Investing Activities
-11 -10 -17
Net Cash From Continuing Investing Activities
-11 -10 -17
Purchase of Property, Plant & Equipment
-7.94 -8.62 -17
Acquisitions
-3.32 -1.87 -0.40
Sale of Property, Plant & Equipment
0.06 0.00 0.00
Net Cash From Financing Activities
-6.79 -11 49
Net Cash From Continuing Financing Activities
-6.79 -11 49
Repayment of Debt
-348 -300 -32
Repurchase of Common Equity
0.00 0.00 -0.46
Payment of Dividends
-5.62 -0.11 -1.21
Issuance of Debt
347 259 63
Issuance of Common Equity
2.76 24 22
Other Financing Activities, net
-2.35 5.73 -2.75
Cash Interest Paid
6.55 8.76 4.44
Cash Income Taxes Paid
0.11 0.01 0.00

Quarterly Cash Flow Statements for SkyWater Technology

This table details how cash moves in and out of SkyWater Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/29/2024 9/29/2024 6/30/2024 3/31/2024 12/31/2023 10/1/2023 7/2/2023 4/2/2023 1/1/2023 10/2/2022
Net Change in Cash & Equivalents
-1.84 2.32 -1.64 1.62 1.04 1.17 2.34 -16 21 -1.65
Net Cash From Operating Activities
-1.28 14 9.35 -3.92 32 -3.65 -6.92 -11 -8.29 7.85
Net Cash From Continuing Operating Activities
-1.28 14 9.35 -3.92 32 -3.65 -6.92 -11 -8.29 7.85
Net Income / (Loss) Continuing Operations
0.44 2.63 -0.96 -4.63 -8.40 -6.60 -6.52 -3.57 -2.45 -6.50
Consolidated Net Income / (Loss)
0.44 2.63 -0.96 -4.63 -8.40 -6.60 -6.52 -3.57 -2.45 -6.50
Depreciation Expense
5.40 4.17 4.06 5.07 7.28 7.09 7.21 7.35 7.45 7.08
Amortization Expense
0.35 0.44 0.44 0.44 0.41 0.47 0.52 0.36 0.39 0.17
Non-Cash Adjustments To Reconcile Net Income
16 -17 14 15 -12 -3.25 -7.14 -2.87 -8.06 2.03
Changes in Operating Assets and Liabilities, net
-24 24 -8.31 -20 44 -1.36 -0.99 -12 -5.63 5.07
Net Cash From Investing Activities
4.59 -13 -1.15 -2.07 -6.01 -1.26 -0.16 -3.06 -5.73 -5.86
Net Cash From Continuing Investing Activities
4.59 -13 -1.15 -2.07 -6.01 -1.26 -0.16 -3.06 -5.73 -5.86
Purchase of Property, Plant & Equipment
5.95 -12 -0.83 -1.26 -4.75 -1.26 0.24 -2.85 -5.73 -5.86
Acquisitions
-1.37 -0.80 -0.34 -0.81 -1.26 - -0.40 -0.21 - -
Net Cash From Financing Activities
-5.15 0.58 -9.84 7.61 -25 6.08 9.42 -2.04 35 -3.64
Net Cash From Continuing Financing Activities
-5.15 0.58 -9.84 7.61 -25 6.08 9.42 -2.04 35 -3.64
Repayment of Debt
-92 -89 -84 -83 -104 -72 -61 -64 -31 -0.26
Payment of Dividends
-0.94 -0.72 -3.97 0.00 -0.11 0.48 -0.45 -0.03 0.08 -0.43
Issuance of Debt
96 83 77 91 77 61 62 60 48 -4.42
Issuance of Common Equity
-6.63 7.81 0.32 1.26 0.19 10 9.45 3.97 18 2.86
Other Financing Activities, net
-0.63 -0.25 0.80 -2.27 2.40 5.63 -0.12 -2.19 -0.45 -1.39
Cash Interest Paid
1.52 1.61 2.04 1.37 2.18 2.75 2.54 1.29 1.42 1.16

Annual Balance Sheets for SkyWater Technology

This table presents SkyWater Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/29/2024 12/31/2023 1/1/2023
Total Assets
314 317 306
Total Current Assets
132 146 117
Cash & Equivalents
19 18 30
Accounts Receivable
54 66 28
Inventories, net
15 15 13
Prepaid Expenses
23 17 10
Other Current Assets
21 30 35
Plant, Property, & Equipment, net
165 159 180
Total Noncurrent Assets
16 11 9.30
Intangible Assets
7.78 5.67 5.61
Other Noncurrent Operating Assets
8.49 5.34 3.69
Total Liabilities & Shareholders' Equity
314 317 306
Total Liabilities
250 256 252
Total Current Liabilities
154 144 132
Short-Term Debt
33 27 58
Accounts Payable
30 20 21
Accrued Expenses
37 48 25
Current Deferred Revenue
55 50 28
Total Noncurrent Liabilities
96 112 120
Long-Term Debt
35 36 35
Noncurrent Deferred Revenue
52 66 68
Noncurrent Deferred & Payable Income Tax Liabilities
0.63 0.68 1.24
Other Noncurrent Operating Liabilities
8.72 9.33 14
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
63 61 54
Total Preferred & Common Equity
58 54 54
Preferred Stock
0.00 0.00 0.00
Total Common Equity
58 54 54
Common Stock
190 179 148
Retained Earnings
-132 -125 -94
Noncontrolling Interest
5.88 6.96 0.31

Quarterly Balance Sheets for SkyWater Technology

This table presents SkyWater Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/29/2024 6/30/2024 3/31/2024 10/1/2023 7/2/2023 4/2/2023 10/2/2022
Total Assets
315 290 312 300 299 293 271
Total Current Assets
140 121 143 124 118 108 77
Cash & Equivalents
21 18 20 17 16 14 9.32
Accounts Receivable
61 52 58 43 77 67 49
Inventories, net
14 15 16 17 16 14 12
Prepaid Expenses
15 17 25 8.65 9.07 12 6.12
Current Deferred & Refundable Income Taxes
0.00 0.26 0.08 0.12 0.11 0.17 0.74
Other Current Assets
29 18 25 38 - - -
Plant, Property, & Equipment, net
163 157 157 166 170 175 184
Total Noncurrent Assets
12 13 12 9.90 11 9.61 9.87
Intangible Assets
7.22 6.80 6.32 4.84 5.22 5.32 6.09
Other Noncurrent Operating Assets
4.91 6.02 5.69 5.05 5.52 4.29 3.78
Total Liabilities & Shareholders' Equity
315 290 312 300 299 293 271
Total Liabilities
247 234 253 232 236 235 235
Total Current Liabilities
160 134 149 128 130 123 73
Short-Term Debt
25 29 36 49 56 54 1.05
Accounts Payable
30 19 26 14 14 14 19
Accrued Expenses
31 33 31 39 32 26 29
Current Deferred Revenue
73 53 56 25 28 28 24
Current Deferred & Payable Income Tax Liabilities
0.39 - - - - - -
Total Noncurrent Liabilities
86 100 104 104 105 113 162
Long-Term Debt
36 37 36 38 35 35 73
Noncurrent Deferred Revenue
41 53 59 56 60 63 74
Noncurrent Deferred & Payable Income Tax Liabilities
0.38 0.57 0.62 1.12 1.20 1.24 0.97
Other Noncurrent Operating Liabilities
8.78 8.91 9.20 9.47 9.60 14 11
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
69 57 59 68 63 57 36
Total Preferred & Common Equity
56 51 51 63 59 56 36
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
56 51 51 63 59 56 36
Common Stock
187 184 182 178 167 155 127
Retained Earnings
-131 -133 -131 -115 -107 -99 -91
Noncontrolling Interest
12 5.36 8.06 4.95 3.56 0.99 -0.37

Annual Metrics And Ratios for SkyWater Technology

This table displays calculated financial ratios and metrics derived from SkyWater Technology's official financial filings.

Metric 2024 2023 2022
Period end date 12/29/2024 12/31/2023 1/1/2023
Growth Metrics
- - -
Revenue Growth
19.39% 34.63% 30.76%
EBITDA Growth
69.40% 2,486.94% 97.06%
EBIT Growth
144.36% 50.32% 41.23%
NOPAT Growth
144.36% 50.32% 47.87%
Net Income Growth
89.97% 31.94% 22.22%
EPS Growth
79.41% 29.90% 44.89%
Operating Cash Flow Growth
83.12% 170.51% 74.32%
Free Cash Flow Firm Growth
-280.79% 101.21% -5,322.83%
Invested Capital Growth
6.59% -9.97% 283.48%
Revenue Q/Q Growth
-1.06% 5.16% 14.25%
EBITDA Q/Q Growth
32.94% -31.79% 97.80%
EBIT Q/Q Growth
420.78% -96.31% 49.30%
NOPAT Q/Q Growth
420.78% -96.31% 49.30%
Net Income Q/Q Growth
77.84% -31.12% 39.15%
EPS Q/Q Growth
61.11% -33.33% -100.00%
Operating Cash Flow Q/Q Growth
-64.14% 133.66% 41.52%
Free Cash Flow Firm Q/Q Growth
-108.49% 103.05% -287.10%
Invested Capital Q/Q Growth
3.12% -23.64% 16.24%
Profitability Metrics
- - -
Gross Margin
20.34% 20.68% 12.19%
EBITDA Margin
7.87% 5.55% -0.31%
Operating Margin
1.92% -5.16% -13.98%
EBIT Margin
1.92% -5.16% -13.98%
Profit (Net Income) Margin
-0.74% -8.75% -17.32%
Tax Burden Percent
110.54% 97.97% 102.24%
Interest Burden Percent
-34.71% 173.21% 121.15%
Effective Tax Rate
0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
4.23% -9.33% -28.30%
ROIC Less NNEP Spread (ROIC-NNEP)
-11.05% -36.81% -124.43%
Return on Net Nonoperating Assets (RNNOA)
-8.28% -34.44% -36.44%
Return on Equity (ROE)
-4.05% -43.76% -64.74%
Cash Return on Invested Capital (CROIC)
-2.16% 1.17% -145.57%
Operating Return on Assets (OROA)
2.08% -4.75% -10.46%
Return on Assets (ROA)
-0.80% -8.06% -12.95%
Return on Common Equity (ROCE)
-3.63% -40.99% -65.25%
Return on Equity Simple (ROE_SIMPLE)
-4.37% -46.69% -68.70%
Net Operating Profit after Tax (NOPAT)
4.59 -10 -21
NOPAT Margin
1.34% -3.61% -9.79%
Net Nonoperating Expense Percent (NNEP)
15.28% 27.48% 96.13%
Return On Investment Capital (ROIC_SIMPLE)
3.51% -8.38% -14.19%
Cost of Revenue to Revenue
79.66% 79.32% 87.81%
SG&A Expenses to Revenue
14.03% 22.29% 21.74%
R&D to Revenue
4.39% 3.55% 4.43%
Operating Expenses to Revenue
18.43% 25.84% 26.17%
Earnings before Interest and Taxes (EBIT)
6.56 -15 -30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
27 16 -0.67
Valuation Ratios
- - -
Price to Book Value (P/BV)
12.33 8.42 5.51
Price to Tangible Book Value (P/TBV)
14.26 9.41 6.16
Price to Revenue (P/Rev)
2.08 1.58 1.39
Price to Earnings (P/E)
0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
6.83 4.79 3.07
Enterprise Value to Revenue (EV/Rev)
2.24 1.76 1.69
Enterprise Value to EBITDA (EV/EBITDA)
28.41 31.69 0.00
Enterprise Value to EBIT (EV/EBIT)
116.62 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
166.60 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
41.44 49.97 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 388.91 0.00
Leverage & Solvency
- - -
Debt to Equity
1.06 1.04 1.72
Long-Term Debt to Equity
0.55 0.59 0.65
Financial Leverage
0.75 0.94 0.29
Leverage Ratio
5.08 5.43 5.00
Compound Leverage Factor
-1.76 9.40 6.06
Debt to Total Capital
51.51% 50.87% 63.24%
Short-Term Debt to Total Capital
25.01% 21.65% 39.28%
Long-Term Debt to Total Capital
26.50% 29.22% 23.96%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.49% 5.63% 0.21%
Common Equity to Total Capital
44.00% 43.50% 36.55%
Debt to EBITDA
2.50 3.95 -139.42
Net Debt to EBITDA
1.80 2.80 -94.34
Long-Term Debt to EBITDA
1.29 2.27 -52.82
Debt to NOPAT
14.69 -6.07 -4.46
Net Debt to NOPAT
10.58 -4.29 -3.02
Long-Term Debt to NOPAT
7.56 -3.49 -1.69
Altman Z-Score
2.19 1.27 0.59
Noncontrolling Interest Sharing Ratio
10.34% 6.34% -0.78%
Liquidity Ratios
- - -
Current Ratio
0.86 1.02 0.88
Quick Ratio
0.47 0.58 0.44
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-2.34 1.30 -107
Operating Cash Flow to CapEx
234.09% 116.98% -83.84%
Free Cash Flow to Firm to Interest Expense
-0.27 0.12 -17.03
Operating Cash Flow to Interest Expense
2.09 0.93 -2.27
Operating Cash Flow Less CapEx to Interest Expense
1.20 0.14 -4.98
Efficiency Ratios
- - -
Asset Turnover
1.09 0.92 0.75
Accounts Receivable Turnover
5.69 6.10 6.32
Inventory Turnover
18.25 15.83 12.10
Fixed Asset Turnover
2.11 1.69 0.00
Accounts Payable Turnover
11.08 11.17 13.01
Days Sales Outstanding (DSO)
64.14 59.84 57.79
Days Inventory Outstanding (DIO)
20.00 23.06 30.16
Days Payable Outstanding (DPO)
32.94 32.68 28.05
Cash Conversion Cycle (CCC)
51.20 50.23 59.89
Capital & Investment Metrics
- - -
Invested Capital
112 105 117
Invested Capital Turnover
3.15 2.58 2.89
Increase / (Decrease) in Invested Capital
6.93 -12 86
Enterprise Value (EV)
765 504 359
Market Capitalization
711 452 296
Book Value per Share
$1.21 $1.14 $1.29
Tangible Book Value per Share
$1.05 $1.02 $1.15
Total Capital
131 124 147
Total Debt
67 63 93
Total Long-Term Debt
35 36 35
Net Debt
49 44 63
Capital Expenditures (CapEx)
7.89 8.62 17
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-8.35 11 12
Debt-free Net Working Capital (DFNWC)
10 29 42
Net Working Capital (NWC)
-22 2.18 -16
Net Nonoperating Expense (NNE)
7.11 15 16
Net Nonoperating Obligations (NNO)
49 44 63
Total Depreciation and Amortization (D&A)
20 31 29
Debt-free, Cash-free Net Working Capital to Revenue
-2.44% 3.68% 5.65%
Debt-free Net Working Capital to Revenue
3.07% 10.09% 19.75%
Net Working Capital to Revenue
-6.50% 0.76% -7.34%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.14) ($0.68) ($0.97)
Adjusted Weighted Average Basic Shares Outstanding
47.40M 45.51M 40.84M
Adjusted Diluted Earnings per Share
($0.14) ($0.68) ($0.97)
Adjusted Weighted Average Diluted Shares Outstanding
47.40M 45.51M 40.84M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
48.00M 47.28M 43.91M
Normalized Net Operating Profit after Tax (NOPAT)
4.59 -10 -21
Normalized NOPAT Margin
1.34% -3.61% -9.79%
Pre Tax Income Margin
-0.67% -8.93% -16.94%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.74 -1.37 -4.73
NOPAT to Interest Expense
0.52 -0.96 -3.31
EBIT Less CapEx to Interest Expense
-0.15 -2.16 -7.44
NOPAT Less CapEx to Interest Expense
-0.37 -1.75 -6.02
Payout Ratios
- - -
Dividend Payout Ratio
-223.32% -0.43% -3.29%
Augmented Payout Ratio
-223.32% -0.43% -4.53%

Quarterly Metrics And Ratios for SkyWater Technology

This table displays calculated financial ratios and metrics derived from SkyWater Technology's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/29/2024 9/29/2024 6/30/2024 3/31/2024 12/31/2023 10/1/2023 7/2/2023 4/2/2023 1/1/2023 10/2/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
-4.63% 30.99% 33.69% 20.49% 21.61% 36.88% 47.26% 37.35% 68.91% 49.40%
EBITDA Growth
385.22% 176.14% 41.35% -50.05% -81.05% 55.13% 212.86% 179.86% 144.62% 144.73%
EBIT Growth
144.55% 212.36% 139.45% -101.00% -557.22% 17.52% 67.96% 92.66% 104.71% 57.79%
NOPAT Growth
141.67% 255.03% 139.45% -101.00% -557.22% 17.52% 67.96% 92.66% 104.71% 57.79%
Net Income Growth
105.26% 139.81% 85.36% -29.89% -243.46% -1.58% 46.43% 77.35% 90.65% 49.87%
EPS Growth
95.65% 118.75% 78.95% -20.00% -283.33% 5.88% 40.63% 76.19% -100.00% 100.00%
Operating Cash Flow Growth
-104.03% 491.79% 235.03% 64.60% 482.95% -146.52% -125.47% -2.72% 55.05% 222.15%
Free Cash Flow Firm Growth
-169.49% 183.57% 197.40% 187.20% 108.76% -507.39% -191.36% 38.57% -476.84% 108.06%
Invested Capital Growth
6.59% -21.06% -23.93% -16.35% -9.97% 37.04% 30.71% 20.26% 283.48% -11.78%
Revenue Q/Q Growth
-19.54% 0.52% 17.19% 0.61% 10.51% 2.60% 5.62% 1.55% 24.39% 10.38%
EBITDA Q/Q Growth
-9.80% 57.81% 78.69% 90.76% -48.67% -19.22% -36.85% -27.65% 320.32% 158.77%
EBIT Q/Q Growth
-43.68% 236.36% 163.61% 63.03% -42.04% -18.09% -224.11% -184.10% 125.62% 54.13%
NOPAT Q/Q Growth
-61.82% 364.09% 163.61% 63.03% -42.04% -18.09% -224.11% -184.10% 125.62% 54.13%
Net Income Q/Q Growth
-83.18% 375.18% 79.38% 44.86% -27.25% -1.20% -82.95% -45.79% 62.36% 46.64%
EPS Q/Q Growth
-133.33% 175.00% 66.67% 47.83% -43.75% 15.79% -90.00% -66.67% 64.71% 46.88%
Operating Cash Flow Q/Q Growth
-108.93% 53.16% 338.20% -112.36% 968.72% 47.21% 37.56% -33.74% -205.54% 355.83%
Free Cash Flow Firm Q/Q Growth
-115.49% -1.10% 67.86% 170.22% 118.63% -15.27% -50.29% 72.87% -966.80% 182.44%
Invested Capital Q/Q Growth
3.12% 3.79% -5.91% 5.85% -23.64% 0.02% 3.47% 13.92% 16.24% -4.60%
Profitability Metrics
- - - - - - - - - -
Gross Margin
25.56% 21.57% 18.34% 16.30% 15.17% 19.75% 23.87% 24.92% 25.43% 15.82%
EBITDA Margin
11.13% 9.93% 6.33% 4.15% 2.19% 4.71% 5.98% 10.01% 14.05% 4.16%
Operating Margin
3.51% 5.02% 1.50% -2.76% -7.52% -5.85% -5.08% -1.66% 2.00% -9.71%
EBIT Margin
3.51% 5.02% 1.50% -2.76% -7.52% -5.85% -5.08% -1.66% 2.00% -9.71%
Profit (Net Income) Margin
0.59% 2.80% -1.02% -5.82% -10.61% -9.22% -9.35% -5.40% -3.76% -12.42%
Tax Burden Percent
65.48% 96.58% 88.26% 100.89% 94.92% 98.57% 100.38% 100.00% 153.55% 101.36%
Interest Burden Percent
25.45% 57.78% -77.29% 208.59% 148.68% 159.82% 183.12% 325.66% -122.35% 126.20%
Effective Tax Rate
34.52% 3.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
7.25% 13.61% 2.80% -4.75% -13.60% -9.38% -7.42% -2.20% 4.05% -11.82%
ROIC Less NNEP Spread (ROIC-NNEP)
4.47% 10.12% -0.35% -9.60% -21.49% -14.84% -13.09% -6.23% -16.08% -18.13%
Return on Net Nonoperating Assets (RNNOA)
3.35% 8.17% -0.36% -10.48% -20.11% -19.18% -18.56% -8.24% -4.71% -13.96%
Return on Equity (ROE)
10.60% 21.78% 2.45% -15.23% -33.71% -28.55% -25.98% -10.44% -0.66% -25.77%
Cash Return on Invested Capital (CROIC)
-2.16% 22.38% 20.86% 8.70% 1.17% -35.68% -31.48% -27.56% -145.57% -25.83%
Operating Return on Assets (OROA)
3.81% 5.65% 1.65% -2.74% -6.93% -5.59% -4.48% -1.36% 1.50% -6.67%
Return on Assets (ROA)
0.64% 3.15% -1.12% -5.77% -9.78% -8.81% -8.23% -4.41% -2.81% -8.53%
Return on Common Equity (ROCE)
9.50% 19.01% 2.26% -14.05% -31.57% -27.29% -25.15% -10.40% -0.66% -26.09%
Return on Equity Simple (ROE_SIMPLE)
0.00% -20.23% -40.01% -50.95% 0.00% -30.44% -32.09% -43.71% 0.00% -166.21%
Net Operating Profit after Tax (NOPAT)
1.74 4.55 0.98 -1.54 -4.17 -2.93 -2.48 -0.77 0.91 -3.56
NOPAT Margin
2.30% 4.85% 1.05% -1.93% -5.26% -4.10% -3.56% -1.16% 1.40% -6.80%
Net Nonoperating Expense Percent (NNEP)
2.78% 3.49% 3.15% 4.85% 7.89% 5.46% 5.67% 4.04% 20.13% 6.31%
Return On Investment Capital (ROIC_SIMPLE)
1.33% - - - -3.37% - - - 0.62% -
Cost of Revenue to Revenue
74.44% 78.43% 81.66% 83.70% 84.83% 80.25% 76.13% 75.08% 74.57% 84.18%
SG&A Expenses to Revenue
16.47% 12.89% 13.21% 14.03% 19.07% 22.49% 25.53% 22.54% 20.03% 20.60%
R&D to Revenue
5.58% 3.66% 3.62% 5.04% 3.63% 3.12% 3.43% 4.04% 3.39% 4.93%
Operating Expenses to Revenue
22.05% 16.55% 16.84% 19.06% 22.69% 25.60% 28.96% 26.57% 23.43% 25.53%
Earnings before Interest and Taxes (EBIT)
2.65 4.71 1.40 -2.20 -5.95 -4.19 -3.55 -1.10 1.30 -5.08
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
8.40 9.32 5.90 3.30 1.73 3.37 4.18 6.61 9.14 2.18
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
12.33 7.64 7.04 9.37 8.42 0.00 7.06 8.85 5.51 8.49
Price to Tangible Book Value (P/TBV)
14.26 8.77 8.11 10.68 9.41 0.00 7.74 9.77 6.16 10.19
Price to Revenue (P/Rev)
2.08 1.24 1.12 1.60 1.58 0.00 1.65 2.16 1.39 1.66
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
6.83 4.43 3.97 4.86 4.79 0.00 3.61 4.33 3.07 3.72
Enterprise Value to Revenue (EV/Rev)
2.24 1.39 1.28 1.80 1.76 0.00 1.96 2.50 1.69 2.00
Enterprise Value to EBITDA (EV/EBITDA)
28.41 23.78 29.03 42.97 31.69 0.00 22.49 40.49 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
116.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
166.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
41.44 9.36 12.40 31.36 49.97 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 17.47 16.43 50.89 388.91 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.06 0.89 1.17 1.21 1.04 1.29 1.45 1.56 1.72 2.04
Long-Term Debt to Equity
0.55 0.53 0.66 0.60 0.59 0.56 0.55 0.61 0.65 2.01
Financial Leverage
0.75 0.81 1.03 1.09 0.94 1.29 1.42 1.32 0.29 0.77
Leverage Ratio
5.08 4.51 4.92 5.18 5.43 5.49 5.72 5.38 5.00 4.48
Compound Leverage Factor
1.29 2.60 -3.80 10.80 8.07 8.78 10.48 17.51 -6.12 5.65
Debt to Total Capital
51.51% 47.02% 53.84% 54.76% 50.87% 56.25% 59.13% 60.88% 63.24% 67.14%
Short-Term Debt to Total Capital
25.01% 19.05% 23.45% 27.60% 21.65% 31.92% 36.53% 36.92% 39.28% 0.96%
Long-Term Debt to Total Capital
26.50% 27.96% 30.39% 27.16% 29.22% 24.33% 22.60% 23.96% 23.96% 66.18%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.49% 9.58% 4.35% 6.14% 5.63% 3.19% 2.31% 0.67% 0.21% -0.34%
Common Equity to Total Capital
44.00% 43.41% 41.81% 39.10% 43.50% 40.55% 38.56% 38.45% 36.55% 33.20%
Debt to EBITDA
2.50 3.00 4.63 5.71 3.95 3.74 4.12 6.28 -139.42 -2.43
Net Debt to EBITDA
1.80 1.98 3.35 4.12 2.80 3.00 3.38 5.31 -94.34 -2.13
Long-Term Debt to EBITDA
1.29 1.79 2.61 2.83 2.27 1.62 1.57 2.47 -52.82 -2.40
Debt to NOPAT
14.69 -42.49 -8.65 -6.46 -6.07 -16.54 -15.43 -8.01 -4.46 -1.79
Net Debt to NOPAT
10.58 -28.04 -6.25 -4.67 -4.29 -13.25 -12.69 -6.77 -3.02 -1.57
Long-Term Debt to NOPAT
7.56 -25.27 -4.88 -3.21 -3.49 -7.16 -5.90 -3.15 -1.69 -1.77
Altman Z-Score
2.15 1.53 1.37 1.47 1.36 0.00 1.32 1.52 0.92 0.97
Noncontrolling Interest Sharing Ratio
10.34% 12.72% 7.45% 7.74% 6.34% 4.41% 3.16% 0.29% -0.78% -1.23%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.86 0.87 0.90 0.96 1.02 0.97 0.91 0.88 0.88 1.06
Quick Ratio
0.47 0.51 0.53 0.52 0.58 0.48 0.72 0.66 0.44 0.80
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-5.20 34 34 20 7.48 -40 -35 -23 -85 9.86
Operating Cash Flow to CapEx
0.00% 121.57% 1,130.23% -311.68% 667.71% -290.92% 0.00% -388.85% -144.71% 133.98%
Free Cash Flow to Firm to Interest Expense
-2.63 16.88 13.67 8.46 2.58 -16.02 -11.81 -9.38 -29.51 7.41
Operating Cash Flow to Interest Expense
-0.65 7.20 3.77 -1.64 10.95 -1.46 -2.35 -4.49 -2.86 5.90
Operating Cash Flow Less CapEx to Interest Expense
2.36 1.28 3.43 -2.17 9.31 -1.96 -2.26 -5.64 -4.84 1.50
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.09 1.13 1.10 0.99 0.92 0.96 0.88 0.82 0.75 0.69
Accounts Receivable Turnover
5.69 6.65 5.01 4.81 6.10 5.89 3.99 4.03 6.32 4.43
Inventory Turnover
18.25 18.25 17.46 16.34 15.83 14.48 14.01 13.65 12.10 8.98
Fixed Asset Turnover
2.11 2.10 1.98 1.81 1.69 1.56 1.42 1.27 0.00 1.01
Accounts Payable Turnover
11.08 12.72 16.13 12.27 11.17 12.47 13.94 18.81 13.01 12.36
Days Sales Outstanding (DSO)
64.14 54.89 72.90 75.93 59.84 61.95 91.49 90.66 57.79 82.38
Days Inventory Outstanding (DIO)
20.00 20.00 20.90 22.34 23.06 25.21 26.05 26.74 30.16 40.63
Days Payable Outstanding (DPO)
32.94 28.70 22.62 29.75 32.68 29.28 26.19 19.41 28.05 29.54
Cash Conversion Cycle (CCC)
51.20 46.20 71.18 68.52 50.23 57.88 91.36 97.99 59.89 93.47
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
112 109 105 111 105 138 138 133 117 100
Invested Capital Turnover
3.15 2.81 2.67 2.46 2.58 2.29 2.08 1.90 2.89 1.74
Increase / (Decrease) in Invested Capital
6.93 -29 -33 -22 -12 37 32 22 86 -13
Enterprise Value (EV)
765 482 415 541 504 0.00 497 576 359 374
Market Capitalization
711 429 362 481 452 0.00 419 500 296 309
Book Value per Share
$1.21 $1.18 $1.09 $1.09 $1.14 $1.35 $1.33 $1.29 $1.29 $0.90
Tangible Book Value per Share
$1.05 $1.03 $0.94 $0.95 $1.02 $1.25 $1.22 $1.17 $1.15 $0.75
Total Capital
131 129 123 131 124 155 154 147 147 110
Total Debt
67 61 66 72 63 87 91 89 93 74
Total Long-Term Debt
35 36 37 36 36 38 35 35 35 73
Net Debt
49 40 48 52 44 70 75 76 63 64
Capital Expenditures (CapEx)
-5.95 12 0.83 1.26 4.75 1.26 -0.24 2.85 5.73 5.86
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-8.35 -16 -2.76 10 11 28 28 26 12 -3.89
Debt-free Net Working Capital (DFNWC)
10 4.59 16 30 29 46 44 39 42 5.44
Net Working Capital (NWC)
-22 -20 -13 -5.80 2.18 -3.93 -12 -15 -16 4.39
Net Nonoperating Expense (NNE)
1.29 1.92 1.94 3.09 4.23 3.67 4.04 2.80 3.36 2.94
Net Nonoperating Obligations (NNO)
49 40 48 52 44 70 75 76 63 64
Total Depreciation and Amortization (D&A)
5.75 4.61 4.50 5.51 7.69 7.57 7.73 7.71 7.84 7.26
Debt-free, Cash-free Net Working Capital to Revenue
-2.44% -4.65% -0.85% 3.48% 3.68% 10.35% 11.07% 11.11% 5.65% -2.08%
Debt-free Net Working Capital to Revenue
3.07% 1.33% 4.82% 10.14% 10.09% 16.71% 17.46% 17.10% 19.75% 2.92%
Net Working Capital to Revenue
-6.50% -5.80% -4.09% -1.93% 0.76% -1.44% -4.73% -6.39% -7.34% 2.35%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.01) $0.03 ($0.04) ($0.12) ($0.23) ($0.16) ($0.19) ($0.10) ($0.06) ($170,000.00)
Adjusted Weighted Average Basic Shares Outstanding
47.40M 47.52M 47.39M 47.10M 45.51M 46.45M 44.74M 43.82M 40.84M 40.67M
Adjusted Diluted Earnings per Share
($0.01) $0.03 ($0.04) ($0.12) ($0.23) ($0.16) ($0.19) ($0.10) ($0.06) ($170,000.00)
Adjusted Weighted Average Diluted Shares Outstanding
47.40M 47.64M 47.39M 47.10M 45.51M 46.45M 44.74M 43.82M 40.84M 40.67M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
48.00M 47.66M 47.48M 47.35M 47.28M 47.02M 46.28M 44.47M 43.91M 41.62M
Normalized Net Operating Profit after Tax (NOPAT)
1.74 4.55 0.98 -1.54 -4.17 -2.93 -2.48 -0.77 0.91 -3.56
Normalized NOPAT Margin
2.30% 4.85% 1.05% -1.93% -5.26% -4.10% -3.56% -1.16% 1.40% -6.80%
Pre Tax Income Margin
0.89% 2.90% -1.16% -5.77% -11.18% -9.35% -9.31% -5.40% -2.45% -12.25%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
1.34 2.37 0.56 -0.92 -2.05 -1.67 -1.20 -0.44 0.45 -3.82
NOPAT to Interest Expense
0.88 2.29 0.39 -0.64 -1.44 -1.17 -0.84 -0.31 0.31 -2.67
EBIT Less CapEx to Interest Expense
4.35 -3.55 0.23 -1.45 -3.69 -2.17 -1.12 -1.60 -1.53 -8.22
NOPAT Less CapEx to Interest Expense
3.89 -3.64 0.06 -1.17 -3.08 -1.67 -0.76 -1.46 -1.66 -7.08
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
-223.32% -32.50% -12.13% 3.90% -0.43% 0.43% -4.33% -3.67% -3.29% -3.72%
Augmented Payout Ratio
-223.32% -32.50% -12.13% 3.90% -0.43% 0.43% -4.33% -3.67% -4.53% -3.72%

Frequently Asked Questions About SkyWater Technology's Financials

When does SkyWater Technology's financial year end?

According to the most recent income statement we have on file, SkyWater Technology's fiscal year ends in December. Their fiscal year 2024 ended on December 29, 2024.

How has SkyWater Technology's net income changed over the last 2 years?

SkyWater Technology's net income appears to be on a downward trend, with a most recent value of -$2.52 million in 2024, falling from -$36.87 million in 2022. The previous period was -$25.09 million in 2023. Check out SkyWater Technology's forecast to explore projected trends and price targets.

What is SkyWater Technology's operating income?
SkyWater Technology's total operating income in 2024 was $6.56 million, based on the following breakdown:
  • Total Gross Profit: $69.63 million
  • Total Operating Expenses: $63.07 million
How has SkyWater Technology revenue changed over the last 2 years?

Over the last 2 years, SkyWater Technology's total revenue changed from $212.94 million in 2022 to $342.27 million in 2024, a change of 60.7%.

How much debt does SkyWater Technology have?

SkyWater Technology's total liabilities were at $250.29 million at the end of 2024, a 2.3% decrease from 2023, and a 0.6% decrease since 2022.

How much cash does SkyWater Technology have?

In the past 2 years, SkyWater Technology's cash and equivalents has ranged from $18.38 million in 2023 to $30.03 million in 2022, and is currently $18.84 million as of their latest financial filing in 2024.

How has SkyWater Technology's book value per share changed over the last 2 years?

Over the last 2 years, SkyWater Technology's book value per share changed from 1.29 in 2022 to 1.21 in 2024, a change of -6.2%.



This page (NASDAQ:SKYT) was last updated on 5/29/2025 by MarketBeat.com Staff
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