SkyWater Technology, Inc. (SKYT) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SKYT SEC filings page.
SkyWater Technology, Inc. (SKYT) reported $638.8M in revenue over the twelve months to Jun 28, 2026, up 120.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
SkyWater’s reported profit in FY2025 came alongside negative operating cash flow, while financing reshaped a much larger but tighter balance sheet.
Operating cash flow moved from positive in FY2024 to negative in FY2025 even as net income moved from a loss to a profit. That divergence means FY2025 earnings were not converted into operating cash; the shortfall coincided with$146.4M of financing inflow and$113.0M of investing outflow, indicating balance-sheet expansion was funded externally rather than by the year’s operations.
Gross margin held near
Total assets more than doubled to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of SkyWater Technology, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
SkyWater Technology, Inc. has an operating margin of -0.6%, meaning the company loses $1 on every $100 of revenue. This results in a profitability score of 32/100. This is down from 1.9% the prior year.
SkyWater Technology, Inc.'s revenue surged 29.2% year-over-year to $442.1M, reflecting rapid business expansion. This strong growth earns a score of 86/100.
SkyWater Technology, Inc. carries a low D/E ratio of 0.18, meaning only $0.18 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.
SkyWater Technology, Inc.'s current ratio of 0.60 is below the typical benchmark, resulting in a score of 6/100. This tight liquidity could limit financial flexibility if cash inflows slow.
SkyWater Technology, Inc.'s operations used $29.0M of cash, and capex of $24.3M added to the outflow, for a free cash flow shortfall of $53.3M. This results in a cash flow score of 16/100.
SkyWater Technology, Inc.'s ROE of 63.3% shows moderate profitability relative to equity, earning a score of 31/100. This is up from -12.2% the prior year.
SkyWater Technology, Inc. scores 2.13, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($1.6B) relative to total liabilities ($538.1M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
SkyWater Technology, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, SkyWater Technology, Inc. used $0.24 of operating cash (-$29.0M OCF vs $118.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
SkyWater Technology, Inc. reported an operating loss of $2.6M against $13.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
SkyWater Technology, Inc. generated $156.4M in revenue in Q2 2026. This represents an increase of 164.8% from the same quarter a year earlier. Against the prior quarter it is down 2.7%.
SkyWater Technology, Inc.'s EBITDA was $2.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 134.9% from the same quarter a year earlier. Against the prior quarter it is down 75.3%.
SkyWater Technology, Inc. reported -$6.4M in net income in Q2 2026. This represents an increase of 36.1% from the same quarter a year earlier. Against the prior quarter it is up 48.2%.
SkyWater Technology, Inc. earned -$0.13 per diluted share (EPS) in Q2 2026. This represents an increase of 38.1% from the same quarter a year earlier. Against the prior quarter it is up 48.0%.
Cash & Balance Sheet
SkyWater Technology, Inc. recorded an outflow of $23.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 453.0% from the same quarter a year earlier. Against the prior quarter it is down 226.3%.
SkyWater Technology, Inc. held $12.6M in cash against $61.1M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
SkyWater Technology, Inc.'s gross margin was 22.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 4.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.5 percentage points.
SkyWater Technology, Inc.'s operating margin was 1.2% in Q2 2026, reflecting core business profitability. This is up 12.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.
SkyWater Technology, Inc.'s net profit margin was -4.1% in Q2 2026, showing the share of revenue converted to profit. This is up 12.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.6 percentage points.
SkyWater Technology, Inc.'s ROE was -3.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 18.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.2 percentage points.
Capital Allocation
SkyWater Technology, Inc. invested $5.7M in research and development in Q2 2026. This represents an increase of 67.9% from the same quarter a year earlier. Against the prior quarter it is up 13.2%.
SkyWater Technology, Inc. invested $9.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 258.7% from the same quarter a year earlier. Against the prior quarter it is up 4.5%.
Not reported for Q2 2026.
SKYT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $156.4M+164.8% | $160.7M+162.1% | $171.0M+126.6% | $150.7M+60.7% | $59.1M-36.7% | $61.3M-23.0% | $75.5M+5.4% | $93.8M+34.4% |
| Cost of Revenue | $121.2M+151.6% | $128.5M+173.2% | $145.5M+158.9% | $114.5M+55.6% | $48.2M-36.8% | $47.0M-29.4% | $56.2M-2.2% | $73.6M+38.5% |
| Gross Profit | $35.2M+223.1% | $32.2M+125.5% | $25.6M+32.4% | $36.2M+79.0% | $10.9M-36.3% | $14.3M+9.8% | $19.3M+36.4% | $20.2M+21.4% |
| R&D Expenses | $5.7M+67.9% | $5.0M+53.8% | $3.6M-13.8% | $4.4M+27.4% | $3.4M-0.4% | $3.2M-19.0% | $4.2M+88.8% | $3.4M+43.2% |
| SG&A Expenses | $27.6M+97.3% | $32.4M+115.8% | $21.8M+75.8% | $24.0M+98.4% | $14.0M+13.6% | $15.0M+34.6% | $12.4M-22.8% | $12.1M-32.1% |
| Operating Income | $1.9M+129.5% | -$5.3M-31.2% | $70K-97.4% | $7.9M+66.8% | -$6.5M-562.7% | -$4.0M-82.7% | $2.7M+163.3% | $4.7M+232.7% |
| EBITDA | $2.2M+134.9% | $8.9M+1747.2% | $30.4M+142.9% | $8.5M+79.0% | -$6.3M-224.1% | $483K-83.1% | $12.5M+395.3% | $4.8M+51.2% |
| Interest Expense | $7.0M+330.6% | $6.2M+239.9% | $4.9M+150.0% | $5.3M+167.7% | $1.6M-34.0% | $1.8M-24.2% | $2.0M-21.1% | $2.0M-32.6% |
| Income Tax | $22K-97.0% | -$284K-174.0% | $2.7M+1065.2% | -$31.8M-34325.8% | $742K+684.3% | $384K+836.6% | $233K+342.7% | $93K+272.0% |
| Net Income | -$6.4M+36.1% | -$12.3M-67.6% | -$7.8M-1045.8% | $144.0M+9424.7% | -$10.0M-426.0% | -$7.3M-28.2% | -$679K+91.0% | $1.5M+117.6% |
| EPS (Basic) | -$0.13+38.1% | -$0.25-66.7% | -$0.17-1600.0% | $2.98+9833.3% | -$0.21-425.0% | -$0.15-25.0% | -$0.01+93.8% | $0.03+115.8% |
| EPS (Diluted) | -$0.13+38.1% | -$0.25-66.7% | -$0.18 | $2.95+9733.3% | -$0.21-425.0% | -$0.15-25.0% | -$0.01+93.8% | $0.03+115.8% |
| Diluted Shares (Avg) | 49M+2.4% | 49M+2.1% | N/A | 49M+2.4% | 48M+1.5% | 48M+1.5% | N/A | 48M+6.5% |
SKYT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $722.5M+115.9% | $732.9M+124.3% | $733.9M+135.4% | $787.0M+149.8% | $334.7M+15.2% | $326.8M+4.6% | $311.8M+4.0% | $315.1M+5.5% |
| Current Assets | $179.7M+15.2% | $182.1M+21.1% | $193.2M+48.5% | $238.6M+70.5% | $155.9M+29.2% | $150.4M+5.2% | $130.1M+4.9% | $140.0M+18.2% |
| Cash & Equivalents | $12.6M-74.5% | $22.2M-56.6% | $23.2M+23.2% | $30.9M+49.4% | $49.4M+168.9% | $51.2M+156.1% | $18.8M+8.6% | $20.7M+27.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $26.2M+96.0% | $25.6M+79.8% | $24.6M+69.2% | $20.3M+40.7% | $13.4M-8.4% | $14.2M-8.6% | $14.5M-12.7% | $14.4M-10.0% |
| Accounts Receivable | $92.7M+189.7% | $89.2M+128.1% | $100.1M+91.1% | $85.1M+40.4% | $32.0M-38.7% | $39.1M-32.5% | $52.4M+20.4% | $60.6M-21.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $536.7M+89.8% | $545.0M+103.9% | $538.1M+115.0% | $587.3M+138.2% | $282.7M+21.0% | $267.3M+5.7% | $250.3M+7.9% | $246.5M+4.5% |
| Current Liabilities | $318.0M+115.5% | $354.1M+178.1% | $324.0M+110.0% | $355.9M+122.4% | $147.6M+10.2% | $127.3M-14.4% | $154.3M+20.6% | $160.0M+22.7% |
| Non-Current Liabilities | $218.6M+61.8% | $190.9M+36.4% | $214.1M+123.1% | $231.4M+167.6% | $135.1M+35.6% | $140.0M+34.5% | $96.0M-7.7% | $86.5M-18.0% |
| Long-Term Debt | $61.1M+72.9% | $32.3M-4.0% | $32.9M-5.1% | $34.3M-5.3% | $35.3M-5.6% | $33.7M-5.5% | $34.7M-8.0% | $36.2M+4.0% |
| Total Equity | $177.3M+292.0% | $180.2M+237.5% | $187.8M+237.5% | $192.8M+243.3% | $45.2M-12.1% | $53.4M+4.0% | $55.6M-11.5% | $56.2M-5.3% |
| Retained Earnings | -$33.7M+77.4% | -$27.4M+80.4% | -$15.1M+88.8% | -$7.3M+94.5% | -$149.3M-12.4% | -$139.3M-6.4% | -$134.0M-16.6% | -$131.3M-22.4% |
Not reported in any period shown, so not listed: Goodwill.
SKYT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$14.3M-760.3% | $27.9M-50.1% | -$36.1M-2720.4% | -$47.2M-429.7% | -$1.7M-117.8% | $56.0M+1526.3% | -$1.3M+65.0% | $14.3M+306.8% |
| Depreciation & Amortization | $296K+102.7% | $14.2M+215.2% | $14.1M+162.0% | $675K+1127.3% | $146K-96.1% | $4.5M-11.1% | $5.4M-19.7% | $55K-99.2% |
| Stock-Based Compensation | $3.1M+34.6% | $2.6M+38.9% | N/A | $2.7M+32.0% | $2.3M+13.2% | $1.9M-9.3% | N/A | $2.0M+2.6% |
| Capital Expenditures | $9.5M+258.7% | $9.1M-38.7% | $6.1M+796.8% | $830K-84.0% | $2.6M+218.9% | $14.8M+1073.2% | $680K-45.9% | $5.2M+2029.6% |
| Free Cash Flow | -$23.8M-453.0% | $18.9M-54.2% | -$42.2M-2052.7% | -$48.0M-625.4% | -$4.3M-150.5% | $41.2M+894.8% | -$2.0M+60.1% | $9.1M+227.6% |
| Investing Cash Flow | -$13.7M-281.9% | -$10.1M+33.5% | -$6.1M-197.4% | -$88.2M-1384.4% | -$3.6M-212.7% | -$15.2M-633.5% | -$2.0M-62.9% | -$5.9M-3708.3% |
| Financing Cash Flow | $18.4M+441.8% | -$18.8M-123.9% | $34.5M+2223.9% | $116.9M+2031.3% | $3.4M+134.5% | -$8.4M-210.2% | $1.5M-75.6% | -$6.1M-164.3% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
SKYT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.5%+4.1pp | 20.0%-3.3pp | 14.9%-10.6pp | 24.0%+2.5pp | 18.4%+0.1pp | 23.3%+7.0pp | 25.6%+5.8pp | 21.6%-2.3pp |
| Operating Margin | 1.2%+12.2pp | -3.3%+3.3pp | 0.0%-3.5pp | 5.2%+0.2pp | -11.0%-12.5pp | -6.6%-3.8pp | 3.5%+9.4pp | 5.0%+10.1pp |
| Net Margin | -4.1%+12.8pp | -7.7%+4.3pp | -4.5%-3.6pp | 95.5%+93.9pp | -16.9%-14.9pp | -12.0%-4.8pp | -0.9%+9.7pp | 1.6%+13.9pp |
| Return on Equity | -3.6%+18.5pp | -6.8%+6.9pp | -4.1%-2.9pp | 74.7%+72.0pp | -22.1%-18.4pp | -13.8%-2.6pp | -1.2%+10.8pp | 2.7%+17.2pp |
| Return on Assets | -0.9%+2.1pp | -1.7%+0.6pp | -1.1%-0.8pp | 18.3%+17.8pp | -3.0%-2.3pp | -2.3%-0.4pp | -0.2%+2.3pp | 0.5%+3.4pp |
| Current Ratio | 0.57-0.5x | 0.51-0.7x | 0.60-0.2x | 0.67-0.2x | 1.06+0.2x | 1.18+0.2x | 0.84-0.1x | 0.870.0x |
| Debt-to-Equity | 0.34-0.4x | 0.18-0.5x | 0.18-0.4x | 0.18-0.5x | 0.78+0.1x | 0.63-0.1x | 0.620.0x | 0.64+0.1x |
| Asset Turnover | 0.220.0x | 0.220.0x | 0.230.0x | 0.19-0.1x | 0.18-0.1x | 0.19-0.1x | 0.240.0x | 0.30+0.1x |
| FCF Margin | -15.2%-7.9pp | 11.7%-55.5pp | -24.7%-22.1pp | -31.9%-41.6pp | -7.3%-16.4pp | 67.2%+73.7pp | -2.6%+4.3pp | 9.7%+20.0pp |
Note: The current ratio is below 1.0 (0.60), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| SkyWater Technology, Inc. SKYT | FY2025 | $442.1M | $118.9M | 26.9% | $1.6B | 40/100 |
| POET Technologies Inc. POET | FY2025 | $1.1M | -$63.0M | N/A | $939.7M | 19/100 |
| ChipMOS TECHNOLOGIES INC IMOS | FY2025 | $762.9M | $17.6M | 2.3% | $2.1B | 41/100 |
| CEVA Inc. CEVA | FY2025 | $109.6M | -$10.6M | -9.7% | $774.2M | 74/100 |
| SEALSQ Corp LAES | FY2025 | $18.3M | -$34.2M | N/A | $402.6M | 45/100 |
| NVE Corp NVEC | FY2026 | $26.3M | $15.2M | 57.7% | $479.5M | 82/100 |
Where SkyWater Technology, Inc. Ranks
Frequently Asked Questions
What is SkyWater Technology, Inc.'s annual revenue?
SkyWater Technology, Inc. (SKYT) reported $442.1M in total revenue for fiscal year 2025. This represents a 29.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is SkyWater Technology, Inc.'s revenue growing?
SkyWater Technology, Inc. (SKYT) revenue grew by 29.2% year-over-year, from $342.3M to $442.1M in fiscal year 2025.
Is SkyWater Technology, Inc. profitable?
Yes, SkyWater Technology, Inc. (SKYT) reported a net income of $118.9M in fiscal year 2025, with a net profit margin of 26.9%.
What is SkyWater Technology, Inc.'s EBITDA?
SkyWater Technology, Inc. (SKYT) had EBITDA of $33.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does SkyWater Technology, Inc. have?
As of fiscal year 2025, SkyWater Technology, Inc. (SKYT) had $23.2M in cash and equivalents against $32.9M in long-term debt.
What is SkyWater Technology, Inc.'s gross margin?
SkyWater Technology, Inc. (SKYT) had a gross margin of 19.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is SkyWater Technology, Inc.'s operating margin?
SkyWater Technology, Inc. (SKYT) had an operating margin of -0.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is SkyWater Technology, Inc.'s net profit margin?
SkyWater Technology, Inc. (SKYT) had a net profit margin of 26.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is SkyWater Technology, Inc.'s return on equity (ROE)?
SkyWater Technology, Inc. (SKYT) has a return on equity of 63.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is SkyWater Technology, Inc.'s free cash flow?
SkyWater Technology, Inc. (SKYT) recorded an outflow of $53.3M in free cash flow during fiscal year 2025. This represents a -606.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is SkyWater Technology, Inc.'s operating cash flow?
SkyWater Technology, Inc. (SKYT) recorded an outflow of $29.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are SkyWater Technology, Inc.'s total assets?
SkyWater Technology, Inc. (SKYT) had $733.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are SkyWater Technology, Inc.'s capital expenditures?
SkyWater Technology, Inc. (SKYT) invested $24.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does SkyWater Technology, Inc. spend on research and development?
SkyWater Technology, Inc. (SKYT) invested $14.6M in research and development during fiscal year 2025.
What is SkyWater Technology, Inc.'s current ratio?
SkyWater Technology, Inc. (SKYT) had a current ratio of 0.60 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is SkyWater Technology, Inc.'s debt-to-equity ratio?
SkyWater Technology, Inc. (SKYT) had a debt-to-equity ratio of 0.18 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is SkyWater Technology, Inc.'s return on assets (ROA)?
SkyWater Technology, Inc. (SKYT) had a return on assets of 16.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does SkyWater Technology, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, SkyWater Technology, Inc. (SKYT) held $23.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $29.0M over that year. Dividing the one by the other, the reported balance equals about 10 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is SkyWater Technology, Inc.'s Altman Z-Score?
SkyWater Technology, Inc. (SKYT) has an Altman Z-Score of 2.13, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is SkyWater Technology, Inc.'s Piotroski F-Score?
SkyWater Technology, Inc. (SKYT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SkyWater Technology, Inc.'s earnings high quality?
For every $1 of reported earnings, SkyWater Technology, Inc. (SKYT) used $0.24 of operating cash (-$29.0M OCF vs $118.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can SkyWater Technology, Inc. cover its interest payments?
SkyWater Technology, Inc. (SKYT) reported an operating loss of $2.6M against $13.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is SkyWater Technology, Inc.?
SkyWater Technology, Inc. (SKYT) scores 40 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.