Skywater Technology Inc (SKYT) - Net Assets
Based on the latest financial reports, Skywater Technology Inc (SKYT) has net assets worth $195.82 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($733.78 Million) and total liabilities ($537.96 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SKYT financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $195.82 Million |
| % of Total Assets | 26.69% |
| Annual Growth Rate | 26.11% |
| 5-Year Change | 226.76% |
| 10-Year Change | N/A |
| Growth Volatility | 96.27 |
Skywater Technology Inc - Net Assets Trend (2018–2025)
This chart illustrates how Skywater Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore SKYT total asset value for the complete picture of this company's asset base.
Annual Net Assets for Skywater Technology Inc (2018–2025)
The table below shows the annual net assets of Skywater Technology Inc from 2018 to 2025. For live valuation and market cap data, see SKYT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $195.82 Million | +208.42% |
| 2024-12-31 | $63.49 Million | +4.59% |
| 2023-12-31 | $60.70 Million | +12.46% |
| 2022-12-31 | $53.98 Million | -9.93% |
| 2021-12-31 | $59.93 Million | +3883.27% |
| 2020-12-31 | $-1.58 Million | -106.55% |
| 2019-12-31 | $24.17 Million | -37.39% |
| 2018-12-31 | $38.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skywater Technology Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 143.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $489.00K | 0.26% |
| Other Components | $202.39 Million | 107.75% |
| Total Equity | $187.82 Million | 100.00% |
Skywater Technology Inc Competitors by Market Cap
The table below lists competitors of Skywater Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Click Technology Co Ltd
SHE:002782
|
$1.40 Billion |
|
CHINA EAST ED HLDGS LTD
F:ZX3
|
$1.40 Billion |
|
Jiangsu Dagang Co Ltd
SHE:002077
|
$1.40 Billion |
|
Innodata Inc
NASDAQ:INOD
|
$1.40 Billion |
|
Gosuncn Technology Group Co Ltd Class A
SHE:300098
|
$1.40 Billion |
|
Wuhan East Lake High Technology Group Co Ltd
SHG:600133
|
$1.40 Billion |
|
Jiangyin Jianghua Microelectronics Materials Co Ltd
SHG:603078
|
$1.40 Billion |
|
Woori Technology Inc
KQ:032820
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skywater Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 57,614,000 to 187,824,000, a change of 130,210,000 (226.0%).
- Net income of 118,915,000 contributed positively to equity growth.
- Other factors increased equity by 11,295,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $118.92 Million | +63.31% |
| Other Changes | $11.29 Million | +6.01% |
| Total Change | $- | 226.00% |
Book Value vs Market Value Analysis
This analysis compares Skywater Technology Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 32.37x to 8.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.99 | $31.99 | x |
| 2019-12-31 | $0.62 | $31.99 | x |
| 2020-12-31 | $0.00 | $31.99 | x |
| 2021-12-31 | $1.53 | $31.99 | x |
| 2022-12-31 | $1.31 | $31.99 | x |
| 2023-12-31 | $1.18 | $31.99 | x |
| 2024-12-31 | $1.22 | $31.99 | x |
| 2025-12-31 | $3.86 | $31.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skywater Technology Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 63.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.90%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 3.91x
- Recent ROE (63.31%) is above the historical average (-28.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -0.17% | -0.05% | 0.89x | 3.84x | $-3.92 Million |
| 2019 | -67.94% | -12.01% | 0.72x | 7.88x | $-18.84 Million |
| 2020 | 0.00% | -14.68% | 0.53x | 0.00x | $-20.62 Million |
| 2021 | -82.94% | -31.13% | 0.62x | 4.31x | $-56.81 Million |
| 2022 | -68.70% | -17.32% | 0.70x | 5.70x | $-42.24 Million |
| 2023 | -57.23% | -10.73% | 0.91x | 5.89x | $-36.13 Million |
| 2024 | -11.79% | -1.98% | 1.09x | 5.45x | $-12.55 Million |
| 2025 | 63.31% | 26.90% | 0.60x | 3.91x | $100.13 Million |
Industry Comparison
This section compares Skywater Technology Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $38,570,606,100
- Average return on equity (ROE) among peers: 1.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skywater Technology Inc (SKYT) | $195.82 Million | -0.17% | 2.75x | $1.40 Billion |
| Analog Devices Inc (ADI) | $36.47 Billion | 7.54% | 0.38x | $150.01 Billion |
| Arteris Inc (AIP) | $-1.19 Million | 0.00% | 0.00x | $637.45 Million |
| Astera Labs, Inc. (ALAB) | $964.80 Million | -8.65% | 0.09x | $22.04 Billion |
| Allegro Microsystems Inc (ALGM) | $966.82 Million | 19.38% | 0.22x | $6.86 Billion |
| Aeluma, Inc (ALMU) | $17.90 Million | -16.88% | 0.08x | $239.34 Million |
| Ambiq Micro, Inc. (AMBQ) | $92.30 Million | -27.32% | 0.08x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $783.40 Million | 18.55% | 0.65x | $385.82 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $94.80 Million | -0.57% | 0.69x | $752.06 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $4.05 Billion | 12.94% | 0.69x | $132.34 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $342.27 Billion | 9.69% | 1.17x | $51.18 Billion |
About Skywater Technology Inc
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that offers semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers for various microelectronics and related micro- and nanotechnology applications; and … Read more