Sky Harbour Financials

SKYH Stock  USD 9.13  0.05  0.55%   
Based on the analysis of Sky Harbour's profitability, liquidity, and operating efficiency, Sky Harbour Group is not in a good financial situation at this time. It has a very high probability of going through financial hardship in July. As of now, Sky Harbour's Other Current Assets are increasing as compared to previous years. The Sky Harbour's current Total Liabilities is estimated to increase to about 283.5 M, while Total Stockholder Equity is projected to decrease to under 38.1 M. Key indicators impacting Sky Harbour's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.658.742
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Sky Harbour includes many different criteria found on its balance sheet. An individual investor should monitor Sky Harbour's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sky Harbour.

Net Income

(15.37 Million)

  
Understanding current and past Sky Harbour Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sky Harbour's financial statements are interrelated, with each one affecting the others. For example, an increase in Sky Harbour's assets may result in an increase in income on the income statement.
The data published in Sky Harbour's official financial statements typically reflect Sky Harbour's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Sky Harbour's quantitative information. For example, before you start analyzing numbers published by Sky accountants, it’s essential to understand Sky Harbour's liquidity, profitability, and earnings quality within the context of the Independent Power and Renewable Electricity Producers space in which it operates.

Sky Harbour Stock Summary

Sky Harbour competes with Ducommun Incorporated, Innovative Solutions, National Presto, Astronics, and Hexcel. Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. The company was incorporated in 2017 and is based in White Plains, New York. Sky Harbour operates under Aerospace Defense classification in the United States and is traded on AMEX Exchange.
Specialization
Industrials, Aerospace & Defense
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS83085C1071
CUSIP98566K105 83085C107
LocationNebraska; U.S.A
Business AddressWestchester County Airport,
SectorIndependent Power and Renewable Electricity Producers
IndustryUtilities
BenchmarkNYSE Composite
Websiteskyharbour.group
Phone212 554 5990
CurrencyUSD - US Dollar

Sky Harbour Key Financial Ratios

Sky Harbour's financial ratios allow both analysts and investors to convert raw data from Sky Harbour's financial statements into concise, actionable information that can be used to evaluate the performance of Sky Harbour over time and compare it to other companies across industries.

Sky Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sky Harbour's current stock value. Our valuation model uses many indicators to compare Sky Harbour value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sky Harbour competition to find correlations between indicators driving Sky Harbour's intrinsic value. More Info.
Sky Harbour Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . As of now, Sky Harbour's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sky Harbour's earnings, one of the primary drivers of an investment's value.

Sky Harbour Group Systematic Risk

Sky Harbour's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sky Harbour volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Sky Harbour Group correlated with the market. If Beta is less than 0 Sky Harbour generally moves in the opposite direction as compared to the market. If Sky Harbour Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sky Harbour Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sky Harbour is generally in the same direction as the market. If Beta > 1 Sky Harbour moves generally in the same direction as, but more than the movement of the benchmark.

Sky Harbour Thematic Clasifications

Sky Harbour Group is part of Aircraft investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Aircraft industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
AircraftView
This theme covers USA Equities from Aircraft industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Sky Harbour Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sky Harbour's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sky Harbour growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0113

As of now, Sky Harbour's Price Earnings To Growth Ratio is increasing as compared to previous years.

Sky Harbour June 14, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sky Harbour help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sky Harbour Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sky Harbour Group based on widely used predictive technical indicators. In general, we focus on analyzing Sky Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sky Harbour's daily price indicators and compare them against related drivers.

Complementary 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.
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