Sky Short Term Investments vs Total Liab Analysis

SKYH Stock  USD 10.27  0.25  2.38%   
Sky Harbour financial indicator trend analysis is much more than just breaking down Sky Harbour Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sky Harbour Group is a good investment. Please check the relationship between Sky Harbour Short Term Investments and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sky Harbour Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Short Term Investments vs Total Liab

Short Term Investments vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sky Harbour Group Short Term Investments account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sky Harbour's Short Term Investments and Total Liab is 0.83. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Sky Harbour Group, assuming nothing else is changed. The correlation between historical values of Sky Harbour's Short Term Investments and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Sky Harbour Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Investments i.e., Sky Harbour's Short Term Investments and Total Liab go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

Short Term Investments is an item under the current assets section of Sky Harbour balance sheet. It contains any investments Sky Harbour Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Sky Harbour Group can easily liquidate in the marketplace.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Sky Harbour's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sky Harbour Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sky Harbour Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
As of now, Sky Harbour's Selling General Administrative is increasing as compared to previous years. The Sky Harbour's current Sales General And Administrative To Revenue is estimated to increase to 2.24, while Issuance Of Capital Stock is projected to decrease to under 49.9 M.

Sky Harbour fundamental ratios Correlations

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0.620.550.260.150.590.63-0.12-0.430.48-0.010.160.640.590.820.640.080.650.140.10.640.530.320.670.590.69
0.830.870.430.150.810.83-0.92-0.360.70.950.910.810.730.540.720.110.590.950.710.820.660.690.680.730.58
0.990.980.710.590.810.93-0.77-0.460.870.770.790.90.930.750.93-0.030.920.810.650.910.920.740.940.930.93
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0.950.930.350.640.810.90.99-0.79-0.610.70.70.770.860.90.880.160.730.810.621.00.730.650.840.860.75
0.930.90.710.590.730.930.88-0.6-0.480.780.680.690.860.821.0-0.10.930.720.660.870.950.620.991.00.94
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0.930.910.670.640.720.930.89-0.59-0.50.770.650.690.881.00.85-0.060.920.720.630.890.930.630.991.00.94
0.020.1-0.370.080.11-0.030.11-0.14-0.31-0.170.10.390.16-0.10.01-0.06-0.210.27-0.570.14-0.330.56-0.07-0.1-0.14
0.880.850.860.650.590.920.76-0.5-0.40.810.550.570.730.930.690.92-0.210.580.560.750.980.610.960.931.0
0.830.870.440.140.950.810.82-0.94-0.50.620.960.990.810.720.50.720.270.580.60.820.630.820.680.730.59
0.670.630.470.10.710.650.64-0.68-0.210.60.680.460.620.660.520.63-0.570.560.60.630.720.120.580.660.52
0.960.940.390.640.820.910.99-0.79-0.60.720.710.781.00.870.890.890.140.750.820.630.750.660.850.870.77
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0.710.780.510.320.690.740.66-0.69-0.50.540.720.90.650.620.370.630.560.610.820.120.660.530.650.620.64
0.930.90.740.670.680.940.86-0.56-0.490.790.620.660.840.990.810.99-0.070.960.680.580.850.950.650.990.97
0.930.90.710.590.730.930.88-0.6-0.480.780.680.690.861.00.821.0-0.10.930.730.660.870.940.620.990.94
0.880.860.840.690.580.930.78-0.49-0.430.80.550.590.750.940.720.94-0.141.00.590.520.770.960.640.970.94
Click cells to compare fundamentals

Sky Harbour Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Sky Harbour Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sky Harbour's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sky Harbour Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sky Harbour Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sky Harbour Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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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Is Sky Harbour's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sky Harbour. If investors know Sky will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sky Harbour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.16)
Revenue Per Share
0.472
Quarterly Revenue Growth
1.172
Return On Assets
(0.03)
Return On Equity
(0.37)
The market value of Sky Harbour Group is measured differently than its book value, which is the value of Sky that is recorded on the company's balance sheet. Investors also form their own opinion of Sky Harbour's value that differs from its market value or its book value, called intrinsic value, which is Sky Harbour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sky Harbour's market value can be influenced by many factors that don't directly affect Sky Harbour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sky Harbour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sky Harbour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sky Harbour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.