Sky Harbour Revenue vs. Cash Per Share
| SKYH Stock | USD 11.48 0.24 2.14% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 7.6 M | Current Value 8 M | Quarterly Volatility 657.7 M |
For Sky Harbour profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sky Harbour to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sky Harbour Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sky Harbour's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sky Harbour Group over time as well as its relative position and ranking within its peers.
Sky |
Is Independent Power and Renewable Electricity Producers space 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 (1.90) | Revenue Per Share 0.523 | Quarterly Revenue Growth 0.637 | Return On Assets (0.03) | Return On Equity (0.54) |
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.
Sky Harbour Group Cash Per Share vs. Revenue Fundamental Analysis
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. Sky Harbour Group is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in cash per share category among its peers . The ratio of Revenue to Cash Per Share for Sky Harbour Group is about 3,351,770 . As of now, Sky Harbour's Total Revenue 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 Revenue vs. Competition
Sky Harbour Group is currently regarded number one company in revenue category among its peers. Market size based on revenue of Utilities industry is at this time estimated at about 6.42 Billion. Sky Harbour adds roughly 7.58 Million in revenue claiming only tiny portion of Utilities industry.
Sky Cash Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Sky Harbour |
| = | 7.58 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Sky Harbour |
| = | 2.26 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Sky Cash Per Share Comparison
Sky Harbour is currently under evaluation in cash per share category among its peers.
Sky Harbour Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sky Harbour, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sky Harbour will eventually generate negative long term returns. The profitability progress is the general direction of Sky Harbour's change in net profit over the period of time. It can combine multiple indicators of Sky Harbour, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 312 K | 327.6 K | |
| Net Interest Income | -541 K | -568 K | |
| Operating Income | -17 M | -16.1 M | |
| Net Loss | -25.4 M | -24.2 M | |
| Income Before Tax | -25.4 M | -24.2 M | |
| Total Other Income Expense Net | -8.4 M | -8 M | |
| Net Loss | -16.2 M | -15.4 M | |
| Income Tax Expense | -9.3 M | -9.7 M | |
| Net Loss | -12.2 M | -12.9 M | |
| Change To Netincome | 3.4 M | 2.4 M | |
| Net Loss | (0.98) | (0.93) | |
| Income Quality | 0.48 | 0.48 | |
| Net Income Per E B T | 0.64 | 0.60 |
Sky Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sky Harbour. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sky Harbour position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sky Harbour's important profitability drivers and their relationship over time.
Use Sky Harbour in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sky Harbour position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sky Harbour will appreciate offsetting losses from the drop in the long position's value.Sky Harbour Pair Trading
Sky Harbour Group Pair Trading Analysis
The ability to find closely correlated positions to Sky Harbour could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sky Harbour when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sky Harbour - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sky Harbour Group to buy it.
The correlation of Sky Harbour is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sky Harbour moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sky Harbour Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sky Harbour can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sky Harbour position
In addition to having Sky Harbour in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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To fully project Sky Harbour's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sky Harbour Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Sky Harbour's income statement, its balance sheet, and the statement of cash flows.