SkyWest Current Ratio from 2010 to 2024

SKYW Stock  USD 113.96  1.15  1.00%   
SkyWest Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.86 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.90241826
Current Value
0.86
Quarterly Volatility
0.55317777
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SkyWest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SkyWest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 402.3 M, Interest Expense of 137.5 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0058 or PTB Ratio of 1.32. SkyWest financial statements analysis is a perfect complement when working with SkyWest Valuation or Volatility modules.
  
Check out the analysis of SkyWest Correlation against competitors.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.

Latest SkyWest's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of SkyWest over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. SkyWest's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SkyWest's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.01 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

SkyWest Current Ratio Regression Statistics

Arithmetic Mean1.40
Geometric Mean1.31
Coefficient Of Variation39.42
Mean Deviation0.46
Median1.21
Standard Deviation0.55
Sample Variance0.31
Range1.6024
R-Value(0.87)
Mean Square Error0.08
R-Squared0.75
Significance0.000029
Slope(0.11)
Total Sum of Squares4.28

SkyWest Current Ratio History

2024 0.86
2023 0.9
2022 1.17
2021 0.89
2020 1.04
2019 0.82
2018 1.1

About SkyWest Financial Statements

SkyWest investors use historical fundamental indicators, such as SkyWest's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SkyWest. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.90  0.86 

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Additional Tools for SkyWest Stock Analysis

When running SkyWest's price analysis, check to measure SkyWest'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 SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.