Skywest Stock Current Ratio
| SKYW Stock | USD 109.21 0.48 0.44% |
Fundamental analysis of SkyWest allows traders to better anticipate movements in SkyWest's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. SkyWest Company Current Ratio Analysis
SkyWest's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current SkyWest Current Ratio | 1.01 X |
Most of SkyWest's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SkyWest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, SkyWest has a Current Ratio of 1.01 times. This is 50.97% lower than that of the Passenger Airlines sector and 53.03% higher than that of the Industrials industry. The current ratio for all United States stocks is 53.24% higher than that of the company.
SkyWest Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SkyWest's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SkyWest could also be used in its relative valuation, which is a method of valuing SkyWest by comparing valuation metrics of similar companies.SkyWest is currently under evaluation in current ratio category among its peers.
SkyWest Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0514 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 6.26 B | ||||
| Shares Outstanding | 40.38 M | ||||
| Shares Owned By Insiders | 1.02 % | ||||
| Shares Owned By Institutions | 93.90 % | ||||
| Number Of Shares Shorted | 1.07 M | ||||
| Price To Earning | 7.02 X | ||||
| Price To Book | 1.71 X | ||||
| Price To Sales | 1.15 X | ||||
| Revenue | 3.53 B | ||||
| Gross Profit | 1.28 B | ||||
| EBITDA | 930.36 M | ||||
| Net Income | 322.96 M | ||||
| Cash And Equivalents | 974.68 M | ||||
| Cash Per Share | 19.27 X | ||||
| Total Debt | 2.76 B | ||||
| Debt To Equity | 1.49 % | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 63.97 X | ||||
| Cash Flow From Operations | 692.46 M | ||||
| Short Ratio | 3.37 X | ||||
| Earnings Per Share | 9.81 X | ||||
| Price To Earnings To Growth | 1.02 X | ||||
| Target Price | 131.6 | ||||
| Number Of Employees | 12.88 K | ||||
| Beta | 1.99 | ||||
| Market Capitalization | 4.43 B | ||||
| Total Asset | 7.14 B | ||||
| Retained Earnings | 2.59 B | ||||
| Working Capital | (312.52 M) | ||||
| Current Asset | 1.02 B | ||||
| Current Liabilities | 748.03 M | ||||
| Five Year Return | 0.77 % | ||||
| Net Asset | 7.14 B |
About SkyWest Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SkyWest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SkyWest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SkyWest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.