Sky Intangible Assets vs Net Working Capital Analysis

SKYH Stock

USD 10.27 0.43 4.02%

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 Intangible Assets and its Net Working Capital 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Intangible Assets vs Net Working Capital

Intangible Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sky Harbour Group Intangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have weak relationship.

The correlation between Sky Harbour's Intangible Assets and Net Working Capital is 0.32. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Working Capital 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 Intangible Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Sky Harbour Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Intangible Assets i.e., Sky Harbour's Intangible Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Working Capital

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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

The Sky Harbour's current Selling General Administrative is estimated to increase to about 4.4 M, while Issuance Of Capital Stock is projected to decrease to under 52.7 M.

Sky Harbour fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Short Term Investments	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Cash	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Stockholder Equity	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.98	0.93	0.52	-0.31	0.41	0.99	0.54	-0.56	0.83	0.82	0.8	0.9	0.87	0.88	0.98	0.75	0.86	0.83	0.79	0.98	0.95	0.01	0.92	0.98	0.76
Total Current Liabilities	0.98		0.96	0.48	-0.28	0.53	0.95	0.54	-0.54	0.88	0.86	0.83	0.93	0.89	0.82	0.96	0.71	0.9	0.86	0.75	0.94	0.93	0.14	0.93	0.95	0.83
Total Stockholder Equity	0.93	0.96		0.31	-0.34	0.69	0.86	0.48	-0.62	0.8	0.92	0.78	0.92	0.81	0.69	0.93	0.68	0.88	0.78	0.77	0.86	0.95	0.33	0.88	0.94	0.83
Accounts Payable	0.52	0.48	0.31		0.01	-0.03	0.51	0.16	-0.43	0.49	-0.01	0.2	0.56	0.59	0.66	0.39	0.16	0.63	0.43	0.15	0.5	0.31	-0.03	0.6	0.36	0.6
Short Term Investments	-0.31	-0.28	-0.34	0.01		-0.13	-0.3	0.48	0.51	0.02	-0.27	-0.44	-0.23	-0.32	-0.24	-0.33	-0.29	-0.22	-0.41	-0.22	-0.34	-0.29	0.12	-0.28	-0.33	-0.18
Other Current Assets	0.41	0.53	0.69	-0.03	-0.13		0.27	0.25	-0.4	0.54	0.61	0.4	0.66	0.54	0.15	0.4	0.05	0.68	0.41	0.39	0.24	0.46	0.84	0.54	0.41	0.76
Total Liab	0.99	0.95	0.86	0.51	-0.3	0.27		0.55	-0.49	0.79	0.79	0.78	0.83	0.82	0.9	0.98	0.79	0.78	0.8	0.79	1.0	0.93	-0.14	0.88	0.97	0.65
Intangible Assets	0.54	0.54	0.48	0.16	0.48	0.25	0.55		-0.02	0.57	0.57	0.37	0.54	0.38	0.56	0.56	0.5	0.43	0.33	0.71	0.52	0.57	0.0	0.53	0.56	0.32
Common Stock	-0.56	-0.54	-0.62	-0.43	0.51	-0.4	-0.49	-0.02		-0.17	-0.37	-0.52	-0.63	-0.61	-0.5	-0.56	-0.38	-0.65	-0.59	-0.38	-0.55	-0.53	-0.21	-0.63	-0.55	-0.63
Property Plant Equipment	0.83	0.88	0.8	0.49	0.02	0.54	0.79	0.57	-0.17		0.72	0.58	0.83	0.77	0.67	0.77	0.46	0.83	0.64	0.6	0.74	0.76	0.28	0.8	0.77	0.79
Other Current Liab	0.82	0.86	0.92	-0.01	-0.27	0.61	0.79	0.57	-0.37	0.72		0.77	0.73	0.61	0.54	0.88	0.77	0.65	0.66	0.81	0.78	0.92	0.21	0.7	0.9	0.58
Cash	0.8	0.83	0.78	0.2	-0.44	0.4	0.78	0.37	-0.52	0.58	0.77		0.68	0.75	0.62	0.78	0.73	0.66	0.96	0.55	0.79	0.72	-0.07	0.76	0.78	0.58
Short Long Term Debt Total	0.9	0.93	0.92	0.56	-0.23	0.66	0.83	0.54	-0.63	0.83	0.73	0.68		0.92	0.83	0.85	0.49	0.98	0.76	0.75	0.82	0.84	0.34	0.98	0.85	0.92
Property Plant And Equipment Net	0.87	0.89	0.81	0.59	-0.32	0.54	0.82	0.38	-0.61	0.77	0.61	0.75	0.92		0.83	0.78	0.38	0.94	0.86	0.59	0.81	0.71	0.15	0.96	0.77	0.88
Net Debt	0.88	0.82	0.69	0.66	-0.24	0.15	0.9	0.56	-0.5	0.67	0.54	0.62	0.83	0.83		0.83	0.59	0.77	0.7	0.78	0.9	0.76	-0.23	0.89	0.82	0.61
Non Current Assets Total	0.98	0.96	0.93	0.39	-0.33	0.4	0.98	0.56	-0.56	0.77	0.88	0.78	0.85	0.78	0.83		0.83	0.79	0.77	0.84	0.98	0.99	-0.01	0.86	1.0	0.68
Non Currrent Assets Other	0.75	0.71	0.68	0.16	-0.29	0.05	0.79	0.5	-0.38	0.46	0.77	0.73	0.49	0.38	0.59	0.83		0.39	0.63	0.69	0.81	0.81	-0.29	0.53	0.83	0.26
Long Term Debt	0.86	0.9	0.88	0.63	-0.22	0.68	0.78	0.43	-0.65	0.83	0.65	0.66	0.98	0.94	0.77	0.79	0.39		0.77	0.62	0.77	0.76	0.4	0.96	0.78	0.98
Cash And Short Term Investments	0.83	0.86	0.78	0.43	-0.41	0.41	0.8	0.33	-0.59	0.64	0.66	0.96	0.76	0.86	0.7	0.77	0.63	0.77		0.49	0.8	0.68	-0.03	0.84	0.76	0.71
Common Stock Shares Outstanding	0.79	0.75	0.77	0.15	-0.22	0.39	0.79	0.71	-0.38	0.6	0.81	0.55	0.75	0.59	0.78	0.84	0.69	0.62	0.49		0.79	0.86	-0.01	0.74	0.85	0.47
Non Current Liabilities Total	0.98	0.94	0.86	0.5	-0.34	0.24	1.0	0.52	-0.55	0.74	0.78	0.79	0.82	0.81	0.9	0.98	0.81	0.77	0.8	0.79		0.93	-0.17	0.87	0.97	0.64
Capital Lease Obligations	0.95	0.93	0.95	0.31	-0.29	0.46	0.93	0.57	-0.53	0.76	0.92	0.72	0.84	0.71	0.76	0.99	0.81	0.76	0.68	0.86	0.93		0.1	0.82	0.99	0.67
Other Stockholder Equity	0.01	0.14	0.33	-0.03	0.12	0.84	-0.14	0.0	-0.21	0.28	0.21	-0.07	0.34	0.15	-0.23	-0.01	-0.29	0.4	-0.03	-0.01	-0.17	0.1		0.16	0.01	0.56
Net Invested Capital	0.92	0.93	0.88	0.6	-0.28	0.54	0.88	0.53	-0.63	0.8	0.7	0.76	0.98	0.96	0.89	0.86	0.53	0.96	0.84	0.74	0.87	0.82	0.16		0.86	0.87
Property Plant And Equipment Gross	0.98	0.95	0.94	0.36	-0.33	0.41	0.97	0.56	-0.55	0.77	0.9	0.78	0.85	0.77	0.82	1.0	0.83	0.78	0.76	0.85	0.97	0.99	0.01	0.86		0.67
Total Current Assets	0.76	0.83	0.83	0.6	-0.18	0.76	0.65	0.32	-0.63	0.79	0.58	0.58	0.92	0.88	0.61	0.68	0.26	0.98	0.71	0.47	0.64	0.67	0.56	0.87	0.67

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Sky Harbour Account Relationship Matchups

Sky Harbour fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	52.0M	139.1M	331.2M	402.2M	556.6M	584.4M
Total Current Liabilities	1.0M	11.0M	13.2M	18.8M	22.6M	23.7M
Total Stockholder Equity	(6.5M)	71.0M	26.3M	69.2M	104.1M	109.3M
Total Liab	58.5M	18.8M	232.8M	270.0M	396.7M	416.6M
Other Current Liab	886.5K	11.0M	(3.0M)	11.5M	21.6M	22.7M
Cash	(34.8M)	114.6K	2.2M	60.3M	42.4M	44.6M
Short Long Term Debt Total	57.5M	223.0M	215.7M	241.2M	323.0M	199.8M
Property Plant And Equipment Net	48.3M	96.8M	145.8M	223.9M	147.8M	125.2M
Net Debt	92.3M	885.4K	213.6M	180.9M	280.5M	146.1M
Non Current Assets Total	51.7M	96.8M	170.7M	237.7M	429.4M	450.9M
Non Currrent Assets Other	(135.3M)	(96.8M)	4.4M	13.8M	278.6M	292.5M
Long Term Debt	22.7M	160.7M	162.2M	171.7M	170.2M	127.7M
Cash And Short Term Investments	(34.8M)	6.8M	27.1M	72.1M	42.4M	44.6M
Common Stock Shares Outstanding	17.0M	15.0M	14.0M	16.5M	25.7M	18.6M
Liabilities And Stockholders Equity	52.0M	139.1M	331.2M	402.2M	556.6M	584.4M
Non Current Liabilities Total	57.5M	11.9M	219.6M	251.1M	374.1M	392.8M
Capital Lease Obligations	34.8M	61.3M	53.5M	69.4M	152.8M	160.4M
Other Stockholder Equity	(123.8M)	18.4B	29.6M	88.2M	168.6M	160.2M
Net Invested Capital	22.7M	121.3M	188.5M	240.9M	274.3M	157.1M
Property Plant And Equipment Gross	48.4M	97.4M	147.1M	227.8M	424.8M	446.1M
Total Current Assets	273.3K	207.1M	160.5M	164.5M	127.2M	121.1M
Net Working Capital	(767.1K)	132.2M	147.3M	158.3M	104.6M	98.9M

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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:

How To Invest In Sky

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Is Sky Stock a good investment?

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What is Sky Harbour's Net Worth?

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Largest Independent Power and Renewable Electricity Producers Companies

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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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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.

Quarterly Earnings Growth

1.982

Earnings Share

(1.15)

Revenue Per Share

0.689

Quarterly Revenue Growth

0.821

Return On Assets

(0.03)

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.

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Sky Intangible Assets vs Net Working Capital Analysis

Intangible Assets vs Net Working Capital

Intangible Assets vs Net Working Capital Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Working Capital

Sky Harbour fundamental ratios Correlations

Sky Harbour Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sky Harbour fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Liab
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Liab	+ 0.99	Total Assets
Capital Lease Obligations	+ 0.99	Non Current Assets Total
Property Plant And Equipment Gross	+ 0.99	Capital Lease Obligations
Total Current Liabilities	+ 0.98	Total Assets

Long Term Debt	- 0.65	Common Stock
Total Current Assets	- 0.63	Common Stock
Net Invested Capital	- 0.63	Common Stock
Short Long Term Debt Total	- 0.63	Common Stock
Common Stock	- 0.62	Total Stockholder Equity
Property Plant And Equipment Net	- 0.61	Common Stock