Sky Harbour Group Balance Sheet Health
Financial Health criteria checks 1/6
Sky Harbour Group has a total shareholder equity of $99.5M and total debt of $170.5M, which brings its debt-to-equity ratio to 171.3%. Its total assets and total liabilities are $456.8M and $357.3M respectively.
Key information
171.3%
Debt to equity ratio
US$170.49m
Debt
| Interest coverage ratio | n/a |
| Cash | US$23.00m |
| Equity | US$99.53m |
| Total liabilities | US$357.28m |
| Total assets | US$456.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKYH's short term assets ($105.1M) exceed its short term liabilities ($22.5M).
Long Term Liabilities: SKYH's short term assets ($105.1M) do not cover its long term liabilities ($334.8M).
Debt to Equity History and Analysis
Debt Level: SKYH's net debt to equity ratio (148.2%) is considered high.
Reducing Debt: Insufficient data to determine if SKYH's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SKYH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SKYH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.9% each year