Sky Harbour Group Balance Sheet Health
Financial Health criteria checks 3/6
Sky Harbour Group has a total shareholder equity of $88.0M and total debt of $172.9M, which brings its debt-to-equity ratio to 196.4%. Its total assets and total liabilities are $332.8M and $244.8M respectively.
Key information
196.4%
Debt to equity ratio
US$172.86m
Debt
Interest coverage ratio | n/a |
Cash | US$19.30m |
Equity | US$88.01m |
Total liabilities | US$244.76m |
Total assets | US$332.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKYH's short term assets ($120.9M) exceed its short term liabilities ($14.4M).
Long Term Liabilities: SKYH's short term assets ($120.9M) do not cover its long term liabilities ($230.4M).
Debt to Equity History and Analysis
Debt Level: SKYH's net debt to equity ratio (174.5%) 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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SKYH is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.