Sky Harbour Group Corp (SKYH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sky Harbour Group Corp (SKYH) has a cash flow conversion efficiency ratio of -0.012x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.16 Million) by net assets ($99.53 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. View SKYH stock price for real-time trading data and today's change.
Sky Harbour Group Corp - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Sky Harbour Group Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see Sky Harbour Group Corp (SKYH) total market value for the company's overall valuation and market capitalisation.
Sky Harbour Group Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sky Harbour Group Corp ranked by their cash flow conversion efficiency. Also see balance sheet size of Sky Harbour Group Corp for a full breakdown of the balance sheet.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Panama Petrochem Limited
NSE:PANAMAPET
|
0.041x |
|
Tanzanian Royalty Exploration Corp
NYSE MKT:TRX
|
0.039x |
|
Dinkelacker AG
STU:DWB
|
N/A |
|
Doubleview Gold Corp
V:DBG
|
0.003x |
|
Antipa Minerals Ltd
AU:AZY
|
-0.004x |
|
AVCON Information Tech
SHE:300074
|
0.014x |
|
FS Bancorp Inc
NASDAQ:FSBW
|
0.027x |
|
Duopharma Biotech Bhd
KLSE:7148
|
0.033x |
Annual Cash Flow Conversion Efficiency for Sky Harbour Group Corp (2019–2023)
The table below shows the annual cash flow conversion efficiency of Sky Harbour Group Corp from 2019 to 2023. Review Sky Harbour Group Corp (SKYH) flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $132.25 Million | $-7.74 Million | -0.058x | +79.07% |
| 2022-12-31 | $98.38 Million | $-27.49 Million | -0.279x | -1610.17% |
| 2021-12-31 | $120.27 Million | $-1.97 Million | -0.016x | -110.21% |
| 2020-12-31 | $-6.51 Million | $-1.04 Million | 0.160x | -54.12% |
| 2019-12-31 | $-3.97 Million | $-1.39 Million | 0.349x | -- |
About Sky Harbour Group Corp
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.