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. See Sky Harbour Group Corp balance sheet quality to measure how much of total assets are equity-financed.
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. Check SKYH cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Liaoning Shidai Wanheng Co Ltd
SHG:600241
|
0.015x |
|
Lightbridge Corporation
F:N7ON
|
-0.022x |
|
ADD Industry Zhejiang Co Ltd
SHG:603089
|
0.012x |
|
Resolute Holdings Management, Inc.
NASDAQ:RHLD
|
1.433x |
|
Isabella Bank Corporation
NASDAQ:ISBA
|
0.016x |
|
BlackRock Municipal Income Quality Closed Fund
NYSE:BYM
|
-0.052x |
|
Daishin Securities Co Ltd Pref
KO:003545
|
-0.259x |
|
Sidetrade
PA:ALBFR
|
0.086x |
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. For the full company profile with market capitalisation and key ratios, see Sky Harbour Group Corp (SKYH) market capitalisation.
| 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.