Saker Aviation Services Inc
Saker Aviation Services, Inc. does not have significant operations. Previously, it served as the operator of the Downtown Manhattan (New York) Heliport. The company was formerly known as FirstFlight, Inc. and changed its name to Saker Aviation Services, Inc. in September 2009. Saker Aviation Services, Inc. is based in New York, New York.
Saker Aviation Services Inc (SKAS) - Net Assets
Latest net assets as of June 2025: $8.95 Million USD
Based on the latest financial reports, Saker Aviation Services Inc (SKAS) has net assets worth $8.95 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.34 Million) and total liabilities ($393.29K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.95 Million |
| % of Total Assets | 95.79% |
| Annual Growth Rate | 11.76% |
| 5-Year Change | 147.61% |
| 10-Year Change | 146.87% |
| Growth Volatility | 53.85 |
Saker Aviation Services Inc - Net Assets Trend (2000–2024)
This chart illustrates how Saker Aviation Services Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Saker Aviation Services Inc (2000–2024)
The table below shows the annual net assets of Saker Aviation Services Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.68 Million | +16.31% |
| 2023-12-31 | $8.32 Million | +43.86% |
| 2022-12-31 | $5.78 Million | +29.54% |
| 2021-12-31 | $4.46 Million | +14.23% |
| 2020-12-31 | $3.91 Million | -29.92% |
| 2019-12-31 | $5.58 Million | +4.30% |
| 2018-12-31 | $5.35 Million | +3.28% |
| 2017-12-31 | $5.18 Million | +7.09% |
| 2016-12-31 | $4.83 Million | +23.33% |
| 2015-12-31 | $3.92 Million | +22.86% |
| 2014-12-31 | $3.19 Million | +5.64% |
| 2013-12-31 | $3.02 Million | -37.22% |
| 2012-12-31 | $4.81 Million | +14.04% |
| 2011-12-31 | $4.22 Million | -23.31% |
| 2010-12-31 | $5.50 Million | +78.22% |
| 2009-12-31 | $3.09 Million | -5.13% |
| 2008-12-31 | $3.25 Million | -50.98% |
| 2007-12-31 | $6.64 Million | +10.14% |
| 2006-12-31 | $6.03 Million | +81.86% |
| 2005-12-31 | $3.31 Million | +721.58% |
| 2004-12-31 | $-533.00K | -194.00% |
| 2001-12-31 | $567.00K | -15.50% |
| 2000-12-31 | $671.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saker Aviation Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1035829100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $20.03 Million | 207.05% |
| Total Equity | $9.68 Million | 100.00% |
Saker Aviation Services Inc Competitors by Market Cap
The table below lists competitors of Saker Aviation Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sonoran Desert Copper Corporation.
V:SDCU
|
$3.58 Million |
|
POLLUX PROPERT.LTD.SD-15
F:7GP
|
$3.59 Million |
|
Terragen Holdings Ltd
AU:TGH
|
$3.59 Million |
|
Damai Sejahtera Abadi Tbk PT
JK:UFOE
|
$3.59 Million |
|
Trive Property Group Bhd
KLSE:0118
|
$3.58 Million |
|
CANEX Metals Inc
PINK:NOMNF
|
$3.58 Million |
|
Basel Medical Group Ltd Ordinary Shares
NASDAQ:BMGL
|
$3.58 Million |
|
Lyckegard Group AB
ST:LYGRD
|
$3.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saker Aviation Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,318,967 to 9,675,796, a change of 1,356,829 (16.3%).
- Net income of 1,254,824 contributed positively to equity growth.
- Other factors increased equity by 102,005.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.25 Million | +12.97% |
| Other Changes | $102.00K | +1.05% |
| Total Change | $- | 16.31% |
Book Value vs Market Value Analysis
This analysis compares Saker Aviation Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.73x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 77.72x to 0.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.09 | $7.10 | x |
| 2014-12-31 | $0.10 | $7.10 | x |
| 2015-12-31 | $0.12 | $7.10 | x |
| 2016-12-31 | $0.15 | $7.10 | x |
| 2017-12-31 | $4.84 | $7.10 | x |
| 2018-12-31 | $5.31 | $7.10 | x |
| 2019-12-31 | $5.47 | $7.10 | x |
| 2020-12-31 | $3.80 | $7.10 | x |
| 2021-12-31 | $4.58 | $7.10 | x |
| 2022-12-31 | $5.92 | $7.10 | x |
| 2023-12-31 | $8.44 | $7.10 | x |
| 2024-12-31 | $9.72 | $7.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saker Aviation Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.68%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.12x
- Recent ROE (12.97%) is above the historical average (6.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 2.79% | 0.39% | 3.27x | 2.17x | $-478.60K |
| 2010 | 40.75% | 12.19% | 1.28x | 2.61x | $1.11 Million |
| 2011 | 9.58% | 2.51% | 1.90x | 2.01x | $-17.80K |
| 2012 | 11.43% | 3.25% | 2.01x | 1.75x | $69.00K |
| 2013 | -60.37% | -12.35% | 2.00x | 2.44x | $-2.13 Million |
| 2014 | 4.19% | 0.73% | 2.73x | 2.10x | $-185.28K |
| 2015 | 17.74% | 4.35% | 2.56x | 1.59x | $303.26K |
| 2016 | 18.21% | 5.99% | 2.11x | 1.44x | $397.04K |
| 2017 | 9.23% | 3.97% | 1.83x | 1.27x | $-40.05K |
| 2018 | 5.83% | 2.80% | 1.75x | 1.19x | $-223.11K |
| 2019 | 11.97% | 5.77% | 1.59x | 1.30x | $110.01K |
| 2020 | -44.76% | -49.88% | 0.70x | 1.28x | $-2.14 Million |
| 2021 | 16.27% | 13.49% | 0.96x | 1.25x | $279.79K |
| 2022 | 21.56% | 16.41% | 1.10x | 1.20x | $668.37K |
| 2023 | 29.41% | 27.68% | 0.83x | 1.28x | $1.61 Million |
| 2024 | 12.97% | 13.68% | 0.84x | 1.12x | $287.24K |
Industry Comparison
This section compares Saker Aviation Services Inc's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $14,639,213,971
- Average return on equity (ROE) among peers: 6.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saker Aviation Services Inc (SKAS) | $8.95 Million | 2.79% | 0.04x | $3.58 Million |
| Auckland International Airport Limited (ACKDF) | $8.38 Billion | 0.52% | 0.29x | $8.10 Billion |
| Aeroports de Paris SA (AEOXF) | $5.80 Billion | 10.52% | 1.77x | $1.25 Billion |
| Airports of Thailand Public Company Limited (AIPUF) | $108.81 Billion | 17.21% | 0.47x | $8.18 Billion |
| Aena S.M.E. S.A (ANNSF) | $4.36 Billion | 19.12% | 2.90x | $45.35 Billion |
| AerSale Corp (ASLE) | $455.62 Million | 1.28% | 0.33x | $174.95 Million |
| Beijing Capital International Airport Company Limited (BJCHF) | $14.89 Billion | -11.40% | 1.19x | $604.88 Million |
| Blade Air Mobility Inc (BLDE) | $274.49 Million | -9.93% | 0.18x | $230.30 Million |
| Corporacion America Airports (CAAP) | $862.37 Million | 19.50% | 3.45x | $462.85 Million |
| CHRRD (CHRRD) | $1.28 Billion | 7.92% | 2.01x | $134.94K |
| Chorus Aviation Inc (CHRRF) | $1.28 Billion | 7.92% | 2.01x | $271.74 Million |