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) - Total Assets
Latest total assets as of June 2025: $9.34 Million USD
Based on the latest financial reports, Saker Aviation Services Inc (SKAS) holds total assets worth $9.34 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Saker Aviation Services Inc - Total Assets Trend (2000–2024)
This chart illustrates how Saker Aviation Services Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Saker Aviation Services Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Saker Aviation Services Inc's total assets of $9.34 Million consist of 99.1% current assets and 0.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 48.7% |
| Accounts Receivable | $316.03K | 2.9% |
| Inventory | $6.65K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Saker Aviation Services Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Saker Aviation Services Inc's current assets represent 99.1% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 48.7% of total assets in 2024, up from 0.1% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 2.9% of total assets.
Saker Aviation Services Inc Competitors by Total Assets
Key competitors of Saker Aviation Services Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Airport Co Ltd
SHE:000089
|
China | CN¥24.07 Billion |
|
Korea Air Svc
KO:005430
|
Korea | ₩532.02 Billion |
|
Aeroporto Guglielmo Marconi di Bologna S.p.A
F:169
|
Germany | €362.71 Million |
|
Guangzhou Baiyun International Airport Co Ltd
SHG:600004
|
China | CN¥27.88 Billion |
|
Shanghai International Airport Co Ltd
SHG:600009
|
China | CN¥69.68 Billion |
|
Xiamen International Airport Co Ltd
SHG:600897
|
China | CN¥6.07 Billion |
|
Skymark Airlines Inc.
F:7SA
|
Germany | €107.74 Billion |
|
Auckland International Airport Limited
PINK:ACKDF
|
USA | $14.06 Billion |
Saker Aviation Services Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Saker Aviation Services Inc generates 0.84x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Saker Aviation Services Inc generates $ 11.53 in net profit.
Saker Aviation Services Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 25.77 | 5.08 | 9.41 |
| Quick Ratio | 25.77 | 5.08 | 8.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $8.98 Million | $ 8.48 Million | $ 3.51 Million |
Saker Aviation Services Inc - Advanced Valuation Insights
This section examines the relationship between Saker Aviation Services Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.79 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | 2.6% |
| Total Assets | $10.88 Million |
| Market Capitalization | $3.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Saker Aviation Services Inc's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Saker Aviation Services Inc's assets grew by 2.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Saker Aviation Services Inc (2000–2024)
The table below shows the annual total assets of Saker Aviation Services Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.88 Million | +2.58% |
| 2023-12-31 | $10.61 Million | +53.49% |
| 2022-12-31 | $6.91 Million | +23.40% |
| 2021-12-31 | $5.60 Million | +12.15% |
| 2020-12-31 | $5.00 Million | -31.17% |
| 2019-12-31 | $7.26 Million | +14.45% |
| 2018-12-31 | $6.34 Million | -3.17% |
| 2017-12-31 | $6.55 Million | -6.00% |
| 2016-12-31 | $6.97 Million | +11.60% |
| 2015-12-31 | $6.24 Million | -6.90% |
| 2014-12-31 | $6.71 Million | -9.00% |
| 2013-12-31 | $7.37 Million | -12.64% |
| 2012-12-31 | $8.44 Million | -0.45% |
| 2011-12-31 | $8.47 Million | -10.30% |
| 2010-12-31 | $9.45 Million | +44.28% |
| 2009-12-31 | $6.55 Million | -36.59% |
| 2008-12-31 | $10.32 Million | -28.27% |
| 2007-12-31 | $14.39 Million | +9.21% |
| 2006-12-31 | $13.18 Million | +10.82% |
| 2005-12-31 | $11.89 Million | +25756.52% |
| 2004-12-31 | $46.00K | -95.87% |
| 2001-12-31 | $1.11 Million | +5.90% |
| 2000-12-31 | $1.05 Million | -- |