Sky Harbour Group (Sky Harbour Group) Debt-to-Equity : 3.49 (As of Dec. 2023)

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What is Sky Harbour Group Debt-to-Equity?

Sky Harbour Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Sky Harbour Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $241.17 Mil. Sky Harbour Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $69.16 Mil. Sky Harbour Group's debt to equity for the quarter that ended in Dec. 2023 was 3.49.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sky Harbour Group's Debt-to-Equity or its related term are showing as below:

SKYH' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.42 Med: 5.85 Max: 13.17
Current: 3.49

During the past 5 years, the highest Debt-to-Equity Ratio of Sky Harbour Group was 13.17. The lowest was -7.42. And the median was 5.85.

SKYH's Debt-to-Equity is ranked worse than
94.96% of 258 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs SKYH: 3.49

Sky Harbour Group Debt-to-Equity Historical Data

The historical data trend for Sky Harbour Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sky Harbour Group Debt-to-Equity Chart

Sky Harbour Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-7.42

13.17

8.21

3.49

Sky Harbour Group Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										8.21	10.37	10.30	10.06	3.49

Competitive Comparison of Sky Harbour Group's Debt-to-Equity

For the Aerospace & Defense subindustry, Sky Harbour Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sky Harbour Group's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Sky Harbour Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sky Harbour Group's Debt-to-Equity falls into.

Sky Harbour Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sky Harbour Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	241.168)	/	69.155
	=	3.49

Sky Harbour Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	241.168)	/	69.155
	=	3.49

Sky Harbour Group (AMEX:SKYH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Sky Harbour Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sky Harbour Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sky Harbour Group (Sky Harbour Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sky Harbour Group Corp (AMEX:SKYH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

136 Tower Road, Suite 205, Westchester County Airport, White Plains, NY, USA, 10604

Website

https://www.skyharbour.group

Sky Harbour Group Corp is an aviation infrastructure company building nationwide network of Home-Basing solutions for business aircraft. The company develops, leases and manages business aviation hangars across the United States based on its proprietary targeting and acquisition model, targeting airfields with significant hangar supply and demand imbalances in the largest US markets. Its hangar campuses feature exclusive private hangars and a full suite of dedicated services specifically designed for home-based aircraft.

Executives

Alexander Buffett Rozek	director, 10 percent owner	292 NEWBURY ST #333, BOSTON MA 02115
Walter Jackson	director	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Alethia Nancoo	director	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Lysa Leiponis	director	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Robert S. Rivkin	director	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Nick Wellmon	director, 10 percent owner	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Tal Keinan	director, 10 percent owner, officer: Chief Executive Officer	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Michael Weber Schmitt	officer: Chief Accounting Officer	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Francisco Gonzalez	officer: Chief Financial Officer	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Alex Saltzman	officer: Chief Operating Officer	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Gerald Adler	officer: GC & Corporate Secretary	C/O SKY HARBOUR GROUP CORPORATION, 136 TOWER ROAD, HANGAR M, SUITE 205, WHITE PLAINS NY 10604
Boc Yellowstone Ii Llc	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Boc Yellowstone Llc	10 percent owner	1411 HARNEY STREET, SUITE 200, OMAHA NE 68102

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