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Sky Harbour Group (Sky Harbour Group) Retained Earnings : $-38.30 Mil (As of Mar. 2024)


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What is Sky Harbour Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sky Harbour Group's retained earnings for the quarter that ended in Mar. 2024 was $-38.30 Mil.

Sky Harbour Group's quarterly retained earnings declined from Sep. 2023 ($-8.79 Mil) to Dec. 2023 ($-19.36 Mil) and declined from Dec. 2023 ($-19.36 Mil) to Mar. 2024 ($-38.30 Mil).

Sky Harbour Group's annual retained earnings declined from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($-3.18 Mil) and declined from Dec. 2022 ($-3.18 Mil) to Dec. 2023 ($-19.36 Mil).


Sky Harbour Group Retained Earnings Historical Data

The historical data trend for Sky Harbour Group's Retained Earnings 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 Retained Earnings Chart

Sky Harbour Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -21.39 - -3.18 -19.36

Sky Harbour Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.38 -8.60 -8.79 -19.36 -38.30

Sky Harbour Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Sky Harbour Group  (AMEX:SKYH) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Sky Harbour Group (Sky Harbour Group) Business Description

Traded in Other Exchanges
N/A
Address
136 Tower Road, Suite 205, Westchester County Airport, White Plains, NY, USA, 10604
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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