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Sky Harbour Group (Sky Harbour Group) EBIT : $-37.14 Mil (TTM As of Mar. 2024)


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What is Sky Harbour Group EBIT?

Sky Harbour Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-21.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-37.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sky Harbour Group's annualized ROC % for the quarter that ended in Mar. 2024 was -5.86%. Sky Harbour Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -24.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sky Harbour Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.65%.


Sky Harbour Group EBIT Historical Data

The historical data trend for Sky Harbour Group's EBIT 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 EBIT Chart

Sky Harbour Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-1.56 -2.14 -12.45 -13.68 -24.90

Sky Harbour Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT 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 -8.76 -1.55 -1.77 -12.82 -21.01

Competitive Comparison of Sky Harbour Group's EBIT

For the Aerospace & Defense subindustry, Sky Harbour Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Aerospace & Defense Industry

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

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



Sky Harbour Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.14 Mil.

* 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.


Sky Harbour Group  (AMEX:SKYH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sky Harbour Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-20.896 * ( 1 - 0% )/( (318.426 + 394.814)/ 2 )
=-20.896/356.62
=-5.86 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Sky Harbour Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-84.02/( ( (223.851 + max(86.134, 0)) + (277.02 + max(108.708, 0)) )/ 2 )
=-84.02/( ( 309.985 + 385.728 )/ 2 )
=-84.02/347.8565
=-24.15 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 100.222) - (11.65 + 0 + 2.438)
=86.134

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 119.666) - (10.029 + 0 + 0.929)
=108.708

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sky Harbour Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-37.144/558.598
=-6.65 %

* 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.


Sky Harbour Group EBIT Related Terms

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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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