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SKAS (Saker Aviation Services) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)


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What is Saker Aviation Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saker Aviation Services's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Saker Aviation Services's Operating Income for the three months ended in Sep. 2024 was $ 0.80 Mil. Saker Aviation Services's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Saker Aviation Services has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Saker Aviation Services Interest Expense Historical Data

The historical data trend for Saker Aviation Services's Interest Expense 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.

Saker Aviation Services Interest Expense Chart

Saker Aviation Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 -0.03 - -

Saker Aviation Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Saker Aviation Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Saker Aviation Services  (OTCPK:SKAS) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Saker Aviation Services's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Saker Aviation Services's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Saker Aviation Services had no long-term debt (1).

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Saker Aviation Services Inc has no debt.


Saker Aviation Services Business Description

Traded in Other Exchanges
N/A
Address
20 South Street, Pier 6 East River, New York, NY, USA, 10004
Saker Aviation Services Inc operates in aviation services. It serves as the operator of a heliport, a fixed base operation (FBO), a provider of aircraft maintenance, repair, and overhaul services, and a consultant for a non-owned seaplane base. The company focuses on safety, outstanding customer service, and personalized solutions and it offers full-service FBOs that provide products and services for commercial airlines, private and business jets, military aircraft, and rotor aircraft. Geographically, business activities are carried out throughout the region of the United States.
Executives
Roy Moskowitz director 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004
Mark N Raab officer: Acting Principal Fin. Officer C/O TECHSYS INC, 147 COLUMBIA TURNPIKE SUITE 109, FLORHAM PARK NJ 07932
Samuel D. Goldstein director 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004
Marc Chodock director 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10010
Acm Value Opportunities Fund I Gp, Llc other: See Footnote (2) C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Arvice Capital Management, Llc other: See Footnote (2) 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acm Value Opportunities Fund I, Lp other: See Footnote (2) C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Ronald J Ricciardi director, officer: President and CEO 100 HANGAR ROAD, WILKES-BARRE/SCRANTON INTERNTL. AIRPORT, AVOCA PA 18641
Jeffrey B Mendell director JBM REALTY, 10 GLENVILLE STREET, GREENWICH CT 06831
Donald Hecht director 111 WEST 40TH ST, NEW YORK NY 10018
Alvin S Trenk director 44 ASPEN DRIVE, LIVINGSTON NJ 07039
William B Wachtel director, 10 percent owner 110 EAST 59TH ST, NEW YORK NY 10022
Gary E Hart officer: COO and Senior VP 236 SING SING ROAD, ELMIRA-CORNING REGIONAL AIRPORT, HORSEHEADS NY 14845
Stephen B Siegel director 200 PARK AVE, NEW YORK NY 10166
Thomas Iovino director C/O JUDLAW CONTRACTING, INC., 26-15 ULMER ST., COLLEGE POINT NY 11354