Sky Harbour Group Stock Probability Of Bankruptcy
| SKYH-WT Stock | 2.30 0.01 0.44% |
Sky | Probability Of Bankruptcy |
Sky Harbour Group Company probability of financial unrest Analysis
Sky Harbour's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
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Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Sky Harbour Probability Of Bankruptcy | Over 67% |
Most of Sky Harbour's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sky Harbour Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Sky Harbour probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Sky Harbour odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Sky Harbour Group financial health.
Sky Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Sky Harbour is extremely important. It helps to project a fair market value of Sky Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Sky Harbour's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sky Harbour's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sky Harbour's interrelated accounts and indicators.
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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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Based on the latest financial disclosure, Sky Harbour Group has a Probability Of Bankruptcy of 67%. This is 57.35% higher than that of the Transportation Infrastructure sector and significantly higher than that of the Industrials industry. The probability of bankruptcy for all United States stocks is 68.21% lower than that of the firm.
Sky Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sky Harbour's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sky Harbour could also be used in its relative valuation, which is a method of valuing Sky Harbour by comparing valuation metrics of similar companies.Sky Harbour is currently under evaluation in probability of bankruptcy category among its peers.
Sky Fundamentals
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.0312 | ||||
| Operating Margin | (1.19) % | ||||
| Revenue | 12.36 M | ||||
| EBITDA | (17.16 M) | ||||
| Book Value Per Share | 1.68 X | ||||
| Number Of Employees | 35 | ||||
| Beta | 1.83 |
About Sky Harbour Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sky Harbour Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sky Harbour using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sky Harbour Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Sky Stock Analysis
When running Sky Harbour's price analysis, check to measure Sky Harbour's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sky Harbour is operating at the current time. Most of Sky Harbour's value examination focuses on studying past and present price action to predict the probability of Sky Harbour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Harbour's price. Additionally, you may evaluate how the addition of Sky Harbour to your portfolios can decrease your overall portfolio volatility.