SkyWest Other Current Liab vs Total Liab Analysis

SKYW Stock  USD 114.74  0.78  0.68%   
SkyWest financial indicator trend analysis is much more than just breaking down SkyWest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SkyWest is a good investment. Please check the relationship between SkyWest Other Current Liab and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.

Other Current Liab vs Total Liab

Other Current Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SkyWest Other Current Liab account and Total Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SkyWest's Other Current Liab and Total Liab is 0.11. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of SkyWest, assuming nothing else is changed. The correlation between historical values of SkyWest's Other Current Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of SkyWest are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Liab i.e., SkyWest's Other Current Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from SkyWest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SkyWest current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.At this time, SkyWest's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.26 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense123.1M127.1M130.9M137.5M
Depreciation And Amortization440.2M394.6M383.1M402.3M

SkyWest fundamental ratios Correlations

0.970.110.970.990.990.940.98-0.040.990.320.750.220.690.990.46-0.13-0.781.00.90.390.96-0.20.90.80.72
0.970.030.920.950.990.980.94-0.110.980.260.730.080.610.980.37-0.23-0.740.980.880.280.97-0.340.830.750.68
0.110.030.070.120.07-0.120.050.750.09-0.060.00.170.340.120.590.88-0.180.11-0.070.24-0.010.130.070.31-0.16
0.970.920.070.950.960.90.97-0.070.960.430.680.160.590.950.38-0.16-0.830.970.970.330.95-0.240.970.730.68
0.990.950.120.950.970.930.98-0.070.970.270.770.270.70.970.48-0.13-0.760.980.880.420.93-0.180.880.810.73
0.990.990.070.960.970.970.98-0.121.00.30.690.090.590.980.35-0.2-0.80.990.920.260.98-0.340.880.740.66
0.940.98-0.120.90.930.970.93-0.310.970.220.690.060.510.940.24-0.4-0.710.940.890.180.96-0.40.80.680.68
0.980.940.050.970.980.980.93-0.170.980.320.690.170.570.950.33-0.22-0.830.970.950.290.96-0.280.910.720.69
-0.04-0.110.75-0.07-0.07-0.12-0.31-0.17-0.130.120.060.10.4-0.020.570.910.0-0.03-0.240.43-0.150.37-0.020.23-0.13
0.990.980.090.960.971.00.970.98-0.130.290.680.090.590.980.35-0.2-0.80.980.920.240.97-0.350.870.740.65
0.320.26-0.060.430.270.30.220.320.120.290.3-0.060.090.310.04-0.03-0.370.350.480.210.450.040.470.20.42
0.750.730.00.680.770.690.690.690.060.680.30.490.660.740.65-0.1-0.450.740.610.760.690.120.660.870.93
0.220.080.170.160.270.090.060.170.10.09-0.060.490.570.20.650.180.110.190.060.790.00.730.190.480.5
0.690.610.340.590.70.590.510.570.40.590.090.660.570.710.830.29-0.330.690.380.770.50.440.550.80.54
0.990.980.120.950.970.980.940.95-0.020.980.310.740.20.710.47-0.12-0.761.00.880.390.95-0.20.860.810.7
0.460.370.590.380.480.350.240.330.570.350.040.650.650.830.470.52-0.210.450.170.850.260.490.380.830.49
-0.13-0.230.88-0.16-0.13-0.2-0.4-0.220.91-0.2-0.03-0.10.180.29-0.120.520.03-0.13-0.30.33-0.260.34-0.120.12-0.23
-0.78-0.74-0.18-0.83-0.76-0.8-0.71-0.830.0-0.8-0.37-0.450.11-0.33-0.76-0.210.03-0.79-0.83-0.11-0.80.46-0.79-0.54-0.47
1.00.980.110.970.980.990.940.97-0.030.980.350.740.190.691.00.45-0.13-0.790.910.380.96-0.210.90.80.7
0.90.88-0.070.970.880.920.890.95-0.240.920.480.610.060.380.880.17-0.3-0.830.910.170.94-0.380.950.580.66
0.390.280.240.330.420.260.180.290.430.240.210.760.790.770.390.850.33-0.110.380.170.210.690.350.730.68
0.960.97-0.010.950.930.980.960.96-0.150.970.450.690.00.50.950.26-0.26-0.80.960.940.21-0.390.880.680.69
-0.2-0.340.13-0.24-0.18-0.34-0.4-0.280.37-0.350.040.120.730.44-0.20.490.340.46-0.21-0.380.69-0.39-0.190.150.09
0.90.830.070.970.880.880.80.91-0.020.870.470.660.190.550.860.38-0.12-0.790.90.950.350.88-0.190.670.65
0.80.750.310.730.810.740.680.720.230.740.20.870.480.80.810.830.12-0.540.80.580.730.680.150.670.75
0.720.68-0.160.680.730.660.680.69-0.130.650.420.930.50.540.70.49-0.23-0.470.70.660.680.690.090.650.75
Click cells to compare fundamentals

SkyWest Account Relationship Matchups

SkyWest fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B6.9B7.1B7.4B7.0B7.4B
Short Long Term Debt Total3.0B3.5B3.3B3.5B3.1B3.2B
Other Current Liab560.6M152.1M198.7M219.8M294.8M149.2M
Total Current Liabilities924.7M941.7M1.2B1.2B1.3B1.3B
Total Stockholder Equity2.2B2.1B2.3B2.3B2.1B2.2B
Property Plant And Equipment Net5.4B5.6B5.7B5.7B5.6B5.8B
Net Debt2.9B3.3B3.1B3.4B2.9B3.1B
Retained Earnings2.1B2.1B2.2B2.2B2.3B2.4B
Cash87.2M215.7M258.4M103.0M148.3M161.3M
Non Current Assets Total5.9B5.9B6.1B6.0B5.9B6.2B
Non Currrent Assets Other(121.5M)260.4M320.2M342.9M324.7M340.9M
Cash And Short Term Investments520.2M825.9M860.4M1.0B835.2M437.8M
Net Receivables94.1M34.5M65.3M110.4M84.1M52.9M
Common Stock Shares Outstanding51.4M50.2M50.8M50.6M44.6M51.4M
Liabilities And Stockholders Equity6.7B6.9B7.1B7.4B7.0B7.4B
Non Current Liabilities Total3.6B3.8B3.7B3.9B3.7B3.8B
Inventory110.5M91.2M104.1M123.2M127.1M66.6M
Other Current Assets240.2M31.2M38.7M90.4M85.5M110.7M
Other Stockholder Equity(591.0M)(617.1M)(618.7M)(619.9M)(912.4M)(866.8M)
Total Liab4.5B4.7B4.9B5.1B4.9B5.2B
Property Plant And Equipment Gross5.7B5.6B8.2B8.4B8.8B9.2B
Total Current Assets760.3M982.8M1.1B1.4B1.1B715.2M
Accumulated Other Comprehensive Income(32K)(2.0B)0.0(3.8M)325K341.3K
Short Term Debt364.1M484.8M470.7M510.2M463.2M486.4M
Accounts Payable284.5M278.7M496.3M422.0M470.3M493.8M
Common Stock Total Equity686.8M704.7M722.3M734.4M844.6M491.0M
Short Term Investments433.0M610.2M602.0M944.2M686.9M418.2M
Common Stock686.8M704.7M722.3M734.4M754.4M432.4M
Other Assets191.1M574.4M683.7M340.2M391.2M410.8M
Long Term Debt2.6B2.8B2.7B2.9B2.6B1.8B
Property Plant Equipment5.4B5.4B5.4B5.5B6.4B6.7B
Other Liab669.2M1.0B946.4M864.0M993.6M1.0B
Current Deferred Revenue(284.5M)(278.7M)(496.3M)40.8M240.3M252.3M
Net Tangible Assets2.4B2.3B2.3B2.4B2.8B2.0B
Retained Earnings Total Equity2.1B2.1B2.2B2.2B2.6B1.7B
Long Term Debt Total2.6B2.8B2.7B2.9B3.4B2.4B
Deferred Long Term Liab623.6M625.9M663.2M687.1M618.4M542.3M
Non Current Liabilities Other45.6M173.0M946.4M952.6M341.3M246.1M

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