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Saker Aviation Services Inc   (SKAS)
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Saker Aviation Services Inc 's Working Capital Ratio

SKAS's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 5.01 above Saker Aviation Services Inc average.

Within Special Transportation Services industry only one company has achieved higher Working Capital Ratio in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 585 to 874.

Explain Working Capital Ratio
How much in Current Assets SKAS´s has?
What is the value of SKAS´s Current Liabilities?


SKAS Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 18.99 % -1.47 % 4.38 % 50.18 % 231.18 %
Y / Y Current Assets Change 42.71 % 41.83 % 49.84 % 63.78 % 70.26 %
Working Capital Ratio MRQ 5.01 7.37 5.8 6.08 4.18
SKAS's Total Ranking # 874 # 585 # 748 # 769 # 1324
Seq. Current Liabilities Change 87.98 % -14.95 % 4.41 % -28.71 % 55.64 %
Seq. Current Assets Change 27.89 % 7.97 % -0.31 % 3.68 % 27.1 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Special Transportation Services Industry # 2
Transportation Sector # 2
Overall Market # 874


Working Capital Ratio Statistics
High Average Low
9.41 3.73 1.1
(Sep 30 2020)   (Dec 31 2013)




Financial Statements
Saker Aviation Services Inc 's Current Liabilities $ 2 Millions Visit SKAS's Balance sheet
Saker Aviation Services Inc 's Current Assets $ 9 Millions Visit SKAS's Balance sheet
Source of SKAS's Sales Visit SKAS's Sales by Geography


Cumulative Saker Aviation Services Inc 's Working Capital Ratio

SKAS's Working Capital Ratio for the trailling 12 Months

SKAS Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 18.99 % -1.47 % 4.38 % 50.18 % 231.18 %
Y / Y Current Assets TTM Growth 42.71 % 41.83 % 49.84 % 63.78 % 70.26 %
Working Capital Ratio TTM 5.88 5.66 5.2 4.78 4.59
Total Ranking TTM # 3798 # 3845 # 622 # 3867 # 966
Seq. Current Liabilities TTM Growth 87.98 % -14.95 % 4.41 % -28.71 % 55.64 %
Seq. Current Assets TTM Growth 27.89 % 7.97 % -0.31 % 3.68 % 27.1 %


On the trailing twelve months basis SKAS Current Assets soared by 42.71 % in III Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Saker Aviation Services Inc 's Working Capital Ratio to 5.88, above SKAS average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Special Transportation Services industry 8 other companies have achieved higher Working Capital Ratio than Saker Aviation Services Inc . While Working Capital Ratio overall ranking has improved so far to 3798, from total ranking during the twelve months ending second quarter 2023 at 3845.

Explain Working Capital Ratio
How much in Current Assets SKAS´s has?
What is the value of SKAS´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Special Transportation Services Industry # 9
Transportation Sector # 60
Within the Market # 3798


trailing twelve months Working Capital Ratio Statistics
High Average Low
6.57 3.86 1.16
(Dec 31 2020)   (Sep. 30, 2014)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Special Transportation Services Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Blade Air Mobility Inc   11.12 $ 208.737  Millions$ 18.768  Millions
Saker Aviation Services Inc   5.01 $ 9.457  Millions$ 1.887  Millions
Bristow Group Inc   2.88 $ 557.823  Millions$ 193.665  Millions
Blink Charging Co   2.42 $ 160.841  Millions$ 66.386  Millions
Chargepoint Holdings Inc   2.34 $ 824.447  Millions$ 352.647  Millions
Wheels Up Experience Inc   2.30 $ 409.768  Millions$ 177.806  Millions
Shorepower Technologies Inc   1.07 $ 0.434  Millions$ 0.403  Millions

Date modified: 2023-11-21T19:44:56+00:00



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