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Skywest Inc  (SKYW)
Other Ticker:  
 
    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation

Skywest Inc's Quick Ratio

SKYW's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 0.67 below Skywest Inc average.

Within Airline industry 3 other companies have achieved higher Quick Ratio than Skywest Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 858, from total ranking in the third quarter 2023 at 1665.

Explain Quick Ratio?
How much Cash & cash equivalents SKYW´s has?
What are SKYW´s Current Liabilities?


SKYW Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 6.97 % 3.95 % -2.71 % 0.86 % -1.85 %
Y / Y Cash & cash equivalent Change -20.24 % -18.39 % -11.52 % 9.27 % 21.71 %
Quick Ratio MRQ 0.67 0.68 0.74 0.81 0.89
SKYW's Total Ranking # 858 # 1665 # 1989 # 1928 # 357
Seq. Current Liabilities Change 4.03 % 3.4 % 1.21 % -1.74 % 1.09 %
Seq. Cash & cash equivalent Change 1.92 % -4.97 % -7.85 % -10.63 % 4.28 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Airline Industry # 4
Transportation Sector # 11
Overall Market # 858


Quick Ratio Statistics
High Average Low
1.23 0.82 0.56
(Sep 30 2012)   (Dec 31 2019)




Financial Statements
Skywest Inc's Current Liabilities $ 1,254 Millions Visit SKYW's Balance sheet
Skywest Inc's Cash & cash equivalent $ 835 Millions Visit SKYW's Balance sheet
Source of SKYW's Sales Visit SKYW's Sales by Geography


Cumulative Skywest Inc's Quick Ratio

SKYW's Quick Ratio for the trailling 12 Months

SKYW Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 6.97 % 3.95 % -2.71 % 0.86 % -1.85 %
Y / Y Cash & cash equivalent TTM Growth -20.24 % -18.39 % -11.52 % 9.27 % 21.71 %
Quick Ratio TTM 0.72 0.78 0.83 0.85 0.83
Total Ranking TTM # 1638 # 975 # 3938 # 1569 # 313
Seq. Current Liabilities TTM Growth 4.03 % 3.4 % 1.21 % -1.74 % 1.09 %
Seq. Cash & cash equivalent TTM Growth 1.92 % -4.97 % -7.85 % -10.63 % 4.28 %


On the trailing twelve months basis Due to rise in Current Liabilities in the IV Quarter 2023 to $1,254.29 millions, cumulative Quick Ratio decreased to 0.72 below the Skywest Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Airline industry 9 other companies have achieved higher Quick Ratio than Skywest Inc. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 975 to 1638.

Explain Quick Ratio?
How much Cash & cash equivalents SKYW´s has?
What are SKYW´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Airline Industry # 10
Transportation Sector # 37
Within the Market # 1638


trailing twelve months Quick Ratio Statistics
High Average Low
1.12 0.78 0.58
(Dec 31 2013)   (Mar 31 2020)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Airline Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Hawaiian Holdings inc  0.79 $ 908.497  Millions$ 1,145.401  Millions
Frontier Group Holdings Inc   0.72 $ 609.000  Millions$ 846.000  Millions
Skywest Inc  0.67 $ 835.223  Millions$ 1,254.292  Millions
Spirit Airlines Inc   0.58 $ 977.712  Millions$ 1,671.592  Millions
Sun Country Airlines Holdings Inc   0.45 $ 188.452  Millions$ 418.582  Millions
Jetblue Airways Corp  0.43 $ 1,567.000  Millions$ 3,628.000  Millions
American Airlines Group Inc   0.38 $ 8,488.000  Millions$ 22,062.000  Millions
Latam Airlines Group S a   0.31 $ 1,761.791  Millions$ 5,688.135  Millions
Delta Air Lines Inc   0.15 $ 3,868.000  Millions$ 26,418.000  Millions

Date modified: 2024-02-16T09:38:47+00:00



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