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Saker Aviation Services (Saker Aviation Services) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Saker Aviation Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saker Aviation Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.32 Mil. Saker Aviation Services's Total Assets for the quarter that ended in Dec. 2023 was $10.61 Mil. Therefore, Saker Aviation Services's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

The historical rank and industry rank for Saker Aviation Services's Equity-to-Asset or its related term are showing as below:

SKAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.78   Max: 0.84
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Saker Aviation Services was 0.84. The lowest was 0.48. And the median was 0.78.

SKAS's Equity-to-Asset is ranked better than
89.79% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs SKAS: 0.78

Saker Aviation Services Equity-to-Asset Historical Data

The historical data trend for Saker Aviation Services's Equity-to-Asset 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 Equity-to-Asset Chart

Saker Aviation Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.78 0.80 0.84 0.78

Saker Aviation Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.84 0.83 0.87 0.80 0.78

Competitive Comparison of Saker Aviation Services's Equity-to-Asset

For the Airports & Air Services subindustry, Saker Aviation Services's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saker Aviation Services's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Saker Aviation Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Saker Aviation Services's Equity-to-Asset falls into.



Saker Aviation Services Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Saker Aviation Services's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=8.319/10.611
=0.78

Saker Aviation Services's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=8.319/10.611
=0.78

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Saker Aviation Services Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Saker Aviation Services's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Saker Aviation Services (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 consultant for non-owned seaplane base. The company focuses on safety, outstanding customer service, and personalized solutions and it offers full-service FBOs 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

Saker Aviation Services (Saker Aviation Services) Headlines