SkyWest Accounts Payable vs Short Long Term Debt Total Analysis

SKYW Stock  USD 110.27  1.48  1.36%   
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 Accounts Payable and its Short Long Term Debt Total 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.

Accounts Payable vs Short Long Term Debt Total

Accounts Payable vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SkyWest Accounts Payable account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between SkyWest's Accounts Payable and Short Long Term Debt Total is 0.22. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of SkyWest, assuming nothing else is changed. The correlation between historical values of SkyWest's Accounts Payable and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of SkyWest are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Accounts Payable i.e., SkyWest's Accounts Payable and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents SkyWest obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SkyWest are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Long Term Debt Total

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.Selling General Administrative is likely to climb to about 1.8 B in 2025. Tax Provision is likely to climb to about 114.6 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense127.1M130.9M114.3M120.1M
Depreciation And Amortization394.6M383.1M383.9M403.1M

SkyWest fundamental ratios Correlations

0.560.350.940.990.990.660.96-0.060.990.370.890.40.620.980.65-0.18-0.791.00.90.390.94-0.230.880.810.72
0.56-0.270.290.470.560.970.350.010.56-0.060.36-0.130.550.70.21-0.03-0.20.60.30.370.38-0.160.220.610.59
0.35-0.270.460.390.32-0.290.410.50.330.230.250.360.240.260.620.54-0.520.320.350.080.36-0.030.460.26-0.13
0.940.290.460.950.940.420.98-0.10.930.510.890.450.430.860.63-0.24-0.860.930.970.280.97-0.280.980.680.63
0.990.470.390.950.970.580.98-0.090.970.350.90.460.590.940.66-0.2-0.80.970.910.380.94-0.220.90.770.7
0.990.560.320.940.970.670.96-0.131.00.350.840.290.520.970.55-0.25-0.810.990.910.260.96-0.360.870.750.66
0.660.97-0.290.420.580.670.49-0.210.67-0.020.46-0.070.50.770.18-0.24-0.30.690.440.270.51-0.270.340.570.63
0.960.350.410.980.980.960.49-0.190.960.410.880.430.430.890.57-0.29-0.860.940.960.250.97-0.320.930.680.65
-0.060.010.5-0.1-0.09-0.13-0.21-0.19-0.140.1-0.050.010.4-0.010.480.910.02-0.04-0.240.43-0.170.38-0.060.24-0.14
0.990.560.330.930.971.00.670.96-0.140.340.830.290.520.970.55-0.25-0.810.980.910.250.96-0.370.860.740.65
0.37-0.060.230.510.350.35-0.020.410.10.340.510.160.030.310.25-0.09-0.450.380.540.210.52-0.010.540.230.42
0.890.360.250.890.90.840.460.88-0.050.830.510.570.580.830.67-0.23-0.70.870.850.570.86-0.010.880.730.83
0.4-0.130.360.450.460.29-0.070.430.010.290.160.570.50.320.670.04-0.20.360.360.630.280.560.470.410.44
0.620.550.240.430.590.520.50.430.40.520.030.580.50.670.820.3-0.210.620.270.750.370.450.40.730.5
0.980.70.260.860.940.970.770.89-0.010.970.310.830.320.670.63-0.13-0.710.990.820.430.89-0.20.790.830.73
0.650.210.620.630.660.550.180.570.480.550.250.670.670.820.630.39-0.480.650.470.730.490.380.640.750.47
-0.18-0.030.54-0.24-0.2-0.25-0.24-0.290.91-0.25-0.09-0.230.040.3-0.130.390.12-0.17-0.360.33-0.330.36-0.210.09-0.24
-0.79-0.2-0.52-0.86-0.8-0.81-0.3-0.860.02-0.81-0.45-0.7-0.2-0.21-0.71-0.480.12-0.78-0.86-0.11-0.840.48-0.84-0.54-0.46
1.00.60.320.930.970.990.690.94-0.040.980.380.870.360.620.990.65-0.17-0.780.890.40.93-0.230.860.810.72
0.90.30.350.970.910.910.440.96-0.240.910.540.850.360.270.820.47-0.36-0.860.890.160.96-0.410.960.580.64
0.390.370.080.280.380.260.270.250.430.250.210.570.630.750.430.730.33-0.110.40.160.170.670.310.720.68
0.940.380.360.970.940.960.510.97-0.170.960.520.860.280.370.890.49-0.33-0.840.930.960.17-0.410.910.640.64
-0.23-0.16-0.03-0.28-0.22-0.36-0.27-0.320.38-0.37-0.01-0.010.560.45-0.20.380.360.48-0.23-0.410.67-0.41-0.240.120.07
0.880.220.460.980.90.870.340.93-0.060.860.540.880.470.40.790.64-0.21-0.840.860.960.310.91-0.240.640.6
0.810.610.260.680.770.750.570.680.240.740.230.730.410.730.830.750.09-0.540.810.580.720.640.120.640.73
0.720.59-0.130.630.70.660.630.65-0.140.650.420.830.440.50.730.47-0.24-0.460.720.640.680.640.070.60.73
Click cells to compare fundamentals

SkyWest Account Relationship Matchups

SkyWest fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.9B7.1B7.4B7.0B7.1B7.5B
Short Long Term Debt Total3.5B3.3B3.5B3.1B623.3M592.2M
Other Current Liab152.1M198.7M219.8M294.8M851.0M893.5M
Total Current Liabilities941.7M1.2B1.2B1.3B1.4B1.5B
Total Stockholder Equity2.1B2.3B2.3B2.1B2.4B2.5B
Property Plant And Equipment Net5.6B5.7B5.7B5.6B5.7B6.0B
Net Debt3.3B3.1B3.4B2.9B623.3M1.1B
Retained Earnings2.1B2.2B2.2B2.3B2.6B2.7B
Cash215.7M258.4M103.0M148.3M227.4M163.5M
Non Current Assets Total5.9B6.1B6.0B5.9B6.0B6.3B
Non Currrent Assets Other260.4M320.2M342.9M324.7M347.7M365.0M
Cash And Short Term Investments825.9M860.4M1.0B835.2M960.5M1.0B
Net Receivables34.5M65.3M110.4M84.1M122.8M128.9M
Common Stock Shares Outstanding50.2M50.8M50.6M44.6M41.5M51.2M
Liabilities And Stockholders Equity6.9B7.1B7.4B7.0B7.1B7.5B
Non Current Liabilities Total3.8B3.7B3.9B3.7B3.3B3.5B
Inventory91.2M104.1M123.2M127.1M139.0M146.0M
Other Current Assets31.2M38.7M90.4M85.5M53.7M51.0M
Other Stockholder Equity(617.1M)(618.7M)(619.9M)(912.4M)(962.7M)(914.5M)
Total Liab4.7B4.9B5.1B4.9B4.7B5.0B
Property Plant And Equipment Gross5.6B8.2B8.4B8.8B9.2B9.7B
Total Current Assets982.8M1.1B1.4B1.1B1.1B728.0M
Accumulated Other Comprehensive Income(2.0B)0.0(3.8M)325K168K176.4K
Short Term Debt484.8M470.7M510.2M463.2M556.1M583.9M
Accounts Payable278.7M496.3M422.0M470.3M527.4M553.7M
Common Stock Total Equity686.8M704.7M722.3M734.4M844.6M491.0M
Short Term Investments610.2M602.0M944.2M686.9M574.3M425.1M
Common Stock704.7M722.3M734.4M754.4M777.1M446.0M
Other Assets191.1M574.4M683.7M340.2M391.2M410.8M
Long Term Debt2.8B2.7B2.9B2.6B2.1B1.8B
Property Plant Equipment5.4B5.4B5.4B5.5B6.4B6.7B
Other Liab669.2M1.0B946.4M864.0M993.6M1.0B
Current Deferred Revenue(278.7M)(496.3M)40.8M240.3M216.3M227.1M
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 Other173.0M946.4M952.6M341.3M309.5M252.9M

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