Is Sky Harbour Group Corp (SKYH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 47.1% / 30% | 9.0% / 30% | 0.0% / 30% | 220.54% / 5% | ✗ NOT HALAL |
| DJIM | 47.1% / 33% | 9.0% / 33% | 0.0% / 33% | 220.54% / 5% | ✗ NOT HALAL |
| MSCI | 58.0% / 33% | 11.0% / 33% | 0.0% / 33% | 220.54% / 5% | ✗ NOT HALAL |
| S&P | 47.1% / 33% | 9.0% / 33% | 0.0% / 33% | 220.54% / 5% | ✗ NOT HALAL |
| FTSE | 58.0% / 33% | 11.0% / 33% | 0.0% / 50% | 220.54% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -55.1% | |
| Operating Margin | -74.4% | |
| Net Margin | 68.3% | |
| Return on Equity (ROE) | 4.4% | |
| Return on Assets (ROA) | -3.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$88M |
| Total Debt | $323M |
| Debt-to-Equity | 217.2 |
| Current Ratio | 1.4 |
| Total Assets | $557M |
Price & Trading
| Last Close | $9.59 |
| 50-Day MA | $9.19 |
| 200-Day MA | $9.67 |
| Avg Volume | 123K |
| Beta | 1.5 |
|
52-Week Range
$8.22
| |
About Sky Harbour Group Corp (SKYH)
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company's home basing hangar campuses includes private and semi-private hangars, as well as a suite of services for home based and transient aircraft. The company is based in White Plains, New York.
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Frequently Asked Questions
Is Sky Harbour Group Corp (SKYH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sky Harbour Group Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Sky Harbour Group Corp's debt ratio?
Sky Harbour Group Corp's debt ratio is 47.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 58.0%.
What are Sky Harbour Group Corp's key financial metrics?
Sky Harbour Group Corp has a market capitalization of $708M, trailing P/E ratio of 103.3, and revenue of $15M. The company maintains a gross margin of -55.1% and a net margin of 68.3%. Return on equity stands at 4.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.