Skywest (SKYW) Intangibles (2010 - 2018)
Skywest (SKYW) posted quarterly Intangibles of $1.2 million for Q3 2018, down 80.0% year-on-year from $6.1 million in Q3 2017, and down 50.0% on a QoQ basis from $2.4 million in Q2 2018.
Skywest (SKYW) Intangibles (2010 - 2018) Analysis & Trends
Skywest (SKYW) has reported Intangibles for 9 consecutive years, with $1.2 million the latest figure, recorded in Q3 2018.
- Quarterly Intangibles fell 80.0% year-over-year to $1.2 million in Q3 2018, while the trailing twelve-month figure through Sep 2018 was $1.2 million (down 80.0% YoY) and the FY2017 annual result came in at $4.9 million, down 40.65% from the prior year.
- Intangibles eased to $1.2 million in Q3 2018 per SKYW's latest filing, from $2.4 million in the prior quarter.
- Over the last five years, Intangibles for SKYW reached as high as $14.4 million in Q1 2014 and fell as low as $1.2 million in Q3 2018.
- A 5-year average of $8.9 million and a median of $9.4 million in 2016 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2014 — Intangibles declined 13.48% — and 2018, when it sank 80.0%.
- Year by year, Intangibles stood at $12.7 million in 2014, then dropped by 17.64% to $10.5 million in 2015, then retreated by 21.43% to $8.2 million in 2016, then sank by 40.65% to $4.9 million in 2017, then tumbled by 75.0% to $1.2 million in 2018.
- According to Business Quant data, Intangibles over the past three periods registered $1.2 million, $2.4 million, and $3.7 million for Q3 2018, Q2 2018, and Q1 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,290.13 Bn | 30,287.46 Bn | 1.28 Mn | 1.19 Bn |
| 2 | Ryanair Holdings | 61.29 Bn | 58.10 Bn | - | 166.61 Mn |
| 3 | Delta Air Lines | 56.42 Bn | 51.76 Bn | 19.07 Bn | 5.96 Bn |
| 4 | Southwest Airlines | 22.20 Bn | 18.40 Bn | 7.33 Bn | - |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.94 Bn | 8.12 Bn | - | 41.00 Mn |
| 6 | Copa Holdings | 5.66 Bn | 4.32 Bn | 713.71 Mn | 104.07 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | 801.00 Mn |
| 8 | Skywest | 4.23 Bn | 3.63 Bn | 1.01 Bn | - |
| 9 | Jetblue Airways | 2.03 Bn | 1.62 Bn | 1.87 Bn | 333.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 915.81 Mn | 651.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2018 | 1.22 Mn |
| Jun 30, 2018 | 2.45 Mn |
| Mar 31, 2018 | 3.67 Mn |
| Dec 31, 2017 | 4.90 Mn |
| Sep 30, 2017 | 6.12 Mn |
| Jun 30, 2017 | 7.12 Mn |
| Mar 31, 2017 | 7.69 Mn |
| Dec 31, 2016 | 8.25 Mn |
| Sep 30, 2016 | 8.81 Mn |
| Jun 30, 2016 | 9.37 Mn |
| Mar 31, 2016 | 9.94 Mn |
| Dec 31, 2015 | 10.50 Mn |
| Sep 30, 2015 | 11.06 Mn |
| Jun 30, 2015 | 11.62 Mn |
| Mar 31, 2015 | 12.19 Mn |
| Dec 31, 2014 | 12.75 Mn |
| Sep 30, 2014 | 13.31 Mn |
| Jun 30, 2014 | 13.87 Mn |
| Mar 31, 2014 | 14.44 Mn |
| Dec 31, 2013 | 15.00 Mn |