Skyway Aviation Handling Company Plc (NGX:SKYAVN)

NGX:SKYAVN Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5,496	4,203	2,193	950.49	4,015	1,834
Short-Term Investments	-	681.7	832.4	1,515	368.59	-
Cash & Short-Term Investments	5,496	4,885	3,026	2,465	4,384	1,834
Cash Growth	25.90%	61.44%	22.74%	-43.77%	138.97%	-17.20%
Accounts Receivable	16,066	8,097	5,511	3,669	2,136	1,359
Other Receivables	-	1,637	2,780	3,541	628.28	750.79
Receivables	16,066	10,477	8,813	7,413	2,867	2,176
Inventory	2,219	2,183	2,706	915.92	615.65	310.76
Prepaid Expenses	-	143.14	61.85	173.21	51.33	50.74
Other Current Assets	-	9,710	5,591	2,130	1,299	1,142
Total Current Assets	23,781	27,398	20,198	13,097	9,217	5,514
Property, Plant & Equipment	57,250	48,526	16,030	15,082	14,259	13,622
Goodwill	-	4,057	4,057	4,057	4,057	4,057
Other Intangible Assets	4,116	46.31	20.17	21.85	23.62	9.37
Long-Term Deferred Tax Assets	1,955	1,955	753.49	1,074	926.92	649.45
Other Long-Term Assets	691.78	709.85	720.81	733.63	734.53	755.86
Total Assets	87,794	82,692	41,780	34,066	29,219	24,608

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	8,657	344.76	1,405	1,207	1,251	841.37
Accrued Expenses	-	6,060	2,806	1,742	1,542	1,394
Current Portion of Long-Term Debt	1,404	1,404	699.4	124.4	204.99	79.17
Current Income Taxes Payable	4,167	2,559	866.48	582.79	210.39	564.5
Current Unearned Revenue	31.79	173.02	31.79	46.01	35.01	83.06
Other Current Liabilities	0	2,504	1,061	1,174	758.28	468.62
Total Current Liabilities	14,259	13,045	6,869	4,876	4,001	3,431
Long-Term Debt	2,568	2,446	2,043	3,372	3,430	136.7
Long-Term Unearned Revenue	24.49	43.25	7.95	13.48	8.75	29.21
Pension & Post-Retirement Benefits	5,574	4,949	3,594	3,024	2,240	1,669
Other Long-Term Liabilities	-	-	-	-0	0	-0
Total Liabilities	22,426	20,483	12,514	11,286	9,681	5,266

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	676.79	676.79	676.79	676.79	676.79	676.79
Additional Paid-In Capital	4,784	4,784	4,784	4,784	4,784	4,784
Retained Earnings	23,463	19,753	10,824	6,396	4,665	4,624
Comprehensive Income & Other	36,445	36,996	12,981	10,923	9,412	9,257
Shareholders' Equity	65,369	62,210	29,266	22,780	19,538	19,341
Total Liabilities & Equity	87,794	82,692	41,780	34,066	29,219	24,608

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3,972	3,850	2,742	3,497	3,635	215.87
Net Cash (Debt)	1,524	1,035	283.34	-1,031	748.29	1,619
Net Cash Growth	10.29%	265.13%	-	-	-53.77%	-16.07%
Net Cash Per Share	1.13	0.76	0.21	-0.76	0.55	1.20
Filing Date Shares Outstanding	1,353	1,354	1,354	1,354	1,354	1,354
Total Common Shares Outstanding	1,353	1,354	1,354	1,354	1,354	1,354
Working Capital	9,522	14,353	13,328	8,221	5,216	2,083
Book Value Per Share	48.31	45.96	21.62	16.83	14.43	14.29
Tangible Book Value	61,252	58,106	25,188	18,701	15,457	15,275
Tangible Book Value Per Share	45.27	42.93	18.61	13.82	11.42	11.28
Buildings	-	29,306	5,933	5,563	5,065	4,864
Machinery	-	35,238	23,671	20,772	18,321	15,893

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 5, 2026

Data Sources Report a data error