2023 *2022202120202019
Statement of Net Position ($000)
Cash & Short-Term Investments63,68849,03041,19935,06032,231
Total Assets605,025460,508364,445359,481364,830
Total Debt94,87069,02662,66265,84168,930
Total Liabilities168,172130,86293,21695,78297,455
Unrestricted Fund Balance46,94438,28325,79220,24720,259
Total Fund Equity325,395274,639249,244241,210240,590
Statement of Revenues, Expenses and Changes in Net Position ($000)
Landing Fee Rev3,8953,3242,4983,0023,951
Terminal Lease Rev6,7525,9454,7006,2205,788
Total Operating Exp60,32246,31842,01241,61943,386
Net Operating Income-2,998-3,916-9,579-8,156-2,022
Revenue Over Expenses10,7155,455-1,066-1,6741,123
Liquidity
Days Cash on Hand645.3639.4587.7482.5464.1
Current Ratio6.075.404.644.443.77
Payment Period133.2163.6163.3140.9152.7
Capital
Average Age Net Fixed Assets (yrs)17.016.816.616.215.9
Long-Term Debt / Capitalization %25.821.421.723.224.3
Total Debt / Capitalization %28.5322.5323.1024.3925.53
Leverage
Current Debt Service Cov3.032.681.821.822.11
Cashflow / Total Debt %20.2821.2712.9512.1615.64
Financial Condition
EBIDA Margin %49.0649.6244.8341.6742.69
Operating Margin %-5.72-9.92-36.54-33.81-5.83
Profit Margin %15.768.48-3.40-5.824.20
Profile
Gates In Service1313131313
Air Operations136,473100,63292,05781,216101,317
* Median values are based upon the number of audits received at any given point in time. Therefore, the median values for the most recent year(s) are subject to frequent updating and may not yet accurately characterize the median values of a complete sample size.