2022 *2021202020192018
Statement of Net Position ($000)
Cash & Short-Term Investments49,19041,66335,06032,23129,789
Total Assets467,237368,506359,481364,830343,289
Total Debt70,65063,79965,84168,93062,144
Total Liabilities138,50995,36595,78297,45596,516
Unrestricted Fund Balance38,27325,88720,24720,25918,337
Total Fund Equity275,842251,162241,210240,590215,578
Statement of Revenues, Expenses and Changes in Net Position ($000)
Landing Fee Rev3,2632,5473,0023,9513,704
Terminal Lease Rev5,9284,7646,2205,7885,823
Total Operating Exp46,68842,28541,61943,38642,670
Net Operating Income-3,945-9,352-8,156-2,022-2,092
Revenue Over Expenses5,492-1,083-1,6741,123354
Liquidity
Days Cash on Hand641.6590.0482.5464.1471.0
Current Ratio5.394.644.443.774.12
Payment Period163.8162.3140.9152.7141.7
Capital
Average Age Net Fixed Assets (yrs)16.916.616.215.915.4
Long-Term Debt / Capitalization %21.621.423.224.324.3
Total Debt / Capitalization %22.6522.9124.3925.5326.86
Leverage
Current Debt Service Cov2.701.821.822.111.98
Cashflow / Total Debt %21.1013.1712.1615.6415.13
Financial Condition
EBIDA Margin %49.7044.9441.7542.6942.45
Operating Margin %-10.23-36.45-33.81-5.83-7.28
Profit Margin %8.61-3.36-5.824.201.01
Profile
Gates In Service1313131313
Air Operations101,31491,60581,216101,31798,070
* 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.