American Trade and Non Trade Receivables vs Total Debt Analysis
AAL Stock | USD 14.40 0.08 0.55% |
Trend analysis of American Airlines Group balance sheet accounts such as Short Long Term Debt Total of 42.7 B, Other Current Liabilities of 3.5 B or Total Current Liabilities of 23.2 B provides information on American Airlines' total assets, liabilities, and equity, which is the actual value of American Airlines to its prevalent stockholders. By breaking down trends over time using American Airlines balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About American Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of American Airlines at a specified time, usually calculated after every quarter, six months, or one year. American Airlines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of American Airlines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which American currently owns. An asset can also be divided into two categories, current and non-current.
American Airlines Balance Sheet Chart
American Airlines Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how American Airlines uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, American Airlines' Cash And Short Term Investments are quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 755.7 M this year, although the value of Other Current Liabilities will most likely fall to about 3.5 B. Add Fundamental
Total Assets
Total assets refers to the total amount of American Airlines assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in American Airlines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on American Airlines balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of American Airlines Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from American Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Airlines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Airlines Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, American Airlines' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.54 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1B | 7.2B | 7.8B | 8.5B | Cost Of Revenue | 29.9B | 39.9B | 41.0B | 43.0B |
American Airlines fundamental ratios Correlations
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American Airlines Account Relationship Matchups
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American Airlines fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 60.0B | 62.0B | 66.4B | 64.7B | 63.1B | 34.1B | |
Short Long Term Debt Total | 33.4B | 41.0B | 46.2B | 43.7B | 40.7B | 42.7B | |
Other Current Liab | 3.7B | 4.1B | 4.3B | 4.7B | 5.1B | 3.5B | |
Total Current Liabilities | 18.3B | 16.6B | 19.0B | 21.5B | 22.1B | 23.2B | |
Total Stockholder Equity | (118M) | (6.9B) | (7.3B) | (5.8B) | (5.2B) | (4.9B) | |
Property Plant And Equipment Net | 43.7B | 39.7B | 37.4B | 38.3B | 38.7B | 21.3B | |
Net Debt | 33.2B | 40.8B | 45.9B | 43.2B | 39.2B | 41.1B | |
Retained Earnings | 2.3B | (6.7B) | (8.6B) | (8.5B) | (7.7B) | (7.3B) | |
Cash | 280M | 245M | 273M | 440M | 1.5B | 1.6B | |
Non Current Assets Total | 51.8B | 50.9B | 49.1B | 49.4B | 49.5B | 26.9B | |
Non Currrent Assets Other | 1.0B | 1.7B | 1.9B | 9.0B | 1.6B | 2.6B | |
Cash And Short Term Investments | 3.8B | 6.9B | 12.4B | 9.0B | 8.5B | 8.9B | |
Net Receivables | 1.8B | 1.3B | 1.5B | 2.1B | 2.0B | 1.3B | |
Common Stock Shares Outstanding | 444.3M | 483.9M | 644.0M | 655.1M | 719.7M | 755.7M | |
Liabilities And Stockholders Equity | 60.0B | 62.0B | 66.4B | 64.7B | 63.1B | 34.1B | |
Non Current Liabilities Total | 41.8B | 52.3B | 54.8B | 49.0B | 46.2B | 23.1B | |
Inventory | 1.9B | 1.6B | 1.8B | 2.3B | 2.4B | 2.5B | |
Other Current Assets | 779M | 1.3B | 1.6B | 892M | 658M | 782.8M | |
Other Stockholder Equity | 3.9B | 6.9B | 7.2B | 7.3B | 7.4B | 5.5B | |
Total Liab | 60.1B | 68.9B | 73.8B | 70.5B | 68.3B | 71.7B | |
Total Current Assets | 8.2B | 11.1B | 17.3B | 15.3B | 13.6B | 7.3B | |
Accumulated Other Comprehensive Income | (6.3B) | (7.1B) | (5.9B) | (4.6B) | (4.9B) | (5.1B) | |
Short Term Debt | 4.6B | 4.4B | 4.0B | 4.7B | 4.9B | 5.2B | |
Accounts Payable | 2.1B | 1.2B | 1.8B | 2.1B | 2.4B | 1.4B | |
Current Deferred Revenue | 8.0B | 6.8B | 9.0B | 9.9B | 9.7B | 10.1B | |
Short Term Investments | 3.5B | 6.6B | 12.2B | 8.5B | 7B | 4.6B | |
Intangible Assets | 2.1B | 2.0B | 2.0B | 2.1B | 2.1B | 1.7B | |
Long Term Debt | 21.5B | 29.8B | 35.6B | 32.4B | 29.3B | 18.7B | |
Long Term Debt Total | 21.5B | 29.8B | 35.6B | 32.4B | 37.2B | 39.1B | |
Other Liab | 12.9B | 15.7B | 12.6B | 10.1B | 9.1B | 10.4B | |
Net Tangible Assets | (6.3B) | (13.0B) | (13.4B) | (5.8B) | (5.2B) | (5.5B) | |
Other Assets | 3.4B | 6.3B | 6.2B | 5.4B | 6.2B | 5.5B | |
Capital Lease Obligations | 9.1B | 8.4B | 8.1B | 8.0B | 7.8B | 6.8B | |
Net Invested Capital | 24.2B | 25.7B | 30.7B | 29.9B | 27.7B | 29.8B | |
Short Long Term Debt | 2.9B | 2.8B | 2.5B | 3.3B | 3.6B | 3.4B | |
Non Current Liabilities Other | 1.5B | 1.5B | 1.3B | 1.3B | 1.6B | 1.6B | |
Net Working Capital | (10.1B) | (5.5B) | (1.7B) | (6.2B) | (8.5B) | (8.9B) |
Pair Trading with American Airlines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Airlines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Airlines will appreciate offsetting losses from the drop in the long position's value.Moving against American Stock
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The ability to find closely correlated positions to American Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Airlines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Airlines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Airlines Group to buy it.
The correlation of American Airlines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Airlines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Airlines Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the American Airlines information on this page should be used as a complementary analysis to other American Airlines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running American Airlines' price analysis, check to measure American Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Airlines is operating at the current time. Most of American Airlines' value examination focuses on studying past and present price action to predict the probability of American Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Airlines' price. Additionally, you may evaluate how the addition of American Airlines to your portfolios can decrease your overall portfolio volatility.
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Is American Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Airlines. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Earnings Share 0.71 | Revenue Per Share 81.227 | Quarterly Revenue Growth 0.031 | Return On Assets 0.0351 |
The market value of American Airlines is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Airlines' value that differs from its market value or its book value, called intrinsic value, which is American Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Airlines' market value can be influenced by many factors that don't directly affect American Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.