Alaska Days Payables Outstanding vs Dividend Yield Analysis
ALK Stock | USD 42.02 0.84 2.04% |
Alaska Air financial indicator trend analysis is way more than just evaluating Alaska Air Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alaska Air Group is a good investment. Please check the relationship between Alaska Air Days Payables Outstanding and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air 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 bureau of economic analysis.
Days Payables Outstanding vs Dividend Yield
Days Payables Outstanding vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Air Group Days Payables Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alaska Air's Days Payables Outstanding and Dividend Yield is -0.03. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Alaska Air Group, assuming nothing else is changed. The correlation between historical values of Alaska Air's Days Payables Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Alaska Air Group are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Payables Outstanding i.e., Alaska Air's Days Payables Outstanding and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Payables Outstanding
Dividend Yield
Dividend Yield is Alaska Air Group dividend as a percentage of Alaska Air stock price. Alaska Air Group dividend yield is a measure of Alaska Air stock productivity, which can be interpreted as interest rate earned on an Alaska Air investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Alaska Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alaska Air Group 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 Alaska Air 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 bureau of economic analysis. At this time, Alaska Air's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.30 this year, although Enterprise Value Multiple will most likely fall to 3.94.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 680M | 1.0B | 1.0B | 1.5B | Cost Of Revenue | 4.8B | 8.0B | 8.5B | 8.9B |
Alaska Air fundamental ratios Correlations
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Alaska Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alaska Air fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.0B | 14.0B | 14.0B | 14.3B | 15.8B | 16.6B | |
Short Long Term Debt Total | 3.2B | 5.1B | 4.1B | 3.9B | 3.8B | 4.0B | |
Other Current Liab | 1.7B | 1.7B | 1.1B | 1.5B | 1.4B | 1.5B | |
Total Current Liabilities | 3.2B | 4.3B | 4.0B | 4.5B | 4.5B | 4.7B | |
Total Stockholder Equity | 4.3B | 3.0B | 3.8B | 3.8B | 4.1B | 4.3B | |
Property Plant And Equipment Net | 8.6B | 7.6B | 7.6B | 8.8B | 9.6B | 10.1B | |
Net Debt | 3.0B | 3.7B | 3.6B | 3.5B | 4.1B | 4.3B | |
Retained Earnings | 5.1B | 3.8B | 4.2B | 4.3B | 4.5B | 4.8B | |
Cash | 221M | 1.4B | 470M | 338M | 281M | 280.5M | |
Non Current Assets Total | 11.0B | 10.0B | 10.0B | 11.2B | 13.1B | 13.8B | |
Non Currrent Assets Other | 278M | 379M | 396M | (243M) | 262M | 275.1M | |
Cash And Short Term Investments | 1.5B | 3.3B | 3.1B | 2.4B | 1.8B | 967.2M | |
Net Receivables | 323M | 480M | 546M | 296M | 383M | 402.2M | |
Common Stock Shares Outstanding | 124.3M | 123.5M | 126.8M | 127.9M | 128.7M | 118.0M | |
Liabilities And Stockholders Equity | 13.0B | 14.0B | 14.0B | 14.3B | 15.8B | 16.6B | |
Non Current Liabilities Total | 5.5B | 6.8B | 6.2B | 6.0B | 7.3B | 7.6B | |
Other Current Assets | 516M | 660M | 196M | 60M | 415M | 302.9M | |
Other Stockholder Equity | (338M) | (266M) | (180M) | (97M) | (124M) | (117.8M) | |
Total Liab | 8.7B | 11.0B | 10.2B | 10.5B | 11.7B | 12.3B | |
Property Plant And Equipment Gross | 1.3B | 7.6B | 10B | 11.4B | 13.1B | 13.7B | |
Total Current Assets | 2.0B | 4.0B | 3.9B | 3.0B | 2.7B | 1.4B | |
Accumulated Other Comprehensive Income | (465M) | (494M) | (262M) | (388M) | (299M) | (314.0M) | |
Short Term Debt | 504M | 1.4B | 634M | 523M | 511M | 536.6M | |
Intangible Assets | 122M | 107M | 2.0B | 2.0B | 2.0B | 2.1B | |
Accounts Payable | 146M | 108M | 200M | 221M | 207M | 113.9M | |
Current Deferred Revenue | 900M | 1.1B | 2.1B | 2.3B | 2.4B | 2.5B | |
Short Term Investments | 1.3B | 2.0B | 2.6B | 2.1B | 1.5B | 1.0B | |
Other Liab | 2.8B | 3.1B | 2.7B | 2.6B | 3.0B | 3.1B | |
Other Assets | 809M | 379M | 780M | 380M | 437M | 325.4M | |
Long Term Debt | 1.3B | 2.4B | 2.2B | 1.9B | 2.2B | 1.4B | |
Treasury Stock | (518M) | (568M) | (643M) | (674M) | (606.6M) | (576.3M) | |
Property Plant Equipment | 8.1B | 6.2B | 7.2B | 8.8B | 10.1B | 10.7B | |
Net Tangible Assets | 2.3B | 3.0B | 1.8B | 3.8B | 4.4B | 3.1B | |
Long Term Debt Total | 1.3B | 2.4B | 2.2B | 1.9B | 2.2B | 1.6B | |
Capital Surpluse | 305M | 391M | 494M | 577M | 519.3M | 338.2M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air 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 bureau of economic analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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Is Alaska Air's 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 Alaska Air. If investors know Alaska 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 Alaska Air 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 2.484 | Earnings Share 1.89 | Revenue Per Share 82.383 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0335 |
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's 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 Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's 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 Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's 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.