Alaska Income Quality vs Pfcf Ratio Analysis
ALK Stock | USD 41.45 0.31 0.74% |
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 Income Quality and its Pfcf Ratio 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Income Quality vs Pfcf Ratio
Income Quality vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Air Group Income Quality account and Pfcf Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alaska Air's Income Quality and Pfcf Ratio is -0.07. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pfcf Ratio 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 Income Quality and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Alaska Air Group are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Income Quality i.e., Alaska Air's Income Quality and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Pfcf Ratio
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 closely tied 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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Additional Information and Resources on Investing in Alaska Stock
When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock: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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Passenger Airlines space 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.