Alaska Net Interest Income vs Depreciation And Amortization Analysis
ALK Stock | USD 43.28 0.20 0.46% |
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 Net Interest Income and its Depreciation And Amortization 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.
Net Interest Income vs Depreciation And Amortization
Net Interest Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Air Group Net Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alaska Air's Net Interest Income and Depreciation And Amortization is -0.48. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Depreciation And Amortization 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 Net Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Alaska Air Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Interest Income i.e., Alaska Air's Net Interest Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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
Click cells to compare fundamentals
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 |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Alaska Air Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Alaska Stock analysis
When running Alaska Air's price analysis, check to measure Alaska Air's 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 Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
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.