American Airlines Average Assets vs Earnings before Tax Analysis

AAL -- USA Stock  

USD 41.49  0.14  0.34%

American Airlines financial indicator trend analysis is way more than just evaluating American Airlines Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Airlines Group is a good investment. Please check the relationship between American Airlines Average Assets and its Earnings before Tax accounts. Check also Trending Equities.

Average Assets vs Earnings before Tax

Accounts Relationship

Average Assets vs Earnings before Tax

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of American Airlines Group Average Assets account and Earnings before Tax

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets, derived from Total Assets.

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

Did you try this?

Run Volatility Analysis Now
   

Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Volatility Analysis

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.