American Airlines Average Assets vs Enterprise Value 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 Enterprise Value accounts. Check also Trending Equities.

Average Assets vs Enterprise Value

Accounts Relationship

Average Assets vs Enterprise Value

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 Enterprise Value

Correlation Coefficient

0.94
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.

Enterprise Value

Enterprise Value (or EV) is usually referred to as American Airlines theoretical takeover price. In the event of an acquisition, an acquirer would have to take on American Airlines Group debt, but would also pocket its cash. Enterprise Value is more accurate representation of American Airlines value then its market capitalization because it takes into account all of American Airlines Group existing debt. Enterprise value is a measure of the value of a business as a whole, calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

Did you try this?

Run Portfolio File Import Now
   

Portfolio File Import

Quickly import all of your third-party portfolios from your local drive in csv format
All  Next Launch Portfolio File Import

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 World Markets Correlation module to find global opportunities by holding instruments from different markets.