American Airlines Earnings before Tax vs Average Equity Analysis

AAL -- USA Stock  

USD 34.35  0.51  1.51%

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

Earnings before Tax vs Average Equity

Accounts Relationship

Earnings before Tax vs Average Equity

Significance: Strong Relationship

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

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Earnings before Tax

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

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.

Did you try this?

Run Insider Screener Now

   

Insider Screener

Find insiders across different sectors to evaluate their impact on performance
All  Next Launch Insider Screener

Build Efficient 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Search macroaxis.com