American Airlines Invested Capital Average vs Average Assets Analysis

AAL -- USA Stock  

USD 41.35  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 Invested Capital Average and its Average Assets accounts. Check also Trending Equities.

Invested Capital Average vs Average Assets

Accounts Relationship

Invested Capital Average vs Average Assets

Significance: Almost Identical Trend

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

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital, and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital, and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

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.

Did you try this?

Run Money Managers Now
   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Money Managers

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.