Delta Receivables Turnover vs Long Term Debt to Equity Analysis
DAL Stock | USD 52.60 0.15 0.28% |
Trend analysis of Delta Air Lines balance sheet accounts such as Other Current Liabilities of 15 B or Total Current Liabilities of 27.7 B provides information on Delta Air's total assets, liabilities, and equity, which is the actual value of Delta Air Lines to its prevalent stockholders. By breaking down trends over time using Delta Air balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Delta Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Delta Air Lines at a specified time, usually calculated after every quarter, six months, or one year. Delta Air Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Delta Air and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Delta currently owns. An asset can also be divided into two categories, current and non-current.
Delta Air Balance Sheet Chart
Delta Air Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Delta Air Lines uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Delta Air's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 25.8 B this year, although the value of Non Currrent Assets Other will most likely fall to about 744.8 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Delta Air assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Delta Air Lines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Delta Air balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Delta Air Lines are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Delta Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delta Air Lines 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Delta Air's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 6.96 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.03.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 1.0B | 834M | 1.0B | Depreciation And Amortization | 2.0B | 2.1B | 2.3B | 1.4B |
Delta Air fundamental ratios Correlations
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Delta Air Account Relationship Matchups
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Delta Air fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 64.5B | 72.1B | 72.5B | 72.3B | 73.6B | 77.3B | |
Short Long Term Debt Total | 17.3B | 35.5B | 34.6B | 30.6B | 27.3B | 28.6B | |
Other Current Liab | 10.6B | 8.9B | 11.5B | 14.3B | 14.3B | 15.0B | |
Total Current Liabilities | 20.2B | 15.9B | 21.0B | 25.9B | 26.4B | 27.7B | |
Total Stockholder Equity | 15.4B | 1.4B | 3.6B | 6.5B | 11.1B | 11.7B | |
Property Plant And Equipment Net | 36.9B | 32.3B | 35.9B | 40.1B | 42.5B | 44.6B | |
Net Debt | 14.4B | 27.2B | 26.7B | 27.3B | 24.5B | 25.8B | |
Retained Earnings | 12.5B | (428M) | (148M) | 1.2B | 5.7B | 5.9B | |
Cash | 2.9B | 8.3B | 7.9B | 3.3B | 2.7B | 2.3B | |
Non Current Assets Total | 56.3B | 54.6B | 56.5B | 59.3B | 63.4B | 66.5B | |
Non Currrent Assets Other | 4.4B | 2.9B | 1.8B | 907M | 784M | 744.8M | |
Cash And Short Term Investments | 2.9B | 14.1B | 11.3B | 6.5B | 3.9B | 3.1B | |
Net Receivables | 2.9B | 1.4B | 2.4B | 3.2B | 3.1B | 3.3B | |
Common Stock Shares Outstanding | 694M | 653M | 636M | 641M | 643M | 416.1M | |
Liabilities And Stockholders Equity | 64.5B | 72.1B | 72.5B | 72.3B | 73.6B | 77.3B | |
Non Current Liabilities Total | 28.9B | 54.8B | 47.9B | 39.9B | 36.1B | 20.9B | |
Inventory | 1.3B | 732M | 1.1B | 1.4B | 1.3B | 1.4B | |
Other Current Assets | 1.3B | 1.2B | 1.1B | 1.9B | 2.0B | 2.1B | |
Other Stockholder Equity | 11.0B | 10.8B | 10.9B | 11.1B | 11.3B | 7.7B | |
Total Liab | 49.1B | 70.7B | 68.8B | 65.8B | 62.5B | 65.7B | |
Property Plant And Equipment Gross | 36.9B | 32.3B | 35.9B | 40.1B | 64.2B | 67.4B | |
Total Current Assets | 8.2B | 17.4B | 15.9B | 13.0B | 10.3B | 6.2B | |
Accumulated Other Comprehensive Income | (8.0B) | (9.0B) | (7.1B) | (5.8B) | (5.8B) | (6.1B) | |
Short Term Debt | 3.1B | 2.4B | 2.5B | 3.1B | 3.7B | 3.9B | |
Intangible Assets | 5.2B | 6.0B | 6.0B | 6.0B | 6.0B | 3.1B | |
Accounts Payable | 3.3B | 2.8B | 4.2B | 5.1B | 4.4B | 2.4B | |
Short Term Investments | 12M | 5.8B | 3.4B | 3.3B | 1.1B | 953.5M | |
Common Stock | 15.4B | 1.4B | 3.6B | 652K | 749.8K | 712.3K | |
Other Liab | 14.8B | 21.6B | 15.7B | 12.2B | 14.1B | 15.8B | |
Other Assets | 4.3B | 5.0B | 3.1B | 1.2B | 1.4B | 2.6B | |
Long Term Debt | 8.9B | 27.4B | 25.1B | 20.7B | 17.1B | 12.9B | |
Treasury Stock | (198M) | (236M) | (259M) | (282M) | (360.0M) | (377.9M) | |
Property Plant Equipment | 35.9B | 32.3B | 35.9B | 40.1B | 46.2B | 24.5B | |
Current Deferred Revenue | 3.2B | 1.8B | 2.7B | 3.4B | 3.9B | 2.3B | |
Net Tangible Assets | 414M | (14.2B) | (12.1B) | (9.2B) | (8.2B) | (7.8B) | |
Retained Earnings Total Equity | 12.5B | (428M) | (148M) | 1.2B | 1.3B | 2.5B | |
Long Term Debt Total | 8.9B | 27.4B | 25.1B | 20.7B | 23.8B | 13.9B | |
Capital Surpluse | 11.1B | 11.3B | 11.4B | 11.5B | 10.4B | 9.9B |
Delta Air Investors Sentiment
The influence of Delta Air's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Delta. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Delta Air's public news can be used to forecast risks associated with an investment in Delta. The trend in average sentiment can be used to explain how an investor holding Delta can time the market purely based on public headlines and social activities around Delta Air Lines. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Delta Air's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Delta Air's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Delta Air's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Delta Air.
Delta Air Implied Volatility | 29.58 |
Delta Air's implied volatility exposes the market's sentiment of Delta Air Lines stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Delta Air's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Delta Air stock will not fluctuate a lot when Delta Air's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Delta Air in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Delta Air's short interest history, or implied volatility extrapolated from Delta Air options trading.
Pair Trading with Delta Air
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delta Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delta Air will appreciate offsetting losses from the drop in the long position's value.Moving together with Delta Stock
0.8 | UAL | United Airlines Holdings Financial Report 17th of July 2024 | PairCorr |
Moving against Delta Stock
0.92 | SRFM | Surf Air Mobility | PairCorr |
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0.8 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
0.68 | ODFL | Old Dominion Freight | PairCorr |
The ability to find closely correlated positions to Delta Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delta Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delta Air Lines to buy it.
The correlation of Delta Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delta Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Air Lines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delta Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Delta Air Lines information on this page should be used as a complementary analysis to other Delta Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Delta Stock analysis
When running Delta Air's price analysis, check to measure Delta 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 Delta Air is operating at the current time. Most of Delta Air's value examination focuses on studying past and present price action to predict the probability of Delta 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 Delta Air's price. Additionally, you may evaluate how the addition of Delta Air to your portfolios can decrease your overall portfolio volatility.
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Is Delta 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 Delta Air. If investors know Delta 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 Delta 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 1.436 | Dividend Share 0.4 | Earnings Share 7.8 | Revenue Per Share 92.354 | Quarterly Revenue Growth 0.078 |
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta 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 Delta Air's market value can be influenced by many factors that don't directly affect Delta 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 Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta 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.