American Financial Ratios

AAL Stock

USD 14.02 0.13 0.94%

Most indicators from American Airlines' fundamentals are interrelated and interconnected. However, analyzing fundamentals indicators one by one will only give a small insight into American Airlines current financial condition. On the other hand, looking into the entire matrix of fundamentals 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 American Airlines Valuation and American Airlines Correlation analysis.

At this time, American Airlines' Current Deferred Revenue is quite stable compared to the past year. Total Revenue is expected to rise to about 55.4 B this year, although the value of Capex To Revenue will most likely fall to (0.05).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.1B	7.2B	7.8B	8.5B
Cost Of Revenue	29.9B	39.9B	41.0B	43.0B

Total Operating Expenses Cost Of Revenue

American Airlines fundamentals Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Short Term Investments	Common Stock	Good Will
Total Assets		0.83	0.3	0.79	-0.06	0.96	0.84	0.02	-0.39	0.99	0.24	0.58	0.83	0.66	0.95	0.69	0.36	0.31	0.85	0.75	0.74	0.79	0.7	0.69	-0.62	0.64
Short Long Term Debt Total	0.83		0.06	0.93	-0.31	0.81	1.0	-0.12	-0.08	0.82	0.31	0.68	0.64	0.74	0.83	0.93	0.12	0.13	0.97	0.6	0.93	0.69	0.92	0.62	-0.6	0.53
Other Current Liab	0.3	0.06		0.22	0.04	0.14	0.06	-0.4	-0.02	0.22	0.23	0.45	0.37	0.25	0.26	0.07	0.65	0.53	0.19	0.55	0.0	0.12	-0.03	0.48	-0.15	0.51
Total Current Liabilities	0.79	0.93	0.22		-0.27	0.77	0.93	-0.19	0.03	0.78	0.35	0.69	0.76	0.77	0.75	0.96	0.2	0.19	0.96	0.61	0.91	0.76	0.93	0.57	-0.55	0.72
Total Stockholder Equity	-0.06	-0.31	0.04	-0.27		-0.01	-0.31	0.75	-0.03	0.0	-0.31	-0.36	0.08	0.14	-0.33	-0.33	0.14	0.34	-0.37	-0.27	-0.35	-0.02	-0.39	-0.31	-0.44	-0.28
Property Plant And Equipment Net	0.96	0.81	0.14	0.77	-0.01		0.83	0.21	-0.44	0.99	0.14	0.37	0.78	0.61	0.9	0.7	0.14	0.16	0.82	0.55	0.8	0.78	0.72	0.48	-0.58	0.58
Net Debt	0.84	1.0	0.06	0.93	-0.31	0.83		-0.11	-0.12	0.83	0.31	0.67	0.64	0.73	0.84	0.92	0.13	0.13	0.97	0.61	0.93	0.69	0.92	0.62	-0.59	0.54
Retained Earnings	0.02	-0.12	-0.4	-0.19	0.75	0.21	-0.11		-0.3	0.15	-0.4	-0.59	-0.04	-0.01	-0.17	-0.16	-0.37	-0.17	-0.23	-0.5	-0.06	0.09	-0.12	-0.5	-0.27	-0.34
Cash	-0.39	-0.08	-0.02	0.03	-0.03	-0.44	-0.12	-0.3		-0.42	-0.1	0.13	-0.1	0.04	-0.43	0.15	-0.02	0.02	-0.13	-0.13	-0.06	-0.06	-0.02	-0.15	-0.16	-0.24
Non Current Assets Total	0.99	0.82	0.22	0.78	0.0	0.99	0.83	0.15	-0.42		0.18	0.46	0.8	0.65	0.92	0.69	0.25	0.25	0.83	0.63	0.77	0.78	0.7	0.57	-0.62	0.61
Non Currrent Assets Other	0.24	0.31	0.23	0.35	-0.31	0.14	0.31	-0.4	-0.1	0.18		0.37	0.42	0.25	0.28	0.36	0.06	0.15	0.32	0.43	0.25	0.32	0.37	0.38	-0.02	0.22
Cash And Short Term Investments	0.58	0.68	0.45	0.69	-0.36	0.37	0.67	-0.59	0.13	0.46	0.37		0.51	0.59	0.62	0.61	0.62	0.37	0.73	0.88	0.45	0.41	0.59	0.93	-0.45	0.54
Net Receivables	0.83	0.64	0.37	0.76	0.08	0.78	0.64	-0.04	-0.1	0.8	0.42	0.51		0.66	0.71	0.67	0.37	0.4	0.69	0.7	0.59	0.88	0.64	0.55	-0.59	0.65
Common Stock Shares Outstanding	0.66	0.74	0.25	0.77	0.14	0.61	0.73	-0.01	0.04	0.65	0.25	0.59	0.66		0.53	0.71	0.25	0.67	0.71	0.5	0.64	0.59	0.65	0.49	-0.63	0.53
Non Current Liabilities Total	0.95	0.83	0.26	0.75	-0.33	0.9	0.84	-0.17	-0.43	0.92	0.28	0.62	0.71	0.53		0.67	0.31	0.19	0.86	0.78	0.74	0.69	0.71	0.74	-0.44	0.64
Inventory	0.69	0.93	0.07	0.96	-0.33	0.7	0.92	-0.16	0.15	0.69	0.36	0.61	0.67	0.71	0.67		0.02	0.05	0.92	0.5	0.93	0.75	0.96	0.46	-0.53	0.55
Other Current Assets	0.36	0.12	0.65	0.2	0.14	0.14	0.13	-0.37	-0.02	0.25	0.06	0.62	0.37	0.25	0.31	0.02		0.55	0.24	0.68	-0.1	0.03	-0.07	0.66	-0.44	0.37
Other Stockholder Equity	0.31	0.13	0.53	0.19	0.34	0.16	0.13	-0.17	0.02	0.25	0.15	0.37	0.4	0.67	0.19	0.05	0.55		0.16	0.43	-0.01	0.12	-0.06	0.39	-0.37	0.29
Total Liab	0.85	0.97	0.19	0.96	-0.37	0.82	0.97	-0.23	-0.13	0.83	0.32	0.73	0.69	0.71	0.86	0.92	0.24	0.16		0.67	0.92	0.68	0.91	0.66	-0.52	0.71
Total Current Assets	0.75	0.6	0.55	0.61	-0.27	0.55	0.61	-0.5	-0.13	0.63	0.43	0.88	0.7	0.5	0.78	0.5	0.68	0.43	0.67		0.38	0.56	0.49	0.97	-0.44	0.58
Short Term Debt	0.74	0.93	0.0	0.91	-0.35	0.8	0.93	-0.06	-0.06	0.77	0.25	0.45	0.59	0.64	0.74	0.93	-0.1	-0.01	0.92	0.38		0.69	0.91	0.36	-0.45	0.54
Accounts Payable	0.79	0.69	0.12	0.76	-0.02	0.78	0.69	0.09	-0.06	0.78	0.32	0.41	0.88	0.59	0.69	0.75	0.03	0.12	0.68	0.56	0.69		0.76	0.44	-0.49	0.52
Current Deferred Revenue	0.7	0.92	-0.03	0.93	-0.39	0.72	0.92	-0.12	-0.02	0.7	0.37	0.59	0.64	0.65	0.71	0.96	-0.07	-0.06	0.91	0.49	0.91	0.76		0.48	-0.39	0.58
Short Term Investments	0.69	0.62	0.48	0.57	-0.31	0.48	0.62	-0.5	-0.15	0.57	0.38	0.93	0.55	0.49	0.74	0.46	0.66	0.39	0.66	0.97	0.36	0.44	0.48		-0.41	0.51
Common Stock	-0.62	-0.6	-0.15	-0.55	-0.44	-0.58	-0.59	-0.27	-0.16	-0.62	-0.02	-0.45	-0.59	-0.63	-0.44	-0.53	-0.44	-0.37	-0.52	-0.44	-0.45	-0.49	-0.39	-0.41		-0.08
Good Will	0.64	0.53	0.51	0.72	-0.28	0.58	0.54	-0.34	-0.24	0.61	0.22	0.54	0.65	0.53	0.64	0.55	0.37	0.29	0.71	0.58	0.54	0.52	0.58	0.51	-0.08

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American Airlines Account Relationship Matchups

American Airlines fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0281	(0.14)	(0.03)	0.001962	0.013	0.0137
Asset Turnover	0.73	0.76	0.28	0.45	0.84	0.87
Net Debt	33.2B	40.8B	45.9B	43.2B	39.2B	41.1B
Total Current Liabilities	18.3B	16.6B	19.0B	21.5B	22.1B	23.2B
Non Current Liabilities Total	41.8B	52.3B	54.8B	49.0B	46.2B	23.1B
Total Assets	60.0B	62.0B	66.4B	64.7B	63.1B	34.1B
Total Current Assets	8.2B	11.1B	17.3B	15.3B	13.6B	7.3B
Total Cash From Operating Activities	3.8B	(6.5B)	704M	2.2B	3.8B	4.0B

Pair Trading with American Airlines

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 American Airlines 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 American Airlines will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to American Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Airlines 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 American Airlines - 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 American Airlines Group to buy it.

The correlation of American Airlines 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 American Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Airlines 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 American Airlines 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.

Pair Correlation Correlation Matching

When determining whether American Airlines is a strong investment it is important to analyze American Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Airlines' future performance. For an informed investment choice regarding American Stock, refer to the following important reports:

How To Invest In American

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Is American Stock a good investment?

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What is American Airlines' Net Worth?

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Check out American Airlines Valuation and American Airlines Correlation analysis.

Note that the American Airlines information on this page should be used as a complementary analysis to other American Airlines' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for American Stock analysis

When running American Airlines' price analysis, check to measure American Airlines' 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 American Airlines is operating at the current time. Most of American Airlines' value examination focuses on studying past and present price action to predict the probability of American Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Airlines' price. Additionally, you may evaluate how the addition of American Airlines to your portfolios can decrease your overall portfolio volatility.

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Is American Airlines' 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 American Airlines. If investors know American 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 American Airlines 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

(0.97)

Earnings Share

1.21

Revenue Per Share

80.764

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0396

The market value of American Airlines is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Airlines' value that differs from its market value or its book value, called intrinsic value, which is American Airlines' 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 American Airlines' market value can be influenced by many factors that don't directly affect American Airlines' 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 American Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Airlines' 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.

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American Financial Ratios

American Airlines fundamentals Correlations

American Airlines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Airlines fundamentals Accounts

Pair Trading with American Airlines

Complementary Tools for American Stock analysis

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Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Net Debt
Short Term Investments	+ 0.97	Total Current Assets

Common Stock	- 0.63	Common Stock Shares Outstanding
Common Stock	- 0.62	Non Current Assets Total
Common Stock	- 0.62	Total Assets
Common Stock	- 0.6	Short Long Term Debt Total
Common Stock	- 0.59	Net Receivables
Cash And Short Term Investments	- 0.59	Retained Earnings