Alaska Historical Balance Sheet
ALK Stock | USD 41.76 0.17 0.41% |
Trend analysis of Alaska Air Group balance sheet accounts such as Short Long Term Debt Total of 4 B, Other Current Liabilities of 1.5 B or Total Current Liabilities of 4.7 B provides information on Alaska Air's total assets, liabilities, and equity, which is the actual value of Alaska Air Group to its prevalent stockholders. By breaking down trends over time using Alaska 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.
Financial Statement Analysis is much more than just reviewing and examining Alaska Air Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alaska Air Group is a good buy for the upcoming year.
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About Alaska Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Alaska Air Group at a specified time, usually calculated after every quarter, six months, or one year. Alaska Air Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alaska 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 Alaska currently owns. An asset can also be divided into two categories, current and non-current.
Alaska Air Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Alaska 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 Alaska Air Group 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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most accounts from Alaska Air's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Alaska Air Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Alaska Air's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 4.3 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 118 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.1B | 3.9B | 3.8B | 4.0B | Total Assets | 14.0B | 14.3B | 15.8B | 16.6B |
Alaska Air balance sheet Correlations
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Alaska Air Account Relationship Matchups
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Alaska Air balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.0B | 14.0B | 14.0B | 14.3B | 15.8B | 16.6B | |
Short Long Term Debt Total | 3.2B | 5.1B | 4.1B | 3.9B | 3.8B | 4.0B | |
Other Current Liab | 1.7B | 1.7B | 1.1B | 1.5B | 1.4B | 1.5B | |
Total Current Liabilities | 3.2B | 4.3B | 4.0B | 4.5B | 4.5B | 4.7B | |
Total Stockholder Equity | 4.3B | 3.0B | 3.8B | 3.8B | 4.1B | 4.3B | |
Property Plant And Equipment Net | 8.6B | 7.6B | 7.6B | 8.8B | 9.6B | 10.1B | |
Net Debt | 3.0B | 3.7B | 3.6B | 3.5B | 4.1B | 4.3B | |
Retained Earnings | 5.1B | 3.8B | 4.2B | 4.3B | 4.5B | 4.8B | |
Cash | 221M | 1.4B | 470M | 338M | 281M | 280.5M | |
Non Current Assets Total | 11.0B | 10.0B | 10.0B | 11.2B | 13.1B | 13.8B | |
Non Currrent Assets Other | 278M | 379M | 396M | (243M) | 262M | 275.1M | |
Cash And Short Term Investments | 1.5B | 3.3B | 3.1B | 2.4B | 1.8B | 967.2M | |
Net Receivables | 323M | 480M | 546M | 296M | 383M | 402.2M | |
Common Stock Shares Outstanding | 124.3M | 123.5M | 126.8M | 127.9M | 128.7M | 118.0M | |
Liabilities And Stockholders Equity | 13.0B | 14.0B | 14.0B | 14.3B | 15.8B | 16.6B | |
Non Current Liabilities Total | 5.5B | 6.8B | 6.2B | 6.0B | 7.3B | 7.6B | |
Other Current Assets | 516M | 660M | 196M | 60M | 415M | 302.9M | |
Other Stockholder Equity | (338M) | (266M) | (180M) | (97M) | (124M) | (117.8M) | |
Total Liab | 8.7B | 11.0B | 10.2B | 10.5B | 11.7B | 12.3B | |
Property Plant And Equipment Gross | 1.3B | 7.6B | 10B | 11.4B | 13.1B | 13.7B | |
Total Current Assets | 2.0B | 4.0B | 3.9B | 3.0B | 2.7B | 1.4B | |
Accumulated Other Comprehensive Income | (465M) | (494M) | (262M) | (388M) | (299M) | (314.0M) | |
Short Term Debt | 504M | 1.4B | 634M | 523M | 511M | 536.6M | |
Intangible Assets | 122M | 107M | 2.0B | 2.0B | 2.0B | 2.1B | |
Accounts Payable | 146M | 108M | 200M | 221M | 207M | 113.9M | |
Current Deferred Revenue | 900M | 1.1B | 2.1B | 2.3B | 2.4B | 2.5B | |
Short Term Investments | 1.3B | 2.0B | 2.6B | 2.1B | 1.5B | 1.0B | |
Other Liab | 2.8B | 3.1B | 2.7B | 2.6B | 3.0B | 3.1B | |
Other Assets | 809M | 379M | 780M | 380M | 437M | 325.4M | |
Long Term Debt | 1.3B | 2.4B | 2.2B | 1.9B | 2.2B | 1.4B | |
Treasury Stock | (518M) | (568M) | (643M) | (674M) | (606.6M) | (576.3M) | |
Property Plant Equipment | 8.1B | 6.2B | 7.2B | 8.8B | 10.1B | 10.7B | |
Net Tangible Assets | 2.3B | 3.0B | 1.8B | 3.8B | 4.4B | 3.1B | |
Long Term Debt Total | 1.3B | 2.4B | 2.2B | 1.9B | 2.2B | 1.6B | |
Capital Surpluse | 305M | 391M | 494M | 577M | 519.3M | 338.2M |
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Additional Information and Resources on Investing in Alaska Stock
When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Passenger Airlines space 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 Alaska Air. If investors know Alaska 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 Alaska 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 2.484 | Earnings Share 1.89 | Revenue Per Share 82.383 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0335 |
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska 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 Alaska Air's market value can be influenced by many factors that don't directly affect Alaska 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 Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska 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.