Delta Investments vs Accumulated Other Comprehensive Income Analysis

DAL Stock

USD 46.55 0.10 0.21%

Delta Air financial indicator trend analysis is much more than just examining Delta Air Lines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delta Air Lines is a good investment. Please check the relationship between Delta Air Investments and its Accumulated Other Comprehensive Income accounts. 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.

Investments vs Accumulated Other Comprehensive Income

Investments vs Accumulated Other Comprehensive Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Air Lines Investments account and Accumulated Other Comprehensive Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Delta Air's Investments and Accumulated Other Comprehensive Income is -0.14. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Accumulated Other Comprehensive Income in the same time period over historical financial statements of Delta Air Lines, assuming nothing else is changed. The correlation between historical values of Delta Air's Investments and Accumulated Other Comprehensive Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Delta Air Lines are associated (or correlated) with its Accumulated Other Comprehensive Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Other Comprehensive Income has no effect on the direction of Investments i.e., Delta Air's Investments and Accumulated Other Comprehensive Income go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.

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

Interest Expense Depreciation And Amortization

Delta Air fundamental ratios 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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Short Term Investments
Total Assets		0.81	0.69	0.92	0.36	0.94	0.82	0.25	0.57	0.98	-0.16	0.54	0.75	0.33	0.72	0.79	0.61	0.4	0.95	0.82	0.69	0.09	0.77	0.74	0.67	0.44
Short Long Term Debt Total	0.81		0.43	0.68	-0.12	0.8	0.99	-0.13	0.77	0.76	-0.08	0.78	0.42	-0.05	0.8	0.49	0.53	0.08	0.91	0.71	0.69	0.16	0.57	0.62	0.32	0.72
Other Current Liab	0.69	0.43		0.72	0.6	0.69	0.46	0.59	0.17	0.65	-0.78	0.18	0.73	0.05	0.25	0.79	0.09	0.04	0.53	0.64	0.54	-0.59	0.39	0.69	0.32	0.17
Total Current Liabilities	0.92	0.68	0.72		0.46	0.95	0.73	0.32	0.26	0.95	-0.15	0.25	0.89	0.24	0.47	0.85	0.7	0.3	0.83	0.9	0.46	0.14	0.62	0.77	0.57	0.19
Total Stockholder Equity	0.36	-0.12	0.6	0.46		0.42	-0.07	0.94	-0.29	0.43	-0.38	-0.35	0.55	0.11	-0.25	0.58	0.04	0.06	0.04	0.39	-0.03	-0.31	0.14	0.34	0.25	-0.42
Property Plant And Equipment Net	0.94	0.8	0.69	0.95	0.42		0.84	0.34	0.4	0.97	-0.17	0.37	0.79	0.11	0.56	0.83	0.66	0.21	0.87	0.92	0.49	0.11	0.62	0.75	0.5	0.27
Net Debt	0.82	0.99	0.46	0.73	-0.07	0.84		-0.1	0.66	0.78	-0.09	0.68	0.49	-0.08	0.74	0.54	0.58	0.05	0.9	0.77	0.62	0.17	0.54	0.65	0.3	0.65
Retained Earnings	0.25	-0.13	0.59	0.32	0.94	0.34	-0.1		-0.25	0.3	-0.47	-0.3	0.42	-0.11	-0.29	0.44	-0.18	-0.17	-0.06	0.3	-0.04	-0.45	0.03	0.29	0.08	-0.35
Cash	0.57	0.77	0.17	0.26	-0.29	0.4	0.66	-0.25		0.45	-0.03	0.98	0.02	0.15	0.87	0.14	0.13	0.23	0.7	0.22	0.82	0.05	0.61	0.38	0.37	0.85
Non Current Assets Total	0.98	0.76	0.65	0.95	0.43	0.97	0.78	0.3	0.45		-0.09	0.42	0.78	0.32	0.63	0.81	0.68	0.4	0.91	0.86	0.56	0.17	0.73	0.72	0.66	0.3
Non Currrent Assets Other	-0.16	-0.08	-0.78	-0.15	-0.38	-0.17	-0.09	-0.47	-0.03	-0.09		-0.05	-0.22	0.27	0.06	-0.39	0.44	0.31	-0.04	-0.18	-0.33	0.95	0.06	-0.31	0.14	-0.1
Cash And Short Term Investments	0.54	0.78	0.18	0.25	-0.35	0.37	0.68	-0.3	0.98	0.42	-0.05		0.01	0.13	0.88	0.11	0.12	0.19	0.7	0.19	0.85	0.02	0.59	0.4	0.34	0.94
Net Receivables	0.75	0.42	0.73	0.89	0.55	0.79	0.49	0.42	0.02	0.78	-0.22	0.01		0.25	0.26	0.79	0.49	0.27	0.62	0.74	0.36	0.01	0.48	0.68	0.49	-0.04
Common Stock Shares Outstanding	0.33	-0.05	0.05	0.24	0.11	0.11	-0.08	-0.11	0.15	0.32	0.27	0.13	0.25		0.44	0.28	0.3	0.97	0.32	-0.07	0.36	0.24	0.7	0.2	0.88	0.01
Non Current Liabilities Total	0.72	0.8	0.25	0.47	-0.25	0.56	0.74	-0.29	0.87	0.63	0.06	0.88	0.26	0.44		0.34	0.39	0.53	0.85	0.34	0.86	0.18	0.85	0.57	0.68	0.78
Inventory	0.79	0.49	0.79	0.85	0.58	0.83	0.54	0.44	0.14	0.81	-0.39	0.11	0.79	0.28	0.34		0.55	0.37	0.64	0.73	0.41	-0.16	0.56	0.77	0.55	0.02
Other Current Assets	0.61	0.53	0.09	0.7	0.04	0.66	0.58	-0.18	0.13	0.68	0.44	0.12	0.49	0.3	0.39	0.55		0.44	0.64	0.67	0.09	0.67	0.47	0.4	0.48	0.08
Other Stockholder Equity	0.4	0.08	0.04	0.3	0.06	0.21	0.05	-0.17	0.23	0.4	0.31	0.19	0.27	0.97	0.53	0.37	0.44		0.41	0.03	0.38	0.31	0.75	0.28	0.9	0.05
Total Liab	0.95	0.91	0.53	0.83	0.04	0.87	0.9	-0.06	0.7	0.91	-0.04	0.7	0.62	0.32	0.85	0.64	0.64	0.41		0.74	0.75	0.2	0.77	0.67	0.63	0.61
Property Plant And Equipment Gross	0.82	0.71	0.64	0.9	0.39	0.92	0.77	0.3	0.22	0.86	-0.18	0.19	0.74	-0.07	0.34	0.73	0.67	0.03	0.74		0.28	0.12	0.38	0.58	0.3	0.13
Total Current Assets	0.69	0.69	0.54	0.46	-0.03	0.49	0.62	-0.04	0.82	0.56	-0.33	0.85	0.36	0.36	0.86	0.41	0.09	0.38	0.75	0.28		-0.23	0.76	0.64	0.58	0.8
Short Term Debt	0.09	0.16	-0.59	0.14	-0.31	0.11	0.17	-0.45	0.05	0.17	0.95	0.02	0.01	0.24	0.18	-0.16	0.67	0.31	0.2	0.12	-0.23		0.17	-0.12	0.22	-0.03
Intangible Assets	0.77	0.57	0.39	0.62	0.14	0.62	0.54	0.03	0.61	0.73	0.06	0.59	0.48	0.7	0.85	0.56	0.47	0.75	0.77	0.38	0.76	0.17		0.74	0.93	0.47
Accounts Payable	0.74	0.62	0.69	0.77	0.34	0.75	0.65	0.29	0.38	0.72	-0.31	0.4	0.68	0.2	0.57	0.77	0.4	0.28	0.67	0.58	0.64	-0.12	0.74		0.58	0.36
Good Will	0.67	0.32	0.32	0.57	0.25	0.5	0.3	0.08	0.37	0.66	0.14	0.34	0.49	0.88	0.68	0.55	0.48	0.9	0.63	0.3	0.58	0.22	0.93	0.58		0.2
Short Term Investments	0.44	0.72	0.17	0.19	-0.42	0.27	0.65	-0.35	0.85	0.3	-0.1	0.94	-0.04	0.01	0.78	0.02	0.08	0.05	0.61	0.13	0.8	-0.03	0.47	0.36	0.2

Click cells to compare fundamentals

Delta Air Account Relationship Matchups

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	2.4B
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	415.5M
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	21.0B
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	6.3B
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	961.4M
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

50.16

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

0.68	B	Barnes Group Earnings Call This Week	Pair Corr
0.77	J	Jacobs Solutions Financial Report 14th of May 2024	Pair Corr
0.76	DIST	Distoken Acquisition	Pair Corr

Moving against Delta Stock

0.88	GP	GreenPower Motor Financial Report 12th of July 2024	Pair Corr
0.86	AZ	A2Z Smart Technologies	Pair Corr
0.82	BA	Boeing Earnings Call This Week	Pair Corr
0.74	HA	Hawaiian Holdings Earnings Call This Week	Pair Corr
0.62	AP	Ampco Pittsburgh	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Delta Air Lines is a strong investment it is important to analyze Delta Air's 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 Delta Air's future performance. For an informed investment choice regarding Delta Stock, refer to the following important reports:

How To Invest In Delta

Details

Is Delta Stock a good investment?

Details

What is Delta Air's Net Worth?

Details

Largest Passenger Airlines Companies

View

Largest Transportation Companies

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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

0.3

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.

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Delta Investments vs Accumulated Other Comprehensive Income Analysis

Investments vs Accumulated Other Comprehensive Income

Investments vs Accumulated Other Comprehensive Income Correlation Analysis

Correlation Coefficient

Investments

Accumulated Other Comprehensive Income

Delta Air fundamental ratios Correlations

Delta Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Delta Air fundamental ratios Accounts

Delta Air Investors Sentiment

Delta Air Implied Volatility

Pair Trading with Delta Air

Moving together with Delta Stock

Moving against Delta Stock

Complementary Tools for Delta Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Cash
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Other Stockholder Equity	+ 0.97	Common Stock Shares Outstanding
Total Liab	+ 0.95	Total Assets

Non Currrent Assets Other	- 0.78	Other Current Liab
Short Term Debt	- 0.59	Other Current Liab
Non Currrent Assets Other	- 0.47	Retained Earnings
Short Term Debt	- 0.45	Retained Earnings
Short Term Investments	- 0.42	Total Stockholder Equity
Inventory	- 0.39	Non Currrent Assets Other