Alaska Air Financials
0HC3 Stock | 52.65 0.15 0.28% |
Operating Margin 0.1338 | PE Ratio 0.1445 | Profit Margin 0.0299 | Return On Equity 0.0751 |
Alaska | Select Account or Indicator |
Understanding current and past Alaska Air Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alaska Air's financial statements are interrelated, with each one affecting the others. For example, an increase in Alaska Air's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Alaska Air's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alaska Air Group. Check Alaska Air's Beneish M Score to see the likelihood of Alaska Air's management manipulating its earnings.
Alaska Air Stock Summary
Alaska Air competes with Neometals, Coor Service, Aeorema Communications, JLEN Environmental, and Power Metal. Alaska Air is entity of United Kingdom. It is traded as Stock on LSE exchange.Specialization | Industrials, Commercial & Professional Services |
Instrument | UK Stock View All |
Exchange | London Exchange |
Business Address | 19300 International Boulevard, |
Sector | Commercial Services & Supplies |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.alaskaair.com |
Phone | 206 392 5040 |
You should never invest in Alaska Air without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Alaska Stock, because this is throwing your money away. Analyzing the key information contained in Alaska Air's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Alaska Air Key Financial Ratios
There are many critical financial ratios that Alaska Air's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Alaska Air Group reports annually and quarterly.Revenue | 10.43 B | |||
Gross Profit | 2.36 B | |||
EBITDA | 1.27 B | |||
Net Income | 235 M | |||
Total Asset | 15.83 B |
Alaska Air Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.0B | 15.2B | 15.0B | 15.3B | 15.8B | 16.6B | |
Other Current Liab | 896M | 941M | 1.1B | 1.5B | 3.7B | 3.9B | |
Net Debt | 3.0B | 3.7B | 3.6B | 3.4B | 3.5B | 3.7B | |
Retained Earnings | 5.1B | 3.8B | 4.2B | 4.3B | 4.5B | 4.8B | |
Cash | 221M | 1.4B | 470M | 338M | 281M | 280.5M | |
Net Receivables | 323M | 480M | 546M | 296M | 383M | 402.2M | |
Other Current Assets | 120M | 123M | 196M | 215M | 409M | 429.5M | |
Total Liab | 9.7B | 12.2B | 11.2B | 11.5B | 11.7B | 12.3B | |
Total Current Assets | 2.0B | 4.0B | 3.9B | 3.0B | 2.7B | 1.4B | |
Short Term Debt | 509M | 1.4B | 640M | 504M | 511M | 536.6M | |
Intangible Assets | 122M | 2.1B | 2.0B | 2.0B | 2.0B | 2.1B | |
Accounts Payable | 146M | 108M | 200M | 221M | 207M | 113.9M | |
Other Assets | 809M | 962M | 780M | 1.0B | 1.2B | 882.7M | |
Other Liab | 2.8B | 3.1B | 2.7B | 2.6B | 3.0B | 3.0B | |
Net Tangible Assets | 2.3B | 938M | 1.8B | 1.8B | 2.0B | 1.8B | |
Long Term Debt | 1.6B | 1.3B | 2.4B | 2.2B | 2.5B | 2.1B | |
Capital Surpluse | 232M | 305M | 391M | 494M | 568.1M | 348.9M |
Alaska Air Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 8.8B | 3.6B | 6.2B | 9.6B | 10.4B | 10.9B | |
Gross Profit | 2.0B | (1.2B) | 336M | 1.6B | 2.5B | 1.2B | |
Operating Income | 1.1B | (1.7B) | (344M) | 557M | 394M | 250.1M | |
Ebit | 1.1B | (2.3B) | (257M) | 782M | 818M | 858.9M | |
Ebitda | 1.5B | (1.9B) | 137M | 1.2B | 1.3B | 1.3B | |
Cost Of Revenue | 6.8B | 4.7B | 5.8B | 8.1B | 8.0B | 8.4B | |
Income Before Tax | 1.0B | (1.8B) | 629M | 79M | 323M | 241.5M | |
Net Income | 769M | (1.3B) | 478M | 58M | 235M | 154.5M | |
Income Tax Expense | 247M | (516M) | 151M | 21M | 88M | 83.2M | |
Interest Expense | 78M | 98M | 128M | 108M | 121M | 75.5M | |
Tax Provision | 148M | 247M | (516M) | 151M | 135.9M | 74.6M | |
Interest Income | 35M | 21M | 56M | 92M | 105.8M | 56.3M |
Alaska Air Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 118M | 1.2B | (900M) | (132M) | (61M) | (58.0M) | |
Free Cash Flow | 1.0B | (456M) | 738M | (253M) | (444M) | (421.8M) | |
Depreciation | 423M | 420M | 394M | 415M | 451M | 473.6M | |
Other Non Cash Items | 451M | 804M | 894M | 1.4B | 591M | 620.6M | |
Dividends Paid | 148M | 158M | 173M | 45M | 51.8M | 75.3M | |
Capital Expenditures | 696M | 222M | 292M | 1.7B | 1.5B | 1.6B | |
Net Income | 769M | (1.3B) | 478M | 58M | 235M | 171.1M | |
End Period Cash Flow | 232M | 1.4B | 470M | 338M | 308M | 223.1M | |
Investments | (136M) | (644M) | (706M) | 455M | 409.5M | 430.0M | |
Net Borrowings | (608M) | 2.0B | (971M) | (385M) | (442.8M) | (420.6M) | |
Change To Netincome | 29M | 871M | 40M | 538M | 618.7M | 649.6M |
Alaska Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alaska Air's current stock value. Our valuation model uses many indicators to compare Alaska Air value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alaska Air competition to find correlations between indicators driving Alaska Air's intrinsic value. More Info.Alaska Air Group is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Alaska Air Group is roughly 2.63 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alaska Air's earnings, one of the primary drivers of an investment's value.Alaska Air Group Systematic Risk
Alaska Air's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alaska Air volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Alaska Air Group correlated with the market. If Beta is less than 0 Alaska Air generally moves in the opposite direction as compared to the market. If Alaska Air Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alaska Air Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alaska Air is generally in the same direction as the market. If Beta > 1 Alaska Air moves generally in the same direction as, but more than the movement of the benchmark.
Alaska Air Group Total Assets Over Time
Alaska Air Thematic Clasifications
Alaska Air Group is part of Air investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Air services and air delivery. Companies specializing in air services and air delivery
This theme covers Air services and air delivery. Companies specializing in air services and air delivery. Get More Thematic Ideas
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Alaska Air November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alaska Air help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alaska Air Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alaska Air Group based on widely used predictive technical indicators. In general, we focus on analyzing Alaska Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alaska Air's daily price indicators and compare them against related drivers.
Downside Deviation | 1.56 | |||
Information Ratio | 0.2454 | |||
Maximum Drawdown | 10.02 | |||
Value At Risk | (2.57) | |||
Potential Upside | 4.41 |
Additional Tools for Alaska Stock Analysis
When running Alaska Air's price analysis, check to measure Alaska 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 Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska 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 Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.