Delta Intangible Assets vs Retained Earnings Analysis

0QZ4 Stock

63.75 0.03 0.05%

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 Intangible Assets and its Retained Earnings accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Air Lines Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.

The correlation between Delta Air's Intangible Assets and Retained Earnings is 0.09. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings 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 Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Delta Air Lines are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., Delta Air's Intangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 6.9 B in 2024. Tax Provision is likely to drop to about 100.9 M in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	2.4B	3.7B	4.6B	3.4B
Cost Of Revenue	30.2B	43.3B	47.2B	36.1B

Total Operating Expenses Cost Of Revenue

Delta Air fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Short Term Debt
Total Assets		0.64	0.85	0.29	0.92	0.96	0.35	0.86	0.58	0.98	0.55	-0.02	0.58	0.54	-0.39	-0.88	0.54	0.9	0.39	-0.5	-0.71	0.89	0.67	0.94	0.86	0.75
Other Current Liab	0.64		0.62	0.38	0.64	0.62	0.49	0.66	0.27	0.66	0.52	0.16	0.28	0.65	-0.03	-0.68	0.27	0.64	0.35	-0.62	-0.61	0.47	0.3	0.49	0.45	0.8
Total Current Liabilities	0.85	0.62		0.44	0.89	0.77	0.46	0.95	0.13	0.91	0.51	-0.11	0.15	0.81	-0.42	-0.76	0.18	0.6	0.65	-0.31	-0.67	0.66	0.31	0.74	0.59	0.7
Total Stockholder Equity	0.29	0.38	0.44		0.36	0.27	0.97	0.27	-0.3	0.44	0.82	0.51	-0.34	0.52	-0.17	-0.35	-0.37	0.21	0.23	-0.12	-0.52	-0.19	-0.3	0.01	-0.17	0.48
Property Plant And Equipment Net	0.92	0.64	0.89	0.36		0.87	0.44	0.86	0.37	0.95	0.44	-0.22	0.35	0.59	-0.37	-0.9	0.3	0.71	0.58	-0.58	-0.68	0.77	0.43	0.84	0.77	0.76
Net Debt	0.96	0.62	0.77	0.27	0.87		0.34	0.78	0.64	0.91	0.61	0.1	0.66	0.45	-0.26	-0.83	0.64	0.94	0.3	-0.44	-0.67	0.85	0.74	0.9	0.89	0.71
Retained Earnings	0.35	0.49	0.46	0.97	0.44	0.34		0.3	-0.19	0.49	0.82	0.49	-0.23	0.51	-0.14	-0.46	-0.28	0.29	0.2	-0.31	-0.61	-0.11	-0.22	0.09	-0.08	0.59
Accounts Payable	0.86	0.66	0.95	0.27	0.86	0.78	0.3		0.27	0.87	0.41	-0.19	0.3	0.7	-0.33	-0.76	0.32	0.66	0.69	-0.39	-0.6	0.75	0.44	0.8	0.67	0.69
Cash	0.58	0.27	0.13	-0.3	0.37	0.64	-0.19	0.27		0.41	0.16	0.02	0.98	-0.2	-0.04	-0.51	0.86	0.77	-0.17	-0.46	-0.33	0.73	0.93	0.71	0.81	0.31
Non Current Assets Total	0.98	0.66	0.91	0.44	0.95	0.91	0.49	0.87	0.41		0.6	-0.01	0.4	0.65	-0.41	-0.88	0.36	0.82	0.47	-0.5	-0.73	0.79	0.5	0.86	0.74	0.79
Non Currrent Assets Other	0.55	0.52	0.51	0.82	0.44	0.61	0.82	0.41	0.16	0.6		0.74	0.17	0.5	-0.14	-0.48	0.17	0.64	0.02	-0.11	-0.66	0.17	0.23	0.33	0.21	0.59
Other Assets	-0.02	0.16	-0.11	0.51	-0.22	0.1	0.49	-0.19	0.02	-0.01	0.74		0.06	0.1	0.14	0.1	0.1	0.26	-0.51	0.22	-0.23	-0.27	0.05	-0.19	-0.21	0.15
Cash And Short Term Investments	0.58	0.28	0.15	-0.34	0.35	0.66	-0.23	0.3	0.98	0.4	0.17	0.06		-0.19	-0.04	-0.49	0.95	0.8	-0.2	-0.39	-0.34	0.76	0.97	0.73	0.82	0.3
Net Receivables	0.54	0.65	0.81	0.52	0.59	0.45	0.51	0.7	-0.2	0.65	0.5	0.1	-0.19		-0.31	-0.45	-0.15	0.32	0.53	-0.1	-0.47	0.31	-0.02	0.34	0.2	0.63
Good Will	-0.39	-0.03	-0.42	-0.17	-0.37	-0.26	-0.14	-0.33	-0.04	-0.41	-0.14	0.14	-0.04	-0.31		0.53	-0.03	-0.19	-0.28	0.15	0.53	-0.32	-0.13	-0.45	-0.24	-0.36
Common Stock Shares Outstanding	-0.88	-0.68	-0.76	-0.35	-0.9	-0.83	-0.46	-0.76	-0.51	-0.88	-0.48	0.1	-0.49	-0.45	0.53		-0.43	-0.77	-0.43	0.73	0.85	-0.73	-0.53	-0.86	-0.74	-0.83
Short Term Investments	0.54	0.27	0.18	-0.37	0.3	0.64	-0.28	0.32	0.86	0.36	0.17	0.1	0.95	-0.15	-0.03	-0.43		0.76	-0.22	-0.25	-0.33	0.73	0.94	0.71	0.78	0.25
Non Current Liabilities Total	0.9	0.64	0.6	0.21	0.71	0.94	0.29	0.66	0.77	0.82	0.64	0.26	0.8	0.32	-0.19	-0.77	0.76		0.08	-0.47	-0.66	0.82	0.83	0.86	0.84	0.67
Inventory	0.39	0.35	0.65	0.23	0.58	0.3	0.2	0.69	-0.17	0.47	0.02	-0.51	-0.2	0.53	-0.28	-0.43	-0.22	0.08		-0.26	-0.12	0.29	-0.07	0.33	0.24	0.45
Other Current Assets	-0.5	-0.62	-0.31	-0.12	-0.58	-0.44	-0.31	-0.39	-0.46	-0.5	-0.11	0.22	-0.39	-0.1	0.15	0.73	-0.25	-0.47	-0.26		0.49	-0.45	-0.26	-0.49	-0.47	-0.72
Other Stockholder Equity	-0.71	-0.61	-0.67	-0.52	-0.68	-0.67	-0.61	-0.6	-0.33	-0.73	-0.66	-0.23	-0.34	-0.47	0.53	0.85	-0.33	-0.66	-0.12	0.49		-0.48	-0.38	-0.66	-0.47	-0.65
Total Liab	0.89	0.47	0.66	-0.19	0.77	0.85	-0.11	0.75	0.73	0.79	0.17	-0.27	0.76	0.31	-0.32	-0.73	0.73	0.82	0.29	-0.45	-0.48		0.83	0.96	0.96	0.54
Total Current Assets	0.67	0.3	0.31	-0.3	0.43	0.74	-0.22	0.44	0.93	0.5	0.23	0.05	0.97	-0.02	-0.13	-0.53	0.94	0.83	-0.07	-0.26	-0.38	0.83		0.81	0.87	0.31
Intangible Assets	0.94	0.49	0.74	0.01	0.84	0.9	0.09	0.8	0.71	0.86	0.33	-0.19	0.73	0.34	-0.45	-0.86	0.71	0.86	0.33	-0.49	-0.66	0.96	0.81		0.93	0.62
Short Long Term Debt Total	0.86	0.45	0.59	-0.17	0.77	0.89	-0.08	0.67	0.81	0.74	0.21	-0.21	0.82	0.2	-0.24	-0.74	0.78	0.84	0.24	-0.47	-0.47	0.96	0.87	0.93		0.52
Short Term Debt	0.75	0.8	0.7	0.48	0.76	0.71	0.59	0.69	0.31	0.79	0.59	0.15	0.3	0.63	-0.36	-0.83	0.25	0.67	0.45	-0.72	-0.65	0.54	0.31	0.62	0.52

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Delta Air Account Relationship Matchups

Delta Air fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	64.5B	72.0B	79.8B	80.2B	81.1B	69.1B
Other Current Liab	14.1B	10.5B	14.1B	17.7B	7.3B	11.8B
Total Current Liabilities	20.2B	15.9B	21.0B	25.9B	26.4B	20.5B
Total Stockholder Equity	15.4B	1.5B	3.9B	6.6B	11.1B	9.7B
Property Plant And Equipment Net	36.9B	32.3B	36.0B	40.1B	42.5B	32.9B
Net Debt	14.2B	27.0B	26.6B	27.2B	24.5B	15.3B
Retained Earnings	12.5B	(428M)	(148M)	1.2B	5.7B	4.5B
Accounts Payable	3.3B	2.8B	4.2B	5.1B	4.4B	3.6B
Cash	3.1B	8.5B	8.1B	3.4B	2.7B	3.8B
Non Current Assets Total	56.3B	54.6B	63.8B	67.2B	70.8B	57.8B
Non Currrent Assets Other	2.5B	1.3B	1.3B	865M	994M	1.0B
Other Assets	2.8B	5.8B	3.9B	2.3B	2.1B	4.0B
Cash And Short Term Investments	3.1B	14.3B	11.5B	6.7B	3.9B	5.6B
Net Receivables	2.9B	1.4B	2.4B	3.2B	3.1B	2.6B
Common Stock Shares Outstanding	694M	653M	636M	641M	643M	582.9M
Short Term Investments	12M	5.8B	3.4B	3.3B	1.1B	1.8B
Non Current Liabilities Total	29.0B	54.5B	54.9B	47.7B	36.1B	36.1B
Inventory	1.3B	732M	1.1B	1.4B	1.3B	1.2B
Other Current Assets	1.3B	1.2B	1.1B	1.9B	2.0B	1.5B
Other Stockholder Equity	10.9B	11B	11.2B	11.2B	11.3B	9.4B
Total Liab	49.2B	70.5B	75.9B	73.6B	70.0B	59.4B
Total Current Assets	8.2B	17.4B	15.9B	13.0B	10.3B	11.2B
Intangible Assets	5.2B	6.0B	6.0B	6.0B	6.0B	5.7B
Short Long Term Debt Total	17.3B	35.5B	34.7B	30.6B	27.3B	20.8B
Liabilities And Stockholders Equity	64.5B	72.0B	79.8B	80.2B	73.6B	70.2B
Accumulated Other Comprehensive Income	(8.0B)	(9.0B)	(7.1B)	(5.8B)	(5.8B)	(6.1B)
Short Term Debt	2.8B	2.5B	2.6B	3.2B	3.7B	3.9B
Current Deferred Revenue	8.3B	5.8B	8.9B	11.6B	11.0B	9.2B
Other Liab	14.8B	21.4B	15.4B	12.2B	11.0B	12.5B
Net Tangible Assets	414M	(14.2B)	(11.9B)	(9.2B)	(8.2B)	(8.7B)
Long Term Debt	8.0B	8.1B	26.5B	25.1B	28.9B	16.3B
Property Plant Equipment	35.9B	31.4B	35.1B	39.1B	44.9B	36.7B

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Delta Intangible Assets vs Retained Earnings Analysis

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Intangible Assets

Retained Earnings

Delta Air fundamental ratios Correlations

Delta Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Delta Air fundamental ratios Accounts

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Additional Tools for Delta Stock Analysis

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COMPANY

Non Current Assets Total	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Cash
Retained Earnings	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Cash And Short Term Investments
Net Debt	+ 0.96	Total Assets
Intangible Assets	+ 0.96	Total Liab

Common Stock Shares Outstanding	- 0.9	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.88	Non Current Assets Total
Common Stock Shares Outstanding	- 0.88	Total Assets
Intangible Assets	- 0.86	Common Stock Shares Outstanding
Short Term Debt	- 0.83	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.83	Net Debt