Delta Net Receivables vs Total Liab 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 Net Receivables and its Total Liab 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.

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Air Lines Net Receivables account and Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Delta Air's Net Receivables and Total Liab is 0.31. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab 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 Net Receivables and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Delta Air Lines are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Delta Air's Net Receivables and Total Liab go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expenses2.4B3.7B4.6B3.4B
Cost Of Revenue30.2B43.3B47.2B36.1B

Delta Air fundamental ratios Correlations

0.640.850.290.920.960.350.860.580.980.55-0.020.580.54-0.39-0.880.540.90.39-0.5-0.710.890.670.940.860.75
0.640.620.380.640.620.490.660.270.660.520.160.280.65-0.03-0.680.270.640.35-0.62-0.610.470.30.490.450.8
0.850.620.440.890.770.460.950.130.910.51-0.110.150.81-0.42-0.760.180.60.65-0.31-0.670.660.310.740.590.7
0.290.380.440.360.270.970.27-0.30.440.820.51-0.340.52-0.17-0.35-0.370.210.23-0.12-0.52-0.19-0.30.01-0.170.48
0.920.640.890.360.870.440.860.370.950.44-0.220.350.59-0.37-0.90.30.710.58-0.58-0.680.770.430.840.770.76
0.960.620.770.270.870.340.780.640.910.610.10.660.45-0.26-0.830.640.940.3-0.44-0.670.850.740.90.890.71
0.350.490.460.970.440.340.3-0.190.490.820.49-0.230.51-0.14-0.46-0.280.290.2-0.31-0.61-0.11-0.220.09-0.080.59
0.860.660.950.270.860.780.30.270.870.41-0.190.30.7-0.33-0.760.320.660.69-0.39-0.60.750.440.80.670.69
0.580.270.13-0.30.370.64-0.190.270.410.160.020.98-0.2-0.04-0.510.860.77-0.17-0.46-0.330.730.930.710.810.31
0.980.660.910.440.950.910.490.870.410.6-0.010.40.65-0.41-0.880.360.820.47-0.5-0.730.790.50.860.740.79
0.550.520.510.820.440.610.820.410.160.60.740.170.5-0.14-0.480.170.640.02-0.11-0.660.170.230.330.210.59
-0.020.16-0.110.51-0.220.10.49-0.190.02-0.010.740.060.10.140.10.10.26-0.510.22-0.23-0.270.05-0.19-0.210.15
0.580.280.15-0.340.350.66-0.230.30.980.40.170.06-0.19-0.04-0.490.950.8-0.2-0.39-0.340.760.970.730.820.3
0.540.650.810.520.590.450.510.7-0.20.650.50.1-0.19-0.31-0.45-0.150.320.53-0.1-0.470.31-0.020.340.20.63
-0.39-0.03-0.42-0.17-0.37-0.26-0.14-0.33-0.04-0.41-0.140.14-0.04-0.310.53-0.03-0.19-0.280.150.53-0.32-0.13-0.45-0.24-0.36
-0.88-0.68-0.76-0.35-0.9-0.83-0.46-0.76-0.51-0.88-0.480.1-0.49-0.450.53-0.43-0.77-0.430.730.85-0.73-0.53-0.86-0.74-0.83
0.540.270.18-0.370.30.64-0.280.320.860.360.170.10.95-0.15-0.03-0.430.76-0.22-0.25-0.330.730.940.710.780.25
0.90.640.60.210.710.940.290.660.770.820.640.260.80.32-0.19-0.770.760.08-0.47-0.660.820.830.860.840.67
0.390.350.650.230.580.30.20.69-0.170.470.02-0.51-0.20.53-0.28-0.43-0.220.08-0.26-0.120.29-0.070.330.240.45
-0.5-0.62-0.31-0.12-0.58-0.44-0.31-0.39-0.46-0.5-0.110.22-0.39-0.10.150.73-0.25-0.47-0.260.49-0.45-0.26-0.49-0.47-0.72
-0.71-0.61-0.67-0.52-0.68-0.67-0.61-0.6-0.33-0.73-0.66-0.23-0.34-0.470.530.85-0.33-0.66-0.120.49-0.48-0.38-0.66-0.47-0.65
0.890.470.66-0.190.770.85-0.110.750.730.790.17-0.270.760.31-0.32-0.730.730.820.29-0.45-0.480.830.960.960.54
0.670.30.31-0.30.430.74-0.220.440.930.50.230.050.97-0.02-0.13-0.530.940.83-0.07-0.26-0.380.830.810.870.31
0.940.490.740.010.840.90.090.80.710.860.33-0.190.730.34-0.45-0.860.710.860.33-0.49-0.660.960.810.930.62
0.860.450.59-0.170.770.89-0.080.670.810.740.21-0.210.820.2-0.24-0.740.780.840.24-0.47-0.470.960.870.930.52
0.750.80.70.480.760.710.590.690.310.790.590.150.30.63-0.36-0.830.250.670.45-0.72-0.650.540.310.620.52
Click cells to compare fundamentals

Delta Air Account Relationship Matchups

Delta Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.5B72.0B79.8B80.2B81.1B69.1B
Other Current Liab14.1B10.5B14.1B17.7B7.3B11.8B
Total Current Liabilities20.2B15.9B21.0B25.9B26.4B20.5B
Total Stockholder Equity15.4B1.5B3.9B6.6B11.1B9.7B
Property Plant And Equipment Net36.9B32.3B36.0B40.1B42.5B32.9B
Net Debt14.2B27.0B26.6B27.2B24.5B15.3B
Retained Earnings12.5B(428M)(148M)1.2B5.7B4.5B
Accounts Payable3.3B2.8B4.2B5.1B4.4B3.6B
Cash3.1B8.5B8.1B3.4B2.7B3.8B
Non Current Assets Total56.3B54.6B63.8B67.2B70.8B57.8B
Non Currrent Assets Other2.5B1.3B1.3B865M994M1.0B
Other Assets2.8B5.8B3.9B2.3B2.1B4.0B
Cash And Short Term Investments3.1B14.3B11.5B6.7B3.9B5.6B
Net Receivables2.9B1.4B2.4B3.2B3.1B2.6B
Common Stock Shares Outstanding694M653M636M641M643M582.9M
Short Term Investments12M5.8B3.4B3.3B1.1B1.8B
Non Current Liabilities Total29.0B54.5B54.9B47.7B36.1B36.1B
Inventory1.3B732M1.1B1.4B1.3B1.2B
Other Current Assets1.3B1.2B1.1B1.9B2.0B1.5B
Other Stockholder Equity10.9B11B11.2B11.2B11.3B9.4B
Total Liab49.2B70.5B75.9B73.6B70.0B59.4B
Total Current Assets8.2B17.4B15.9B13.0B10.3B11.2B
Intangible Assets5.2B6.0B6.0B6.0B6.0B5.7B
Short Long Term Debt Total17.3B35.5B34.7B30.6B27.3B20.8B
Liabilities And Stockholders Equity64.5B72.0B79.8B80.2B73.6B70.2B
Accumulated Other Comprehensive Income(8.0B)(9.0B)(7.1B)(5.8B)(5.8B)(6.1B)
Short Term Debt2.8B2.5B2.6B3.2B3.7B3.9B
Current Deferred Revenue8.3B5.8B8.9B11.6B11.0B9.2B
Other Liab14.8B21.4B15.4B12.2B11.0B12.5B
Net Tangible Assets414M(14.2B)(11.9B)(9.2B)(8.2B)(8.7B)
Long Term Debt8.0B8.1B26.5B25.1B28.9B16.3B
Property Plant Equipment35.9B31.4B35.1B39.1B44.9B36.7B

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