Air Total Stockholder Equity vs Common Stock Shares Outstanding Analysis

AIZ Stock   0.51  0.01  2.00%   
Air New financial indicator trend analysis is way more than just evaluating Air New Zealand prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air New Zealand is a good investment. Please check the relationship between Air New Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air New Zealand. 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.

Total Stockholder Equity vs Common Stock Shares Outstanding

Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air New Zealand Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Air New's Total Stockholder Equity and Common Stock Shares Outstanding is 0.14. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Air New Zealand, assuming nothing else is changed. The correlation between historical values of Air New's Total Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Air New Zealand are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., Air New's Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Air New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air New Zealand 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 Air New Zealand. 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.
Tax Provision is likely to gain to about 79.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 B in 2024.
 2021 2022 2024 (projected)
Interest Expense94M164M108.4M
Depreciation And Amortization668M695M450.1M

Air New fundamental ratios Correlations

0.820.870.960.140.870.890.670.65-0.020.86-0.050.63-0.05-0.60.60.530.620.31-0.410.63-0.720.980.690.670.59
0.820.640.71-0.360.920.520.890.36-0.160.89-0.230.19-0.27-0.460.420.280.240.2-0.540.4-0.690.910.670.20.85
0.870.640.770.260.740.790.560.35-0.080.7-0.20.7-0.17-0.680.680.390.630.15-0.270.41-0.540.820.430.660.3
0.960.710.770.20.740.950.520.790.10.760.140.68-0.02-0.550.580.650.70.38-0.290.72-0.760.920.760.750.57
0.14-0.360.260.2-0.180.38-0.310.380.01-0.170.180.580.610.14-0.080.140.470.04-0.050.230.15-0.08-0.180.64-0.51
0.870.920.740.74-0.180.580.80.42-0.10.98-0.390.21-0.2-0.580.560.280.30.23-0.60.42-0.610.910.60.220.74
0.890.520.790.950.380.580.350.750.110.60.210.820.06-0.560.60.630.720.32-0.110.62-0.610.810.590.870.3
0.670.890.560.52-0.310.80.350.14-0.560.7-0.480.18-0.31-0.360.27-0.040.1-0.2-0.630.18-0.610.750.410.120.75
0.650.360.350.790.380.420.750.140.220.520.330.420.39-0.090.190.580.540.42-0.210.66-0.50.570.60.580.37
-0.02-0.16-0.080.10.01-0.10.11-0.560.220.020.66-0.040.17-0.050.110.70.340.880.330.47-0.02-0.020.440.11-0.09
0.860.890.70.76-0.170.980.60.70.520.02-0.280.16-0.11-0.520.540.350.320.33-0.520.46-0.610.90.640.220.71
-0.05-0.23-0.20.140.18-0.390.21-0.480.330.66-0.280.230.340.32-0.270.590.340.630.380.37-0.1-0.090.370.36-0.15
0.630.190.70.680.580.210.820.180.42-0.040.160.23-0.04-0.490.480.480.730.070.050.47-0.410.50.30.970.0
-0.05-0.27-0.17-0.020.61-0.20.06-0.310.390.17-0.110.34-0.040.63-0.570.050.080.27-0.180.120.22-0.19-0.090.14-0.38
-0.6-0.46-0.68-0.550.14-0.58-0.56-0.36-0.09-0.05-0.520.32-0.490.63-0.97-0.39-0.41-0.06-0.08-0.320.43-0.63-0.35-0.4-0.32
0.60.420.680.58-0.080.560.60.270.190.110.54-0.270.48-0.57-0.970.40.420.080.160.33-0.40.630.330.430.28
0.530.280.390.650.140.280.63-0.040.580.70.350.590.480.05-0.390.40.750.740.180.83-0.540.510.790.610.24
0.620.240.630.70.470.30.720.10.540.340.320.340.730.08-0.410.420.750.44-0.050.85-0.690.520.660.80.15
0.310.20.150.380.040.230.32-0.20.420.880.330.630.070.27-0.060.080.740.44-0.080.62-0.250.310.670.230.19
-0.41-0.54-0.27-0.29-0.05-0.6-0.11-0.63-0.210.33-0.520.380.05-0.18-0.080.160.18-0.05-0.08-0.190.3-0.4-0.280.04-0.5
0.630.40.410.720.230.420.620.180.660.470.460.370.470.12-0.320.330.830.850.62-0.19-0.720.580.840.620.46
-0.72-0.69-0.54-0.760.15-0.61-0.61-0.61-0.5-0.02-0.61-0.1-0.410.220.43-0.4-0.54-0.69-0.250.3-0.72-0.76-0.86-0.44-0.71
0.980.910.820.92-0.080.910.810.750.57-0.020.9-0.090.5-0.19-0.630.630.510.520.31-0.40.58-0.760.740.530.71
0.690.670.430.76-0.180.60.590.410.60.440.640.370.3-0.09-0.350.330.790.660.67-0.280.84-0.860.740.40.71
0.670.20.660.750.640.220.870.120.580.110.220.360.970.14-0.40.430.610.80.230.040.62-0.440.530.40.03
0.590.850.30.57-0.510.740.30.750.37-0.090.71-0.150.0-0.38-0.320.280.240.150.19-0.50.46-0.710.710.710.03
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Air New Account Relationship Matchups

Air New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.5B6.7B8.4B9.2B8.5B6.7B
Short Long Term Debt Total3.7B3.3B3.4B3.3B2.8B2.3B
Other Current Liab402M427M232M461M431M342.6M
Total Current Liabilities2.1B2.4B3.2B3.8B3.6B2.3B
Total Stockholder Equity1.3B1.1B1.7B2.1B2.0B1.8B
Property Plant And Equipment Net5.7B5.1B4.8B4.9B5.1B4.0B
Current Deferred Revenue828M689M1.6B2.1B1.8B966.2M
Net Debt3.6B3.3B3.3B3.2B1.5B1.7B
Accounts Payable322M524M497M780M849M430.7M
Cash130M44M73M103M1.3B1.3B
Non Current Assets Total6.0B5.4B5.1B5.3B6.1B4.5B
Non Currrent Assets Other(6.0B)(5.4B)(164M)(8M)462M485.1M
Cash And Short Term Investments438M266M1.8B2.2B1.3B1.2B
Net Receivables336M192M313M422M457M374.2M
Short Term Investments308M222M1.7B2.1B2.4B2.6B
Liabilities And Stockholders Equity7.5B6.7B8.4B9.2B8.5B6.7B
Non Current Liabilities Total1.3B1.0B1.6B1.5B2.9B3.1B
Inventory106M92M98M119M131M113.0M
Other Current Assets129M276M293M501M573M601.7M
Other Stockholder Equity(122M)(1.1B)(1.7B)(1.3B)(1.1B)(1.1B)
Total Liab6.2B5.6B6.7B7.1B6.5B4.9B
Property Plant And Equipment Gross5.7B8.5B8.8B9.5B10.2B10.7B
Total Current Assets1.0B826M2.5B3.3B2.4B2.0B
Accumulated Other Comprehensive Income(891M)(1.1B)(1.7B)(1.3B)(1.4B)(1.3B)
Short Term Debt525M908M590M545M488M395.1M
Retained Earnings(757M)(1.0B)(1.6B)(1.2B)(1.1B)(1.1B)
Other Assets493M434M708M616M708.4M386.6M
Other Liab935M835M724M490M563.5M732.2M
Net Tangible Assets1.1B926M1.5B1.9B1.7B1.3B
Long Term Debt1.3B1.0B1.6B1.5B1.2B1.2B
Long Term Investments162M138M164M190M205M210.8M
Short Long Term Debt172M525M248M193M157M273.2M
Property Plant Equipment5.7B5.1B4.8B4.9B5.7B5.2B
Long Term Debt Total2.3B2.3B3.2B2.4B2.8B2.7B
Capital Lease Obligations2.2B1.8B1.5B1.7B1.4B1.7B

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