LATAM Other Current Assets from 2010 to 2024

LTM Stock  USD 27.81  0.08  0.29%   
LATAM Airlines Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 754.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
774.7 M
Current Value
754.6 M
Quarterly Volatility
119.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LATAM Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LATAM Airlines' main balance sheet or income statement drivers, such as Tax Provision of 11.7 M, Interest Income of 0.0 or Depreciation And Amortization of 987.9 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0 or PTB Ratio of 15.75. LATAM financial statements analysis is a perfect complement when working with LATAM Airlines Valuation or Volatility modules.
  
Check out the analysis of LATAM Airlines Correlation against competitors.

Latest LATAM Airlines' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of LATAM Airlines Group over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. LATAM Airlines' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LATAM Airlines' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Very volatile
   Other Current Assets   
       Timeline  

LATAM Other Current Assets Regression Statistics

Arithmetic Mean709,034,492
Geometric Mean695,902,609
Coefficient Of Variation16.87
Mean Deviation50,877,666
Median713,686,000
Standard Deviation119,605,166
Sample Variance14305.4T
Range600.8M
R-Value0.02
Mean Square Error15396.9T
R-Squared0.0006
Significance0.93
Slope643,631
Total Sum of Squares200275.5T

LATAM Other Current Assets History

2024754.6 M
2023774.7 M
2022928.2 M
2021327.5 M

About LATAM Airlines Financial Statements

LATAM Airlines investors utilize fundamental indicators, such as Other Current Assets, to predict how LATAM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets774.7 M754.6 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether LATAM Airlines Group is a strong investment it is important to analyze LATAM Airlines' 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 LATAM Airlines' future performance. For an informed investment choice regarding LATAM Stock, refer to the following important reports:
Check out the analysis of LATAM Airlines Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Passenger Airlines space 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 LATAM Airlines. If investors know LATAM 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 LATAM Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of LATAM Airlines Group is measured differently than its book value, which is the value of LATAM that is recorded on the company's balance sheet. Investors also form their own opinion of LATAM Airlines' value that differs from its market value or its book value, called intrinsic value, which is LATAM Airlines' 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 LATAM Airlines' market value can be influenced by many factors that don't directly affect LATAM Airlines' 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 LATAM Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if LATAM Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LATAM Airlines' 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.