Alaska Change In Cash vs Net Borrowings Analysis

0HC3 Stock

74.69 2.60 3.61%

Alaska Air financial indicator trend analysis is way more than just evaluating Alaska Air Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alaska Air Group is a good investment. Please check the relationship between Alaska Air Change In Cash and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. 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.

Change In Cash vs Net Borrowings

Change In Cash vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Air Group Change In Cash account and Net Borrowings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Alaska Air's Change In Cash and Net Borrowings is 0.87. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Alaska Air Group, assuming nothing else is changed. The correlation between historical values of Alaska Air's Change In Cash and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Alaska Air Group are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Cash i.e., Alaska Air's Change In Cash and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Change In Cash

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Most indicators from Alaska Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alaska Air Group 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 Alaska Air Group. 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 gain to about 3.1 B in 2025, whereas Tax Provision is likely to drop slightly above 74.6 M in 2025.

	2022	2023	2024	2025 (projected)
Total Revenue	9.6B	10.4B	12.0B	12.6B
Depreciation And Amortization	415M	451M	518.7M	544.6M

Total Revenue Depreciation And Amortization

Alaska Air fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Short Term Investments	Common Stock
Total Assets		0.95	0.64	0.99	0.95	0.99	0.96	0.93	0.19	0.99	0.27	0.77	0.9	0.27	0.98	0.83	0.46	-0.6	0.99	0.86	0.47	0.82	0.84	0.98	0.65	-0.48
Short Long Term Debt Total	0.95		0.51	0.94	0.82	0.9	0.97	0.83	0.39	0.93	0.22	0.85	0.89	0.15	0.97	0.69	0.38	-0.59	0.97	0.9	0.59	0.85	0.78	0.91	0.67	-0.43
Other Current Liab	0.64	0.51		0.69	0.63	0.71	0.56	0.54	-0.14	0.58	0.1	0.27	0.45	0.31	0.57	0.9	0.75	-0.11	0.63	0.44	0.33	0.67	0.67	0.7	0.15	-0.2
Total Current Liabilities	0.99	0.94	0.69		0.91	0.98	0.95	0.88	0.22	0.97	0.26	0.79	0.87	0.29	0.97	0.86	0.51	-0.52	0.99	0.88	0.53	0.88	0.86	0.98	0.65	-0.45
Total Stockholder Equity	0.95	0.82	0.63	0.91		0.96	0.9	0.99	-0.06	0.97	0.34	0.61	0.85	0.3	0.91	0.82	0.37	-0.65	0.91	0.72	0.25	0.65	0.78	0.92	0.56	-0.57
Property Plant And Equipment Net	0.99	0.9	0.71	0.98	0.96		0.93	0.93	0.11	0.98	0.26	0.67	0.84	0.29	0.96	0.89	0.52	-0.55	0.97	0.79	0.42	0.79	0.86	0.97	0.56	-0.46
Net Debt	0.96	0.97	0.56	0.95	0.9	0.93		0.91	0.19	0.96	0.37	0.77	0.9	0.09	0.98	0.73	0.31	-0.66	0.96	0.84	0.47	0.82	0.82	0.94	0.63	-0.6
Retained Earnings	0.93	0.83	0.54	0.88	0.99	0.93	0.91		-0.04	0.96	0.37	0.62	0.86	0.22	0.91	0.73	0.24	-0.76	0.89	0.7	0.22	0.6	0.73	0.89	0.55	-0.61
Cash	0.19	0.39	-0.14	0.22	-0.06	0.11	0.19	-0.04		0.15	0.05	0.51	0.25	0.15	0.29	-0.07	0.22	0.1	0.26	0.45	0.58	0.32	0.06	0.12	0.32	0.1
Non Current Assets Total	0.99	0.93	0.58	0.97	0.97	0.98	0.96	0.96	0.15		0.31	0.73	0.88	0.23	0.98	0.8	0.39	-0.65	0.98	0.81	0.4	0.76	0.83	0.96	0.62	-0.53
Non Currrent Assets Other	0.27	0.22	0.1	0.26	0.34	0.26	0.37	0.37	0.05	0.31		0.19	0.35	-0.13	0.36	0.13	-0.18	-0.21	0.24	0.18	0.08	0.2	0.22	0.26	0.17	-0.92
Cash And Short Term Investments	0.77	0.85	0.27	0.79	0.61	0.67	0.77	0.62	0.51	0.73	0.19		0.84	0.33	0.8	0.47	0.22	-0.42	0.81	0.98	0.67	0.77	0.52	0.71	0.89	-0.34
Net Receivables	0.9	0.89	0.45	0.87	0.85	0.84	0.9	0.86	0.25	0.88	0.35	0.84		0.23	0.91	0.6	0.24	-0.64	0.89	0.89	0.42	0.73	0.67	0.85	0.73	-0.55
Common Stock Shares Outstanding	0.27	0.15	0.31	0.29	0.3	0.29	0.09	0.22	0.15	0.23	-0.13	0.33	0.23		0.19	0.41	0.5	0.2	0.26	0.38	0.11	0.11	0.02	0.19	0.49	0.14
Non Current Liabilities Total	0.98	0.97	0.57	0.97	0.91	0.96	0.98	0.91	0.29	0.98	0.36	0.8	0.91	0.19		0.76	0.41	-0.59	0.99	0.87	0.51	0.83	0.83	0.96	0.65	-0.54
Inventory	0.83	0.69	0.9	0.86	0.82	0.89	0.73	0.73	-0.07	0.8	0.13	0.47	0.6	0.41	0.76		0.73	-0.23	0.82	0.62	0.38	0.76	0.81	0.87	0.39	-0.28
Other Current Assets	0.46	0.38	0.75	0.51	0.37	0.52	0.31	0.24	0.22	0.39	-0.18	0.22	0.24	0.5	0.41	0.73		0.29	0.47	0.37	0.3	0.54	0.58	0.51	0.14	0.23
Other Stockholder Equity	-0.6	-0.59	-0.11	-0.52	-0.65	-0.55	-0.66	-0.76	0.1	-0.65	-0.21	-0.42	-0.64	0.2	-0.59	-0.23	0.29		-0.57	-0.41	-0.02	-0.28	-0.37	-0.53	-0.35	0.5
Total Liab	0.99	0.97	0.63	0.99	0.91	0.97	0.96	0.89	0.26	0.98	0.24	0.81	0.89	0.26	0.99	0.82	0.47	-0.57		0.89	0.53	0.86	0.85	0.97	0.66	-0.44
Total Current Assets	0.86	0.9	0.44	0.88	0.72	0.79	0.84	0.7	0.45	0.81	0.18	0.98	0.89	0.38	0.87	0.62	0.37	-0.41	0.89		0.66	0.85	0.64	0.81	0.86	-0.34
Short Term Debt	0.47	0.59	0.33	0.53	0.25	0.42	0.47	0.22	0.58	0.4	0.08	0.67	0.42	0.11	0.51	0.38	0.3	-0.02	0.53	0.66		0.71	0.37	0.45	0.46	-0.08
Intangible Assets	0.82	0.85	0.67	0.88	0.65	0.79	0.82	0.6	0.32	0.76	0.2	0.77	0.73	0.11	0.83	0.76	0.54	-0.28	0.86	0.85	0.71		0.84	0.88	0.61	-0.32
Accounts Payable	0.84	0.78	0.67	0.86	0.78	0.86	0.82	0.73	0.06	0.83	0.22	0.52	0.67	0.02	0.83	0.81	0.58	-0.37	0.85	0.64	0.37	0.84		0.92	0.44	-0.35
Current Deferred Revenue	0.98	0.91	0.7	0.98	0.92	0.97	0.94	0.89	0.12	0.96	0.26	0.71	0.85	0.19	0.96	0.87	0.51	-0.53	0.97	0.81	0.45	0.88	0.92		0.59	-0.46
Short Term Investments	0.65	0.67	0.15	0.65	0.56	0.56	0.63	0.55	0.32	0.62	0.17	0.89	0.73	0.49	0.65	0.39	0.14	-0.35	0.66	0.86	0.46	0.61	0.44	0.59		-0.3
Common Stock	-0.48	-0.43	-0.2	-0.45	-0.57	-0.46	-0.6	-0.61	0.1	-0.53	-0.92	-0.34	-0.55	0.14	-0.54	-0.28	0.23	0.5	-0.44	-0.34	-0.08	-0.32	-0.35	-0.46	-0.3

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Alaska Air Account Relationship Matchups

Alaska Air fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.2B	15.0B	15.3B	15.8B	18.2B	19.1B
Short Long Term Debt Total	5.1B	4.1B	3.8B	3.8B	4.4B	4.6B
Other Current Liab	941M	1.1B	1.5B	3.7B	4.3B	4.5B
Total Current Liabilities	4.3B	4.0B	4.5B	4.5B	5.1B	5.4B
Total Stockholder Equity	3.0B	3.8B	3.8B	4.1B	4.7B	5.0B
Property Plant And Equipment Net	7.6B	7.6B	8.7B	9.6B	11.0B	11.6B
Net Debt	3.7B	3.6B	3.4B	3.5B	4.1B	4.3B
Retained Earnings	3.8B	4.2B	4.3B	4.5B	5.2B	5.5B
Cash	1.4B	470M	338M	281M	323.2M	280.5M
Non Current Assets Total	11.2B	11.0B	12.3B	11.9B	13.7B	14.4B
Non Currrent Assets Other	359M	362M	331M	290M	333.5M	350.2M
Cash And Short Term Investments	3.3B	3.1B	2.4B	1.8B	2.1B	2.2B
Net Receivables	480M	546M	296M	383M	440.5M	462.5M
Common Stock Shares Outstanding	123.5M	126.8M	127.9M	128.7M	148.0M	118.0M
Liabilities And Stockholders Equity	15.2B	15.0B	15.3B	14.6B	16.8B	17.6B
Non Current Liabilities Total	7.9B	7.2B	7.0B	7.3B	8.4B	8.8B
Other Current Assets	123M	196M	215M	409M	470.4M	493.9M
Other Stockholder Equity	(283M)	(180M)	(97M)	(124M)	(111.6M)	(106.0M)
Total Liab	12.2B	11.2B	11.5B	11.7B	13.5B	14.2B
Total Current Assets	4.0B	3.9B	3.0B	2.7B	3.1B	3.3B
Accumulated Other Comprehensive Income	(494M)	(262M)	(388M)	(299M)	(269.1M)	(282.6M)
Short Term Debt	1.4B	640M	504M	511M	587.7M	617.0M
Intangible Assets	2.1B	2.0B	2.0B	2.0B	2.3B	2.5B
Accounts Payable	108M	200M	221M	207M	238.1M	250.0M
Current Deferred Revenue	1.8B	2.1B	2.3B	2.4B	2.7B	2.8B
Short Term Investments	2.0B	2.6B	2.1B	1.5B	1.7B	1.0B
Other Assets	962M	780M	1.0B	1.2B	1.4B	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
Property Plant Equipment	8.1B	7.0B	7.2B	8.1B	9.3B	7.8B

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Alaska Change In Cash vs Net Borrowings Analysis

Change In Cash vs Net Borrowings

Change In Cash vs Net Borrowings Correlation Analysis

Correlation Coefficient

Change In Cash

Net Borrowings

Alaska Air fundamental ratios Correlations

Alaska Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alaska Air fundamental ratios Accounts

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Additional Tools for Alaska Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity

Common Stock	- 0.92	Non Currrent Assets Other
Other Stockholder Equity	- 0.76	Retained Earnings
Other Stockholder Equity	- 0.66	Net Debt
Other Stockholder Equity	- 0.65	Non Current Assets Total
Other Stockholder Equity	- 0.65	Total Stockholder Equity
Other Stockholder Equity	- 0.64	Net Receivables