Alaska Property Plant And Equipment Net vs Other Stockholder Equity Analysis

0HC3 Stock   52.80  0.37  0.70%   
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 Property Plant And Equipment Net and its Other Stockholder Equity 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.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Air Group Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alaska Air's Property Plant And Equipment Net and Other Stockholder Equity is -0.61. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity 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 Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Alaska Air Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Alaska Air's Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

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 2024, whereas Tax Provision is likely to drop slightly above 74.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue6.2B9.6B10.4B10.9B
Depreciation And Amortization394M415M451M473.6M

Alaska Air fundamental ratios Correlations

0.940.510.990.940.980.960.920.220.990.260.660.890.220.980.780.29-0.640.990.710.430.770.710.970.69-0.49
0.940.370.940.790.890.960.80.430.920.210.750.870.090.970.620.23-0.620.970.780.570.820.670.90.7-0.42
0.510.370.570.50.590.430.41-0.160.450.070.00.320.230.430.840.64-0.10.490.070.260.560.230.570.09-0.17
0.990.940.570.890.970.940.860.270.960.250.680.860.230.970.820.35-0.560.990.720.50.850.710.980.7-0.46
0.940.790.50.890.950.880.98-0.060.960.340.490.830.250.890.770.17-0.690.890.550.180.560.630.90.59-0.58
0.980.890.590.970.950.920.930.140.980.260.550.820.240.950.850.35-0.610.970.60.380.730.690.960.6-0.48
0.960.960.430.940.880.920.890.210.950.370.660.880.010.970.660.13-0.70.960.690.440.780.710.930.65-0.61
0.920.80.410.860.980.930.89-0.030.950.370.510.840.160.890.680.05-0.80.880.550.150.520.610.870.57-0.62
0.220.43-0.160.27-0.060.140.21-0.030.170.050.530.280.160.34-0.060.270.10.310.50.60.370.120.150.330.1
0.990.920.450.960.960.980.950.950.170.310.620.870.180.980.750.22-0.690.970.660.350.70.720.960.65-0.53
0.260.210.070.250.340.260.370.370.050.310.160.34-0.150.360.11-0.26-0.210.230.140.060.180.210.260.16-0.92
0.660.750.00.680.490.550.660.510.530.620.160.760.340.690.280.0-0.380.70.990.60.650.510.580.94-0.28
0.890.870.320.860.830.820.880.840.280.870.340.760.190.890.520.08-0.660.880.790.380.690.560.830.76-0.54
0.220.090.230.230.250.240.010.160.160.18-0.150.340.190.130.380.470.230.20.390.070.01-0.070.110.460.18
0.980.970.430.970.890.950.970.890.340.980.360.690.890.130.70.24-0.630.990.730.480.790.720.950.68-0.55
0.780.620.840.820.770.850.660.68-0.060.750.110.280.520.380.70.61-0.240.770.360.320.690.540.830.41-0.27
0.290.230.640.350.170.350.130.050.270.22-0.260.00.080.470.240.610.380.310.080.230.40.240.350.10.34
-0.64-0.62-0.1-0.56-0.69-0.61-0.7-0.80.1-0.69-0.21-0.38-0.660.23-0.63-0.240.38-0.61-0.380.0-0.29-0.4-0.57-0.340.5
0.990.970.490.990.890.970.960.880.310.970.230.70.880.20.990.770.31-0.610.740.50.820.710.970.7-0.44
0.710.780.070.720.550.60.690.550.50.660.140.990.790.390.730.360.08-0.380.740.570.670.560.630.95-0.28
0.430.570.260.50.180.380.440.150.60.350.060.60.380.070.480.320.230.00.50.570.70.270.410.46-0.06
0.770.820.560.850.560.730.780.520.370.70.180.650.690.010.790.690.4-0.290.820.670.70.680.840.63-0.3
0.710.670.230.710.630.690.710.610.120.720.210.510.56-0.070.720.540.24-0.40.710.560.270.680.780.59-0.32
0.970.90.570.980.90.960.930.870.150.960.260.580.830.110.950.830.35-0.570.970.630.410.840.780.63-0.46
0.690.70.090.70.590.60.650.570.330.650.160.940.760.460.680.410.1-0.340.70.950.460.630.590.63-0.29
-0.49-0.42-0.17-0.46-0.58-0.48-0.61-0.620.1-0.53-0.92-0.28-0.540.18-0.55-0.270.340.5-0.44-0.28-0.06-0.3-0.32-0.46-0.29
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Alaska Air Account Relationship Matchups

Alaska Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0B15.2B15.0B15.3B15.8B16.6B
Short Long Term Debt Total3.2B5.1B4.1B3.8B3.8B4.0B
Other Current Liab896M941M1.1B1.5B3.7B3.9B
Total Current Liabilities3.2B4.3B4.0B4.5B4.5B4.7B
Total Stockholder Equity4.3B3.0B3.8B3.8B4.1B4.3B
Property Plant And Equipment Net8.6B7.6B7.6B8.7B9.6B10.1B
Net Debt3.0B3.7B3.6B3.4B3.5B3.7B
Retained Earnings5.1B3.8B4.2B4.3B4.5B4.8B
Cash221M1.4B470M338M281M280.5M
Non Current Assets Total12.0B11.2B11.0B12.3B11.9B12.5B
Non Currrent Assets Other262M359M362M331M290M304.5M
Cash And Short Term Investments1.5B3.3B3.1B2.4B1.8B967.3M
Net Receivables323M480M546M296M383M402.2M
Common Stock Shares Outstanding124.3M123.5M126.8M127.9M128.7M118.0M
Liabilities And Stockholders Equity14.0B15.2B15.0B15.3B14.6B15.3B
Non Current Liabilities Total6.5B7.9B7.2B7.0B7.3B7.6B
Other Current Assets120M123M196M215M409M429.5M
Other Stockholder Equity(338M)(283M)(180M)(97M)(124M)(117.8M)
Total Liab9.7B12.2B11.2B11.5B11.7B12.3B
Total Current Assets2.0B4.0B3.9B3.0B2.7B1.4B
Accumulated Other Comprehensive Income(465M)(494M)(262M)(388M)(299M)(314.0M)
Short Term Debt509M1.4B640M504M511M536.6M
Intangible Assets122M2.1B2.0B2.0B2.0B2.1B
Accounts Payable146M108M200M221M207M113.9M
Current Deferred Revenue1.7B1.8B2.1B2.3B2.4B2.5B
Short Term Investments1.3B2.0B2.6B2.1B1.5B1.0B
Other Assets809M962M780M1.0B1.2B882.7M
Other Liab2.8B3.1B2.7B2.6B3.0B3.0B
Net Tangible Assets2.3B938M1.8B1.8B2.0B1.8B
Long Term Debt1.6B1.3B2.4B2.2B2.5B2.1B
Capital Surpluse232M305M391M494M568.1M348.9M
Property Plant Equipment8.1B7.0B7.2B8.1B9.3B7.8B

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