American Price To Sales Ratio vs Payables Turnover Analysis
AAL Stock | USD 14.52 0.12 0.82% |
American Airlines financial indicator trend analysis is way more than just evaluating American Airlines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Airlines is a good investment. Please check the relationship between American Airlines Price To Sales Ratio and its Payables Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Airlines 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 nation.
Price To Sales Ratio vs Payables Turnover
Price To Sales Ratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Airlines Price To Sales Ratio account and Payables Turnover. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Airlines' Price To Sales Ratio and Payables Turnover is 0.54. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of American Airlines Group, assuming nothing else is changed. The correlation between historical values of American Airlines' Price To Sales Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of American Airlines Group are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Price To Sales Ratio i.e., American Airlines' Price To Sales Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing American Airlines stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on American Airlines sales, a figure that is much harder to manipulate than other American Airlines Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from American Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Airlines 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 American Airlines 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 nation. At this time, American Airlines' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.54 this year, although the value of Selling General Administrative will most likely fall to about 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1B | 7.2B | 8.8B | 8.5B | Cost Of Revenue | 29.9B | 39.9B | 41.0B | 43.0B |
American Airlines fundamental ratios Correlations
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American Airlines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Airlines fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 60.0B | 62.0B | 66.5B | 64.7B | 63.1B | 34.1B | |
Short Long Term Debt Total | 33.4B | 39.3B | 44.5B | 42.0B | 40.7B | 42.7B | |
Other Current Liab | 3.7B | 11.0B | 13.4B | 14.8B | 5.2B | 4.2B | |
Total Current Liabilities | 18.3B | 16.6B | 19.0B | 21.5B | 22.1B | 23.2B | |
Total Stockholder Equity | (118M) | (6.9B) | (7.3B) | (5.8B) | (5.2B) | (4.9B) | |
Property Plant And Equipment Net | 43.7B | 38.3B | 36.9B | 37.7B | 38.7B | 21.3B | |
Net Debt | 33.2B | 39.0B | 44.2B | 41.6B | 40.1B | 42.1B | |
Retained Earnings | 2.3B | (6.7B) | (8.6B) | (8.5B) | (7.7B) | (7.3B) | |
Cash | 280M | 245M | 273M | 440M | 578M | 606.9M | |
Non Current Assets Total | 51.8B | 50.9B | 49.1B | 49.4B | 49.5B | 26.9B | |
Non Currrent Assets Other | 1.0B | 6.3B | 5.9B | 5.0B | 2.6B | 2.8B | |
Cash And Short Term Investments | 3.8B | 6.9B | 13.3B | 9.8B | 7.6B | 4.0B | |
Net Receivables | 1.8B | 1.3B | 1.5B | 2.1B | 2.0B | 1.3B | |
Common Stock Shares Outstanding | 444.3M | 483.9M | 644.0M | 655.1M | 719.7M | 755.7M | |
Liabilities And Stockholders Equity | 60.0B | 62.0B | 66.5B | 64.7B | 63.1B | 34.1B | |
Non Current Liabilities Total | 41.8B | 52.3B | 54.8B | 49.0B | 46.2B | 23.1B | |
Inventory | 1.9B | 1.6B | 1.8B | 2.3B | 2.4B | 2.5B | |
Other Current Assets | 779M | 1.9B | 1.6B | 1.9B | 1.6B | 855.3M | |
Other Stockholder Equity | 3.9B | 6.9B | 7.2B | 7.3B | 7.4B | 5.5B | |
Total Liab | 60.1B | 68.9B | 73.8B | 70.5B | 68.3B | 71.7B | |
Total Current Assets | 8.2B | 11.1B | 17.3B | 15.3B | 13.6B | 7.3B | |
Accumulated Other Comprehensive Income | (6.3B) | (7.1B) | (5.9B) | (4.6B) | (4.9B) | (5.1B) | |
Short Term Debt | 4.6B | 4.3B | 3.8B | 4.5B | 4.8B | 5.1B | |
Accounts Payable | 2.1B | 1.2B | 1.8B | 2.1B | 2.4B | 1.4B | |
Current Deferred Revenue | 8.0B | 6.8B | 9.0B | 9.9B | 9.7B | 10.1B | |
Short Term Investments | 3.5B | 6.6B | 13.0B | 9.4B | 7.8B | 4.7B | |
Intangible Assets | 2.1B | 2.0B | 2.0B | 2.1B | 2.1B | 1.7B | |
Long Term Debt | 21.5B | 29.8B | 35.6B | 32.4B | 29.3B | 18.7B | |
Long Term Debt Total | 21.5B | 29.8B | 35.6B | 32.4B | 37.2B | 39.1B | |
Other Liab | 12.9B | 15.7B | 12.6B | 10.1B | 9.1B | 10.4B | |
Net Tangible Assets | (6.3B) | (13.0B) | (13.4B) | (5.8B) | (5.2B) | (5.5B) | |
Other Assets | 3.4B | 6.3B | 6.2B | 5.4B | 6.2B | 5.5B | |
Capital Lease Obligations | 9.1B | 8.4B | 8.1B | 8.0B | 7.8B | 6.8B | |
Net Invested Capital | 24.2B | 25.7B | 30.7B | 29.9B | 27.7B | 29.8B | |
Short Long Term Debt | 2.9B | 2.8B | 2.5B | 3.3B | 3.6B | 3.4B | |
Non Current Liabilities Other | 1.5B | 1.5B | 1.3B | 1.3B | 1.6B | 1.6B | |
Net Working Capital | (10.1B) | (5.5B) | (1.7B) | (6.2B) | (8.5B) | (8.9B) |
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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 American Airlines. If investors know American 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 American Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 0.42 | Revenue Per Share 81.697 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0275 |
The market value of American Airlines is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Airlines' value that differs from its market value or its book value, called intrinsic value, which is American 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 American Airlines' market value can be influenced by many factors that don't directly affect American 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 American Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American 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.