Delta Gross Profit vs Extraordinary Items Analysis
DAL Stock | USD 61.52 0.59 0.97% |
Delta Air financial indicator trend analysis is much more than just examining Delta Air Lines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delta Air Lines is a good investment. Please check the relationship between Delta Air Gross Profit and its Extraordinary Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. 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.
Gross Profit vs Extraordinary Items
Gross Profit vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Air Lines Gross Profit account and Extraordinary Items. At this time, the significance of the direction appears to have weak relationship.
The correlation between Delta Air's Gross Profit and Extraordinary Items is 0.33. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Delta Air Lines, assuming nothing else is changed. The correlation between historical values of Delta Air's Gross Profit and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Delta Air Lines are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Gross Profit i.e., Delta Air's Gross Profit and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Delta Air Lines minus its cost of goods sold. It is profit before Delta Air operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Extraordinary Items
Most indicators from Delta Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delta Air Lines 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. 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. Selling General Administrative is expected to rise to about 3.1 B this year, although the value of Tax Provision will most likely fall to about 731.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 1.0B | 834M | 1.0B | Depreciation And Amortization | 2.0B | 2.1B | 2.3B | 1.2B |
Delta Air fundamental ratios Correlations
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Delta Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Delta Air fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 64.5B | 72.1B | 72.5B | 72.3B | 73.6B | 77.3B | |
Short Long Term Debt Total | 17.3B | 35.5B | 34.6B | 30.6B | 27.3B | 28.6B | |
Other Current Liab | 10.6B | 8.2B | 11.5B | 13.6B | 13.6B | 14.2B | |
Total Current Liabilities | 20.2B | 15.9B | 21.0B | 25.9B | 26.4B | 27.7B | |
Total Stockholder Equity | 15.4B | 1.4B | 3.6B | 6.5B | 11.1B | 11.7B | |
Property Plant And Equipment Net | 36.9B | 32.3B | 35.9B | 40.1B | 42.5B | 44.6B | |
Net Debt | 14.4B | 27.2B | 26.7B | 27.3B | 24.5B | 25.8B | |
Retained Earnings | 12.5B | (428M) | (148M) | 1.2B | 5.7B | 5.9B | |
Cash | 2.9B | 8.3B | 7.9B | 3.3B | 2.7B | 2.3B | |
Non Current Assets Total | 56.3B | 54.6B | 56.5B | 59.3B | 63.4B | 66.5B | |
Non Currrent Assets Other | 4.4B | 2.9B | 1.8B | 907M | 784M | 744.8M | |
Cash And Short Term Investments | 2.9B | 14.1B | 11.3B | 6.5B | 3.9B | 3.1B | |
Net Receivables | 2.9B | 1.4B | 2.4B | 3.2B | 3.1B | 3.3B | |
Common Stock Shares Outstanding | 694M | 653M | 636M | 641M | 643M | 416.1M | |
Liabilities And Stockholders Equity | 64.5B | 72.1B | 72.5B | 72.3B | 73.6B | 77.3B | |
Non Current Liabilities Total | 28.9B | 54.8B | 47.9B | 39.9B | 36.1B | 20.9B | |
Inventory | 1.3B | 732M | 1.1B | 1.4B | 1.3B | 1.4B | |
Other Current Assets | 1.3B | 1.2B | 1.1B | 1.9B | 2.0B | 2.1B | |
Other Stockholder Equity | 11.0B | 11B | 11.2B | 11.2B | 11.3B | 7.7B | |
Total Liab | 49.1B | 70.7B | 68.8B | 65.8B | 62.5B | 65.7B | |
Property Plant And Equipment Gross | 36.9B | 32.3B | 35.9B | 40.1B | 64.2B | 67.4B | |
Total Current Assets | 8.2B | 17.4B | 15.9B | 13.0B | 10.3B | 6.2B | |
Accumulated Other Comprehensive Income | (8.0B) | (9.0B) | (7.1B) | (5.8B) | (5.8B) | (6.1B) | |
Intangible Assets | 5.2B | 6.0B | 6.0B | 6.0B | 6.0B | 3.1B | |
Accounts Payable | 3.3B | 2.8B | 4.2B | 5.1B | 4.4B | 2.4B | |
Short Term Investments | 12M | 5.8B | 3.4B | 3.3B | 1.1B | 953.5M | |
Common Stock | 15.4B | 1.4B | 3.6B | 652K | 749.8K | 712.3K | |
Other Liab | 14.8B | 21.6B | 15.7B | 12.2B | 14.1B | 15.8B | |
Other Assets | 4.3B | 5.0B | 3.1B | 1.2B | 1.4B | 2.6B | |
Long Term Debt | 8.9B | 27.4B | 25.1B | 20.7B | 17.1B | 12.9B | |
Treasury Stock | (198M) | (236M) | (259M) | (282M) | (360.0M) | (377.9M) | |
Property Plant Equipment | 35.9B | 32.3B | 35.9B | 40.1B | 46.2B | 24.5B | |
Current Deferred Revenue | 3.2B | 1.8B | 2.7B | 3.4B | 3.9B | 2.3B | |
Net Tangible Assets | 414M | (14.2B) | (12.1B) | (9.2B) | (8.2B) | (7.8B) | |
Retained Earnings Total Equity | 12.5B | (428M) | (148M) | 1.2B | 1.3B | 2.5B | |
Long Term Debt Total | 8.9B | 27.4B | 25.1B | 20.7B | 23.8B | 13.9B | |
Capital Surpluse | 11.1B | 11.3B | 11.4B | 11.5B | 10.4B | 9.9B |
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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 Delta Air. If investors know Delta 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 Delta Air 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 0.145 | Dividend Share 0.5 | Earnings Share 7.21 | Revenue Per Share 94.267 | Quarterly Revenue Growth 0.012 |
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's 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 Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's 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 Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's 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.