LATAM Historical Balance Sheet
| LTM Stock | USD 27.81 0.08 0.29% |
Trend analysis of LATAM Airlines Group balance sheet accounts such as Other Current Liab of 1.5 B provides information on LATAM Airlines' total assets, liabilities, and equity, which is the actual value of LATAM Airlines Group to its prevalent stockholders. By breaking down trends over time using LATAM Airlines balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining LATAM Airlines Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LATAM Airlines Group is a good buy for the upcoming year.
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About LATAM Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of LATAM Airlines Group at a specified time, usually calculated after every quarter, six months, or one year. LATAM Airlines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of LATAM Airlines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which LATAM currently owns. An asset can also be divided into two categories, current and non-current.
LATAM Airlines Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of LATAM Airlines assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in LATAM Airlines Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on LATAM Airlines balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LATAM Airlines Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Capital Lease Obligations
LATAM Airlines Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to LATAM Airlines asset purchases. For example, LATAM Airlines can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as LATAM Airlines control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from LATAM Airlines' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into LATAM Airlines Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LATAM 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 estimate. At this time, LATAM Airlines' Intangible Assets are very stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 10.5B | 6.9B | 7.0B | 7.1B | Total Assets | 13.3B | 13.2B | 14.7B | 11.4B |
LATAM Airlines balance sheet Correlations
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LATAM Airlines Account Relationship Matchups
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LATAM 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 estimate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.