Latam Airlines Group Stock Current Asset
LTM Stock | USD 26.86 0.85 3.07% |
LATAM Airlines Group fundamentals help investors to digest information that contributes to LATAM Airlines' financial success or failures. It also enables traders to predict the movement of LATAM Stock. The fundamental analysis module provides a way to measure LATAM Airlines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LATAM Airlines stock.
As of the 22nd of November 2024, Non Current Assets Total is likely to drop to about 8.7 B. In addition to that, Other Current Assets is likely to drop to about 754.6 M. LATAM | Current Asset |
LATAM Airlines Group Company Current Asset Analysis
LATAM Airlines' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current LATAM Airlines Current Asset | 108.74 M |
Most of LATAM Airlines' fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LATAM Airlines Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
LATAM Current Asset Historical Pattern
Today, most investors in LATAM Airlines Stock are looking for potential investment opportunities by analyzing not only static indicators but also various LATAM Airlines' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of LATAM Airlines current asset as a starting point in their analysis.
LATAM Airlines Current Asset |
Timeline |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition |
LATAM Total Assets
Total Assets |
|
In accordance with the recently published financial statements, LATAM Airlines Group has a Current Asset of 108.74 M. This is 91.0% lower than that of the Passenger Airlines sector and 96.93% lower than that of the Industrials industry. The current asset for all United States stocks is 98.84% higher than that of the company.
LATAM Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LATAM Airlines' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LATAM Airlines could also be used in its relative valuation, which is a method of valuing LATAM Airlines by comparing valuation metrics of similar companies.LATAM Airlines is currently under evaluation in current asset category among its peers.
LATAM Airlines ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, LATAM Airlines' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to LATAM Airlines' managers, analysts, and investors.Environmental | Governance | Social |
LATAM Fundamentals
Price To Earning | 10.10 X | ||||
Revenue | 11.64 B | ||||
EBITDA | 2.5 B | ||||
Net Income | 581.83 M | ||||
Cash And Equivalents | 1.49 B | ||||
Cash Per Share | 2.45 X | ||||
Total Debt | 7.04 B | ||||
Debt To Equity | 3.31 % | ||||
Current Ratio | 0.58 X | ||||
Book Value Per Share | 6.65 X | ||||
Cash Flow From Operations | 1.77 B | ||||
Earnings Per Share | 0.31 X | ||||
Price To Earnings To Growth | (0.19) X | ||||
Number Of Employees | 38.06 K | ||||
Beta | 1.97 | ||||
Market Capitalization | 1.83 B | ||||
Total Asset | 14.67 B | ||||
Retained Earnings | 464.41 M | ||||
Working Capital | (1.48 B) | ||||
Current Asset | 108.74 M | ||||
Current Liabilities | 200.55 M | ||||
Net Asset | 14.67 B | ||||
Last Dividend Paid | 0.094 |
About LATAM Airlines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LATAM Airlines Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LATAM Airlines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LATAM Airlines Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out LATAM Airlines Piotroski F Score and LATAM Airlines Altman Z Score analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.