Alaska Other Current Liab vs Short Long Term Debt Total Analysis

0HC3 Stock   52.65  0.15  0.28%   
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 Other Current Liab and its Short Long Term Debt Total 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.

Other Current Liab vs Short Long Term Debt Total

Other Current Liab vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Air Group Other Current Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Alaska Air's Other Current Liab and Short Long Term Debt Total is 0.37. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Long Term Debt Total 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 Other Current Liab and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Alaska Air Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Current Liab i.e., Alaska Air's Other Current Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Short Long Term Debt Total

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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Alaska Stock Analysis

When running Alaska Air's price analysis, check to measure Alaska Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.