Air Current Deferred Revenue vs Net Debt Analysis

AIZ Stock

0.51 0.01 2.00%

Air New financial indicator trend analysis is way more than just evaluating Air New Zealand prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air New Zealand is a good investment. Please check the relationship between Air New Current Deferred Revenue and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air New Zealand. 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.

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air New Zealand Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Air New's Current Deferred Revenue and Net Debt is 0.35. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Air New Zealand, assuming nothing else is changed. The correlation between historical values of Air New's Current Deferred Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Air New Zealand are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., Air New's Current Deferred Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Air New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air New Zealand 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 Air New Zealand. 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.

Tax Provision is likely to gain to about 79.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 B in 2024.

	2021	2022	2024 (projected)
Interest Expense	94M	164M	108.4M
Depreciation And Amortization	668M	695M	450.1M

Interest Expense Depreciation And Amortization

Air New fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.82	0.87	0.96	0.14	0.87	0.89	0.67	0.65	-0.02	0.86	-0.05	0.63	-0.05	-0.6	0.6	0.53	0.62	0.31	-0.41	0.63	-0.72	0.98	0.69	0.67	0.59
Short Long Term Debt Total	0.82		0.64	0.71	-0.36	0.92	0.52	0.89	0.36	-0.16	0.89	-0.23	0.19	-0.27	-0.46	0.42	0.28	0.24	0.2	-0.54	0.4	-0.69	0.91	0.67	0.2	0.85
Other Current Liab	0.87	0.64		0.77	0.26	0.74	0.79	0.56	0.35	-0.08	0.7	-0.2	0.7	-0.17	-0.68	0.68	0.39	0.63	0.15	-0.27	0.41	-0.54	0.82	0.43	0.66	0.3
Total Current Liabilities	0.96	0.71	0.77		0.2	0.74	0.95	0.52	0.79	0.1	0.76	0.14	0.68	-0.02	-0.55	0.58	0.65	0.7	0.38	-0.29	0.72	-0.76	0.92	0.76	0.75	0.57
Total Stockholder Equity	0.14	-0.36	0.26	0.2		-0.18	0.38	-0.31	0.38	0.01	-0.17	0.18	0.58	0.61	0.14	-0.08	0.14	0.47	0.04	-0.05	0.23	0.15	-0.08	-0.18	0.64	-0.51
Property Plant And Equipment Net	0.87	0.92	0.74	0.74	-0.18		0.58	0.8	0.42	-0.1	0.98	-0.39	0.21	-0.2	-0.58	0.56	0.28	0.3	0.23	-0.6	0.42	-0.61	0.91	0.6	0.22	0.74
Current Deferred Revenue	0.89	0.52	0.79	0.95	0.38	0.58		0.35	0.75	0.11	0.6	0.21	0.82	0.06	-0.56	0.6	0.63	0.72	0.32	-0.11	0.62	-0.61	0.81	0.59	0.87	0.3
Net Debt	0.67	0.89	0.56	0.52	-0.31	0.8	0.35		0.14	-0.56	0.7	-0.48	0.18	-0.31	-0.36	0.27	-0.04	0.1	-0.2	-0.63	0.18	-0.61	0.75	0.41	0.12	0.75
Accounts Payable	0.65	0.36	0.35	0.79	0.38	0.42	0.75	0.14		0.22	0.52	0.33	0.42	0.39	-0.09	0.19	0.58	0.54	0.42	-0.21	0.66	-0.5	0.57	0.6	0.58	0.37
Cash	-0.02	-0.16	-0.08	0.1	0.01	-0.1	0.11	-0.56	0.22		0.02	0.66	-0.04	0.17	-0.05	0.11	0.7	0.34	0.88	0.33	0.47	-0.02	-0.02	0.44	0.11	-0.09
Non Current Assets Total	0.86	0.89	0.7	0.76	-0.17	0.98	0.6	0.7	0.52	0.02		-0.28	0.16	-0.11	-0.52	0.54	0.35	0.32	0.33	-0.52	0.46	-0.61	0.9	0.64	0.22	0.71
Non Currrent Assets Other	-0.05	-0.23	-0.2	0.14	0.18	-0.39	0.21	-0.48	0.33	0.66	-0.28		0.23	0.34	0.32	-0.27	0.59	0.34	0.63	0.38	0.37	-0.1	-0.09	0.37	0.36	-0.15
Cash And Short Term Investments	0.63	0.19	0.7	0.68	0.58	0.21	0.82	0.18	0.42	-0.04	0.16	0.23		-0.04	-0.49	0.48	0.48	0.73	0.07	0.05	0.47	-0.41	0.5	0.3	0.97	0.0
Net Receivables	-0.05	-0.27	-0.17	-0.02	0.61	-0.2	0.06	-0.31	0.39	0.17	-0.11	0.34	-0.04		0.63	-0.57	0.05	0.08	0.27	-0.18	0.12	0.22	-0.19	-0.09	0.14	-0.38
Good Will	-0.6	-0.46	-0.68	-0.55	0.14	-0.58	-0.56	-0.36	-0.09	-0.05	-0.52	0.32	-0.49	0.63		-0.97	-0.39	-0.41	-0.06	-0.08	-0.32	0.43	-0.63	-0.35	-0.4	-0.32
Common Stock Total Equity	0.6	0.42	0.68	0.58	-0.08	0.56	0.6	0.27	0.19	0.11	0.54	-0.27	0.48	-0.57	-0.97		0.4	0.42	0.08	0.16	0.33	-0.4	0.63	0.33	0.43	0.28
Common Stock Shares Outstanding	0.53	0.28	0.39	0.65	0.14	0.28	0.63	-0.04	0.58	0.7	0.35	0.59	0.48	0.05	-0.39	0.4		0.75	0.74	0.18	0.83	-0.54	0.51	0.79	0.61	0.24
Short Term Investments	0.62	0.24	0.63	0.7	0.47	0.3	0.72	0.1	0.54	0.34	0.32	0.34	0.73	0.08	-0.41	0.42	0.75		0.44	-0.05	0.85	-0.69	0.52	0.66	0.8	0.15
Non Current Liabilities Total	0.31	0.2	0.15	0.38	0.04	0.23	0.32	-0.2	0.42	0.88	0.33	0.63	0.07	0.27	-0.06	0.08	0.74	0.44		-0.08	0.62	-0.25	0.31	0.67	0.23	0.19
Inventory	-0.41	-0.54	-0.27	-0.29	-0.05	-0.6	-0.11	-0.63	-0.21	0.33	-0.52	0.38	0.05	-0.18	-0.08	0.16	0.18	-0.05	-0.08		-0.19	0.3	-0.4	-0.28	0.04	-0.5
Other Current Assets	0.63	0.4	0.41	0.72	0.23	0.42	0.62	0.18	0.66	0.47	0.46	0.37	0.47	0.12	-0.32	0.33	0.83	0.85	0.62	-0.19		-0.72	0.58	0.84	0.62	0.46
Other Stockholder Equity	-0.72	-0.69	-0.54	-0.76	0.15	-0.61	-0.61	-0.61	-0.5	-0.02	-0.61	-0.1	-0.41	0.22	0.43	-0.4	-0.54	-0.69	-0.25	0.3	-0.72		-0.76	-0.86	-0.44	-0.71
Total Liab	0.98	0.91	0.82	0.92	-0.08	0.91	0.81	0.75	0.57	-0.02	0.9	-0.09	0.5	-0.19	-0.63	0.63	0.51	0.52	0.31	-0.4	0.58	-0.76		0.74	0.53	0.71
Property Plant And Equipment Gross	0.69	0.67	0.43	0.76	-0.18	0.6	0.59	0.41	0.6	0.44	0.64	0.37	0.3	-0.09	-0.35	0.33	0.79	0.66	0.67	-0.28	0.84	-0.86	0.74		0.4	0.71
Total Current Assets	0.67	0.2	0.66	0.75	0.64	0.22	0.87	0.12	0.58	0.11	0.22	0.36	0.97	0.14	-0.4	0.43	0.61	0.8	0.23	0.04	0.62	-0.44	0.53	0.4		0.03
Short Term Debt	0.59	0.85	0.3	0.57	-0.51	0.74	0.3	0.75	0.37	-0.09	0.71	-0.15	0.0	-0.38	-0.32	0.28	0.24	0.15	0.19	-0.5	0.46	-0.71	0.71	0.71	0.03

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Air New Account Relationship Matchups

Air New fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	6.7B	8.4B	9.2B	8.5B	6.7B
Short Long Term Debt Total	3.7B	3.3B	3.4B	3.3B	2.8B	2.3B
Other Current Liab	402M	427M	232M	461M	431M	342.6M
Total Current Liabilities	2.1B	2.4B	3.2B	3.8B	3.6B	2.3B
Total Stockholder Equity	1.3B	1.1B	1.7B	2.1B	2.0B	1.8B
Property Plant And Equipment Net	5.7B	5.1B	4.8B	4.9B	5.1B	4.0B
Current Deferred Revenue	828M	689M	1.6B	2.1B	1.8B	966.2M
Net Debt	3.6B	3.3B	3.3B	3.2B	1.5B	1.7B
Accounts Payable	322M	524M	497M	780M	849M	430.7M
Cash	130M	44M	73M	103M	1.3B	1.3B
Non Current Assets Total	6.0B	5.4B	5.1B	5.3B	6.1B	4.5B
Non Currrent Assets Other	(6.0B)	(5.4B)	(164M)	(8M)	462M	485.1M
Cash And Short Term Investments	438M	266M	1.8B	2.2B	1.3B	1.2B
Net Receivables	336M	192M	313M	422M	457M	374.2M
Short Term Investments	308M	222M	1.7B	2.1B	2.4B	2.6B
Liabilities And Stockholders Equity	7.5B	6.7B	8.4B	9.2B	8.5B	6.7B
Non Current Liabilities Total	1.3B	1.0B	1.6B	1.5B	2.9B	3.1B
Inventory	106M	92M	98M	119M	131M	113.0M
Other Current Assets	129M	276M	293M	501M	573M	601.7M
Other Stockholder Equity	(122M)	(1.1B)	(1.7B)	(1.3B)	(1.1B)	(1.1B)
Total Liab	6.2B	5.6B	6.7B	7.1B	6.5B	4.9B
Property Plant And Equipment Gross	5.7B	8.5B	8.8B	9.5B	10.2B	10.7B
Total Current Assets	1.0B	826M	2.5B	3.3B	2.4B	2.0B
Accumulated Other Comprehensive Income	(891M)	(1.1B)	(1.7B)	(1.3B)	(1.4B)	(1.3B)
Short Term Debt	525M	908M	590M	545M	488M	395.1M
Retained Earnings	(757M)	(1.0B)	(1.6B)	(1.2B)	(1.1B)	(1.1B)
Other Assets	493M	434M	708M	616M	708.4M	386.6M
Other Liab	935M	835M	724M	490M	563.5M	732.2M
Net Tangible Assets	1.1B	926M	1.5B	1.9B	1.7B	1.3B
Long Term Debt	1.3B	1.0B	1.6B	1.5B	1.2B	1.2B
Long Term Investments	162M	138M	164M	190M	205M	210.8M
Short Long Term Debt	172M	525M	248M	193M	157M	273.2M
Property Plant Equipment	5.7B	5.1B	4.8B	4.9B	5.7B	5.2B
Long Term Debt Total	2.3B	2.3B	3.2B	2.4B	2.8B	2.7B
Capital Lease Obligations	2.2B	1.8B	1.5B	1.7B	1.4B	1.7B

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