Air Other Stockholder Equity vs Short Term 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 Other Stockholder Equity and its Short Term 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.
Other Stockholder Equity vs Short Term Debt
Other Stockholder Equity vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air New Zealand Other Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Air New's Other Stockholder Equity and Short Term Debt is -0.71. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term 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 Other Stockholder Equity and Short Term 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 Other Stockholder Equity of Air New Zealand are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Stockholder Equity i.e., Air New's Other Stockholder Equity and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Stockholder Equity
Short Term Debt
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 |
Air New fundamental ratios Correlations
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Air New Account Relationship Matchups
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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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