Delta Other Operating Expenses vs Total Other Income Expense Net Analysis
| DAL Stock | USD 63.48 0.71 1.13% |
Delta Air financial indicator trend analysis is much more than just examining Delta Air Lines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delta Air Lines is a good investment. Please check the relationship between Delta Air Other Operating Expenses and its Total Other Income Expense Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Other Operating Expenses vs Total Other Income Expense Net
Other Operating Expenses vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Air Lines Other Operating Expenses account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Delta Air's Other Operating Expenses and Total Other Income Expense Net is 0.22. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Delta Air Lines, assuming nothing else is changed. The correlation between historical values of Delta Air's Other Operating Expenses and Total Other Income Expense Net 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 Operating Expenses of Delta Air Lines are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Other Operating Expenses i.e., Delta Air's Other Operating Expenses and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Delta Air Lines. It is also known as Delta Air overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Other Income Expense Net
Most indicators from Delta Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delta Air Lines 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Selling General Administrative is expected to rise to about 3.1 B this year, although the value of Tax Provision will most likely fall to about 731.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 1.0B | 834M | 1.0B | Depreciation And Amortization | 2.0B | 2.1B | 2.3B | 1.2B |
Delta Air fundamental ratios Correlations
Click cells to compare fundamentals
Delta Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Delta Air fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 64.5B | 72.1B | 72.5B | 72.3B | 73.6B | 77.3B | |
| Short Long Term Debt Total | 17.3B | 35.5B | 34.6B | 30.6B | 27.3B | 28.6B | |
| Other Current Liab | 10.6B | 8.2B | 11.5B | 13.6B | 13.6B | 14.2B | |
| Total Current Liabilities | 20.2B | 15.9B | 21.0B | 25.9B | 26.4B | 27.7B | |
| Total Stockholder Equity | 15.4B | 1.4B | 3.6B | 6.5B | 11.1B | 11.7B | |
| Property Plant And Equipment Net | 36.9B | 32.3B | 35.9B | 40.1B | 42.5B | 44.6B | |
| Net Debt | 14.4B | 27.2B | 26.7B | 27.3B | 24.5B | 25.8B | |
| Retained Earnings | 12.5B | (428M) | (148M) | 1.2B | 5.7B | 5.9B | |
| Cash | 2.9B | 8.3B | 7.9B | 3.3B | 2.7B | 2.3B | |
| Non Current Assets Total | 56.3B | 54.6B | 56.5B | 59.3B | 63.4B | 66.5B | |
| Non Currrent Assets Other | 4.4B | 2.9B | 1.8B | 907M | 784M | 744.8M | |
| Cash And Short Term Investments | 2.9B | 14.1B | 11.3B | 6.5B | 3.9B | 3.1B | |
| Net Receivables | 2.9B | 1.4B | 2.4B | 3.2B | 3.1B | 3.3B | |
| Common Stock Shares Outstanding | 694M | 653M | 636M | 641M | 643M | 416.1M | |
| Liabilities And Stockholders Equity | 64.5B | 72.1B | 72.5B | 72.3B | 73.6B | 77.3B | |
| Non Current Liabilities Total | 28.9B | 54.8B | 47.9B | 39.9B | 36.1B | 20.9B | |
| Inventory | 1.3B | 732M | 1.1B | 1.4B | 1.3B | 1.4B | |
| Other Current Assets | 1.3B | 1.2B | 1.1B | 1.9B | 2.0B | 2.1B | |
| Other Stockholder Equity | 11.0B | 11B | 11.2B | 11.2B | 11.3B | 7.7B | |
| Total Liab | 49.1B | 70.7B | 68.8B | 65.8B | 62.5B | 65.7B | |
| Property Plant And Equipment Gross | 36.9B | 32.3B | 35.9B | 40.1B | 64.2B | 67.4B | |
| Total Current Assets | 8.2B | 17.4B | 15.9B | 13.0B | 10.3B | 6.2B | |
| Accumulated Other Comprehensive Income | (8.0B) | (9.0B) | (7.1B) | (5.8B) | (5.8B) | (6.1B) | |
| Intangible Assets | 5.2B | 6.0B | 6.0B | 6.0B | 6.0B | 3.1B | |
| Accounts Payable | 3.3B | 2.8B | 4.2B | 5.1B | 4.4B | 2.4B | |
| Short Term Investments | 12M | 5.8B | 3.4B | 3.3B | 1.1B | 953.5M | |
| Common Stock | 15.4B | 1.4B | 3.6B | 652K | 749.8K | 712.3K | |
| Other Liab | 14.8B | 21.6B | 15.7B | 12.2B | 14.1B | 15.8B | |
| Other Assets | 4.3B | 5.0B | 3.1B | 1.2B | 1.4B | 2.6B | |
| Long Term Debt | 8.9B | 27.4B | 25.1B | 20.7B | 17.1B | 12.9B | |
| Treasury Stock | (198M) | (236M) | (259M) | (282M) | (360.0M) | (377.9M) | |
| Property Plant Equipment | 35.9B | 32.3B | 35.9B | 40.1B | 46.2B | 24.5B | |
| Current Deferred Revenue | 3.2B | 1.8B | 2.7B | 3.4B | 3.9B | 2.3B | |
| Net Tangible Assets | 414M | (14.2B) | (12.1B) | (9.2B) | (8.2B) | (7.8B) | |
| Retained Earnings Total Equity | 12.5B | (428M) | (148M) | 1.2B | 1.3B | 2.5B | |
| Long Term Debt Total | 8.9B | 27.4B | 25.1B | 20.7B | 23.8B | 13.9B | |
| Capital Surpluse | 11.1B | 11.3B | 11.4B | 11.5B | 10.4B | 9.9B |
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 Delta Air. If investors know Delta 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 Delta Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.145 | Dividend Share 0.5 | Earnings Share 7.21 | Revenue Per Share 94.267 | Quarterly Revenue Growth 0.012 |
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's 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 Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's 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 Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's 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.