Delta Research Development vs Tax Provision 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 Research Development and its Tax Provision 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.

Research Development vs Tax Provision

Research Development vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Air Lines Research Development account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Delta Air's Research Development and Tax Provision is -0.71. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Tax Provision 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 Research Development and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Delta Air Lines are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Research Development i.e., Delta Air's Research Development and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Research Development

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 Expense1.3B1.0B834M1.0B
Depreciation And Amortization2.0B2.1B2.3B1.2B

Delta Air fundamental ratios Correlations

0.750.670.920.360.940.820.250.560.98-0.160.540.750.330.710.790.610.410.950.820.690.150.770.740.660.44
0.750.170.63-0.240.730.95-0.280.740.720.20.750.350.020.80.370.640.180.880.650.590.480.570.520.340.68
0.670.170.70.620.660.420.60.160.64-0.790.160.720.070.240.790.060.050.50.610.53-0.560.390.680.330.14
0.920.630.70.460.950.730.320.260.95-0.150.250.890.240.470.850.70.310.830.90.460.20.620.770.560.19
0.36-0.240.620.460.42-0.070.94-0.290.43-0.39-0.350.550.11-0.250.580.040.050.040.39-0.03-0.310.140.340.25-0.42
0.940.730.660.950.420.840.340.40.97-0.180.370.790.110.560.830.660.220.870.920.490.180.620.750.50.27
0.820.950.420.73-0.070.84-0.10.660.78-0.090.680.49-0.080.740.540.580.070.90.770.620.250.540.650.290.64
0.25-0.280.60.320.940.34-0.1-0.250.3-0.49-0.30.42-0.11-0.290.44-0.18-0.18-0.060.3-0.05-0.440.030.290.07-0.35
0.560.740.160.26-0.290.40.66-0.250.45-0.010.980.020.160.870.140.130.250.70.220.820.080.610.380.370.85
0.980.720.640.950.430.970.780.30.45-0.090.420.780.320.630.810.680.410.910.860.560.230.730.720.660.3
-0.160.2-0.79-0.15-0.39-0.18-0.09-0.49-0.01-0.09-0.04-0.220.260.07-0.390.440.3-0.03-0.18-0.320.920.06-0.320.13-0.08
0.540.750.160.25-0.350.370.68-0.30.980.42-0.040.010.130.880.110.120.210.70.190.850.060.60.40.340.94
0.750.350.720.890.550.790.490.420.020.78-0.220.010.250.260.790.490.280.620.740.360.060.480.680.49-0.04
0.330.020.070.240.110.11-0.08-0.110.160.320.260.130.250.440.280.30.960.32-0.070.360.210.70.20.880.02
0.710.80.240.47-0.250.560.74-0.290.870.630.070.880.260.440.340.380.550.850.340.860.220.860.570.680.78
0.790.370.790.850.580.830.540.440.140.81-0.390.110.790.280.340.550.370.640.730.41-0.120.560.770.550.02
0.610.640.060.70.040.660.58-0.180.130.680.440.120.490.30.380.550.440.640.670.090.720.470.40.470.08
0.410.180.050.310.050.220.07-0.180.250.410.30.210.280.960.550.370.440.420.030.40.290.760.290.910.07
0.950.880.50.830.040.870.9-0.060.70.91-0.030.70.620.320.850.640.640.420.740.750.270.770.670.620.61
0.820.650.610.90.390.920.770.30.220.86-0.180.190.74-0.070.340.730.670.030.740.280.20.380.580.30.13
0.690.590.530.46-0.030.490.62-0.050.820.56-0.320.850.360.360.860.410.090.40.750.28-0.190.760.640.580.8
0.150.48-0.560.2-0.310.180.25-0.440.080.230.920.060.060.210.22-0.120.720.290.270.2-0.190.19-0.070.220.03
0.770.570.390.620.140.620.540.030.610.730.060.60.480.70.860.560.470.760.770.380.760.190.740.930.47
0.740.520.680.770.340.750.650.290.380.72-0.320.40.680.20.570.770.40.290.670.580.64-0.070.740.580.36
0.660.340.330.560.250.50.290.070.370.660.130.340.490.880.680.550.470.910.620.30.580.220.930.580.2
0.440.680.140.19-0.420.270.64-0.350.850.3-0.080.94-0.040.020.780.020.080.070.610.130.80.030.470.360.2
Click cells to compare fundamentals

Delta Air Account Relationship Matchups

Delta Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.5B72.1B72.5B72.3B73.6B77.3B
Short Long Term Debt Total17.3B35.5B34.6B30.6B27.3B28.6B
Other Current Liab10.6B8.2B11.5B13.6B13.6B14.2B
Total Current Liabilities20.2B15.9B21.0B25.9B26.4B27.7B
Total Stockholder Equity15.4B1.4B3.6B6.5B11.1B11.7B
Property Plant And Equipment Net36.9B32.3B35.9B40.1B42.5B44.6B
Net Debt14.4B27.2B26.7B27.3B24.5B25.8B
Retained Earnings12.5B(428M)(148M)1.2B5.7B5.9B
Cash2.9B8.3B7.9B3.3B2.7B2.3B
Non Current Assets Total56.3B54.6B56.5B59.3B63.4B66.5B
Non Currrent Assets Other4.4B2.9B1.8B907M784M744.8M
Cash And Short Term Investments2.9B14.1B11.3B6.5B3.9B3.1B
Net Receivables2.9B1.4B2.4B3.2B3.1B3.3B
Common Stock Shares Outstanding694M653M636M641M643M416.1M
Liabilities And Stockholders Equity64.5B72.1B72.5B72.3B73.6B77.3B
Non Current Liabilities Total28.9B54.8B47.9B39.9B36.1B20.9B
Inventory1.3B732M1.1B1.4B1.3B1.4B
Other Current Assets1.3B1.2B1.1B1.9B2.0B2.1B
Other Stockholder Equity11.0B11B11.2B11.2B11.3B7.7B
Total Liab49.1B70.7B68.8B65.8B62.5B65.7B
Property Plant And Equipment Gross36.9B32.3B35.9B40.1B64.2B67.4B
Total Current Assets8.2B17.4B15.9B13.0B10.3B6.2B
Accumulated Other Comprehensive Income(8.0B)(9.0B)(7.1B)(5.8B)(5.8B)(6.1B)
Intangible Assets5.2B6.0B6.0B6.0B6.0B3.1B
Accounts Payable3.3B2.8B4.2B5.1B4.4B2.4B
Short Term Investments12M5.8B3.4B3.3B1.1B953.5M
Common Stock15.4B1.4B3.6B652K749.8K712.3K
Other Liab14.8B21.6B15.7B12.2B14.1B15.8B
Other Assets4.3B5.0B3.1B1.2B1.4B2.6B
Long Term Debt8.9B27.4B25.1B20.7B17.1B12.9B
Treasury Stock(198M)(236M)(259M)(282M)(360.0M)(377.9M)
Property Plant Equipment35.9B32.3B35.9B40.1B46.2B24.5B
Current Deferred Revenue3.2B1.8B2.7B3.4B3.9B2.3B
Net Tangible Assets414M(14.2B)(12.1B)(9.2B)(8.2B)(7.8B)
Retained Earnings Total Equity12.5B(428M)(148M)1.2B1.3B2.5B
Long Term Debt Total8.9B27.4B25.1B20.7B23.8B13.9B
Capital Surpluse11.1B11.3B11.4B11.5B10.4B9.9B

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When determining whether Delta Air Lines is a strong investment it is important to analyze Delta Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delta Air's future performance. For an informed investment choice regarding Delta Stock, refer to the following important reports:
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.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.