Preview

Financial Analysis of Delta Airlines

Satisfactory Essays
Open Document
Open Document
527 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Financial Analysis of Delta Airlines
DELTA AIR LINES, INC.
Consolidated Balance Sheets | | | | | | | | | |
| | |December 31, | |
|(in millions) | |2008 | | |2007 | |
|ASSETS | | | | | | | | |
|Cash and cash equivalents | |$|4,255 | | |$|2,648 | |
|Restricted cash and cash equivalents | | |429 | | | |520 | |
|Hedge margin receivable | | |1,139 | | | |— | |
|Deferred income taxes, net | | |401 | | | |142 | |
| | | | | | | | | |
|Total current assets | | |8,904 | | | |5,240 | |
|Property and Equipment, Net | | |20,627 | | | |11,701 | |
| | | | | | | | | |
|Other Assets: | | | | | | | | |
|Identifiable intangibles, net of accumulated amortization of $354 and $147 at December 31, 2008 and| | |4,944 | | | |2,806 | |
|2007, respectively

You May Also Find These Documents Helpful

  • Powerful Essays

    APPENDIX-A BALANCE SHEET ANALYSIS | | | Chipotle | 2011 | 2010 | Total liabilities | 381,082 | 310,732 | Total Shareholder 's Equity | 1,044,226 | 810,873 | Debt ratio | 27.70% | 26.73% |…

    • 1971 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    depreciation 140,000 260,000 469,000 Intangible assets Patents—at cost less amortization 36,000 Total assets $1,354,200 PROBLEM 5-3 (Continued) Liabilities and Stockholders’ Equity Current liabilities Notes payable, secured by investments of $120,000 $ 94,000 Accounts due 148,000 Accrued expenditures 49,200 Total existing debts $ 291,200 Long-term liabilities 8% bonds payable, due January 1, 2018 400,000 Less: Unamortized discount on bonds due 20,000 380,000 Total debts 671,200 Stockholders’ equity Common stock Authorized 600,000 shares of $1 par value; issued and outstanding, 500,000 shares $500,000 Premium on common stock 45,000 545,000 Saved income 138,000 683,000 Total debts and stockholders’ equity $1,354,200 30 Points CA 24-2 Item 1…

    • 807 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Berrys Bug Blaster

    • 261 Words
    • 2 Pages

    Expense | $50,000.00 | | | | $805,358.66 | $805,358.66 | | Total Expenses | | $2,756,440.78 | $2,756,440.78 | | Net Income | | | $493,139.75 | | Balance Sheet 12/31/2008 | | Current Assets | | | Cash | $818,440.68 | | Accounts Receivable | $812,395.13 | | Inventory | $205,934.30 | |…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    3/31/86 Assets Current Assets Cash Receivables, Net Inventories Prepaid Expenses Total Current Assets Fixed Assets Plant, Property, & Equipt (Less) accum depreciation Total Net Fixed Assets Other Assets Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Notes Payable - banks Income Taxes Payable Current Installments - lt debt Total Current Liabilities Long Term Debt Term Loan Notes Payable to Bank Total Liabilities Stockholders' Equity Common Stock Additional Paid in Capital Retained Earnings Total Stockholders' Equity Total Liabilities and Equity…

    • 618 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Assets Liabilities and Owener`s EquityCurrent assets $2,170 Current liabilities $1350Net fixed assets $9,300 Long-term debt $3980 Shareholders` equity $6140Total assets $11470 Total liabilities and shareholders` equity $11470…

    • 734 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Boeing Financial Analysis

    • 9354 Words
    • 38 Pages

    The Boeing Corporation, originally Pacific Aero Products Company, was established in 1916 in the Washington Puget Sound region. The company was originally incorporated to build aircraft, air mail delivery, and pilot training, but was broken up by the government in 1934 creating United Airlines and Boeing Aircraft Company. During the first 97 years the company expanded through strategic mergers and acquisitions of storied aerospace pioneering companies into the $81.7 billion dollar company it is today. Many of the companies are household names with the older generations: North American Aviation, McDonnell Douglas, Rockwell International, Hughes Space & Communications, and Jeppesen. Through these expansions, Boeing has become the world’s largest and most diversified player in the aerospace and defense industry. Ranked in the top of U.S. exporters, Boeing supports airlines as well as the U.S. and allied government customers in 150 countries. The company is divided into two major business units supported by nine corporate functions. The two business units are Commercial Airplanes (60%) and Defense, Space & Security.…

    • 9354 Words
    • 38 Pages
    Powerful Essays
  • Good Essays

    Ch10 Beechy3e case 3 solution

    • 17676 Words
    • 95 Pages

    Assignment 10-23 Depreciation and depletion—schedule, entries (*W) 25 10-24 Asset impairment – five situations 20 10-25 Asset impairment 15 10-26 Asset impairment (*W) 20 10-27 Asset group impairment 15 10-28 Asset group impairment 15 10-29 Capital asset impairment 20 10-30 Goodwill impairment 20 10-31 Cash flow statement 15 10-32 Comparative analysis, amortization 30 10-33 Comprehensive capital asset transactions and amortization 40 10-34 Comprehensive accounting for capital assets 40 10-35 Asset held for sale 20 10-36 Assets held for sale 20 10-37 Asset held for sale 20 10-38 Integrative problem, chapters 6-11 75 10-39 CCA calculations (Appendix 1) 25 10-40…

    • 17676 Words
    • 95 Pages
    Good Essays
  • Satisfactory Essays

    Tootsie Roll

    • 274 Words
    • 2 Pages

    79.3% Total Assets $838,247 $3,675,031 Times Interest Earned Ratio Net Income + Intrest Expense + Tax Expense $64,422 = 265.1 761,590 = 8.4 Interest Expense $243…

    • 274 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mating Habits of Elk

    • 6769 Words
    • 28 Pages

    Total Current Assets | 11,829,755.0 | 13,073,604.0 | 11,298,929.0 | 12,086,227.0 | 11,880,411.0 | | | | | | | Property/Plant/Equipment, Total - Net | 6,309,160.0 | 6,710,901.0 | 7,401,681.0 | 7,812,002.0 | 7,764,039.0 | Goodwill, Net | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | Intangibles, Net | 0.0 |…

    • 6769 Words
    • 28 Pages
    Satisfactory Essays
  • Good Essays

    Aasb 138 Software

    • 3323 Words
    • 14 Pages

    Non-Current Assets, AAS 4 Depreciation, AAS 10 Recoverable Amount of NonCurrent Assets, AAS 21 Acquisitions of Assets, AAS 13 Accounting for Research and…

    • 3323 Words
    • 14 Pages
    Good Essays
  • Powerful Essays

    What would be the marginal and average tax rates for a corporation with an income level of $100,000?…

    • 925 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    Equity Value = $61,777,778 Total enterprise value - $17,500,000 interest bearing debt owed = $44,277,778…

    • 1755 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    The goal of the study is to provide overall financial statement overview of The Boeing Company using the knowledge obtained during the Financial Management course.…

    • 4587 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    Finance

    • 324 Words
    • 2 Pages

    Return on assets is low than the industry average, it can be increased by a rapid turnover of assets. It can also be done by increasing more sales per dollar of its assets.…

    • 324 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    AMFAC Inc.

    • 653 Words
    • 5 Pages

    Accounts receivable and inventory remained relatively constant during the year. Assets at the beginning of the year totalled $250,000 and the stockholders’ equity at the beginning of the year amounted to $180,000. Preferred stock did not change during the year. There are no convertible securities.…

    • 653 Words
    • 5 Pages
    Good Essays

Related Topics