Since the quarter ended December 31st, 2010, Delta Air Lines Inc's debt-free net working capital to revenue has decreased from (6.31) to (21.83) as of the quarter ended June 30th, 2024.
Delta Air Lines Inc's debt-free net working capital to revenue during the quarter ended June 30th, 2024 of (21.83) was lower than its peers in the Major Airlines industry group during the quarter ended June 30th, 2024 of 0.83. From December 31st, 2010 to June 30th, 2024, Delta Air Lines Inc's average debt-free net working capital to revenue was (11.52) compared to an industry average of 5.15.
Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the folllowing segments: Airline, Refinery, and Other. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment consists of jet fuel and non-jet fuel products. The Other segment comprises of other activities. The company was founded by Collett Everman Woolman in 1928 and is headquartered in Atlanta, GA.
© 2021 DiscoverCI
Disclaimer: DiscoverCI LLC is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on DiscoverCI.com represent a recommendation to buy or sell a security. The information on this site, and in its related application software, spreadsheets, blog, email and newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. In no event shall DiscoverCI.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any product, content or other material published or available on DiscoverCI.com, or relating to the use of, or inability to use, DiscoverCI.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related blog, email and newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way.