Delta Air Lines (Delta Air Lines) Cash per Share : $6.92 (As of Mar. 2024)

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What is Delta Air Lines Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Delta Air Lines's Cash per Share for the quarter that ended in Mar. 2024 was $6.92.

Delta Air Lines Cash per Share Historical Data

The historical data trend for Delta Air Lines's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Delta Air Lines Cash per Share Chart

Delta Air Lines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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4.48

22.09

17.69

10.19

6.01

Delta Air Lines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															10.29	9.38	7.78	6.01	6.92

Delta Air Lines Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Delta Air Lines's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	3868	/	643
	=	6.01

Delta Air Lines's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	4466	/	645
	=	6.92

Delta Air Lines (NYSE:DAL) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Delta Air Lines Cash per Share Related Terms

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Delta Air Lines (Delta Air Lines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Delta Air Lines Inc (NYSE:DAL) » Definitions » Cash per Share

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Traded in Other Exchanges

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Address

Post Office Box 20706, Atlanta, GA, USA, 30320-6001

Website

https://www.delta.com

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.

Executives

David S Taylor	director	THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Joanne D Smith	officer: EVP & Chief HR Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Steven M Sear	officer: Pres. Int'l & EVP Global Sales	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Peter W Carter	officer: EVP and Chief Legal Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Michael P Huerta	director	1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Mike Spanos	officer: EVP & Chief Operating Officer	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Vasant M Prabhu	director	C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Glen W Hauenstein	officer: EVP-Network Plng & Rev Mgmt	1600 SMITH ST, HOUSTON TX 77002
William C Carroll	officer: SVP, Finance & Controller	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Francis S Blake	director	2455 PACES FERRY RD, ATLANTA GA 30339
Edward H Bastian	officer: President and CEO NWA	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Greg Creed	director	1441 GARDINER LANE, LOUISVILLE KY 40213
Leslie D. Hale	director	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
John E Laughter	officer: EVP - Chief of Operations	P.O. BOX 20574, C/O DELTA AIR LINES, INC. DEPT. 981, ATLANTA GA 30320
Daniel C. Janki	officer: EVP & Chief Financial Officer	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513