American Airlines Group (American Airlines Group) Debt-to-Equity : -7.28 (As of Mar. 2024)

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What is American Airlines Group Debt-to-Equity?

American Airlines Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5,375 Mil. American Airlines Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $34,685 Mil. American Airlines Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-5,500 Mil. American Airlines Group's debt to equity for the quarter that ended in Mar. 2024 was -7.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for American Airlines Group's Debt-to-Equity or its related term are showing as below:

AAL' s Debt-to-Equity Range Over the Past 10 Years
Min: -283.42 Med: -6.91 Max: 8.77
Current: -7.82

During the past 13 years, the highest Debt-to-Equity Ratio of American Airlines Group was 8.77. The lowest was -283.42. And the median was -6.91.

AAL's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.55 vs AAL: -7.82

American Airlines Group Debt-to-Equity Historical Data

The historical data trend for American Airlines Group's Debt-to-Equity 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.

* Premium members only.

American Airlines Group Debt-to-Equity Chart

American Airlines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-283.42

-5.97

-6.29

-7.53

-7.82

American Airlines Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-7.44	-9.71	-8.02	-7.82	-7.28

Competitive Comparison of American Airlines Group's Debt-to-Equity

For the Airlines subindustry, American Airlines Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

American Airlines Group's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, American Airlines Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where American Airlines Group's Debt-to-Equity falls into.

American Airlines Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Airlines Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4941	+	35722)	/	-5202
	=	-7.82

American Airlines Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5375	+	34685)	/	-5500
	=	-7.28

American Airlines Group (NAS:AAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

American Airlines Group Debt-to-Equity Related Terms

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American Airlines Group (American Airlines Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » American Airlines Group Inc (NAS:AAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AAL:Peru AAL:Mexico AAL_KZ:Kazakhstan 1AAL:Italy 0HE6:UK A1G:Germany A1G:Germany A1G:Germany A1G:Germany AALL34:Brazil

Address

1 Skyview Drive, Fort Worth, TX, USA, 76155

Website

https://www.americanairlines.in

American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.

Executives

Vasu Raja	officer: SVP, Chief Commercial Officer	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Douglas M Steenland	director	2700 LONE OAK PARKWAY, EAGAN MN 55121
Angela Owens	officer: VP Corporate Controller	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
David Seymour	officer: SVP Chief Operating Officer	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Devon E May	officer: EVP Chief Financial Officer	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Vicente Reynal	director	C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Priya Aiyar	officer: See remarks	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Gregory D Smith	director	100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
Adriane M Brown	director	3150 139TH AVENUE S.E., BELLEVUE WA 98040
John T Cahill	director	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Michael J Embler	director	C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
James F Albaugh	director	C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
Isom Robert D Jr	officer: See Remarks	1689 NONCONNAH BLVD, SUITE 111, MEMPHIS TN 38132
Ray M Robinson	director	1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Maya Leibman	officer: EVP Chief Information Officer	4333 AMON CARTER BLVD, FORT WORTH TX 76155