ALK (Alaska Air Group) Debt-to-Asset : 0.36 (As of Jun. 2026)

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ALK Alaska Air Group Inc ALK
75 GF Score
Price $42.32
GF Value $63.36
Valuation Possible Value Trap
! 5 Warning Signs
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What is Alaska Air Group Debt-to-Asset?

Alaska Air Group ALK +0.28% 75 Debt-to-Asset is 0.36 as of Jun. 2026. GuruFocus rates ALK with a GF Score™ of 75/100 and a GF Value™ of $63.36 (Possible Value Trap). The stock has 5 warning signs investors should review.

Alaska Air Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $669 Mil. Alaska Air Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $6,947 Mil. Alaska Air Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $21,246 Mil. Alaska Air Group's debt to asset for the quarter that ended in Jun. 2026 was 0.36.

Alaska Air Group  (NYSE:ALK) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Alaska Air Group Debt-to-Asset Related Terms

Alaska Air Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Alaska Air Group's Debt-to-Asset 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.

Alaska Air Group Debt-to-Asset Chart

Alaska Air Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.27 0.26 0.32 0.34

Alaska Air Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.32 0.34 0.33 0.36

ALK vs CPA, SKYW, ALGT: Debt-to-Asset Comparison

For the Airlines subindustry, Alaska Air Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Alaska Air Group Debt-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Alaska Air Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Alaska Air Group's Debt-to-Asset falls into.


ALK
75GF Score
Alaska Air Group Inc ALK
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Alaska Air Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Alaska Air Group's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(918 + 5975) / 20361
=0.34

Alaska Air Group's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(669 + 6947) / 21246
=0.36

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.36 mean?
Alaska Air Group (ALK) has a Debt-to-Asset of 0.36 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Alaska Air Group and its competitors.
Is Alaska Air Group's Debt-to-Asset too high?
Alaska Air Group's current Debt-to-Asset is 0.36. Overall, Alaska Air Group has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alaska Air Group's Debt-to-Asset compare to CPA and SKYW?
Alaska Air Group's Debt-to-Asset of 0.36 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Transportation company?
A good Debt-to-Asset depends on the Transportation industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Alaska Air Group and its competitors. Alaska Air Group's current Debt-to-Asset is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alaska Air Group stock overvalued right now?
Based on GuruFocus' analysis, Alaska Air Group (ALK) is currently considered Possible Value Trap. The stock's GF Value™ is $63.36, compared to a current price of $42.32 — trading 33.2% below its estimated fair value. The current Debt-to-Asset is 0.36. Alaska Air Group's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Alaska Air Group (ALK), the current Debt-to-Asset is 0.36 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alaska Air Group (ALK) Overvalued in 2026?

Based on GuruFocus' analysis, Alaska Air Group stock appears to be undervalued. The current stock price of $42.32 is trading 33.2% below its estimated GF Value™ of $63.36. GuruFocus considers Alaska Air Group to be Possible Value Trap.

Key valuation signals for ALK:

  • Debt-to-Asset: 0.36
  • GF Value™: $63.36 vs. price of $42.32 (33.2% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the ALK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alaska Air Group Business Description

Address 19300 International Boulevard, Seattle, WA, USA, 98188
Alaska Air Group Inc operates two airlines, Alaska and Horizon, in three operating segments. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements. The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary, and Mileage Plan passenger revenue.
75GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.32
Price
$63.36
GF Value