Alaska Air Group (LTS:0HC3) LT-Debt-to-Total-Asset: 0.29 (As of Mar. 2026)

What is Alaska Air Group LT-Debt-to-Total-Asset?

Alaska Air Group LTS:0HC3 83 LT-Debt-to-Total-Asset is 0.29 as of Mar. 2026. GuruFocus rates LTS:0HC3 with a GF Score™ of 83/100 and a GF Value™ of $62.36 (Modestly Undervalued). The stock has 7 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Alaska Air Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.29.

Alaska Air Group's long-term debt to total assets ratio increased from Mar. 2025 (0.28) to Mar. 2026 (0.29). It may suggest that Alaska Air Group is progressively becoming more dependent on debt to grow their business.

Alaska Air Group (LTS:0HC3) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Alaska Air Group LT-Debt-to-Total-Asset Related Terms

Alaska Air Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Alaska Air Group's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Alaska Air Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.25

0.23

0.29

Alaska Air Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.28	0.29	0.29	0.29

83GF Score

Alaska Air Group Inc LTS:0HC3

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Alaska Air Group LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	5975	/	20361
	=	0.29

Alaska Air Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	5958	/	20298
	=	0.29

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.29 mean?

Alaska Air Group (LTS:0HC3) has a LT-Debt-to-Total-Asset of 0.29 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Alaska Air Group and its competitors.

Is Alaska Air Group's LT-Debt-to-Total-Asset too high?

Alaska Air Group's current LT-Debt-to-Total-Asset is 0.29. Overall, Alaska Air Group has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Alaska Air Group's LT-Debt-to-Total-Asset compare to CPA and SKYW?

Alaska Air Group's LT-Debt-to-Total-Asset of 0.29 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 LT-Debt-to-Total-Asset for a Transportation company?

A good LT-Debt-to-Total-Asset depends on the Transportation industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Alaska Air Group and its competitors. Alaska Air Group's current LT-Debt-to-Total-Asset is 0.29. 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 (LTS:0HC3) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.36, compared to a current price of $50.34 — trading 19.3% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.29. Alaska Air Group's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Alaska Air Group (LTS:0HC3), the current LT-Debt-to-Total-Asset is 0.29 as of Mar. 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 (LTS:0HC3) Overvalued in 2026?

Based on GuruFocus' analysis, Alaska Air Group stock appears to be undervalued. The current stock price of $50.34 is trading 19.3% below its estimated GF Value™ of $62.36. GuruFocus considers Alaska Air Group to be Modestly Undervalued.

Key valuation signals for LTS:0HC3:

LT-Debt-to-Total-Asset: 0.29
GF Value™: $62.36 vs. price of $50.34 (19.3% below fair value)
GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the LTS:0HC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alaska Air Group Business Description

Industry Industrials Transportation

Comparable Companies CPA SKYW ALGT JBLU ULCC RJET AAL FLYX SRFM FLYYQ DAL UAL DUB:RYA LSE:IAG LUV NSE:INDIGO SGX:C6L SHSE:601111 XSGO:LTM XTER:LHA

Other Exchanges ALK:USA ALK:Germany A1LK34:Brazil

Address 19300 International Boulevard, Seattle, WA, USA, 98188

Website https://www.alaskaair.com

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.

83GF Score

Get the complete analysis for LTS:0HC3

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

$50.34

Price

$62.36

GF Value

View LTS:0HC3 Analysis

See LT-Debt-to-Total-Asset data for all stocks →