Alaska Air Group (LTS:0HC3) Total Assets : $19,559 Mil (As of Sep. 2024)

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What is Alaska Air Group Total Assets?

Alaska Air Group's Total Assets for the quarter that ended in Sep. 2024 was $19,559 Mil.

During the past 12 months, Alaska Air Group's average Total Assets Growth Rate was 34.10% per year. During the past 3 years, the average Total Assets Growth Rate was 6.20% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 13 years, Alaska Air Group's highest 3-Year average Total Assets Growth Rate was 31.30%. The lowest was -0.60%. And the median was 6.90%.

Total Assets is connected with ROA %. Alaska Air Group's annualized ROA % for the quarter that ended in Sep. 2024 was 5.41%. Total Assets is also linked to Revenue through Asset Turnover. Alaska Air Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.18.

Alaska Air Group Total Assets Historical Data

The historical data trend for Alaska Air Group's Total Assets 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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Alaska Air Group Total Assets Chart

Alaska Air Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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12,993.00

14,046.00

13,951.00

14,186.00

14,613.00

Alaska Air Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															15,165.00	14,613.00	14,813.00	15,342.00	19,559.00

Alaska Air Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Alaska Air Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	4113	+	10500
	=	14,613

Alaska Air Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	4479	+	15080
	=	19,559

Alaska Air Group (LTS:0HC3) Total Assets Explanation

Total Assets is connected with ROA %.

Alaska Air Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	944	/	( (15342	+	19559)	/ 2 )
	=	944	/	17450.5
	=	5.41 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Alaska Air Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	3072	/	( (15342	+	19559)	/ 2 )
=	3072	/	17450.5
=	0.18

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Alaska Air Group Total Assets Related Terms

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Alaska Air Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alaska Air Group Inc (LTS:0HC3) » Definitions » Total Assets

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Address

1930 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 Mainline 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 (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

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