Alaska Air Group Inc

NYSE ALK

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Alaska Air Group Inc Liabilities to Equity Ratio 2 year CAGR for the quarter ending March 31, 2024: -3.19%

Alaska Air Group Inc Liabilities to Equity Ratio 2 year CAGR is -3.19% for the quarter ending March 31, 2024, a 78.45% change year over year. The liabilities to equity ratio, also known as the leverage ratio, measures the proportion of a company's total liabilities to its shareholders' equity. It is calculated by dividing the total liabilities by the shareholders' equity. This ratio provides insights into the extent to which a company relies on debt financing compared to equity financing. A higher ratio indicates higher financial leverage, which can amplify both returns and risks for the company's shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Alaska Air Group Inc Liabilities to Equity Ratio for the quarter ending March 31, 2023 was 2.88, a -1.09% change year over year.
  • Alaska Air Group Inc Liabilities to Equity Ratio for the quarter ending March 31, 2022 was 2.91, a -26.60% change year over year.
  • Alaska Air Group Inc Liabilities to Equity Ratio for the quarter ending March 31, 2021 was 3.96, a 70.11% change year over year.
  • Alaska Air Group Inc Liabilities to Equity Ratio for the quarter ending March 31, 2020 was 2.33, a -1.94% change year over year.
NYSE: ALK

Alaska Air Group Inc

CEO Mr. Benito Minicucci
IPO Date Jan. 2, 2001
Location United States
Headquarters 19300 International Boulevard, Seattle, WA, United States, 98188
Employees 23,013
Sector Industrials
Industry Airlines
Description

Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

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StockViz Staff

September 19, 2024

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