Delta Air Lines Inc

NYSE DAL

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Delta Air Lines Inc Debt to Tangible Net Worth Ratio 3 year CAGR for the year ending December 31, 2023: 29.48%

Delta Air Lines Inc Debt to Tangible Net Worth Ratio 3 year CAGR is 29.48% for the year ending December 31, 2023. The debt to tangible net worth ratio measures the level of debt relative to a company's tangible net worth. It is calculated by dividing total debt by the difference between shareholders' equity and intangible assets (such as goodwill). This ratio provides insights into the company's financial leverage, excluding intangible assets. A higher ratio suggests a higher level of debt burden in relation to tangible net worth. 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.

Delta Air Lines Inc Debt to Tangible Net Worth Ratio for the year ending December 31, 2022 was -2.56, a -12.20% change year over year.
Delta Air Lines Inc Debt to Tangible Net Worth Ratio for the year ending December 31, 2021 was -2.28, a -10.05% change year over year.
Delta Air Lines Inc Debt to Tangible Net Worth Ratio for the year ending December 31, 2020 was -2.07, a -108.52% change year over year.
Delta Air Lines Inc Debt to Tangible Net Worth Ratio for the year ending December 31, 2019 was 24.31, a 311.27% change year over year.

NYSE: DAL

Delta Air Lines Inc

CEO	Mr. Edward H. Bastian
IPO Date	May 3, 2007
Location	United States
Headquarters	PO Box 20706, Atlanta, GA, United States, 30320-6001
Employees	103,000
Sector	Industrials
Industry	Airlines

Description

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app; acts as a reservations specialists; and operates online travel and traditional brick and mortar agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers. The company operates through a fleet of approximately 1,273 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

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