Delta Air Lines Inc (DAL)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 13,546,000 | 13,881,000 | 14,084,000 | 15,576,000 | 15,985,000 | 16,347,000 | 16,870,000 | 18,490,000 | 19,326,000 | 19,800,000 | 21,444,000 | 22,939,000 | 23,582,000 | 24,077,000 | 25,246,000 | 24,802,000 | 26,531,000 | 28,910,000 | 18,539,000 | 11,750,000 |
| Total assets | US$ in thousands | 75,372,000 | 75,368,000 | 75,197,000 | 74,969,000 | 73,644,000 | 73,247,000 | 73,497,000 | 73,134,000 | 72,288,000 | 72,596,000 | 74,805,000 | 73,748,000 | 72,459,000 | 72,783,000 | 75,309,000 | 73,083,000 | 71,996,000 | 79,076,000 | 72,261,000 | 68,738,000 |
| Debt-to-assets ratio | 0.18 | 0.18 | 0.19 | 0.21 | 0.22 | 0.22 | 0.23 | 0.25 | 0.27 | 0.27 | 0.29 | 0.31 | 0.33 | 0.33 | 0.34 | 0.34 | 0.37 | 0.37 | 0.26 | 0.17 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $13,546,000K ÷ $75,372,000K
= 0.18
Delta Air Lines Inc's debt-to-assets ratio has shown a declining trend over the past few years, indicating a decreasing reliance on debt to finance its assets. The ratio decreased from 0.17 as of March 31, 2020, to 0.18 as of December 31, 2024, with fluctuations in between. This suggests that Delta Air Lines Inc has been managing its debt levels effectively in relation to its total assets during this period. Additionally, the decreasing trend in the debt-to-assets ratio may signal improved financial stability and lower risk for the company, as lower ratios typically indicate a stronger financial position.
Peer comparison
Dec 31, 2024