Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Financial Data for Delta Air Lines, Inc (amounts in millions, except per-share amounts) For Year Ended December 31 2013 2014 2015 2016 2017 Current Assets

Financial Data for Delta Air Lines, Inc
(amounts in millions, except per-share amounts)
For Year Ended December 31
2013 2014 2015 2016 2017
Current Assets 9651 12465 9056 7451 7844
Total Assets 52252 54121 53134 51261 53292
Common Shares Outstanding 851.443 825.258 778.784 730.738 707.198
Long-Term Debt 9795 8561 6766 6201 6592
Net Income (loss) before Interest and Taxes 3802 2922 7837 6952 6114
Total Liabilities 40609 45308 42284 38974 39382
Net Income (Loss) 10540 659 4526 4373 3577
Cash Flow Provided by Operations 4504 4947 7927 7205 5148
Retained Earnings (deficit) -2081 -3855 348 267 2015
Sales 37773 40362 40704 39639 41244
Shareholers' Equity 11643 8813 10850 12287 13910
Interest Expenses 852 650 481 388 396
Current Liabilities 14152 16879 17526 15239 18573
Market Price Per Share 27.47 49.19 50.69 49.19

56.00

  1. Compute the value of each the following risk ratios.

    • (1)

      Current ratio (at the end of 2013-2017)

    • (2)

      Operating cash flow to current liabilities ratio (for 2013-2017)

    • (3)

      Liabilities to assets ratio (at the end of 2013-2017)

    • (4)

      Long-term debt to long-term capital ratio (at the end of 2013-2017)

    • (5)

      Operating cash flow to total liabilities ratio (for 2013-2017)

    • (6)

      Interest coverage ratio (for 2013*2017)

  2. Compute the value of Altmans Z-score for Delta Air Lines for each year from 2000 to 2004.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Make Money Like A Monster 2 Real Estate

Authors: Kaiju Cash

1st Edition

979-8853282469

More Books

Students also viewed these Finance questions

Question

Identify and describe unfair and deceptive business practices.

Answered: 1 week ago