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American Airlines Group Inc   (AAL)
Other Ticker:  
 
    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation

American Airlines Group Inc 's Quick Ratio

AAL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 0.38 below American Airlines Group Inc 's average Quick Ratio.

Within Airline industry 6 other companies have achieved higher Quick Ratio than American Airlines Group Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 126 to 1065.

Explain Quick Ratio?
How much Cash & cash equivalents AAL´s has?
What are AAL´s Current Liabilities?


AAL Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 2.63 % 10.97 % 6.79 % 12.46 % 13.1 %
Y / Y Cash & cash equivalent Change -14.78 % -5.56 % -3.51 % -7.35 % -25.79 %
Quick Ratio MRQ 0.38 0.47 0.54 0.51 0.46
AAL's Total Ranking # 1065 # 126 # 2213 # 169 # 2342
Seq. Current Liabilities Change -9.51 % 0.26 % -1.11 % 14.39 % -2.16 %
Seq. Cash & cash equivalent Change -26.24 % -11.79 % 4.8 % 24.98 % -18.26 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Airline Industry # 7
Transportation Sector # 20
Overall Market # 1065


Quick Ratio Statistics
High Average Low
0.88 0.52 0.19
(Jun 30 2021)   (Mar 31 2020)




Financial Statements
American Airlines Group Inc 's Current Liabilities $ 22,062 Millions Visit AAL's Balance sheet
American Airlines Group Inc 's Cash & cash equivalent $ 8,488 Millions Visit AAL's Balance sheet
Source of AAL's Sales Visit AAL's Sales by Geography


Cumulative American Airlines Group Inc 's Quick Ratio

AAL's Quick Ratio for the trailling 12 Months

AAL Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 2.63 % 10.97 % 6.79 % 12.46 % 13.1 %
Y / Y Cash & cash equivalent TTM Growth -14.78 % -5.56 % -3.51 % -7.35 % -25.79 %
Quick Ratio TTM 0.48 0.5 0.52 0.53 0.56
Total Ranking TTM # 1199 # 1990 # 3731 # 3944 # 850
Seq. Current Liabilities TTM Growth -9.51 % 0.26 % -1.11 % 14.39 % -2.16 %
Seq. Cash & cash equivalent TTM Growth -26.24 % -11.79 % 4.8 % 24.98 % -18.26 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the IV Quarter 2023 to $22,062.00 millions, cumulative Quick Ratio decreased to 0.48 below the American Airlines Group Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Airline industry 7 other companies have achieved higher Quick Ratio than American Airlines Group Inc . While Quick Ratio overall ranking has improved so far to 1199, from total ranking during the twelve months ending third quarter 2023 at 1990.

Explain Quick Ratio?
How much Cash & cash equivalents AAL´s has?
What are AAL´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Airline Industry # 8
Transportation Sector # 29
Within the Market # 1199


trailing twelve months Quick Ratio Statistics
High Average Low
0.82 0.51 0.24
(Dec 31 2021)   (Mar 31 2020)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Airline Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Hawaiian Holdings inc  0.79 $ 908.497  Millions$ 1,145.401  Millions
Frontier Group Holdings Inc   0.72 $ 609.000  Millions$ 846.000  Millions
Skywest Inc  0.67 $ 835.223  Millions$ 1,254.292  Millions
Spirit Airlines Inc   0.58 $ 977.712  Millions$ 1,671.592  Millions
Sun Country Airlines Holdings Inc   0.45 $ 188.452  Millions$ 418.582  Millions
Jetblue Airways Corp  0.43 $ 1,567.000  Millions$ 3,628.000  Millions
American Airlines Group Inc   0.38 $ 8,488.000  Millions$ 22,062.000  Millions
Latam Airlines Group S a   0.31 $ 1,761.791  Millions$ 5,688.135  Millions
Delta Air Lines Inc   0.15 $ 3,868.000  Millions$ 26,418.000  Millions

Date modified: 2024-02-21T21:07:01+00:00



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