Delta Air Lines (STU:OYC) Cash And Cash Equivalents : €3,567 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Delta Air Lines Cash And Cash Equivalents?

Delta Air Lines's quarterly cash and cash equivalents declined from Sep. 2023 (€2,656.40 Mil) to Dec. 2023 (€2,513.50 Mil) but then increased from Dec. 2023 (€2,513.50 Mil) to Mar. 2024 (€3,566.84 Mil).

Delta Air Lines's annual cash and cash equivalents declined from Dec. 2021 (€7,020.71 Mil) to Dec. 2022 (€3,083.10 Mil) and declined from Dec. 2022 (€3,083.10 Mil) to Dec. 2023 (€2,513.50 Mil).

Delta Air Lines Cash And Cash Equivalents Historical Data

The historical data trend for Delta Air Lines's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delta Air Lines Cash And Cash Equivalents Chart

Delta Air Lines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2,593.80

6,828.35

7,020.71

3,083.10

2,513.50

Delta Air Lines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,002.81	2,462.56	2,656.40	2,513.50	3,566.84

Delta Air Lines Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Delta Air Lines (STU:OYC) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Delta Air Lines Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Delta Air Lines's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Delta Air Lines (STU:OYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Delta Air Lines Inc (STU:OYC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

DAL:USA DAL:Peru DAL:Mexico OYC:Germany DEAI34:Brazil DAL:Austria

Address

Post Office Box 20706, Atlanta, GA, USA, 30320-6001

Website

https://www.delta.com

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.

Delta Air Lines (STU:OYC) Headlines

No Headlines