What is Atlas Air Worldwide Holdings Financial Strength?
Atlas Air Worldwide Holdings has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Atlas Air Worldwide Holdings's Interest Coverage for the quarter that ended in Dec. 2022 was 9.99.
Atlas Air Worldwide Holdings's debt to revenue ratio for the quarter that ended in Dec. 2022 was 0.51.
As of today, Atlas Air Worldwide Holdings's Altman Z-Score is 0.00.
Competitive Comparison of Atlas Air Worldwide Holdings's Financial Strength
For the Airports & Air Services subindustry, Atlas Air Worldwide Holdings's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Atlas Air Worldwide Holdings's Financial Strength Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Atlas Air Worldwide Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Atlas Air Worldwide Holdings's Financial Strength falls into.
Atlas Air Worldwide Holdings Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Atlas Air Worldwide Holdings's Interest Expense for the
months ended in Dec. 2022 was $-20 Mil. Its Operating Income for the
months ended in Dec. 2022 was $197 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1,973 Mil.
Atlas Air Worldwide Holdings's Interest Coverage for the quarter that ended in Dec. 2022 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Atlas Air Worldwide Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 2022 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Atlas Air Worldwide Holdings has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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.
Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Business Description
Traded in Other Exchanges
N/A
Address
2000 Westchester Avenue, Purchase, NY, USA, 10577-2543
Atlas Air Worldwide Holdings Inc is a provider of outsourced aircraft and aviation operating services and the outsourced airfreight provider in the world. Company operates a fleet of 747 freighters and provides customers with a broad array of 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations. The company has operations in Africa, Asia, Australia, Europe, the Middle East, North America and South America. The company's business is organized into two operating segments based on service offerings: 1) Airline Operations include providing cargo aircraft outsourcing services to customers on an ACMI, CMI and Charter basis. 2) Dry Leasing business provides aircraft and engines to customers, including CMI customers, for a fixed monthly amount.
Executives
| John W Dietrich |
officer: SVP/Gen Cnsl/Secretary, other: Chf. HR Off |
|
| Walter G Borst |
director |
2701 NAVISTAR DRIVE, LISLE IL 60532 |
| Raymond L. Conner |
director |
ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188 |
| George Willis |
director |
55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328 |
| Adam Richard Kokas |
officer: Sr. V.P., Gen. Counsel & Secy. |
C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
| Michael Steen |
officer: SVP & Chief Marketing Officer |
2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
| John K Wulff |
director |
C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001 |
| Keith H. Mayer |
officer: Vice President & Controller |
ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
| Duncan J. Mcnabb |
director |
C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
| Sheila A Stamps |
director |
C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039 |
| James Anthony Forbes |
officer: EVP & COO |
C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
| Carol J Zierhoffer |
director |
100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022 |
| Beverly K. Goulet, |
director |
10990 ROE AVENUE, OVERLAND PARK KS 66211 |
| William J Flynn |
director, officer: Pres. & CEO |
C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
| Spencer Schwartz |
officer: Vice President & Controller |
C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Headlines
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