Stock Analysis on Net

American Airlines Group Inc. (NASDAQ:AAL)

This company has been moved to the archive! The financial data has not been updated since February 21, 2024.

Analysis of Debt 

Microsoft Excel

Total Debt (Carrying Amount)

American Airlines Group Inc., balance sheet: debt

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current maturities of long-term debt and finance leases 3,632 3,274 2,489 2,797 2,861
Long-term debt and finance leases, net of current maturities 29,270 32,389 35,571 29,796 21,454
Total long-term debt and finance lease liabilities, including current maturities (carrying amount) 32,902 35,663 38,060 32,593 24,315

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Debt item Description The company
Total long-term debt and finance lease liabilities, including current maturities (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. American Airlines Group Inc. total debt decreased from 2021 to 2022 and from 2022 to 2023.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2023
Selected Financial Data (US$ in millions)
Long-term debt, including current maturities 32,310
Finance lease liabilities 506
Total long-term debt and finance lease liabilities, including current maturities (fair value) 32,816
Financial Ratio
Debt, fair value to carrying amount ratio 1.00

Based on: 10-K (reporting date: 2023-12-31).


Weighted-average Interest Rate on Debt

Weighted-average interest rate on long-term debt and finance lease liabilities: 6.47%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
8.60% 990 85
7.32% 1,183 87
8.87% 1,100 98
10.75% 1,000 108
10.75% 200 22
7.25% 750 54
8.50% 1,000 85
5.50% 2,917 160
5.75% 3,000 173
10.43% 3,150 329
3.70% 7,657 283
6.98% 3,612 252
5.38% 967 52
7.00% 1,000 70
3.75% 487 18
7.20% 506 36
Total 29,519 1,911
6.47%

Based on: 10-K (reporting date: 2023-12-31).

1 US$ in millions

2 Weighted-average interest rate = 100 × 1,911 ÷ 29,519 = 6.47%