Stock Analysis on Net

Delta Air Lines Inc. (NYSE:DAL)

Common-Size Balance Sheet: Assets 

Delta Air Lines Inc., common-size consolidated balance sheet: assets

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 10.95 11.54 4.47 2.60 3.40
Short-term investments 4.67 8.04 0.00 0.34 1.55
Accounts receivable, net of an allowance for uncollectible accounts 3.32 1.94 4.42 3.84 4.46
Inventories 1.52 1.02 1.94 1.75 2.49
Prepaid expenses and other 1.54 1.64 1.96 2.00 2.81
Current assets 22.00% 24.17% 12.78% 10.52% 14.72%
Property and equipment, net of accumulated depreciation and amortization 39.68 36.85 48.52 47.02 49.84
Operating lease right-of-use assets 9.99 7.96 8.72 9.95 0.00
Goodwill 13.46 13.55 15.16 16.23 18.38
Identifiable intangibles, net of accumulated amortization 8.28 8.35 8.00 8.01 9.10
Cash restricted for airport construction 0.65 2.16 0.99 1.88 0.00
Equity investments 2.36 2.31 3.98 0.00 0.00
Deferred income taxes, net 1.79 2.76 0.19 0.40 1.75
Other noncurrent assets 1.79 1.88 1.67 5.99 6.21
Noncurrent assets 78.00% 75.83% 87.22% 89.48% 85.28%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Delta Air Lines Inc. current assets as a percentage of total assets increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Property and equipment, net of accumulated depreciation and amortization Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Delta Air Lines Inc. property and equipment, net of accumulated depreciation and amortization as a percentage of total assets decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Delta Air Lines Inc. noncurrent assets as a percentage of total assets decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.