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Replies to post #34715 on American Airlines Group Inc (AAL)

Replies to #34715 on American Airlines Group Inc (AAL)
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oldnick

02/13/19 10:02 AM

#34716 RE: 193638 #34715

One rational reason is they believe they can make more revenue than the debt servicing cost.
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mystockpk2

02/13/19 11:53 AM

#34718 RE: 193638 #34715

What you're seeing in increasing debt is due to their change and financial reporting. They added plane leasing cost to their liabilities with a corresponding increase change to the asset.
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mystockpk2

02/13/19 5:25 PM

#34720 RE: 193638 #34715

Increasing debt due to a new line item in the balance sheet of 8.1 billion called operating lease liability. They offset was 9.4 billion operating right of use lease asset.
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Ralph Canine

02/13/19 6:24 PM

#34723 RE: 193638 #34715

Did you get those numbers from yahoo finance? I saw the same thing, but you also need to consider that the enterprise value also went up from $34B to $46B, and a lot of other sites still show the debt around $24B and they actually paid some off. Also, cash on hand is actually closer to $7.5B not $4.76B. Looks like those numbers are off somewhere. Like stock said they modified their approach to their numbers. BTW they have more cash on hand than UAL & DAL too. Their cash to debt ratio is actually better if I am not mistaken.