Originally Posted by
NorthwestAA
"Market cap, also known as market capitalization is the total market value of all of a company'soutstanding shares. It is also incorrectly known to some as what the company is really worth, or in other words the value of the business."
There, got it for you straight out of the hit book Investing for Morons.
I think AA is in the worst shape, and the only reason why anyone is buying AAL stock right now is because they believe "they are too big to fail"
Look at at their financials. Its a mess. Delta, widely regarded as having one of the best management teams in the industry, reported yesterday that it was burning $100mm/day! So I will assume, AA is burning at least that, if not more. I'm thinking more. They also have the least amount of cash going into this pandemic with $3.8B, vs DL with $6B and UA with $5B. American has the most Debt by far, with $33.4B. Not including the additional $6.5b loan it just took from the Treasury. AA also has negative stockholder equity, DL has $15B, and UA has $11.5b. And AA has the worst credit rating.
I hope AA makes it through, but they are definitely in the worst shape. So you can get off your high horse.