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07-24-2022, 05:30 PM

#1014

CaptainSlow

Quarantined

Joined APC: Mar 2018

Posts: 181

Quote:

Originally Posted by Montcalm

Thank god Kyle the freelance travel blogger figured it all out. Institutions such as Vanguard and BlackRock must be clueless.

Total liabilities aren't debt. But like Kyle, some people don't seem to get it. AAL's debt load is roughly 35bn. That's ~4bn more than UAL.

https://www.macrotrends.net/stocks/c...long-term-debt
https://www.macrotrends.net/stocks/c...long-term-debt

and Don't let the negativity on these forums get to your head. Take the first legacy class and don't commute.

Total liabilities isn’t total debt, but long term debt isn’t total debt either.

Folks keep citing current debt or long term debt. Current debt = debt that matures within 12 months. Long term debt = debt that matures in greater than 12 months. Current + Long term debt = Total debt.

Total debt is somewhere around ~$45B for AAG. DL is ~$34B and UA is ~$39B. That said, AAG seems to be trending in a better direction than the last couple years according to some of the credit rating organizations. Fitch listed AAG as “stable” most recently in March:

https://www.fitchratings.com/researc...ble-03-03-2022

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