The company in question is American Airlines. Please use 10K statements for American Airlines to solve these ratios!

- The American airline's ability to generate cash flows and if this ability is stable? (2019, 2018, 2017)

- The quality of the Company’s tangible assets (type of the tangible assets, and average age of the tangible assets) [Remember: average age of the assets is the total accumulated depreciation divided by annual depreciation expense. Total accumulated depreciation is the original cost of the depreciable assets minus the net carrying value of the depreciable assets.]

- The Airlines' solvency ratio (2019, 2018, 2017)
 

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2019 2018 2017 2016 (In millions, except share and per share amounts) Consolidated Statements of Operations data: Total operating revenues 45,768 44,541 42,622 2$ 40,142 Total operating expenses 42,703 41,885 38,391 35,082 Operating income 3,065 2,656 4,231 5,060 Net income 1,686 1,412 1,282 2,584 Earnings per common share: Basic 3.80 3.04 2$ 2.62 $ 4.68 Diluted 3.79 3.03 2.61 4.65 Shares used for computation (in thousands): Basic 443,363 464,236 489,164 552,308 Diluted 444,269 465,660 491,692 556,099 Cash dividends declared per common share 0.40 0.40 2$ 0.40 $ 0.40 Consolidated Balance Sheet data (at end of period): Total assets 59,995 60,580 52,785 53,610 Debt and finance leases 24,315 24,473 25,065 24,344 Pension and postretirement obligations (1) 6,081 6,937 7,596 7,946 Operating lease liabilities Stockholders' equity (deficit) 9,129 9,556 (118) (169) (780) (286) 2019 2018 2017 2016 (In millions, except share and per share amounts) Consolidated Statements of Operations data: Total operating revenues 45,768 44,541 42,622 2$ 40,142 Total operating expenses 42,703 41,885 38,391 35,082 Operating income 3,065 2,656 4,231 5,060 Net income 1,686 1,412 1,282 2,584 Earnings per common share: Basic 3.80 3.04 2$ 2.62 $ 4.68 Diluted 3.79 3.03 2.61 4.65 Shares used for computation (in thousands): Basic 443,363 464,236 489,164 552,308 Diluted 444,269 465,660 491,692 556,099 Cash dividends declared per common share 0.40 0.40 2$ 0.40 $ 0.40 Consolidated Balance Sheet data (at end of period): Total assets 59,995 60,580 52,785 53,610 Debt and finance leases 24,315 24,473 25,065 24,344 Pension and postretirement obligations (1) 6,081 6,937 7,596 7,946 Operating lease liabilities Stockholders' equity (deficit) 9,129 9,556 (118) (169) (780) (286)

Answer rating: 100% (QA)

1 Times interest earned ratio Just a small correction the net income is 1686 and not 1688 You can di... View the full answer