LTM
Price:
$53.25
Market Cap:
$15.29B
LATAM Airlines Group S.A., encompassing its various subsidiaries, specializes in providing both passenger and freight air transport services. The company's vast operational footprint extends across multiple continents, covering Chile, Peru, Ecuador, Colombia, Brazil, a range of other Latin American countries, the Caribbean, North America, Europe, and Oceania. In addition to its core aviation business, LATAM offers a suite of supplementary services, including ground handling, courier delivery, logistics solutions, and aircraft maintenance. As of December 31, 2023, the airline catered to passenger travel across 148 destinations in 26 countries, while its cargo operations reached 166 destinatio...[Read more]
Industry
Airlines, Airports & Air Services
IPO Date
2024-07-25
Stock Exchange
NYSE
Ticker
LTM
According to LATAM Airlines Group S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 0.67. This represents a change of 8.71% compared to the average of 0.62 of the last 4 quarters.
The mean historical Current Ratio of LATAM Airlines Group S.A. over the last ten years is 0.56. The current 0.67 Current Ratio has changed 11.85% with respect to the historical average. Over the past ten years (40 quarters), LTM's Current Ratio was at its highest in in the March 2024 quarter at 0.75. The Current Ratio was at its lowest in in the September 2022 quarter at 0.21.
Average
0.56
Median
0.59
Minimum
0.21
Maximum
0.74
Discovering the peaks and valleys of LATAM Airlines Group S.A. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 230.56%
Maximum Annual Current Ratio = 0.74
Minimum Annual Increase = -49.65%
Minimum Annual Current Ratio = 0.21
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.60 | -3.08% |
| 2024 | 0.62 | -16.10% |
| 2023 | 0.74 | 6.33% |
| 2022 | 0.69 | 230.56% |
| 2021 | 0.21 | -49.65% |
| 2020 | 0.42 | -26.64% |
| 2019 | 0.57 | 4.63% |
| 2018 | 0.54 | -15.15% |
| 2017 | 0.64 | 9.98% |
| 2016 | 0.58 | 16.48% |
The current Current Ratio of LATAM Airlines Group S.A. (LTM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.65
5-year avg
0.57
10-year avg
0.56
LATAM Airlines Group S.A.’s Current Ratio is less than Ryanair Holdings plc (0.90), less than Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (1.50), less than J.B. Hunt Transport Services, Inc. (1.26), less than Grupo Aeroportuario del Sureste, S. A. B. de C. V. (3.39), less than Booz Allen Hamilton Holding Corporation (1.78), less than Joby Aviation, Inc. (22.05), less than ZTO Express (Cayman) Inc. (1.64), greater than American Airlines Group Inc. (0.49), less than CNH Industrial N.V. (6.92), less than Lincoln Electric Holdings, Inc. (1.83),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.90 | $31.40B | |
| 1.50 | $12.30B | |
| 1.26 | $27.29B | |
| 3.39 | $8.62B | |
| 1.78 | $9.27B | |
| 22.05 | $9.00B | |
| 1.64 | $18.08B | |
| 0.49 | $9.91B | |
| 6.92 | $13.14B | |
| 1.83 | $14.15B |
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