While students of the airline industry are typically well versed in operational issues, cost and revenue measures, there is less knowledge of the financial position and condition of individual companies.
The ADP provides a basic set of data and analysis highlighting earnings and the impact on a company’s cash flow, as well as the impact of earnings and cash flow on liquidity and capitalization positions.
The ADP will perform analyses of each U.S. airline that files with the SEC and provide the ratios most commonly used in the analysis of a company’s financial position. These ratios can be used for basic analysis of an individual company, as well as for comparison purposes with other companies examined by the Airline Data Project.
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