Latam Airlines (LTM) Beginning Cash Balance (2011 - 2023)

Latam Airlines (LTM) posted Beginning Cash Balance of $1216.7 billion for Q2 2023, little changed on a QoQ basis from $1216.7 billion in Q1 2023, and up 16.22% year-over-year from $1046.8 billion in Q2 2022.

Latam Airlines (LTM) Beginning Cash Balance (2011 - 2023) Analysis & Trends

Latam Airlines' Beginning Cash Balance history runs 13 years deep, the most recent figure standing at $1216.7 billion for Q2 2023.

  • Quarterly Beginning Cash Balance rose 16.22% year-over-year to $1216.7 billion in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $4527.0 billion (down 17.47% YoY) and the FY2019 annual result came in at $1.1 billion, up 94614.38% from the prior year.
  • Beginning Cash Balance was $1216.7 billion for Q2 2023 at Latam Airlines, roughly flat from $1216.7 billion in the prior quarter.
  • Across five years, Beginning Cash Balance topped out at $1695.8 billion in Q1 2021 and bottomed at $1.1 billion in Q2 2020.
  • A 5-year average of $782.7 billion and a median of $1046.8 billion in 2022 frame the typical range for Beginning Cash Balance.
  • Annual changes were most pronounced in 2021 — Beginning Cash Balance soared 158008.73% — and 2022, when it slumped 38.27%.
  • Latam Airlines' Beginning Cash Balance stood at $1.1 billion in 2019, then fell by 0.84% to $1.1 billion in 2020, then surged by 158008.73% to $1695.8 billion in 2021, then slumped by 38.27% to $1046.8 billion in 2022, then advanced by 16.22% to $1216.7 billion in 2023.
  • Business Quant data shows LTM's Beginning Cash Balance at $1216.7 billion in Q2 2023, $1216.7 billion in Q1 2023, and $1046.8 billion in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Latam Airlines 29,341.35 Bn 29,338.67 Bn 1.28 Mn
2 Ryanair Holdings 183.33 Bn 180.79 Bn -
3 Delta Air Lines 53.61 Bn 48.95 Bn 19.07 Bn
4 Southwest Airlines 21.85 Bn 18.53 Bn 7.33 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.69 Bn 7.93 Bn -
6 Copa Holdings 5.59 Bn 4.26 Bn 713.71 Mn
7 Alaska Air 5.12 Bn 3.35 Bn 3.20 Bn
8 Skywest 3.85 Bn 3.22 Bn 1.01 Bn
9 Jetblue Airways 1.85 Bn 1.44 Bn 1.87 Bn
10 Allegiant Travel 1.72 Bn 818.03 Mn 651.87 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 1,216.68 Bn
Jun 30, 2023 1,216.68 Bn
Mar 31, 2023 1,216.68 Bn
Mar 31, 2023 1,216.68 Bn
Sep 30, 2022 1,046.84 Bn
Sep 30, 2022 1,046.84 Bn
Jun 30, 2022 1,046.84 Bn
Jun 30, 2022 1,046.84 Bn
Mar 31, 2022 1,046.84 Bn
Mar 31, 2022 1,046.84 Bn
Sep 30, 2021 1,695.84 Bn
Sep 30, 2021 1,695.84 Bn
Jun 30, 2021 1,695.84 Bn
Jun 30, 2021 1,695.84 Bn
Mar 31, 2021 1,695.84 Bn
Mar 31, 2021 1,695.84 Bn
Sep 30, 2020 1.07 Bn
Sep 30, 2020 1.07 Bn
Jun 30, 2020 1.07 Bn
Jun 30, 2020 1.07 Bn