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| Date | Value |
|---|---|
| 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 |