LATAM Airlines Group S.A.

LATAM Airlines Group S.A.verified

LTMAY

Price:

$0.05

Market Cap:

$15.11M

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services primarily in Chile, Peru, Ecuador, Colombia, Brazil, other Latin American countries, the Caribbean, North America, Europe, and Oceania. As of June 30, 2022, it provided passenger transport services to 133 destinations in 20 countries and cargo services to approximately 141 destinations in 23 countries, with an operating fleet of 300 aircraft and subleased one B767 cargo freighter to a third party. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is headquartered ...[Read more]

Industry

Airlines, Airports & Air Services

IPO Date

1997-11-07

Stock Exchange

PNK

Ticker

LTMAY

The Current Ratio as of September 2024 (TTM) for LATAM Airlines Group S.A. (LTMAY) is 0.75

According to LATAM Airlines Group S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 0.75. This represents a change of 34.71% compared to the average of 0.56 of the last 4 quarters.

LATAM Airlines Group S.A. (LTMAY) Historical Current Ratio (quarterly & annually)

How has LTMAY Current Ratio performed in the past?

The mean historical Current Ratio of LATAM Airlines Group S.A. over the last ten years is 0.56. The current 0.75 Current Ratio has changed 13.38% with respect to the historical average. Over the past ten years (40 quarters), LTMAY's Current Ratio was at its highest in in the September 2023 quarter at 0.75. The Current Ratio was at its lowest in in the June 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

0.56

Median

0.59

Minimum

0.21

Maximum

0.73

LATAM Airlines Group S.A. (LTMAY) Current Ratio by Quarter and Year

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 = 225.34%

Maximum Annual Current Ratio = 0.73

Minimum Annual Increase = -49.09%

Minimum Annual Current Ratio = 0.21

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.734.50%
20220.69225.34%
20210.21-49.09%
20200.42-27.31%
20190.58-2.78%
20180.59-7.38%
20170.649.98%
20160.5816.48%
20150.50-19.73%
20140.62-18.50%

LATAM Airlines Group S.A. (LTMAY) Average Current Ratio

How has LTMAY Current Ratio performed in the past?

The current Current Ratio of LATAM Airlines Group S.A. (LTMAY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.54

5-year avg

0.53

10-year avg

0.56

LATAM Airlines Group S.A. (LTMAY) Current Ratio vs. Peers

How is LTMAY’s Current Ratio compared to its peers?

LATAM Airlines Group S.A.’s Current Ratio is greater than Azul S.A. (0.28), less than Copa Holdings, S.A. (0.98), greater than Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (0.70), greater than Mesa Air Group, Inc. (0.50), less than International Consolidated Airlines Group S.A. (0), greater than Air France-KLM SA (0.70), greater than Deutsche Lufthansa AG (0.67), greater than Singapore Airlines Limited (0.75), greater than Allegiant Travel Company (0), greater than Alaska Air Group, Inc. (0.74), greater than Gol Linhas Aéreas Inteligentes S.A. (0.68), greater than Air France-KLM SA (0.25), greater than Sun Country Airlines Holdings, Inc. (0.67), greater than null (0.58),

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