Delta Air Lines announced its June Quarter 2023 financial results on July 13, 2023. Here are some key financial metrics for Delta Air Lines as of March 2023:

  • Pre-tax margin: 3.78%
  • Net margin: 2.61%
  • Return on assets: 1.65%
  • Return on equity: 25.18%
  • Return on total capital: 9.34%
  • Return on invested capital: 3.75%
  • Total debt to total equity: 465.06%
  • Total debt to total capital: 82.30%
  • Total debt to total assets: 38.17%
  • Interest coverage: 3.44
  • Long-term debt to equity: 418.37%
  • Long-term debt to total capital: 74.04%
  • Long-term debt to assets: 0.34%
  • Net income growth (5-quarter trend): –
  • Sales or revenue: $12.76 billion
  • Sales or revenue growth (5-quarter trend): –
  • EBITDA: +$287.00 million
  • Cash and short-term investment: $6.61 billion
  • Total debt: $29.56 billion
  • Total liabilities: $66.87 billion
  • Total shareholder’s equity: $6.26 billion
  • Book value per share: $9.57

Based on the information available, Delta Air Lines seems to be performing well financially, with record operating revenue and income in the June Quarter 2023. However, the company’s total debt is quite high compared to its equity and assets.

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