United Airlines Holdings (UAL) Financials

United Airlines Holdings Inc (UAL) is a global airline company that provides passenger and cargo transportation services. The company operates a large fleet of aircraft and serves numerous destinations worldwide. In this section, we will take a closer look at United Airlines' financial performance and key financial metrics. Starting with the income statement, which provides an overview of the company's revenues and expenses. United Airlines reported total revenue of $43.25 billion in its most recent fiscal year. This represents a slight increase compared to the previous year. The company's gross profit for the same period was $14.32 billion, while its net income from stockholders was $2.26 billion. Moving on to the balance sheet, which showcases the company's assets, liabilities, and stockholders' equity. United Airlines' total assets amounted to $57.69 billion, while its total liabilities were $56.36 billion. This results in a stockholders' equity of $1.33 billion. The company has a substantial amount of debt, with a total debt of $23.48 billion. However, United Airlines also has cash equivalents of $10.56 billion, helping to offset its debt obligations. Looking at the cash flow statement, which provides insights into the company's cash inflows and outflows. United Airlines generated a total operating cash flow of $6.37 billion in its most recent fiscal year. The company's investing cash flow and financing cash flow were -$10.20 billion and -$934 million, respectively. This resulted in a free cash flow of -$3.83 billion. In summary, United Airlines has reported steady revenues and a positive net income in recent years. However, the company carries a significant amount of debt, which is something investors should consider when assessing its financial health.