Controladora Vuela Compañía de Aviación. de Balance Sheet Health
Financial Health criteria checks 2/6
Controladora Vuela Compañía de Aviación. de has a total shareholder equity of $276.9M and total debt of $641.5M, which brings its debt-to-equity ratio to 231.7%. Its total assets and total liabilities are $5.4B and $5.1B respectively. Controladora Vuela Compañía de Aviación. de's EBIT is $357.9M making its interest coverage ratio 2. It has cash and short-term investments of $767.8M.
Key information
231.7%
Debt to equity ratio
US$641.50m
Debt
| Interest coverage ratio | 2x |
| Cash | US$767.84m |
| Equity | US$276.90m |
| Total liabilities | US$5.10b |
| Total assets | US$5.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CDA's short term assets ($1.3B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: 2CDA's short term assets ($1.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: 2CDA has more cash than its total debt.
Reducing Debt: 2CDA's debt to equity ratio has increased from 84.2% to 231.7% over the past 5 years.
Debt Coverage: 2CDA's debt is well covered by operating cash flow (119.6%).
Interest Coverage: 2CDA's interest payments on its debt are not well covered by EBIT (2x coverage).