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 $320.0M and total debt of $740.0M, which brings its debt-to-equity ratio to 231.3%. Its total assets and total liabilities are $5.5B and $5.2B respectively. Controladora Vuela Compañía de Aviación. de's EBIT is $448.9M making its interest coverage ratio 2.3. It has cash and short-term investments of $830.3M.
Key information
231.3%
Debt to equity ratio
US$740.00m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$830.31m |
| Equity | US$320.00m |
| Total liabilities | US$5.17b |
| Total assets | US$5.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0I3G's short term assets ($1.3B) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: 0I3G's short term assets ($1.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: 0I3G has more cash than its total debt.
Reducing Debt: 0I3G's debt to equity ratio has increased from 103.2% to 231.3% over the past 5 years.
Debt Coverage: 0I3G's debt is well covered by operating cash flow (135%).
Interest Coverage: 0I3G's interest payments on its debt are not well covered by EBIT (2.3x coverage).